Kremlin slams Trump tariff pressure on India over Russian oil as illegalNew Foto - Kremlin slams Trump tariff pressure on India over Russian oil as illegal

MOSCOW (Reuters) -Russia accused the United States on Tuesday of exerting illegal trade pressure on India after U.S. President Donald Trump threatened again to raise tariffs on India over its purchases of Russian oil. "We hear many statements that are in fact threats, attempts to force countries to cut trade relations with Russia. We do not consider such statements to be legal," Kremlin spokesman Dmitry Peskov told reporters. "We believe that sovereign countries should have and do have the right to choose their own trading partners, partners for trade and economic cooperation, and to choose for themselves the forms of trade and economic cooperation that are in the interests of a particular country." Trump has said that from Friday he will impose new sanctions on Russia as well as on countries that buy its energy exports, unless Moscow takes steps to end its 3-1/2 year conflict with Ukraine. Russian President Vladimir Putin has signalled no change in Russia's stance on the war, despite the looming deadline. New Delhi has called Trump's threats "unjustified" and vowed to protect its economic interests, deepening a trade rift between the two major economies. Two Indian government sources told Reuters on the weekend that India will keep purchasing oil from Russia despite Trump's threats. (Reporting by Dmitry Antonov; Writing by Lucy Papachristou; Editing by Mark Trevelyan)

Kremlin slams Trump tariff pressure on India over Russian oil as illegal

Kremlin slams Trump tariff pressure on India over Russian oil as illegal MOSCOW (Reuters) -Russia accused the United States on Tuesday of ex...
Futures edge up on growing Fed rate-cut bets; earnings in focusNew Foto - Futures edge up on growing Fed rate-cut bets; earnings in focus

(Reuters) -Wall Street futures edged higher on Tuesday, building on momentum from the previous session as expectations for the Federal Reserve's interest rate cuts grew, while investors assessed a new round of major corporate earnings. At 5:23 a.m. ET, Dow E-minis were up 46 points, or 0.1%, S&P 500 E-minis were up 7.75 points, or 0.12% and Nasdaq 100 E-minis were up 34.25 points, or 0.15%. Wall Street on Monday recorded its best session since May 27 and recouped losses from Friday's selloff as weaker-than-expected July jobs data and significant downward revisions to previous months' data intensified bets for a September interest rate cut. According to CME Group's Fedwatch tool, the odds for a September rate cut now stand at 88.2%, compared with 63.3% a week earlier. Market participants expect at least two quarter-point cuts by the end of the year. In another twist, President Donald Trump's decision to fire the head of the Bureau of Labor Statistics, responsible for past jobs data, stoked investors' fears about the integrity of economic data. Federal Reserve Governor Adriana Kugler's surprise resignation on Friday also opened avenues for Trump to shake up the Fed's leadership earlier than expected. The U.S. president has repeatedly criticized Fed Chair Jerome Powell for not cutting interest rates. "U.S. growth resilience has been relatively remarkable so far, even if the U.S. job market is raising doubts about what's coming next," said Amelie Derambure, senior multi-asset portfolio manager at Amundi. The final July reading of S&P Global's Purchasing Managers' Index is scheduled for release at 9:45 a.m. ET, followed by the Institute for Supply Management's non-manufacturing PMI at 10:00 a.m. ET. Investors also weighed the impact of U.S. tariffs on global economies and corporate earnings. Trump on Monday threatened to raise import tariffs on goods from India over its Russian oil purchases, while New Delhi called the attack "unjustified" and vowed to protect its economic interests. Markets were also still watching if Trump will decide to extend a trade truce with China that expires on August 12, or potentially let tariffs shoot back up to triple-digits. Earnings from major names on Tuesday include Advanced Micro Devices, Pfizer, Snap, Rivian, and Yum Brands. Among other movers, Palantir Technologies rose 5.4% in premarket trading after raising its annual revenue forecast for the second time, driven by strong demand for its AI-linked services. Online telehealth company Hims and Hers Health crashed 12.4% after missing Street estimates for second-quarter revenue, as subscribers for its compounded versions of weight-loss drugs declined. Inspire Medical Systems sank 25.3% after its second-quarter earnings failed to impress investors. (Reporting by Nikhil Sharma in Bengaluru; Editing by Maju Samuel)

Futures edge up on growing Fed rate-cut bets; earnings in focus

Futures edge up on growing Fed rate-cut bets; earnings in focus (Reuters) -Wall Street futures edged higher on Tuesday, building on momentum...
Funding cuts drive Sudan's children to the brink of irreversible harm, UNICEF saysNew Foto - Funding cuts drive Sudan's children to the brink of irreversible harm, UNICEF says

By Olivia Le Poidevin GENEVA (Reuters) -Funding cuts are driving an entire generation of children in Sudan to the brink of irreversible harm as support is scaled back and malnutrition cases persist across the country, the U.N. children's agency said on Tuesday. UNHCR and other UN agencies face one of the worst funding crises in decades, compounded by U.S. and other donor states' decisions to slash foreign aid funding. "Children have limited access to safe water, food, healthcare. Malnutrition is rife, and many good children are reduced to just skin, bones," said Sheldon Yett, UNICEF's Representative in Sudan, speaking via video link from Port Sudan. Sudan's conflict between the army and rival Rapid Support Forces has displaced millions and split the country into rival zones of control with the RSF still deeply embedded in western Sudan. Several areas to the south of Sudan's capital Khartoum are at risk of famine, the World Food Programme said in July. Children were being cut off from life-saving services due to funding cuts, while the scale of need is staggering, UNICEF said. "With recent funding cuts, many of our partners in Khartoum and elsewhere have been forced to scale back... We are being stretched to the limit across Sudan, with children dying of hunger," Yett said. "We on the verge of irreversible damage being done to an entire generation of children in Sudan." Only 23% of the 4.6 billion dollar global humanitarian response plan for Sudan has been funded, according to the United Nations Office for the Coordination of Humanitarian Affairs. Access to areas in need also continues to be a challenge, with some roads rendered inaccessible due to the rainy season, hampering aid delivery efforts, UNICEF said. Other areas continue to be under siege, such as Al-Fashir. "It has been one year since famine was confirmed in ZamZam camp and no food has reached this area. Al-Fashir remains under siege. We need that access now," said Jens Laerke of OCHA. (Reporting by Olivia Le Poidevin; editing by Matthias Williams and Alex Richardson)

Funding cuts drive Sudan's children to the brink of irreversible harm, UNICEF says

Funding cuts drive Sudan's children to the brink of irreversible harm, UNICEF says By Olivia Le Poidevin GENEVA (Reuters) -Funding cuts...
Outrage in Israel as hostage 'horror' videos emerge at decision time for Netanyahu's governmentNew Foto - Outrage in Israel as hostage 'horror' videos emerge at decision time for Netanyahu's government

"What I'm doing now is digging my own grave," says Evyatar David, as his fragile figure, weak with hunger, scrapes at the dirt with a shovel in a cramped Gaza tunnel. "Every day, my body becomes weaker and weaker," the 24-year-old hostage adds, "and time is running out." This is just one of the horrifying scenes recorded in thelatest hostage videosreleased by Hamas and Palestinian Islamic Jihad at the weekend showing two of the surviving Israeli hostages, kidnapped on October 7, 2023, sharply deteriorating in captivity. Broadcast of the disturbing images across Israeli and international media was approved by the traumatized hostage families, who told CNN they wanted the plight of their loved ones to be witnessed. "Evyatar was a young, healthy man before he was abducted, even a bit chubby. Now he looks like a skeleton, a human skeleton, buried alive," the captive's brother, Ilay David, told CNN in Tel Aviv. The state of Rom Braslavski, still just 22, seems even more dire. In a video released by the Palestinian Islamic Jihad group holding him, his emaciated body is shown writhing in pain on the floor of a makeshift Gaza prison as he tearfully pleads for relief. "My foot doesn't look good and I can't walk to the bathroom. I've run out of food and water. I can't sleep, I can't live," he sobs. His own mother says her son's weak voice sounds like he's accepted he may never come out alive. The videos come amid a worsening hunger crisis in Gaza, with a UN-backed food security agency warning this week that the"worst-case scenario of famine" is unfolding in the territory. Health officials in Gaza say a further 13 people died from malnutrition over the weekend, including one child, bringing the total death toll from starvation since the conflict began in 2023 to at least 175. It all piles further pressure on the Israeli government, already facing growing international isolation over the catastrophic humanitarian situation in Gaza, and now facing renewed calls for it to get the remaining 50 hostages back home from Gaza as soon as possible. How best to do that is one of the key questions dividing Israeli opinion. "The horror videos by Hamas stem from one goal – their attempt to pressure the State of Israel," said Itmar Ben Gvir, the right-wing firebrand, in remarks made during a controversial visit at the weekend to the Al Aqsa Mosque compound in East Jerusalem, known to Jews as Temple Mount. "It is from here that a message must be sent: to conquer the entire Gaza Strip, declare sovereignty over all of Gaza, eliminate every Hamas member, and encourage voluntary emigration. Only in this way will we bring back the hostages and win the war," Ben Gvir added. His calls to double down on Israel's already devastating military action in Gaza, and to essentially evict the local Palestinian population, might be dismissed as the ravings of a fringe radical. But Ben Gvir is a senior minister in the Israeli government and Prime Minister Benjamin Netanyahu depends on him and other Jewish nationalist hardliners, who are against any kind of deal with Hamas, to keep his fragile governing coalition in power. Furthermore, Israeli media reports suggest Netanyahu may indeed beleaning towardsstepping up military operations in Gaza. In the past, many Israelis, including many hostage families, have accused Netanyahu of deliberately prolonging the Gaza conflict in order to preserve his governing coalition, accusing him of essentially sacrificing their loved ones to cling on to power. But the latest hostage videos, showing emaciated captives in a, frankly, appalling state have provoked shock and outrage across Israel. With hostage families convinced time is running out for their loved ones to be rescued or returned, enormous pressure has been placed on the Israeli government to strike a deal with Hamas before it is too late. For more CNN news and newsletters create an account atCNN.com

Outrage in Israel as hostage ‘horror’ videos emerge at decision time for Netanyahu’s government

Outrage in Israel as hostage 'horror' videos emerge at decision time for Netanyahu's government "What I'm doing now is ...
A Korean university student and daughter of a priest was detained by ICE. Faith leaders rallied to secure her releaseNew Foto - A Korean university student and daughter of a priest was detained by ICE. Faith leaders rallied to secure her release

A South Korean student at Purdue University and the daughter of a beloved Episcopal priest was released from federal immigration detention late Monday, days after her arrest drew outcry and an outpouring of support from faith leaders. Yeonsoo Go, known as "Soo" to friends and family, spent five days in custody after agents with US Immigration and Customs Enforcement arrested her as she left what lawyers described as a routine visa hearing in Manhattan on Thursday. "We are so gratified to know that as of this evening, Soo has been returned to 26 Federal Plaza (in Manhattan), and she has been released into her own recognizance," Mary Rothwell Davis, an attorney for the Episcopal Diocese of New York, where Go's mother serves as a priest, told CNN. The 20-year-old has been reunited with her mother, Davis added. Go was arrested Thursday after attending an immigration hearing to get her R-2 visa, a religious worker's dependent visa, converted to a student visa, according to Davis. Go moved to the US in 2021 with her mother, the Rev. Kyrie Kim. Lawyers for the Episcopal Diocese in New York said Go's current visa doesn't expire until December, disputing claims from the Department of Homeland Security that she overstayed her visa. Department of Homeland Security Assistant Secretary Tricia McLaughlin told CNN Go's visa "expired more than two years ago," and she was placed in "expedited removal proceedings" after her arrest Thursday. CNN has reached out to DHS and ICE for details about why she was released. Ahead of Thursday's hearing, Go told a friend she was nervous about her appointment given the stream of headlines about the Trump administration's aggressive pursuit of immigration enforcement,CNN affiliate WABCreported. Her fears were realized when she and her mother left her hearing to find ICE agents waiting for her. Go was immediately arrested and placed in federal detention for 48 hours, Davis said, before being moved – likeso many recent ICE detainees– to a facility in Louisiana. For days, church communities in New York and South Korea took to the streets and social media to condemn her treatment by US immigration authorities. "We worked very hard for our voices to be heard, to lift her up and to convey that Soo does not deserve to be in detention, and it's been heard," Davis said. "So grateful that Yeonsoo gets to sleep in her own bed tonight that she was returned to her mother after five days of tirelessly waiting to see what was going on, being transferred to detention centers," Ashley Gonzalez-Grissom, another attorney for the Episcopal Diocese, told WABC. Supporters from the Episcopal Diocese of New York, the Interfaith Center of New York and the New York Immigration Coalition called for Go's release during a gathering in Manhattan's Federal Plaza Saturday. They didn't know Go was being transported to a detention facility in Louisiana at the same time, Davis told CNN. The crowd prayed, sang songs and marched with signs bearing the 20-year-old's picture. Go's friends spoke about the positive influence she had on those around her. "Soo has been there for me," Gabriella Lopez said, referring to Go. Another friend said she and Go used to make meals for the homeless together, according to footage of the Saturday event from WCBS. Lopez said Go expressed concern before her visa hearing on Thursday. "She has been a little nervous, given the climate … and now her fears have come true," Lopez told WABC. Go's mother was receiving "regular calls" from her daughter after her arrest, the Rev. Matthew Heyd of the Episcopal Diocese of New York told WABC Saturday, but on Monday, Go's father told CNN they only learned their daughter had been moved to Louisiana from online records. Go was held at the Richwood Correctional Center in Monroe, Louisiana, according to ICE records. "When I first heard the news about Yeonsoo, my mind went completely blank," Go's father, Sorg-young, told CNN. His daughter's hard work in high school in Scarsdale, New York, helped her get into Purdue University's College of Pharmacy, he said. He hoped she would have a bright future after successfully completing her freshman year. "It's heartbreaking that this happened just as she was preparing for her second year. She's a bright, outgoing girl with many friends," Go's father told CNN. "(Go) was a valued member of our school community, and both her guidance counselor and I have provided letters attesting to her good character and important contributions," Drew Patrick, the Superintendent of Scarsdale Schools, said in a statement to CNN. Reverend Kim, Go's mother, is the first woman to have been ordained in the Seoul Diocese of the Anglican Church of Korea. Over the weekend, the church joined those calling for Go to be released. "We urge the prompt release of Ms. Go and call for a fair and transparent review of her immigration status in a manner that upholds human dignity and the values our nations share," the Rev. Dongshin Park, Primate of the Anglican Church of Korea, said in the statement, noting the US "has long been a symbol of liberty, justice, and opportunity, and a trusted partner of Korea." The 20-year-old's detainment took place amid the Trump administration's attempts to tighten its reins on "sanctuary cities" like New York City. The Justice Department in Julysued the cityfor policies "designed to impede the Federal Government's ability to enforce the federal immigration laws." The family appealed to the South Korean government to take action over his daughter's case, Go's father said. "I hope the South Korean government does everything in its capacity, as quickly as possible, so Yeonsoo can be released from her detention as soon as possible," he said. South Korea's Ministry of Foreign Affairs said it is in communication with US officials over Go's detention, telling CNN, "The government has been providing the necessary consular assistance since becoming aware of the case." Purdue University spokesperson Trevor Peters told CNN the university is aware of reports of "a visa situation involving one of our students" and said school officials have reached out to the student's family. This story has been updated with additional information. For more CNN news and newsletters create an account atCNN.com

A Korean university student and daughter of a priest was detained by ICE. Faith leaders rallied to secure her release

A Korean university student and daughter of a priest was detained by ICE. Faith leaders rallied to secure her release A South Korean student...

 

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