Reuters Daily Briefing

"Swiss women win landmark climate case."

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Daily Briefing

The European Court of Human Rights rules in favor of a group of elderly Swiss women, Turkey imposes export restrictions on Israel until a Gaza ceasefire, and Joe Biden will likely discuss a Texas bullet train project with Fumio Kishida.   Plus, the total solar eclipse in pictures.   By Edson Caldas

Today's Top News

Members of Senior Women for Climate Protection react to the verdict in Strasbourg. REUTERS/Christian Hartmann

ENVIRONMENT The European Court of Human Rights ruled in favor of elderly Swiss women who had argued that their government's inadequate efforts to combat climate change put them at risk. The court, however, threw out two other similar cases - one brought by six Portuguese youths, another by a former French mayor. The world just experienced its warmest March, capping a 10-month streak in which every month set a new temperature record, the EU's climate change monitoring service said. The 12 months ending with March also ranked as the planet's hottest ever recorded 12-month period. UNITED STATES President Joe Biden is seeking to revive interest in a plan to build the first high-speed rail in the US using Japanese bullet trains, with sources saying he is likely to discuss it with Japan's prime minister in Washington. The leaders may publicly voice support for the multi-billion-dollar project after their talks this week. Manhattan prosecutors started and stopped the investigation that culminated in Donald Trump's upcoming criminal trial so many times that it came to be known as a "zombie case." The first-ever criminal trial of a former U.S. president is set to begin on April 15. IN OTHER NEWS Turkey will restrict exports of a wide range of products to Israel, including steel and jet fuel, until a ceasefire is declared in Gaza, the Turkish Trade Ministry said, in Ankara's first significant measure against Israel. Meanwhile, Hamas said that an Israeli proposal on a ceasefire was under review. European countries with maritime borders on the North Sea pledged to work together to protect underwater infrastructure, including from possible Russian attacks. Belgium, Britain, Denmark, Germany, Norway and the Netherlands signed a joint declaration they said would allow them to share information. Ukraine's air defense systems destroyed 20 attack drones launched by Russia overnight. Russian forces launched Shahed drones in several waves, targeting critical infrastructure and power facilities, Ukrainian military and regional officials said. Follow the latest updates on the war.

Business & Markets

Futures traders have reduced bets on how much the Federal Reserve will cut rates this year to the lowest level since October. Investors are growing increasingly doubtful that policymakers will be able to lower borrowing costs without sparking an inflationary rebound in a strong economy. The airline industry is facing a summer squeeze, with demand expected to surpass pre-pandemic levels while aircraft deliveries drop. Separately, authorities face fresh pressure from families of the victims of two fatal Boeing 737 MAX crashes to criminally prosecute the company. Investors are bracing for a steep slowdown in luxury sales when companies report their first quarter results, reflecting lackluster Chinese demand. LVMH is first to report on April 16, followed by rivals Kering, Prada and Hermes a week later. Burberry and Richemont follow in May. HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, as it continues to shrink its once globe-spanning empire to focus on Asia. The British bank is selling the business to Argentina's fifth largest bank Grupo Financiero Galicia for $550 million.

In Pictures

The total solar eclipse as seen from Illinois. REUTERS/Evelyn Hockstein

Throngs of skywatchers across North America gazed upward at a blackened sun in the midday dusk, celebrating with cheers, music and matrimony the first total solar eclipse to darken the continent in seven years. Our photographer Evelyn Hockstein tells the Reuters World News podcast about the moment she captured it. See our photo gallery.

And Finally...

Comercio square in downtown Lisbon. Photo by Rafael Marchante

Bobbie Lloyd helped fuel the cupcake craze as longtime chief baking officer and now CEO of New York's Magnolia Bakery. But for culinary inspiration, Lloyd looks far beyond Magnolia's original location in Manhattan's West Village. One of her favorite spots to soak in sights, sounds and flavors: Lisbon. For Reuters’ 48 Hours series, Lloyd provides us with all the ingredients for an unforgettable trip to Portugal.

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