Ukraine Says Graves and ‘Torture Centers’ Found in Recaptured East

"After recovering swathes of territory in a lightning counter-offensive in the east, the
Ukrainian authorities also said they had discovered at least 10 "torture centers" around the Kharkiv region. Police chief Igor Klymenko said two of the sites were found in northeastern Balakliya.

Ukrainian officials said some 450 graves had been counted at a single site near Izyum." MT

Russian City Deputies Petition for Putin Resignation

"Dozens of municipal deputies from Moscow and St. Petersburg have called on President
Vladimir Putin to resign in an open letter published Monday. 

The call for the Russian president to step down comes amid claims of vote rigging in this weekend’s local and regional elections as well as a massive advance by Kyiv’s forces that marked the biggest setback yet for Moscow’s invasion of Ukraine." MoscowTimes

Russia-Installed Officials Killed in Occupied Ukraine

"A bomb explosion has killed the prosecutor general of eastern Ukraine's self-proclaimed
Luhansk People's Republic (LNR) and his deputy, pro-Moscow officials said.

"Today, Prosecutor General Sergei Gorenko and his deputy Yekaterina Steglenko died as a result of a terrorist act," the press service of LNR head Leonid Pasechnik said on Telegram." MT

Futures Crater As Fedex Ushers In The Global Recession On $3.2 Trillion Triple Witch Day

"Another day, another selloff, this time one driven by a catastrophic repricing by Fedex, which
has plunged by the most ever this morning, down 20% and losing over $11BN in market cap......with equities extending declines with an index of global stocks on track for the worst week since June....edEx (FDX US) shares plunged 20% in US premarket trading after the package delivery giant pulled its fiscal 2023 earnings forecast, triggering a raft of downgrades from analysts, including at KeyBanc and JPMorgan. Amazon (AMZN US) and UPS (UPS US) also fell." ZH

A Stunned Wall Street Reacts To Fedex's Biggest Plunge Ever

"Fedex shares have plunged 21% in premarket trading, its biggest drop on record.....and - as usual on Wall Street - the move has triggered an avalanche of downgrades from countless banks such as Bank of America, Stifel, JP Morgan and KeyBanc... banks who are supposed to predict the move not react to it, and yet despite the biggest drop ever, there is still just one sell rating!" ZH

We're Going Into A Worldwide Recession, FedEx CEO Warns "Numbers Don't Portend Very Well"

"Following FedEx's ugly pre-announcement, CEO Raj Subramaniam, went further into the

drivers behind his company's decision to pull guidance during an interview with Jim Cramer of CNBC.

“I think so. But you know, these numbers, they don’t portend very well,” Subramaniam said in response to Cramer’s question about whether the economy is “going into a worldwide recession.”

FedEx’s top executive, who took over the role at the beginning of this year, said that declining worldwide cargo volumes were the primary factor in the company’s unsatisfactory performance." ZH