🇱🇰 Sri Lanka extended its nationwide curfew to Thursday, with the army threatening to shoot anyone who damages property after weekslong protests turned violent. Follow the latest: https://bloom.bg/3L4EO6m

😷 Abandoning China's strict Covid Zero policy would risk a "tsunami" of virus cases and up to 1.6 million deaths, a study published in Nature finds. https://bloom.bg/399UbNU

🚪 New Zealand is fully reopening its border on July 31, two months earlier than planned. https://bloom.bg/3PgUgjs

Here's the latest on the war in Ukraine:

🛑 Ukraine and Russia clashed over natural gas sent via pipelines to Europe in a spat that’s disrupting supplies transiting the war-hit country for the first time since the invasion.
https://bloom.bg/3vZHFcB

🪖 Ukraine deployed US-supplied howitzers to the front but warned of hard times to come as it waits for more weapons to arrive.
https://bloom.bg/3wnmznB

💥 Russia hits Ukraine’s quiet zone to target trade as a damaged bridge has cut southwestern-most corner “Bessarabia” from the rest of Ukraine.
https://bloom.bg/38oXkZX

🇰🇵 North Korean leader Kim Jong Un ordered a nationwide lockdown after the country confirmed its first Covid case. https://bloom.bg/3l36QEQ

📉 The implosion of Terra is shaking the foundations of the stablecoin complex. Crypto billionaires are seeing a wealth wipeout as the market craters. https://bloom.bg/3Ma0Xll

✈ A Tibet Airlines plane burst into flames after veering off the runway during takeoff at China’s Chongqing Airport, footage on social media shows. https://bloom.bg/3N6MxSR

Here's the latest on the war in Ukraine:

🗣️ NATO chief Jens Stoltenberg says the “accession process would be smooth and swift” should Finland decide to join the military alliance, after Helsinki’s top policy makers threw their weight behind a bid.
https://bloom.bg/3wpwY1U

📈 European natural gas prices jump as disruptions to a key transit route through Ukraine and a move by Moscow to retaliate against sanctions ramped up the risk of supply cuts.
https://bloom.bg/3M7GHAQ

🛢️ Russia’s oil revenues are up 50% this year even as trade restrictions following the invasion of Ukraine spurred many refiners to shun its supplies, says the International Energy Agency.
https://bloom.bg/3MfPZuI

Hello 👋 Here’s what we’re following right now:

💹 A massive selloff in crypto wiped over $200 billion of wealth from the market in just 24 hours. Meanwhile, Tether – the world’s biggest stablecoin – took a victory lap after regaining its peg to the U.S. dollar. https://bloom.bg/3sznVKN

🇬🇧 Boris Johnson’s flagship plan to fix Britain is in trouble. An exclusive Bloomberg News analysis reveals which UK regions are making progress, and which lag behind. https://bloom.bg/3L8dZhF (That’s part of the new Bloomberg UK, which you can read more about here.)

📚 And these are the 10 best books for your summer reading list: https://bloom.bg/37F95Lu

Here's the latest on the war in Ukraine:

🇪🇺 The European Union is working on new investment tools to fund the bloc’s military spending, according to a draft report. https://bloom.bg/3wabKq5

🇺🇸 The Senate is forced to postpone final passage of a $40 billion Ukraine aid package after Senator Rand Paul refuses to allow the vote unless language he is demanding is added. https://bloom.bg/38rmYNN

💎 Russia’s invasion of Ukraine is fracturing the global diamond trade as US restrictions on Russia's giant diamond miner Alrosa PJSC cause panic across the industry. https://bloom.bg/3PjBB6n

Hello, here’s what we’re following right now:

📉 The global stock slump may not be over yet. Even after a mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global equities since 2008, key technical indicators show room for more declines. https://bloom.bg/3a72j2d

💬 Goldman Sachs Senior Chairman Lloyd Blankfein said the US is at a “very, very high risk” of recession. https://bloom.bg/3lbvUcK

🇨🇳 China’s economy shrank sharply in April, with Covid outbreaks and lockdowns dragging the industrial and consumer sectors to their weakest levels since early 2020. Unemployment climbed to 6.1%, higher than the 6% forecast. https://bloom.bg/3FV2GZl

Here's the latest on the war in Ukraine:

🍔 McDonald's says it will pull out of Russia after more than 30 years of operation in the country and take a write-off of $1.2 billion to $1.4 billion for the move. https://bloom.bg/3sCviBl

🇩🇪 German Foreign Minister Annalena Baerbock says she expects the European Union to impose sanctions on Russian oil within the next few days. https://bloom.bg/3FLx1cR

💶 The euro area’s pandemic recovery would almost grind to a halt, while prices would surge even more quickly if there are serious disruptions to natural-gas supplies from Russia. https://bloom.bg/3PmzJtI

🇰🇵 Kim Jong Un mobilized North Korea’s military to help fight the Covid crisis as suspected cases reached nearly 1.5 million in less than a month. https://bloom.bg/37WnIuc

💸 Singapore's former richest tycoon Forrest Li has lost more than 80% of his fortune, in a wipeout that shows the vulnerability of the quick wealth creation during the pandemic. https://bloom.bg/3FPgwfS

✈️ Sri Lanka's new government plans to sell its national airline and print money to pay government salaries, as the nation is set to formally default on foreign debt. https://bloom.bg/3Lm6FPy

📱 Hong Kong is considering blocking public access to Telegram, a local paper reported, potentially reviving fears the former British colony is moving closer toward Beijing-style internet controls.

It’s unclear how authorities intend to carry out such an action. Read more: https://bloom.bg/3FVQsQm

Here's the latest on the war in Ukraine:

🇪🇺 The European Union says that gas companies would violate sanctions if they open bank accounts in rubles to buy Russian gas. https://bloom.bg/3MrwQpy

🗣 Several European Union defense ministers and Finland’s president and prime minister express optimism that Turkish concerns over Sweden and Finland joining NATO can be resolved. https://bloom.bg/37SrjJz

🇩🇪 Germany is open to discussing a broad set of measures to help Ukraine rebuild once Russia ends its war, including offering EU guarantees for financing. https://bloom.bg/3PpomkE

🤝 Twitter's board says it plans to enforce its $44 billion agreement with Elon Musk, after he said the deal was "on hold." Behind the scenes, advisers for both sides have been working furiously to try to close the megadeal. https://bloom.bg/3Mtm5mw

😱 Startups are getting a reality check with job cuts and a sour investment climate. Valuations are tumbling and the tech industry is contracting after a decade-plus bull run. https://bloom.bg/3wzRuNx

✈️ Data from the crashed China Eastern plane suggest the Boeing jet took an intentional nosedive, the Wall Street Journal reports. https://bloom.bg/3FTA02V

Here's the latest on the war in Ukraine:

⛽ A German refinery on the Polish border has deep ties to Russia, and closing it risks jet fuel and diesel running dry in Berlin. https://bloom.bg/3wCs0iu

📑 Finland and Sweden handed in their formal applications to join NATO, as Austria’s foreign minister says there’s no fast track for Ukraine to gain European Union membership. https://bloom.bg/3woSTI0

👀 Germany’s ruling coalition is stripping former Chancellor Gerhard Schroeder of his office in the lower house of parliament over his close ties to Russia and President Vladimir Putin. https://bloom.bg/3yIs9DE

📉 Stocks extended a selloff, as inflation, rate hikes, Covid in China and war roil investors. A closely watched JPMorgan strategist says stocks can "climb out of this hole" and predicts there won't be a US recession this year. https://bloom.bg/3Ls4lqx

💰 Elon Musk lost $12 billion in a day as he tweeted his political switch from Democrat to Republican and slammed ESG. About $49 billion has been shaved off his wealth since launching the Twitter bid last month. https://bloom.bg/3NmHm1l

✈️ Singapore wants to keep its borders open and stay connected to the rest of world even if a new variant of Covid emerges, the country's transport minister says. https://bloom.bg/3Prrf4u

Here's the latest on the war in Ukraine:

🇨🇳 China is seeking to replenish its strategic crude stockpiles with cheap Russian oil, a sign Beijing is strengthening its energy ties with Moscow. https://bloom.bg/3G0cAZM

❌ Nearly three months after Vladimir Putin sent his troops into Ukraine, Russia faces more sanctions than any other country. https://bloom.bg/37Zju4Z

🪖 A 21-year-old Russian soldier facing the first war crimes trial since Moscow invaded Ukraine pleads guilty to killing an unarmed civilian. https://bloom.bg/39xQwcM

😷 Shanghai found its first cases of Covid outside of quarantine in six days, raising questions about whether the easing of the city’s lockdown will be impacted. https://bloom.bg/3wEKznH

🏦 Chinese banks cut a key interest rate as the virus slams the country's economy. Overall, Beijing's stimulus will top $5 trillion this year, Bloomberg calculations show. https://bloom.bg/3G6rFZY

🖼️ And in Singapore, a court issued a freezing injunction preventing the sale of a Bored Ape NFT, in a case that could have broad ramifications for digital assets. https://bloom.bg/3a1ildG

Here's the latest on the war in Ukraine:

✂ Russia is cutting Finland off from its natural gas supplies as relations between the two neighbors sour over the Nordic nation’s decision to join defense alliance NATO. https://bloom.bg/39EQpfn

⛑ The Group of Seven industrialized nations will agree on more than €18 billion ($19 billion) in aid for Ukraine to guarantee the short-term finances of the government in Kyiv. https://bloom.bg/3MKUk96

🇺🇦 Ukraine’s central bank is considering a return to regular monetary policy decisions as soon as next month in a sign the country’s financial system is getting back on its feet after Russia’s invasion. https://bloom.bg/3PsXP6d

🇦🇺 Australia's Anthony Albanese was sworn in as prime minister ahead of the Quad meeting in Tokyo. He's gone from being raised in public housing and spinning tunes as a DJ to leading the country. https://bloom.bg/3wzTUgq

🌡️ War, drought and production shortages mean the world is about to face a hot, deadly summer with frequent blackouts. https://bloom.bg/3a5v5js

🇬🇧 High-risk close contacts of monkeypox cases have been asked to self-isolate for 21 days in the UK. It also advises offering them a smallpox vaccine. https://bloom.bg/3NtrzxY

Here's the latest on the war in Ukraine:

💵 Russia considers a plan to ease a key control on capital flows that helped drive the ruble to the highest levels in four years, as the rally threatens to hurt budget revenues and exporters.
https://bloom.bg/3wEpnOg

🪖 In Davos, Ukrainian officials open an exhibit of photos and video showing alleged war crimes committed by Russian troops. As many as 100 Ukrainian soldiers may be dying each day in severe fighting in the Donbas, currently the main focus of the Kremlin’s invasion, according to President Volodymyr Zelenskiy.
https://bloom.bg/3sSa8Pw

🗣 Russia’s aggression cannot be tolerated, Japanese Prime Minister Fumio Kishida tells US President Joe Biden during a meeting in Tokyo to discuss regional security and economic cooperation.
https://bloom.bg/3LzTNpf

Hello, here’s what we’re following right now:

🇹🇼 Joe Biden’s latest gaffe on Taiwan – he answered “yes” when asked if the US would act “militarily” to defend the island in the event of a Chinese attack – risks undermining the president’s bid to curb Beijing’s growing influence over the region. https://bloom.bg/3wCXiWo

👨‍⚖️ Billionaire Robert Brockman must stand trial for the largest tax evasion case against an individual in US history despite asserting dementia leaves him incompetent, a judge ruled. https://bloom.bg/3NvtyBJ

🥢 And Singapore's beloved chicken rice is about to get more expensive. https://bloom.bg/3sUEgdb