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Daily Briefing

Israel's military says it is preparing for "unrelenting attacks" to dismantle Hamas, world fossil fuel demand is set to peak by 2030, and US House Republicans try again to pick a leader.

Plus, the Kremlin says Putin is healthy and laughs off body double rumors.

By Kate Turton

Today's Top News

The house where Dima Allamdani was sheltering. REUTERS/Mohammed Salem

ISRAEL AND HAMAS AT WAR

Israel's military said it was preparing for "unrelenting attacks" to dismantle Hamas while former US President Barack Obama warned that "any Israeli military strategy that ignores the human costs could ultimately backfire." Follow the latest updates from Israel's war on Hamas.
Yocheved Lifshitz, an Israeli grandmother released by Hamas militants, spoke for the first time about her time in Hamas' tunnels.
When the Israeli army told Palestinians in the Beach refugee camp in Gaza City to flee south because it was safer, 18-year-old Dima Al-Lamdani's family prayed they would escape relentless air strikes. Days later, Lamdani was left to identify the bodies of her relatives.

IN OTHER NEWS

The Kremlin rejected speculation about President Vladimir Putin's health, saying he was fit and well. Kremlin spokesman Dmitry Peskov also denied suggestions that the president was using body doubles.
Russian forces pressed their attacks on two frontline areas of eastern Ukraine, seeking to sever the sole supply route into the devastated city of Avdiivka and advance on the key town of Kupiansk farther north.
Republicans in the House of Representatives will try again to fill a leadership vacuum that has paralyzed the chamber for three weeks and left Congress unable to tackle urgent funding requests for Israel and Ukraine.
Venezuelan opposition leader Maria Corina Machado held an overwhelming lead in the vote count for the country's opposition presidential primary with 92.56% support, according to officials. Listen to Julia Symmes Cobb on Venezuela's opposition candidate.
Several people were hospitalized in Austria after using suspected fake versions of the diabetes drug Ozempic. Extraordinary demand for Ozempic and other drugs used for weight loss has spurred a global surge in counterfeit versions.
Commissioners in Texas voted to outlaw the act of transporting another person along their roads for an abortion, part of a strategy by conservative activists to further restrict abortion since the US Supreme Court overturned Roe v. Wade. Julia Harte speaks to Reuters World News about the abortion transport ban.

Business & Markets

The sun rises behind the cooling towers of Kendal Power Station, a coal-fired station of South African utility Eskom. REUTERS/Siphiwe Sibeko

World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency said, undercutting the rationale for any rise in investment.
China is set to unleash fresh fiscal stimulus to shore up its economic recovery, drawing on a well-used playbook that relies heavily on debt and state spending but falls short on the deeper reforms called for by a growing number of analysts.
Bitcoin rose 6% to $35,198, its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent.
Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey showed, suggesting the bloc may slip into recession.
World Bank President Ajay Banga said that geopolitical tensions pose the biggest threat to the world economy, but that risks "tend to move around" fast, so others should not be ignored.
Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said.
Nvidia dominates the market for artificial intelligence computing chips. Now it is coming after Intel's longtime stronghold of personal computers. Nvidia has quietly begun designing central processing units that would run Windows and use technology from Arm Holdings.

Argentina's Massa, Milei battle to woo 9 million swing votes

Argentina's Peronist economy chief Sergio Massa faces a fierce battle for middle-ground votes with far-right libertarian Javier Milei ahead of a run-off next month, though the center-left runner has his nose in front after a surprise first round win.

We look at how Massa pulled off election upset with tax cuts and bus fares.

The race could set the future trajectory of Argentina, South America's no. 2 economy

And Finally...

A view of ancient stone carvings on a rocky point of the Amazon river that were exposed after water levels dropped to record lows during a drought. REUTERS/Suamy Beydoun

Human faces sculpted into stone up to 2,000 years ago have appeared on a rocky outcropping along the Amazon River since water levels dropped to record lows in the region's worst drought in more than a century.

Ancient Amazon River rock carvings exposed by drought

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