Rear Admiral John Mauger, the First Coast Guard District commander, speaks during a press conference in Boston, Massachusetts, June 22, 2023. REUTERS/Brian Snyder |
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- A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces from a "catastrophic implosion" that killed everyone aboard, the Coast Guard said, ending a multinational five-day search for the vessel.
- Experts raised safety concerns in 2018 about the submersible vessel Titan, as operator OceanGate opted against certifying it through third parties that set standards for the design safety of underwater vehicles. Movie director and submersible maker James Cameron said he wishes he had sounded the alarm earlier.
- Liability waivers signed by passengers may not shield the vessel's owner from potential lawsuits by the victims' families, legal experts said.
- The massive rescue effort for the Titan has many drawing comparisons to what happened when a fishing boat carrying hundreds of migrants sank near Greece last week. Today's Reuters World News podcast looks at the double standards in play on the high seas.
| - Ukraine's armed forces have halted a Russian offensive towards the cities of Kupiansk and Lyman in the east of the country, and are advancing in the south, a senior Ukrainian defense official said.
- Beijing upgraded its warning for hot weather to 'red' - the highest in a color-coded alert system - with many parts of the Chinese capital roasting in temperatures of up to 40 degrees Celsius.
- Indian Prime Minister Narendra Modi denied that discrimination against minorities existed under his government during a press conference with US President Joe Biden, despite rights groups and State Department reports of abuses.
- Biden will sign an executive order designed to protect and expand access to contraception, after a Supreme Court ruling last year overturning the constitutional right to abortion raised fears that birth control could also face restrictions.
- Every country in the world will see rates of diabetes rise in the next 30 years without action, according to a new global study. The majority of the cases are type 2 diabetes, the form of the disease that is linked to obesity and largely preventable.
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Federal Reserve Board Chairman Jerome Powell testifies at a Senate Banking Housing and Urban Affairs Committee on Capitol Hill, June 22, 2023. REUTERS/Julia Nikhinson | |
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- US Federal Reserve Chair Jerome Powell said the central bank would move interest rates at a "careful pace" from here as policymakers edge towards a stopping point for their historic round of monetary policy tightening.
- Euro zone business growth stalled this month as a manufacturing recession deepened and a previously resilient services sector barely grew, leaving the European Central Bank in a policy dilemma as it presses ahead with rate hikes to fight inflation.
- Britain's economy showed signs of a slowdown this month but inflation pressures stayed high, according to a survey published a day after the Bank of England raised interest rates sharply and said it was ready to do more to tame price growth.
- Zambia has struck a deal to restructure $6.3 billion in debt owed to other governments, including China, marking a long-awaited breakthrough for indebted nations around the world that have faced lengthy negotiations with creditors.
- Siemens Energy saw $6.3 billion wiped off its market capitalization after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.
- Amazon.com isn't the only US retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers' subscription programs are facing growing scrutiny.
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- It's been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as inflation tightens its grip on the global economy.
- Investors will get a look at the state of China's manufacturing juggernaut, as well as the Federal Reserve's favored measure of inflation, while the world's central bankers gather in Portugal for an annual forum. Here's a look at the week ahead in markets.
- Former Prime Minister Kyriakos Mitsotakis' conservatives appear set to win a repeat election in Greece on Sunday after an inconclusive vote on May 21, putting him back in office. Here's how Greece's election system works.
- The US nuclear-powered aircraft carrier Ronald Reagan will stop at Central Vietnam's port city of Danang on Sunday in a rare visit for a US warship to the southeast Asian nation, as tensions with Beijing in the South China Sea remain high.
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House of Kawakubo members pose for a picture at a voguing 'ball' in Shanghai, China, May 13, 2023. REUTERS/Aly Song |
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Two hundred people gathered in a club in a basement in China's financial capital to cheer competitors who sashayed and danced down a red carpet under the scrutiny of judges.
Events like these, known as 'balls', celebrate a subculture centred on the LGBTQ community that dates from mid-20th century dance halls in New York's Harlem, before being adopted by queer communities of color in the 1980s.
But as International Pride Day approaches, the future for such activities looks increasingly uncertain in China. | |
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Racegoers flocked in their finery to Royal Ascot - one of the highlights of the traditional British summer 'social season'. | |
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