Breaking News: Politics

Spanish economist picked to lead the EU’s massive lending unit lays out her priorities

The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order…

U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire

Palestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire…

‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says

Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…

Biden to host Zelenskyy at the White House; Ukraine may need to ‘cede’ territory, U.S. senator says

This was CNBC’s live blog tracking developments on the war in Ukraine. U.S. President Joe Biden is set to host…

Trump writes on social media he no longer plans to testify in civil fraud trial on Monday

Former President Donald Trump wrote in a social media post on Sunday that he won’t testify in his $250 million…

Zelenskyy will meet Biden at the White House amid a stepped-up push for Congress to approve more aid

President Joe Biden and Ukraine’s leader, Volodymyr Zelenskyy, will meet at the White House on Tuesday as the U.S. administration…

Argentine President Milei warns economic shock unavoidable in maiden speech

Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to…

UPenn President Liz Magill, board chair both resign following backlash over congressional antisemitism testimony

University of Pennsylvania President Liz Magill resigned on Saturday after receiving criticism for her testimony at a congressional hearing on…

U.S. government uses emergency authority to provide tank shells to Israel

The Biden administration has used an emergency authority to allow the sale of about 14,000 tank shells to Israel without…

Ukraine aid in growing jeopardy as Republicans double down on their demands for border security

A deal to provide further U.S. assistance to Ukraine by year-end appears to be increasingly out of reach for President…