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Quick Hits: Today’s Top Stories
French President Emmanuel Macron, German Chancellor Olaf Scholz, Italian Prime Minister Mario Draghi, and Romanian President Klaus Iohannis traveled to Kyiv on Thursday to meet in person with Ukrainian President Volodymyr Zelensky for the first time since Russia invaded. The four European leaders formally endorsed Ukraine’s bid to join the European Union and pledged additional weaponry to the country’s cause. Ukrainian Foreign Minister Dmytro Kuleba thanked the countries—and the United States—for the continued military support, but maintained his country “urgently need[s] more heavy weapons delivered more regularly.”
One day after the Federal Reserve hiked the target federal funds rate by 75 basis points, the Bank of England’s Monetary Policy Committee opted for a more modest 25-basis-point increase, despite prices in the United Kingdom rising even faster than in the United States. Policymakers at the Swiss National Bank also raised interest rates on Thursday—for the first time since 2007—to -0.25 percent.
The Defense Department announced this week that coalition forces in Syria captured a senior Islamic State leader on Thursday in a mission that it claimed resulted in no civilian casualties or damage to coalition assets. The Pentagon didn’t identify the ISIS leader other than as an “experienced bomb maker and facilitator.”