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US president offers assessment as he faces political pressure over Middle East

Plus, inflation, GDP and labour market figures, and earnings from UK utilities and US consumer goods groups

Measures on eve of second anniversary of Ukraine invasion target war effort and attempts to get round oil cap rules

Measures come on the eve of two-year anniversary of full-scale invasion of Ukraine

The US has been the biggest innovator in AI, but we’ve been slow to regulate it

President to meet top donors after issuing defiant message on national TV and in letter to Democrats in Congress

White House plans to use Defense Production Act to mitigate national security risks in powerful AI models

White House plans to use Defense Production Act to mitigate national security risks in powerful AI models

Also in today’s newsletter, IEA urges oil and gas companies to pay up for the energy transition

Sweeping reform offers route to eventual citizenship and protection from deportation for 500,000 people