Bloomberg While most diplomats at an emergency United Nations Security Council meeting condemned Vladimir Putin’s government for escalating tensions with Ukraine, China’s envoy carefully avoided any mention of Russia. “All parties concerned must exercise restraint and avoid any action that may fuel tensions,” Ambassador Zhang Jun said as part of a six-sentence statement. “The current situation in Ukraine is a ...

Bloomberg With President Joe Biden’s signature environmental legislation indefinitely stalled, progressive Democrats and activists are lobbying the White House to declare a “climate emergency” to unlock executive powers. The tactic could allow Biden to shut down crude oil exports, suspend offshore drilling, and redirect funding for clean energy projects. Former President Donald Trump used a similar step to divert billions ...

  Bloomberg The US Transportation Department is awarding some $450 million in grants for port-related projects to bolster capacity and improve the movement of goods as the US economy continues to be affected by congested supply chains, senior Biden administration officials say. “We’re proud to announce this funding to help ports improve their infrastructure — to get goods moving more ...