The UN Security Council voted on a resolution regarding the conflict between Russia and Ukraine, with the U.S. aligning with Russia. European allies are divided over the war, with some nations pledging increased support for Ukraine. Ukrainian officials hope for continued U.S. aid and potential economic partnerships. Despite talks of peace negotiations, Ukraine remains firm on reclaiming all its territory. The situation is compared to other conflicts with unresolved territorial disputes.
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US banks announce big shareholder payouts as Fed eases stress tests
Wall Street's major banks, including JPMorgan and Goldman Sachs, announced significant shareholder payouts after passing relaxed regulatory stress tests, reflecting a less stringent banking environment post-2008 financial crisis. JPMorgan plans a $50 billion share buyback and increases its dividend to $1.50 per share, while Goldman raises its dividend by 33% to $4, marking a shift towards increased capital returns to shareholders. Explain It To Me Like I'm 5: Big banks are giving more money to...
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