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Merkel backs successor's European reform ideas

German Chancellor Angela Merkel on Monday backed key European reform ideas from her presumptive heir, including a single EU seat in the UN Security Council and a joint aircraft carrier. Merkel was asked about an essay by her anointed successor, CDU party chief Annegret Kramp-Karrenbauer,...

US sanctions Russia-based bank over Venezuela dealings

The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the sanctioned state oil company PDVSA. The sanctions targeted Moscow-based Evrofinance Mosnarbank, which when founded in...