- European nations are determined to help Ukraine win an unambiguous victory against Russia.
- The Biden administration is increasingly cautious and constrained by domestic politics and fear of direct confrontation with Moscow.
- European countries previously seen as soft on Russia have moved closer to Ukraine's fiercest supporters.
- There are diverging views between Washington and European allies on Ukraine's future in NATO and the military support it needs.
- The Biden administration is lagging behind Europe, creating trouble for the unity of the alliance.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec