Friday, July 7, 2023

Its going to be a very hot summer

For a third time this week, scientists have recorded the world's hottest day.
Analysed data show the global average temperature on Thursday was
17-point-23 degrees celsius, breaking the record set on Monday of
17-point-01 degrees celsius.
And meteorologists warn it's just the start.
Jody Jacobs has that story from New York...

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NATO summit to focus on strengthening Ukraine and defending the alliance

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NATO allies are hoping to show a united front at a leaders meeting in Lithuania on Tuesday. The summit will focus on the alliance's support for Ukraine - which Secretary General Jens Stoltenberg detailed at a press conference on Friday

IN: First, we will
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US labor market cooling amid rate hikes

The latest data from the US Labor Department shows the job market is
cooling, following months of interest rates rises.

The US economy added 209,000 new jobs in June, less than expected.

US correspondent Nick Harper reports.

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[PREVIEW] US markets prepare for Fed hints

Speeches from multiple Federal Reserve officials are likely to have a
bearing on US markets this coming week.

Investors will be digesting the likelihood of more interest rate
rises, and looking for hints on the timing of those hikes.

US correspondent Nick Harper reports.

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Yellen defends US trade policies on Beijing trip

The US Treasury Janet Yellen has defended American business on the
second day of her four-day visit to Beijing.

She also said she's looking forward to advancing President Joe Biden's
plan for better and deeper communication between Washington and
Beijing.

Andrew Wood reports from Hong Kong.

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[ALT] Andrew Wood reports from Hong Kong.

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Authorities in Nigeria Confirm Outbreak of Diphtheria in Abuja Community, Record One Death

INTRO


Authorities in Nigeria's capital Abuja have announced the outbreak of diphtheria, a bacterial infection that affects the nose, throat, and sometimes, skin of an individual.


They say the disease has already killed a four-year-old child.


Correspondent Ajeck Mangut reports from Abuja.


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Coach of Nigeria’s National Women’s Football Team Queries Nigeria Football Federation Over FIFA Grant

INTRO


Coach of Nigeria's team, the Super Falcons has raised concern that the team is yet to be paid their allowances for the 2023 FIFA Women's World Cup in Australia.


This is coming just two weeks after he accused the Nigeria Football Federation of owing him 14 months wages and allowances.


Correspondent Ajeck Mangut reports.


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Rahul Gandhi loses defamation appeal

One of India's most prominent politicians, Rahul Gandhi, has lost a second court appeal in a criminal defamation case.

This means he will now have to approach the Indian Supreme Court to get a stay on his conviction.

He was handed a two-year jail term that is in suspension till he's exhausted all legal avenues.

Mr Gandhi was found guilty of defaming the Indian Prime Minister during an election rally where he compared Narendra Modi to a thief.

Neha Poonia has more.

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EU PLEDGES €500 MILLION FOR UKRAINE AMMUNITION

The EU has struck a deal to provide millions of rounds of ammunition to Ukraine. 

The news comes as Kyiv continues to ask for more firepower to help it reclaim territory held by Russia in the east of the country. 

From Berlin, Trent Murray has more. 

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India criticises Canada for inaction against separatist groups

Intro:

Prime Minister Justin Trudeau says Canada has always taken strict action against "terrorists" – in a rebuttal to India's criticism that his government has been lax on Sikh separatist protestors.

The comments come ahead of a pro-Khalistan rally scheduled for the weekend in Ottawa.

The protestors are demanding a separate state for the Sikh community in India.

Ishan Garg reports from New Delhi.

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Yellen to meet Chinese officials in Beijing

US Treasury Secretary Janet Yellen is on her first visit to China and is expected to hold talks with several senior Chinese officials.

Analysts say this is America's chance to try to reframe its relationship with Beijing.

Even though both sides have said they don't expect a breakthrough, a US official travelling with Ms Yellen has said the talks aren't 'fruitless'.

Andrew Wood is in Hong Kong.

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Thursday, July 6, 2023

Stocks slide, jobs data up, interest rate hike predicted

Stocks in the US slid on Thursday amid increased investor anxiety over the state of the economy and the potential for rising interest rates.


The main indices — the Dow Jones, S&P 500 and Nasdaq — all dropping around one percentage point during a trading session in which the 2-year Treasury yield reached a 16-year high.


With more, Benji Hyer reports. 


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Twitter threatens to sue Meta over new Threads app

Twitter has threatened to sue rival Meta over its new Threads app,
according to multiple media reports.

Threads has been downloaded more than 30 million times, less than 24
hours after its launch.

Ira Spitzer reports.

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UNSG: Climate Change now out of control

United Nations Secretary General, Antonio Guterres says climate change
is out of control.
Speaking to journalists at the UN Headquarters on Thursday, Guterres
called on countries to immediately reduce their carbon emissions,
saying delaying it any further will be catastrophic.
The Secretary General's comments come as the hottest global
temperature ever recorded occurred this week.
Experts as well as Guterres warn that the record could be broken
several more times this year.

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Nearly 50% of US tap water may contain “forever chemicals” - government study

Americans may want to start thinking twice about drinking water from the faucet. A new government study found that toxic "forever chemicals'' may be lurking in nearly half of all  US tap water. Toni Waterman has more.

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Two eldest children of Silvio Berlusconi now jointly control former Italian PM's business empire


The late Silvio Berlusconi's two eldest children - Marina and Pier Silvio - now jointly control the family holding company Fininvest.

Berlusconi, a former Italian Prime Minister and business tycoon, died last month at the age of 86.

His will was made public on Thursday.

Our Rome correspondent Giles Gibson has more.

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Report: US & Russia held secret talks over Ukraine

Secret talks between the US and Russia have taken place to try and end
the war in Ukraine, according to a US media outlet.

It's alleged Russia's foreign minister was part of the discussions in New York.

Nick Harper reports from Washington

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Trump aide pleads not guilty in documents case

An aide of former US President Donald Trump has pleaded not guilty in a Miami federal court - in the classified documents case. 


Walt Nauta faces charges that he helped his former boss hide top secret documents taken from the White House and stored in Trump's private residences. 


Benji Hyer reports. 


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More than 10 million sign up to new social media app Threads

Social media platform, Twitter has a new rival in town.
Meta, the owners of Facebook and Instagram have launched Threads, a
social media platform similar to Twitter.
According to the company's chief Mark Zuckerberg - ten million users
signed up in the first seven hours of the app being launched.

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Meta-owned Threads not yet available in the EU

A new rival to Twitter won't be rolled out in the European Union just yet. Threads, a new app by Meta, which owns Facebook and Instagram, has already been launched in the United States and the UK, but European consumers will have to wait a while longer.

Alex Cadier reports from Brussels

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