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The 30 member countries of the military alliance are expected to take up to two weeks to evaluate the applications.
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The diplomatic moves comes as Russia is reportedly moving its troops away from the Ukrainian capital of Kyiv to resupply.
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The U.S. secretary of state will meet with NATO and G-7 members to talk punitive measures following reports of Russian war crimes against Ukraine.
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The economic restriction, one of several announced in recent weeks, is meant to punish Russian President Vladimir Putin and further hobble Russia's finances as it invades Ukraine.
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A change in public opinion in steadfastly neutral Finland and Sweden has taken place since Russia's invasion of Ukraine.
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We hear from a couple of different groups in South Florida who have links to Ukraine. And their efforts to help those in need on the ground. Plus, a teacher who left the classroom to teach online and create her own curriculum of decolonized history.
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A growing number of world leaders are preparing responses to Russia's invasion of Ukraine that include both sanctions and humanitarian aid.
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This is Harris' highest-stakes foreign trip yet. She will meet some 13 heads of state to discuss the threat posed by Russia, and will speak at the Munich Security Conference.
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After two and a half years in office, the former comedian Volodymur Zelenskyy is watching his once enormous support dissolve as Ukraine faces the threat of a possible invasion by Russia.
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"We're dealing with one of the largest armies in the world," Biden said. "This is a very different situation, and things could go crazy quickly."
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While France is a major player in NATO, President Macron has also been actively pushing for dialogue with Russian President Vladimir Putin. The two are set to meet Monday one-on-one.
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All eyes are now on Vladimir Putin, who will decide how Russia will respond amid fears that Europe could again be plunged into war.