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War in Ukraine strains ties between Putin and his old Serb ally

Bloomberg Serbia, traditionally one of Russia’s closest allies in Europe, is trying to put some distance between itself and Moscow as the war in Ukraine strains ties between the two countries and their leaders. In an interview in Belgrade, President Aleksandar Vucic dismissed territorial claims in Ukraine by Vladimir Putin and predicted the “worst is yet to come” for the ...

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Turkey mounts pressure on Sweden ahead of F-16 talks with US

Bloomberg Turkish Foreign Minister Mevlut Cavusoglu applied fresh pressure on Sweden to make concessions as he traveled to the US for talks on the sale of F-16 fighter jets, which may depend on Turkey’s ratification of the Nato expansion. Cavusoglu is expected to meet his US counterpart Antony Blinken in Washington later Wednesday to discuss the aircraft sale as well ...

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BOJ jolts financial markets but risk of a bigger shock remains

  Bloomberg An unchanged decision from the Bank of Japan (BOJ) gave global investors a modest jolt Wednesday, leaving the bigger shock of a future policy shift hanging over markets from the yen to Treasuries. Standing pat caught some traders by surprise but is unlikely to douse speculation that the BOJ will normalize policy as inflation in Japan accelerates and ...

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