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European leaders arrive in Kiev

Premiers of Germany, France, Italy and Romania had traveled overnight on a train to get to the Ukrainian capital German Chancellor Olaf Scholz, French President Emmanuel Macron, Italian Prime Minister Mario Draghi, and Romanian President Klaus Iohannis arrived by train in Ukraine’s capital Kiev on Thursday morning. This is the first visit for each of…

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Russia rules out foreign currency ban

People in Russia will not have their foreign currency accounts frozen, the Central Bank governor says Russia’s Central Bank Governor Elvira Nabiullina confirmed on Thursday that there will be no national ban on buying or selling foreign currencies. She also gave assurances that foreign currency deposits held by the population will not be frozen.

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UK food prices could spike at 15% this summer

Food price inflation in the UK is expected to peak at up to 15% this summer, according to the latest report released by a grocery research body. It warned that the record-high prices would linger on for another year.

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