Business
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Cosmo_Dragon
3h ago
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US Inflation Cools, While Cuba's Crisis Deepens

Inflation in the United States cooled in January, while the US military completed a transfer of thousands of Islamic State detainees from Syria to Iraq, and Cuba grappled with fuel shortages exacerbated by the US blockade, according to reports released on February 13, 2026. The consumer price index rose by 2.4% over the 12 months to January, a slowdown from 2.7% the prior month, according to the Labor Department, as prices for energy and used cars dropped, according to BBC Business. Simultaneously, the US military transferred over 5,700 adult male IS suspects from Syrian detention facilities to Iraqi custody, a process that began on January 21, as reported by Sky News. Meanwhile, Cuba faced fuel rationing and disruptions to public services due to shortages, as reported by Euronews, with aviation authorities warning of limited jet fuel supplies.

The easing of inflation could influence the Federal Reserve's decisions regarding interest rates, potentially allowing them to cut rates without triggering a price increase, according to BBC Business. However, some analysts have cautioned that progress toward the Federal Reserve's 2% target could stall if companies pass on tariff costs or if labor shortages drive up prices.

The transfer of IS detainees to Iraq was conducted at the request of the Iraqi government, according to Sky News. The operation highlights ongoing efforts to manage the aftermath of the conflict in the region.

Cuba's fuel crisis has led to disruptions in public transport and reduced banking hours, as reported by Euronews. Mexico has pledged diplomatic efforts to help resume oil shipments.

In other news, German Chancellor Friedrich Merz called for the United States and Europe to repair and revive transatlantic trust during an address at the Munich Security Conference, according to Al Jazeera. Merz emphasized the importance of unity and the benefits of the US role in NATO.

The United Arab Emirates is also embracing artificial intelligence to streamline government services, as reported by Euronews. Speaking at the World Governments Summit in Dubai, Mohammed Bin Taliah, Chief of Government Services of the United Arab Emirates Government, highlighted the UAE's commitment to innovation in government technology.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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