Least worst choices

By Jeffrey Halley  The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% Wednesday morning, with Governor Orr setting a hawkish tone in the press conference afterwards. In the

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UK inflation hits 40-year high

By Craig Erlam European equity markets were a little flat on Wednesday, with inflation data in the morning once again offering a reminder of the struggles that lie ahead. There are also

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Will Europe go dark for Ukraine

As the attack on Ukraine becomes entrenched, European politicians are finding it harder to sing from the greatest hits song sheet of sanctions against Russia. Going for the oligarchs was the easy

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Shock and awe of energy war

Ukraine’s decision on 11 May to stop some Russian gas flows to Europe has sent shivers down the markets. This happened at an entry point on Ukraine’s eastern border called Sokhranovka, which

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Most Cypriots don’t blame Russia

Cyprus is the only country in the European Union where a majority disagrees that Russia is responsible for the conflict in Ukraine, while over half of Cypriots do not support sanctions against

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