Russian missiles struck the Ukrainian capital Kyiv on Sunday, a day after a key eastern city fell to pro-Russian forces in a major set-back for Ukraine and as world leaders gathered in Europe to discuss further sanctions against Moscow.
- WorldG7 nations announce Russia gold ban as summit starts under shadow of war
Members of the Group of Seven wealthy nations on Sunday announced a ban on imports of Russian gold as the G7 summit in the Bavarian Alps begins under the shadow of the war in Ukraine and consequences ranging from energy shortages to a food crisis.
- Macro MattersBanking body urges decisive wave of global rate hikes to stem inflation, article with image
The world's central bank umbrella group called for interest rates to be raised "quickly and decisively."
- BusinessAfghan health official warns of disease outbreak among earthquake survivors
At least 1,000 people were killed and 2,000 injured in Wednesday's earthquake. A U.N. body warned that cholera outbreaks are a particular and serious concern.
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