Funding for Ukraine Is Far from Unchecked Charity
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FirstFT: US backs funding Ukraine from Russian assets
Also in today’s newsletter, millennial inequality and is time running out for Benjamin Netanyahu?Financial Times - World - Ukraine -
US proposes debt to fund Ukraine using profits from frozen Russian assets
Hope that Washington’s idea could generate tens of billions in cash for KyivFinancial Times - Business - Ukraine -
NRA Settles D.C. Lawsuit, Agreeing to Overhaul Charity Accused of Mishandling Funds
The gun group settled with the District of Columbia’s attorney general, who said it had misused tax-deductible donations. The N.R.A. denies all wrongdoing in the case.The New York Times - Top stories -
Global fund managers are wrong on inflation, rates and bonds so far this year
True to form, the people running the world’s biggest pension funds, mutual funds and endowments have been caught completely flatfooted by the latest surge in inflation.MarketWatch - Business -
Blinken, Cameron meet in D.C. to discuss Ukraine funding
Secretary of State Antony Blinken met with U.K. Foreign Secretary David Cameron in Washington, D.C., on Tuesday to discuss new military aid for Ukraine, which has been stalled in Congress for months. CBS News intelligence and national security ...CBS News - Top stories - Ukraine -
Constance Marten is far from 'monster', jury told
The defence barrister describes the 36-year-old defendant as a "grieving" mother in his closing statement.BBC News - Top stories -
House Speaker Johnson said he would proceed with a high-stakes vote to move long-stalled funding for Ukraine, Israel and other overseas allies, elbowing aside criticism from his conservative flank.
House Speaker Johnson said he would proceed with a high-stakes vote to move long-stalled funding for Ukraine, Israel and other overseas allies, elbowing aside criticism from his conservative flank.The Wall Street Journal - World -
Liontrust hit with £4bn in outflows from UK funds
Investors pull total of £6bn from asset manager over past year amid pressure on London’s capital marketsFinancial Times - Business - United Kingdom -
Pension Funds Are Pulling $325 Billion From Stocks
Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out and shifting money into bonds.The Wall Street Journal - World -
Powerful conservative funds hand out millions to pro-Trump far-right groups
Groups led by Stephen Miller and Charlie Kirk among recipients of large sums from Bradley Foundation and Bradley Impact Fund. Two powerful conservative non-profits have donated millions of dollars to a number of pro-Trump groups led by key ...The Guardian - World - Donald Trump -
Zelensky says Ukraine will lose war without US funding
Ukrainian President Volodymyr Zelensky warned Ukraine "will lose the war" against Russia if U.S. lawmakers do not pass funding for the war-torn nation. "We need to tell Congress specifically ... if Congress does not help Ukraine, Ukraine will lose ...The Hill - Politics - Ukraine -
Flooded farms in England refused compensation as ‘too far’ from river
Government recovery fund stipulates affected areas must be less than 150 metres from a ‘main’ river . Farmers who have their entire cropping land submerged underwater have found they are ineligible for a government flooding hardship fund – because ...The Guardian - World -
Hamas weakened and divided but far from defeated six months into Gaza war
Few of Hamas’s senior leaders have been harmed but its ability to govern is reduced and thousands of fighters are dead. Six months after the surprise attacks it launched into Israel, triggering the Gaza conflict, Hamas is weakened and divided but ...The Guardian - World -
Russia-Ukraine war live: parts of Ukraine without power after Russian strikes, says Ukrainian energy operator
Russian drone damages equipment at Dnipropetrovsk oblast substation a day after missiles and drones destroyed electricity plant near Kyiv. Six Ukrainian drones struck Russia’s Belgorod oblast this morning, injuring two and damaging an ...The Guardian - World - Ukraine -
In Ukraine With Soldiers From the International Legion
Our photographer spent four days at a remote Ukrainian trench outpost manned by soldiers who signed up from abroad.The New York Times - World - Ukraine -
The pro-Putin far right is on the march across Europe – and it could spell tragedy for Ukraine | Armida van Rij
With Slovakia the latest member to elect a Russia-leaning leader, the EU is increasingly open to hostile interference. The victory for Peter Pellegrini in Slovakia’s presidential election is just the latest triumph for the far right in Europe. ...The Guardian - World - Ukraine -
Russia launches first Angara-A5 space rocket from Far East cosmodrome
Yahoo News - World - Russia -
3.8 magnitude earthquake strikes near Borrego Springs, not far from Coachella music festival
The USGS map detecting where the quake was felt, notes that about 60 miles away, Coachella music festival goers camping out, or staying in the area may have felt it.CBS News - Top stories -
Former Arizona Gov. Doug Ducey says the abortion ruling from justices he chose goes too far
A ban on nearly all abortions in Arizona doesn’t sit well with Republican former Gov. Doug DuceyABC News - Health - Abortion -
Russia aborts second attempt to launch a heavy-lift rocket from Far East
Russia has failed for a second straight day to test-launch a new heavy-lift rocket from its Far Eastern space complexABC News - Tech - Russia -
Europe wants 2 things from China. It may not get far on either of them.
Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in UkraineABC News - World -
Ukraine's battle to save Kharkiv from Putin's drones
Yahoo News - World - Ukraine -
Biden fund gets big donation from son of Republican megadonor Larry Ellison
The donation by David Ellison backing President Joe Biden is a coup for allies of the incumbent Democrat, who will face Donald Trump in the November election.CNBC - Business - Joe Biden -
The Tories let tax dodgers go unchecked. Labour won’t put up with it | Margaret Hodge
By cracking down on tax avoiders and closing non-dom loopholes, Rachel Reeves will help revive UK public services . Margaret Hodge is the Labour MP for BarkingThis week the shadow chancellor, Rachel Reeves, announced that Labour would act to ...The Guardian - World -
Mediators said Israel and Hamas remained far from an agreement on a cease-fire in Gaza and the freeing of some hostages held by the militant group.
Mediators said Israel and Hamas remained far from an agreement on a cease-fire in Gaza and the freeing of some hostages held by the militant group.The Wall Street Journal - World -
Zelensky says he doesn't need 'primitive' ideas from Trump on Ukraine
Ukrainian President Volodymyr Zelensky said in a Tuesday interview that he does not need “primitive” ideas from former President Trump on ways to resolve the war with Russia. In an interview with Axel Springer media outlets, including Politico, ...The Hill - Politics - Ukraine -
Hungary will impose new restrictions on agricultural imports from Ukraine
Yahoo News - World - Ukraine -
Back From Ukraine, a House Republican Makes the Case for More Aid
Representative Chuck Edwards, a first-term North Carolinian, has emerged as a vocal proponent for U.S. aid to Ukraine in a party that has grown hostile to it. He recently saw the war up close.The New York Times - World - Ukraine -
Rescuers in Ukraine pull 5 puppies from the rubble of a building destroyed by fire
A video released by Ukraine's state emergency services show that rescue workers have pulled five puppies from underneath the rubble of a destroyed buildingABC News - World - Ukraine -
Rescuers in Ukraine pull 5 puppies from the rubble of a building destroyed by fire
Yahoo News - World - Ukraine -
Iran's attack on Israel built on lessons from Russia's war in Ukraine
Iran’s missile and drone attack on Israel showed that the Islamic Republic has learned key lessons from Russia’s war in Ukraine, employing a strategy to overwhelm air defenses with a layered assault including swarms of drones and missiles ...The Hill - Politics - Ukraine -
Speaker Johnson plans to bring separate bills funding Ukraine, Israel and Taiwan to the House floor, in a maneuver aimed at breaking a monthlong deadlock over a $95 billion foreign-aid package the Senate passed earlier this year.
Speaker Johnson plans to bring separate bills funding Ukraine, Israel and Taiwan to the House floor, in a maneuver aimed at breaking a monthlong deadlock over a $95 billion foreign-aid package the Senate passed earlier this year.The Wall Street Journal - World -
Recent acquisitions have lifted to more than $260 billion alternative assets under the management of Franklin Templeton, which has been grappling with a steady stream of outflows from its legacy mutual-fund business.
Recent acquisitions have lifted to more than $260 billion alternative assets under the management of Franklin Templeton, which has been grappling with a steady stream of outflows from its legacy mutual-fund business.The Wall Street Journal - World -
'We are operating as a charity' says headteacher
Chris Currie from Killinchy Primary School says it is "impossible" to work within his school budget.BBC News - Top stories -
Mike Johnson vowed to remain House speaker as he faced the most direct challenge to his leadership since taking the gavel last fall, sparked by his effort to pass long-stalled funding for Ukraine, Israel and other overseas allies.
Mike Johnson vowed to remain House speaker as he faced the most direct challenge to his leadership since taking the gavel last fall, sparked by his effort to pass long-stalled funding for Ukraine, Israel and other overseas allies.The Wall Street Journal - World -
Crises are eating into development funding
Rich nations need to top up financing for multilateral institutions and initiativesFinancial Times - World -
A16z raises second gaming fund at $600M as part of $7.2B funding
A16z announced that it has raised a new $600 million games fund as part of a $7.2 billion raise for the venture capital company.VentureBeat - Tech -
Prime money markets funds are in trouble
The SEC takes aim at institutional prime money market fundsFinancial Times - World -
Want to Invest in SpaceX or Stripe? There’s a Fund for That.
A new publicly traded fund allows individual investors to own a piece of 23 private tech companies, including Stripe, SpaceX, OpenAI and Discord.The New York Times - Tech -
Charities plan legal action against Rwanda removals
The move comes as legislation to revive the removal scheme is expected to pass in the coming days.BBC News - Top stories