ECONOMY & MARKETS

Biden Voices Support For New U.S. Mines, If They Don't Repeat Past Sins

FILE PHOTO - U.S. President Joe Biden delivers remarks on his administration's efforts to pursue deterrence and diplomacy in response to Russia’s military buildup on the border of Ukraine, from the White House in Washington, U.S., February 18, 2022.
U.S. President Joe Biden on Tuesday touted progress by government and private industry to boost American production of minerals used to make electric vehicles and other renewable energy products, but stressed that new mines must benefit host communities and not damage the environment.
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Britain's Chief Medical Officer for England Chris Whitty, Prime Minister Boris Johnson, and Chief Scientific Adviser Patrick Vallance attend a news conference to outline the government's new long-term coronavirus disease (COVID-19) pandemic plan, at Downi

Britain Sanctions Gennady Timchenko And Five Banks

Britain on Tuesday imposed sanctions on Gennady Timchenko and two other billionaires with close links to Vladimir Putin after the Russian president ordered troops to two breakaway regions in eastern Ukraine.
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UK's Inflation Bill Eats Into Sunak's Budget Leeway

Fast-rising inflation is pushing up the British government's debt interest bill sharply and limiting finance minister Rishi Sunak's options to ease a cost-of-living squeeze in a tax and spending announcement next month.
A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011.

Dollar Dips In Choppy Trade Caused By Ukraine Uncertainty

The U.S. dollar was slightly lower against a basket of major currencies on Tuesday in choppy trade, getting whipsawed by developments in Ukraine a day after Russian President Vladimir Putin recognized two breakaway regions in the country and ordered troops to the area.
A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011.

Yen Firm, Euro Falters As Ukraine Crisis Deepens

The safe-haven yen hit a near three-week high and the euro touched a one-week low in Asia trade on Tuesday as Russia ordered troops into breakaway parts of eastern Ukraine and the West vowed sanctions in response.
Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar are seen after the New Year ceremony marking the opening of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandem

Russia, Ukraine War Fears Send Oil Soaring, Shake Stocks

Crude oil futures rose on Monday to their highest levels since 2014 on supply concerns while Wall Street equities fell a day after Russian President Vladimir Putin ordered troops into the Donetsk and Luhansk regions of Ukraine.
Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar are seen after the New Year ceremony marking the opening of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandem

Deepening Ukraine Crisis Jolts Stocks, Sends Oil Surging

Global stocks tumbled while safe-havens rallied and oil surged on Tuesday as Europe's eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.
Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar are seen after the New Year ceremony marking the opening of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandem

Ukraine War Fears Pummel Stocks, Lift Oil To 7-year High

Stocks slumped and oil surged to its highest in seven years on Tuesday as Europe's eastern flank stood on the cusp of war after Russian President Vladimir Putin ordered troops into two breakaway regions of eastern Ukraine.

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