Anna's Daybreak News

Happy Friday news fiends! Join the news frenzy and stay informed like never before!

• Russia mounts third straight night of air strikes in Black Sea against Ukraine ports, resulting in 27 reported civilian injuries.


• U.S. says Ukraine using cluster munitions, and Moscow threatens ships bound for Ukrainian waters.


• U.N. Security Council to discuss end of grain deal, as Russia withdraws from agreement that allowed Ukraine to export part of its grain harvests, sending prices of wheat jumping even further.


• Ukraine is responding to Russia's threats of attacking vessels heading to their ports.


• Russia has been attacking Ukrainian grain storage facilities and warned that all vessels headed to Ukrainian ports would be considered potential carriers of military supplies.


• In the end, the only winners of this conflict are the insurance companies and military weapon manufacturers
Source: Read More

• Taiwan Semiconductor Manufacturing Co. (TSMC) was the biggest loser, falling more than 5%, after cutting its outlook and postponing the start of production at its Arizona project until 2025.


• Tech giants Apple Inc., Nvidia Corp., Tokyo Electron Ltd., and ASML Holding NV, among others, were also affected, with shares sliding globally.


• Washington is trying to reduce global reliance on Asia supply, but the collapse of TSMC and other tech companies suggests the market slump may last longer than previously expected.


• Looks like the global economy is doomed unless we can find a way to put an end to this US vs. China technological warfare — but where's Captain America when you need him?
Source: Read More

• The Conference Board's Leading Economic Index fell for the 15th straight month in June.


• The decline was driven by a weakening consumer outlook, higher unemployment claims, and tighter monetary policy.


• This is the longest streak of decreases since the lead-up to the 2007-2009 recession.


• The Conference Board forecasts a U.S. recession from Q3 of 2023 to Q1 of 2024.


• It's time to stock up on toilet paper and canned goods!
Source: Read More

• North Korea has warned of nuclear retaliation over US displays of military force


• The warning was in response to the deployment of US aircraft carriers, bombers, and missile submarines in South Korea


• Last year, North Korea codified a new law declaring its status as a nuclear-armed state "irreversible"


• As tensions increase, U.S. soldier Travis King crossed the border into North Korea - and has yet to be heard from


• It looks like we may be able to keep the peace until North Korea's Kim Jong Un runs out of snacks and surrenders!
Source : Read More

Baked with love,

Anna Eisenberg ❤️