By The Smartencyclopedia Staff Writer with Agencies
War in Gaza
A United Nations inquiry has determined that both Israel and Hamas committed war crimes in the early stages of the Gaza conflict. The report also concluded that Israel’s actions amounted to crimes against humanity due to the significant civilian casualties incurred. The situation remains tense as a US-brokered ceasefire plan hangs in the balance, with neither side publicly committing to the proposal. Bureau Chief James Mackenzie provides the latest updates on today’s Reuters World News podcast.
War in Ukraine
Russian missile and drone strikes hit Ukraine early today, igniting a fire at an industrial facility, damaging homes, and injuring several people across six regions, according to local authorities. Power outages are increasingly common in Kyiv, reminiscent of the harsh winter of 2023, as Russia continues to target the country’s energy infrastructure.
Other News
US President Joe Biden is en route to Italy for a G7 summit, where leaders are expected to discuss various global issues amidst personal and national challenges. Biden’s trip follows the conviction of his son, Hunter Biden, for lying about his illegal drug use to purchase a firearm.
In France, President Emmanuel Macron’s snap election gamble has stirred controversy within his party. Meanwhile, the conservative Republicans face internal strife after their leader called for an alliance with the far-right National Rally.
China is experiencing record-high temperatures in the north and central regions this week. A severe drought in the east threatens crops, as Asian countries brace for another season of extreme weather.
Business & Markets
- US Inflation: Anticipation builds as US inflation data is set to be released this morning ahead of the Federal Reserve’s meeting. Markets expect the Fed to maintain current interest rates, focusing on economic projections instead.
- EU Duties on Chinese EVs: The European Commission has announced provisional duties on Chinese electric vehicle imports, up to 38.1%, potentially triggering retaliation from China.
- US Sanctions on Russia: The US plans to extend sanctions on semiconductor chips and other goods to Russia, targeting third-party sellers in China.
- China’s Economic Challenges: Consumer inflation in China remained steady in May, while producer price declines eased, indicating Beijing might need to bolster domestic demand and economic recovery efforts.
- Apple: Achieving a brand value of over $1 trillion, Apple saw a 15% increase from last year. The tech giant recently introduced new AI features.
- Elon Musk: The billionaire has dropped his lawsuit against OpenAI and its CEO, Sam Altman, regarding the startup’s mission focus.
Entertainment
K-pop Star Jin, the eldest member of BTS, has completed his mandatory military service in South Korea. His return marks a significant moment for the band, which has been on hiatus due to members fulfilling their national duties. “I cried during the ceremony,” Jin said, reflecting on his discharge after 18 months of service.
Stay tuned for more updates on these developing stories.