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Daily Briefing

Biden's strict new asylum regulation is thrown into confusion, Russia denies reports of Ukrainian breakthroughs, and Musk says he has found a new Twitter CEO

Plus, the politics behind the power ballads – a special edition of the Reuters World News podcast unpacking the Eurovision Song Contest.

By Linda Noakes

Today's Top News

Migrants line up along the US-Mexico border near El Paso, Texas, May 11, 2023. REUTERS/Julio Cesar Chavez

The US ended COVID-19 border restrictions that blocked many migrants at the border with Mexico, immediately replacing the so-called Title 42 order with a sweeping new asylum regulation meant to deter illegal crossings. But several last-minute court actions added confusion to how the new border policies will play out.
Russia's defense ministry denied reports that Ukrainian forces had broken through in various places along the front lines and said the military situation was under control. Here's what you need to know about the conflict right now.
A Pakistani court ordered former Prime Minister Imran Khan's release on bail for two weeks, his lawyer said, following an arrest that sparked deadly unrest.
Air strikes and artillery pounded Khartoum after Sudan's warring army and Rapid Support Forces paramilitary failed to agree a ceasefire despite committing to protect civilians and allow humanitarian access.
A federal judge in Virginia has struck down federal laws that block the sale of handguns to buyers under the age of 21, ruling they violate constitutional rights to possess firearms.

Business & Markets

Britain's economy grew by 0.1% in the first three months of 2023, a period that was once expected to be part of a long recession, but an unexpectedly sharp 0.3% drop in March underscored how fragile its recovery remains.
Shares of PacWest Bancorp plunged 23% after the Los-Angeles-based lender said its deposits declined and that it had posted more collateral to the US Federal Reserve to boost its liquidity.
Walt Disney shares ended down more than 8% as a surprise drop in streaming subscribers fanned worries that the media and entertainment company could be sacrificing growth in its bid to stem losses.
Elon Musk said he has found a new chief executive for Twitter, but did not name the person. Musk said he will transition to the role of chief technology officer of the social media platform within the next few weeks.
Mike Lynch has been extradited to the United States to face criminal charges over Hewlett Packard's $11 billion acquisition of his software company Autonomy, a dramatic fall from grace for a man once hailed as Britain's most successful tech leader.

The Week Ahead

Right now, it's all about deadlines, as lawmakers race to thrash out a deal on the US borrowing limit, voters in Turkey head to the polls and time runs short for Russia and Ukraine to agree on how to keep key grain exports flowing.
A batch of key economic data will shed fresh light on whether the United States is staving off a downturn given Federal Reserve rate hikes. Here's a look at the week ahead in markets.
For more than two decades, President Tayyip Erdogan has been the lord of all elections in Turkey. With Sunday's presidential vote putting him in a tight race with opposition rival Kemal Kilicdaroglu, it is hard to believe the feisty politician graciously admitting defeat.
Thailand's political parties prepared for rallies in a final push to galvanise support and woo the undecided ahead of a Sunday election when voters will choose whether to stay the course with military-linked conservatives or opt for change.

Reuters Graphics

Performers from 37 countries have come together in Liverpool for the 67th annual Eurovision Song Contest.

From its humble beginnings in 1956, the contest has grown to become one of the most anticipated live entertainment broadcasts, drawing a television audience of about 200 million viewers.

Here's our complete guide to the competition ahead of the final tomorrow.

And Finally...

Milijana Milicevic stands in front of a hobbit house in the Bosnian Hobbiton village, in Rakova Noga, May 9, 2023. REUTERS/Amel Emric

Four sisters are building the first Hobbit-style village in southeast Europe in the green hills of central Bosnia, hoping to attract fans of 'The Lord of the Rings' books and movies as well as sharing their childhood memories.

Read more here: Hobbit houses spring up in Bosnia hills

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