Turkey’s central bank sharply raised interest rates on Thursday, the clearest sign yet that President Recep Tayyip Erdogan is shifting his country toward more orthodox economic policies in the hope of taming a painful cost-of-living crisis....
In its early phases, Ukraine’s counteroffensive is having less success and Russian forces are showing more competence than western assessments expected, two western officials and a senior US military official tell CNN.
Same here, Russia has been digging in for months now. This war is starting to resemble WW1 in a lot of ways where offensives are almost prohibitively expensive in lives and equipment.
It's a huge problem, there's so much more economic and political inertia behind fossil fuels than most people thought existed. Looks like the only way to really balance industry with rapid change is for governments to intervene and to incrementally make fossil fuels unprofitable and then to allow the market to adjust on its own.
Problem is, that adjustment will take time - and we are quickly running out of time.
In Turkey, Erdogan Signals Shift to Conventional Economics (www.nytimes.com)
Turkey’s central bank sharply raised interest rates on Thursday, the clearest sign yet that President Recep Tayyip Erdogan is shifting his country toward more orthodox economic policies in the hope of taming a painful cost-of-living crisis....
Modi State Visit: Modi and Biden Meet in India to Strengthen India-U.S. Relations (www.nytimes.com)
Biden welcomes India’s prime minister despite concerns over human rights....
Early stages of Ukrainian counteroffensive ‘not meeting expectations,’ Western officials tell CNN (www.cnn.com)
In its early phases, Ukraine’s counteroffensive is having less success and Russian forces are showing more competence than western assessments expected, two western officials and a senior US military official tell CNN.
Palestine is at risk of ‘full annexation’, UN commissioners warn (www.irishtimes.com)
Report accuses Israel of ‘silencing civil society’ by outlawing human rights groups
Allies pledge billions for Ukraine rebuilding and seek big-business investment at London conference (apnews.com)
UN chief says fossil fuels are "incompatible with human survival" as world breaks temperature records (www.techspot.com)