🌎 World

Our daily trip ‘round the world

Friday, Oct 28, 2022

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🏦📈 The European Central Bank raised interest rates by 0.75% to combat inflation. It’s the second-such increase in two months, and comes as annual inflation in the eurozone reached an all-time high of 9.9% in September. Canada’s central bank also raised interest rates this week in a bid to tame high inflation, while the US Federal Reserve is expected to deliver another 0.75% rate hike next Wednesday.

🇷🇺 Russia said it could target US commercial satellites if they’re used to help Ukraine. The comments by a Foreign Ministry official didn’t mention SpaceX’s Starlink by name, though the satellite internet service has emerged as an important tool for Ukraine. Separately, Russian President Vladimir Putin reiterated claims that Ukraine plans to detonate a ‘dirty bomb’ of nuclear radiation on its own territory – allegations US officials have denied – while saying “it doesn’t make sense” for Moscow to conduct a nuclear strike in Ukraine.

🇲🇽 Evidence in a ‘bombshell’ Mexican gov’t report about 43 missing students was recently invalidated. In August, a truth commission report blamed the country’s police and military, along with drug traffickers, for abducting and murdering the students in 2014. But since then, arrest warrants for police and military suspects have been revoked, the lead prosecutor of the investigation resigned, and the head of the truth commission said much of the evidence in its report couldn’t be verified as true.

+In other Mexico news: Mexico's northeastern border state of Tamaulipas voted to legalize same-sex marriages on Wednesday, becoming the last of the country’s 32 states to do so.

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  |  October 27, 2022

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🌎 Iranian police reportedly fired on crowds of protesters who gathered at Mahsa Amini's grave yesterday, Russia reportedly sabotaged the water supply of Ukrainian city Mykolaiv in April, and Germany is legalizing weed for recreational use.

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  |  October 26, 2022

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🌎 European natural gas prices are ~70% lower than record-highs set in August, WNBA star Brittney Griner lost her appeal of a nine-year prison sentence in Russia, and US-listed Chinese stocks lost ~$75 billion in value on Monday to reach their lowest level in 10 years.

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  |  October 25, 2022

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🌎 Former Treasury chief Rishi Sunak becomes the UK’s next prime minister today, the DOJ charged two Chinese intelligence officers with trying to bribe a US double-agent, and Canada’s preemptive handgun ban took effect on Friday.

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