US producer prices rise 2.6% annually with slight 0.1% monthly increase in May
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
Ukraine has launched its most extensive drone strike of the war, targeting multiple Russian air bases in a coordinated operation that President Volodymyr Zelenskyy hailed as a “brilliant” and unprecedented blow to Moscow’s strategic aviation forces.
Ukraine has launched its largest drone operation to date, striking deep into Russian territory and damaging dozens of aircraft in what Kyiv describes as a major milestone in its evolving drone warfare capabilities.
The operation—codenamed Spider’s Web—was conducted by Ukraine’s domestic security agency, the SBU. According to Ukrainian officials, more than 100 drones were used to attack four separate Russian air bases, resulting in the destruction or damage of at least 40 warplanes, including strategic cruise missile carriers. The estimated cost of the damage inflicted is around $7 billion.
President Volodymyr Zelenskyy hailed the attack as a "brilliant operation" during his nightly address on Sunday. “Planning, all the details were executed ideally,” Zelenskyy said. He revealed that the mission was carried out near an FSB department, and that Ukrainian operatives working on the ground in three Russian time zones were safely extracted after the mission.
Images released by the SBU show quadcopter drones hidden inside wooden sheds with retractable metal roofs, enabling remote launches close to target airfields. Ukrainian sources confirmed that these drone containers were covertly transported and activated by remote control.
Russia has confirmed drone strikes in five regions but labeled the incident a “terrorist act.” The scale of the damage, however, marks the most significant Ukrainian drone attack since the full-scale war began in 2022.
In a parallel escalation, Ukraine also reported a large-scale overnight Russian assault involving 472 drones and seven ballistic and cruise missiles across Ukrainian territory.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
Mexican President Claudia Sheinbaum has openly expressed her opposition to labeling migrant workers as criminals during a high-level meeting with U.S. Deputy Secretary of State Christopher Landau.
Tensions between the U.S., Israel, and Iran are nearing a critical point as President Trump warns that an Israeli strike on Iran "could very well happen," while still expressing hopes for a peaceful resolution over Tehran’s nuclear ambitions.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
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