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The Daily Brief: Joe Biden and Boris Johnson Meet Ahead of G7 Summit

Joe Biden and Boris Johnson Meet Ahead of G7 Summit

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Summary:

  • On his first foreign trip since being sworn in as US President, Joe Biden has arrived in Carbis Bay, England, the site of the G7 Summit.
  • The G7 Summit is an international meeting between the leaders of Britain, France, Germany, the US, Italy, Japan and Canada to coordinate policy and discuss global issues.
  • US President Joe Biden met with UK Prime Minister Boris Johnson on the eve of the summit and they both agreed to a new Atlantic Charter pledging cooperation between the two countries on solving global issues.
  • Biden has stated that the Atlantic Charter will address “key challenges of this century – cyber security, emerging technologies, global health and climate change”.
  • Following the meeting Johnson also stated that there is “complete harmony” between the two leaders regarding Northern Ireland’s peace process and that the US, UK, and EU all want to protect the Good Friday Agreement.
  • The G7 Summit will be the first in-person meeting between the G7 leaders since the start of the coronavirus pandemic and much of the conversation is expected to be geared towards Covid vaccine distribution, climate change, and the ongoing disagreement between the UK and EU regarding post-Brexit border regulations.
  • Sources:

CNN

BBC

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Hundreds Lost in Burkina Faso Massacre Exposing Sahel Crisis

  • Armed groups fatally attacked Solhan, a village of Burkina Faso overnight between June 4-5, killing at least 160 civilians including goldmine workers, residents, and shopkeepers as they traversed the village burning hospitals, shops, and homes. 
  • Analysts highlight the lack of security and increasing turmoil in the Sahel region of Africa, despite the presence of large numbers of international and regional troops – the use of violence and brutality is markedly intended to exacerbate the fragmentation and crisis of the area. 
  • President Roch Marc Christian Kabore condemned the attacks as “barbaric” and “despicable” and – the nation followed three days of mourning following the attack. 
  • Thousands have fled the Solhan village out of fear from the attack largely without belongings or aid. 
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U.S. Inflation Prices Reach All Time High 

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Lawrencekhoo, CC0, via Wikimedia Commons
  • Consumer prices in the U.S. have reached an all time high, increasing the most in 13 years as the country’s economy reels from the year-long pandemic. 
  • Experts attribute the increase in demand coupled with the shortages of labor and materials as the main reason for the American economy near “overheating”. 
  • A report Thursday showed increasing prices for flights, household furnishings and operations, new and rental cars, and clothing. 
  • The inflation rates have been the highest since 2008 with consumer prices rising at annual rate of 5% in May – some investors fearing supply chain bottlenecks could force bankers and the Federal Reserve to slow the stimulus program. 
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Saudi-led Coalition Ending Attacks in Yemen to Begin Peace Process

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  • After more than six years of fighting, the Saudi-led coalition working against the Houthi rebels has said it will cease air strikes and attacks to pave the way for the beginnings of a peace process in Yemen. Repairs have begun on the roads nearing Sanaa airport, a step forward in reestablishing stability.
  • This week, the US placed sanctions on an Iran-based network that has been transferring tens of millions to Houthi rebels. US President Joe Biden has called for an end to the war in Yemen, and announced in February that the US would be stopping arm sales and ending “support for offensive operations in the war in Yemen.”
  • In 2015, the Saudi-led coalition began assisting the Yemeni government against the rebels. Thousands of people have been killed, and millions displaced since the beginning of the war in 2014.
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Aung Suu Kyi Faces Corruption Charges from Myanmar’s Military

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The Chancellery of the Senate of the Republic of Poland , CC BY-SA 3.0 PL , via Wikimedia Commons
  • Aung Suu Kyi, Myanmar’s deposed civilian leader, has been charged with corruption from Myanmar’s military. She could be sentenced to up to fifteen years in jail and unable to run in any subsequent elections if found guilty.
  • Suu Kyi was accused of accepting bribes, inciting public unrest and illegally importing walkie talkies. She has been charged under the Anti-Corruption law section 55, and is currently on house arrest.
  • Myanmar’s military arrested Suu Kyi in February when they took power after claims of voter fraud. Protests have been frequent since the coup, and supporters of Suu Kyi believe that the charges are an attempt by the military to gain more power and are purely political.
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Southern Ocean Recognized as Earth’s Fifth

  • The Southern Ocean, a body of water encircling Antarctica characterized by unique glaciers and mountains, and captivating landscapes will be officially recognized as Earth’s fifth ocean joining the list with the Atlantic, Pacific, Indian, and Arctic. 
  • Geographers and scientists have debated whether the bodies of water around Antarctica were unique enough to deserve their own name, or whether they were simply extensions of other oceans. 
  • The Southern Ocean is defined by its current, known as the Antarctic Circumpolar Current (ACC) established roughly 34 million years ago – the current helps keep the region frigidly cold and ecologically different. 

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

Daily Brief

Credit Suisse Found Guilty for Involvement in Money Laundering Scheme

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800px Credit Suisse Zurich
  • Switzerland’s Federal Criminal Court found Credit Suisse, Switzerland’s second largest bank, guilty for its involvement in a money laundering scheme involving a Bulgarian drug trafficking gang.
  • The bank is being fined 21 million Swiss francs ($22 million) due to its poor monitoring and implementation of anti-money laundering rules. More than 12 million francs worth of assets are also being confiscated due to their connection with the criminal group.
  • Credit Suisse has denied any wrongdoings and stated that it has been “continuously testing its anti-money laundering framework and has been strengthening it over time, in accordance with evolving regulatory standards.”
  • This case originated from actions taken by a former employee in 2007 and 2008, and two other Bulgarian citizens’ actions in 2005 and 2009. Some of their sentences and fines were suspended due to the amount of time passed since the crimes took place.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Chlorine Gas Leak in Jordan Port City Kills Thirteen People

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Port Of Aqaba City
  • A gas leak in Aqaba, Jordan killed at least thirteen people and injured more than 250. A storage container carrying between 25 and 30 tonnes of chlorine gas fell as it was being exported to Djibouti, releasing the gas.
  • A video of the incident on state TV shows the container being dropped onto the deck of the ship and a yellow colored gas spreading through the air as people try to evacuate. The accident seems to be a result of the crane malfunctioning.
  • If chlorine is inhaled at high levels, it can cause life-threatening damage. A nearby beach in Aqaba was evacuated as a safety precaution, and residents who live in the nearest residential area, about 25 kilometers (15 miles) away, were advised to stay inside and close windows.
  • Jordan’s Prime Minister Bisher al-Khasawneh traveled to Aqaba and visited some of the injured at the hospital. He also formed a team led by the interior minister to investigate the incident.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Russian Missile Sets Ukraine Shopping Center on Fire

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781px Nevsky Centre Shopping Mall in Russia
  • A busy shopping center in Ukraine was set on fire by Russian missiles on Monday, killing at least thirteen people and injuring dozens. The total number of casualties is still unknown.
  • Ukrainian President Volodymyr Zelensky stated that “The number of victims is impossible to imagine” and that there could have been up to 1,000 people in the mall.
  • The attack came during the G7 summit, where world leaders condemned recent atrocities and promised to support Ukraine “for as long as it takes” in a joint statement. President Zelensky spoke to the leaders at the summit and stated that he wants the war to end before winter.
  • NATO has decided to increase the number of troops in its rapid reaction force from 40,000 to 300,000, more than eightfold. NATO Secretary-General Jens Stoltenberg stated this move is part of the “biggest overhaul of collective defense and deterrence since the Cold War.”
  • The United States has announced that it will provide Ukraine with advanced medium and long-range air defense capabilities.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

World Watches as the United States Supreme Court Abolishes a Woman’s Right to an Abortion

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  • The United States’ top justices voted to eliminate the constitutional right to an abortion, a law that had been in place for over 50 years.
  • The closely watched decision was heralded by some and derided by others, depending on their position on the controversial concept of a woman’s right to choose for her own body.
  • With the abolition of the constitutional right, it is expected that many states in the U.S. will implement near total bans of abortion rights, while other states such as California, Oregon and Washington have reaffirmed their commitment to preserve the right to an abortion.
  • Planned Parenthood, the advocacy face for abortion rights, is mobilizing around the country to bolster and increase services in those states that will preserve the right, and engage voters in those states that plan to abolish the right.

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All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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The EU Approves Ukraine for Candidacy

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  • The EU has finally approved the application of Ukraine to become a candidate country for admission to the 27- country organization. Ukraine will now join the official candidate list, which already includes Albania, the Republic of North Macedonia, Montenegro, Serbia, and Turkey. 
  • The US is expected to provide an additional $450m in security assistance to Ukraine. Which includes four more High Mobility Artillery Rocket Systems. 
  • The EU and Norway have agreed to cooperate and provide the EU’s 27 countries with gas from Western Europe’s biggest provider. The EU imports roughly ⅕ of its gas from Norway compared to the 40% it was receiving from Russia. Currently, Russia has been cutting gas supplies to countries refusing to pay for it in roubles. 
  • Melbourne is considering utilizing its largely vacant $200m Center for National Resilience building to house hundreds of refugees fleeing war-torn Ukraine and Afghanistan. The center will only be able to temporarily house about 500 refugees from Afghanistan and about 200 from Ukraine. 
  • Ukrainian Defense Minister Oleksii Reznikov thanked US Defense Secretary Lloyd Austin after receiving and welcoming the High Mobility Artillery Rocket Systems (HIMARS) from the United States. 
  • Nike joined other leading Western brands by formally making a full exit from Russia, three months after suspending its operations. Telecoms equipment maker Cisco is also planning to wind down business in Russia and Belarus as well.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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US Supreme Court Expands Gun Carrying Rights Causing National Outrage 

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Open Carry of a 9mm Browning Hi Power in Eagle Colorado scaled
  • The US Supreme Court expanded gun carrying rights after a New York law denied the plaintiffs Robert Nash and Brandon Koch from carrying a concealed weapon in public, despite them having licenses for recreational gun ownership. 
  • The US court ruled that the New York law requiring residents to prove “proper cause” to carry a concealed weapon is unconstitutional. Justice Clarence Thomas, who represented the 6 justices who ruled in favor of the decision, stated that Americans have the right to carry “commonly used” firearms in public for personal defense. 
  • This decision comes amid an intense national debate over gun violence, and could possibly challenge the  outcome of similar regulations in other states, such as California and New Jersey, and affect a quarter of Americans by allowing more people to carry guns legally. 
  • Three liberal justices, Elena Kahan, Sonia Sotomayor, and Stephen Breyer, were against the majority decision, and Justice Breyer noted that “since the start of this year alone (2022), there have already been 277 reported mass shootings – an average of more than one per day.”
  • While the National Rifle Association (NRA) celebrated the judgment, President Biden stated that he was “deeply disappointed” by the court’s decision and that the ruling “contradicts both common sense and the Constitution, and should trouble us all.” 
  • New York Mayor Eric Adams also agreed with Biden and stated that he would review other ways to restrict gun access by restricting the application process for buying guns and looking into bans of firearms at specific locations. 

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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