#Russia Downs U.S. #Drone, U.S. #Economy Downgraded, and 30,000 #Evacuated in #California #shorts
The ratings firm, Moody’s, has downgraded the U.S. banking system to “negative,” following the collapse of two banks. The move complicates the Fed’s effort to fight high inflation with rate hikes, and casts doubt on the future of the U.S. economy.
The U.S. military accused Russia of a “brazen violation of international law,” claiming a Russian fighter jet clipped the propeller of an American drone flying over the Black Sea, forcing the U.S. to down the aircraft. Russia claims it did not hit the drone but admits its jets may have caused the drone to dive.
And nearly 30,000 people have been evacuated from flooded areas of California as the 11th “atmospheric river” since December ravaged areas of the state. Forecasters say the worst will come today.
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