IATA urges Pakistan, Bangladesh to release blocked airline funds

• Pakistan and Bangladesh collectively owe $731 million in blocked airline funds
• Boeing, Airbus, face scrutiny over safety and manufacturing standards

More than half of Gaza structures destroyed or damaged: UN

• The analysis showed more than 137,000 buildings affected, UNOSAT, the United Nations satellite analysis agency, said on X.
• Within Deir Al-Balah, the Nuseirat municipality suffered the greatest number of newly damaged structures during that period, at 1,216, UNOSAT said.

Oil prices fall as OPEC+ plans to unwind output cuts later this year

• European natural gas prices meanwhile jumped more than 10 percent after the closure of a pipeline linking key producer Norway with Britain.
• Stock markets, meanwhile, mostly rose on renewed hopes for US interest-rate cuts. Among stock markets, European indexes were broadly higher and Wall Street saw gains at the open.

Airlines expect over $30 bn in profits and passengers to hit nearly five billion in 2024: IATA

• Total revenues expected to reach $996 billion in 2024, countered by total expenses estimated at $936 billion
• Airlines may not replace pilots with AI but the new tech is already revolutionizing the business

Trump warns jail time could be ‘breaking point’ for supporters

• The warning will resonate in a country already concerned about the prospect of civil unrest and political harassment in the run-up to the November election
• Trump will now be running as a felon, and he has repeatedly refused to commit to accepting the result should he lose to President Joe Biden

12 pro-regime fighters killed in Israeli strike near Syria’s Aleppo: NGO

• Israel has carried out hundreds of strikes on its northern neighbour since the outbreak of Syria's civil war, mainly targeting army positions and Iran-backed fighters
• While it rarely comments on individual strikes in Syria, Israel has repeatedly said it will not allow its arch-enemy Iran to expand its presence there

Gaza mothers search for milk as malnutrition hits amid Israeli siege on aid

• At least 32 people, many of them children, have died of malnutrition in Gaza since the war broke out on October 7 following an unprecedented attack by Hamas on Israel.
• On Saturday, the World Health Organization said that more than four in five children had gone a whole day without eating at least once in 72 hours.

Saudi Aramco begins second share offering, may fetch $12bn

• Meetings with institutional investors were set to run through Thursday while about 10 percent of the shares would be offered to retail investors from Monday.
• It is the firm's second listing after an initial public offering in December 2019 that raised $25.6 billion, the biggest flotation in history.

Kuwait emir names former PM as new crown prince

Gaza mediators urge Israel, Hamas to accept truce plan

• Fighting has raged in the besieged Gaza Strip since Biden said Israel was offering a new roadmap towards a full ceasefire
• But Israeli Prime Minister Benjamin Netanyahu has since insisted his country would pursue the war until it had achieved all its aims