Taiwan Signals Openness to Renew Ties with Honduras as Election Unfolds 
Australia Progresses AUKUS Review as U.S. Affirms Strong Support 
U.S. Repatriation Flight Carrying 266 Venezuelan Migrants Lands in Caracas 
Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert 
New Orleans Immigration Crackdown Sparks Fear as Federal Arrests Intensify 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Federal Judge Blocks Trump Administration’s Medicaid Funding Restrictions Targeting Planned Parenthood 
Trump Administration Plans Major Rollback of Biden-Era Fuel Economy Standards 
Trump Administration Halts Immigration, Green Card, and Citizenship Processing for 19 Countries 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Putin Concludes High-Level Talks With Trump Envoy on Ending Ukraine Conflict 
Israel Receives Body of Deceased Hostage as Rafah Crossing Reopening Hinges on Final Returns 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
U.S.–Russia Peace Talks Stall as Kremlin Rejects Key Proposals 
U.S.-Russia Talks Leave Ukraine Peace Efforts Uncertain 
Trump’s Name Appears on U.S. Institute of Peace Ahead of Rwanda–Congo Deal Signing 
The war that Russia continues to wage on Ukraine has exacerbated the rising prices of gasoline and food. The United States and Japan this week agreed to address the economic impact of the war in Ukraine on the world.
US Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed to coordinate in addressing the economic impact of the war in Ukraine, which is moving toward its fifth month.
The two finance officials agreed to tackle the rising prices of food and energy products and volatility in currency markets that were worsened by Russia’s invasion of Ukraine.
Both officials said the war increased the exchange rate volatility, which would lead to implications for economic and financial stability, and pledged to cooperate on currency issues.
“We will continue to consult closely on exchange markets and cooperate as appropriate on currency issues, in line with our G7 and G20 commitments,” said the officials in a joint statement following the meeting.
The two finance officials also reiterated their mutual condemnation of Russia’s “unprovoked, unjustifiable, and illegal” war on Ukraine that began when Russians invaded Ukraine back on February 24 in what the Kremlin calls a “special military operation.”
They also agreed to increase Russia’s cost of its war by imposing further economic and financial sanctions.
They also urged China and other nations to cooperate in a constructive manner in helping low-income countries that are facing debt and other issues such as climate change and global tax reforms.
Meanwhile, Ukraine said Tuesday that it has carried out a long-range strike against Russian forces in Ukraine’s southern territory, including Russian military equipment, as Ukrainian troops are looking to recapture the southern territories in a counter-offensive with thousands of troops.
An ammunition dump at the Nova Kakhovka in Kherson was hit by the rockets, killing 52 Russians, according to Kyiv. This follows the United States’ supplying of Ukraine with HIMARS missile systems which Ukraine said its forces are using effectively.
The area that Ukraine struck was among the areas Russian forces seized after it invaded and is also of strategic importance with access to the Black Sea, which is also north of the Russian-annexed Crimea region.
