Norway's government late Tuesday intervened to bring an end to an oil and gas strike that threatened to exacerbate the region's deepening energy crisis.
Germany is no longer exporting more than what it buys from other countries, highlighting the strains that the nation and other European economies are facing from surging energy and food prices.
The governor of the Bank of England said Tuesday that the global economic outlook has "deteriorated materially" and warned of possible further shocks to come.
Finland and Sweden got one step closer to becoming full members of NATO on Tuesday, in what's been the fastest accession process in the defense alliance's history so far.
The G-7's pursuit of a price ceiling on Russian oil is not without its challenges, with energy analysts highly skeptical about the integrity of the proposal.
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