Mortgage Interest Rates Rise To Highest Level Since 2006

The average interest rate on the most popular U.S. home loan rose to its highest level since 2006 as the housing sector continued to bear the brunt of tightening financial conditions, data from the Mortgage Bankers Association (MBA) showed on Wednesday.

NATO to Hold Nuclear Exercise Despite Russian Warnings

NATO will push ahead with long-planned nuclear exercises next week despite rising tensions over the war in Ukraine and President Vladimir Putin’s insistence that he is not bluffing about using all available means to defend Russian territory, NATO Secretary-General Jens Stoltenberg said Tuesday.

G7 Gathers As Russia Strikes Ukraine Again

Ukraine’s President Volodymyr Zelensky was to ask the Group of Seven (G7) of the world’s leading economies to urgently supply Ukraine with air defense weapons, as Russia again rained down cruise missiles on his nation.

It is not safe to be Christian in China, report says

The International Christian Concern (ICC) advocacy organization has published a new Persecution Incident Report for China, attesting that the years-long persecution against believers by the ruling Chinese Communist Party (CCP) has intensified to where it is no longer safe to be Christian in the country. The ICC report covers the period July 2021-June 2022.

IMF: “worst is yet to come” in global economy

The International Monetary Fund (IMF) has forecast the “worst is yet to come” economically as it predicts a third of the global economy will contract in 2023, facing two consecutive quarters of negative growth, Sky News reports. The IMF made its predictions in its latest World Economic Outlook report.

Iran state TV hacked with anti-government ‘blood on your hands’ message

Iranian state TV was hacked Saturday night as its main news program suddenly transitioned to a photo of Supreme Leader Khamenei with the words “The Blood of Our Youths Is on Your Hands” along with images of Mahsa Amini, who died in custody last month after being arrested by Tehran’s hijab police, and three teenage girls killed in the subsequent nationwide uprisings, Iran International reports.

Numerous Killed In Massive Russian Strikes On Ukraine

Authorities say a massive wave of Russian missile strikes on cities across Ukraine, including the capital, killed at least 11 people and injured dozens more. Russian President Vladimir Putin confirmed the strikes saying they were in response to an attack on a bridge linking Russia and occupied Crimea and warned of more violence.

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