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LODZ, Poland (AP) — A security organization born in the Cold War to maintain peace in Europe ended a high-level meeting Friday without a final resolution, underlining the existential crisis it is facing amid Russia’s war against Ukraine. The war launched by one member of the Organization for Security and Cooperation in Europe against another has created hurdles for the 57-nation group. It makes decisions based on the consensus of all members, which rendered it impossible for the vast majority that condemn the war to get through a final resolution opposing Russia’s aggression. Running through the two-day meeting of foreign ministers and other representatives, the OSCE’s first such high-level meeting since the Feb. 24 invasion, was the question of how it can continue to function without consensus from Russia and its ally Belarus, which say they have been unfairly isolated. “I have no doubts that in the next few years it will be extremely difficult for this organization to deliver on its mandate,” Polish Foreign Minister Zbigniew Rau said at a concluding news conference. Poland currently holds the organization’s rotating chair.
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"Stocks are opening lower and Treasury yields are snapping higher after the government reported that wages for U.S. workers are accelerating faster than expected. Friday’s report raised concerns that inflation may prove to be even stickier than feared, which could hinder the Federal Reserve from easing back on its big interest-rate hikes. The higher rates are meant to fight inflation by putting the brakes on the economy. The S&P 500 fell 1%. The yield on the two-year Treasury, which tends to track expectations for future Fed action, spiked to 4.36% from 4.19% just before the jobs report was released.THIS IS...