In a speech at an economic forum, he called the U.S. a fading power and said sanctions on Russia, not the Ukraine war, are hurting Western economies.
What’s on the agenda of this year’s “Russian Davos”? Plus: we speak with the head of the Latin America desk at Reporters Without Borders and give you the latest art and culture news.
In its third public hearing to lay out its findings, the House committee investigating the Jan. 6 attack showed evidence that the president knew his order to the vice president was unlawful.
A.M. Edition for June 16. The European Union signed a natural-gas deal with Israel and Egypt on Wednesday in a bid to wean itself off Russian supplies by tapping into the gas riches of the eastern Mediterranean.
WSJ correspondent Dov Lieber in Tel Aviv explains the significance of the deal for Israel and Egypt, even if the agreement doesn’t allow the EU to make up for losses of Russian gas. Luke Vargas hosts.
Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.
The European Court of Human rights foiled Britain’s plans to send asylum-seekers to Rwanda yesterday by holding that British courts must first find the policy legal. The Taliban have proven surprisingly adept tax collectors, though they will spend much of the funds on defence rather than improving the lives of struggling Afghans. And the world is buying too few electric vehicles to meaningfully reduce carbon emissions.
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
President of the European Commission, Ursula von der Leyen heads to the Middle East. Plus: Boris Johnson’s plan to alter the Northern Ireland protocol, Wikipedia fights a Russian order to remove information on the conflict in Ukraine and are Vienna’s famous horse-drawn carriages under threat?
U.S. stock markets were poised for a modest recovery after a rout that sent the S&P 500 into a bear market, while bitcoin remained under pressure after selling off sharply in recent days.
U.S. Treasury yields have surged to new multiyear highs, reflecting uncertainty over how high the Fed will have to raise interest rates to tame inflation.14 min read
A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.
The agreement, which falls short of the sprawling changes championed by Democrats, is a significant step toward ending a yearslong impasse over gun reform legislation.
