President Joe Biden has been under fire for inflation that has reached its highest point in 41 years and has squeezed the finances of millions of Americans. He has blamed Vladimir Putin’s invasion of Ukraine and the COVID pandemic for the surge in prices – and now has pointed to inflation being a global issue. … Read more
Treasury Sec. Janet Yellen said Tuesday the US faces ‘unacceptable levels’ of inflation, after last week admitting she was wrong about how long the price hikes would last. ‘We currently face macroeconomic challenges, including unacceptable levels of inflation, as well as the headwinds associated with the disruptions caused by the pandemic’s effect on supply chains, … Read more
Hong Kong CNN – US President Joe Biden is scheduled to meet the leaders of India, Australia and Japan in Tokyo on Tuesday for a summit of the “Quad” nations. The meeting comes at the end of Biden’s first trip to Asia since becoming President, a five-day visit he began in South Korea. The Quad, … Read more
Scenes of a Ukrainian soldier singing the Eurovision-hit song ‘Stefania’ at Mariupol’s Azovstal steel plant have surfaced, even as explosions of Russian bombs exploded overhead. The song, performed by the Ukrainian folk-rap band Kalush, won the Eurovision Grand Final on Saturday night. ‘Stefania’ was written as a tribute to the mother of leading player Ole … Read more
CNN – Flying saucers. Unexplained lights. Hovering objects. UFO sightings have puzzled government officials and witnesses for decades as many seek to answer the question: Are we alone? Well, we may get some answers to that burning question today. A House panel this morning is set to hold an open congressional hearing on UFOs for … Read more
CNN – A Russian merchant ship loaded with grain stolen in Ukraine has been turned away from at least one Mediterranean port and is now in the Syrian port of Latakia, according to shipping sources and Ukrainian officials. CNN has identified the vessel as the bulk carrier Matros Pozynich. On April 27, the ship weighed … Read more
CNN – Finland’s president and prime minister announced their support for joining NATO on Thursday, moving the Nordic nation which shares an 800-mile border with Russia one step closer to membership of the US-led military alliance. The Kremlin has responded by saying the move would be a threat to Russia. The statement of support for … Read more
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN – As Europe tries to stymie Moscow’s war effort in Ukraine by weaning itself off Russia’s oil, Middle Eastern nations appear to be … Read more
Washington CNN – The US announced a slate of new sanctions against Russia on Sunday, cutting off Kremlin-controlled media outlets from American advertisers and prohibiting the country from using US-provided management and accounting consulting services, according to a senior administration official and a White House fact sheet . President Joe Biden and the leaders of … Read more
Lviv, Ukraine CNN – The smell of burnt wire and rubber still lingered in the air around the railway power station on the outskirts of Lviv Wednesday morning, hours after the blaze was extinguished. A group of investigators was collecting debris from the Russian rockets that struck this place the evening before. Now it serves … Read more