Despite the pain at the pump, Americans are hitting the road Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analysts predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

Despite the pain at the pump, Americans are hitting the road Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analysts predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

US preparing to approve long-range rocket system for Ukraine

Washington CNN – The Biden administration is preparing to step up the kind of weaponry it is offering Ukraine by sending advanced, long-range rocket systems that are now the top request from Ukrainian officials, multiple officials say. The administration is leaning towards sending the systems as part of a larger package of military and security … Read more

Crypto is dead. Long live crypto

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London CNN Business – The deepening chasm between the crypto evangelists and naysayers may never have been … Read more

Former NATO general says Putin has 9-month window to win war | Russia-Ukraine war News

A resurgent Russian army has refocused its hitherto lumbering efforts to claim Ukraine’s east, making its first significant advances there in the 13th week of the war. Russian forces have re-launched offensives at three main points to surround a spearhead of Ukrainian defenders, at Izyum to the north, Severodonetsk to the east, and Popasna to … Read more

Former NATO general says Putin has 9-month window to win war | Russia-Ukraine war News

A resurgent Russian army has refocused its hitherto lumbering efforts to claim Ukraine’s east, making its first significant advances there in the 13th week of the war. Russian forces have re-launched offensives at three main points to surround a spearhead of Ukrainian defenders, at Izyum to the north, Severodonetsk to the east, and Popasna to … Read more

China-Taiwan conflict: What you need to know

Hong Kong CNN – US President Joe Biden’s warning the US would defend Taiwan against Chinese aggression has made headlines around the world – and put growing tensions between the small democratic island and its neighboring autocratic superpower back under the spotlight. Less than a decade ago, ties seemed to be on the mend as … Read more

Former US soldier now fighting in Ukraine tells of days trapped in ‘house of horror’

Irpin, Ukraine CNN – Kevin, a stocky American in his early 30s, climbs over the charred rubble of a former sauna and shines the light from his iPhone through the dust. “We’re not going to go any further, because this wire is intentionally tied off to something and then buried right here,” he warns. “A … Read more

Exclusive: Russian officer reveals why he risked it all to quit Putin’s war in Ukraine

“We were dirty and tired. People around us were dying. I didn’t want to feel like I was part of it, but I was a part of it,” the officer told CNN. He said he went to find his commander and resigned his commission on the spot. CNN is not naming the officer or including … Read more