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US government running out of cash for Ukraine

White House only has $250 million to spend on military support for Kiev, pending Congressional approval of more money The US government needs Congress to approve its $33 billion request as soon as possible because it only has $250 million remaining from the previous package of assistance for Ukraine, White House spokeswoman Jen Psaki has…

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EU prepares Russia oil embargo – media

Brussels intends to reject a US tariff proposal and instead embargo oil imports from Russia, press reports claim Snubbing US Treasury Secretary Janet Yellen’s proposal to impose tariffs and thereby mitigate a global price spike, the European Union is preparing to embargo all imports of oil from Russia sometime next week, the New York Times…

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More EU nations reject Moscow’s gas-supply terms

Czech Prime Minister Petr Fiala said on Friday that Prague has no plans to pay for Russian gas deliveries in rubles, as demanded by Moscow. He was quoted by media after speaking at a joint press conference with his Polish counterpart, saying: “As for the ruble payment, the Czech Republic does not intend to give…

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