The fallout of Russia’s grain blockade | Russia-Ukraine war News

The alarm on Ahmed Karim Khalife’s phone is set for 6am, so the 22-year-old budding architect can join the queue that starts forming early outside his neighborhood bakery in Beirut. The shop opens at about 7:30 am, and nowadays, often runs out of bread by 9am, said Khalife. “If I don’t wake up on time, … Read more

Tale of 2 summits:’America’s back’ to America’s back sliding

ELMAU, Germany (AP) — One year ago, Joe Biden strode into his first Group of Seven summit as president and confidently told the closest US allies that “America is Back.” Now, many of them are worrying that America is backsliding. As Biden meets this week in the Bavarian Alps with the heads of G-7 leading … Read more

People’s war: Ukraine, Russia crowd-funding gear for troops

KYIV, Ukraine (AP) — In one of the combat zones against Russia, the supply chief for a Ukrainian fighting brigade places his online order for war supplies — a long list ranging from drones, trucks and thermal sights to batteries, generators and tape. They are needed, he writes, to equip two new battalions and “combat … Read more

Russia’pouring fire’ on Ukrainian city as offensive mounts

SLOVIANSK, Ukraine (AP) — Russia was mounting an all-out assault on the last Ukrainian stronghold in the eastern Luhansk region, “pouring fire” on the city of Lysychansk from the ground and air, the local governor said Monday, as Western leaders met to discuss ways of bolstering support for Kyiv. Luhansk Gov. Serhiy Haidai said Russian … Read more

Premarket: Price cap on Russian oil could shake up the market

A version of this story first appeared in CNN Business’Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London CNN Business — — Europe and the United States have barred the import of Russian oil to … Read more

Oslo shooting near gay bar investigated as terrorism, as Pride parade is canceled

CNN — — Oslo’s annual Pride parade was canceled on Saturday following a deadly shooting at a gay bar that Norwegian police are investigating as a possible terrorist attack. Two people were killed and eight others taken to hospital after the shooting near the London Pub, which describes itself on its website as “the largest … Read more

US and allies look for ways to’starve’ Russia of energy revenues as Zelensky speaks to G7

Telfs-Buchen, Austria CNN — — President Joe Biden and fellow world leaders, huddling in the Bavarian Alps, heard Monday from Ukrainian President Volodymyr Zelensky as they mull the next phase of his country’s grinding war with Russia. The conflict has been at the center of the Group of 7 summit being held inside a century-old … Read more

G-7 set to back pursuing Russian oil price cap, tariff hikes

ELMAU, Germany (AP) — The Group of Seven economic powers are set to announce an agreement to pursue a price cap on Russian oil, aiming to curb Moscow’s energy revenues, a US official said Monday. The move is part of a joint effort of support for Ukraine that includes raising tariffs on Russian goods and … Read more

As summit host, Spain urges NATO to watch its southern flank

BARCELONA, Spain (AP) — While Russia’s invasion of Ukraine is certain to dominate an upcoming NATO summit in Madrid, Spain and other member nations are quietly pushing the Western alliance to consider how mercenaries aligned with Russian President Vladimir Putin are spreading Moscow’s influence to Africa .. As the host of the summit taking place … Read more

Did corporate greed fuel inflation? It’s not biggest culprit

WASHINGTON (AP) — Furious about surging prices at the gas station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats … Read more