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

London CNN Business — The European Central Bank raised interest rates by a record three-quarters of a percentage point on Thursday and promised more action to come as it struggles to contain the inflationary fallout of the invasion of Ukraine by Russia and the ensuing energy crisis. This decision will bring the reference rate of … Read more

Greenland ice loss expected to raise global sea levels by nearly a foot, new research finds

CNN — Widespread ice loss from Greenland blocked nearly a foot of global sea level rise it should happen in the near future – and new research suggests there’s no way to stop it, even if the world stopped releasing global warming emissions today. The study, published Monday in the journal Nature Climate Change, found … Read more

Libya, Tripoli suffers the worst fighting in years. Here’s what you need to know about the crisis

The worst fighting in Libya for two years suddenly hit the capital, Tripoli, on Saturday. It explains what led to the violence, why it matters, and how things can unfold. Libya’s fault lines surfaced as local groups took different positions during the 2011 NATO-backed uprising that toppled Muammar Gaddafi. An attempted democratic transition has spiraled … Read more

This closely watched measure of inflation showed some cooling in July

Minneapolis CNN Business — The Federal Reserve’s favorite inflation gauge showed prices took a breather last month as fuel costs continued to fall from record highs. The personal consumption expenditure price index rose 6.3% for the year to July, down from 40-year high of 6.8% recorded in June, according to data published by the Bureau … Read more

Zaporizhzhia nuclear power plant disconnects from power grid after nearby fires

Kyiv, Ukraine CNN — Ukraine Zaporizhzhia nuclear power plantwhich is held by Russian forces, was completely disconnected from the power grid for the first time in its history on Thursday, according to the country’s nuclear operator. The complex was disconnected on Thursday due to fires in nearby ash pits, causing the last remaining power line … Read more

Syria: US soldier injured after rockets hit coalition bases, US official says

Washington CNN — Several rockets were fired at coalition bases in Syria on Wednesday, wounding a US service member, according to a statement from US Central Command, in apparent response to American airstrikes against Iranian-backed groups in the region. The rockets hit two bases in the northeast Syria which house US troops, Green Village and … Read more

Iran nuclear deal: US confirms sending response to EU on proposal to save deal

CNN — The United States has sent its response to the European Union on a proposal to try to save the Iran nuclear dealthe US State Department confirmed on Wednesday. “As you know, we have received Iran’s comments on the final text proposed by the EU through the EU. Our review of these comments is … Read more

Americans urged to leave Ukraine amid fears of further Russian attacks

CNN — The US government urges Americans to Ukraine leave the country immediately, warning that Russia intensifies its efforts to launch attacks against civilian infrastructure and government installations ahead of Ukraine’s Independence Day. Wednesday anniversary – which commemorates 31 years since Ukraine severed ties with the Soviet Union – also marks six months since Russia’s … Read more

Overlapping emergencies are straining the country’s public health workforce and threatening critical vaccination campaigns

CNN — This fall, the health of the nation will largely depend on vaccines. Health officials are banking on vaccinations to contain monkeypox and poliomyelitis before they become permanent threats in the United States. They rely on updated boosters to restore waning immunity to Covid-19. With the flu expected to return to the United States … Read more

Zaporizhzhia: Interior of Ukrainian power plant raises specter of nuclear disaster in Europe

Kyiv, Ukraine CNN — Every day, Olga is transported by bus from her home in the Russian-occupied town of Enerhodar on the banks of the Dnipro River in southeastern Ukraine to the nearby town Zaporizhzhia nuclear power plant where she works. The plant, the largest such nuclear complex in Europe, is at the center of … Read more