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In The News

Ukraine Prison Blast, Kentucky Floods, Vettel’s Green Retirement

​Two men paddle in a boat in Breathitt County, Kentucky, as devastating floods leave at least eight dead.

Two men paddle in a boat in Breathitt County, Kentucky, as devastating floods leave at least eight dead.

Lila Paulou, Lisa Berdet and Anne-Sophie Goninet

👋 নমস্কাৰ!*

Welcome to Friday, where Russia blames Ukraine for the deadly prison blast in Donetsk, the death toll rises in Kentucky historic floods, and Formula 1 champion Sebastian Vettel announces his final lap. We also look at recent NATO member Finland and its latest (bold) move to block tourists from neighboring Russia.

[*Nomoskar - Assamese, India]


This is our daily newsletter Worldcrunch Today, a rapid tour of the news of the day from the world's best journalism sources, regardless of language or geography.

It's easy (and free!) to sign up to receive it each day in your inbox: 👉 Sign up here


• Ukrainian prisoners killed in blast: The Russian army and pro-Moscow separatists accused the Ukrainian forces of shelling a pre-trial detention center in Olenivka, eastern Ukraine with HIMARS missiles, killing more than 50 prisoners and injuring 75 others. Kyiv has denied any responsibility and blames pro-Russian forces for the strike.

• U.S. economy shrinks: The U.S. economy had a second quarter of negative growth with gross domestic product that fell by 0.9% on an annualized basis. This raises fears that the U.S. could enter a period of economic recession.

• Kentucky flooding: Death toll rises in historic floods hitting eastern Kentucky as at least eight people died. Parts of Western Virginia and southern West Virginia are also facing major floods.

• Venezuela-Colombia diplomatic ties: Venezuelan and Colombian authorities announced that the two countries will re-establish a diplomatic relationship and will appoint new ambassadors as of Aug.7, when Colombia’s new leftist President-elect Gustavo Petro takes office.

• Protests in Guinea capital: Violence broke out between young demonstrators and the police in several areas of Conakry, Guinea’s capital as protests intensify against the country’s military government. The capital was brought to a standstill and there was at least one unconfirmed report of a death.

• Giant video screen falls during Hong Kong concert: A giant led screen fell onto the stage during the concert by boyband Mirror in Hong Kong, leaving at least two dancers injured. An investigation is under way and the music group has been banned from performing until further notice.

• Sebastian Vettel retires from F1, cites environment: Four-time Formula 1 world champion Sebastian Vettel announced that he will retire from F1 after the 2022 season. The German Aston Martin driver added that the climate crisis has influenced his decision.


Peruvian daily Perú 21 reports on the anti-government protests organized in Lima, Peru’s capital city on July 28, a day that marked both the country’s Independence Day and the first anniversary of President Pedro Castillo’s mandate. The leader, who has survived two impeachment attempts in just one year, is facing mounting corruption allegations and a grim approval rating, amid deepening economic and political strife.


$16.3 billion

Scientists have assessed that out of all the invasive species across the world, two in particular had caused more damage than the others. The American bullfrog and brown tree snake are responsible for $16.3 billion global damage since 1986, with severe impacts on the environment, farm crops and power outages. Brown tree snakes are particularly harmful in the Pacific Islands while European authorities are struggling to contain the spread of American bullfrogs. Scientists hope that their research will encourage more investment in blocking invasive species in the future.


Finland may ban tourist visas for Russians in new move by Nordic neighbor

Finland has recently joined Sweden in seeking NATO membership in response to Russia’s war in Ukraine. Now Finnish politicians say they also support blocking Russian tourists from coming across the 1,340-km-long border the two countries share. It would be a bold move.

⛔ For Russians, particularly the rising middle class in and around the city of Saint Petersburg, Finland has become a favorite travel destination. The capital Helsinki is only a three-and-half hour train ride away, the scenic Finnish lakeside town of Imatra sits across the border from Svetogorsk and Russian skiers flock to Lapland mountain resorts each winter. But this tourist traffic may be about to vanish as a growing number of Finnish politicians are calling for restrictions on visas, a move that would broaden the scope of the sanctions against Russia to target ordinary people in addition to state enterprises, public officials and Oligarchs.

🇫🇮🇳🇴 On Monday a majority of political parties in Finland stated that they would be in favor of putting a temporary freeze on tourist visas for Russians. This would align Finland with Estonia, Lithuania and Latvia, which have already stopped processing tourist visas. It would also bring Finnish policy closer to that of Norway, another Nordic country sharing a land border with Russia, which tightened its visa regulations for Russian tourists in June.

💸 For Finland, suspending tourist visas would be a bold move, with significant economic consequences: before the COVID-19 pandemic, Russians made up the biggest source of tourism in the country. Since Finland lifted some of the travel restrictions brought on by the pandemic, Russian eagerness to visit their Western neighbor has picked up quickly, with 10,520 visas granted for Russian tourists in the first three weeks of July this year, according to the Finnish Ministry for Foreign Affairs.

➡️ Read more on Worldcrunch.com


Whoever plays with fire will get burned.

— During a phone call to Joe Biden, China’s leader Xi Jinping repeated a warning he has used in past calls with the U.S. president, amid tense discussions over Taiwan. U.S. House Speaker Nancy Pelosi’s potential visit to the island next month has triggered threats from Beijing, which says the trip would be a violation of the U.S. “One China” policy. Pelosi has so far refused to confirm her travel schedule, over security concerns.

✍️ Newsletter by Lila Paulou, Lisa Berdet and Anne-Sophie Goninet

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How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Photo of a hand holding a phone displaying an Union Pay logo, with a Mastercard VISA logo in the background of the photo.

Mastercard has just been granted a bank card clearing license in China.

Liu Qianshan


It appears that one of the biggest beneficiaries from Chinese President Xi Jinping's visit to San Francisco was Mastercard.

The U.S. credit card giant has since secured eagerly anticipated approval to expand in China's massive financial sector, having finally obtained long sought approval from China's central bank and financial regulatory authorities to initiate a bank card business in China through its joint venture with its new Chinese partner.

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Through a joint venture in China between Mastercard and China's NetsUnion Clearing Corporation, dubbed Mastercard NUCC, it has officially entered mainland China as an RMB currency clearing organization. It's only the second foreign business of its kind to do so following American Express in 2020.

The Wall Street Journal has reported that the development is linked to Chinese President Xi Jinping's meeting on Nov. 15 with U.S. President Joe Biden in San Francisco, part of a two-day visit that also included dinner that Xi had with U.S. business executives.

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