Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
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Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?

A crucial question is hanging over the American economy and the fall presidential election: Why are consumer prices still growing uncomfortably fast, even after a sustained campaign by the Federal Reserve to slow the economy by raising interest rates? Economists and policy experts have offered several explanations. Some are essentially…

Ukraine Retreats From Villages on Eastern Front as It Awaits U.S. Aid
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Ukraine Retreats From Villages on Eastern Front as It Awaits U.S. Aid

Russian troops have captured or entered around a half-dozen villages on Ukraine’s eastern front over the past week, highlighting the deteriorating situation in the region for outgunned and outnumbered Ukrainian forces as they wait for long-needed American military aid. “The situation at the front has worsened,” Gen. Oleksandr Syrsky, Ukraine’s…

Humza Yousaf Resigns as Scotland’s First Minister
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Humza Yousaf Resigns as Scotland’s First Minister

Scotland’s first minister, Humza Yousaf, resigned on Monday in the latest setback for his Scottish National Party, which has been engulfed in a slow-burn crisis over a funding scandal that erupted after its popular leader Nicola Sturgeon stepped down last year. Mr. Yousaf’s departure had looked increasingly inevitable after he…

Spain’s Leader Declares He Won’t Quit Over Wife’s Corruption Case
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Spain’s Leader Declares He Won’t Quit Over Wife’s Corruption Case

Prime Minister Pedro Sánchez of Spain declared on Monday that he would not resign, nearly a week after publicly raising the possibility in response to corruption allegations against his wife that he and other officials denounced as a smear campaign. The decision by Mr. Sánchez, who has repeatedly astonished his…