Less than 48 hours after Hungarian Prime Minister Viktor Orban was reelected in a landslide, the EU announced they're going to trigger a never-before-used mechanism aimed at cutting tens of billions of euros in funding to Hungary for violating so-called "democratic norms."
President Joe Biden said he supports a war crime trial against Russian President Vladimir Putin as images of mass civilian causalities emerge from Bucha, a city outside the Ukrainian capital of Kyiv.
Much of the commentary about the Ukraine war’s implications for the investment-management industry has tended to be both immediate and narrow, particularly in discussions about the spillovers for different segments.
U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.
British Prime Minister Boris Johnson warned Ukraine President Volodymyr Zelenskyy against rushing to make a deal with Russia to end the war, The Times of London reported.
German Economy Minister Robert Habeck has declared an early warning level over Russian gas supplies that has led some to speculate the government could end up rationing gas.
Former President Donald Trump called on Russian President Vladimir Putin to release information about alleged business dealings President Joe Biden's son Hunter Biden has entered with Russian oligarchs.
