New York

US markets stable before Fed chief addresses Congress again

NEW YORK (AP) — Wall Street is poised to open higher at Thursday’s opening bell a day after the head of the Federal Reserve acknowledged that a recession is possible.

Futures for the Dow Jones Industrial Average rose 0.6% and futures for the S&P 500 jumped 0.8%.

Global shares are largely moving higher and oil prices are stable.

Fed Chair Jerome Powell, will address Congress again after saying Wednesday that a recession was “certainly a possibility” as the U.S. central bank tries to rein in inflation that is running at a four-decade high.

UN calls on Australia to repatriate its nationals in Syria camps

22 June 2022; MEMO: The UN has called on the Australian government to urgently address the situation for women and children in camps in northeast Syria.

UN Special Rapporteur on counterterrorism and human rights Fionnuala Ní Aolain has said she has called on the Australian government to uphold "international obligations" and repatriate Australian nationals.

Prime Minister Anthony Albanese's centre-left party won elections in Australia on 21 May, toppling the conservative government.

‘Eliminate nuclear weapons before they eliminate us’ – UN chief

UNITED NATIONS, Jun 21 (APP): Nuclear weapons are “a deadly reminder of countries’ inability to solve problems through dialogue and collaboration”, UN Secretary-General Antonio Guterres said on Tuesday, urging the international community to abandon them once and for all.

“These weapons offer false promises of security and deterrence – while guaranteeing only destruction, death, and endless brinksmanship,” he said in a video message to the First Meeting of States Parties to the UN Treaty on the Prohibition of Nuclear Weapons, taking place in Vienna, Austria.

Over 200 million children in crisis-hit countries, including Pakistan, require educational support: UN

UNITED NATIONS, Jun 21 (APP): The number of school-aged children requiring educational support living in several crisis impacted countries, including Pakistan, has grown from an estimated 75 million in 2016, to 222 million today, a new UN report released Tuesday revealed.

The UN global fund for education in emergencies and protracted crises, Education Cannot Wait (ECW), outlines that of those 222 million girls and boys, as many as 78.2 million are out of school, and close to 120 million, who are in attendance, are not achieving minimum proficiency in math or reading.

Humanitarian situation in South Sudan deteriorating: UN official

UNITED NATIONS, June 20 (Xinhua) -- The humanitarian situation in South Sudan has deteriorated in the past months as a result of conflict and climate shocks, a UN official said Monday.

"Against a backdrop of profound macro-economic challenges, the drivers of conflict and climate shocks have resulted in a dire humanitarian situation," said Ghada Eltahir Mudawi, director of Operations and Advocacy Division of the UN Office for the Coordination of Humanitarian Affairs.

"When it gets as bad as in South Sudan, the specter of severe hunger and even famine results," she warned.

USA: Nobel sold for Ukrainian kids shatters record at $103.5M

NEW YORK (AP) — The Nobel Peace Prize auctioned off by Russian journalist Dmitry Muratov to raise money for Ukrainian child refugees sold Monday night for $103.5 million, shattering the old record for a Nobel.

A spokesperson for Heritage Auctions, which handled the sale, could not confirm the identity of the buyer but said the winning bid was made by proxy. The $103.5 million sale translates to $100 million Swiss francs, hinting that the buyer is from overseas.

Pakistan spotlights in UNGA OIC’s concern over denigration by India of Prophet Muhammad (PBUH)

UNITED NATIONS, Jun 20 (APP): Pakistan, speaking on behalf of OIC countries, Monday raised in the UN General Assembly the concern of the 57-member body over the denigration of Prophet Muhammad (PBUH) by India’s ruling party’s leaders, and slammed the defamation of Islamic holy personalities and religious symbols.

Amidst escalating needs & soaring hunger, refugees caught in eye of storm: UN food relief agency

UNITED NATIONS, Jun 20 (APP): Further food ration cuts are imminent for refugees as humanitarian needs multiply around the world while funding struggles to keep pace, the World Food Programme (WFP), a Rome-based UN agency, warned on World Refugee Day.

“As global hunger soars way beyond the resources available to feed all the families who desperately need WFP’s help, we are being forced to make the heart-breaking decision to cut food rations for refugees who rely on us for their survival,” David Beasley, WFP’s Executive Director, said in a statement on Monday.

USA: New body armor rules in NY miss vest worn by Buffalo terrorist

ALBANY, N.Y. (AP) — New York’s new law barring sales of bullet-resistant vests to most civilians doesn’t cover the type of armor worn by the gunman who killed 10 people at a Buffalo supermarket, a gap that could limit its effectiveness in deterring future military-style assaults.

During the May 14 attack, Payton Gendron wore a steel-plated vest, an armor strong enough to stop a handgun round fired by a store security guard who tried to halt Gendron’s rampage.

Russian journalist sells Nobel Prize for Ukrainian children

NEW YORK (AP) — What’s the price of peace?

That question could be partially answered Monday night when Russian journalist Dmitry Muratov auctions off his Nobel Peace Prize medal. The proceeds will go directly to UNICEF in its efforts to help children displaced by the war in Ukraine.

Muratov, awarded the gold medal in October 2021, helped found the independent Russian newspaper Novaya Gazeta and was the publication’s editor-in-chief when it shut down in March amid the Kremlin’s clampdown on journalists and public dissent in the wake of Russia’s invasion of Ukraine.

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