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#politics

PJ Media: The Morning Briefing: Add Mitch McConnell to List of Beltway Elders Who Shouldn't Be at Work

Aging political leaders are showing signs of decline and health issues. Senate Minority Leader Mitch McConnell had a medical episode during a press conference, highlighting the need for mandatory retirement age and public disclosure of health records.

#society

Fox News: Hawaii Health Department trains future therapists to conceal conversations with LGBT youth from parents

Employees of the Hawaii Department of Health instructed staff and graduate students at the University of Hawaii not to document their conversations with LGBTQ+ youth in order to keep parents unaware of their child's sexual identity. The training, titled "Affirming practice with LGBTQ+ youth," emphasized the importance of confidentiality and allowing LGBTQ+ individuals to decide when and to whom they disclose their orientation. The presentation also addressed minority stress, prejudice, and the use of privilege to support marginalized individuals.

#war

Euromaidan Press: Russian troops reinforce with advanced Ka-52M helicopters, missiles – UK intel

Russian troops have reinforced their presence in southern Ukraine with advanced Ka-52M helicopters and LMUR missiles. The UK intelligence reports that Russia has likely lost around forty Ka-52s but has also caused significant damage to Ukraine.

#foreignaffairs

Euromaidan Press: Moldova expels 45 Russian diplomats, embassy staff

Moldova expels Russian diplomats and embassy staff, citing unfriendly actions and attempts to destabilize the country.

#economy

Flag And Cross: Federal Reserve Resumes Tightening Efforts, Raises Interest Rates

The Federal Reserve raised interest rates by 25 basis points, increasing borrowing costs to the highest level since 2001. Fed Chair Powell expressed concern about the core inflation rate and emphasized the need to consider upcoming economic data before deciding on rate hikes in September.

Flag And Cross: Mattel Beats Earnings Estimates, Sees Potential In Barbie Movie

Toy company Mattel Inc reported better-than-expected second-quarter financial results, with net sales beating estimates and earnings per share in the positive. Sales in the North American segment were down, but dolls showed growth. International segment sales also saw a decrease, although dolls and vehicles showed growth. The company's American Girl segment experienced a decline in sales. Mattel's CEO expressed optimism about the release of the Barbie movie and the potential to monetize the company's brands. The company confirmed its previous guidance for the full fiscal year.

Flag And Cross: Cryptocurrencies Mixed As Fed Raises Rates, Bitcoin Struggles

Major cryptocurrencies had a mixed response to the U.S. central bank raising interest rates. Bitcoin and Ethereum saw gains, while Dogecoin experienced a decline. Despite the rate hike, investors are hopeful that the Federal Reserve will eventually stop increasing rates. The global crypto market capitalization has increased slightly. The U.S. stock market declined following the rate hike, but Treasury yields decreased as the Fed suggested a possible pause in rate increases. Analysts believe there will be no more rate hikes in the near future, but there are concerns about a potential recession and a poor GDP report tomorrow. Bitcoin may be prone to corrections post-halving, based on historical patterns.

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