Morning Briefing: June 13, 2024

Nazim Sheikh

International Courant

ISTANBUL

Here’s a rundown of all of the information that it’s good to begin your Thursday with, together with a report by the UN, saying greater than 520 Palestinians killed in occupied West Financial institution and East Jerusalem, WHO chief urging instant utility of UN decision for Gaza cease-fire and US Secretary of State Antony Blinken saying they’re working to shut deal on Gaza cease-fire.

TOP STORIES

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The UN reported that greater than 520 Palestinians have been killed within the occupied West Financial institution, together with East Jerusalem, since Oct. 7.

Deputy spokesman Farhan Haq pressured at a information convention that the state of affairs “continues to escalate, amid ongoing violence by Israeli forces and settlers.”

“Since 7 October, greater than 520 Palestinians, almost 1 / 4 of them youngsters, have been killed within the West Financial institution, together with East Jerusalem. Nearly three-quarters of these fatalities occurred throughout operations by Israeli forces. Throughout the identical interval, greater than 5,200 Palestinians had been injured in these areas,” he mentioned.

Head of the World Well being Group (WHO) welcomed a current UN Safety Council decision calling for a full and instant cease-fire within the Gaza Strip, calling on all events to take the required steps for the choice’s instant implementation.

Talking at a press convention on world well being points, Tedros Adhanom Ghebreyesus touched on the dire state of affairs within the Palestinian territory the place greater than 37,200 folks have been killed in Israeli assaults since Oct. 7 final 12 months.

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On the Safety Council decision handed on Monday, Tedros urged motion on all sides for it to be carried out “instantly” to carry a everlasting finish to the struggling of thousands and thousands.

US Secretary of State Antony Blinken mentioned Hamas has proposed modifications to a possible cease-fire deal in Gaza, and Washington is working for an settlement.

“A few of these modifications are workable,” Blinken advised a joint information briefing with Qatari Overseas Minister Mohammed bin Abdulrahman Al Thani in Doha.

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He underscored Washington’s dedication to narrowing gaps “to shut the deal” with mediators.

NEWS IN BRIEF

The variety of folks prone to poverty or social exclusion within the EU hit 94.6 million in 2023, the area’s statistical bureau Eurostat mentioned.Qatar mentioned Wednesday it’s dedicated to bridging the hole between Hamas and Israel to finish the battle within the Gaza Strip.Former US President Donald Trump will meet congressional Republicans close to the Capitol Hill for the primary time since his supporters attacked the constructing on Jan. 6, 2021.
Ukrainian President Volodymyr Zelenskyy arrived in Jeddah in the beginning of a go to to Saudi Arabia.The UN warned a couple of “profoundly alarming” state of affairs in North Korea and known as for an finish to its “self-imposed isolation” from the world.Not less than 5 Palestinians had been killed and eight others injured in a drone strike on civilians within the central Gaza Strip.Turkish Protection Minister Yasar Guler reached Brussels to attend a NATO assembly, the Nationwide Protection Ministry mentioned in a short assertion.
The Biden administration rolled out sweeping new sanctions on Russia in an try to thwart earlier efforts to bypass financial penalties imposed in retaliation for its warfare on Ukraine.Israeli warplanes carried out airstrikes towards Hezbollah targets in southern Lebanon, based on the army.A courtroom in Bangladesh’s capital Dhaka formally charged the nation’s lone Nobel laureate Mohammad Yunus and 13 others with embezzling 252.2 million taka ($2.2 million) from a welfare fund.Turkish President Recep Tayyip Erdogan met with King Felipe VI of Spain within the Spanish capital Madrid, discussing world developments, together with the continuing disaster within the Gaza StripFour Palestinians had been injured, together with one significantly, by Israeli gunfire in occupied East Jerusalem, based on Israeli media.Not less than 49 folks had been killed and dozens injured after a hearth broke out in two residential buildings within the metropolis of Mangaf in southern Kuwait, the Inside Ministry mentioned.

SPORTS

Present holders Italy, former champions Spain, and highly effective Croatia, the groups in FIFA’s prime 10 rankings will battle it out in UEFA EURO 2024 Group B, dubbed the “Group of Loss of life.”

On paper, Italy, Spain and Croatia are anticipated to succeed in later levels within the championship that may start on Friday.

Albania, which joined the robust trio, wouldn’t have any star of their squad however can defend their objective deep and are prone to search for counterattacks towards these highly effective soccer nations.

BUSINESS & ECONOMY

US Federal Reserve Chair Jerome Powell mentioned that macroeconomic information haven’t given Federal Open Market Committee (FOMC) members confidence this 12 months to start price cuts.

“The latest inflation readings have been extra favorable than earlier within the 12 months, nonetheless, there was modest progress towards our inflation goal,” Powell mentioned at a information convention after the Fed’s two-day assembly concluded.

“We have to see extra good information to bolster our confidence that inflation is transferring sustainably towards 2%,” he added.

Bitcoin’s worth climbed above $70,000 as soon as once more as client inflation figures for Could slowed down on each annual and month-to-month foundation, and fueled hope amongst buyers that the Federal Reserve’s first price reduce might come quickly.

The worth of the world’s greatest cryptocurrency plummeted Tuesday to $66,000 for the primary time in three weeks, with worries concerning the Fed’s financial coverage assembly mounting.

Bitcoin, nonetheless, strongly recovered Wednesday to hit $70,000 at 11.00 a.m. EDT (1500GMT) for a day by day acquire of 4.8%. Ethereum was up 3.8% to $3,641 on the time, whereas some altcoins noticed their costs rising as a lot as 14% for the day.



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Morning Briefing: June 13, 2024

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