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EU leaders cut off a “huge source of financing” for Putin’s war machine

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EU leaders have finally clenched a deal on banning Russian oil imports, after facing strong opposition from Hungary

Under the agreement, two-thirds of all Russian oil imports will be blocked, cutting off a “huge source of financing” for Putin’s war machine.

The European Union’s chief believes this move will put maximum pressure on Russia to finally end its war.

All 27 member states had to agree on the partial ban, which forms part of a sixth package of sanctions against Moscow.

This comes as Ukrainian President Volodymyr Zelensky called for greater unity across the board, in a passionate plea to European leaders

Labelling the Union ‘too soft’, Zelensky says now is not the time to be seperate fragments.

The Ukrainian President was requesting a new set of sanctions against Russia, including a ban on Russian oil.

Recent internal quarrels within the EU’s top body has lead to the delay on any new action against Putin and his war machine.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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