Portal:Current events/2022 May 4

May 4, 2022 (Wednesday)

Armed conflicts and attacks

Russo-Ukrainian War
- 2022 Russian invasion of Ukraine
  - Siege of Mariupol
    - The Associated Press confirms that approximately 600 people died in the Mariupol theatre airstrike. (AP)
    - Russian forces bombard the Azovstal steel works plant in Mariupol with thermobaric missiles. Mariupol mayor Vadym Boychenko confirms that contact has been lost with Ukrainian soldiers trapped inside the plant. (Mirror)
    - Ukraine confirms that Russian troops have entered the steel works plant after launching "an all-out assault". (BBC News)
Finland says that a Russian Air Force Mi-17 violated its airspace this morning, flying "four to five kilometres" inside Finnish airspace. The incursion comes ahead of an expected Finnish application to join NATO. (RTÉ)

Business and economy

International sanctions during the 2022 Russian invasion of Ukraine
- The European Union proposes to ban all oil imports from Russia by the end of the year, and also remove Russia's biggest bank, Sberbank, from SWIFT. (CNN)
2021–2022 inflation surge
- The United States Federal Reserve announces that it is raising interest rates by 0.5%, which is the largest interest rate hike since 2000, in order to combat growing inflation. (CNN)

Disasters and accidents

Twenty-six people are killed when a minibus, a bus and a fuel truck collide with each other in Rivne Oblast, Ukraine. (Reuters)
Twenty people are killed when a bus crashes into a tea estate in Fort Portal, Uganda. (AP)

International relations