IBT Staff Reporter

Oil prices rose on Tuesday as Europe announced plans to impose new sanctions on Russian oil imports to punish Moscow over alleged war crimes in Ukraine, raising concerns over tighter global supply.

The world's cities are a big driver of planet-warming emissions, but can play a major role in addressing climate change in the near future.

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Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday the yen's recent moves were "somewhat rapid", joining a chorus of policymakers who have warned that sharp falls in the currency could hurt the country's import-reliant economy.

The United States and Europe were planning new sanctions on Tuesday to punish Moscow over civilian killings in Ukraine, and President Volodymyr Zelenskiy warned more deaths were likely to be uncovered in areas seized from Russian invaders.

Moscow faced more Western sanctions on Tuesday in retaliation for civilian killings in northern Ukraine, as President Volodymyr Zelenskiy called for a thorough investigation, saying more dead could be found in areas seized from Russian invaders.

The flow of "bloody money" to Russia must stop, Kyiv's mayor said on Tuesday as the West prepared new sanctions on Moscow after dead civilians were found lining the streets of a Ukrainian town seized from Russian invaders.

The European Union's executive proposed sweeping new sanctions against Russia on Tuesday, including a ban on coal imports, as the West responds to evidence of civilian killings in a Ukrainian town seized from Russian invaders.

Ukrainian President Volodomyr Zelenskiy told the U.N.

Ukrainian President Volodomyr Zelenskiy told the U.N.

Ukrainian President Volodomyr Zelenskiy told the United Nations Security Council on Tuesday that Russia must be held accountable for what he and many Western leaders have called war crimes, as the United States and its allies prepared to expand sanctions.

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There are about 27 million people suffering from hunger in the region and that number could rise to 38 million by June, a 40% increase from last year and a historic high, said 11 international aid organizations in a joint statement.

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Japan's household spending rose for a second consecutive month year-on-year in February, helped by a flattering comparison with last year's sharp pandemic-induced slump but the consumer sector is now facing growing headwinds from soaring prices.

Japan's household spending rose for a second consecutive month year-on-year in February, helped by a flattering comparison with last year's sharp pandemic-induced slump but the consumer sector is now facing growing headwinds from soaring prices.

Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe's largest companies, including BP and Volkswagen, that they could challenge board directors over their accounting of climate risks.

Major British financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a Reuters analysis found.

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North of Kyiv, a ruined town emerges after Russia leaves

Tiger-mania building as Woods practices at Augusta

More weapons, sanctions: US lays out next phase of response against Russia

Hundreds of Ukrainian refugees who fled to Mexico were transferred to a sports center that was converted into a government shelter in the northern city of Tijuana, authorities said on Monday, as they wait to be allowed to cross the border and enter the United States.

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Rodrigo Chaves was an unheralded economist in his native Costa Rica until a series of personal setbacks propelled him into a brief, ill-fated spell in government, then into the race for the presidency, which he won on Sunday.

A 26-year-old man has been arrested in connection with a shooting in Sacramento, California over the weekend that killed six people and injured 12 others a few blocks from the state capitol.

Scientists have observed an enormous planet about nine times the mass of Jupiter at a remarkably early stage of formation - describing it as still in the womb - in a discovery that challenges the current understanding of planetary formation.

The following is a summary of some recent studies on COVID-19.