Kyiv wants the EU to assume a new level of leadership. Handout via REUTERS |
Ukraine and Russia at war |
- Ukraine will ask the EU next week to consider big new steps to isolate Moscow, including seizing Russian assets and bringing in sanctions for some buyers of Russian oil, as US President Donald Trump has backed off from tightening sanctions.
- Analysis: Trump's two-hour call with Russian leader Vladimir Putin earlier this week was another blow to Kyiv and its allies, after the conversation yielded no progress in peace talks. Germany's defense minister said Trump misjudged his influence on Putin.
- Meanwhile in Russia, Putin visited the Kursk region for the first time since his forces ejected Ukrainian troops from the area.
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- Pakistan's army chief General Asim Munir is the most powerful man in the country, and his popular support has surged after the worst conflict in decades with India, shattering criticism of interference in politics and harshly cracking down on opponents.
- South African President Cyril Ramaphosa heads to the White House today. Reporter Daphne Psaledakis joins the Reuters World News podcast to explain what he will be trying to achieve in his meeting with the US president – a reset in relations.
- Trump's tax cut and spending bill is facing a critical stress test as Republicans in the US House of Representatives try to overcome internal divisions about cuts to the Medicaid health program and tax breaks in high-cost coastal states.
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- Japan's export growth slowed in April, weighed by a decline in shipments to the United States as businesses braced for the hit to a fragile economic recovery from Trump's tariffs.
- Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from Trump's tariffs until they are ready to sell the merchandise.
- Earlier today, stocks were muted and the US dollar under pressure, as investors fretted about the fiscal outlook for major developed economies and the lack of progress on trade deals. For more, you can watch our daily rundown on financial markets here.
- Britain suffered a bigger-than-expected inflation surge last month, including in areas watched closely by the Bank of England which investors now believe will have to slow its pace of interest rate cuts. Inflation leapt to 3.5% in April from 2.6% in March.
- In more news from Britain, retailer Marks & Spencer said a "highly sophisticated and targeted cyberattack" would cost it about $400 million in operating profit, with disruption set to run into July.
- Vietnam's prime minister and Trump's son Eric held a groundbreaking ceremony for a $1.5 billion luxury residential development with three 18-hole golf courses outside Hanoi.
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Model Tasha Ghouri poses at the Chelsea Flower Show in London. REUTERS/Toby Melville |
The Chelsea Flower Show, organized by the Royal Horticultural Society, takes place over five days in London, attracting royals and celebrities. We take a look at this year's edition. |
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Two Hollywood giants back together after 18 years. VALERY HACHE/Pool via REUTERS |
Spike Lee recalled this week at the Cannes Film Festival how he and Denzel Washington instantly picked up where they left off when filming their latest movie "Highest 2 Lowest", almost 20 years after they last worked together. "We didn't lose a step," he said. The new film, which received a standing ovation of almost six minutes, is scheduled for release in the United States on August 22. |
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