Some of Ukraine’s Western-supplied cruise missiles and depleted-uranium shells have been destroyed in a series of strikes, the Russian Defense Ministry has said. Since last Sunday, Russian forces carried out 12 group attacks against various Ukrainian targets, the ministry said in a statement on Saturday. The targets included Ukrainian aircraft …
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Stocks of weapons within the European Union are greatly depleted as member states continue to supply arms and ammunition to Ukraine for use in its conflict with Russia, EU foreign policy chief Josep Borrell said on Monday. “The military stocks of most member states have been, I wouldn’t say exhausted, …
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US stock futures continued to decline Friday morning after the worst start to a year in decades. The Dow Jones Industrial Average is down 0.7% in pre-market trading, while the S&P 500 and Nasdaq 100 are sliding 0.67% and 0.59% respectively. Stock extended losses from Thursday’s session, with the Dow …
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US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year. The S&P 500 index slid 3.2%, while the Nasdaq Composite plunged 4%. They are now both in bear markets, down about 23% and 34% from …
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All three major US stock market indices continued their downward slide on Monday, amid growing expectations of significant rate hikes from the Federal Reserve and an emerging consensus of economists that the country was entering a recession. The Dow Jones Industrial Average closed at 30,516.74 for a drop of almost …
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US stocks were hammered again on Friday, pushing Wall Street into bear market status amid inflation and recession fears and leaving investors on their longest losing streak since the Great Depression by at least one key measure. The Standard & Poor’s 500 index fell as much as 2.3%, leaving it …
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US markets fell sharply on Thursday in Wall Street’s worst day since 2020, eviscerating all the gains from the previous day, after the US Federal Reserve announced plans to raise the key interest rate. The Dow Jones Industrial Average plummeted more than 1,000 points, or 3.1%, marking its worst daily …
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Russia’s stocks continued to rise sharply on Thursday as the Moscow Exchange reopened for limited trading this week, after suspending most of its transactions on February 28. The ruble-based MOEX benchmark went up more than 11% to 2,743 points. The dollar-denominated RTS index of leading Russian stocks was down slightly, …
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Liberal megadonor George Soros has funnelled $125 million into Democracy PAC, a political action committee aimed at supporting Democrats this November. Soros’ spending on this PAC already dwarves the millions he donated in 2020. Soros announced his investment in a statement on Friday, first reported by Politico. The money will …
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A hot topic in US politics right now is whether members of Congress should be able to trade stocks while in office. Georgia Senator Jon Ossoff plans to introduce a bill that would bar members and their immediate family members from trading individual stocks in the stock market, which comes …
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