On Victory Day, Putin’s careful speech
During a speech in Red Square in Moscow yesterday, Vladimir Putin, the Russian president, pledged to continue the war in Ukraine, but refused to ask for further sacrifices or mobilisations, did not threaten a nuclear attack and did not make strong statements about one was with the West. Follow the latest war updates.
The Russians could continue to live their lives, Putin said, as the Russian military would continue to fight to free Ukraine, in his false saying, from “torturers, death squads and Nazis”. The only political announcement made in his speech was a decree to provide further aid to the children of killed and wounded soldiers.
While polls show broad support in Russia for the war, there appears to be concern in the Kremlin that support is not profound. Although more than 15,000 Russians were arrested during anti-war protests at the start of the war, the vast majority remained silent. Western sanctions have hit the Russian economy, but it has not collapsed, allowing many people to live largely as they did before the invasion.
Analyses: Putin’s speech was particularly subdued compared to the fiery rhetoric he has espoused on other occasions in the past two months. “He has developed a certain sense of what is and is not possible,” said Gleb Pavlovsky, a former adviser to the Russian leader.
In other news from the war:
The stock market crash continues
The decline of Wall Street stretched to a sixth week yesterday, between new Chinese export data and concerns about a global economy that has been hit by high inflation, rising interest rates and a malfunctioning supply chain. The S&P 500 fell 3.2% and the oil price fell more than 6%. Equities in Europe and Asia also plummeted.
The drop has stocks approaching a bear market, Wall Street’s term for a drop of 20 percent or more from their recent highs. Investors have many reasons to back off: Rising prices and higher interest rates are sure to hurt consumption in the US, while the war in Ukraine and the blockade in China are hindering global supplies and exacerbating inflation.
Few of these concerns are likely to be resolved anytime soon. The Federal Reserve, which raised its benchmark interest rate by half a percentage point last week, is expected to continue raising rates until it is confident that consumer prices are finally under control, which investors fear will result. in an economic crisis.
Rising prices: Annual inflation hit 8.5% in March, the fastest pace in over 40 years, with fuel and food prices driving prices up. Economists expect price increases to slow slightly when April consumer price index data is released later in the week.
Another Marcos at the helm of the Philippines
Ferdinand Marcos Jr., son and namesake of the former Philippine dictator, appeared sure to win the country’s presidential election last night, with more than double the votes of his closest rival, Leni Robredo. The margin of victory is likely to be the largest in a presidential race in the Philippines since Marcos’ father was ousted in 1986.
Since the 1990s, Marcos has worked to rehabilitate the family name and chart his own rise to political influence, conquering key leadership roles at the state level before entering national politics as a senator in 2010. His vice president is likely to be Sara Duterte, the daughter of Rodrigo Duterte, the leader of the departing strongman, who remains largely popular.
In these elections, Marcos won the support of millions of voters who became disillusioned with the type of democracy in their country and the inability to meet the basic needs of its people. The result marked a remarkable awakening for a family once forced into exile and raised profound questions about the future of Southeast Asia’s oldest democracy.
predecessor: Opponents of Marcos fear that as president he will deepen the culture of impunity enshrined in Rodrigo Duterte, who worked to allow for a return of Marcos. Marcos said he will try to protect the former leader from international prosecution.
In December, photographer Noa Avishag Schnall set out on a 2,600-mile road trip along the Arabian coast, from the Yemeni border to the Strait of Hormuz. Here’s what he saw.
Yuri Averbakh, a great Russian chess master who was among the best players in the world for a decade, he died on Saturday at the age of 100.
ARTS AND IDEAS
Staying grounded in a fast-paced world
Shunmyo Masuno is a Japanese monk and garden designer who recently published the book “Don’t Worry”. Masuno spoke to Dani Blum, a reporter for the Times, about how he is find peace in the daily chaos.
For Masuno, it all depends on how you start your day. She wakes up early, he says, but no also soon, which he describes as “a burden”. About half an hour before the usual wake-up time could be a great place to start. “The trick to feeling better all day and a sense of fulfillment is growing soon,” he told him.
After that, take 10 minutes to clean, designating a different area for each day, perhaps the kitchen on Monday or the hallway on Tuesday. By carving out that extra time for yourself, she said, you can check something off your to-do list right away. “You’ll feel good once you get it refreshed,” he said. That way, he added, you won’t need to undergo a more substantial cleaning over the weekend.
Finally, a morning meditation helps him adjust to the needs of the day, including paying close attention to his breathing to promote “inner calm” and focus. As you inhale, imagine the fresh air flowing into your lungs.