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Boy, 16, in hospital with gunshot wounds after incident in Alum Rock areaA teenager has sustained “potentially life-threatening” gunshot wounds after a shooting near a mosque in Birmingham, police have said.Officers were called to reports of an incident on Bowyer Road, near St Saviours Road in the Alum Rock area, shortly before 5.30pm on Wednesday. Continue reading...

First of major coverage losses expected as a result of the ‘One Big Beautiful’ bill signed into law one year agoNearly 500,000 moderate-income New Yorkers will be dumped from their health insurance plans on 1 July – the first of major coverage losses expected as a result of HR 1, the Republican-led law signed almost exactly one year ago.The law, sometimes called the “One Big Beautiful Bill Act,” slashed government health spending by $911bn nationally in favor of permanent tax breaks for higher-income families and border security. Continue reading...

• The EUR/USD pair experienced mild losses during Tuesday's early Asian session, softening to approximately 1.1415. • This decline is driven by traders reducing their expectations for further interest rate hikes from the European Central Bank (ECB) this year. • Market focus remains on the Trade Balance and economic data from Germany, France, Italy, and Spain, which collectively represent 75% of the Eurozone's economy.

• The U.S. Department of Justice, through "Operation Offsides," shut down nearly 400 illegal streaming sites broadcasting World Cup content. • The initiative involved a coalition including Homeland Security Investigations, international prosecutors, and private entities such as FIFA, NBCUniversal, and Warner Bros. • Authorities targeted piracy operations across multiple countries, including Peru, Bulgaria, Croatia, Romania, Poland, and Colombia, to protect intellectual property rights.

• The South Korean boy band BTS has contributed approximately $50 billion to the national economy during their first decade of activity. • This economic impact is significant enough to be comparable to the GDP share of a major South Korean airline. • The group was signed in 2013 by Big Hit Entertainment, a small label founded in 2005 by Bang Si-hyuk that nearly faced bankruptcy before the band's debut.

More than half of homes taken to auction not selling while median property price in Adelaide started to slide in JuneGet our breaking news email, free app or daily news podcastHouse prices are now falling in four capital cities with the Adelaide market beginning to slide in June, while Sydney values have dropped by $48,000 since the start of the year.Data from Cotality, released on Wednesday, showed Sydney and Melbourne recorded their biggest one-month decline in values since August 2022, falling 1.2% and 1% respectively. Continue reading...

Hospitality trade bodies’ data published as celebrity chefs and restaurateurs launch campaign for VAT cutNearly a quarter of UK pubs, bars and restaurants are losing money, according to new survey data that came as a group of celebrity chefs and business owners stepped up their campaign for a sector-specific VAT cut.Spearheaded by chef Tom Kerridge, leading figures in the hospitality sector are calling for VAT on the industry to be cut from 20% to 10%. Continue reading...