World Jul 19 Global technology outage disrupts flights, banks and companies around the world Cybersecurity firm CrowdStrike said the trouble with the update it issued that was affecting computers running Microsoft Windows was not a security incident or cyberattack.
World May 23 With Ukraine losing ground, allies debate how to squeeze cash out of frozen Russian assets Many Ukraine supporters want to confiscate the $260 billion to make Russia pay for the widespread damage in Ukraine, and to keep Ukraine going in the fight.
World Feb 21 Germany says Europe’s largest economy is in ‘troubled waters’ and cuts growth forecast Germany is recovering slowly from the shock of Russia cutting off most natural gas supplies after its invasion of Ukraine.
World Jan 17 Ukraine needs money to keep its economy running. Will international aid come? Ukraine has won praise for stabilizing its economy under dire circumstances. Donor aid bolstered government's finances and helped push inflation down for ordinary people, even as Russia's invasion chopped off a third of the economy.
Economy Jan 05 Inflation rose last month in Europe, could keep rising after months of decline European Central Bank President Christine Lagarde warned that inflation could tick up in coming months, taking a detour from its recent downward path.
Economy Nov 28 Germany’s economic challenges complicate budget crisis resolution, despite Chancellor’s reassurance Cuts that need to be made next year could further slow down what is already the world’s worst-performing major economy.
Science Oct 17 Stalled spending on electrical grids slows rollout of renewable energy, endangering climate goals Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years.
Economy Oct 10 IMF downgrades global economic growth outlook, cites Mideast war as new risk A series of previous shocks, including the pandemic and Russia’s war in Ukraine, has slashed worldwide economic output by about $3.7 trillion over the past three years compared with pre-COVID trends.
Economy Sep 25 How oil price hikes boost Russia’s war as drivers pay more for gas Behind the recent bump in price is Saudi Arabia's decision to slash how much oil it sends to global markets through the end of the year. Russia also is cutting back, and less supply means higher prices.
World Aug 15 Russia’s central bank raises interest rates in bid to stabilize ruble The Russian currency passed 101 rubles to the dollar Monday, hitting the lowest level in almost 17 months.