Will it rewrite its biggest rules? – POLITICO

Press play to listen to this article The EU leaders gathered in Brussels this week artfully dodged the question: Can the EU revise how it makes major decisions? They can’t outrun it forever. Momentum has been building for the EU to change the treaties that govern how it finds agreement on everything from finances to … Read more

Biden Trades Sharp Words With Chevron Chief Over High Gas Prices

WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.” The president in recent weeks has criticized oil … Read more

Hundreds of Ukrainian refugees left homeless after placements with hosts break down

At least 660 Ukrainian families have been left homeless in England after arriving on visas designed to secure them a place to live Following the Russian invasion, official figures have shown. Since the end of February, at least 480 Ukrainian families with children and 180 single adults have applied to councils for help with homelessness. … Read more

Nippon Foundation Establishes Billion-Yen Ukrainian Evacuee Assistance Fund

The Nippon Foundation has established a fund aimed at raising 1 billion to assist Ukrainian people who have evacuated to Japan. Along with providing financial support for daily living, such as scholarships for Japanese language learning, the money will be used to give evacuees opportunities to get to know Japan and become more familiar with … Read more

Rice prices are rising amid rising food inflation, export bans

The spider web rice fields in Flores, Indonesia. The United Nations’ Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the latest May data published last week. Tanutkij Wangsittidej Food prices have been on the rise in the past … Read more

Merkel unplugged and unconvincing – POLITICO

BERLIN — Angela Merkel isn’t mad, she’s just disappointed. She always knew Vladimir was a problem, but this? Barbaric. It’s not Germany’s fault, much less hers. After all, no one could have anticipated this Katastrophe. So unfolded Merkel’s unexpected return to the political stage this week after a six-month hiatus from the public eye. Sitting … Read more

Fintechs delay IPO plans, focus on profitability amid recession fears

Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession causing a shift in how investors view … Read more

Fintechs delay IPO plans, focus on profitability amid recession fears

Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession causing a shift in how investors view … Read more