Ukraine pushes Russian forces along multiple frontsFighting continues along different parts of the front line in eastern and southern Ukraine as Kyiv’s forces expand their counteroffensive operations. The Russian army retreated from its positions in Andriivka, south of Bakhmut, after a successful Ukrainian attack, according to a July 25 briefing …

The problem with the war in Ukraine is that it has been all smoke and mirrors. The Russian objectives of “demilitarisation” and “de-Nazification” of Ukraine wore a surreal look. The western narrative that the war is between Russia and Ukraine, where central issue is the Westphalian principle of national sovereignty, …

Central banks may keep interest rates higher for longer than currently priced; given investors’ benign inflation outlook and growing expectations for a soft landing, this could increase financial stability risks and weigh on growth Overall inflation has moderated meaningfully in recent months in the United States and euro area, as …