 Russian missile strikes killed at least seven people, including one child, in the western Ukrainian city of Lviv. Three of the strikes in Lviv, which had not been heavily targeted until now, damaged military infrastructure, according to regional Ukrainian forces in the city. More: - Russian authorities claimed they struck Ukrainian military sites in the eastern Kharkiv, Zaporizhzhia, Donetsk, and Dnipropetrovsk regions overnight.
- The Russian military seized control of Kreminna, a town in the eastern Luhansk region, a Ukrainian military commander said.
- Ukrainian President Volodymyr Zelensky spoke with the International Monetary Fund on Sunday to discuss plans for rebuilding Ukraine after the war.
- Ukrainian officials are expected to attend IMF and World Bank meetings in Washington, D.C. later this week.
- Zelensky said Ukraine would not agree to give up territory in eastern regions to end the war.
- Moscow Mayor Sergey Sobyanin said in a blog post that ~200,000 people may lose their jobs due to the departure of foreign companies from Russia.
- Sobyanin said that 3.36B rubles ($41M) would be allocated to support the recently unemployed.
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 U.S.-made steel & iron must be used in projects funded by the $1T infrastructure package, according to a new federal mandate. Under the rules, new bridges, roads, water pipes, and telecommunication infrastructure financed by the package must use materials produced in the U.S. More: - Companies can apply for waivers if U.S. materials are too expensive or in short supply.
- The federal government said that waivers should decrease over time, as domestic production capacity increases.
- The goal is to boost the U.S. manufacturing sector and decrease imports from China.
- Celeste Drake, director of Made in America at the White House Office of Management and Budget, said that the guidance would create "opportunities for good jobs in the manufacturing sector."
- Drake said that the new guidelines would also help create jobs and ease supply chain constraints.
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 Hundreds of French students protested against the two candidates who will face each other in the next round of the country's presidential election. Incumbent president Emmanuel Macron and far-rightist Marine Le Pen made it to the second round, leaving a difficult choice for the left-leaning students. More: - Paris police reported multiple blockades and clashes at universities across the city.
- Outside Sorbonne University, a banner read: "Sorbonne occupied against Macron, Le Pen, and their world."
- Many of the students were likely supporters of left-wing radical candidate Jean-Luc Melenchon, who finished the first round of the election just one percentage point behind Le Pen.
- After his loss, Melenchon told his supporters not to vote for Le Pen in the second round. However, he did not urge them to vote for Macron.
- According to a poll, 66% of Melenchon's supporters would abstain from voting in the final round, while the rest said they will likely vote for Macron.
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 GOOD NEWS: Betty Reid Soskin, America's oldest active National Park Ranger, has retired at age 100. Soskin was actively involved in bringing the Rosie the Riveter National Historical Park to the city of Richmond, California; it was there that her retirement party took place last weekend. More: - "To be a part of helping to mark the place where that dramatic trajectory of my own life, combined with others of my generation, will influence the future by the footprints we've left behind has been incredible," Soskin said at her retirement party.
- Soskin, who started working as a Park Ranger when she was in her 80s, led public programs at Rosie the Riveter for more than 15 years.
- She has long tried to increase awareness about the history of African-Americans on the home front during WWII.
- She worked as a shipyard clerk during the war, serving in an all-Black auxiliary lodge.
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 RJ Scaringe, the CEO of EV startup Rivian, said that the auto industry faces a looming shortage of materials to produce electric batteries. Future shortages will be caused by mining, processing, and manufacturing challenges, Scaringe said. More: - Shortages will undermine battery manufacturing over the next two decades, just like semiconductor shortages are now forcing multiple companies to wind down output, Scaringe said.
- "All the world’s cell production combined represents well under 10% of what we will need in 10 years... Meaning, 90% to 95% of the supply chain does not exist," Scaringe said.
- Rivian had an initial public offering (IPO) last year that raised $12B for the company, briefly elevating its valuation above that of Ford and GM despite Rivian's limited production thus far.
- Rivian in March said it would cut its 2022 production to 25,000 cars, about half the number of vehicles it expected to make, due to limited access to parts and materials.
- Amazon, an investor in Rivian, has a deal to buy 100,000 battery-powered delivery vans from Rivian.
- The company aims to deliver the vehicles by 2025.
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Infowars, the far-right conspiracist media company led by Alex Jones, filed for voluntary Chapter 11 bankruptcy. The filing comes after Jones was found liable for damages related to his false claims that the 2012 Sandy Hook shooting was a hoax. More: - Jones' supporters waged a campaign of harassment against the parents of children killed at Sandy Hook, claiming that they were "crisis actors" and that the shooting had not really taken place.
- In 2018, six families of Sandy Hook victims — plus an FBI agent who responded to the attack — sued Jones for defamation for spreading the false claims.
- In a deposition, Jones acknowledged that the deaths were real and said he had suffered from "almost like a form of psychosis" in which he "basically thought everything was staged."
- The 13 plaintiffs declined Jones' offer to pay $120,000 to each of them.
- In court documents, the plaintiffs said the offer was a "transparent and desperate attempt by Alex Jones to escape a public reckoning under oath with his deceitful, profit-driven campaign against the plaintiffs and the memory of their loved ones lost at Sandy Hook."
- According to court filings, Infowars has less than $50,000 worth of assets and between $1M and $10M of liabilities.
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- The Phoenix Suns beat the New Orleans Pelicans 110-99 and the Boston Celtics beat the Brooklyn Nets 115-114 in the first round of the NBA playoffs.
- The Biden Administration and its Democratic allies in Congress are expected to propose a new version of the Build Back Better social spending bill that they failed to pass in late 2021. A key focus is winning the support of Senator Joe Manchin (D-WV), who blocked the passage of the package last year.
- The South African government deployed 10,000 troops to assist with humanitarian work in the KwaZulu-Natal province after rains, floods, and mudslides killed more than 440 people last week.
- The Florida Department of Education rejected 54 of 132 proposed math textbooks for next year's school curriculum, citing references to critical race theory, "inclusions of Common Core, and the unsolicited addition of Social Emotional Learning (SEL) in mathematics" as reasons for the rejections.
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 City of Drawers by Salvador Dali. 1936
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UPCOMING EVENTS - April 20 - AMA on Building a Cannabis Business with Sam Houston, Founder of CannaBuzz (Register Here)
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- May 18 - Need To Know NoCoder: Jatin Arora (Utilize) (Register Here)
- May 19 - Understanding Fractionalization (Register Here)
- May 24 - Meet Our Fund 3 (Register Here)
- May 31 - Ethereum Merge with Anthony Donofrio (Ethereum) (Register Here)
- June 01 - Selling Consumer Goods in Web3 (Register Here)
- June 09 - Empowering Content Creators with No Code (Register Here)
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 |  | Daniel Smith is an Inside Analyst who currently resides in Miami, Florida. A native of Brooklyn, New York, Daniel spent the last four years as a PhD candidate in Politics and International Studies at Cambridge University in the United Kingdom. He is fascinated by tech, business, politics, venture capital, and everything in between. When he’s not writing for Inside he can be found kicking a ball on the nearest rugby pitch. Follow him on Twitter @DanSmithInside. |  | | Editor | Eduardo Garcia is a writer and editor based in New York. He is writing an illustrated book about climate change that will be published by Ten Speed Press, an imprint of Penguin Random House. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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