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NATO, US forces join Romania-led Black Sea military drills

Romania’s navy led multinational military drills in the Black Sea region Thursday that brought together U.S. and NATO troops as the 30-nation alliance looks to boost security on its southeastern flank amid Russia’s ongoing war in Ukraine. The sea and air exercises are part of a series of drills known …

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Bolsonaro returns to Brazil after 3-month Florida trip

Former right-wing Brazilian President Jair Bolsonaro returned to his home country Thursday after staying in Florida for three months following his election loss to leftist Luiz Inácio Lula da Silva. Bolsonaro landed at the Brasília airport where hundreds of supporters had gathered to meet the former president.  Those hoping to …

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Egypt announces 2% rate hike as inflation worsens

Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement, the bank’s monetary policy committee said the most basic lending rate, the overnight deposit rate, has increased from 16.25% to 18.25%. …

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