Hello! Here’s what you need to know on Monday.
1. Islamic State took responsibility for a bombing over the weekend that killed at least 120 people in the Baghdad neighbourhood
of Karrada. A refrigerator truck filled with explosives blew up in a busy shopping area as Iraqis celebrated Ramadan.
2. British finance minister George Osborne plans to slash corporation tax to under 15% to encourage businesses to still invest in the UK after the vote to leave the European Union, according to the Financial Times. “We must focus on the horizon and the journey ahead and make the most of the hand we’ve been dealt,” Osborne told the newspaper.
3. Australia’s federal election was too close to call, leaving
Prime Minister Malcolm Turnbull’s centre-right Liberal Party-led coalition without the 76 seats needed to form a majority government. The key independents won a greater share of the vote than expected.
On July 4, NASA’s un-crewed Juno spacecraft will attempt to lock into orbit around Jupiter after a nearly five-year journey through space
. The aim of the $1.13 billion mission is to study Jupiter’s powerful gravitational and magnetic fields, however, if something goes wrong, the spacecraft will shoot past Jupiter into deep space with no chance of return.
5. Donald Trump is breaking completely with decades of Republican orthodoxy on the issue of America’s free-trade agreements. Trump called for pulling out of the North American Free Trade Agreement and for Congress to refuse to ratify the landmark Trans-Pacific Partnership.
6. A teenager lost his foot after he appeared to step on something that exploded in New York City’s Central Park. The cause of the blast is still under investigation.
8. Credit Suisse Chief Executive Tidjane Thiam said Britain’s vote to leave the European Union was the product of “a chronic lack of investment in education.” “Something must be done at the national level so there aren’t so many people left behind that the result of a national, democratic vote gives a result which is bad for the country in the medium term,” Thiam said at a business conference in France.
8. The father of the 2-year-old boy killed by an alligator at the Walt Disney World Resort in Florida says he was attacked by a second alligator as he fought to save his son. Matt Graves emailed details about last month’s attack to a Florida fire department.
9. Iceland lost to to France in the Euro 2016 quarterfinal football match. Iceland, which was playing in its first-ever international tournament, progressed much further than expected.
10. Tesla missed its delivery target again. The automaker said it delivered 14,370 cars in the second quarter of 2016, short of the 17,000 cars the company expected to sell.
And finally …