₿ 💸 Bitcoin struggled to hold above the closely watched $20,000 level, extending a period of marked volatility that saw huge weekend swings. https://bloom.bg/3HFJCiO
🇭🇰 Hong Kong lawyers are the next target of Xi Jinping's national security law, with veteran attorneys leaving the city. https://bloom.bg/3tN5jYo
✈️ Many airlines struggled to see a future for the world's largest passenger plane during the pandemic. Now, the once-spurned superjumbos are enjoying an unlikely revival as travel roars back. https://bloom.bg/3HFQtbN
🇭🇰 Hong Kong lawyers are the next target of Xi Jinping's national security law, with veteran attorneys leaving the city. https://bloom.bg/3tN5jYo
✈️ Many airlines struggled to see a future for the world's largest passenger plane during the pandemic. Now, the once-spurned superjumbos are enjoying an unlikely revival as travel roars back. https://bloom.bg/3HFQtbN
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Here's the latest on the war in Ukraine:
🗣 EU foreign policy chief Josep Borrell slams Russia’s disruption of Ukrainian grain exports as a “real war crime,” saying it was the war -- not EU sanctions -- that are causing prices to soar.
https://bloom.bg/3OoDihE
🪖 Ukraine plans to tour an exhibition of destroyed Russian military vehicles across Europe, as it strives to maintain public attention on the conflict.
https://bloom.bg/3xHzLUO
🛑 Russia further tightens its grip on Europe’s natural gas supply, rejecting an offer from Ukraine to book more transit capacity with the aim of compensating for reduced flows through a key pipeline to Germany.
https://bloom.bg/3N0dvLC
🗣 EU foreign policy chief Josep Borrell slams Russia’s disruption of Ukrainian grain exports as a “real war crime,” saying it was the war -- not EU sanctions -- that are causing prices to soar.
https://bloom.bg/3OoDihE
🪖 Ukraine plans to tour an exhibition of destroyed Russian military vehicles across Europe, as it strives to maintain public attention on the conflict.
https://bloom.bg/3xHzLUO
🛑 Russia further tightens its grip on Europe’s natural gas supply, rejecting an offer from Ukraine to book more transit capacity with the aim of compensating for reduced flows through a key pipeline to Germany.
https://bloom.bg/3N0dvLC
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🇺🇸 President Joe Biden said that a US recession is avoidable after a call with former Treasury Secretary Larry Summers. https://bloom.bg/3n0wbQW
🚙🚫 Teslas will be banned from entering a resort town in China that hosts the Communist Party’s summer retreats, according to a report. https://bloom.bg/39E0cD3
🛳 Hong Kong’s iconic Jumbo Floating Restaurant has capsized in the South China Sea. It was forced to shut down in the wake of the pandemic and was towed away last week. https://bloom.bg/3tODiQb
🚙🚫 Teslas will be banned from entering a resort town in China that hosts the Communist Party’s summer retreats, according to a report. https://bloom.bg/39E0cD3
🛳 Hong Kong’s iconic Jumbo Floating Restaurant has capsized in the South China Sea. It was forced to shut down in the wake of the pandemic and was towed away last week. https://bloom.bg/3tODiQb
📉₿ Bitcoin resumed a fall on Wednesday amid concerns about a global recession, but still continues to hold above the key $20,000 level. https://bloom.bg/3tTe57g
🏘️ The world economy is facing yet another threat — the unraveling of a massive housing boom, as central banks globally increase interest rates. https://bloom.bg/3HL99XW
🌈 Hong Kong's LGBTQ rights activists fear the crackdown on social activism is threatening to undo progress for gay rights. https://bloom.bg/3tTnZWj
🏘️ The world economy is facing yet another threat — the unraveling of a massive housing boom, as central banks globally increase interest rates. https://bloom.bg/3HL99XW
🌈 Hong Kong's LGBTQ rights activists fear the crackdown on social activism is threatening to undo progress for gay rights. https://bloom.bg/3tTnZWj
💸 Elon Musk says Tesla's new factories in Germany and Texas are "gigantic money furnaces" losing billions of dollars. https://bloom.bg/3nb2VqA
🇦🇫 The death toll from a powerful earthquake in Afghanistan topped 1,000 as officials warn the number could rise further. Taliban’s supreme leader, who almost never appears in public, pleaded with the international community for help. https://bloom.bg/3zZojqE
🏡 These are the most liveable places to be in a post-Covid world. https://bloom.bg/3OwnJEL
🇦🇫 The death toll from a powerful earthquake in Afghanistan topped 1,000 as officials warn the number could rise further. Taliban’s supreme leader, who almost never appears in public, pleaded with the international community for help. https://bloom.bg/3zZojqE
🏡 These are the most liveable places to be in a post-Covid world. https://bloom.bg/3OwnJEL
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🇬🇧 UK Prime Minister Boris Johnson suffers a major blow as his Conservative Party lost a key Parliament seat in southwest England, raising fresh questions on his leadership. https://bloom.bg/3bpZcTm
🌍 China's quest for iron threatens one of the most biologically rich ecosystems in Africa, home to the planet's largest untapped iron-ore deposit. https://bloom.bg/3xTHTSb
🇭🇰 Six people who helped shape Hong Kong talk about how the city has changed under China and what the next 25 years hold for the financial hub. https://bloom.bg/3QD6tPU
🌍 China's quest for iron threatens one of the most biologically rich ecosystems in Africa, home to the planet's largest untapped iron-ore deposit. https://bloom.bg/3xTHTSb
🇭🇰 Six people who helped shape Hong Kong talk about how the city has changed under China and what the next 25 years hold for the financial hub. https://bloom.bg/3QD6tPU
Hello, here's what we're reading right now:
❌ Russia defaulted on its foreign debt for the first time in a century, the culmination of tough Western sanctions that shut down payment routes to overseas creditors. https://bloom.bg/3OqxcxM
🏛 A CBS News poll suggested that a majority of Americans disapprove of the Supreme Court’s decision overturning the constitutional right to an abortion. https://bloom.bg/3HRLzss
🏙 As Beijing increasingly calls the shots politically in Hong Kong, it’s also dominating key parts of its $344 billion economy. Here’s how that’s playing out everywhere from finance to retail to the city’s skyline. https://bloom.bg/3OF175z
❌ Russia defaulted on its foreign debt for the first time in a century, the culmination of tough Western sanctions that shut down payment routes to overseas creditors. https://bloom.bg/3OqxcxM
🏛 A CBS News poll suggested that a majority of Americans disapprove of the Supreme Court’s decision overturning the constitutional right to an abortion. https://bloom.bg/3HRLzss
🏙 As Beijing increasingly calls the shots politically in Hong Kong, it’s also dominating key parts of its $344 billion economy. Here’s how that’s playing out everywhere from finance to retail to the city’s skyline. https://bloom.bg/3OF175z
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Hello, here’s what we’re following:
🇺🇸 More than 40 people were found dead in a semitrailer parked in San Antonio, Texas, believed to be migrants and likely victims of heat stroke. https://bloom.bg/3nkNyfh
💸 Michael Burry warned that the Fed may reverse course, a tweet that deserves serious attention, writes Jared Dillian for Bloomberg Opinion. https://bloom.bg/3bxEiBM
🇭🇰 Many of Hong Kong's Gen Zs plan to leave sooner or later as they watch their city transform into something new and unfamiliar. https://bloom.bg/3A65bat
🇺🇸 More than 40 people were found dead in a semitrailer parked in San Antonio, Texas, believed to be migrants and likely victims of heat stroke. https://bloom.bg/3nkNyfh
💸 Michael Burry warned that the Fed may reverse course, a tweet that deserves serious attention, writes Jared Dillian for Bloomberg Opinion. https://bloom.bg/3bxEiBM
🇭🇰 Many of Hong Kong's Gen Zs plan to leave sooner or later as they watch their city transform into something new and unfamiliar. https://bloom.bg/3A65bat
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📣 A former White House aide testified that Donald Trump reached for the steering wheel and lunged at a Secret Service agent who tried to stop him from traveling to the Capitol to join the Jan. 6 insurrection. https://bloom.bg/3bC0rz6
🇫🇮🇸🇪 Finland and Sweden are closer to joining NATO after Turkey dropped its opposition to their bids. https://bloom.bg/3yoxorD
📱Philippine news site Rappler, run by Nobel Laureate Maria Ressa, could face a possible shutdown as the SEC stood by its decision to revoke its license to operate. https://bloom.bg/3uaW18O
🇫🇮🇸🇪 Finland and Sweden are closer to joining NATO after Turkey dropped its opposition to their bids. https://bloom.bg/3yoxorD
📱Philippine news site Rappler, run by Nobel Laureate Maria Ressa, could face a possible shutdown as the SEC stood by its decision to revoke its license to operate. https://bloom.bg/3uaW18O
🇨🇳🇭🇰 Chinese President Xi Jinping is expected to arrive in Hong Kong today with his wife for the city’s 25th handover ceremony, his first trip outside the mainland in almost 900 days. https://bloom.bg/3ONDmru
💸 Didi stock investors lost over $60 billion in the China tech crackdown. Here's how it unfolded. https://bloom.bg/3OvOp8U
🍻 A beer made from recycled toilet water is winning admirers in Singapore. You may need to be quick if you want to taste it, with the first batch on tap already sold out. https://bloom.bg/3I0zMbg
💸 Didi stock investors lost over $60 billion in the China tech crackdown. Here's how it unfolded. https://bloom.bg/3OvOp8U
🍻 A beer made from recycled toilet water is winning admirers in Singapore. You may need to be quick if you want to taste it, with the first batch on tap already sold out. https://bloom.bg/3I0zMbg
Here's the latest on the war in Ukraine:
🇺🇸 The U.S. plans to announce another $800 million in defense assistance for Ukraine, President Joe Biden says at the NATO summit in Madrid.
https://bloom.bg/3QYFYER
🪖 Russia confirms troop withdrawal from a strategically important island in the Black Sea, after Ukraine said they were forced to leave by its missile and artillery strikes.
https://bloom.bg/3QYFYER
🤝 NATO agrees to the biggest upgrade of its military presence in Europe since the end of the Cold War, redrawing the continent’s security in response to Russia’s invasion of Ukraine.
https://bloom.bg/3AdjMAX
🇺🇸 The U.S. plans to announce another $800 million in defense assistance for Ukraine, President Joe Biden says at the NATO summit in Madrid.
https://bloom.bg/3QYFYER
🪖 Russia confirms troop withdrawal from a strategically important island in the Black Sea, after Ukraine said they were forced to leave by its missile and artillery strikes.
https://bloom.bg/3QYFYER
🤝 NATO agrees to the biggest upgrade of its military presence in Europe since the end of the Cold War, redrawing the continent’s security in response to Russia’s invasion of Ukraine.
https://bloom.bg/3AdjMAX
Hello 👋 Friday marks the 25th anniversary of Hong Kong’s handover from Britain to China. Here’s what you need to know:
💬 Chinese President Xi Jinping is set to swear in Hong Kong’s new leader, John Lee, in an event surrounded by a surge of propaganda. In a speech Thursday, Xi declared that the Asian financial hub had been “reborn” in the wake of a crackdown on the pro-democracy opposition. https://bloom.bg/3I5J7i6
👀 Follow along for the latest news and analysis in our live blog: https://bloom.bg/3R4uVtF
💰 Hong Kong’s billionaire factory is broken. Before the handover, two of the city's tycoons were among the world's top 10 richest; now no one from there makes the list. https://bloom.bg/3I4EVPs
💬 Chinese President Xi Jinping is set to swear in Hong Kong’s new leader, John Lee, in an event surrounded by a surge of propaganda. In a speech Thursday, Xi declared that the Asian financial hub had been “reborn” in the wake of a crackdown on the pro-democracy opposition. https://bloom.bg/3I5J7i6
👀 Follow along for the latest news and analysis in our live blog: https://bloom.bg/3R4uVtF
💰 Hong Kong’s billionaire factory is broken. Before the handover, two of the city's tycoons were among the world's top 10 richest; now no one from there makes the list. https://bloom.bg/3I4EVPs
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Here's the latest on the war in Ukraine:
🇪🇺 The European Union will propose 1 billion euros in short-term financial relief for Kyiv’s urgent cash needs.
https://bloom.bg/3I7qnie
💵 Ukrainian officials are exploring the possibility of debt restructuring as the war-ravaged country’s funding options are at risk of running out, according to three people familiar with the discussions.
https://bloom.bg/3AjGpUu
📉 Japan’s Government Pension Investment Fund says that it’s been selling Russian assets since March following the invasion of Ukraine, marking down some values to almost zero in the process.
https://bloom.bg/3Ar4eJI
🇪🇺 The European Union will propose 1 billion euros in short-term financial relief for Kyiv’s urgent cash needs.
https://bloom.bg/3I7qnie
💵 Ukrainian officials are exploring the possibility of debt restructuring as the war-ravaged country’s funding options are at risk of running out, according to three people familiar with the discussions.
https://bloom.bg/3AjGpUu
📉 Japan’s Government Pension Investment Fund says that it’s been selling Russian assets since March following the invasion of Ukraine, marking down some values to almost zero in the process.
https://bloom.bg/3Ar4eJI
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Hello, here's what we're following right now:
🛢 Global oil prices could reach a “stratospheric” $380 a barrel if sanctions prompt Russia to inflict retaliatory crude-output cuts, JPMorgan analysts warned. Separately, Jeff Bezos criticized a tweet from Joe Biden calling for oil executives to reduce gasoline prices. https://bloom.bg/3NOgBTy
📉 What might the next US recession look like? It may be moderate, but could also be quite long and painful. https://bloom.bg/3yCi5fa
😡 And here’s how Europe became the epicenter for this summer’s travel chaos: https://bloom.bg/3P2egp2
🛢 Global oil prices could reach a “stratospheric” $380 a barrel if sanctions prompt Russia to inflict retaliatory crude-output cuts, JPMorgan analysts warned. Separately, Jeff Bezos criticized a tweet from Joe Biden calling for oil executives to reduce gasoline prices. https://bloom.bg/3NOgBTy
📉 What might the next US recession look like? It may be moderate, but could also be quite long and painful. https://bloom.bg/3yCi5fa
😡 And here’s how Europe became the epicenter for this summer’s travel chaos: https://bloom.bg/3P2egp2
👍1
☎ China's Vice Premier Liu He and US Treasury Secretary Janet Yellen discussed sanctions and tariffs in a phone call following reports President Joe Biden may roll back some levies. https://bloom.bg/3Aqz3yg
⚖ Canadian officials were unable to attend the trial of a Chinese-Canadian tycoon who was seized at a luxury hotel in Hong Kong more than five years ago. https://bloom.bg/3IePVdk
🛢 The shippers still willing to transport Russian crude are reaping big rewards — as much as triple the amount prior to Putin's invasion of Ukraine. https://bloom.bg/3yGbbp2
⚖ Canadian officials were unable to attend the trial of a Chinese-Canadian tycoon who was seized at a luxury hotel in Hong Kong more than five years ago. https://bloom.bg/3IePVdk
🛢 The shippers still willing to transport Russian crude are reaping big rewards — as much as triple the amount prior to Putin's invasion of Ukraine. https://bloom.bg/3yGbbp2
🛢 Oil steadied below $100 a barrel after plunging on recession fears. Earlier, the West Texas Intermediate benchmark fell by 8% to the lowest close since late April. https://bloom.bg/3P5AGpd
😷 The return of mass testing in Shanghai is fueling concerns of another lockdown in China's pursuit of Covid Zero. Macau, battling its worst outbreak so far, just shut down its first casino since 2020 while Hong Kong's new leader said the city would not "lie flat" on the virus. https://bloom.bg/3OLtq27
🧳 The long-standing rivalry between Hong Kong and Singapore ensues. Here's our guide to which city is better for expats in 2022. https://bloom.bg/3IjxaFF
😷 The return of mass testing in Shanghai is fueling concerns of another lockdown in China's pursuit of Covid Zero. Macau, battling its worst outbreak so far, just shut down its first casino since 2020 while Hong Kong's new leader said the city would not "lie flat" on the virus. https://bloom.bg/3OLtq27
🧳 The long-standing rivalry between Hong Kong and Singapore ensues. Here's our guide to which city is better for expats in 2022. https://bloom.bg/3IjxaFF
Here's the latest on the war in Ukraine:
🗣️ President Volodymyr Zelenskiy says he’s confident UK policy toward Ukraine won’t change any time soon, after Boris Johnson announced his intention to resign as prime minister.
https://bloom.bg/3RhR1Jd
🇺🇦 Ukraine summons the Turkish ambassador, citing an “unacceptable situation” after authorities in Turkey released a Russian vessel that Kyiv says was shipping grain seized from the Ukrainian port of Berdyansk.
https://bloom.bg/3akLSzJ
⛽ The US and its allies have discussed trying to cap the price on Russian oil as a way to curb the Kremlin’s revenue, as German Chancellor Olaf Scholz accused Vladimir Putin of using energy as a political weapon.
https://bloom.bg/3aplyV5
🗣️ President Volodymyr Zelenskiy says he’s confident UK policy toward Ukraine won’t change any time soon, after Boris Johnson announced his intention to resign as prime minister.
https://bloom.bg/3RhR1Jd
🇺🇦 Ukraine summons the Turkish ambassador, citing an “unacceptable situation” after authorities in Turkey released a Russian vessel that Kyiv says was shipping grain seized from the Ukrainian port of Berdyansk.
https://bloom.bg/3akLSzJ
⛽ The US and its allies have discussed trying to cap the price on Russian oil as a way to curb the Kremlin’s revenue, as German Chancellor Olaf Scholz accused Vladimir Putin of using energy as a political weapon.
https://bloom.bg/3aplyV5
❤1
Hello, here's what we're following:
🇬🇧 Boris Johnson’s plan to drag out his departure is under threat. The ruling Conservative Party is urgently drawing up plans for an accelerated contest to choose his successor by the end of the summer, rather than allowing an extended three-month swan song. https://bloom.bg/3P774rw
🇭🇰➡️🇨🇳 Hong Kong is one of the last places in the world still requiring hotel quarantine for all incoming arrivals. But the system is buckling under surging demand from Chinese travelers using the city as a gateway to the mainland. https://bloom.bg/3NUMGZE
🚉 Violent protests, including trains set on fire, reveal the wrath of millions left unemployed in India. PM Narendra Modi had pledged to create millions of jobs. https://bloom.bg/3NZmuNO
🇬🇧 Boris Johnson’s plan to drag out his departure is under threat. The ruling Conservative Party is urgently drawing up plans for an accelerated contest to choose his successor by the end of the summer, rather than allowing an extended three-month swan song. https://bloom.bg/3P774rw
🇭🇰➡️🇨🇳 Hong Kong is one of the last places in the world still requiring hotel quarantine for all incoming arrivals. But the system is buckling under surging demand from Chinese travelers using the city as a gateway to the mainland. https://bloom.bg/3NUMGZE
🚉 Violent protests, including trains set on fire, reveal the wrath of millions left unemployed in India. PM Narendra Modi had pledged to create millions of jobs. https://bloom.bg/3NZmuNO
❤1
Breaking: Former Japanese Prime Minister Shinzo Abe was unconscious and unresponsive after he was apparently shot in the chest during a political event in the western city of Nara on Friday, national broadcaster NHK and local media reports said. A suspect is in custody.
Read more: https://bloom.bg/3NRRmiX
Read more: https://bloom.bg/3NRRmiX
Hello, here's the latest on the war in Ukraine:
📈 European natural gas heads for the longest stretch of weekly gains this year even as traders turn their attention to a potential easing of Russia’s supply squeeze.
https://bloom.bg/3uxDrIi
📈 European natural gas heads for the longest stretch of weekly gains this year even as traders turn their attention to a potential easing of Russia’s supply squeeze.
https://bloom.bg/3uxDrIi
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