Weaponizing Food — and Wombs

President Biden invoked the Defense Production Act to tackle the nationwide baby formula shortage. The World Bank offered $30 billion to ease the global food crisis sparked by the war in Ukraine. Belarus is threatening opposition leaders with the death penalty for “attempted terrorism” against its authoritarian regime. And U.S. stock markets had their worst day since 2020, as retailers struggle with rising costs and slumping sales. All this and more in today’s PDB.