REUTERS DAİLY BRİEFİNG BY Linda NOAKES - 13 SEPTEMBER 2024 - Tensions rise over missiles for Ukraine, Boeing's US factory workers strike, and North Korea shows off a banned uranium enrichment site. Plus, Harris vs. Trump - who is leading the polls?

 

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Daily Briefing

By Linda Noakes

Tensions rise over missiles for Ukraine, Boeing's US factory workers strike, and North Korea shows off a banned uranium enrichment site. Plus, Harris vs. Trump - who is leading the polls?

Today's Top News   A flag flies above the British embassy in Moscow. REUTERS/Evgenia Novozhenina Russia-Ukraine war Russia's FSB security service said it had revoked the accreditation of six British diplomats in Moscow after accusing them of spying and sabotage work, signaling the Kremlin's anger at what it sees as London's vital role in helping Ukraine. British Prime Minister Keir Starmer will meet President Joe Biden for talks today on the next steps in supporting Ukraine, centring on whether to allow Western missiles to be used to hit targets in Russia. President Vladimir Putin said the West would be directly fighting with Russia if it did so. Russia started producing a new long-range attack drone called the Garpiya-A1 last year using Chinese engines and parts, which it has deployed in the war in Ukraine, according to two sources from a European intelligence agency and documents seen by Reuters. In other news Kamala Harris leads Donald Trump 47% to 42% in the race to win the presidential election, increasing her advantage after a debate against the former president that voters largely think she won, according to a Reuters/Ipsos poll. Trump said he would not participate in another presidential debate. A North Dakota state court judge overturned the state's near-total abortion ban, clearing the way for abortion to become legal in the Midwestern state for the first time in more than a year. Storm Francine barreled across the US South, pounding the region with heavy rains and gusty winds while causing widespread power outages for hundreds of thousands of homes and businesses. North Korea for the first time showed images of the centrifuges that produce fuel for its nuclear bombs, as leader Kim Jong Un visited a uranium enrichment facility and called for more weapons-grade material to boost the arsenal. China's top legislative body has approved a proposal to raise the country's retirement age, accelerating an overhaul of decades-old laws to tackle the economic pressure of a shrinking workforce. Hear more on this week's episode of the Reuters Econ World podcast.

Business & Markets   Boeing factory workers hold signs in Renton, Washington. REUTERS/David Ryder Boeing's US West Coast factory workers walked off the job after overwhelmingly rejecting a contract deal, halting production of the planemaker's strongest-selling jet as it wrestles with severe output delays and heavy debt. We have more on Boeing's woes on the Reuters World News podcast. The Biden administration locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China's state-driven excess production capacity. Ford Motor plans to restart a manufacturing plant for exports in the southern Indian state of Tamil Nadu, potentially re-entering a market it exited three years ago. Denmark's DSV has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for $15.8 billion in a deal that would make it the world's biggest logistics company. The European Central Bank cut interest rates again and signaled a "declining path" for borrowing costs in the months ahead as inflation slows and economic growth in the euro zone falters. The Week Ahead An event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting. The Federal Reserve should deliver its first interest rate cut in four years, Brazil could hike for the first time since 2022 and Japan will be mindful of volatile markets as it mulls when to lift rates again. But it is not all about central banks, with UniCredit's move on Commerzbank reviving M&A talk among European banks.  A closed-door court battle over control of Rupert Murdoch’s media empire begins on Monday, and could determine the future of Fox News and the Wall Street Journal.  With Murdoch's succession battle set to play out, which series will succeed three-time winner 'Succession' as television's best drama? Emmy voters will reveal their selection on Sunday.

A continent ablaze   A view of the devastation caused by a forest fire in the Amazon. REUTERS/Bruno Kelly South America is being ravaged by fire from Brazil's Amazon rainforest through the world's largest wetlands to dry forests in Bolivia, breaking a previous record for the number of blazes seen in a year. Smoke billowing from the Brazilian fires has darkened the skies above cities like Sao Paulo, feeding into a corridor of wildfire smoke stretching diagonally across the continent from Colombia in the northwest to Uruguay in the southeast. Read more

And Finally... People dressed in period costumes in Carazo, Burgos province, Spain. REUTERS/Vincent West  There are two types of people in the world, Clint Eastwood's Man With No Name tells a rival gunslinger who has no bullets. Those with a loaded gun, and those who dig. "You dig." Volunteers in northern Spain have taken his words to heart, painstakingly tending the freshly dug graves on sets featured in Sergio Leone's classic 1966 spaghetti Western 'The Good, the Bad and the Ugly' to make the area a pilgrimage site for movie fans. Read more

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