Feeling Emboldened After Attacks On Moscow, Zelensky Threatens Belarus With Military Action

A growing number of civilians are flooding out of towns and villages in southern Lebanon over the past 48 hours. Some 30,000 civilians were displaced already Monday, and the number is expected to grow markedly as Israeli troops launched a new ground invasion of the country. Israel had ordered evacuations in several locations in Lebanon […]

Chinese Stocks, Yuan Drop After Dismal Data Dump: Worst Retail Sales Since COVID China’s consumer spending and investment slumped in May to levels unseen since the pandemic, exposing risks for an increasingly two-speed economy, as Bloomberg's Chang Shu and Eric Zhu noted: "The supply side remains robust, driven by faster-than-expected expansion in exports and AI tech sectors. The demand side has faltered, with consumption and private non-tech investment plummeting." Here's the details: Industrial Production Industrial production (IP) growth rose modestly to 4.5% yoy from 4.1% yoy thanks to stronger-than-expected exports, although automobile output growth remained...