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EU reveals total spent on Ukraine

The European Union has spent €195 billion on Ukraine since the escalation of its conflict with Russia four years ago, according to the bloc’s foreign policy chief, Kaja Kallas. She revealed the updated figure amid growing unease and divisions among member states about Brussels’ continuing military and financial aid …

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There's another energy market that may get hit harder than oil by Strait of Hormuz closure

Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait's closure may be more extreme for the liquefied natural gas market. That's in part because it's more difficult to move than crude oil and LNG production is more concentrated.

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AI startup’s CEO threatened to call ex-NYC Mayor Eric Adams after getting fired over alleged fraudulent stock sales: court docs

A deep-pocketed AI startup whose clients include New York City’s MTA and the Los Angeles Metro has filed a lawsuit accusing its ex-CEO of forging documents to secretly sell his shares in the company – and then scooping up a waterfront home in Florida and a fleet of luxury sports cars.

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MAnalysis by Michael Janda

Michael Janda is the ABC News Business Editor. He was the ABC’s first Business and Finance Cadet in 2008, and has since worked reporting on finance, business and economics across online, radio and TV, before becoming the inaugural Digital Lead for the Business Reporting Team. Michael’s time at the ABC has also inclu…

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Kim Jong-un projects 'socialist family' ideals in Women's Day attendance with 'beloved daughter'

Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…

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