Quds Day rallies
People in Iran and many other countries are set to hold rallies to mark International Quds Day, which falls on the last Friday of the holy month of Ramadan. The occasion is annually marked in solidarity with the Palestinian nation. The event is an opportunity to highlight Israel’s decades-long occupation of Palestinian land and its atrocities against them. Iran had canceled Quds Day marches due to COVID in the past two years. But this year, the rallies will be held in some 900 cities. The day is marked in over 90 countries. In some countries, the occasion is observed on the last Sunday of the holy month. This year’s Quds Day comes amid tensions in the occupied West Bank and al-Quds where Israeli forces and settlers have been raiding towns and the al-Aqsa Mosque compound. Hundreds of Palestinians have been injured in the attacks.
Russia-Ukraine war
US President Joe Biden is asking Congress to approve 33 billion dollars in new funds to provide Ukraine with weapons and economic aid. The proposed package includes over 20 billion dollars for weapons, ammunition and other military and security assistance. Biden says the funding is necessary to keep Ukraine’s government and military going amid the war with Russia. The request is more than twice the size of a nearly 14-billion-dollar package Congress enacted in March. Russia has already warned the West about the consequences of pouring weapons into Ukraine.
Germany record inflation
Annual inflation in Germany has risen to its highest level in over forty years, with soaring energy prices being the key driving force. According to the German federal statistics agency Destatis, consumer prices were about 7.5 percent higher this April compared to last year. Destatis said prices of natural gas and oil products, in particular, have considerably gone up since the war in Ukraine began in late February. On Wednesday, Germany’s Economy Ministry slashed its economic growth forecast for 2022 to a little over two percent from its late January prediction of nearly four percent. Experts say the country’s inflation rate would likely accelerate further in the coming months. Germany, like many of its European neighbors, heavily relies on Russian gas supplies to meet its energy demands.