The escalation of economic sanctions against Russia will further disrupt global supply chains and push up oil, gas and food prices. 40% of the EU’s natural gas supply comes from Russia. The U.S. has banned Russian oil and gas imports, and the European Union is planning to follow.
Read MoreAt meetings with senior executives from Johnson & Johnson and Merck & Co, Biden emphasized the need to increase purchases. He said: “We need the greatest flexibility. We are always likely to encounter unexpected challenges. Many things can happen, and there may be changes. We have to plan ahead.”
Read MoreYemeni Ansar al-Islam will be removed from the list of “foreign terrorist” organizations on Tuesday (February 16th), US Secretary of State Anthony Blinken said on
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