Ukraine Financial News

supply policy unchanged till the second half of 2024. The International Monetary Fund (IMF) has described an "adverse scenario" in which an escalation of conflict in the Middle East would lead to a 15 per cent jump in oil prices and higher shipping costs that would hike global inflation by about 0.7 percentage points. Global brokerages such as Morgan Stanley has lifted its third quarter Brent crude oil forecast by $4 per barrel to $94 .

Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a major boost as House Republicans included it in a package of bills that would send U.S. aid to Ukraine and Israel

Alexei Navalny, Russia’s foremost opposition leader, in a Siberian gulag on February 16th. The next day Ukraine’s army withdrew from the town of Avdiivka, handing Mr Putin his first military victory in almost a year. America’s Congress, meanwhile, showed no sign of passing a bill to dispense more military aid to Ukraine, which is starved of ammunition and therefore likely to suffer more setbacks on the battlefield.

Top NATO and European Union officials are urging industrialized nations to take quick and concrete steps to provide more air defense systems to Ukraine

The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but “there is plenty to worry about,″ including stubborn i...

Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles

Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in Ukraine

European Union leaders debated at a summit in Brussels a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the gap with Chinese and American rivals

It's a full agenda for Ajay Banga as he nears the end of his first year as World Bank president

Speaker Mike Johnson has unveiled a long-awaited package of bills that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza

Nirmala Sitharaman said challenges to the Indian economy may be mounting and the country will have to be ready to respond with the kind of agility that it did after the Covid-19 pandemic and soon after the Russia-Ukraine war started. The authorities are keeping a watch and the chief economic adviser is looking at various indications of what could be coming, she said in an interview. Tesla chief Elon Musk's impending visit to meet Prime Minister Narendra Modi is a recognition of the high-tech manufacturing ecosystem that's been established in India by top companies, she said. Sitharaman said everything in the BJP's manifesto is clearly worked out with a sense of responsibility that taxpayers' money should be used efficiently.

India’s law enforcement authorities confiscated properties worth $11m owned by businessman Raj Kundra as part of an investigation related to an alleged Bitcoin scam.

Speaker Mike Johnson is forging ahead to pass a bill to support Ukraine, Israel and Taiwan, despite threats from his right rump to topple him. He’s correct on the policy merits, and he deserves support from Members of both parties given what a potential Ukrainian defeat would mean for U.S. national security.

Oil prices are up around 16% so far this year near $90 a barrel, with supply worries high given escalating Middle East tensions and tit-for-tat attacks on energy infrastructure between Ukraine and Russia. Investors are paying attention. After all, it was an energy price surge two years ago that helped drive inflation and interest rates higher on a scale not seen in decades. The International Monetary Fund on Tuesday described an "adverse scenario" in which an escalation of conflict in the Middle East would lead to a 15% jump in oil prices and higher shipping costs that would hike global inflation by about 0.7 percentage points.

Joe Biden said on Wednesday that the US continues to urge Israel to ramp up “land, air, and sea deliveries for Gaza civilians". In a post on X, Biden said that in the “12 days following my call with Prime Minister Netanyahu, 3,000 trucks with food and supplies moved into Gaza – a daily increase of over 50% from the week prior." Biden added, “It's still not enough," saying, “We continue to urge Israel to ramp up land, air, and sea deliveries for Gaza civilians." Also Read: Iran-Israel war LIVE: 'West repelled strike on Israel, why not for Ukraine?' asks Estonia PM As reported by Reuters, the Palestinian enclave's health ministry said that Israel's military offensive in the Gaza Strip has "killed at least 33,899 Palestinians and wounded 76,664 since Oct.

A Ukrainian lawmaker is set to stand trial after allegedly trying to bribe a government official with $10,000 worth of Bitcoin, anti-corruption officials said on April 16.

Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices

Paris, while France will get a major host-nation bump from eighth to third, according to a forecast 100 days out from the opening ceremony. The Gracenote virtual medals table, which is compiled using results data from key global and continental competitions since the Tokyo Olympics, has the U.S. on top both on gold medal count (39) and total medal count (123). The U.S. will host the next Olympics after Paris in Los Angeles in 2028.

Israel and Iran amid the ongoing Israel-Hamas war in Gaza. As per the statement, "the continuing escalation of tensions between Israel and Iran and the wars in Gaza and in Ukraine will dominate the agenda of the ministers." The G7 ministers will discuss the Middle East situation on Thursday morning, news agency AFP reported. Iran's latest attack on Israel mounted tensions in the Middle East region, with the Iran-backed Hezbollah group exchanging fire across the border with Israel almost daily since the incursion.

The rupee has fallen to a new low of 83.5 against the dollar. This has wide ramifications, making exports lucrative but imports expensive. Mint looks at why the currency is falling, how it impacts everybody and what can RBI do.

UK's March inflation print underscored market uncertainty about when BoE policymakers led by Governor Andrew Bailey will be able to ease off on the highest interest rates in 16 years. However, UK inflation is still higher than the BoE's two per cent but the direction of the downtrend is clear, said analysts. While UK has lifted rate cut hopes.