Tuesday, 14 June 2022

Ukraine says troops hold out in Sievierodonetsk after last bridge destroyed

Tuesday, June 14, 2022

by Linda Noakes

Hello

Here's what you need to know.

The pope raps Russian 'cruelty' in Ukraine, bears are still on the prowl after the worst market selloff in years, and Trump's midterm revenge campaign faces a new test

Today's biggest stories

A cat stands near a toy tiger in front of an apartment building destroyed in a missile strike in Bakhmut, Ukraine, June 13, 2022. REUTERS/Gleb Garanich

RUSSIA-UKRAINE WAR

Ukraine said its forces were still holding out inside Sievierodonetsk and trying to evacuate civilians, after Russia destroyed the last bridge to the devastated eastern city in a potential turning point in one of the war's bloodiest battles.

"The situation is very difficult but there is communication with the city" despite the last bridge over the Siverskyi Donets river having been destroyed, said the Ukrainian mayor of Sievierodonetsk, Oleksandr Stryuk. "Russian troops are trying to storm the city, but the military is holding firm."

The Kremlin said it was "sure" that Russian-backed separatist leaders in the Donbas would be willing to listen to an appeal from Britain over the fate of two Britons sentenced to death for fighting for Ukraine

Pope Francis has taken a new series of swipes at Russia for its actions in Ukraine, saying its troops were brutal, cruel and ferocious, while praising "brave" Ukrainians for fighting for survival.

As 10-meter high mounds of sunflower meal smolder among the blackened ruins of one of Ukraine's top agricultural terminals, farmers in this front-line region are scrambling to survive a harvest under Russian fire.

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

A trader works on the floor of the New York Stock Exchange, June 13, 2022. REUTERS/Brendan McDermid

BUSINESS

World shares inched higher and Wall Street was tipped for a stronger open, as U.S. Treasury yields steadied at multi-year highs following the worst selloff in years.

Eroding inflation data and fast-changing views in financial markets have opened the door to a larger-than-expected three-quarter-percentage point interest rate increase when Federal Reserve officials meet this week. Here's how the pandemic broke the Fed's model.

The Bank of Japan ramped up bond buying as its yield cap came under renewed pressure from rising global interest rates, highlighting its difficulty in remaining a dovish outlier in a global wave of monetary tightening.

While the S&P 500 confirmed that it has been in a bear market since January, many of the benchmark's components are in far worse shape following months of fear-driven selling related to rising interest rates and worries about the economy.

Bitcoin neared a price level that could force software firm MicroStrategy to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on edge. Read our weekly analysis of the wild world of cryptocurrencies.

French IT company Atos spooked investors with a plan to split its operations and sell assets as well as the departure of CEO Rodolphe Belmer, sending its shares plunging by more than 25%. The departure of Belmer, who took over in January, follows weeks of reports of board divisions over revamping the company.

Elon Musk will speak to Twitter employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said, citing an email from Twitter Chief Executive Parag Agrawal to staff.

An advertisement soliciting donations for former President Donald Trump is seen as it was introduced as evidence at the second public hearing of the House Select Committee to Investigate the January 6 Attack on the United States Capitol, June 13, 2022. REUTERS/Jonathan Ernst


U.S.

Top advisers to then-President Donald Trump told him that his claims of widespread election fraud were unfounded and would not reverse his 2020 election loss, but he refused to listen, according to testimony at a hearing of the committee investigating the riot at the U.S. Capitol. Here are the key takeaways from the second day of hearings.

Trump's efforts to punish his perceived enemies will be tested in South Carolina today as Republican U.S. Representatives Tom Rice and Nancy Mace try to fend off Trump-backed primary election challengers. Here are three key races to watch in the midterm primaries.

Attorney General Merrick Garland endorsed a bipartisan Senate gun-safety proposal as "meaningful progress" as he announced new gun-trafficking charges in an effort to crack down on the gun violence plaguing America.

Governor Kathy Hochul signed legislation that protects patients getting abortions and medical professionals in New York from legal retaliation by other states that restrict the procedure. Here's how U.S. states are taking sides on abortion.

Thirty-one members of white nationalist group Patriot Front, arrested in Idaho over the weekend on suspicion of plotting to violently disrupt an LGBTQ pride event, were released from jail on bond and will make their initial court appearances in the coming weeks, a court official said.

WORLD


Authorities in China's capital warned that a COVID-19 surge in cases linked to a 24-hour bar was critical and the city of 22 million was in a "race against time" to get to grips with its most serious outbreak since the pandemic began.

Sri Lanka has approved a four-day work week for public sector workers to help them cope with a chronic fuel shortage and encourage them to grow food, the government said, as it struggles with its worst financial crisis in decades.

A Cambodian court handed down jail sentences to about 60 opposition figures including prominent lawyer Theary Seng for conspiring to commit treason, in a mass trial condemned by the United States and rights groups as politically motivated.

Narcotics production is growing in Europe, according to an estimate published by the EU drugs agency, which warned of a proliferation of new psychoactive substances being sold and consumed on the continent.

The first flight to take migrants arriving illegally in Britain to Rwanda can go ahead, Britain's Supreme Court ruled, after judges dismissed campaigners' latest attempt to win an injunction to stop it.

REFUGEE CRISIS

Please join us for a Reuters Newsmaker featuring Gillian Triggs, Assistant Secretary-General and Assistant High Commissioner for Protection with UNHCR, on Friday, June 17.

Quote of the day

"Heat is a super big deal for pregnant women"

Cecilia Sorensen

Director of the Global Consortium on Climate and Health Education at Columbia University

In hottest city on Earth, mothers bear brunt of climate change

Video of the day

Lebanese family turns to farming to survive crisis

When builder Qassem Shreim couldn't find work he turned to agriculture to keep his family afloat, learning how to set up greenhouses by watching YouTube videos.

And finally…

'Lightyear', with same-sex couple, will not play in 14 countries

Walt Disney has been unable to obtain permission to show its new Pixar movie 'Lightyear' in 14 Middle Eastern and Asian countries, and the animated film appears unlikely to open in China, the world's largest movie market.

More from Reuters

Sustainable Business The Great Reboot Disrupted Legal News Breakingviews

Thanks for spending part of your day with us.

You are receiving this email because you signed up for newsletters from Reuters. No longer want to hear from us? Unsubscribe from The Reuters Daily Briefing.

Terms, conditions, and privacy statement

© 2022 Thomson Reuters. All rights reserved.
3 Times Square, New York, NY 10036