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Big trouble may be brewing in little Moldova, which is starting to look like a staging area for the European Union to offset an emerging Russian victory in Ukraine. Whether such a plan, if attempted, would succeed is not clear. But Moldova is not the most stable country in the world with the nation split between pro-EU and pro-Russian elements.
The G7 price cap on Russian oil shipments is cutting the revenue that Moscow has available to support its invasion of Ukraine, and the mechanism's effectiveness is helped by the recent actions of Indian refiners, U.S. officials will say in New Delhi on Thursday, according to prepared remarks.
BEIJING — U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published by the European Union's statistics agency Wednesday, boosting expectations for interest rate cuts to begin in the summer.
Hungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June, with his ruling party shaken by two political scandals within six weeks.
Washington’s efforts to divert international supply chains from China are already making enough of an impact to drive recommendations for a new game plan from analysts and manufacturers, in their view an essential step to counter a fragmentation of trade that is already under way – and likely to worsen in the coming years.
This is CNBC's live blog tracking developments on the war in Ukraine.
BRUSSELS -- Japan and the European Union plan to formally collaborate on development of advanced materials in such fields as chips and EV batteries, in part to reduce their dependence on China, Nikkei has learned.