Anna's Daybreak News

Good morning news enthusiasts! Buckle up and join the ride as we navigate through the ever-changing currents of the news world.

• Russia launched a massive air attack on the Ukranian port of Odesa for a second night in a row.


• The attack was described as “very powerful, truly massive” and “hellish” by Ukrainian officials.


• Moscow withdrew from a year-old Black Sea grain agreement that allowed for the safe exports of Ukraine's grain, a move the United Nations said risked creating hunger around the world.


• In response, Ukraine is "fighting for global security and for our Ukrainian farmers" and is working on options to keep commitments on food supply.


• It's a David vs. Goliath story - and right now, Ukraine is in need of all the help it can get
Source: Read More

• Private Second Class Travis King, 23, is believed to be in North Korean


• U.S. military believes soldier is in custody in the North


• US soldier skipped his flight to Fort Bliss, Texas after being charged with assault from his duty station.


• Earned multiple awards while serving in the Army since January 2021.


• North Korea fired two ballistic missiles on Wednesday


• U.S. soldier reportedly wanted to join a civilian tour and attempted to flee instead of returning to his home unit in the United States


• Rather than taking the sentence from the US, the soldier decided to seek another path - by fleeing to North Korea, which is known for being a paramount of justice ...
Source: Read More

• Britain's inflation rate dropped by 0.8% in June compared to the economists expectations of 0.5%.


• This marks the slowest rate of inflation in more than a year, with a CPI of 7.9%.


• Interest rates have started to take an effect, indicating a possible wage-price spiral may have been curtailed.


• The news of a decrease in inflation is a welcomed relief in Britain, allowing citizens to breathe a collective sigh of joy as their wallets might feel a bit heavier
Source: Read More

• Starwood Capital Group, owned by Barry Sternlicht, is in default on a $212.5 million mortgage backed by the Atlanta office tower, Tower Place 100.


• Mortgage matured on July 9 and Starwood failed to refinance or pay off the debt.


• Atlanta’s vacancy rate hit 22.4% in June, significantly higher than the US average, indicating the still-sluggish property market.


• Cleary Gottlieb partner, Richard Cooper has had his phone ringing a lot lately with upsetting news from the global economy.


• Big corporate bankruptcies are rising at the second-fastest rate since 2008, only second to the early days of the pandemic.


• The wave of corporate bankruptcies is building now that an era of easy money has come to an end.


• It's time to prepare for the financial tsunami that seems to be heading our way
Source : Read More

Baked with love,

Anna Eisenberg ❤️