According to official figures released Wednesday, rising fuel prices from the Ukraine conflict propelled US wholesale inflation up substantially in March, increasing the year-over-year increase to 11.2 percent. That was the biggest annual increase since the Labor Department reformulated the producer price index (PPI) in November 2010, and follows three months of wholesale inflation over … Read more
The Bank of Canada hiked its key lending rate from 0.5 percent to 1% on Wednesday to combat increasing inflation, which is now expected to reach over 6% in the first half of the year. “The world’s attitude towards China and its willingness to embrace further economic integration may well be affected by China’s reaction … Read more
According to Israeli officials, two people were killed and more than a dozen others were injured in a shooting at a bar in a busy district of Tel Aviv late Thursday. According to a statement released by Israel’s General Security Service on Friday morning, the accused gunman was killed by security personnel after a manhunt. … Read more
A group of small company owners in Kyiv are busy working hard for their country. There is a war brewing around them, and whenever the warning sirens in Kiev sound, they are reminded of how close they are to danger. They describe it as a startling sound, but they push through their fear and anxiety … Read more
Volodymyr Zelensky, the president of Ukraine, said he couldn’t say for sure whether chemical weapons were used in the besieged city of Mariupol. “We take with great attention yesterday’s reports on the use of munitions with a poisonous substance in Mariupol against the defenders of the city. It is not yet possible to draw 100% … Read more
“Consular services are not available for security reasons until the end of this week,” The Iranian embassy said Iran’s embassy in Kabul has been closed following protests in the Afghan capital over alleged abuse of Afghan migrants. The Iranian consulate general in Mazar-i-Sharif, Afghanistan’s northernmost city, also released a statement on Tuesday, stating that its … Read more
According to UNICEF, nearly two-thirds of all Ukrainian children have been left homeless since the Russian invasion began. They have been forced to leave everything behind: their homes, their schools and often their family members,” Manuel Fontaine, emergency programs director for the United Nations children’s agency, told the U.N. Security Council on Monday. The figure … Read more
The White House has released some details about Joe Biden’s scheduled speech in Iowa, where he will speak about steps to tackle skyrocketing inflation and lower gas prices at the pump at a bioprocessing company in rural Menlo later today. “The administration’s strategy to spur the development of homegrown biofuels is critical to expanding Americans’ … Read more
Residents of Shanghai who have been restricted to their houses for two weeks have initiated little “riots” to express their anger with China’s rigorous “COVID-zero” policy. Since March 28, the city has been under lockdown, and people have reported being unable to get basic supplies due to supermarket closures and delivery restrictions. However, images of … Read more
Ayatollah Ali Khamenei, Iran’s supreme leader, said Tuesday that talks to restore the 2015 nuclear deal were progressing, but cautioned authorities not to put all their eggs in the Vienna talks. “Work is progressing well in the negotiations,” Khamenei told Iranian officials including President Ebrahim Raisi. “Do not stop your work to wait for … Read more
“The number one target is all of us’-First Lady Olena Zelenska warns no one in Ukraine is safe from Russian forces. When Russian troops invaded Ukraine, President Volodymyr Zelensky and First Lady Olena Zelenska refused to escape or give in, opting instead for defiance in the face of invasion, as did many of their countrymen … Read more
At least 25 people were killed in landslides and floods triggered by tropical storm Megi when it reached the Philippines’ eastern and southern coasts on Monday, according to Philippine authorities. The storm, dubbed Agaton in the Philippines, made landfall on Sunday with sustained winds of up to 65 kilometers per hour and gusts of … Read more
According to federal figures released Tuesday, Americans spent more for fuel, food, and other necessities last month, despite an ongoing wave of record inflation exacerbated by Russia’s invasion of Ukraine. The consumer price index (CPI) from the Labor Department increased by 8.5 percent in the year to March, a rate not seen since December 1981, … Read more
Multiple people shot and ‘several undetonated devices’ were found at New York Subway Station as police search for suspect who fled scene, authorities say. Thirteen people were injured following a shooting on a subway platform in New York City on Tuesday morning, authorities said, adding that “several undetonated devices” were found. Police later said none … Read more
According to World Bank President David Malpass, Russia’s assault on Ukraine has kicked off a chain reaction in the global economy, raising energy and food prices, compounding debt issues, and potentially worsening poverty and famine. In the face of these “overlapping crises,” the head of the development bank encouraged advanced countries to maintain markets … Read more
After footage allegedly showing migrants being beaten went viral over the weekend, dozens of Afghans marched on Tuesday in Kabul against Iranian “atrocities.” Tehran announced the closure until further notice of its Afghan missions “in order to obtain necessary assurances guaranteeing total security”, its foreign ministry said. Iran has hosted millions of Afghan refugees for … Read more
On Tuesday, Indonesia’s parliament enacted a long-awaited bill to combat sexual violence. The bill aims to provide a legal framework for victims to seek justice in a country where sexual abuse is generally treated as a private affair. After six years of deliberation, a majority of legislators in parliament voted in favor of the bill, … Read more
Chancellor Karl Nehammer said he brought up alleged Russian war crimes in Ukraine at a “tough” and unpleasant discussion with Russian President Vladimir Putin on Monday — the first Western engagement with Putin since his invasion began in February. “This is not a friendly visit. I have just come from Ukraine and have seen with my … Read more
