- Reuters
Ukrainian gunners finally get shells to stop Russians near Kharkiv
Ukrainian servicemen operating a howitzer in Kharkiv region near the Russian border work around the clock to stop an incursion by Moscow's troops, and they are finally getting the shells to do it. Ukraine's defenders were hamstrung for months by shortages of artillery shells and other weapons as U.S. Congress held up billions of dollars worth of military aid. As the lawmakers in Washington argued, Russia's forces pressed their advantage on the frontlines, pushing forward on the eastern front.
- The Telegraph
Ireland set to recognise state of Palestine on Wednesday
Ireland is expected to move on recognising Palestinian statehood on Wednesday, it has been reported.
- Yahoo Finance Video
Summer travel: How the consumer is feeling
The start of summer brings with it many things: warm weather, summer break, and, for many, travel. Yahoo Finance sat down with experts and executives in the travel industry to discuss how the consumer is feeling about the summer travel season. “Travel still seems to be healthy and moving forward,” Priceline CEO Brett Keller explains. “Travel has historically been a highly prioritized part of the consumers’ budget. And so, we continue to see that now,” as pullbacks are present in areas like some commodities and hard goods. Hopper Lead Economist Hayley Berg notes the “generational shifts in how people are thinking about paying for these bigger ticket items.” Many Gen Z and millennials are “expanding their travel wallets,” as over 30% of Gen Z and millennials are using alternate payment methods, like buy now, pay later, for travel purchases. “Customer demand is holding up” Priceline CEO Brett Keller says, largely due to the price of airline tickets “being down year over year by as much as 15%. And that’s really helping… to spur more airline traffic.” In the hotel industry, “hotels have been able to keep their prices higher,” Keller notes, as “capacity continues to be added at a very slow and steady pace... so there’s not a lot of new opportunity for hotels.” This post was written by Mariela Rosales.
