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Bill Gates says he plans to donate almost all of his fortune to the Gates Foundation and leave the list of the world’s richest people

"I am very proud of the foundation’s role in helping solve big problems like preventing pandemics, reducing childhood deaths, eradicating diseases, improving food security and climate adaptation, achieving gender equality, and improving educational outcomes... As I look to the future, I plan to give virtually all of my wealth to the foundation. I will move down and eventually off of the list of the world’s richest people," Gates said.

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🫠Biden says he will keep alive the truth and "honor of the Holocaust," which "we must do every, every day"...

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Sputnik International
Sunak & Mordaunt reportedly get enough votes to move to 2nd round of Tory leadership race
Six candidates make it to the 2nd round of race to replace UK PM Johnson:

Rishi Sunak
Penny Mordaunt
Tom Tugendhat
Liz Truss
Suella Braverman
Kemi Badenoch

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Biden is expected to meet Mahmoud Abbas, the Palestinian Authority president, in the West Bank and "reiterate his strong support for a two-state solution." But ahead of the visit, the US has a number of unresolved issues in the region

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Sputnik International
Grain talks in Istanbul come to an end, Sputnik correspondent reports
UN Secretary General will make a statement at 19.00 GMT on the Istanbul talks on the "grain issue"
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Sputnik International
North Korea recognizes Lugansk People's Republic
Ukraine cuts ties with North Korea over recognition of Donbass Republics
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📹Interview with Italian journalist Giorgio Bianchi, who has been working in Donbass for 8 years and tried to work in Ukraine, but was rejected. Bianchi speaks about:

Nazism in Ukraine;
how NATO advances its interests in the region;
Ukraine's ban on the Russian language and ethnic cleansing;
how Europe is suffering from sanctions on Russia;
censorship in European media

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The US Air Force has successfully tested a hypersonic missile that is being developed by defense contractor Lockheed Martin - reports
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Sputnik International
UN Secretary General will make a statement at 19.00 GMT on the Istanbul talks on the "grain issue"
An agreement to establish a coordinating center in Istanbul has been reached at a meeting on the "grain issue". Next week, the delegations of Russia and Ukraine will meet again - Turkish Foreign Ministry
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💬NATO is focused on helping Ukraine with weapons, not on its accession to the alliance, Secretary General Jens Stoltenberg says
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📹LA Olympic medalist attacked with metal pipe

Kim Glass, a retired Olympic volleyball player, was attacked in downtown Los Angeles by a man who threw a metal pipe at her face. A bystander restrained the attacker, but Glass now has serious injuries to her eye, nose, and cheek

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Sputnik International
The US Air Force has successfully tested a hypersonic missile that is being developed by defense contractor Lockheed Martin - reports
The US Air Force has confirmed that it has successfully tested a Lockheed Martin hypersonic missile

"The Air Force conducted another successful hypersonic test off the Southern California coast on July 12, 2022. The Air-Launched Rapid Response Weapon Booster Test Flight (BTF) -3 was the twelfth flight for the program and third release demonstration. The AGM-183A weapon system reached hypersonic speeds and primary and secondary objectives were met," the statement said.
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🇬🇧UK watchdog bans saucy dating site ads for 'lonely Ukrainian women'

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📈 Annual inflation in the United States grew to 9.1%, the highest in 40 years

US inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively - trends that raise the risk of a recession.

The government’s consumer price index soared 9.1% over the past year, the biggest yearly increase since 1981, with nearly half of the increase due to higher energy costs.

Many economists worry that the Fed’s drive to quell inflation will cause it to tighten credit too aggressively even while the economy, by some measures, is slowing. Much higher borrowing costs could trigger a recession, potentially by next year.

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🎞 Netflix is partnering with Microsoft for its new ad-supported tier

Netflix is partnering with Microsoft for its upcoming ad-supported streaming tier, the company announced Wednesday. The streaming service says Microsoft will become its “global advertising technology and sales partner” upon rolling out the cheaper option.

“It’s very early days and we have much to work through,” Netflix COO Greg Peters writes in the post. “But our long term goal is clear. More choice for consumers and a premium, better-than-linear TV brand experience for advertisers. We’re excited to work with Microsoft as we bring this new service to life.”

Netflix first hinted at a cheaper, ad-supported tier in May and later confirmed the possibility last month. Although Netflix hasn’t announced an official date for the tier’s rollout, it’s rumored to become available to customers by the end of 2022.

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🚨 Bodies of missing man, 3 kids found in Indianapolis pond

The bodies of a man and his three young children who vanished last week after leaving for a fishing trip were found along with a submerged car in the pond where they were headed, authorities said Wednesday.

The bodies discovered Tuesday night are those of Kyle Moorman, 27, of Indianapolis, and his children: 1-year-old Kyran Holland, 2-year-old Kyannah Holland and 5-year-old Kyle Moorman II, the Marion County Coroner’s Office confirmed.

The Indianapolis Metropolitan Police Department first revealed that the family had disappeared on Sunday. Earlier this week, police said officers searched the area and other locations on foot and using drones. The causes and manners of their deaths were pending.

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