Schools in occupied Ukraine are reportedly indoctrinating children with Russian nationalist propaganda. Russian forces are accused of forcing students to attend these schools. The New York Times interviewed a dozen children and their parents. They detailed a curriculum steeped in militarism and Russian chauvinism. In one instance, Russian soldiers arrested a student's stepfather. This was allegedly due to pro-Ukrainian views. The student was then forced to attend a Russian-language school. Experts and rights groups condemn the effort as Russification. They say it aims to erase Ukrainian identity. Moscow has imposed this education system over nearly four years of war. The international community has largely condemned Russia's actions in Ukraine. Concerns are growing about the long-term impact on Ukrainian children. The situation remains tense. Further investigations are underway.
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Heineken CEO Dolf van den Brink is unexpectedly resigning on May 31st after six years, amidst slumping beer sales that have caused the company to underperform against its competitors. The leadership change introduces uncertainty as Heineken searches for a successor while navigating a challenging market environment. Van den Brink will remain as an advisor until 2027.
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Despite trade tensions and geopolitical challenges in 2025, China's economy demonstrated resilience with a record trade surplus and steady GDP growth, defying deglobalization concerns. Looking ahead to 2026, global executives must address key questions regarding tariff uncertainties and evolving competitive landscapes to navigate China's dynamic economic trajectory and leverage opportunities in the world's second-largest economy.
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A Justice Department criminal inquiry into Federal Reserve Chairman Jerome Powell is drawing criticism from Congress, potentially jeopardizing President Trump's ability to appoint a new Fed leader. The investigation, related to Powell's testimony on Fed headquarters renovations, is viewed by some, including Senator Tillis, as an attack on the Fed's independence, with Tillis vowing to block any Fed nominee until the matter is resolved. The probe comes as Powell's term nears expiration and amid Trump's repeated calls for lower interest rates.
Federal Reserve Chairman Jerome Powell has accused the Justice Department, under the Trump administration, of launching a politically motivated criminal probe into his Senate testimony after the Fed declined to lower interest rates as requested by the President. Powell maintains the investigation is an attack on the Fed's independence, asserting that monetary policy decisions should be based on economic conditions, not political pressure, and that he will continue to fulfill his duties with integrity. The Justice Department has not yet issued a public response.
A Justice Department criminal inquiry into Federal Reserve Chairman Jerome Powell is drawing criticism from Congress, potentially jeopardizing President Trump's ability to appoint a new Fed leader. The investigation, related to Powell's testimony on Fed headquarters renovations, is viewed by some, including Senator Tillis, as an attack on the Fed's independence, with Tillis vowing to block any Fed nominee until the matter is resolved.
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