$160 Billion Exits UK, France Debt Crisis Warning, US Bombers Leave Britain

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The exodus of the uber-rich from the UK has become a £160 billion problem. That figure, calculated using data from the Bloomberg Billionaires Index, lays out for the first time the vast amounts of money and assets behind those quitting Britain.

(2) France’s government now pays more than Italy or Greece to borrow for 10-years, according to Yardeni Research.

(3) The Pentagon has removed bombers based at the Royal Air Force base in the UK that was at the center of a suspected attempted terrorist attack last week.

(4) Yemen’s internationally recognized government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia.

(5) The UK is preparing to impose import levies on Chinese electric vehicles to meet a key demand from the European Union, the Times of London reported, in a blow to a group that now accounts for nearly one in four cars sold in the country.

(6) Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the overwhelming favorite to win the runoff and take Latin America’s heavyweight nation sharply to the right.

(7) Green party leader Zack Polanski has been banned from Israel after his party adopted a motion equating Zionism with Racism.

(8) Slovakia's government of Róbert Fico plans to pass a law that may invalidate witness testimony in a landmark corruption trial.

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