Good morning, Quartz readers! Here’s a roundup of the latest news you need to know:
1. US pledges support for Israel: President Joe Biden condemns Hamas’s attack and confirms American hostages.
2. EU warns Elon Musk to comply with disinformation laws regarding fake news about the war circulating on X.
3. Should you invest in McDonald’s and Caterpillar stock right now?
4. Country Garden misses $60 million international loan payment, warns of worsening times.
5. US crude oil exports reach a new high in the first half of 2023, with Europe as the top destination.
6. Utah sues TikTok, accusing the platform of hooking kids, making false safety promises, and exaggerating independence from its Chinese parent company, ByteDance.
7. Cryptocurrency funding Hamas attacks: Elliptic reveals that Hamas and its affiliates have solicited donations in bitcoin, dogecoin, tether, and USDC.
8. US Treasury yields fall as Federal Reserve officials hint at unchanged interest rates.
9. Jim Caron from Morgan Stanley warns against long positions on bonds, suggests adding duration to portfolios.
10. UN’s climate fund falls short as wealthy nations fail to contribute, with the US and China being the top polluters.
And now for some surprising stories:
1. Historic English churches are being paid to tolerate bat problems, while the bats observe amused.
2. Can prediction markets save us? Some experts believe that a collective of skilled bettors can arrive at the truth.
3. Prada collaborates with NASA to design the next spacesuits for the Artemis III Moon mission in 2025.
4. Remember, you can’t bring giraffe poop through customs, even if it’s for making jewelry.
5. Germany’s versatile Unimog truck is unstoppable, capable of handling anything from wildfires to the end of days.
We hope you have a productive day. Send your news, comments, and interesting discoveries to [email protected]. Thank you for supporting Quartz.
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