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May 23, 2022

Crisis

Care system: Help families before they reach crisis, urges review

BBC
The Independent Children’s Homes Association said it was “stunned” at the review’s call “for the destruction of more than 30 years in the children’s social care sector, work that has produced one of the leading care systems in the world, while demonstrating an alarming lack of knowledge of the sector,......

Israel’s Political Crisis Is Resolved, but Governing Remains a Strain

New York Times
New York Times – For more and to sign up click here JERUSALEM — Israel’s latest government crisis was resolved on Sunday, at least temporarily, when a lawmaker who quit the coalition late last week agreed to return to it, snatching back the tiny majority that its opposition held over......

Cisco shares plunge after China lockdowns, Ukraine crisis hits outlook

Reuters
The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, U.S., May 4, 2015. REUTERS/Jim Young Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Cisco Systems Inc (CSCO.O) cut its full-year earnings forecast on Wednesday......

Pediatrician on the do’s and don’ts for navigating baby formula “crisis situation”

CBS News
CBS News – For more and to sign up click here While the Food and Drug Administration will be working to expedite the importation of baby formula to address nationwide shortages, FDA officials said it could be several months before the supply of infant formula products improves.   The news......

As inflation slows and the ruble rallies, Russia is hoping to avoid a financial crisis

CNBC
CNBC – For more and to sign up click here Russian President Vladimir Putin. Pool | Reuters Russia believes it has swerved a financial crisis as its currency rallies and economic data improves, but strategists say the numbers mask some ugly truths for Moscow. Although inflation in the country is......

House Democrats to hold hearings on baby formula crisis, introduce bill to beef up FDA inspections

CNBC
CNBC – For more and to sign up click here House Democrats will hold hearings on the baby formula shortage in the U.S., and move to pass legislation to increase Food and Drug Administration inspection staff to ensure that imported products are safe for infants to consume. Rep. Rosa DeLauro,......

Ukraine crisis: Can Africa replace Russian gas supplies to Europe?

BBC
Russia’s suspension of deliveries to Poland and Bulgaria over their refusal to pay in roubles, the Russian currency, was a stark reminder of the threat facing the Eurozone. Russia has the largest natural gas reserves in the world and is the largest exporter, accounting for around 40% of Europe’s imports.......

House Plans Vote to Ease Formula Crisis as Biden Pledges Quick Action

New York Times
WASHINGTON — Speaker Nancy Pelosi said on Friday that the House would take action next week to address the baby formula shortage that has left parents desperately searching for food for their children, as President Biden pledged action that would result in more formula on store shelves within “weeks or......

Euro falls back towards 2017 lows on Russian energy crisis

Reuters
Euro retreats below $1.04, dollar gains Russian gas move adds to euro’s woes Yen set to snap nine-week losing streak LONDON, May 13 (Reuters) – The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to disruptions in gas supplies to Europe, renewing fears......

Sri Lanka names new PM in bid to address growing crisis

Reuters
Ranil Wickremesinghe, leader of the United National Party speaks to his supporters during a campaign rally on the last day for rallies, ahead of country’s parliamentary election scheduled for August 5, 2020, in Galle, Sri Lanka, August 2, 2020. REUTERS/Indunil Usgoda Arachchi Register now for FREE unlimited access to Reuters.com......

Europe’s gas supply crisis grows after Russia imposes sanctions

Reuters
The logo of Gazprom Germania is pictured at their headquarters, in Berlin, Germany April 1, 2022. REUTERS/Fabrizio Bensch Register now for FREE unlimited access to Reuters.com Register BERLIN, May 12 (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday after Moscow imposed sanctions on European subsidiaries......

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