Illustration: Sarah Grillo/Axios
Ruby Tuesday, a casual restaurant chain owned by NRD Capital Management, filed for Chapter 11 bankruptcy protection.
Why it matters: It highlights how restaurants continue to be in crisis, with little federal help on the horizon. Not just casual chains like Ruby Tuesday, which was already struggling pre-pandemic, but also independent joints that had been hoping for help via a federal stimulus that President Trump just bailed on.
Illustration: Sarah Grillo/Axios
Volunteer fighters in Stepanakert, the capital of Nagorno-Karabakh. Photo: Aris Messinis/AFP via Getty Images
A U.S.-brokered ceasefire between Armenia and Azerbaijan in the disputed territory of Nagorno-Karabakh crumbled within hours on Monday, leaving the month-old war rumbling on.
Why it matters: Nearly 5,000 people have been killed, according to Vladimir Putin’s rough estimate, including more than 100 civilians. Between 70,000 and 100,000 more are believed to have fled the fighting.
Climate protest in Tokyo in November 2019. Photo: Carl Court/Getty Images
Japan's new prime minister said on Monday the nation will seek to become carbon neutral by 2050, a move that will require huge changes in its fossil fuel-heavy energy mix in order to succeed.
Why it matters: Japan is the world's fifth-largest source of carbon emissions. The new goal announced by Prime Minister Yoshihide Suga is stronger than the country's previous target of becoming carbon neutral as early as possible in the latter half of the century.