Europe is taking another big step toward cutting its energy ties with Russia, banning imports of diesel fuel and other products made from crude oil in Russian refineries.

The European Union ban takes effect Feb. 5 following its embargo on coal and most oil from Russia. The 27-nation bloc is trying to sever its last uses of Russian energy and stop feeding the Kremlin's war chest as the anniversary of the invasion of Ukraine nears.

France's national rail operator is recommending that passengers stay home Tuesday to avoid strikes over pensions that are expected to cause major transport woes but largely spare high-speed links to Britain, Belgium and the Netherlands.

Labor unions that mobilized massive street protests in an initial salvo of nationwide strikes earlier this month are hoping for similar success Tuesday to maintain pressure on government plans to raise France's retirement age.

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday for the Qatari firm to join a consortium that will search for gas in the Mediterranean Sea off Lebanon's coast.

Britain's finance minister on Friday dismissed "gloom" over its recession-threatened economy and vowed to tap into Brexit opportunities and tackle rampant inflation to boost growth during a cost-of-living crisis.

Global shares advanced Friday, tracking a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared.

France's CAC 40 gained 0.2% to 7,107.44. Germany's DAX was unchanged at 15,134.04, while Britain's FTSE 100 rose nearly 0.2% to 7,773.10. The future for the Dow Jones Industrial Average was 0.1% lower and that for the S&P 500 futures fell 0.3%.

For the second time this month, House Republicans are seeking to restrict presidential use of the nation's emergency oil stockpile — a proposal that has already drawn a White House veto threat.

A GOP bill set for a vote Friday would require the government to offset any non-emergency withdrawals from the Strategic Petroleum Reserve with new drilling on public lands and oceans. Republicans accuse President Joe Biden of abusing the reserve for political reasons to keep gas prices low, while Biden says tapping the reserve was needed last year in response to a ban on Russian oil imports following President Vladimir Putin's invasion of Ukraine.

Lebanon, which is in a deep economic, social and political crisis, is also witnessing a major showdown between a judge investigating a devastating explosion and the country's top prosecutor.

Here is a recap of events since protests erupted in October 2019:

Lebanon's central bank said Thursday it has frozen the accounts of a foreign exchange trader and his sons, after the U.S. sanctioned them this week over links to Hezbollah.

The central bank "took a decision to freeze all the accounts" of Hassan Moukalled as well as those of his sons Rayyan and Rani and two businesses that he owns, it said in a statement.

Thousands of workers in Cyprus, including government employees, teachers and builders walked off the job Thursday for an island-wide, three-hour work stoppage to protest what they claim is employers' backpedaling on a deal for inflation-linked pay increases.

Some 14 trade unions representing a diverse range of workers from bus drivers to airport staff responded to a call by union bosses to stage the brief strike as a warning to employers and government mediators that they won't accept any rollbacks on what they say they're lawfully entitled to.

The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.

Thursday's estimate from the Commerce Department showed that the nation's gross domestic product — the broadest gauge of economic output — decelerated last quarter from the 3.2% annual growth rate it had posted from July through September. Most economists think the economy will slow further in the current quarter and slide into at least a mild recession by midyear.