🕊️ U.S. and Russia talk peace as missiles slam into Kyiv
U.S. and Russian officials met in Abu Dhabi for rare peace talks on the war in Ukraine while Russia launched one of its heaviest missile and drone attacks on Kyiv in months. The talks test whether Moscow is serious about ending the conflict and raise concerns in Ukraine and Europe that any deal could pressure Kyiv to accept a loss of territory.
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📉 India’s Russian oil imports to fall sharply in December as sanctions bite
India’s import of crude oil from Russia is expected to hit its lowest level in at least three years in December after recent Western sanctions and bank scrutiny made Indian refiners cautious. This shift will affect global oil flows, tighten fuel supply options for India and add pressure on both Russian producers and global energy markets.
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🌾 U.S. signals new farm aid and fresh Chinese soybean buys
The U.S. Department of Agriculture says it expects to roll out a new aid package for American farmers within about two weeks, alongside a deal for China to step up its purchases of U.S. soybeans. If it comes together, the plan could help steady farm incomes, ease some U.S.–China trade tensions and bring a bit more stability to global food markets.
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🏥 Obamacare subsidy delays push some Americans to skip coverage
A Reuters analysis found that many Americans who expected new Affordable Care Act subsidies, often called Obamacare subsidies, are delaying or dropping health insurance because they are unsure what help they will actually receive. The hesitation comes as premiums rise and could leave more people uninsured or facing large medical bills if they get sick or injured.
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💵 Inflation has slowed, but household income growth is still lagging
A new study from the JPMorgan Chase Institute finds that, after several years of high prices, U.S. household income growth has fallen back to a pace similar to the slow recovery after the 2008 financial crisis. That means many families are still feeling squeezed, with paychecks not stretching as far as they used to just as holiday spending ramps up.
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👋 Those are today’s News Vitals. This was written by AI with human oversight. We strive for accuracy, but mistakes can happen, so please double-check important info. See you next time.