Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its battle against inflation.
The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. But it has faced divisions over trade, climate change, and the war in Ukraine.
The Balkans have long been a source of tension between Russia and the West, with Moscow cultivating allies there as the EU and NATO expand into the region. The war in Ukraine could be shifting the calculus.
Israel’s forces have moved to control the northern Gaza Strip but face challenges in tracking Hamas fighters into tunnels. Meanwhile, the costs for Palestinian civilians are intensifying pressure on Israeli leaders.