Axios

An Idaho man who volunteered to fight in Ukraine has died after suffering injuries earlier this month, the Associated Press reports.

The big picture: At least five Americans have died now during Ukraine's war with Russia. There have been at least 4,000 Americans who have volunteered to help Ukraine in the battle, according to the Washington Post.

A Russian missile strike attacked a power facility in Kyiv, the capital city of Ukraine, on Saturday, according to Ukrainian officials.

Why it matters: The strike will immediately impact Kyiv's energy supply, putting residents in a precarious position in which energy availability may be limited.

The White House is “deeply disappointed” Palestinian President Mahmoud Abbas told Russian President Vladimir Putin that he mistrusts the Biden administration, a spokesperson for the U.S. National Security Council told Axios.

Why it matters: Since assuming office, the Biden administration has resumed sending hundreds of millions of dollars in aid to the Palestinian people that was cut during the Trump administration.

An explosion in a Turkey coal mine left at least 40 dead people and nearly a dozen hospitalized, the Associated Press reports.

The big picture: Officials are still investigating the cause of the explosion, but initial reports suggest it may have been caused by methane in the coal mines, per Reuters.

Over his 10-year tenure, Chinese President Xi Jinping has turned the world's second-largest economy into a tool to project geopolitical power.

Why it matters: By making foreign access to the massive Chinese economy contingent upon toeing Chinese Communist Party lines, Xi has pressured companies and governments around the world to support Beijing's domestic and international political goals, while the Chinese government continues to commit human rights abuses.

President Biden authorized on Friday $725 million in aid to Ukraine as part of the U.S.'s latest defense package for Ukrainian forces fighting Russia's unprovoked invasion.

Driving the news: The memorandum comes after Russian President Vladimir Putin ordered deadly missile strikes across Ukraine this week, leading to explosions that killed at least 19 people. Even China and India, Russia's two biggest allies, have since called for de-escalation.

British Chancellor of the Exchequer Kwasi Kwarteng was fired on Friday as the government backed off of the tax-cutting plans he championed. The plan sent bond and currency markets reeling in recent weeks.

Why it matters: Britain's economic problems are unique in many ways. But recent events indicate that the world economy is entering a new phase, where deficits matter more and high inflation acts as a constraint on governments.

North Korea tested yet another ballistic missile on Friday, launched a barrage of rockets near the border with South Korea, and flew warplanes so close to South Korean territory that Seoul scrambled jets of its own in response, South Korea's military says.

Why it matters: North Korea is testing missiles at an unprecedented rate this year. U.S. and South Korean officials are still awaiting a seventh nuclear test, which they believe could take place at any time.

A pair of climate activists threw tomato soup on Vincent van Gogh's famous "Sunflowers" painting at the National Gallery in London on Friday, leading to arrests and minor damage to the frame of the painting.

Why it matters: Climate protesters in Europe have been attaching themselves to works of art, including famous paintings, for months to grab attention and raise questions about the value of life and art, according to the New York Times.

U.K. Prime Minister Liz Truss ousted finance minister Kwasi Kwarteng on Friday before scrapping a key part of a controversial economic package that roiled markets.

Why it matters: Truss and Kwarteng, who was the chancellor of the Exchequer, spent an immense amount of political capital attempting to implement their tax cut plan. She is now attempting to "reassure the markets of our fiscal discipline" and salvage her premiership.

Elon Musk said Friday that his company SpaceX can't "indefinitely" fund critical internet service in Ukraine through Starlink terminals.

Why it matters: The terminals have provided internet service for Ukraine's military and government officials, even as Russia's invasion has ravaged the country's infrastructure.