Good morning, here’s your Thursday morning briefing to set you up for the day ahead. Look out for these three things happening around the world today.
Trump’s child separation deadline
The Trump Administration must today “appropriately discharge” more than 1,500 children who were forcibly separated from their parents as part of the controversial family separation policy.
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A part of Trump’s zero-tolerance policy on illegal immigration, some 2,600 children up to the age of 17 were taken from their parents that illegally crossed the border into the United States. Some reports suggested that those that children were also removed from those that had legally presented themselves for asylum.
However, a judge had since ruled that the administration must reunite all of the children with their families, or an appropriate adult, within 30 days.
The first deadline for those aged under five saw 58 minors discharged on 10 July. However, the government had stated that as many as 900 children may not be released by the end of the day, either because they cannot locate the child’s parents, or they remain in criminal custody.
Amazon to announce Q2 results
Retail giant Amazon will announce its earnings from the second quarter of 2018 today, as it continues to dominate the online shopping industry.
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By GlobalDataAmazon reported earnings of $3.27 per share in Q1, which was a 121% increase year-over-year. Analysts have predicted a similar increase for the company across the board in Q2, with positive results across the board, from its retail operations, to advertising and cloud services.
Amazon shares have increased by close to 20% in the last three months, as it races with Microsoft to become the first company valued at $1tn. The retailer’s market cap currently stands at $893.4bn, with Microsoft sitting at $814bn. Strong results today could help to push it closer to its goal.
A conference call is scheduled to take place today at 10.30pm London time.
Europe fries in hottest day yet
Temperatures in Europe have been rising throughout the week, with temperatures hitting 30°C across much of the continent.
Wildfires in Greece and Sweden have already cost the lived of many, but the intense heat is unlikely to relent any time soon.
Temperatures will peak across much of Europe today. London will see temperatures reach highs of 33°C. So too will parts of France, Spain and Belgium. Berlin and Amsterdam will see highs of 34°C throughout the day. Highs of up to 35°C have been predicted in some cities.
The rising temperatures are expected to lead to further wildfire outbreaks today, while disruption to travel is also likely across some parts of the continent.
Yesterday’s highlights
Amazon vs Apple: Who will become the first trillion dollar company?
