Tuesday, 21 June 2022

Moscow fumes after EU cuts off shipments to Baltic outpost

Tuesday, June 21, 2022

by Linda Noakes

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Here's what you need to know.

The biggest rail strike in 30 years brings Britain to a standstill, a Russian journalist's Nobel Peace Prize fetches over $100 million, and could Netanyahu make a comeback in Israel?

Today's biggest stories

People remove debris of a building destroyed by a missile strike in the town of Liubotyn, in Kharkiv region, Ukraine, June 20, 2022

RUSSIA-UKRAINE WAR


Russia summoned the European Union's ambassador in Moscow, fuming over a rail blockade that has halted shipments of many basic goods to a Russian outpost on the Baltic Sea, the latest stand-off over sanctions imposed over the war in Ukraine.

On the ground in eastern Ukraine, Russia's separatist proxies said they were advancing towards Kyiv's main battlefield bastion. A Ukrainian official described a lull in fighting there as the "calm before the storm".

Ukraine has detained a senior government official and a business leader suspected of being part of an alleged Russian spy network, the Security Service of Ukraine said.

Ukraine is set to become an official candidate for European Union membership on Thursday in a symbolic but morale-boosting decision following Russia's invasion, ministers and diplomats said.

Dmitry Muratov, the co-winner of the 2021 Nobel Peace Prize and the editor of one of Russia's last major independent newspapers, auctioned off his Nobel medal for a record $103.5 million to aid children displaced by the war.

Here's what you need to know about the conflict right now

Passengers queue for a bus outside Waterloo Station in London, on the first day of a national rail strike, June 21, 2022



WORLD


Britain's biggest rail strike in 30 years kicked off as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the way for widespread industrial action across the economy in coming months. Prime Minister Boris Johnson could this week lose two parliamentary seats that once illustrated his broad appeal, showing his declining popularity.

Two key right-wing ministers in Israel's outgoing coalition government vowed to prevent a comeback by former premier Benjamin Netanyahu as the country braced for a fifth election in three years with polling predicting no clear winner.

The leader of France's conservative party said that an "arrogant" Emmanuel Macron will have to change tack and take on board their policy proposals as the president seeks ways to continue ruling effectively after losing control of parliament.

Floodwaters inundated more of Bangladesh and northeast India, as authorities struggled to reach more than 9.5 million people stranded with little food and drinking water after days of intense rain. Two provinces in southern China upgraded warnings as floods reached record levels and rivers overflowed their banks.

South Korea's second test launch of its domestically produced Nuri rocket successfully placed several satellites in orbit, officials said, taking a major step in the country's efforts to jumpstart its space program after a first test failed last year.


U.S.

The congressional committee investigating the attack on the U.S. Capitol will focus on then-President Donald Trump's efforts to pressure state officials as part of his broader effort to remain in office despite losing 2020's election, committee aides said.

Trump's sway with Republican voters faces a fresh test in Alabama, where congressman Mo Brooks will try to win the Republican U.S. Senate nomination even after the former president switched his endorsement to Brooks' rival, Katie Britt.

Republican Eric Greitens, who is seeking a U.S. Senate seat in Missouri, released a campaign ad depicting him and a group of armed men going hunting for 'RINOS', or 'Republicans in name only' - prompting social media platforms to flag or take down the video.

President Joe Biden said that a decision on whether to pause a federal gasoline tax could come by the end of this week, as the United States struggles to tackle soaring gasoline prices and inflation, now at its highest in 40 years. We ask - are high prices unpatriotic or as American as you can get?

Treasury Secretary Janet Yellen will announce the nomination of Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as Treasurer, marking the first time a Native American's signature will appear on U.S. currency.

Cryptocurrency investor and Celsius Network customer Alisha Gee is pictured at her workplace in Pennsylvania in this handout image taken June 17, 2022

BUSINESS & MARKETS


Crypto lending may not be down and out, but it's certainly on the ropes. Read our weekly analysis of the wild world of cryptocurrencies, and hear from the punters bruised and bewildered by the latest meltdown.

Germany faces certain recession if already faltering Russian gas supplies completely stop, an industry body warned, as Sweden joined a growing list of European nations rolling out emergency plans to cope with a deepening energy supply crisis.

Former Tesla employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts.

Global airlines are grappling with a double whammy from the rare combination of a strong U.S. dollar and high oil prices at a time when broad inflationary pressures and worker shortages are also placing pressure on the pandemic-hit industry's recovery.

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come. The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for aging container ships to record highs.

Quote of the day

"I no longer live with or wish to be related to my biological father in any way, shape or form"

Elon Musk's child seeks name change to sever ties with father

Video of the day

Mekong villagers land heaviest ever freshwater fish

The stingray weighed in at 300kg and took around a dozen men to haul to shore.

And finally…

'Good or bad, it’s Hong Kong history' says British colonial museum founder

Bryan Ong has made it his mission to preserve items that tell the story of Hong Kong's British colonial past even as Beijing increasingly shapes life in the city that is firmly back in the fold of the mainland.

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