Lagarde says US plan to raise debt against Russian assets carries legal risk
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U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.The New York Times - Top stories - Ukraine -
G7 leaders to discuss €30bn loan for Ukraine using Russian assets
Finance ministers will debate legality of using €270bn in frozen state assets as collateral for loan. Divisions over whether Ukraine can lawfully be handed an extra €30bn (£26bn) loan drawn from €270bn in seized Russian state assets are likely to ...The Guardian - World - Ukraine -
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High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
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Russia-Ukraine war live: Ukraine ‘urgently’ needs more air defences against ‘rain of Russian missiles’, says German minister
Annalena Baerbock says situation in Ukraine has ‘dramatically deteriorated’ as Volodymyr Zelenskiy calls for Nato states to help intercept Russian missiles. A 77-year-old Russian physicist has been sentenced to 14 years in a penal colony for ...The Guardian - World - Ukraine -
CoreWeave Raises $7.5 Billion in Debt for AI Computing Push
The deal is one of the largest-ever private debt financings.The Wall Street Journal - Tech -
Tucker Carlson: Program airing on Russian state TV 'without legal permission'
Conservative pundit Tucker Carlson's media company says a Russian state television agency that is airing portions of his show is doing so without legal permission. Newsweek initially reported on Tuesday that Carlson was launching his show on ...The Hill - Politics - Russia -
Does Legalizing Cannabis Increase Adolescent Use?
Contrary to expectation, a major study found that weed use among minors was lower in states where the drug was legal.The New York Times - Health -
US says cyberattacks against water supplies are rising, and utilities need to do more to stop them
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severeABC News - Tech -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
Some vacationers expect to carry summer travel debt, report finds. Here's how to avoid that
Americans are looking forward to traveling this summer, but some won't pay off their credit cards. Here's how to lower costs and avoid summertime debt.CNBC - Business -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
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An ultimatum raises pressure on Netanyahu to make postwar plans for Gaza
Pressure is coming from his own War Cabinet and his country’s closest ally.ABC News - World -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Helicopter carrying Iran's president suffers a 'hard landing,' state TV says
The incident happened near Jolfa, a city on the border with Azerbaijan.ABC News - Top stories -
Trump’s immigration plan could add trillions of dollars to national debt, fueling inflation and market jitters
Donald Trump’s tax and spending plans for his would-be second term in office imply a willingness to see the federal budget deficit rise to truly unprecedented levels.MarketWatch - Business -
US soldier pleads guilty in theft case: Russian media
An American solider imprisoned in Russia on charges of stealing from his girlfriend in the country pleaded guilty to theft, Russian media reported. The soldier, Staff Sgt. Gordon Black, was arrested in Vladivostok, Russia, May 2 and placed in ...The Hill - Politics - Russia -
IMF warns Hunt against UK tax cuts as it flags £30bn funding gap
Fund says real departmental spending growth may rise at double the pace seen in official projectionsFinancial Times - Business - United Kingdom -
Companies warn against immigration cuts as Trump plans crackdown
Business groups say US economy remains dependent on foreign workers as migration becomes election issueFinancial Times - World - Donald Trump -
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Blinken's ex-deputy says Russian bases should be 'fair game' for Ukraine
Former Under Secretary of State for Political Affairs Victoria Nuland on Sunday suggested Russian bases should be "fair game" for Ukraine to target amid a larger debate over reversing a ban on firing U.S. weapons at targets inside of Russia. "I ...The Hill - Politics - Ukraine -
There is a way out of the Assange legal quagmire – the US should drop the case | Seth Stern and Caitlin Vogus
It’s not possible for the US to prosecute Assange while claiming to be a friend of press freedom. Biden should end this now. The UK high court decision granting WikiLeaks founder Julian Assange leave to appeal against his extradition shows just ...The Guardian - World -
GOP lawmaker proposes sanctions against Georgian officials over Russian-inspired law
Rep. Joe Wilson (R-S.C.) is readying legislation to sanction government officials in the country of Georgia over their pursuit of a Russian-inspired bill that has triggered unprecedented protests and drawn condemnation from U.S. and European Union ...The Hill - Politics -
Weather tracker: Tornado and hail risk as US storm season ramps up again
Low pressure also expected to raise temperatures in eastern Canada and north-east US, while temperatures plummet in west. After a lull in recent weeks, storm season in the US has begun to ramp up again, with 100mph winds and tennis ball-sized hail ...The Guardian - World -
Hospital to Union: Pay Up or You're Stuck With Us in Your Health Plan
The 32BJ Health Fund sought to exclude NewYork-Presbyterian hospitals from its health network to control spending. But the hospital system wouldn’t walk away without a hefty sum.The Wall Street Journal - World -
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Iranian state television says helicopter carrying President Ebrahim Raisi had a 'hard landing,' without elaborating
Iranian state television says helicopter carrying President Ebrahim Raisi had a 'hard landing,' without elaboratingABC News - World - Iran -
Iran state TV says 'no sign of life' detected at crash site of helicopter carrying President Ebrahim Raisi, others
Iran state TV says 'no sign of life' detected at crash site of helicopter carrying President Ebrahim Raisi, othersABC News - World - Iran -
Putin and Xi vow to co-operate against ‘destructive and hostile’ US
Russia and China agree to tighten military ties and deepen economic partnership after talks in BeijingFinancial Times - Business -
China retaliates against the US and EU with anti-dumping probe
Tit-for-tat investigation into thermoplastics follows a pattern established during the Trump presidencyFinancial Times - World - China -
Julian Assange wins right to appeal against extradition to US
Judges had deferred a decision on whether Assange could take his case to another appeal hearing. Julian Assange has been granted leave to mount a fresh appeal against his extradition to the US on charges of leaking military secrets and will be ...The Guardian - World -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
Alleged 'Baby Reindeer' inspiration threatens legal action after Netflix exec says show's based on 'convicted stalker'
The woman who allegedly inspired the Netflix series "Baby Reindeer" said she is pursuing legal action over what she described as a false and defamatory portrayal of her as a stalker.NBC News - Top stories -
States have legal duty to cut greenhouse emissions, says top maritime court
Wealthy states must cut emissions faster than their developing peers, court says, in major step for climate justice. Greenhouse gases are pollutants that are wrecking the marine environment, and states have a legal responsibility to control them, ...The Guardian - World -
UN maritime tribunal says countries are legally required to reduce greenhouse gas pollution
A U.N. tribunal on maritime law has found that countries are legally required to reduce greenhouse gas pollutionABC News - World - United Nations -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World -
How to Use AI to Help You Raise Prices and Increase Customer Purchase Frequency
SMB software firm vCita looks to use generative AI to help its customers -- businesses with between five and 50 employees -- make more money.Inc. - Business