KYIV/MOSCOW – A large-scale prisoner exchange between Russia and Ukraine, involving hundreds of individuals from both sides, is actively underway, marking a significant, albeit fragile, moment of cooperation amidst intensifying hostilities. This swap, which saw a phase on Friday and continued Saturday with 307 individuals returned to each nation, is part of a broader “1,000-for-1,000” exchange […]
Washington, DC – Federal Reserve Chair Jerome Powell, following the latest Federal Open Market Committee (FOMC) meeting, expressed heightened concerns about the U.S. economic outlook, citing increased risks of both rising inflation and potential increases in unemployment. These concerns have increased discussion of the possibility of stagflation. Powell emphasized that the Federal Reserve will closely […]
PAHALGAM, INDIA/ISLAMABAD, PAKISTAN – India launched a series of missile strikes into Pakistan-controlled territory early Wednesday, sharply escalating tensions between the nuclear-armed neighbors following a deadly attack on tourists. Pakistan has strongly condemned the strikes as an “act of war” and vowed a “befitting reply,” raising fears of a broader conflict.