The European Central Bank raises interest rates by 0.5 percentage points for the first time since 2011 in order to combat inflation in the EU which increased to 8.6% last month.
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July 21, 2022 (Thursday)
1.7 minutes to read
Business and economy
The central bank of Japan raises its inflation forecast and reduces fiscal year expectations while maintaining ultra-low interest rates, saying that the economy was primarily impacted by the COVID-19 pandemic in Japan.
Disasters and accidents
Taiwan reports a record temperature of 40.7 °C (105.3 °F) in Yuli. However, this measurement is not officially recognized by Taiwanese authorities because it was reported by an automated station.
Health and environment
The monarch butterfly is added by the International Union for Conservation of Nature to its endangered species list because of rapidly decreasing population numbers.
The United States reports its first case of polio since 2013 in an unvaccinated person from Rockland County, New York.
An An, the world's longest-living male giant panda under human care, dies at Ocean Park Hong Kong aged 35. An An was a key part of the conservation activities for giant pandas.
Law and crime
A police officer, a civilian, and 16 suspected gang members are killed during an operation against organized crime in a favela in Rio de Janeiro, Brazil.
A man attempts to stab Lee Zeldin, a U.S. Representative and the Republican Party nominee in the upcoming New York gubernatorial election, during a campaign event in Perinton, New York, United States. Zeldin is not hurt during the incident, and the man is taken into custody.
The Ministry of Justice of Russia opens a court case to close the Jewish Agency for Israel, the main agency allowing the aliyah of Jews to Israel. Israel condemns the court case, claiming it is a response to Israel's stance on the 2022 Russian invasion of Ukraine.
Politics and elections
Mario Draghi resigns as Prime Minister of Italy. President Sergio Mattarella accepts Draghi's resignation.
Mattarella dissolves the Parliament of Italy, calling for a snap parliamentary election.
Droupadi Murmu is elected as the new president of India, making her the first female from a scheduled tribe to be elected to the post.
Former President Lula da Silva is nominated by the Workers' Party to run in the upcoming presidential election.
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