2022年6月29日星期三

Russian missiles rain down on Ukraine as West pledges enduring support

Wednesday, June 29, 2022

by Linda Noakes

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Here's what you need to know.

Sweden and Finland are on course to join NATO, a former aide says Trump wanted to join the Capitol riot, and the crypto crash threatens North Korea's stolen funds

Today's biggest stories

A damaged residential building is seen at the site of a missile strike in Mykolaiv, Ukraine, June 29, 2022

WORLD


Russian forces struck at targets in the Mykolaiv area of southern Ukraine and intensified attacks on fronts across the country as NATO members met in Madrid to plan a course of action against the challenge from Moscow. Sweden and Finland looked set for fast-track membership of NATO after Turkey lifted a veto on them joining. Here's what you need to know about the Russia-Ukraine conflict right now.

Fearing outbreaks of religious violence, police in the Indian state of Rajasthan banned public gatherings and suspended internet services a day after two Muslims posted a video claiming responsibility for slaying a Hindu man.

Sri Lankan doctors and other medical staff as well as teachers will take to the streets today to demand that the government solve a severe fuel shortage at the heart of the South Asian country's worst economic crisis in decades.

EU countries clinched deals on proposed laws to combat climate change, backing a 2035 phase-out of new fossil fuel car sales and a multibillion-euro fund to shield poorer citizens from CO2 costs.

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programs.

Journalists from more than seven organizations, including Reuters, have been blocked from covering official ceremonies to mark the 25th anniversary of Hong Kong's handover from British to Chinese rule that President Xi Jinping is due to attend.

A video of President Trump's motorcade leaving the January 6 rally on the Ellipse is displayed as Cassidy Hutchinson, who was an aide to former White House Chief of Staff Mark Meadows, testifies in a public hearing at the Capitol, June 28, 2022

U.S.

Donald Trump tried to grab the steering wheel of his presidential limousine on January 6, 2021, when his security detail declined to take him to the U.S. Capitol where his supporters were rioting, a former aide testified. Here are the key takeaways from the sixth day of the Capitol riot hearings.

Republican candidates who echoed Trump's false claims of a stolen presidency were defeated in high-profile nominating contests in Colorado ahead of November's midterm elections.

Lev Parnas, a onetime associate of Trump's former personal lawyer Rudy Giuliani, will be sentenced today for violating campaign finance laws during the 2018 elections.

Abortions can resume in Texas after a judge blocked officials from enforcing a nearly century-old ban the state's Republican attorney general said was back in effect. Americans are looking to the country's northern and southern neighbors for abortion access in a post-Roe world.

Ghislaine Maxwell was sentenced to 20 years in prison for helping the sex offender and globetrotting financier Jeffrey Epstein sexually abuse teenage girls, in what a judge called a "horrific scheme" that inflicted "incalculable" harm on victims.

Multiplatinum R&B singer R. Kelly will be sentenced today for exploiting his stardom and wealth over decades to lure women and underage girls into his orbit for sex.

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, June 28, 2022

BUSINESS


Global stock markets slipped for the second straight day and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession.

European Central Bank policymakers are weighing up whether or not they should announce the size and duration of their upcoming bond-buying scheme, designed to curb financing costs for Italy and other debt-laden countries, sources told Reuters. The ECB is set to announce the new tool on July 21, along with its first interest rate hike in more than a decade.

Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it should raise interest rates.

South Korean battery maker LG Energy Solution, a major supplier to U.S. carmakers including Tesla, is reassessing a $1.3 billion investment plan for an Arizona factory citing "unprecedented" economic conditions.

German authorities have raided Hyundai and Kia over allegations that they put over 210,000 diesel vehicles with suspected illegal defeat devices onto the road, the Frankfurt state prosecutor's office said.

H&M, the world's second-biggest fashion retailer, reported a forecast-beating 33% increase in March-May profit as shoppers flocked to its stores in the aftermath of the pandemic.

BREAKINGVIEWS

Agenda-setting insight from the international commentary brand of Reuters

Read Pierre Briancon on why the G7’s Russia cap could send oil prices up rather than down, Yawen Chen on how green deals are overcoming the markets flashing red, and Jennifer Hughes on a landmark in Japan’s acceptance of pushy investors

Quote of the day

"We simply don't know what we will unleash by going down hundreds, thousands of meters to the bottom of the ocean"

Marco Lambertini

WWF chief hits out at plans to mine the deep sea

Video of the day

Libyan artist draws with hands and feet at the same time

Ahmed Mahmoud has devoted himself to creating a new form of art by simultaneously sketching with his hands and feet, as well as using markers taped on all ten fingers.

And finally…

Chinese spacecraft acquires images of entire planet of Mars

The spacecraft has circled the planet more than 1,300 times since early last year.

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