Ukrainian rockets hit Russian-controlled area as Kyiv gears up for southern counter-attack

Top Post Ad

The Reuters Daily Briefing Tuesday, July 12, 2022 by Linda Noakes Hello Here's what you need to know. Japan bids a somber farewell to Shinzo Abe, the euro is on the brink of breaching parity with the dollar, and Subway can be sued over its tuna Today's biggest stories Ukrainian servicemen stand in front of an apartment building in Kharkiv, July 11, 2022. REUTERS/Nacho Doce WORLD Ukraine said it had carried out a successful long-range rocket strike against Russian forces in southern Ukraine, territory it says it is planning to retake in a counter-offensive using hundreds of thousands of troops. Here's what you need to know about the conflict right now. With prayers, flowers and flags draped in black ribbons, Japan said farewell to Shinzo Abe, a polarizing figure who dominated politics as the country's longest-serving premier, before being gunned down at a campaign rally last week. Sri Lankan immigration officials said they prevented the president's brother and former finance minister Basil Rajapaksa from flying out of the country, as anger mounted against the powerful family for a debilitating economic crisis. Here's how a band of activists helped bring down Sri Lanka's government. Dozens of Chinese cities baked in scorching temperatures as heatwaves melted the roofs of buildings and buckled roads and sweltering weather drove people to seek cooler air in underground shelters. Ex-finance minister Rishi Sunak and two others start their campaigns today to become Britain's next prime minister, battling for the support of a Conservative Party deeply split over who should succeed Boris Johnson. Here are the views of the frontrunners in the race. Manuel Oliver, whose son Joaquin was killed in the 2018 mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida, interrupts President Joe Biden during a White House event, July 11, 2022. REUTERS/Kevin Lamarque U.S. A man whose son was killed in the 2018 school shooting in Parkland, Florida, interrupted President Joe Biden's remarks at the White House during an event to herald the passage of the first major federal gun safety law in three decades. Manuel Oliver, shouted "we've already gone through this for years and years". Congressional investigators into the attack on the U.S. Capitol will today seek to draw connections between then-President Donald Trump's associates and right-wing militants who stormed the seat of government. The Biden administration said healthcare providers must offer abortion services if the life of a mother is at risk and that procedures conducted under such circumstances would be protected under federal law regardless of various state bans. Meanwhile, a state court judge in Utah blocked a sweeping new abortion ban from taking effect and a judge blocked an Arizona law recognizing 'personhood' at fertilization. First lady Jill Biden's attempt to compliment Latinos flopped when she said they were as unique as "breakfast tacos," prompting criticism from across the political spectrum. About four days after a wildfire started in Yosemite National Park, firefighters in California have begun to contain the blaze, which has threatened some of the oldest giant sequoia trees in the world. The logo and trading symbol for Twitter are displayed on a screen on the floor of the New York Stock Exchange, July 11, 2022. REUTERS/Brendan McDermid BUSINESS & MARKETS The euro sank to within a whisker of parity with the dollar and stock markets fell as the prospect of further central bank tightening and worries about the health of economies worldwide unnerved investors. The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would allow shipments below that price, a senior U.S. Treasury official said. The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter. These two contrasting groups are both HODLers - investors in bitcoin as a long-term proposition who refuse to sell their holdings - and they are determined to drive back the bears, despite their portfolios being deep in the red. Twitter fired back at Elon Musk, accusing the world's richest person of "knowingly" breaching an agreement to buy the social media firm. Here's why Musk's attempt to scrap his purchase of Twitter may leave him in a stronger financial position than before. France's Renault said car sales plunged 30% in the first half of 2022 after it shut down activities in Russia, one of the first Western auto manufacturers to lay bare the damage of losing a key market in the wake of the Ukraine war. A U.S. federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of the advertised "100% tuna". BREAKINGVIEWS Agenda-setting financial insight from the international commentary brand of Reuters Read Hugo Dixon on what Britain's wannabe prime ministers should be saying, Yawen Chen on why China’s small-bank crisis is far from over, and Ghina Chon on how Twitter is shaking Elon Musk down with legal muscle Quote of the day "What really saved me, what made me different, was that I could run" Olympic champion Mo Farah says he was a victim of child trafficking Video of the day Expanding West Bank settlements a test for Biden Largely out of the public eye, Israeli settlements are expanding across the occupied West Bank, posing a test for U.S. opposition to such building ahead of President Joe Biden's visit. And finally… The first full-color look at distant galaxies The debut photo from NASA's James Webb Space Telescope reveals the most detailed glimpse of the early universe ever seen. More from Reuters Sustainable Business The Great Reboot Disrupted Legal News Breakingviews Thanks for spending part of your day with us. You are receiving this email because you signed up for newsletters from Reuters. No longer want to hear from us? Unsubscribe from The Reuters Daily Briefing. Terms, conditions, and privacy statement © 2022 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036