The Russian president says loose fiscal policy is the real cause of inflation, not the conflict in Ukraine Russian President Vladimir Putin has accused Western nations of damaging their own economies through money printing while wrongly blaming their problems on the Ukraine conflict.

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.