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The Latest Breaking News from European Union

Allies join G7's WTO stance towards Russia - EU trade chief

Nine other countries have joined the G7 nations in stripping Moscow of its privileged trade treatment following Russia's invasion of Ukraine, EU trade chief Valdis Dombrovskis said on Tuesday.

Reuters

SoftBank-Owned Arm Ltd Looks To Prune ~1K Jobs As It Prepares For IPO

SoftBank Group Corp(OTC:SFTBY) (OTC:SFTBF)-owned Arm Ltd looks to slash 15% of its workforce as it prepares for its initial public offering, Bloomberg reports. Arm aims to trim 12% - 15% of U.K. staff to control spending and focus on fewer projects. Also Read: SoftBank Aims For Arm IPO After Nvidia Dumps Takeover Plans, US Joins…

Benzinga

RWE AG May Be Forced To Cover Risk Of Soaring Energy Prices

German electricity producer RWE AG (OTC:RWEOY) could set aside capital to manage soaring energy prices if Russian gas imports are halted due to the Ukrainian crisis in the long term, Bloomberg reported. Energy companies and traders have been facing the jitters as the Russian invasion of Ukraine, and the consequent sanctions have disturbed commodity markets. Soaring prices…

Benzinga

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Russia Ukraine War Advisory

Russian bombs struck residential areas in Ukraine's capital where leaders of three EU nations planned to meet with top leaders in a symbolic show of support for the embattled nation.

The Independent UK

Spain detains yacht linked to Russian oligarch Mikheyev, police source says

Spanish authorities detained early on Tuesday a yacht called "Lady Anastasia" owned by Russian oligarch Alexander Mikheyev, who is under European Union sanctions, a police source told Reuters.

Reuters

Boris Johnson claims West made 'terrible mistake' over Russia - so what's his own record?

Boris Johnson today said the West had made a 'terrible mistake' by letting Vladimir Putin 'get away' with the 2014 annexation of Crimea - leading to the Ukraine-Russia war. So here's what he's said before...

Daily Mirror

3 European leaders to visit Zelensky in Kyiv as Russia continues strikes on capital

The three prime ministers will be visiting an active war zone with the blessing of EU leadership.

Axios

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‘Europe stands with you’: EU leaders vow support for Ukraine during Kyiv visit

Leaders of Poland, the Czech Republic and Slovenia express ‘unequivocal support’ for Ukraine after making perilous journey by train to meet Zelenskiy

The Guardian - UK

Leaders of 3 EU states head to Kyiv as attacks intensify

The leaders of Poland, the Czech Republic and Slovenia are traveling to Kyiv on a European Union mission to meet with Ukraine’s top leadership as Russia’s offensive moves closer to the center of the capital

The Independent UK

Top Polish politician calls for peacekeeping mission in Ukraine

An international peacekeeping mission should be sent to Ukraine and be given the means to defend itself, the leader of Poland's ruling party said on Tuesday after meeting Ukrainian President Volodymyr Zelenskiy.

Reuters

EU blacklists Abramovich, targets energy, luxury sectors with new Russia sanctions

The European Union on Tuesday launched a new barrage of sanctions against Russia for its invasion of Ukraine, including bans on Russian energy sector investments, luxury goods exports to Moscow and imports of steel products from Russia.

Reuters

Boris Johnson slams West for letting Putin ‘get away’ with 2014 Ukraine invasion despite blaming EU at the time

‘Back then he was part of the problem, claiming it was the EU’s fault not Putin’s. Liars can’t rewrite history,’ says Labour’s Chris Bryant

The Independent UK

Polish, Czech, Slovenian PMs to visit Ukraine on Tuesday

Poland's Prime Minister Mateusz Morawiecki said that he would visit the Ukrainian capital Kyiv on Tuesday with the agreement of the European Union and the United Nations.

Reuters

Oil tumbles back to $100; UK pay squeeze continues – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Reuters

French companies must implement sanctions against Russia - govt spokesman

French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union and that oil giant TotalEnergies was doing that.

The Guardian - AU

UN says 75,000 children a day have become refugees - as it happened

The UN says it expects the number of Ukrainian refugees to reach at least four million, while Poland’s PM announced he and his counterparts from the Czech Republic and Slovenia are now in Kyiv

Benzinga

Let The Jitters End: Bitcoin And Ethereum Are Not Getting Banned In EU After All

The European Parliament’s Committee on Economic and Monetary Affairs has voted against a bill that would outright ban proof-of-work (PoW) cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

France 24

Ukraine official says there is ‘room for compromise’ in ‘very difficult’ Russia talks

A senior Ukrainian official said Tuesday there is ‘room for compromise’ in ‘very difficult’ talks with Russia to end the war in Ukraine. A Russian TV journalist who denounced the war during a broadcast was fined and released by a Moscow court. The prime ministers of Poland, the Czech Republic…

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The Times of India

Invasion of autocracy over democracy by Russia: British envoy

JAIPUR: British high commissioner Alex Ellis on Monday said Russia’s Ukraine invasion was beginning of a long process to achieve something. Speaking during the session ‘Present Tense: Conflict and Democracy’ at the concluding day of Jaipur Literature Festival, Ellis said it was an invasion of autocracy over democracy by Russian…

The Independent UK

EU imposes 4th set of sanctions against Russia for war

The European Union has announced that it has approved a new set of sanctions to punish Moscow for its invasion of Ukraine

Al Jazeera

Russia-Ukraine latest updates: Thousands evacuated from Sumy

Russia-Ukraine news from March 15: Red Cross evacuates several thousand civilians from Sumy, northeastern Ukraine.

Daily Mirror

New UK Russian sanctions due today in law change - but ‘huge gaps’ left for elites

Foreign Secretary Liz Truss has claimed the Economic Crime Bill will streamline the sanctions process, lowering legal barriers for the UK to target Putin cronies and making it easier to hit those sanctioned by the US and EU

The Independent UK

EU's Borrell says Western Balkans' accession a priority

The European Union’s foreign policy chief has reaffirmed the 27-country bloc’s desire to integrate the Western Balkans, saying it’s a “strategic priority.”

France 24

French presidential candidates grilled over Ukraine war in faux debate

French President Emmanuel Macron and his seven leading challengers in the upcoming presidential election were quizzed on the war in Ukraine and Europe's looming energy crisis on Monday night in the first televised match-up ahead of the April 10 vote.

Daily Mirror

7 MPs taking a refugee from Ukraine into their home - and why others won't

The scheme has been heavily criticised for not being as welcoming as programmes rolled out by EU countries that have waived visa requirements for Ukrainians in the short term

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