What to watch from Joe Biden’s trip to the G7

Telfs-Buchen, Austria CNN – President Joe Biden may be overseas in the Bavarian Alps, but the political division and sour mood he left behind will be difficult to ignore as he begins this year’s Group of 7 summit. Rising costs – driven in part by the Russian invasion of Ukraine – will be central to … Read more

How the melting Arctic could lead to huge riches — and world war

Santa’s getting company. Fast-melting sea ice has opened a potential new Arctic shipping lane across the North Pole, which will give powerful nations easier access to the frozen zone’s vast riches – but has also sparked fears of war. The Arctic Council predicts that, during the summers, sea ice will be gone by 2040 – … Read more

Kaliningrad standoff could reveal if Russia wants to ‘escalate’ | Russia-Ukraine was News

Last Saturday, Lithuania banned the transit of goods subject to European Union sanctions through its territory to the Russian exclave Kaliningrad, which is on the Baltic Sea and about 1,300km (800 miles) from Moscow. Lithuania said the move was in line with European sanctions. Infuriated, Moscow called it a “blockade” and promised to respond. The … Read more

How the melting Arctic could lead to huge riches — and world war

Santa’s getting company. Fast-melting sea ice has opened a potential new Arctic shipping lane across the North Pole, which will give powerful nations easier access to the frozen zone’s vast riches – but has also sparked fears of war. The Arctic Council predicts that, during the summers, sea ice will be gone by 2040 – … Read more

Premarket stocks: Falling copper prices send recession warning

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business – Some investors look to copper prices as a bellwether for the global … Read more

Kaliningrad standoff could reveal if Russia wants to ‘escalate’ | Russia-Ukraine was News

Last Saturday, Lithuania banned the transit of goods subject to European Union sanctions through its territory to the Russian exclave Kaliningrad, which is on the Baltic Sea and about 1,300km (800 miles) from Moscow. Lithuania said the move was in line with European sanctions. Infuriated, Moscow called it a “blockade” and promised to respond. The … Read more

How to Stop Russia’s Plan for Global Food Chaos

About 25 million tons of grain now sit in Ukrainian silos blocked by Russian ships. By disrupting global food and energy supplies, the Kremlin seeks to spark multiple international crises, forcing the West to pressure Ukraine into negotiations. The US should spoil Russia’s strategy by establishing a maritime corridor with a naval coalition of the … Read more

Russia’s ruble is at strongest level in 7 years despite sanctions

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki | Nurphoto | Getty Images Russia’s ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

Moscow threatens NATO member Lithuania over transit ban on goods to Russia’s European exclave Kaliningrad

Lithuania’s decision to ban the transit of certain goods between Russia and its isolated exclave of Kaliningrad has provoked wrath among top officials in Moscow, and even a threat of retaliation against the European nation. Kaliningrad shares land borders with two NATO nations, Lithuania and Poland, but not Russia. Captured from Nazi Germany by the … Read more

Russia and NATO member Lithuania are clashing over Kaliningrad

A sign reading ‘Kaliningrad’ stands atop the main city’s south railway station. Kaliningrad is a small Russian exclave located on the Baltic Sea and sandwiched between Lithuania and Poland. It has become the center of a spat between Russia and NATO member Lithuania. Harry Engels | Getty Images Sport | Getty Images A new front … Read more