From Reuters.

1. President Donald Trump said on Wednesday the U.S. will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.

2. Canada plans to recognize the State of Palestine at a meeting of the United Nations in September, Prime Minister Mark Carney announced on Wednesday, ratcheting up pressure on Israel as starvation spreads in Gaza.

3. Russia launched missile and drone attacks on Kyiv in the early hours of Thursday, killing at least six people including a six-year-old boy and his mother, and wounding at least 82 others, Ukrainian officials said.

4. Two resolutions that would have blocked arms sales to Israel in response to civilian casualties in Gaza were blocked in the U.S. Senate on Wednesday, although they garnered more support than similar measures earlier this year.

5. Investors’ conviction that U.S. President Donald Trump’s tariffs and debt spree would spark long-term pain for the dollar and U.S. stocks is crumbling, signaling pain ahead for assets across Europe and emerging markets that were boosted by this view.

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#News #Reuters #Newsfeed

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