Monday Briefing: Biden's G7 to-do list - unite allies, fight autocracy, attack COVID-19

Monday, June 7, 2021

by Linda Noakes

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Here's what you need to know.

The G7 hopes to show the West is not over yet, how ethnic killings exploded in Ethiopia, and Google is to change its global advertising practices

Today's biggest stories

A person walks past The Cornish Arms pub as the G7 nations' flags flutter next to the Cornish flag, ahead of the G7 summit, in Carbis Bay, Cornwall, Britain, June 5, 2021. REUTERS/Tom Nicholson

U.S.

President Joe Biden's meeting with leaders of the G7 leading industrial economies in an English seaside village this week will usher in a new focus on rallying U.S. allies against common adversaries - the COVID-19 pandemic, Russia and China.

The United States' reputation as the leading global power has suffered in France and Germany because of Washington's handling of the pandemic that has killed nearly 600,000 Americans, a poll shows.

U.S. officials ratcheted up pressure on companies and foreign adversaries to fight cybercriminals, and said Biden is considering all options, including a military response, to counter the growing threat.

West Virginia Democratic Senator Joe Manchin, a crucial swing vote in the Senate, announced he intends to oppose a sweeping voting rights bill backed by the majority of his fellow Democrats that would expand access to voting across the United States.

FILE PHOTO: Bayesh Achamu mourns during a memorial service for her husband Dejen Wase who was killed in ethnic violence in the town of Mai Kadra, Ethiopia, March 6, 2021. REUTERS/Baz Ratner

WORLD

Soon after fighting broke out in Ethiopia's western Tigray region last year, conflicting accounts surfaced of an ethnic massacre in a farming town called Mai Kadra. Now Reuters has uncovered how the violence began and the brutal cycle of vengeance and slaughter that followed.

Chinese birth control policies could cut between 2.6 to 4.5 million births of the Uyghur and other ethnic minorities in southern Xinjiang within 20 years, up to a third of the region’s projected minority population, according to a new analysis.

Key Indian cities re-opened for business, with long queues for buses in the financial hub of Mumbai while traffic returned to the roads of New Delhi after a devastating second wave of coronavirus that killed hundreds of thousands. We look at how India's vaccine inequity is worsening as the countryside languishes.

Conservative Keiko Fujimori is clinging to a razor-thin lead in Peru's presidential election race but socialist rival Castillo Pedro is narrowing the gap, setting up a likely photo finish. JP Morgan warned that the country could face capital flight if Castillo clinches the presidency.

BUSINESS

Google said it would make changes to its global advertising business to ensure it did not abuse its dominance, bowing to antitrust pressure for the first time in a landmark settlement with French authorities.

The United States, Britain and other large, rich nations reached a deal to squeeze more money out of multinational companies. We explain what it means.

Some Wall Street traders are betting against another massive rally in AMC Entertainment and other 'meme' stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong.

China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.

Quote of the day

"Ever since I was five years old, I've dreamed of traveling to space. On July 20th, I will take that journey with my brother"

Amazon's billionaire founder Jeff Bezos to fly to space

Video of the day

Thailand breeds and releases endangered bamboo sharks

The small, slow-moving, bottom-dwelling sharks have become endangered because of their popularity with fish collectors and exotic food diners.

And finally…

Meghan and Harry name baby daughter after Queen Elizabeth and Diana

Lilibet 'Lili' Diana Mountbatten-Windsor was born at the Santa Barbara Cottage Hospital in California, with Harry in attendance.

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