European Union nations reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc. The agreement among the 27 EU ambassadors was announced by Belgium, which holds most of the frozen assets in the bloc. It came after weeks of tough negotiations among member states, which were made more complicated by the stringent financial limits on using such funds.
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Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses....
Rising tension around Iran is elevating the Red Sea from a secondary theater to a critical axis of global trade...
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