The European Union marks its annual Europe Day on Thursday, but instead of the humdrum celebrations, all eyes are on the EU elections in a month's time, which portend a steep rise of the extreme right and a possible move away from the bloc's global trendsetting climate policies.

After decades in which the EU elections hardly caused a ripple, the June 6-9 voting is the most important in memory. It is being held at a time of continuous crises on a continent which is experiencing a war in Ukraine, climate emergencies, a shifting of geopolitical plates and fundamental questions on the reach and purpose of the EU itself.

Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note in circulation by five — to 10,000 pesos, worth about $10.

The central bank announcement Tuesday promised to lighten the load for many Argentines who must carry around giant bags — occasionally, suitcases — stuffed with cash for simple transactions. Argentina's annual inflation rate reached 287% in March, among the highest in the world.

U.S. President Joe Biden has laced into Donald Trump over a failed project in the previous administration that was supposed to bring thousands of new jobs into southeastern Wisconsin and trumpeted new economic investments under his watch that are coming to the same spot.

That location in the battleground state will now be the site of a new data center from Microsoft, whose president credited the Biden administration's economic policies for paving the way for the new investments. For Biden, it offered another point of contrast between him and Trump, who had promised a $10 billion investment by the Taiwan-based electronics giant Foxconn that never came.

As it targets Hamas' underground tunnels in Gaza, Israel has relied on powerful 2,000-pound bombs provided by the United States. But now those deliveries are on hold.

The U.S. is pausing a shipment of 1,800 of the bombs, as well as 1,700 500-pound bombs, U.S. officials said. The decision comes as Israel is planning an assault on the southern Gaza city of Rafah in an attempt to root out the final elements of Hamas.

Nissan's profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday.

Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan Motor Co. said.

Chinese President Xi Jinping received a ceremonial welcome in Hungary's capital on Thursday ahead of a day of talks with Hungarian officials which are expected to result in further Chinese investments in the Central European country.

Hungarian President Tamás Sulyok received Xi in an opulent courtyard of Budapest's Buda Castle, where the two men walked down a red carpet beside a ceremonial honor guard and listened to the Chinese and Hungarian national anthems.

Forecasters warned a wave of dangerous storms in the U.S. could march through parts of the South early Thursday, after storms a day earlier spawned damaging tornadoes and massive hail, leaving two dead in Tennessee and one dead in North Carolina.

The storms continue an outbreak of torrential rain and tornadoes that has cut across the country this week, from the Plains to the Midwest and now the southeastern U.S. At least four people have died in storms since Monday.

Tens of thousands of displaced and exhausted Palestinians have packed up their tents and other belongings from Rafah, dragging families on a new exodus.

The main hospital has shut down, leaving little care for people suffering from malnutrition, illnesses and wounds.

A shipment of humanitarian aid has left a port in Cyprus and is on its way to the U.S-built pier in Gaza, the first delivery to the newly built ramp, Cyprus' foreign minister said Thursday.

The U.S. vessel, loaded with much needed humanitarian assistance, departed from the Larnaca port with the aim of transferring as much aid to Gaza as possible through the maritime corridor, said Foreign Minister Constantinos Kombos.

Yemen's Houthi rebels on Thursday claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage. Meanwhile, an adviser to Iran's supreme leader again threatened that Tehran could build a nuclear weapon if it chose to pursue atomic armaments.

The comments by Yemeni military spokesman Brig. Gen. Yahya Saree and former Iranian Foreign Minister Kamal Kharrazi come as the allies of Hamas continue to pressure Israel over its continuing war on the militant group in the Gaza Strip.