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IMPORTANT
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Descent
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Recession ‘isn’t inevitable,’ says Biden, but numbers aren’t promising
President Joe Biden knows the American people are feeling “really, really depressed”, pointing to two years of a pandemic exacerbated by the rising cost of living. But he dismissed accusations from the right that stimulus spending over the past two years is to blame for the current economic climate, saying the United States is in a better position than most countries in the world to overcome. any instability. Still, data from various sectors suggests that a recession is entirely possible. Retail spending is down and GDP growth projections have been reduced for the second quarter of this year. (Source: PA, WSJ)
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Big Tent
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EU big three approve Ukraine’s membership
Four months after the start of the Russian invasion, key European leaders have pledged their support for Ukraine’s joining the bloc. It comes as French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi met President Volodymyr Zelenskyy in Kyiv. “We want the atrocities to stop and we want peace,” Draghi said from the capital. It’s a strong show of support after months of criticism that Western Europe is not doing enough to support Ukraine, with the United States providing the bulk of arms and financial aid. Neighboring Moldova has also received support to join the EU. (Source: Politics)
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Audience eyes
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Dutch authorities reveal Russian ICC infiltration plot
Counterintelligence authorities in the Netherlands said they had turned away a Russian spy trying to impersonate a Brazilian national from assuming a role at the International Criminal Court. The agency believes the spy may have been trying to access information about investigations into alleged Russian war crimes. “He was sent back to Brazil on the first flight,” a source said. The incident happened in April but has raised new concerns. The individual is believed to have previously spent time in the United States studying at the prestigious Johns Hopkins University School of Advanced International Studies in Washington. (Source: WaPo)
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Better than ever
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Open arms and empty pockets in Sri Lanka
All of this could have been avoided. This is the message addressed to Sri Lanka by the Governor of the Central Bank, Nandalal Weerasinghe, before a delegation from the International Monetary Fund next week. The country has told the world it will need $5 billion in support, including IMF loans, as its economic crisis deepens. Had the IMF been invited earlier, Weerasinghe said, Sri Lanka could have avoided the extreme shortages of fuel, food and medicine it is currently experiencing. Data from the United Nations World Food Program shows that two-thirds of households in the country have been forced to reduce their food intake. (Source: BBC)
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Briefly
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here are some things you should know today:
Left behind. Florida is the only US state not to pre-order COVID-19 vaccines for very young children, state officials say. They declined to place an order, accusing the federal government of a “convoluted vaccine distribution process.” (Source: NYT) No ethics? After the end of his second ethics adviser in two years, British Prime Minister Boris Johnson is considering giving up the job altogether. Ethics are important, says 10 Downing Street, but it may not be the “exact mechanism”. (Source: The Guardian) Golden victory. Stephen Curry was named MVP as the Golden State Warriors beat the Boston Celtics 103-90 in Game 6 of the NBA Finals, handing the Californians their fourth championship in eight years. (Source: ESPN)
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be what’s trending
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INTRIGUING
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Infected
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Chances of a long COVID are lower with Omicron – but not zero
The first large-scale study of the long-term risks of the variant, which is much more virulent than the previous delta-dominant strain, suggests that it represents about half the risk. Still, about 5% of people infected with omicron will experience long-lasting COVID symptoms like brain fog and exhaustion for at least a month after falling ill. The results have drawn mixed reactions from researchers and health professionals: on the one hand, the risk is lower in the community, but on the other hand, repeated messages about the “mild” effects of the ‘omicron could be misleading, especially with a lot more people. contract the variant. (Source: NPR)
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Such a pursuit
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Musk to the Moon? In the courtroom, hopes to have abandoned Dogecoin Trader
Billionaire Elon Musk and two of his companies, Tesla and SpaceX, are being sued for $258 billion. The lawsuit from Keith Johnson – who describes himself as “a US citizen who was financially defrauded by the defendants’ Dogecoin Crypto Pyramid Scheme” – alleges that Musk artificially inflated the value of the cryptocurrency by promoting it. He sought an order preventing Musk from promoting the coin and declaring that trading it is gambling under US law. Johnson says he represents a class of people who have lost money in Dogecoin, which is now down two-thirds from where it was traded a year ago. (Source: Bloomberg)
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Card castle
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Kevin Spacey granted bail in UK sex abuse case
The embattled actor, who faces allegations on both sides of the Atlantic, has denied all five charges against him in the UK case but will return to London Magistrates’ Court for trial on 14 July. The case focuses on allegations made by three men dating from 2005 to 2013, a period when Spacey was artistic director of London’s Old Vic theatre, and includes four charges of sexual assault. The court granted him unconditional bail, allowing him to travel to the United States and continue working, which he returned to last year after losing several high-profile roles as a result of the allegations. (Source: The Guardian, CNN)
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Sssssearch
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Florida wants you to catch huge snakes
The hunt is on. From August, that is. Florida Governor Ron DeSantis announced – while holding a huge snake – that the annual Burmese python hunt will begin in early August. He encouraged Floridians to sign up to get their hands on invasive species as hundreds of snake hunters from across the country take part in the challenge each year. Hunters must register online and complete a training program before heading to the Everglades, where snakes are decimating local wildlife. DeSantis explained, “These pythons are a threat to the Everglades. Let’s wind up some pythons. (Source: PA)
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End of an era
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Bye Bye Birdie: Seattle WNBA legend bows out
Sue Bird hangs up her jersey. She spent her entire professional career at the Seattle Storm after being the first overall draft pick in 2002 after an impressive college game at UConn. Those 19 seasons have paid off for Seattle and even more so for Bird, who is one of the most decorated players in the league. She retires with five Olympic gold medals, four WNBA championships and a record 12 All-Star selections. “Loved every minute, and still do,” she posted in a Twitter announcement along with a childhood basketball photo, “so I’m going to play my senior year, just like this little one daughter played her first.” (Source: IF)
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COMMUNITY
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