Are the surprise airfield attacks a turning point for Ukraine?

Paul Adams Diplomatic correspondent Reporting fromKyiv, Ukraine SBU A screengrab of some of the drone footage released by Ukrainian authorities on Wednesday Three days on, and Ukraine is still digesting the full implications of Operation Spider’s Web, Sunday’s massive assault on Russia’s strategic aviation. On Wednesday, the agency which orchestrated the attack, the Security Service…

DGCA conducts safety inspections of Turkish Airlines flight

India’s civil aviation regulator has conducted safety-related inspections of Turkish Airlines’ passenger and cargo flights at Delhi, Hyderabad, Chennai, and Bengaluru. Accordingly, the Directorate General of Civil Aviation (DGCA), in accordance with ‘Article 16’ of the ‘Convention’ on International Civil Aviation (ICAO), conducted a ‘Safety Oversight and Ramp’ (SOFA/RAMP) inspection of these flights. In a…

What Moody’s US Credit Downgrade Means for You

On May 16, Moody’s Ratings downgraded the US government’s long-term issuer and senior unsecured ratings from Aaa (the highest possible rating) to Aa1 and revised the outlook to stable from negative. The rating agency cited the likelihood of “persistent, large fiscal deficits [that] will drive the government’s debt and interest burden higher” due to deficits…

The Rent IS Too High: Blame Zoning and Supply Caps, Not Rental Apps

Despite occasional political friction, the United States and Canada remain deeply intertwined economically and culturally. Their similarities make them ideal for comparison — especially when investigating the causes of rising rents and housing prices, which have surged in lockstep in both countries. Between 2019 and 2024, Canada’s median home price skyrocketed 45 percent to CN…

The Economic Tradeoffs of Property Tax Reform

How do property taxes work in the United States, and what are their economic consequences? This AIER Explainer explores how property taxes are enforced, how much revenue they generate, the debate among economists about whether property taxes are “good” taxes, and steps lawmakers can take to keep property tax burdens reasonable. What Property Taxes Are…