Money & Finance

The United States plans to seek Russia's suspension from the UN Human Rights Council, citing increasing evidence of war crimes committed by Russian forces in Ukraine, particularly in the town of Bucha near Kyiv.

The World Health Organization reports that nearly all global populations breathe air exceeding safety standards, with dangerous particles penetrating lungs and bloodstreams, causing millions of preventable deaths annually.

Lithuania becomes the first EU nation to completely halt Russian gas imports, marking a significant step towards energy independence and reducing dependence on Moscow's energy resources in response to the ongoing war in Ukraine.

Roscosmos head Dmitry Rogozin warns that Western sanctions could imperil the International Space Station's future. The agency is preparing a report on international cooperation after missing deadlines for lifting sanctions on Russian space enterprises.

European inflation surged to a record 7.5% in March, marking the highest level since 1997. Driven by soaring energy and food prices linked to Russia's Ukraine invasion, the economic pressure is squeezing consumers and forcing central banks to consider interest rate hikes.

[Despite efforts to reduce emissions, Rhode Island saw an 8.2% increase in greenhouse gases, primarily from transportation and electricity sectors, potentially missing its 2020 climate goal.]

Poland announces plan to end Russian oil imports by year's end, while Germany warns about gas levels. The European Union seeks to reduce reliance on Russian energy supplies amid ongoing tensions from the Ukraine conflict.

The United States is calling for tougher UN sanctions following North Korea's test of its largest intercontinental ballistic missile. Kim Jong Un claims the launch is part of expanding his country's "nuclear war deterrent" and preparing for a long-term confrontation with the US. Analysts suggest the missile tests aim to pressure the US into recognizing North Korea as a nuclear power.

The Ukraine war is pushing Western Europe closer to the United States, with President Biden offering to help Europe reduce its 40% reliance on Russian natural gas. This move addresses a critical economic and geopolitical challenge stemming from years of European energy dependence on Russia.

The United States and European Union have signed a breakthrough data transfer deal, resolving long-standing privacy concerns. President Biden and European Commission President Ursula von der Leyen announced the agreement in Brussels, providing relief for thousands of companies struggling with data privacy regulations.