The Federal Reserve may have no choice but to wage a relentless inflation fight, but countries rich and poor are feeling the pain of plunging currencies.
The estimate by the nonpartisan Congressional Budget Office gauged the cost over 30 years, though the bulk of the effects to the economy would be felt over the next decade.
Her nationalist party was the top vote-getter, leaving Ms. Meloni poised to be Italy’s first female prime minister and the first with post-Fascist roots.
The Russian president has rejected requests from commanders in the field that they be allowed to retreat from Kherson, a vital city in Ukraine’s south.
Villagers, activists and some elected officials asked why the conscription drive seemed to be hitting poor, remote areas hardest, while pro-war hawks criticized it as chaotic.
As Vladimir Putin’s “special military operation” enters a new chapter, Russians are being plucked from villages around the country for training and military service.
The lawsuit filed by New York’s attorney general is the latest indication of how an array of investigations is affecting the former president’s business and personal wealth.
A federal judge had temporarily barred the department from using the records marked as classified in its inquiry into whether the former president illegally retained national defense documents.
The Russian leader announced a call-up of troops and hinted at using nuclear weapons, accusing the West of trying to “destroy our country” and vowing that Russia would defend itself.
Kremlin-backed officials in four partially occupied regions announced referendums on joining Russia, as Moscow tightens its grip and hints at escalation.
Presidents Recep Tayyip Erdogan of Turkey and Emmanuel Macron of France used the gathering as a stage to cast themselves as would-be peacemakers in the war in Ukraine.
More than 100 world leaders, including President Biden, attended the funeral for Queen Elizabeth II, and Britons lined the streets for a procession that took her to her final resting place at Windsor Castle.
A powerful Russian missile hit 300 yards from the plant far from the front lines, Ukraine said, a reminder that despite its recent retreat, Russia can still threaten nuclear sites.
Violent loss is even more devastating when the dead are disposed of without identification. When Russians pull out in Ukraine, they leave a trail of anonymous death.
President Biden wants to avoid provoking Russia at a moment when American officials fear Vladimir V. Putin could escalate the war to compensate for recent losses.
In one small town in the Donbas region, everything suddenly fell apart. It was part of Vladimir Putin’s grand plan, and it helped lay the groundwork for the invasion of Ukraine. Now things are heating up again.
News, Views and Reviews For The Intellectually Curious