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

Steve Bannon surrenders to authorities and is expected to face New York State charges related to the border wall fundraising effort

CNN — Steve Bannon turned himself in to authorities on Thursday morning and is expected to face New York State Fees linked to an effort to raise money to finance the construction of a wall along the southern border of the United States. Former Donald Trump aide is expected to plead not guilty on Thursday … Read more

US Secretary of State Antony Blinken makes unannounced trip to Ukraine

CNN — Secretary of State Antony Blinken visited unannounced Ukraine Thursday – making his second visit to the country’s capital since the start of the war with Russia more than six months ago. While in Kyiv, Blinken met Ukrainian Foreign Minister Dmytro Kuleba and visited a children’s hospital. His trip comes as Ukraine has launched … Read more

Chicago bus: First bus carrying migrants from Texas-Mexico border arrives in Illinois, officials say

CNN — The State of Texas, which for several months has thousands of buses of newly arrived migrants at the US-Mexico border to New York and Washington, DC, has defined a new metropolitan area as destination: Chicago. Undocumented migrants on a charter bus from Texas arrived in Chicago on Wednesday evening, according to the office … Read more

West Point displays Ku Klux Klan plaque at entrance to Science Building, congressional naming commission says

CNN — West Point, the United States Military Academy, has a plaque with the name Ku Klux Klan writing and a hooded figure displayed at the entrance to Bartlett Hall, the science center on the campus of the military academy, according to a new report from the Congress Naming Commission. The Commission, which was created … Read more

South Carolina House proposes near-total ban on abortion with new limited exceptions for rape and incest

CNN — The South Carolina House of Representatives moved forward on Tuesday legislation it would ban nearly all abortions at all stages of pregnancy, after adding a last-minute amendment that includes exceptions for certain cases of rape and incest. The amendment, which adds an exception for rape and incest up to 12 weeks after conception … 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

Mississippi governor declares state of emergency amid massive flooding

CNN — Mississippi Governor Tate Reeves declared a state of emergency On Saturday, as weather and emergency management officials now anticipate the Pearl River Ridge in Jackson on Monday – about 24 hours earlier than originally expected – after record rainfall this week. “If the forecast proves accurate, the Pearl River is expected to crest … Read more

Pennsylvania gubernatorial candidate Mastriano posed in Confederate uniform at the Army War College

Washington CNN — Doug Mastriano, the Republican candidate for governor in Pennsylvania, posing in a Confederate military uniform in a 2013-2014 faculty photo at the Army War College, a photo obtained by Reuters shows. Teachers at the school, where Mastriano worked at the time, were given the choice of dressing as historical figures, people familiar … Read more

Biden’s student loan relief plan will primarily help working-class and middle-class borrowers, report says

CNN — of President Joe Biden student loan debt relief plan should primarily help working-class and middle-class borrowers, according to an updated report from an influential research group. That’s a change from his earlier projection that more high-income borrowers would get basic loan forgiveness. About 75% of the profits will go to households earning $88,000 … Read more