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* Asian shares hit a two-year low on Friday and have been heading for a weekly loss, whereas the greenback was set for its third week of positive factors as a recent slew of price hikes all over the world deepened considerations concerning the outlook for international financial development.
* Sri Lankan Prime Minister Ranil Wickremesinghe was sworn in as interim president earlier than the chief justice on Friday. Wickremesinghe was sworn in following the resignation of Gotabaya Rajapaksa.
* Australia’s Prime Minister (PM) Anthony Albanese has known as an emergency nationwide cupboard assembly to debate the escalating coronavirus disaster within the present winter months.
* The Italian head of state on Thursday rejected the resignation of Prime Minister Mario Draghi and requested him to handle parliament to get a transparent image of the political state of affairs, an announcement from President Sergio Mattarella’s workplace stated.
* Uzbekistan’s parliament on Friday prolonged a public session interval on proposed amendments to the nation’s structure that had led to lethal clashes within the northwestern area of Karakalpakstan earlier this month.
* President Joe Biden will talk about power provide, human rights, and safety cooperation in Saudi Arabia on Friday on a visit designed to reset the US relationship with a rustic he as soon as pledged to make a “pariah” on the world stage.
* United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan will fly to France on July 18 for his first official go to exterior the area since taking workplace in Could.
* Russia, Turkey, Ukraine and the United Nations have reached consensus on some points relating to grain exports and the negotiation will proceed, the Russian International Ministry stated Thursday.
* The Iranian navy warned the USA and Israel on Friday in opposition to threatening Iran with drive, Iranian media reported, after US President Joe Biden stated he would use drive as a final resort to forestall Tehran getting a nuclear weapon.
* The Worldwide Financial Fund continues to be in touch with officers at technical ranges inside the Sri Lankan authorities and hopes to have the ability to resume discussions with higher-level officers, an IMF spokesman stated on Thursday, after Sri Lanka’s president introduced his resignation.
* Preliminary jobless claims in the USA final week rose to 244,000, the best degree in eight months and the newest signal that the labor market is likely to be cooling, the US Labor Division reported on Thursday.
* International direct funding (FDI) in Republic of Korea logged a double-digit fall within the first half of this yr as a consequence of uncertainties at residence and overseas, authorities knowledge confirmed Friday.
* Representatives of some 150 Cuban and 80 Mexican firms on Thursday attended the opening of the Cuba-Mexico Enterprise Discussion board on the Resort Nacional de Cuba within the capital metropolis Havana.
* The United Arab Emirates desires a extra secure oil market and can abide by selections made by OPEC+, the diplomatic adviser to UAE president Sheikh Mohammed bin Zayed al-Nahyan stated on Friday.
* The European Fee (EC) on Thursday signed an settlement with Portugal offering 23 billion euros’ (23.02 billion USD) financing for implementing the Portugal 2030 program.
* Nominations for Russian gasoline flows into Slovakia from Ukraine by way of the Velke Kapusany border level have been regular on Thursday, whereas flows by way of the Nord Stream 1 pipeline remained shut off as a consequence of upkeep.
* Salvadoran Finance Minister Alejandro Zelaya minimized on Thursday the potential constructive impression of a long-delayed cope with the Worldwide Financial Fund, even because the extremely indebted nation stares down a attainable medium-term default.
* Britain’s Met Workplace climate forecaster on Friday issued a crimson ‘Excessive Warmth’ warning for components of England forward of anticipated hovering temperatures on Monday and Tuesday subsequent week.
* A heatwave continues to blaze throughout Shanghai (China), with the municipality recording a complete of 15 days with temperatures above 35 levels Celsius this yr as of Thursday, together with three days above 40 levels Celsius.
* Round 25 million youngsters all over the world missed out on routine vaccinations that defend in opposition to life-threatening ailments final yr, because the knock-on results of the pandemic proceed to disrupt healthcare globally.
* India Friday recorded over 20,000 recent circumstances of COVID-19 for the second straight day, officers stated. India’s energetic caseload presently stands at 139,073.
* Denmark has detected the primary case of the Omicron subvariant BA.2.75 because of its COVID-19 sequencing efforts, the Well being Ministry stated on Thursday.
* Canada licensed Moderna Inc’s MRNA.O COVID-19 vaccine for infants as younger as 6 months previous, making it the nation’s first vaccine in opposition to coronavirus for kids underneath 5, Well being Canada stated.
* Sufferers with lengthy COVID may even see some enchancment after respiration pure oxygen in a high-air-pressure surroundings, in keeping with knowledge from a small Israeli trial.
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