There is so much going on, I’m just going to leave links to interesting news and view from various sources– There’s just too much happening.
*Inflation risk for this year
“Before the war, before we got the oil shock, I’ve been on the optimistic side of the rate — I believed rates could come down even multiple times in 2026,” Goolsbee said.
The energy shock “complicates that picture for me — that if we’re truly not going to see any improvement in inflation, to me that starts pushing these decisions off to 2027 at the earliest,” he said.
*Two US Military planes were shot down in separate incidents
Two US military planes were shot down in separate incidents on Friday, and while one crew member was rescued in Iran, the whereabouts of at least one other was unknown.
The incidents marked a dramatic escalation since the war began nearly five weeks ago.
It was the first time US aircraft had been downed in the conflict and came just two days after President Donald Trump said in a national address that the US has “beaten and completely decimated Iran” and was “going to finish the job, and we’re going to finish it very fast”.
*Iran rejects US proposal for a 48-hour ceasefire
Tehran: No truce in sight as long as US military operations continue
*Simple flying.com- A-10 Thunderbolt down- F-15 Strike eagle down
Here is a fact-based summary of the story contents:
The United States Air Force (USAF) lost an A-10 Thunderbolt II attack aircraft near the Strait of Hormuz, in an incident that occurred almost simultaneously with the shootdown of an F-15E Strike Eagle over Iran. The crash occurred amid a high-risk combat search and rescue operation conducted by the US Air Force for the downed F-15E crew.
According to The New York Times, US officials said the A-10 crash occurred around the same time an F-15E Strike Eagle was shot down over Iran. According to initial reports, the A-10 went down over waters near the Strait of Hormuz, one of the world’s most strategically important waterways. US officials confirmed that the pilot ejected and was recovered safely. However, the cause of the crash remains unclear, and it is not yet known whether the aircraft was shot down, suffered mechanical failure, or crashed after sustaining damage.
Trump expressed frustration over fighter jet downing
NBC News said that Trump complained about the coverage during an interview on Friday.
“In a brief phone interview, President Donald Trump refused to discuss the specifics of ongoing search and rescue efforts in Iran after an American jet was downed,” Garrett Haake wrote. “But he expressed frustration about some of the coverage of what is plainly an intense and sensitive rescue operation.”
Trump would rather lie
Iran hits Gulf refineries as the war wraps its 5th week
Blasts and sirens rang out across the Middle East from Iranian drones and missiles since overnight. Kuwait’s largest oil refinery was hit, setting some of its units on fire
The Brent crude oil price went up by almost 8% on Friday to around $109 per barrel. The war has also pushed up the cost of gas and fertilizer.
Russia pounds Ukraine with hundreds of drones, dozens of missiles
Hundreds of Shahed combat drones and dozens of missiles against our cities and towns,” Ukrainian President Volodymyr Zelenskyy wrote in a social media post after a telephone conversation with Pope Leo XIV. Zelenskyy said this was Russia’s response to his offer of a ceasefire over Easter, though churches in Ukraine, as in Russia, mark Easter next week, in line with the Orthodox calendar, on April 12. At least one person was killed and another injured in the area surrounding Kyiv. The attacks, carried out in broad daylight, also caused power cuts in the Ukrainian capital that is home to 3 million, plus in other areas, local electricity suppliers said. Earlier, the Ukrainian Air Force said the Russian military deployed more than 500 drones and 37 missiles overnight and during the day. Most of the missiles were intercepted in time, though there were strikes at 20 locations.
I think it was more than 500 drones..
Lastly;
Michael Hudson: World Will Not Be the Same After the Iran War