Morning Wire Evening Wire: Putin Pushes Ukraine & Texas’ Democrat Dragnet | 8.12.25
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Aug 12, 2025 Tensions rise as Russia claims more territory in Ukraine ahead of a pivotal summit with Trump. Unexpectedly low inflation rates influence stock market dynamics. In Texas, dramatic political moves unfold as Democrats face arrest warrants for leaving the state. A recent shooting in D.C. prompts discussions on violence and public safety, while miraculous survival stories and Taylor Swift's new album announcement add a splash of optimism amidst the chaos.
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Russian Gains Ahead Of Summit
- Russian forces made a significant six-mile push in Donetsk, potentially tightening control before the upcoming U.S.-Russia summit.
- The advance could strengthen Moscow's bargaining position ahead of Trump's planned meeting with Putin.
Trump's Summit Strategy
- President Trump plans to press Vladimir Putin to end the war and may discuss territorial compromises.
- Trump signaled he could walk away quickly if no deal seems possible during their meeting.
Inflation Cools In July
- July's CPI showed cooler inflation than expected, with Core CPI at 3.1% annually and shelter costs driving increases.
- Energy fell and food stayed flat, prompting stock market gains on the report.