QWorld: Brexit Vote Rattles World Markets; Warren Attacks Trump

Read the latest from across the world this morning.

Published28 Jun 2016, 04:36 AM IST
World
2 min read

1. Brexit Vote, UK Political Confusion Rattles World Markets for Second Day

Britain’s vote to leave the European Union continued to reverberate through financial markets, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about the political and economic outlook.

2. In Campaign Trail Debut With Clinton, Warren Says Trump Driven by Greed

Liberal Elizabeth Warren attacked Republican Donald Trump during her first campaign appearance with US Democratic presidential candidate Hillary Clinton, calling him an “insecure money grubber” who is driven by greed and hate.

3. Turkey Mends Fences with Israel and Russia in Foreign Policy Reset

Turkey announced the restoration of diplomatic ties with Israel after a six-year rupture and expressed regret to Russia over the downing of a warplane, seeking to mend strained alliances and ease a sense of isolation on the world stage.

4. US Supreme Court Firmly Backs Abortion Rights, Tosses Texas Law

The US Supreme Court struck down a Texas abortion law imposing strict regulations on doctors and facilities in the strongest endorsement of abortion rights in America in more than two decades.

5. Japan Revamps Child Welfare, But Many Still Institutionalised

Japan last month passed a bill overhauling its 70-year-old Child Welfare Law, recognising a child’s right to grow up in a family setting. It is short on specific, immediate measures, but experts say it’s a first step to making institutions a last resort, rather than the default position.

6. South China Sea Reefs “Decimated” as Giant Clams Harvested in Bulk

Ornaments made from the shells of endangered giant clams, renowned in China for having auspicious powers and the lustre of ivory, have become coveted luxuries, a trend which has wreaked havoc on the ecosystem of the South China Sea.

7. Empty Houses, Jobless Maids: Indonesia’s Expat Exodus Gathers Pace

Foreign workers are leaving Indonesia at an increasing rate due to the slump in commodity prices that has forced resource companies to slash jobs, at a time when the government has also introduced tighter regulations on expatriates in Southeast Asia’s biggest economy.

8. Iraqi Army Closes in on ISIS Militants Near Falluja

Iraq’s army seeks to eliminate Islamic State fighters holed up in farmland west of Falluja to keep them from launching a counterattack on the city, a day after the government declared victory over the militants there.

9. Volkswagen’s US Diesel Emissions Settlement to Cost $15 Billion: Source

Volkswagen’s settlement with nearly 500,000 US diesel owners and government regulators over polluting vehicles is valued at more than $15 billion, a source briefed on the matter said.

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