Welcome back. Maia Sandu, the pro-western president of Moldova, accused Russia this week of plotting to overthrow her country’s democratic institutions. It’s time to pay more attention to Moldova — and to recognise that not every problem in this precarious, politically splintered state on Ukraine’s south-western border is connected directly to Russia’s war next door.
News
US stocks slid on Friday as the recent run of robust economic data and hawkish comments from central bank officials fanned concerns that the Federal Reserve will keep interest rates high for a prolonged period to combat inflation. The blue-chip S&P 500 lost 0.8 per cent, while the tech-heavy Nasdaq shed 1.2 per cent. Those
The dollar climbed and US stocks slipped on Wednesday following stronger than expected retail sales figures, the latest in a string of economic data that has fuelled investor bets that the Federal Reserve will have to raise interest rates further to curb inflation. Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite both opened
President Joe Biden is set to name Lael Brainard, vice-chair of the US Federal Reserve, to be his top economic adviser, bringing the central bank’s second-in-command to the White House to serve as one of Washington’s top financial policymakers. Brainard will become the next director of the National Economic Council, the main White House job
China has accused the US of repeatedly flying surveillance balloons into its airspace, allegations Washington immediately denied, as tensions between the two nations reached a new high. Beijing’s accusations came after the US shot down what it said was a Chinese spy balloon off the coast of South Carolina this month and subsequently downed three
Ukraine has pleaded with its allies for ammunition and artillery “immediately”, warning it is running short of stocks to defend against a new Russian offensive that Kyiv fears is imminent. The demand, by deputy prime minister Olha Stefanishyna, came on a day when Moscow launched ballistic missiles against Ukraine’s infrastructure. It also followed a tour