AI
News powered by AI
House Republicans pass debt ceiling bill with spending cuts
The US House of Representatives has passed a bill aimed at increasing the US debt ceiling and making spending cuts. The bill passed narrowly in a 217-215 vote with all Democrats voting against it, along with four Republicans. Despite the win for House Speaker Kevin McCarthy, the bill is unlikely to pass in the Democratic-controlled […]
Russia pounds Ukraine on eve of Victory Day holiday
Russia pounded Ukraine with drone and missile strikes on the eve of the Victory Day holiday marking the Soviet Union’s triumph over Nazi Germany during World War II. The attack killed at least four civilians and injured five in the capital. Kyiv’s mayor said Russia had unleashed 60 Iranian-made drones, including 36 at the capital, […]
Eto is going on hiatus
We hope this message finds you all in great spirits! Today, we have an important update to share regarding the future of the Eto newsletter. We have made the decision to take a temporary hiatus, but rest assured, we’ll be back in action before you know it! So, why the break, you might wonder? Well, […]
Iran seizes foreign oil tanker in Gulf of Oman, bound for US
Iran has seized a foreign oil tanker, the Marshall Islands-flagged Advantage Sweet, in the Gulf of Oman after leaving Kuwait on its way to Houston. The US Navy’s 5th Fleet called for its immediate release, stating that Iran’s actions are contrary to international law and disruptive to regional security and stability. US Naval Forces Central […]
Federal Reserve signals potential end to rate hike campaign
The US Federal Reserve has raised its benchmark interest rate by 25 basis points, marking its 10th consecutive rate increase in its effort to tackle inflation and economic slowdown. The key benchmark federal funds rate is now at 5% to 5.25%, the highest since August 2007. However, the bank also hinted that future rate increases […]
First Republic Bank Plummets as Government Reportedly Considers Receivership
First Republic Bank’s shares have fallen to an all-time low amid speculation that the bank may be put into receivership by the Federal Deposit Insurance Corporation (FDIC). If it happens, First Republic will be the third US bank to fail since March, following the collapse of Silicon Valley Bank and Signature Bank. On Friday, the […]
US Supreme Court Blocks New Restrictions on Widely Used Abortion Pill
The US Supreme Court granted emergency requests by the Justice Department and the abortion pill’s manufacturer to halt a lower court ruling that would have limited the availability of the widely used abortion drug mifepristone. The court’s order temporarily preserves the drug’s FDA approval, which anti-abortion groups are challenging, and maintains broad access to it […]
Chinese citizen journalist who documented early COVID-19 outbreak in Wuhan released from jail
Fang Bin, a Chinese citizen journalist who documented the initial COVID-19 outbreak in Wuhan, has been released from prison after three years. Fang and other citizen journalists posted details of the pandemic in early 2020, defying the Chinese Communist Party’s monopoly on information. Fang’s case was part of Beijing’s crackdown on criticism of China’s early […]
52 arrests made during King Charles III's coronation celebrations
On coronation day, the Metropolitan Police made 52 arrests for offences that included disrupting public order and conspiracy to cause a public nuisance. Critics have claimed that the police were too heavy-handed with peaceful protestors. Police had warned that their tolerance for any disruption would be low, and that they would deal “robustly” with any […]
Fighting in Sudan continues despite failed cease-fire attempt
Fighting continues to rage in Sudan between rival military factions for a fifth day, with a 24-hour cease-fire attempt brokered by the international community having failed. The death toll has risen to at least 270, with over 2,600 people wounded. The conflict between the armed forces, led by General Abdel Fattah Burhan, and the Rapid […]