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Central and Eastern Europe buck continent's economic stagnation

Dion Rabouin, author of Markets

Overall growth in the big, developed eurozone markets has been stunted at around 1% or less for much of the year, and the bloc may even fall into recession this year, but Central and Eastern Europe's economies have been growing significantly, recent research from Capital Economics shows.

The winners: Romania's construction boom and strong consumer spending have helped put GDP growth on pace for 6%; Poland's GDP is expected to grow at around 5% this year; and Hungary is benefiting from strong industrial production and retail sales growth, helping its economy expand at nearly 5%.

Go deeper: Eastern Europe is shrinking before our eyes

Go deeper

Ivana Saric
17 mins ago - Politics & Policy

CDC: Half of US adults have received one COVID-19 vaccine dose

Data: CDC; Chart: Axios Visuals

Half of US adults have received at least one dose of the COVID-19 vaccine and about a third are fully vaccinated, according to new data from the Centers for Disease Control and Prevention.

Why it matters: COVID-19 cases and hospitalizations are still on the rise, CDC director Rochelle Walensky said during Friday's White House COVID-19 briefing. With cases in many states being driven by variants, public health officials have emphasized the need to ramp up vaccinations.

Go deeper (<1 min. read)Arrow
Barak Ravid, author of from Tel Aviv
2 hours ago - World

Israeli intel agencies believe Vienna talks will lead to U.S. return to Iran nuclear deal

Photo: DEBBIE HILL/AFP via Getty Images

Israeli military intelligence and senior officials in the Mossad briefed a meeting of the nation's security cabinet that talks in Vienna between Iran and other world powers will lead to the U.S. returning to the 2015 nuclear deal, two officials who attended the meeting told me.

Why it matters: The Israeli government is very concerned about a U.S. return to the nuclear deal and is trying to convince the Biden administration not to take the pressure off the Iranian regime.

Go deeper (1 min. read)Arrow
Ivana Saric
2 hours ago - Politics & Policy

Latino community of 13-year-old killed by police in Chicago reels after shooting

A small memorial of flowers and candles to Adam Toledo in Chicago. Photo: Kamil Krzaczynski/Getty Images

Residents of Little Village, a well-known and predominantly Latino neighborhood in Chicago, are grieving the death of Adam Toledo, a 13-year-old Mexican American boy from the neighborhood who was shot and killed by a police officer on March 29, NBC News reports.

Why it matters: Adam Toledo's killing shines a spotlight on police shootings of Latinos, who are killed by law enforcement at the second-highest rate after Black Americans, according to data from the Washington Post.

Go deeper (1 min. read)Arrow