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Eleven people, including a government official, are killed by an al-Shabaab suicide bombing at the entrance to a government building in Merca, Lower Shabelle, Somalia. Business and economy. 2021–2022 inflation surge. The Federal Reserve consecutively increases its benchmark interest rate by 0.75%. Russia in the European energy sector
The economy of New Zealand enters a recession after gross domestic product fell 0.1% in the March quarter, as the central bank raises interest rates to a 14-year high. Annual growth also slowed to 2.2%, according to Statistics New Zealand. Disasters and accidents. Carberry highway collision
The World Food Programme releases a report stating that more than 95% of Sudan's population cannot afford a meal a day. Disasters and accidents. 2024 Guangzhou bridge collapse. Five people are killed when a barge collides with the Lixinsha Bridge in Guangzhou, China. (The New York Times) 2024 València residential complex fire
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, ... The 10 most spectacular places around the world to visit in February. News ...
Before the invasion, Ukraine accounted for 11.5% of the world's wheat crop market, and contributed 17% of the world's corn crop export market, and the invasion caused wheat and corn from Ukraine unable to reach international market, causing shortages, and result in dramatic rise in prices, [113] that exacerbated to foodstuffs and biodiesel prices.
NASA's Center for Near-Earth Object Studies says that the probability of asteroid 2024 YR 4 impacting Earth on 22 December 2032 has increased to 2.3%, or a (1-in-43) chance, following further observations of its trajectory. More observations are planned in the coming months to gather data on the asteroid before it moves too far away from Earth ...
The European Union statistics office reports that inflation in the Eurozone increased to a record 8.9% in July. Disasters and accidents. 2022 European derecho. Six people are killed and 12 others are injured by strong winds on the island of Corsica, France.
In ways that may be familiar to reformers today, government officials began to rethink incarceration policies toward addicts. Mandatory sentences fell out of favor, and a new federal law, the Narcotic Addict Rehabilitation Act, gave judges the discretion to divert a defendant into treatment.