From Reuters.

1. President Vladimir Putin said on Thursday that Russia supported a U.S. proposal for a ceasefire in Ukraine in principle, but that fighting could not be paused until a number of crucial conditions were worked out or clarified.

2. Federal judges in California and Maryland ordered U.S. President Donald Trump’s administration to reinstate thousands of probationary federal workers who lost their jobs as part of mass firings carried out at 19 agencies.

3. China and Russia stood by Iran on Friday after the United States demanded nuclear talks with Tehran, with senior Chinese and Russian diplomats saying dialogue should only resume based on "mutual respect" and all sanctions ought to be lifted.

4. U.S. automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump’s aggressive use of tariffs. The Tesla comments reflect those of many U.S. businesses concerned by Trump’s tariffs, but is notable because it is from Tesla.

5. China is likely to face a supply shortage of rapeseed meal by the third quarter of this year as Beijing’s tariffs on shipments from top exporter Canada disrupt trade and as alternative sources are unlikely to make up the deficit.

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