- Reuters
Indonesia's Mt Ibu erupts as agency warns local aviation authorities
A volcano on the remote Indonesian island of Halmahera erupted on Monday spewing a grey ash cloud six kms (four miles) into the sky, the country's volcanology agency said, adding it had issued a warning for aviation authorities managing local flights. This follows a series of eruptions this month after authorities noticed an uptick of volcanic activity since April, leading to evacuations of people from seven nearby villages. The agency also issued a "red" colour code warning to local aviation authorities on Monday, the highest of its kind due to ash exceeding six kms in height, its website stated.
- AFP
Old photo of New Zealand oil spill falsely shared as Huthi attack
Yemen's Huthi rebels have attacked vessels in the Red Sea with drones and missiles following the outbreak of the Gaza war. A photo of containers balanced precariously on a cargo ship that surfaced in posts about the strikes, however, is unrelated. The New Zealand navy published the picture in a Facebook post about a ship that ran aground in October 2011.
- The Wall Street Journal
EUR/USD Should Stay Below 1.09 as June ECB Rate Cut Looms
EUR/USD should stay below 1.09 as the European Central Bank looks highly likely to cut interest rates next week while prospects of a rate cut from the Federal Reserve in September are starting to dim, Swissquote said.
