July 5, 2023

The Daily Bankruptcy News

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Law:

Lawyer sentenced for hiding brother’s bankruptcy assets in attorney trust account
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The Top Biglaw Firms In New York City (2024)
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Vault Ranks The Best Law Firms For Diversity (2024)
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June 30, 2023 Bankruptcy Quiz
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Law Students And Ethics
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The Biglaw Firm That Cares The Most About Associate Health & Wellness
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Shearman & Sterling UK Partners Quit Before Allen & Overy Merger
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Paul Hastings Sued by Ex-Client Accusing Lawyers’ Negligence
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AI Experts Recruited by Law Firms as Clients Demand ‘More for Less’
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54% of in-house legal professionals support generative AI usage
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Is AI a friend or foe for legal teams?
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Judge limits Biden administration contact with social media firms
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Lewis Brisbois Email Scandal Is Instructive for General Counsel
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Young Lawyers Hit by US Supreme Court Rejection of Debt Relief
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Texas Attorney General Ken Paxton will not testify at his impeachment trial, attorney says
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He crushed the bar exam, but the legal profession remains disproportionately White
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Lawyer accused of filing fake news article in Chevron case rebuked by US appeals court
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Lawyer accused of stealing from father charged with murder
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Attorneys in SCOTUS LGBTQ Case Could be Disbarred Josh Hawley’s Wife Faces Calls to Be Sanctioned Over Supreme Court Case Conservative legal team for anti-gay marriage website designer fires back amid calls for Josh Hawley’s wife to be sanctioned for submitting ‘fake’ documents to SCOTUS 'Sham' website customer likely didn't affect Supreme Court ruling on same-sex weddings, experts say The Supreme Court Is Lying To You About This Web Designer Opinion What to Know About a Seemingly Fake Document in a Gay Rights Case
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Former Arizona governor pressured by Trump to overturn 2020 results: reports Mike Pence says there was ‘no pressure’ in his calls to governors after the 2020 election
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Trump's Latest Dodge To Avoid Facing Carroll In Court Just As Doomed As All The Other Ones
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Man accused of attacking Capitol officer as January 6 arrests pile up
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Special counsel Jack Smith’s team eyes Trump lawyers in 2020 election fraud probe: report
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Trump once said a president under felony indictment would grind the government to a halt and create a constitutional crisis
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Bus of migrants arrives in Los Angeles from Texas: report Republicans' New Border Plan: Send Military Into Mexico - WSJ
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Texas House investigation widens to include Ken Paxton real estate purchases, report says
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Delaware Vice Chancellor rules Disney opposition to Don’t Say Gay bill was within its corporate rights
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Proud Boys to pay $1M to church for burning BLM sign
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Inside the House GOP's plan to go after FBI and DOJ
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Trump Showed Docs to People at Mar-a-Lago’s Dining Room Patio Claims Former White House Press Secretary
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Driver was on TikTok when he crashed in Arizona and killed 5, officials say
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At least 2 dead and 28 injured in Baltimore mass shooting, police say
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5 dead and 2 children injured in Philadelphia shooting Gunman arrested for Philadelphia mass shooting which left 5 dead is BLM activist who wore women’s clothes: sources
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Shooting in Fort Worth leaves at least 3 dead
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11 Mass Shootings Already in July
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Judge Rules Texas DPS Must Release Withheld Documents Related to the Uvalde School Shooting
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The misinformation trap: the business of misleading migrants
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Husband shoots wife multiple times, pushes her out of vehicle onto highway, police say
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Man who allegedly killed 5 people in petty refusal to stop firing rifle has been indicted
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Man injured by neighbors shooting target practice in Wisconsin, sheriff says
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Cold case suspect found living under fake name extradited for 1984 murder
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Indiana Supreme Court upholds abortion ban, says state constitution gives only limited protections
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NY cop who accused colleagues of menacing her with texts arrested after it was found she sent them herself
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Three DC businesses hit with explosive devices, Molotov cocktail Police seek people who targeted multiple D.C. sites with explosive devices
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Texas teen missing for more than 8 years is found alive
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Minnesota Man Jailed Following Skittles Assault
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A murder suspect who evaded arrest for nearly 40 years watched his own profile on 'America's Most Wanted' before finally being caught
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Thief used stolen forklift to murder 73-year-old woman in Home Depot parking lot: Deputies
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Fla. lawyer deported back to US
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Half the Police Force Quit. Crime Dropped.
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Why Are Government Agencies Buying so Much Personal Information?
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Judges:

The new, mysterious constitutional right to discriminate
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Judge Investigated Over His Profane TikTok Videos
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'Groundbreaking': Amid SCOTUS Defeats, Democrats Line Up A New Wave Of Judges
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Surprise Supreme Court decisions suggest justices have eye on reputation
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Ex-judge agrees to disbarment after she is accused of stealing money from former Tuskegee Airman
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'Unabashed': Justice Jackson marks her first year on the Supreme Court unafraid to stake her own position
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Elena Kagan Is So Sick Of The Supreme Court's Crap
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Chief Justice Roberts hasn't become less conservative. He's just more concerned with the Supreme Court's legacy than partisanship. Roberts warns of ‘disturbing’ feature of some opinions
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The Tragedy of John Roberts
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Supreme Court ideology continues to lean conservative, new data shows
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Standing: Former DOJ Lawyer Utterly Baffled By Supreme Court’s Reasoning In Gay Rights Case: ‘There Was No Real Issue’
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Biden still won’t nuke the court. But he is upping his criticism of it.
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Pressley, Ocasio-Cortez call for changes to the Supreme Court
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Ro Khanna argues ‘regressive’ Supreme Court rulings show court must be overhauled
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Why Justice Amy Coney Barrett wrote about babysitters in her student loan opinion
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Buttigieg says Supreme Court gay wedding website case shows ‘a solution looking for a problem’
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The Supreme Court’s term was full of whimpers. Then it ended with a bang.
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Supreme Court set to take center stage in battle for Senate
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Roberts takes aim at liberal justices in defending Supreme Court’s legitimacy Roberts' highly unusual move, and what it means
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John Roberts Is Winning. The Rest of Us Are Losing.
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The Last Republican Politician - Can John Roberts stave off a Democratic assault on the Supreme Court?
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LGBT rights yield to religious interests at US Supreme Court
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The Supreme Court falls to Earth
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Ocasio-Cortez warns of ‘dangerous authoritarian expansion of power’ in Supreme Court
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Wall Street:

Stock futures fall as holiday-shortened trading week resumes
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Layoffs:

Finance Layoffs Watch ’23: Credit Suisse
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Vice bosses got bonuses while staff wait to get paid
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Santa Monica-based Headspace meditation app maker lays off 15% of employees
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Too Faced, Smashbox undergo layoffs
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Bankruptcy Crimes:

Suburban Chicago Attorney Sentenced to More Than Three Years in Federal Prison for Bankruptcy Fraud
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Climate:

White House cautiously opens the door to study blocking sun’s rays to slow global warming
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Monday Was the Hottest Day Ever as Global Temperatures Rise
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How 'climate lockdowns' became the new battleground for conspiracy-driven protest movement
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Denver has rainiest June in 150 years Heavy rains flood Chicago as 110M under extreme weather alerts
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The unusual factors behind the extraordinary heat across the southern US
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Climate change upends summer travel
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Climate "Doom Loop" Could Start in 15 Years
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Climate nears point of no return as land, sea temperatures break records -experts
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McKinsey Adds to Warnings of Metals Shortages for Clean Energy
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Scorching Heat to Blanket Germany and Alps
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Media:

‘A Ghost of Itself’: Vice Faces a Bleak Future Post-Bankruptcy
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New strategies for survival by newspapers
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Fox Could Have Settled With Tucker's Producer Before She Put All His Ish On Main. They Chose To Do It After.
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Tech:

Social Media Account Ownership Once Again in the Spotlight
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Musk limits number of posts Twitter users can view per day Elon Musk explains bizarre Twitter view cap rule as he tells users to 'go outside' Twitter’s rate limits may be driven by financial issues and are likely an attempt by Elon Musk to cut costs, ex-employee says
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Elon Musk Really Broke Twitter This Time
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Twitter chaos leaves door open for Meta's rival app Mark Zuckerberg Looks to Deliver Hit to Elon Musk With Upcoming Twitter Clone Named Threads - WSJ Jack Dorsey and Elon Musk pile in on Meta's new Twitter competitor Zuck aims a killer blow at Musk outside the cage with Meta's new Threads Twitter clone
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Supreme Court Rejects Genius’ Preposterously Stupid Lawsuit Against Google
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Coal:

Lawsuit: Methane Leaking from WV Coal Mines
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Mail:

Price of a US stamp rises to 66 cents, the second hike this year and the 5th increase since 2019
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Food/Beverage:

Monster Moves Closer to Buying Bang Energy After FTC Ends Review Monster Beverage to Acquire Bang Energy Out of Bankruptcy for $362 Million - WSJ Monster agrees to acquire rival Bang Energy out of bankruptcy for $362 million
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Restaurant Performance Index fell 1.3% in May
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Advertising:

MediaMath’s bankruptcy exposes ad tech’s cash flow and credit management challenges The Digital-Ad Community Is Trying to Contain Damage After MediaMath's Bankruptcy Filing MediaMath’s dramatic and drawn-out downfall: ‘Leadership really messed this up’ MediaMath AfterMath: How Agencies and Creditors Have Been Faring
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Cruise Lines:

Cruise company Vantage Travel seeks bankruptcy protection after canceled, postponed trips
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Economy:

Household Savings Collapse Sparks Recession Fears Among Economists
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You probably think the economy is much worse off than it is
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Fed Minutes to Offer Hints on 'Awkward' Pause-and-Hike Message
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Voters don’t love Bidenomics. Markets are coming around.
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Markets Ignore the Looming Debt Peril - WSJ
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Inflation and the cost of tighter monetary policy - Data on the financial burden of US households
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Retirees are underestimating how long they will live
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Women are returning to the job market in droves, just when the U.S. needs them most
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If you're hoping interest rates will fall anytime soon, you're out of luck, says $1.8 trillion financial titan
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Why a $1.5 trillion source of corporate financing is choking on higher rates
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Leveraged-Loan Logjam Eases After Banks Unload Tens of Billions of Debt - WSJ
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Nobel laureate Paul Krugman cites the 'misery index' as proof of the US's economic strength
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Elon Musk's massive ego explains why he doubts government data and believes a recession is underway, Nobel laureate Paul Krugman says
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It's time for Wall Street's fearmongers to admit they were wrong about a recession
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14 Charts Show Why a Recession Is Imminent for US Economy
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A mid-year assessment for the U.S. economy
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'The global economy is due for a reality check,' warns the central banks‘ bank
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Forget quantitative tightening - the Fed will double its balance sheet to over $16 trillion, boosting stocks
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Gen Zers make ‘difficult’ employees, managers say
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Self-employed people in the U.S. are more likely than other workers to be highly satisfied with their jobs
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The US could see inflation drop like a rock without hitting a recession, Bank of America says
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America’s Factory Building Boom - WSJ
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ISM® Manufacturing index Decreased to 46.0% in June
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Share of 40-year-old Americans who have never been married hits record high Americans are down on morality, family and country
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West Hollywood will have the nation's highest minimum wage. Business owners are not happy
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Getting rich isn’t the American Dream anymore, says new survey—here’s how people define success instead
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Meet the CEOs Who Pull In More Than $100 Million a Year - WSJ
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Ranked: The Most Profitable U.S. Companies, by Sector
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Millions of workers face up to challenge of heat stress and productivity losses
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Freddie Mac House Price Index Increased Slightly in May; Up 0.4% Year-over-year
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Gen Zers are less likely to view owning their own home as a sign they've achieved the American Dream, a survey found
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The pain is just starting for commercial real estate – and plunging prices could reignite the banking crisis and choke the US economy, Columbia professor says
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Fed, FDIC, OCC, NCUA push short-term CRE loan accommodations
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We asked if people want to be in the office Mondays, Fridays — or neither. A big landlord says 5-day workweeks are dead.
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Housing Inventory and Demographics: The Next Big Shift
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What the heck is going on with the housing market?
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The US housing market is defying doomsayers thanks to a supply crunch, Fannie Mae says
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Construction Spending Increased 0.9% in May
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Update: Lumber Prices Down About 35% YoY
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Housing July 3rd Weekly Update: Inventory Increased 1.3% Week-over-week; Down Year-over-year
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How Sellers Of L.A. Mansions Are Dodging A Tax To Help The Homeless
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HomeVestors Said It Had Kicked Out a Top Franchisee Who Broke the Law. New Evidence Suggests It Didn’t.
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Municipalities:

Financial State of the Cities 2023 10 Cities In Serious Danger of Bankruptcy
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Federal board approves $12.7 billion budget for Puerto Rico as island shakes off bankruptcy Puerto Rico board, government approve consensus FY24 budget
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Municipal Bankruptcies and Crime
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Northern Mariana Islands faces financial crisis
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10 best U.S. cities for earning potential—the top 3 are all on the West Coast
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Oil/Gas:

Almost half of U.S. car buyers plan to go electric in next two years
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Oil giants are quietly stepping back on climate promises
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Saudi Arabia and Russia curb oil supply again to try to boost prices Cut Extension Was Saudi Arabia's Only Option
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How Big is the Market for Crude Oil?
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Hyundai Electric Car Sales Set Record
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Exxon’s Meager Bonuses Make Attracting More Traders Difficult
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Retailing:

Retailers brace for hit to discretionary spending, holiday sales as Supreme Court nixes student loan forgiveness
(DBN)

Walgreens is Closing 450 Stores
(DBN)

'I'm going to miss it,' Christmas Tree Shops customers prepare for chain closures Christmas Tree Shops to close all stores as it liquidates under Chapter 11
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Celebs:

Boris Becker ‘hid prize horses in bedroom – from debt collectors!’
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Drowning in Debt: Kim Zolciak Sued for Unpaid Credit Card Bill Amid Mounting Money Woes and Nasty Divorce Battle
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Politics:

Republican Group Condemns DeSantis Over ‘Extreme’ and ‘Homophobic’ Ad Ron DeSantis criticized over 'homophobic' video Pete Buttigieg Torches DeSantis Over Anti-LGBTQ Ad: Strange to ‘Prove Your Manhood’ With Video Showing You Next to ‘Oiled Up Shirtless Body Builders’ I Was Team DeSantis Before His Disgusting Anti-Gay Ad LGBTQ conservatives say they feel misled by DeSantis
(DBN)

The Delaware senator who transformed Joe Biden’s view of transgender rights
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Trump Starts Independence Day By Sharing 'F--- Biden' Meme at 2am
(DBN)

In a polarized US, how to define a patriot increasingly depends on who’s being asked
(DBN)

GOP’s ‘dereliction of duty’ impeachment argument gets skeptical reviews
(DBN)

Democrats are already running on abortion rights in battleground states Republicans divided over 15-week abortion ban ahead of 2024 Where the Public Stands on Abortion Post-Dobbs Senate Republicans fear abortion could derail hopes for majority
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Moms for Liberty Focus is School Board Elections
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Unlikely provocateur, Miss Texas, takes on state's Republican leaders
(DBN)

A Mysteriously Financed Group That Could Upend a Biden-Trump Rematch - WSJ
(DBN)

We need a serious conversation about Joe Biden’s brain Biden’s age is stumbling block to reelection Why Democrats Should Primary Biden
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‘Traitor!’ Lindsey Graham Relentlessly Booed and Jeered On Trump Rally Stage Trump says Lindsey Graham can help him get ‘liberal votes’ as crowd boos mention of senator
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Trump takes over small city in South Carolina show of force
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Karl Rove's blunt take on the 2024 GOP presidential field
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Trump, DeSantis seek to prove who’s tougher on immigration Mexican government issues strong rebuke of DeSantis’s new immigration law Florida’s new immigration law previews a DeSantis presidency Migrant Workers Flee Florida as New Law Takes Effect
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Judge Blocks Florida's New Voting Law
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Top DeSantis PAC official sounds alarm: Way behind
(DBN)

Christie says he’s ‘living rent free in Donald’s head’ after Trump shares photo of him sleeping Jersey Boy Takes On Florida Man Christie: Trump will attend debates because ‘his ego won’t permit him not to’
(DBN)

Which GOP presidential candidates will qualify for the debate stage? RNC debate rules leave long shot candidates with few options
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The first GOP debate is at risk of losing its draw The RNC’s debate plans have a major, largely unnoticed problem
(DBN)

Pence: No racial inequality in the education system
(DBN)

To Foreign Policy Veteran, the Real Danger Is at Home
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Hunter Biden’s Daughter and a Tale of Two Families Hunter Biden's lawyer roasts IRS whistleblowers in message to GOP chair Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos
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Prosecutors Turns Over 80,000 Pages in Santos Fraud Case
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G.O.P. Threatens Spy Agencies’ Surveillance Tool
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The GOP field is more diverse than ever. The GOP isn’t heralding the achievement.
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Confidence in U.S., U.K. Governments Lowest in G7
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Labor:

Teamsters say strike still on the table at UPS UPS reaches deal that lowers chances of nationwide Teamsters strike UPS Drivers Head Toward Possible Strike After Labor Talks Fail Teamsters says UPS walks away from negotiations, raising chances of strike
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Biden brings in Sperling to calm looming Detroit showdown
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Thousands of Southern California hotel workers begin strike
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Hollywood actors may soon join their scribes on the picket line
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Religion:

Elevation Church exits Southern Baptist Convention after expulsions over women pastors The ‘Shrinking Baptist Convention’ Is Doubling Down on the Culture Wars
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Transit:

Fire chief warns against ‘unleashing’ self-driving taxis in San Francisco
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Agribusiness:

Georgia's Catastrophic Peach Crop Failure
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Healthcare:

Nearly half of Americans have gained 17 pounds because of stress
(DBN)

Military suicides rise 25%
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Tranq Dope Deaths In the U.S. Are Skyrocketing
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June 30th COVID Update: New Pandemic Lows for Deaths and Hospitalizations
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Military:

The All-Volunteer Force Is in Crisis
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History:

Two out of three Americans don’t know the true meaning of Independence Day
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A "merciless" reminder of Indigenous history on July 4
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Hedge Funds:

UK’s FCA Is Investigating If Crispin Odey Is ‘Fit and Proper’ to Work in Financial Services
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Defaults:

Default risk broadly ticks up for S&P 500 companies at end of June
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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (57 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (14 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Statistics:

Bankruptcy Filings Skyrocket as Economist Warns of Further Defaults
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US bankruptcy filings surge in first half as high interest rates bite
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Subchapter V:

Subchapter V Trustee’s “Facilitate” Duty: A Confidentiality Dilemma
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Aviation:

‘No solution in sight’: Airline mayhem bites FAA
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United Airlines is ripped for 'criminally bad' customer service as desperate families are forced to sleep in airports
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United CEO Apologizes for Flying Private While Customers Were Stranded
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Woman has epic meltdown over ‘not real’ passenger on American Airlines flight: ‘I’m getting the f–k off’
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More than 2,000 flights delayed as holiday weekend kicks off
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Yes, Airline Flights Are Getting Bumpier: Here’s Why
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Restructuring Srilankan Airlines – A Retrospective and Prospective Look
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Education:

Most OK With the End of Affirmative Action Slight majority of Americans agree with Supreme Court decision to upend affirmative action For Most College Students, Affirmative Action Was Never Enough The Supreme Court Kicks Away the Ladder Harvard says it may still consider race during the admissions process, citing the Supreme Court's own ruling against affirmative action Harvard’s Admissions Is Challenged for Favoring Children of Alumni Why there won’t be a backlash against the Supreme Court this time Affirmative action is over in the United States, but only for Black people A Potent Replacement for Affirmative Action The time Clarence Thomas said affirmative action was ‘critical’ for society Harvard sued over ‘overwhelmingly White’ legacy admissions
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Student Debt:

Biden reveals Plan B for student debt forgiveness Biden’s New Student Debt Plan Likely to Face Legal Challenges Why the White House thinks new student loan plan will hold up in court Ocasio-Cortez knocks Biden plan for student loan interest to kick in during ‘on-ramp’ period Student-loan borrowers who qualified for the first debt relief plan are not yet guaranteed relief under Biden's new route
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Student Loan Forgiveness: Biden Administration Makes It Easier To Have Debt Discharged Through Bankruptcy
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Autos:

Automotive Lobby: EPA's Vehicle Emission Standards 'Neither Reasonable Nor Achievable'
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German Carmakers Are Bleakest About Their Future Since 2008
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Trucking:

Truckers flooded the market during Covid. Now they struggle to pay their bills.
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Crypto:

Winklevoss Presents “Final Offer” in Genesis Crypto Bankruptcy Proceedings
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FTX customers who lost all their money when the exchange collapsed should blame the SEC, Mark Cuban says
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Voyager’s Creditors Charged $5.2M By Law Firm in Latest Bill, Adds up to $16.5M
(DBN)

3AC co-founders promise to pay creditors from future earnings
(DBN)

Celsius Gets Court Clearance For Crypto Payback To Creditors Celsius to Liquidate Altcoin Holdings to Repay Creditors
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Maritime:

OceanGate's former finance director said she quit when Stockton Rush asked her to be the Titanic submersible's chief pilot after firing the original one for raising safety issues: report A former OceanGate finance director said some engineers in the Titanic submersible company were teenagers who earned $15 an hour at one point: report A former OceanGate advisor said the Titanic submersible tried to reach the surface before it imploded, indicating those on board knew something had gone wrong Repeated Warnings on Titan Sub Were Ignored
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Fraud:

June 2023 Ponzi Scheme Roundup
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Over half a million silver coins just vanished – now the metals dealer behind the 'fraudulent' scheme must pay $146 million
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Consumer Finance:

Goldman Sachs is thinking about breaking up with Apple after losing billions on its consumer banking push, reports say
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Sovereigns:

China to stay out of official creditors’ platform, but Sri Lanka ‘very confident’ of bilateral support
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Sri Lanka shares hit 9-month high on nod for domestic debt restructuring plan
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Zambia’s Debt Deal Is Promising But Unfinished
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Reforming the Global Debt Architecture
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Is a global debt bomb about to explode?
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Pakistan becomes fourth largest IMF debtor: Which are the other countries in debt?
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UK:

Court of Appeal delivers important judgment on s.423 of the Insolvency Act 1986
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Le Pain Quotidien closes all but one of its stores after falling into administration
(DBN)

Thames Water Needs ‘Substantial’ Funds, Says Ofwat CEO Debt-ridden Thames Water hit with multi-million pound fine for polluting rivers as firm ‘pushed to brink of collapse’ Thames Water's Woes Will Swamp the UK Government
(DBN)

Gino D'Acampo lands a new job after shutting down his debt-ridden chain of Italian restaurants and quitting his ITV show
(DBN)

Ill in England? Your Location Can Determine If You Live or Die
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EU:

Europe stocks lower as economic gloom returns; euro zone business output contracts
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Canada:

$19 billion in trade stranded as Canada’s port labor negotiations hit pause
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Netherlands:

Another successful Dutch Scheme: a milestone in the complex and multi-jurisdictional Steinhoff restructuring
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France:

Casino shares dive again as retailer faces growing default risk Casino Plunges as Billionaires’ Plans Would Wipe Out Holders Europe’s richest billionaires battle over France’s debt-laden supermarket chain
(DBN)

France arrests nearly 1,000 rioters in fourth night of violence Clashes Continue Across France Mourners bury slain teen in France as 45,000 police are deployed and 5th night of unrest is quieter Home of French mayor ram-raided and torched by rioters French Riots An Unwelcome, Perilous Crisis For Macron French police arrest 700 protesters as mayor's family survives burning car 'assassination' attempt French Police: We Are at War with Vermin Macron pushes for end in test of his authority France seeks answers as Macron declares riots 'peak' passed Macron to Meet With Mayors as France Counts Cost of Riots
(DBN)

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Germany:

German Commercial Property Deals Tumble 50% to Five-Year Low
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Russia:

UK government extends Russian sanctions to include City legal advice
(DBN)

Most Americans Still Support Ukraine War Effort
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Russia launches wave of drone strikes on Kyiv, Ukrainian officials say
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Russia has 'lost nearly half' of its combat effectiveness since invading Ukraine, UK defense official says
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Zelensky says he’s worried about losing bipartisan support in US after ‘dangerous messages coming from some Republicans’
(DBN)

21,000 Wagner mercenaries killed in Ukraine and ‘world wants to kill’ Putin, Zelensky says
(DBN)

Putin crackdown on Wagner rebellion creates new weak points in Russian military CIA chief on Wagner-Russia dispute: ‘A vivid reminder of the corrosive effect of Putin’s war’ Here's what could happen to the Wagner Group after the armed rebellion against Russia failed Wagner’s real money never came from diamonds and gold Wagner Group Head Resurfaces with Message Wagner rebellion raises doubts about stability of Russia nuke arsenal
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Ukraine says Putin is planning a nuclear disaster. These people live nearby.
(DBN)

Russia says it foiled Ukrainian drone attack on Moscow as Kyiv’s counteroffensive grinds on Moscow attacked by drones, Russia says, forcing authorities to temporarily close international airport
(DBN)

Ukraine’s counteroffensive hasn’t met expectations. Here’s why progress has been slow
(DBN)

Where are Ukraine's missing children?
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Ukraine reclaimed an occupied village during its counteroffensive with far fewer troops than Russia
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China:

China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment?
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China's June factory activity slows as conditions weaken - Caixin PMI
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Chinese Developer’s $1.8 Billion Distressed Asset Gets Zero Bids
(DBN)

Sino-Ocean Working With Major Shareholders on Debt Plan, Sources Say
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China Property Pain Worsens With Failed Auction, Sino-Ocean Rout
(DBN)

ING Sues Legendary Chinese Copper Trader Over $147 Million Debt
(DBN)

China's youth unemployment is so dire that it's inspired recent college grads to post pictures of themselves sprawled on the ground in 'zombie-style' poses
(DBN)

Treasury Secretary Janet Yellen to meet with senior officials in China this week
(DBN)

Why war with China over Taiwan could ruin the global economy?
(DBN)

Chinese social media users are not impressed with your ham sandwich
(DBN)

Pence calls Biden labeling Xi a dictator ‘a statement of fact’
(DBN)

US warns Americans against traveling to China because of the risk if being wrongfully detained and arbitrary exit bans
(DBN)

____________

India:

No Provision In IBC For Constitution Of COC With A Single Operational Creditor: NCLAT Chennai
(DBN)

Indian banks well capitalized to face possible stress; bad loans at 10-year low
(DBN)

____________

Mexico:

Sen. JD Vance endorses the U.S. military’s going after drug cartels in Mexico
(DBN)

____________

Brazil:

Brazil bars Bolsonaro from political office for eight years
(DBN)

____________

MENA:

Israel launches massive deadly attack on West Bank city of Jenin Why did Israel attack Jenin? West Bank operation explained Israel presses on with major West Bank military raid? as Tel Aviv attack injures 7 Eight injured in Tel Aviv car ramming and stabbing attack, Israeli officials say
(DBN)

Taliban administration orders beauty salons in Afghanistan to close
(DBN)

____________

Peru:

Peru’s Inflation Slows Sharply in June After Economy Cools
(DBN)

____________

South Korea:

South Korea factory activity suffers longest downturn in at least 19 years
(DBN)

____________

Japan:

Japan factory activity slips back into contraction in June on soft orders
(DBN)

____________

Sweden:

Sweden’s Debt-Laden Landlords Veer Closer to Forced Sales
(DBN)

____________


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