News
Hard Numbers: BoE warns of recession, Joseph Stalin arrested, cops charged in Breonna Taylor death, Kenyan women lawmakers targeted
Plastic letters arranged to read "Inflation" are placed on British Pound banknote
Reuters
27: The Bank of England raised interest rates by 50 basis points on Thursday, its biggest hike in 27 years, and the bank warned that inflation will likely peak at a staggering 13.3% this fall with a drawn-out recession being all but inevitable.
50: Sri Lankan authorities are cracking down hard on protesters demonstrating against the country’s recent economic collapse. Joseph Stalin, a protest leader, was arrested this week for participating in a demonstration in May that marked 50 days since the launch of the mass protest movement, referred to as “the struggle.”
4: Four people – three US police officers and one former officer – have been charged with the 2020 death of Breonna Taylor at her apartment in Louisville, Kentucky. Taylor’s death sparked mass protests over the use of no-knock warrants by law enforcement and broader racial injustice.
12: When Kenyans head to the polls on Sunday to elect a new parliament and president, less than 12% of candidates they have to choose from will be women. Female candidates are facing a flood of online abuse ahead of the vote. In 2018, Kenyan politicians boycotted a parliamentary vote that would have guaranteed women one third of all parliamentary seats.Think you know what's going on around the world? Here's your chance to prove it.
US-Iran negotiations remain on a knife-edge, with Trump claiming a deal is "largely negotiated" even as military skirmishes in the Strait of Hormuz and Israel's strikes on Hezbollah-controlled Lebanon continue to complicate talks.
The Texas senator's hefty loss yesterday to Texas Attorney General Ken Paxton (whom US President Donald Trump endorsed) in the Senate runoff yesterday will be a costly one for the Republican Party.