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Inflation, Biden in Europe, Yugos: your Thursday night briefing

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Good night. Here is the last one.

1. Consumer prices jumped 5% in May for a year, faster than expected.

The CPI posted the highest year-over-year reading since 2008. Part of the increase came from supply bottlenecks and other shortages as the economy reopens, as well as the base effect: the May 2020 number was depressed by the closures.

The critical question is whether this is a reopening trend or something more persistent. Wall Street rocked the news as stocks hovered in record territory.

The latest data is sure to keep inflation at the center of the debate in Washington. The Biden administration and senior Fed officials predict the price increases will balance out, but Republicans warn they could get out of hand.

Supply issues are growing for Starbucks, which is flush with customers and short of key items like peach and guava juices, iced and cold brew coffee, and even mugs, lids and straws.

2. President Biden has stated that the Group of 7 would announce a global strategy to contain the coronavirus pandemic.

“This is our responsibility, our humanitarian obligation, to save as many lives as possible,” Biden said in Cornwall, England, where G7 leaders will open a summit tomorrow. He announced that the United States would purchase 500 million doses of the vaccine and donate them to around 100 low- and middle-income countries over the next year.

Biden and British Prime Minister Boris Johnson unveiled a new ‘Atlantic Charter’ to redefine the Western alliance as they seek to draw the world’s attention to emerging threats from cyber attacks, the pandemic and climate change . Here is the latest information on Biden’s trip to Europe.

3. Death of Covid-19 have fallen 90% in the United States since their peak in January, but hundreds of people still die every day.

While the number of deaths has fallen across all age groups, around half of Covid-19 deaths are now in people aged 50 to 74, up from just a third in December. The remaining deaths are mainly due to those who have not yet been vaccinated. Alabama, Louisiana and Mississippi have the lowest vaccination rates in the country.

Nationwide, approximately 10.5 million children under the age of 18 have received at least one dose of the Pfizer-BioNTech vaccine. Moderna has requested emergency authorization for the use of its vaccine in 12 to 17 year olds.

4. As the United States withdraws from Afghanistan, performers fear they will be left behind.

A program to bring people employed by the US military to the United States is overdue, with thousands of visa applicants turned down. More than 18,000 Afghans are awaiting decisions on their request. Above, Shoaib Walizada, 31, a former interpreter for the US forces.

Many say they are terrified, fearing that they will be denied, or approved only after being hunted down and killed.

The Pentagon plans to intervene with airstrikes to support Afghan security forces in case Kabul risks falling into Taliban hands once US troops leave the country.

5. Famine hits 350,000 Ethiopians. It is the worst for any country in a decade.

The disaster stems from Ethiopia’s Tigray conflict, according to the United Nations and international aid groups. Fighting erupted in November, when Prime Minister Abiy Ahmed and neighboring Eritrea ordered their military forces to enter the region to crush Abiy’s political rivals and strengthen his control. Above, displaced Tigrayans receive food in northern Ethiopia.

Linda Thomas-Greenfield, US Ambassador to the United Nations, said “the very place that awakened the modern world to the scourge of hunger” four decades ago was in danger of happening again.

6. Our approach to climate change something big is missing, scientists say.

Unless the world stops treating climate change and the collapse of biodiversity as separate problems, neither problem can be solved effectively, according to a report by two leading international science groups. Global policies typically target one or the other, with unintended consequences.

In other climate news, the Keystone XL pipeline, a long-running project that would have transported oil from the Canadian tar sands to Nebraska, has been canceled. Above, pipes for the Keystone XL project in North Dakota in 2017.

The biggest source of the wine industry’s carbon footprint is glass bottles. He is therefore experimenting with alternatives – such as an airtight plastic container of 24,000 liters of Pinot Grigio that will fill barrels and reusable bottles.

7. Headliners and headdresses are coming back to Las Vegas.

The stakes couldn’t be higher as the Strip tries to emerge: It’s hard to open shows without tourists, and it’s hard to attract tourists without shows. While only 106,900 tourists visited Las Vegas in April 2020, some 2.6 million people visited last April – a big rebound, but still nearly a million less than what the city attracted before the pandemic.

Las Vegas has started filling its pre-New York theaters, where most Broadway shows won’t reopen until September.

As New York City began to open in May, The Times Magazine sent 15 photographers, all aged 25 or under, to capture the excitement and anxiety.

8. This menstrual cup belongs to a museum.

And the breast pump, the speculum and the IUD too. A new series of books and exhibits claim that there is a whole world of artefacts relating to women, mothers and pregnant people that have been overlooked in form and function.

“These objects are often used by people who have not had the power to write history, make decisions or frame material culture,” said a curator at the Boston Museum of Art. “They just weren’t part of the conversation, out loud, until recently.”

One such new item is Phexxi, a contraceptive gel marketed as a new form of birth control for women who are wary of hormones.

9. Learn 20 essential money lessons in 20 days.

Financial life often seems a lot more complicated than it should be, so Ron Lieber, who writes the “Your Money” column, and Tara Siegel Bernard, personal finance reporter, have put together a 20-day financial challenge. . They cover a bit of banking, some investments, student loan assistance, and other debt management. Sign up for the Get One Tip Daily Challenge with a pretty quick task that you can accomplish once you’re done.

For more lifestyle tips, our food and kitchen staff share their current favorite tips, like using hotel room shower caps as a more durable form of plastic wrap.

10. And finally, a second look at the Mona Lisa from bad cars.

The Yugo utility is perhaps the most maligned automobile in history, ridiculed for its looks and (many) flaws. But its fans uphold the car’s reputation with the kind of overprotective affection usually reserved for pet cats that go blind and three-legged dogs.

“People are now buying these cars to make jokes and to win prizes at auto shows,” said Nick Bygrave, an employee of an auto parts supplier. He found a 1987 GVS covered in moss that had been in a field for 20 years, but it worked. Once the moss died, it looked like a matte paint job.

Have a loving evening.

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