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Daily Briefing

Ukraine says it liberated a strategic southeastern settlement, a US judge will set a trial date for Trump, and US-Sino tensions help to spawn a Chinese card game craze.

Plus, thousands gathered for the annual Redhead Days Festival.

By Kate Turton

Today's Top News

Ukrainian servicemen near the village of Robotyne, Ukraine, August 25, 2023. REUTERS/Viacheslav Ratynskyi

Ukraine said its troops had liberated the southeastern settlement of Robotyne and were trying to push further south in their counteroffensive against Russian forces.
Indian billionaire Gautam Adani's plan to rehouse a million people living in one of Asia's biggest slums is fueling worries among residents about his capacity to deliver amid high-profile financial setbacks and allegations that Prime Minister Narendra Modi's allies afforded him favorable treatment.
Chinese weather forecasters warned several provinces to expect torrential rain and flash floods over the next two days as unrelenting downpours wreak havoc on the country. More than three thousand people were evacuated in the northwestern Hunan province over the weekend.
Japan said that many harassing phone calls were received in the country, likely from China, regarding the release of treated radioactive water from the Fukushima nuclear power plant into the Pacific and called it "extremely regrettable".

US NEWS

A federal judge is expected to set a start date for former US President Donald Trump's criminal trial on charges of trying to overturn his 2020 election defeat in a failed bid to keep himself in power. A push by his allies to move the Georgia subversion trial could mean delays.
Thousands of Americans commemorated the 60th anniversary of the March on Washington, a pivotal event in the 1960s US civil rights movement at which Martin Luther King Jr gave his galvanizing "I have a dream" speech. Scenes from the March on Washington, sixty years later.
The white gunman who shot and killed three Black people at a Dollar General store in Jacksonville, Florida on Saturday was a 21-year-old who bought his guns legally and had no criminal history, local law enforcement said.

Business & Markets

Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts.
Tesla is set to defend itself for the first time at a trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk's assertions about the technology.
US Commerce Secretary Gina Raimondo opened talks with Chinese government officials, saying it is "profoundly important" for the world's two largest economies to have a stable economic relationship.
Evergrande lost as much as $2 billion, or 80% of its market value, on Monday after its shares resumed trading in a crucial step for the world's most indebted property firm as it seeks to restructure its offshore debt.
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel.
Turkey's latest massive interest rate hike has caught the attention of long-skeptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a return to orthodox monetary policy is underway.

US-Sino tensions help spawn China card game craze

Finance professionals learn how to play guandan, a poker-like card game, during a training session in Beijing, China August 6, 2023. REUTERS/Yew Lun Tian/File photo

China's bankers and business executives have become increasingly reliant on domestic capital in recent years as foreign funding has dried up, but a popular way to unlock that cash may very well involve "throwing eggs".

Reuters China correspondent Lun Tian Lew tells today's Reuter's World News podcast about the card game bankers are playing in China to win deals and investment.

Guandan, a poker-like card game that has been around for decades, has gained fresh life among venture capitalists

And Finally...

Bryan, 21, looks at a woman, 20, both from Germany, as they attend the annual Redhead Days Festival in Tilburg, Netherlands, August 27, 2023. REUTERS/Piroschka van de Wouw

Thousands of people gathered in the Netherlands this weekend to celebrate their red hair at the annual Redhead Days Festival in the southern town of Tilburg.

According to organizers, some 5,000 redheads from different countries visited the festival, which offered workshops on painting, make-up and skin care tips, photo shoots, music and speed meet events.

Redheads make up between 1 and 2 percent of the world’s population

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