Interest rates: European Central Bank sets record hike to fight inflation

Interest rates: European Central Bank sets record hike to fight inflation

London CNN Business — The European Central Bank is hiking interest rates by a record three-quarters of a percentage point as it scrambles to contain the inflationary fallout from Russia’s invasion of Ukraine and the ensuing energy crisis. The move will take the benchmark rate for the 19 countries using the euro to 0.75%. It … Read more

John Sullivan: US ambassador to Russia leaves Moscow, will retire

John Sullivan: US ambassador to Russia leaves Moscow, will retire

CNN — John Sullivan, the United States’ ambassador to Russia, has left his post and will withdraw, the US Embassy announced Sunday. Sullivan departs amid a period of heightened tensions between the US and Russia not seen in decades. He leaves after nearly three years as ambassador in Moscow, where he overlooks the embassy as … Read more

What to watch for at Thursday’s hearing over documents seized at Mar-a-Lago

What to watch for at Thursday’s hearing over documents seized at Mar-a-Lago

West Palm Beach, Florida CNN — After an explosive short brief and picture of classified documents from Mar-a-Lago earlier this week, the Justice Department will argue in court Thursday against a request by former President Donald Trump that a so-called special master be appointed in to review the evidence the FBI seized at his Florida … Read more

Darya Dugina: Russian Security Service claims Ukrainian agent behind killing

Darya Dugina: Russian Security Service claims Ukrainian agent behind killing

CNN — Russia has blamed Ukrainian special services for the murder of Darya Dugina, a Russian political commentator and the daughter of prominent ultranationalist ideologue Alexander Dugin, according to Russian state news agency TASS. “The murder of journalist Darya Dugina has been solved, it was prepared by the Ukrainian special services, by a citizen of … Read more

House Democratic chairs request DNI damage assessment and briefing of documents seized from Mar-a-Lago

House Democratic chairs request DNI damage assessment and briefing of documents seized from Mar-a-Lago

Washington CNN — The Democratic chairs of the House Intelligence and Oversight Committees have asked federal intelligence leadership for a congressional briefing and for a damage assessment after the FBI seized 11 sets of classified documents at former President Donald Trump’s Mar-a-Lago home earlier this week. House Intelligence Committee Chairman Adam Schiff and House Oversight … Read more

Microsoft says Russia has stepped up cyber espionage against the US and Ukraine allies

Microsoft says Russia has stepped up cyber espionage against the US and Ukraine allies

Washington CNN — Russian intelligence agencies have increased their efforts to hack US and allied government computer networks to gather intelligence since the war in Ukraine began, Microsoft said in new findings published Wednesday. American organizations were the top target of the Russian hacking attempts outside of Ukraine, according to Microsoft, but the alleged Russian … Read more

Shangri-La Dialogue: US and Chinese defense ministers begin meeting in Singapore

Shangri-La Dialogue: US and Chinese defense ministers begin meeting in Singapore

Singapore CNN — US Defense Secretary Lloyd Austin and Chinese Minister of National Defense Gen. Wei Fenghe held their first face-to-face meeting on Friday at a major defense summit in Singapore. The meeting at the Shangri-la Dialogue took place during Austin’s fourth trip to the Indo-Pacific region after a formal request from China’s military leadership. … Read more

The latest in the investigations and lawsuits involving Donald Trump, his company and the 2020 election

The latest in the investigations and lawsuits involving Donald Trump, his company and the 2020 election

Washington CNN — The volume of investigations involving former President Donald Trump, the January 6 attack on the US Capitol, efforts to overturn the 2020 presidential election and the finances of the Trump Organization is staggering. Here’s an updated list of notable investigations and lawsuits and latest developments: Public hearings will begin on June 9 … Read more