U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.
Ukraine’s Zelensky tries to push Viktor Orbán into entering the war and sanctioning Russian gas, in a move that would not only threaten Hungary’s peace but also set the country’s economy on a crash course.
Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines (600115.SS) plane that crashed with 132 people onboard, but U.S. efforts to join the investigation are on hold because of COVID-19 quarantine rules.
A China Eastern Boeing 737-800 with 132 people on board crashed in a remote mountainous area of southern China on Monday, officials said, setting off a forest fire visible from space in the country’s worst air disaster in nearly a decade.
President Biden’s nominee to lead the country’s deportation agency faced a domestic violence accusation from his wife, according to documents filed in a tangentially related sexual harassment lawsuit.
Within the next couple of months it is likely that there will be direct US military involvement in Ukraine, with Russia now openly supporting and recognizing separatist groups in the Donbass region on the eastern edge of the country and apparently moving to aid them militarily in separation.
