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Bloomberg Finnish President Sauli Niinisto met with President Joe Biden in the White House, signaling that he’s looking for a closer relationship with the superpower after Finland’s neighbor Russia invaded Ukraine. They agreed to start a “clear process” to enhance security and defense cooperation, also involving Nordic partners, Niinisto, 73, told reporters after their talks in Washington, DC. Asked whether ...

Bloomberg President Vladimir Putin was denounced for his “recklessness” after Ukraine said that Russian forces attacked a nuclear power plant, raising the stakes in the war and prompting calls for an even more robust response to the Kremlin’s aggression. Nato foreign ministers and European leaders condemned what Kyiv described as an assault on the Zaporizhzhia facility in southeast Ukraine, Europe’s ...

  Bloomberg Former Vice President Mike Pence plans to tell Republican donors that there’s no place in the GOP for “apologists” of Russian President Vladimir Putin, his latest shot at Donald Trump ahead of a possible 2024 presidential election bid. Pence is expected to make the comments about Putin and defend the expansion of Nato in Eastern Europe during a ...

  Bloomberg Australia expects to soon announce more specifics of a plan to acquire nuclear-powered submarines under a security partnership with the US and UK, Defense Minister Peter Dutton said. Prime Minister Scott Morrison in September announced the new defense alliance and moved to scrap a deal struck in 2016 with French shipbuilder Naval Group to build as many as ...

  Bloomberg President Joe Biden’s administration will soon start a review of the first group of tariffs on more than $300 billion in Chinese imports needed to prevent their expiration, a process likely to bring new scrutiny of their effectiveness as inflation runs at a four-decade high. The evaluation, officially known as a “review of necessity,” so far has attracted ...

  Bloomberg Ukraine’s President Volodymyr Zelenskiy said Elon Musk promised the country another batch of Starlink satellite terminals to help keep internet communication working as the country fights Russia’s invasion. In a Twitter post, Zelenskiy said he spoke with Musk, the CEO of Tesla Inc. and SpaceX, and another delivery of Starlink systems will arrive next week “for destroyed cities.” ...

  Bloomberg Visa Inc. and Mastercard Inc. are suspending their operations in Russia, a coordinated attempt that threatens to further isolate the economy from the international community following President Vladimir Putin’s decision to invade Ukraine. In separate statements that arrived within minutes of each other, Visa cited “Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” ...

  Bloomberg Argentina’s government published the detailed plan for reducing its fiscal deficit and central bank financing as part of its pending $45 billion deal with the International Monetary Fund. The agreement with IMF staff has now been submitted to Argentina’s congress and will go before a vote sometime in the coming weeks. The country will receive 7 billion ($9.8 ...

  Bloomberg WeWork Inc is in discussions to raise new equity, according to people with knowledge of the matter, after the co-working company’s shares fell by more than half since its October public debut. The stock plunged to a record low on the news. The talks were kick-started by investor interest, said one of the people, who like the others ...

Bloomberg On a freezing winter morning, Europe woke up to a shock. Russia had cut off gas to Ukraine. Companies started reporting drops in supplies via the transit country. Calls to reduce energy dependence on Moscow resonated across the continent. That was in January 2006. Sixteen years on, through another supply crisis and then Russia’s annexation of Crimea, the European ...