US producer prices rise 2.6% annually with slight 0.1% monthly increase in May
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
At least seven people were killed and major roads submerged after relentless overnight rains triggered severe flooding in Somalia’s capital, Mogadishu, officials said Saturday.
The downpour overwhelmed the city’s drainage system, collapsing homes and stranding residents in waist-high water for hours.
Abdinasir Hirsi Idle, spokesperson for the regional administration, told the Associated Press that rescue efforts were ongoing and warned the death toll could rise. “The rains were heavy and lasted for several hours, causing nine houses to collapse across different neighborhoods, and at least six major roads to suffer severe damage,” he said.
The floodwaters also disrupted transportation, damaged infrastructure, and briefly halted operations at Mogadishu’s Aden Abdulle International Airport, though flights later resumed. Authorities said more than 115mm of rain fell in just over eight hours, with the Ministry of Energy and Water warning of possible flash floods in other regions.
The Somali Disaster Management Agency is still assessing the full extent of the damage. Somalia frequently experiences extreme climate shocks, alternating between droughts and devastating floods.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
Mexican President Claudia Sheinbaum has openly expressed her opposition to labeling migrant workers as criminals during a high-level meeting with U.S. Deputy Secretary of State Christopher Landau.
Tensions between the U.S., Israel, and Iran are nearing a critical point as President Trump warns that an Israeli strike on Iran "could very well happen," while still expressing hopes for a peaceful resolution over Tehran’s nuclear ambitions.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
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