Hello everyone, it’s good to have you back or joining us for the first time at the Weekend Briefing. Listen to our latest World News podcast on the first round of elections in France and read our excellent piece on one gun and its trail of violence in Ecuador. Note: We won’t have a newsletter next Saturday, but we’ll be back a week after that.
Raleigh, North Carolina, June 28, 2024. REUTERS/Elizabeth Frantz
Shake it off: President Biden acknowledged his alarming presidential-debate performance against Donald Trump, telling a crowd in North Carolina that he can do the job even though, “I don’t walk as easy as I used to, I don’t speak as smoothly as I used to, I don’t debate as well as I used to.” Barack Obama remains in his corner and he received encouraging words from important Democrats, even as some strategists and fundraisers whisper that the party should replace him. Is that possible? Yes, but it would be messy.
UNRWA report: It’s hot and Israel won’t allow landfill cleanup, which means garbage is piling up around refugee camps, increasing the risk of disease. The Biden administration has sent to Israel large numbers of munitions, including more than 10,000 2,000-pound bombs and thousands of Hellfire missiles since the start of the war in Gaza.
Shoes untied: Nike shares fell 20% as a surprise drop in annual sales thanks to competition from newer competitors worried investors. Retailer H&M took a hit on the stock market as it fights to hold its profit-margin forecasts for the year. And drugstore operator Walgreens cut its annual profit forecast and said it would close underperforming U.S. stores.
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