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Daily Briefing
Daily Briefing
By Edson Caldas
Hello. Donald Trump made South African President Cyril Ramaphosa the target of his latest geopolitical ambush in front of television cameras. We look what this could mean for future meetings with foreign leaders at the White House.
But first, we cover a fatal shooting of two Israeli embassy staffers.
Today's Top News
Police officers work at the site where Israeli embassy staff were shot dead in Washington, DC. REUTERS/Jonathan Erns
United States
Two Israeli embassy staffers, a couple about to be engaged, were killed by a lone gunman as they left an event at the Capital Jewish Museum in Washington. The suspect has been identified as 30-year-old Elias Rodriguez from Chicago. Follow live updates here.
President Donald Trump confronted South African President Cyril Ramaphosa with explosive false claims of white genocide and land seizures. Correspondent Jeff Mason tells the Reuters World News podcast that the tense White House meeting was reminiscent of his February ambush of Ukrainian leader Volodymyr Zelenskiy.
Trump's unprecedented use of the presidential setting for such displays could prompt foreign leaders to think twice about accepting his invitations and risk public humiliation.
Meanwhile in the House of Representatives, the president's sweeping tax and spending bill cleared a crucial hurdle, as lawmakers voted roughly along party lines to begin a debate that would lead to a vote on passage later this morning.
In other news
Britain was temporarily blocked from concluding a deal on the Chagos Islands with Mauritius after an eleventh-hour injunction by a London High Court judge, postponing an agreement aimed at securing the future of the US-UK Diego Garcia air base.
Dozens of people were injured during a protest outside Argentina's Congress where activists and retired Argentines demanded higher pensions, according to Reuters witnesses.
Twenty-one people have been trapped after torrential rain triggered landslides in China's southwestern Guizhou province, with the military deployed to assist in rescue efforts.
Business & Markets
The European Central Bank is expected to cut interest rates once again in June but the case is growing for a pause beyond that as the economy is holding up better than feared and an inflation challenge is starting to creep up on the horizon.
Finance leaders from the Group of Seven industrialized democracies sought to downplay disputes over Trump's tariffs and find some common ground to keep the forum viable as they met in the Canadian Rocky Mountains.
Earlier today, the bond vigilantes were stalking global debt markets, keeping the dollar and stocks subdued too, ahead of a crucial vote in the US on Trump's "big beautiful" tax bill.
A proposal for the US Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the heads of its regional banks who worry it will be hard to agree on a common outlook and risks further confusing the public.
Rio Tinto CEO Jakob Stausholm will step down later this year once a successor is appointed, the world's largest iron ore miner said, adding that a selection process for the role is underway.
Nike is planning to raise prices of some products from next week and will sell items on Amazon after six years, as it works to regain market share from newer and trendier competitors.
In Pictures
Kate Middleton and Prince William host garden party. Kirsty Wigglesworth/Pool
Britain's Prince William and Kate, the Princess of Wales, greeted guests as they hosted a garden party at Buckingham Palace. We bring you some of the best pictures.
Universal's new Epic Universe park challenges Disney in Florida. REUTERS/Marco Bello
For decades, Universal Orlando Resort was a pit stop on a vacationer's way to Walt Disney World. Now, NBCUniversal owner Comcast aims to rewrite the travel itinerary with Epic Universe, a major new theme park in Central Florida set to open today.
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