Ukrainian President Volodymyr Zelensky—who has benefited from Hollywood adulation that included made-for-the-camera visits by Ben Stiller, Sean Penn, and Orlando Bloom—admitted last week that the long-anticipated counteroffensive is faltering and reminded reporters the war is not a Hollywood movie.
Volodymyr Zelensky, the Ukrainian president, said last week that the U.S. will be faced with two bleak choices if Kyiv loses the war with Russia.
Still optimistic that there will eventually be a country to reconstruct, the U.S. announced last week that it will provide Ukraine with another $1.3 billion for its post-war rebuilding effort, while insisting that ultimately Russia will be handed the bill.
The benchmark price of natural gas in Europe more than doubled in ten trading days this month, jumping 27 percent on 15 June alone.
On 15 June, as economists expected, the European Central Bank raised its deposit rate by a quarter point to 3.5 percent, its highest in two decades.
Over the next five years, global demand for oil will virtually stop growing, the International Energy Agency (IEA) has predicted, as electric vehicles (EVs), biofuels, and energy efficiency permeate the energy economy.
As equity markets rise and with the “good news” that inflation is falling, on the employment front, the firing binge continues…
More Americans support a woman's right to choose than ever before, with 69 percent saying they agree that abortion “should generally be legal in the first three months of pregnancy,” according to a newly released Gallup poll.
A money manager acting on behalf of Rafael Bostic, president of the Federal Reserve Bank of Atlanta, bought and sold shares in 19 exchange-traded funds on May 2 this year, a date that fell within the Fed’s “blackout period” during which Fed officials are forbidden to make trades.
Small and regional U.S. banks have survived the collapse of Signature and Silicon Valley banks and their stock values have largely stabilized—only to face a future of tighter regulations, lower stock values, and demands from depositors for higher interest rates, Wall Street Journal analyst James Mackintosh wrote in a 14 June essay.