Russia ratcheted up its battle for control of Ukraine’s eastern industrial heartland, intensifying assaults on cities and towns along a front hundreds of miles long in what officials on both sides described as a new phase of the war.
The situation in the Russian economy is stabilizing, while the ruble’s exchange rate is returning to the levels of early February, President Vladimir Putin said at a meeting on economic issues on Monday.
The Associated Press took a rare swipe at President Joe Biden over his characterization of Russia’s war on Ukraine as “genocide,” joining a chorus of world leaders uncomfortable with using a term that has international implications.
Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.
French President Emmanuel Macron has sparked fury after publicly refusing to follow in the footsteps of other European leaders in calling the Russian atrocities committed in Ukrainian towns such as Bucha “genocide.”