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Daily Briefing

Alarm over potential exodus from Gaza into Egypt, Zelenskiy’s funding battles on both sides of the Atlantic, and Sunak’s pivotal week.

Plus, BTS members head for South Korean military service.

By Kate Turton

Today’s Top News

People walk near tent camps in Rafah in the southern Gaza Strip, December 9, 2023. REUTERS/Mustafa Thraya

ISRAEL AND HAMAS AT WAR

Fighting between Israel and Hamas intensified across Gaza, fueling fears flagged by the United Nations at the weekend of a breakdown in public order and a mass exodus of Palestinians into Egypt.
The World Health Organization chief said it will be all but impossible to improve the “catastrophic” health situation in Gaza even as the board passed an emergency motion by consensus to secure more medical access.

WAR IN UKRAINE

European Union heavyweights are set for a showdown with Hungary this week over giving Ukraine billions of euros in aid and the chance to start membership negotiations, both key objectives for Kyiv as its war with Russia stalls.
Ukrainian President Volodymyr Zelenskiy is making a last-ditch bid for funding in DC this week. Hear Editor At Large Mike Collett-White on Zelenskiy’s funding battles on both sides of the Atlantic.

IN OTHER NEWS

With the COP28 climate talks entering crunch time, U.N. climate chief Simon Stiell urged countries to come together to reach a final deal for the summit – where they were facing off over whether to call for an end to fossil fuels.
UK Prime Minister Rishi Sunak faces the most dangerous moment of his premiership this week, when he is due to appear before a COVID-19 inquiry and must win a crunch vote in parliament on his plan to revive a policy to send asylum seekers to Rwanda.
Thousands of British people are going abroad for dentistry. Where once they travelled for cosmetic work to achieve the perfect smile, now many are going for basic dental treatment that they say they cannot get in Britain.
Australia said it would tighten visa rules for international students and low-skilled workers that could halve its migrant intake over the next two years as the government looks to overhaul what it said was a “broken” migration system.
Former President Donald Trump said that he would not testify in a New York courtroom this week, where he had been expected to appear for a second time to make the case that his company did not misrepresent the value of its properties.

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Business & Markets

A man walks next to banners outside the National Congress, in Buenos Aires. REUTERS/Agustin Marcarian/File Photo

Argentine voters may have cause to worry about new President Javier Milei’s pledge for painful economic shock therapy, but markets are keen, hoping the libertarian will give the economy a “firm kick” when he lays out his plan this week.
Chinese chip designers including Tencent are aggressively pitching their AI chips as alternatives to Nvidia’s hoping US export restrictions will prompt clients to switch, said four people familiar with such discussions.
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, according to a person familiar with the matter.
Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts. Read Breakingviews columnist Hugo Dixon on how rich societies can live well with slow growth.
Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff for running a massive Ponzi scheme — and two years after his death in a federal prison — lawyers are still sifting through the fallout of his nearly $65 billion fraud.

Podcast: How we investigated the killing of a Reuters journalist

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Reuters’ journalist Issam Abdallah films during an interview. April 17, 2022. REUTERS/Ueslei Marcelino

Nearly two months after the death of Issam Abdallah on the Lebanon border, a Reuters investigation has found that an Israeli tank crew killed him by firing two shells in quick succession. Join bureau chiefs Maya Gebeily and Anthony Deutsch as they recount their extraordinary reporting journey to determine the cause of their colleague’s death and hold those responsible to account.

Listen now to this emotional special edition of the Reuters World News podcast

And Finally

Chezlyn Petersen and Jade Kelly at a BTS-themed cafe in Seoul, South Korea. REUTERS/Kim Hong-Ji

The remaining four members of K-pop supergroup BTS will begin their 18-month military service in South Korea this week, joining three others already serving, and with fans not expecting to see them perform again as a group until 2025.

BTS members head for South Korean military service

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Daily Briefing

Today’s Top News

Business & Markets

Podcast: How we investigated the killing of a Reuters journalist

And Finally

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