Kiev has ‘clearly demonstrated’ its determination to live by European values and standards, Commission President, Ursula von der Leyen says The European Commission believes Ukraine should be granted the status of candidate for European Union membership, the chief of the EU’s executive body, Ursula von der Leyen announced on Friday.

The market drops to bear territory following the Federal Reserve’s historic rate hike 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.

Moscow has torpedoed Western-backed proposal to exclude its precious stones from global markets Russia, the world’s biggest producer of diamonds, has managed to foil a Western-backed attempt to prevent the country’s gems from being sold on the global market, Reuters reported on Thursday, citing newly published letters.