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Clashes in Pakistan-administered Kashmir kill 11 ahead of protest
Clashes in Pakistan-administered Kashmir ahead of a protest called for Tuesday killed ?11 people and injured more than 70 as ?police and paramilitary forces sought to scatter a group of protesters from a ?banned alliance of civil society ?groups. The police said that the protesters from 'the Joint Awami Action Committee', which aims to protect economic and political freedoms, had gathered in front of the hospital morgue, where another member of the group was taken following his death by firing. Sardar Waheed Khan said that four police officers and one passerby were killed after miscreants fired at them. He added, "As a result of law enforcement's response, six protesters died." Liaqat Malik, the police chief in Pakistan's Himalayan region which is a flashpoint between India and Pakistan, said that 23 security officials were injured in the incident on Sunday. He also added that 50 protesters had been injured. Thirty offenders have since been arrested. Shaukat Mir, a JAAC member, said in a video on X that the state had begun a massacre against our people in Rawalakot. He pledged that the group will remain united in order to achieve the June 9 lockdown. Khan responded by saying, "The JAAC leaders are misleading the masses when they call it a massacre. The state's actions were meant to restore order. He said that when security forces attempted to disperse?protesters the group's militants used automatic rifles as well as petrol bombs to target them. The JAAC announced the strike in protest of the reservation 'of 12 seats for refugee candidates at the July 27 regional legislative?body elections, out?of?45 that were up for grabs. The alliance wants to abolish the reserved seats of the Azad-Jammu-and Kashmir Legislative assembly, which are contested by candidates from Pakistan, not Kashmir. The regional government declared the JAAC a prohibited group on Friday under an anti-terrorist law and advised 'domestic and international tourists to leave before June 9'. After clashes with the security forces, the JAAC's supporters turned the deadly protests against the rising cost of electricity and flour into mass demonstrations. Reporting by Tariq Mqbool, Writing by Mubasher Bukhari; Editing Clarence Fernandez
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NATO kills drone in Latvian airspace - army
NATO fighter jets shot down on Monday a 'drone' that entered Latvian airspace from Russia, according to the Baltic nation's military. This is the latest incident in a long line of security incidents near Europe's eastern borders. The origin of the drone was not immediately known. In recent months, Ukraine has increased its long-ranged drone attacks against Russia, including the Baltic Sea region, where several Ukrainian military aircraft have entered the airspace of Finland and Latvia. In a social media post, the Latvian army stated that "Allied fighter 'jets successfully shot down a drone which was flying into Latvian Airspace!" The authorities warned residents in eastern Latvian regions earlier Monday to take shelter inside due to the threat. The alert was lifted 'when the drone had been shot down,'?the army? said. The 'war in Ukraine' is spreading to NATO's northern border, according to fears sparked by military drones that have crossed into Russia's airspace. Last month, a NATO jet shot down a suspected Ukrainian drone in Estonia. (Reporting and writing by Janis Sytas and Andrius Laizans, editing by Terje Solsvik).
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London Copper nears 1-week Low on Continued Inflation Worries
London copper prices remained at a one-week low on Monday due to weaker Chinese 'prices, and expectations that the Federal Reserve will be influenced by strong U.S. job data and higher oil prices. The benchmark three-month copper price on the London Metal Exchange rose 0.19%, to $13,545 per metric ton at 0710 GMT. The LME copper fell to its lowest level since May 28 due to a rising dollar, and fears of inflation. Industrial metals are more dependent on economic growth as a result of higher?interest rates. The official data revealed that the U.S. added 172,000 new jobs in May. This was more than twice what analysts expected. The data was released less than two weeks before Kevin Warsh made his debut as the?head of U.S. Federal Reserve. According to CME's FedWatch, the expectation of a rate increase in December has risen to around 78%. The most traded copper contract at the Shanghai Futures Exchange fell 1.54%, to 104120 yuan (15,340.87 dollars) per ton. The stock market in China and Hong Kong opened lower on Monday, following their U.S. counterparts. Yangshan Copper Premium The price of copper, which reflects the demand for imported metals, dropped to $64 a ton by the end the day on the Friday. This is the lowest since April 30. Buyers in China are historically sensitive to high prices. Oil prices also increased by?4.84% after Iran and Israel traded fire on Monday. Aluminium fell by 0.06% on the LME, while zinc dropped by 0.31%. Lead?lost 0.5 %, and nickel grew 0.08%. Tin declined 2.71%. Aluminium fell 0.8% on?SHFE. Zinc dropped 0.87%. Lead slid by 0.37%. Nickel added 0.25%. Tin dropped by 6.62%.
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Gold continues to fall on fears of an interest rate hike in the US
Gold prices fell on Monday to their lowest level in more than two-months, amid fears of an increase in U.S. interest rates following a positive jobs report. Meanwhile, renewed hostilities across the Middle East drove oil prices up and increased inflation concerns. Gold spot was down 0.3% to $4,315.71 an ounce at 0725 GMT. It had fallen to its lowest level since March 23 during the earlier session. Prices dropped by?3% Friday, reaching a two-month low. U.S. Gold Futures for August Delivery were down 0.6% to $4,341.10. Kelvin Wong is a senior analyst at OANDA. He said that gold was under pressure due to the increased Treasury yields. The yield on the benchmark 10-year U.S. Treasury Note rose, after reaching a two-week-high in the previous session. This increased the opportunity cost of holding non-yielding gold. Israel claimed it had struck military targets on the western and central Iranian coasts, despite reports that U.S. president Donald Trump told Israeli Prime Minister Benjamin Netanyahu not to launch any more attacks. Oil prices rose by more than $4 per barrel, causing inflation fears and interest rate increases to rise. Gold is often seen as a hedge to inflation. However, higher interest rates can weigh down on this non-yielding material. The U.S. Economy posted a strong third consecutive month in May. This confirms that the labour market is gaining momentum after last year's stumble. It also gives the central bank more leeway to keep rates stable amid rising inflation caused by the Iran War. According to CME Group’s FedWatch tool, the markets are pricing in an increase by the Federal Reserve before year-end. There is a 72% probability of this happening by December. Cleveland Fed President Beth Hammack stated on Friday that the new job numbers showed the labour market was?roughly in balance and close to?full employment', while the continued high inflation could?require the Fed raising rates soon to control it. Silver spot was down by 0.5% to $67.47 an ounce. Platinum fell 0.6% to 1,766.70 while palladium rose 0.3% to $1229. (Reporting and editing by Subhranshu sahu in Bengaluru, Sherry Jacob-Phillips).
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Wall Street Journal, June 8,
These are the most popular?stories from the Wall Street Journal. These?stories have not been?verified' and we cannot?guarantee? their?accuracy. Israel and Iran traded missile strikes Monday, after the U.S. brokered a ceasefire in early April. This was their first direct attack since the truce went into effect. - Nvidia is ?teaming up with South Korea's SK Telecom and Naver ?to build gigawatt-scale artificial-intelligence cloud infrastructure in Asia. - Intesa Sanpaolo said ?it has launched a EUR30.66 billion ($35.33 ?billion) unsolicited cash-and-share ?takeover bid for Monte dei Paschi di Siena. Roche has announced that it has signed an exclusive licensing agreement and collaboration with Nurix Therapeutics for the development of blood cancer drug,?bexobrutideg. The deal is worth up to $2.3 Billion. OPEC and their 'allies' agreed to increase oil production?by 188,000??barrels a day in July, amid Middle East tensions which have?disrupted a major oil?shipping?route. Ingredion announced that it had agreed to purchase Tate & Lyle, a British company, for PS2.7 billion ($3.6 'billion) cash. The deal stipulated a price of?595 per share.
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Gold continues to fall on fears of an interest rate hike in the US
Gold prices sank on Monday due to a growing 'fear of an increase in U.S. interest rates? after a positive jobs report. Meanwhile, renewed hostilities across the Middle East drove oil prices up and increased inflation fears. Gold spot fell 1% at $4,287.66 an ounce as of 0544 GMT. Prices dropped about 3% Friday, reaching their lowest level since March 24. U.S. Gold futures for August delivered?were down by 1.2% to $4,311. The market's hawkishness is reflected in the Fed futures, said Kelvin Woong, senior analyst at OANDA. He added that higher Treasury yields are further pushing gold down. The yield on benchmark 10-year U.S. Treasury notes rose, after jumping to two-week highs in the previous session. This increased the opportunity cost for holding non-yielding gold. Israel claimed it had struck military targets in western and central Iran, despite the fact that U.S. president Donald Trump reportedly warned Israeli Prime Minister Benjamin Netanyahu not to launch any further attacks. Oil prices increased by more than $3 per barrel, causing inflation fears and interest rate increases to rise. Gold is often seen as a hedge to inflation. However, rising interest rates can weigh on this non-yielding precious metal. The U.S. Economy posted a strong third consecutive month of job gains in the month of May. This confirms that the labour market is gaining momentum after its stumble last year, and gives the central bank more room to maintain rates despite rising inflation caused by the Iran War. According to CME Group’s FedWatch tool, the markets are pricing in an increase by the Federal Reserve before year-end. There is a 72% probability of this happening by December. Cleveland Fed President Beth Hammack stated on Friday that the new jobs numbers showed the 'labour market is roughly balanced?and close to full employment. Meanwhile, continued high inflation may require the Fed raising rates soon to control it. Silver spot was down by 2.2% to $66.33, platinum fell 2.1% to 1,739.78 and palladium dropped 1.5% to 1,207.50. (Reporting by Pablo Sinha in Bengaluru; Editing by Subhranshu Sahu)
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Gold continues to fall on fears of an interest rate hike in the US
Gold prices extended their?losses Monday due to a growing?fear of an U.S. rate?hike?following a strong jobs?report, while renewed hostilities and inflation concerns in the Middle East drove oil prices up. By 0429 GMT, spot gold had fallen 0.2% to $4319.09 an ounce. Prices dropped by about 3% Friday, reaching their lowest level since March 24. U.S. Gold Futures for August Delivery?were down by 0.5% to $4,343.20. The market's hawkishness is reflected in the Fed futures, said Kelvin Woong, senior analyst at OANDA. He added that higher Treasury yields are further pushing gold down. The yield on benchmark 10-year U.S. Treasury notes rose, after soaring to a 2-week high in the previous session. This increased the opportunity cost for holding non-yielding gold. Israel claimed it had struck military targets in western and central Iran, despite the fact that U.S. president Donald Trump reportedly warned Israeli Prime Minister Benjamin Netanyahu not to launch any further attacks. Oil prices increased by more than $3 per barrel, causing inflation fears and interest rate increases to rise. Gold is often seen as a hedge to inflation. However, rising interest rates can weigh down on this non-yielding precious metal. The U.S. Economy posted a strong third consecutive month of job gains in the month of May. This confirms that the labour market is gaining momentum after its stumble last year, and gives the central bank more room to maintain rates despite rising inflation caused by the Iran War. According to CME Group’s FedWatch tool, the markets are pricing in an increase by the Federal Reserve before year-end. There is a 72% probability of this happening by December. Cleveland Fed President Beth Hammack stated on Friday that the new jobs figures show the labour market is roughly in balance and near full employment. However, the continued high inflation could require the Fed raise rates quickly to contain it. Silver spot was steady at $67.86 an ounce. Platinum lost 0.5% at $1,767.42 and palladium remained unchanged at $1.225.67. (Reporting by Pablo Sinha in Bengaluru; Editing by Subhranshu Sahu)
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London Copper nears 1-week Low on Continued Inflation Worries
London copper was near its one-week lows Monday due to a combination of 'weaker Chinese metal prices' and a growing expectation that the Federal Reserve will be pushed towards rate hikes by strong U.S. job data and higher oil costs. Benchmark 'three-month copper' on the London Metal Exchange rose 0.38% at $13,570.5 per metric ton as of 0331 GMT. LME copper fell to its lowest level since May 28 due to a rising dollar, and inflation fears. Industrial metals are more dependent on economic growth, so higher interest rates can dampen their prospects. Official data showed that the U.S. economy created 172,000 new jobs in May. This was more than double what analysts expected. The strong data was released less than two weeks before Kevin Warsh made his debut as the head of the U.S. Federal Reserve. According to CME's FedWatch, expectations of a rate hike in December have risen to 78%. The most traded copper contract at the Shanghai Futures Exchange fell 1.5%, to 104160 yuan (15,354.45) per ton. The trend was a sell-off in tech stocks across Asia as China and Hong Kong opened lower Monday, following their U.S. counterparts. The Yangshan Copper Premium The price of copper in China, which reflects the demand for imports, dropped to $64 a ton at the end of Friday's trading, its lowest level since April 30. China has historically been sensitive to high prices. Oil prices increased by?3.68% Monday, after Iran and Israel exchanged?fire Sunday and Monday. Aluminium, zinc, and lead all saw a slight increase. Nickel also increased by 0.4%. Tin, however, fell by 1.48%. On the SHFE, elsewhere, aluminum fell 0.74%. Zinc also dropped 0.74%. Lead dipped by 0.21%. Nickel gained 0.79%. Tin plunged 5.97%.
GRAPHIC-Bear attacks are increasing in Japan. Aging hunters are on the front line.
A gunshot rang out on a recent morning in a meadow in northern Japan. The brown bear plunged in the cage, enjoyed by a handful of city authorities and hunters.
The bear had been wandering around a close-by home and consuming its way through surrounding cornfields, so officials and hunters in Sunagawa city had actually set a trap with a deer carcass to draw the starved animal.
For me, it's constantly a bit deflating when a bear gets caught, Haruo Ikegami, 75, who heads the local hunters' association, informed Reuters hours in advance.
Japan is coming to grips with a growing bear issue. A dwindling band of aging hunters is on the cutting edge.
A record 219 people were victims of bear attacks, 6 of them deadly, in the 12 months through March 2024, while more than 9,000 black and brown bears were trapped and chosen over that duration, according to Japan's environment ministry ( To see the full story, go to )
Both types' habitats have been broadening; the ministry. quotes that the variety of brown bears in Hokkaido, Japan's. northern island, more than doubled to about 11,700 in the 3. years through 2020. (It does not keep quotes on black bears,. most of which live on the main island of Honshu, though a widely. cited 2023 analysis by Japan's Yomiuri Shimbun paper. estimated their numbers at roughly 44,000, a threefold increase. considering that 2012.). Restrictions on searching practices and higher emphasis on. preservation added to a rise in bear sightings over. recent decades, according to Japan's Forest Research and. Management Organisation. With Japan's rural areas experiencing. fast demographic decline, bears are venturing closer to towns. and towns and into deserted farmland, an environment. ministry specialist panel said in February. But bear know-how among local governments is spotty, and. Japan's reliance on leisure hunters to secure settlements. looks unsustainable as its population ages, according to Reuters. interviews with nearly two lots individuals, including professionals,. hunters, officials and locals.
Numerous called for changes to the way Japan handles human-bear. conflict to address safety concerns while ensuring a future for. the bears.
In Hokkaido cities and towns like Sunagawa, Naie, Iwamizawa. and Takikawa, which Reuters checked out in October, some residents. wonder what will take place when hunters can no longer do the job.
Toru Yoshino, a 66-year-old chicken farmer in Sunagawa, stated. he was terrified by a bear that would roam into his farm a. couple of years earlier. As local authorities weighed how to react, they. ultimately counted on the hunters' association, the Sunagawa. Ryoyukai, to neutralise the hazard, he stated.
Sunagawa's local government told Reuters that efforts to. capture the bear were complicated by its proximity to homes and. considerations about what to do as soon as the animal was caught.
Although some hunters stalk bears as a hobby, Ikegami. reckons not many are delighted about culling caught bears for. local governments.
I don't desire individuals to think of hunting as something. fashionable. What we do is difficult. It's a huge concern to take. a life, he said.
The burden is both mental and monetary. The hunter that shot. the bear in Sunagawa would get about 8,000 yen (about $50),. possibly enough to cover fuel and costs however little else,. Ikegami said.
Hunters also run the risk of clashing with authorities. Ikegami's weapons. were taken by Hokkaido authorities in 2019 after they considered. his attempt to shoot a bear near a house was ill-judged. He is. fighting in court to have the weapons returned. The Hokkaido. security officials associated with the matter decreased to attend to. Reuters concerns about the case.
In response to increased bear attacks, Japanese government. authorities this year proposed relaxing guidelines around gun use to. make it much easier for hunters to shoot bears in urban locations.
City governments of Sunagawa, Takikawa and Iwamizawa told. Reuters that local and nationwide authorities could go even more. to deal with the issue. This might include promoting the. recruitment of hunters and improving their conditions, amongst. other ideas.
Japan's environment ministry stated it subsidises efforts to. train regional authorities and carry out bear drills in the areas, but. added that regional distinctions in human-bear conflicts called. for tailor-made approaches. The Hokkaido government's wildlife. bureau stated it ran numerous efforts to incentivise and. recruit hunters, consisting of promotional events and training. people in how to manage brown bears.
Ecological group WWF stated in an email that to preserve. Japan's bear population, authorities should act. including developing human-wildlife buffer zones and formulating. a nationwide defense and management plan. It declined to. comment specifically on the culling of bears in Japan.
While its numbers have been growing in Japan, the Asiatic. black bear is noted as vulnerable on the IUCN's red list of. threatened species globally. The brown bear is noted as least. concern.
AGING
Bear hunting was financially rewarding till the 1980s, and conceal and. bile were traded for high costs. However with growing ecological. awareness and modifications to regulations and customer tastes, the. practice has fallen out of favour.
Japan provided some 218,500 searching licences in the 2020. , less than half of the 517,800 it released in 1975,. according to official information. While about 98% of those provided in. 1975 were for shooting, that figure dropped to 42% in 2020, the. latest data. The remaining licences are for trapping. About. 60% of licence holders were aged over 60, according to 2020. information.
Searching is pricey, unattractive, and exhausting, the. hunters state.
Traps require to be examined daily while bears prowl nearby. Rifle owners must follow Japan's stringent guns laws and. buy ammo and weapon storage.
Those troubles came to a head previously this year in Naie,. where hunter Tatsuhito Yamagishi, 72, implicated the local. government of taking hunters for given, without purchasing a. longer-term service.
As soon as we grow old and have no option however to give up, this. reliance on the hunters' association is not going to work,. Yamagishi stated.
Naie's local government declined to discuss the dispute. with Yamagishi but said authorities were taking actions to resolve. the bear issue, including working with certified hunters from. outside the area.
Some professionals, consisting of Koji Yamazaki, a professor at Tokyo. University of Agriculture who studies bears, stated depopulation. and a decrease in the quantity of managed farmland in current. decades may have led bears to end up being bolder about approaching. towns. Clearer demarcation between habitats would help human beings. and bears coexist, he said.
Yoshikazu Sato, professor of farming at Rakuno Gakuen. University, said bears appeared to be raising cubs closer to. human settlements, causing young bears not to fear people as. much as previously. Climate change-driven shifts in the ripening and. flowering of fruits, nuts and leaves may drive bears to rob. crops when their usual food sources are low, he included.
What we require is a daily, constant effort to make sure. that bears don't get in human locations, Sato said.
BEAST WOLF
Katsuo Harada, an 84-year-old hunter, stated that ultimately,. Japan ought to create a system where hunters are paid enough to. support a household. Unless they're paid correctly, we can't. support the next generation of hunters, he stated.
Harada brings the scars of a bear attack more than twenty years. ago, when the animal sank its teeth into his skull.
It sounded like it was munching on some raw radish, he. said.
He battled the bear, and his searching buddies called for. aid. The subsequent surgery took 16 hours, he stated.
Harada is now part of a non-profit organisation, Farming. Assistance Hokkaido, that assists neighborhoods keep troublesome. wildlife at bay.
If I do not keep doing my job, there might fall,. Harada stated.
Japan's environment ministry in September cautioned about the. possibility of a rise in bear attacks towards year-end, when. the animals typically scavenge for food to accumulate fat for. hibernation. In 2023, bear sightings and attacks peaked in. October, according to main information. With Japan's population aging and shrinking, some companies are. turning to technology to manage bears.
Propped on four rods, the Beast Wolf robot sold by. Sapporo-based Wolf Kamuy releases grumbles, barks and risks from a. loudspeaker, triggered by a sensing unit.
Priced at about 400,000 yen (approximately $2,550) and powered by. solar power, the gleaming-eyed beast has demonstrated some. success in warding off bears, though its sensor can be triggered. by other animals, said business vice-president Yuji Ohta.
However Yamagishi, the hunter in Naie, stated it takes years of. analysing pawprints and dung and discovering to read bears' indications. to comprehend how to trap them, including that human knowledge will. remain essential to managing the problem.
Yamagishi believes it would take three to 5 years to train. a new generation of hunters.
Already, we'll all be retired, he stated.
(source: Reuters)