President Joe Biden has announced the deployment of United States military reinforcements across Europe to bolster security in the eastern flank in the wake of Russia's invasion of Ukraine.
Meeting with NATO Secretary General Jens Stoltenberg in Madrid on the sidelines of the 30-nation alliance's summit, Biden said, "The Untied States will enhance our force posture in Europe and respond to the changing security environment as well as strengthening our collective security".
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.