The pressure on the euro and British pound continued on Wednesday, with Russia's cutting off natural-gas supplies to Poland and Bulgaria further fanning...
The pressure on the euro and British pound continued on Wednesday, with Russia’s cutting off natural-gas supplies to Poland and Bulgaria further fanning worries about economic growth.
The pound GBPUSD traded at $1.2567, down... The pressure on the euro and British pound continued on Wednesday, with Russia’s cutting off natural-gas supplies to Poland and Bulgaria further fanning worries about economic growth. As the Federal Reserve plans to ratchet up interest rates, investors are betting both the European Central Bank and Bank of England won’t be able to keep up. Russia’s war on Ukraine also hits the European economy more than the U.S. one given the proximity as well as Europe’s reliance on Russian energy supplies.
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Poland, Bulgaria say Russia suspending natural gas suppliesOfficials in Poland and Bulgaria say Russia is suspending deliveries of natural gas to their countries starting Wednesday
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Russia accused of ‘gas blackmailing’ after cutting off Poland, BulgariaAndriy Yermak, Ukrainian President Volodymyr Zelensky’s chief of staff, said Russia has begun “gas blackmailing Europe.”
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Poland, Bulgaria say Russia suspending natural gas suppliesOfficials in Poland and Bulgaria say Russia is suspending deliveries of natural gas to their countries starting Wednesday
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Russia will shut off gas supplies to Poland, state-run company saysRussia will suspend gas supplies to Poland, according to a Polish state-run gas firm, in a dramatic escalation of tensions with the West
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Russia-Ukraine live updates: Russia 'already failed' to achieve war goals, Blinken says'In terms of Russia's war aims, Russia has already failed,' Sec. of State Antony Blinken says.
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