From: bruce2bowser@gmail.com   
      
   On Sunday, June 11, 2023 at 12:06:46 PM UTC-4 The Wall Street Journal wrote   
   in permrec:    
   Catch up on the headlines, understand the news and make better decisions.    
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   The Wall Street Journal.    
   What's News    
      
   Good afternoon. Here’s what you should know today, June 11:    
   Trump will appear in court Tuesday as his legal woes pile up    
   The Fed makes its next rate decision Wednesday    
   A bellwether climate case goes to trial this week    
      
   What to Watch    
      
   Alex Soros. CHRISTOPHER LEE FOR THE WALL STREET JOURNAL    
   1. George Soros's son is taking the helm of a $25 billion philanthropic   
   enterprise.    
   In his first interview as successor, Alex Soros said that he was broadening   
   his father’s liberal aims while embracing some different causes. Those   
   include voting and abortion rights, as well as gender equity. He plans to   
   continue using the family’s    
   deep pockets to back left-leaning U.S. politicians. “I’m more   
   political,” said Alex, a self-described center-left thinker who grew up   
   self-conscious of the family’s wealth and wasn’t thought to be a potential   
   successor.    
      
   2. Donald Trump will appear in court Tuesday amid a flurry of probes.    
   The proceedings at a federal courthouse in Miami are expected to be the start   
   of a prolonged series of legal engagements for Trump that could extend to, and   
   beyond, the 2024 presidential election in which he is seeking to be the   
   Republican nominee to    
   face the presumptive Democratic candidate, President Biden. Law-enforcement   
   officials are bracing for the possibility of unrest after demonstrators both   
   supporting and opposing the former president made plans to rally around the   
   courthouse.    
      
   Trump Faces 2024 Split Screen of Campaign and Criminal Trials (Read)    
      
   Trump, DeSantis Bring Tailored Messages to GOP Faithful After Indictment of   
   Former President (Read)    
      
   The Federal Case Against Trump on the Mar-a-Lago Documents (Read)    
      
   3. ETF flows show investors shying away from risk.    
   Money typically chases performance in the $7 trillion exchange-traded fund   
   market. This year, it is sitting on the sidelines. Cash inflows to ETFs are   
   running at their slowest pace since 2019, when the market was significantly   
   smaller. With interest    
   rates at a 15-year high and the Federal Reserve’s path ahead uncertain,   
   investors have been favoring bonds and defensive equity strategies focused on   
   less-volatile stocks. They will next hear from the Fed on Wednesday, when it   
   makes its latest interest-   
   rate call, a day after the release of closely watched inflation data. The   
   European Central Bank will announce its rate decision on Thursday.    
      
   How Are Stablecoins Faring? These Charts Will Tell You (Read)    
      
   Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall Street (Read)    
      
   4. Ukraine is pressing on with its counteroffensive after some early setbacks.    
   After months on the defensive, Ukrainian forces last week significantly   
   stepped up their attacks in a bid to break through Russian lines. But the   
   first assaults were costly. Kyiv's push is likely to unfold over weeks and   
   months, with Ukraine launching    
   multiple smaller probing attacks as it seeks to expose weaknesses in   
   Russia’s defenses. Meanwhile, the North Atlantic Treaty Organization and its   
   allies will launch the largest-ever air-force wargames in the alliance’s   
   history this week, in a show of    
   strength to deter Russian aggression in Europe.    
      
   How the U.S. Patriot Missile Became a Hero of Ukraine War (Read)    
      
   As Bakhmut Collapsed Around Them, This Family Clung On (Read)    
      
   Bakhmut Before the War (Photos)    
      
   5. A climate trial in Montana could set an important precedent.    
   Brought by more than a dozen residents who were between 2 and 18 years old   
   when it was filed in March 2020, the case is among a wave of similar suits   
   brought by youth across the country who argue that future generations will   
   bear the consequences of a    
   warming planet. The plaintiffs argue that the state's reliance on fossil fuels   
   and their production violates the right to “a clean and healthful   
   environment." The trial, set to kick off Monday, could be a bellwether for   
   future climate litigation.    
      
   6. The French Open is drawing to a close today.    
   Iga Swiatek, the 22-year-old women’s tennis world No. 1 from Poland, took   
   the 2023 French Open women’s singles title at Roland-Garros Saturday,   
   defeating Karolina Muchova in what became a captivating three-set roller   
   coaster. At the time this    
   newsletter was sent, Novak Djokovic was playing against Casper Rudd in the   
   men's singles final for the chance to win his 23rd major title.    
      
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   The Numbers    
   37%    
   The percentage of teens working or seeking a job. Swim instructors, ice-cream   
   scoopers and camp counselors are among this summer’s most sought-after   
   workers. Office interns? Not so much. Job postings for summer internships were   
   down 14.7% on May 19    
   from a year earlier, according to Indeed.com.    
      
   60 cents    
   Cost per gallon of propane this past week at the trading hub in Mont Belvieu,   
   Texas, where benchmark prices are determined for futures traders and   
   exporters. Propane prices haven’t started summer this low since the Covid-19   
   lockdown three years ago.    
   Fire up the grill.    
      
      
   ‏‏‎1,000 Words    
      
   Family members of a teenager who went missing in a train crash in India wait   
   outside a hospital. PHOTO: Ishan Tankha for The Wall Street Journal    
   Racing to find their son after India’s train crash, a couple faces   
   decomposing bodies and competing claims.    
      
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