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The Latest Breaking News from Europe

Biden, Europe revoke Russia’s trade status, ratcheting up economic pain for Putin

WASHINGTON — President Joe Biden announced Friday that the U.S. will suspend normal trade relations with Russia on Friday as part of the ongoing effort to punish President Vladimir Putin for his unprovoked war in Ukraine.

Los Angeles Times

Pearson Shares Soar As It Ditches Apollo's Takeover Offer Second Time

U.K. education publishing group Pearson PLC (NYSE:PSO) refused Apollo Global Management Inc's (NYSE:APO) March 7 takeover proposal for 854.2 pence per share which valued Pearson at £6.5 billion, Bloomberg reports. Previously, Pearson rejected Apollo's November cash offer of 800 pence per share, valuing Pearson at £6.1 billion ($8 billion). Pearson reasoned that the offers significantly…

Benzinga

Trickle-down in drips and drops: The French economy after five years under Macron

French President Emmanuel Macron finally hit the campaign trail in March, vying for re-election after a crisis-laden five years for France, Europe and the world beyond. After poring over Macron's record on foreign affairs last week, FRANCE 24 now takes a look at how the centrist has measured up on…

France 24

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Orphazyme Calls For Court-Mediated Restructuring, Lays Off 50% Workforce

Orphazyme A/S's (NASDAQ:ORPH) board of directors has called for a court-mediated restructuring, prompting the second round of layoffs in less than a year. The in-court restructuring will determine whether any operations can continue if the Company can raise any capital or if it is prudent to sell all or some parts of…

Benzinga

War in Ukraine: Ukrainian government looks to EU for ongoing support

Just over two weeks on from the Russian invasion of Ukraine, Catherine Nicholson is joined by Polish MEP Roza Thun und Hohenstein and German MEP Helmut Scholz to discuss the European response to the crisis. The reception of refugees in the EU is a pressing issue; earlier this week the…

France 24

Could Russia’s invasion of Ukraine fuel the spread of Covid and other infectious diseases?

As health services collapse and millions flee, Covid, polio and TB could also be on the march, health officials warn

Evening Standard

Why Russia still has Europe over a barrel when it comes to oil supply

Oil and war have been inextricably linked for decades, and Ukraine is no exception. And as the west seeks to put ever greater economic pressure on Vladimir Putin, the US announced a ban on importing Russian oil.

The Conversation

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'Nothing is taboo': EU mulls fresh set of sanctions on Russia

European Union leaders said Friday they will continue applying pressure on Russia by devising a new set of “massive” sanctions to punish Moscow for its invasion of Ukraine while stepping up military support for Kyiv.

France 24

Ukraine war and anti-Russia sanctions on top of COVID-19 mean even worse trouble lies ahead for global supply chains

Francis Fukuyama, the American political scientist who once described the collapse of the Soviet Union as the “end of history,” suggested that Russia’s invasion of Ukraine might be called “the end of the end of history.” He meant that Vladimir Putin’s aggression signals a rollback of the ideals of a…

The Conversation

Scotland scrum-half Ali Price ready for ‘incredibly proud moment’ in Rome

The 28-year-old is excited about chalking up another landmark appearance in one of Europe’s most storied arenas.

The Independent UK

Inside a USAF B-52 bomber cockpit during a mission over Europe - feel the roar

You may need to turn the volume down on this video from a flight in 2019

Wales Online

Cédric Grolet at the Berkeley, London W1: ‘Spiking the blood sugar levels of Europe’ – restaurant review

A Frenchman wading into Britain’s fractious ‘jam or cream first?’ scone debate is either foolhardy or admirable

The Guardian - UK

How racism colors Ukraine coverage

Ukraine is a global crisis and a humanitarian tragedy. But Western media coverage has an obvious racial bias

Salon

Fashion Chain Primark Puts Click-And-Collect on Radar as Expansion Gathers Pace

Budget fashion chain Primark, which has shunned the extra cost of home delivery, could add click-and-collect services to its revamped website over time, but still sees new stores in markets such as Italy and the United States as it main growth driver. The chain, whose trendy clothes at rock-bottom prices…

Asharq Al-Awsat

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The New Daily

‘Remain calm’: Financial war against Russia gets hotter, but don’t panic just yet

Just over two weeks into Russia’s expanded invasion of Ukraine, two very different wars are being waged across Europe’s renewed iron curtain.

Tribune News Service

Former Sen. Dan Coats dishes on Supreme Court, Ukraine, Trump

WASHINGTON — Dan Coats took on many different roles in his four decades in national and international politics, and all of them seem to be colliding at once as Russia invades Ukraine, as Europe and former President Donald Trump respond, and the Senate starts a historic Supreme Court confirmation process.

The Guardian - UK

‘My plan is there is no plan’: the foreign fighters flocking to Ukraine

Thousands of people from around the world have joined the war effort, unsure when or if they will return home

The Guardian - UK

Can turning down our radiators turn up the heat on Vladimir Putin?

Russia has used its gas supply as an “economic weapon”. The West should counter with its own energy-saving measures

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Tribune News Service

Commentary: Putin’s diabolical romanticism is sinking the global economy

The barbarity of the Russian assault on Ukraine is neither mitigated by the ineptitude of the Russian army nor can hearts be uplifted by the bravery of the Ukrainians. Murder on a colossal scale is taking place in plain sight on television day after day.

Tribune News Service

Editorial: California housing costs an obstacle for Ukraine's refugees

Russia's unprovoked invasion has displaced some 2 million Ukrainians in less than two weeks, according to the U.N. High Commissioner for Refugees, making it "the fastest-growing refugee crisis in Europe since World War II." At our best, Americans and especially Californians take pride in our capacity to welcome the world's…

Chicago Tribune

Commentary: Germany’s recommitment to NATO in response to invasion of Ukraine is a remarkable shift

The future of Europe may very well be determined in large part by NATO’s reaction to the invasion of Ukraine. Less than two weeks into Vladimir Putin’s war, the evidence strongly suggests the alliance is pulling together.

The Times of India

Ways closing Russian airspace is impacting aviation sector

One of the sectors that has been really hard hit by the Russia-Ukraine conflict is the aviation sector. Russia recently announced a ban on flights from 36 countries "as a retaliatory measure for the ban by European states on flights by civil aviation operated by Russian airlines or registered in…

The Guardian - UK

UK economy rebounds; Evraz directors resign after Abramovich sanctioned; BAT quits Russia – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

AP Week in Pictures: Europe and Africa

MAR 4 – MAR 10, 2022

The Guardian - UK

How European response to Ukraine refugees differs from UK

Unlike the UK, EU countries have offered open sanctuary to the millions fleeing Russia’s attack in biggest refugee crisis since second world war

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Ketanji Brown Jackson

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