Every sensible person finds a newspaper in the morning to learn about the world's latest news;

or them, we selected the top five latest international news in one news blog. Today is 8 august,2022;

Our listed news is given below with sort and summarized for easy reading:
 

• Human rights groups criticized some Ukrainian war actions. Experts say they should be taken seriously.
   
• Chinese and Taiwanese Warships Eye Each Other Amid Military Exercise; Taiwan Prez Appeals for Int'l Support
   
• The market read the Federal Reserve all wrong.
   
• UK’s government investment fund largely backed ‘zombie businesses'
   
• China seeks urgent meetings as Sri Lanka defers docking of the high-tech vessel.
   

1. Human rights groups criticized some Ukrainian war actions. Experts say they should be taken seriously
 

Ukraine's Prosecutor General's Office claims to be investigating more than 26,000 alleged Russian war crimes. It's unclear to what extent Ukraine is probing any actions of its armed forces. Amnesty International has apologized for its report's "distress and anger" caused.

Experts say Ukraine should press charges against its military and other armed factions. This will prevent giving Moscow fodder to justify its bloody invasion.

Russia and Ukraine are signatories to treaties that enshrine human rights in armed conflict. The Geneva Conventions of 1949 establish standards for the humane treatment of civilians.

2. Chinese and Taiwanese Warships Eye Each Other Amid Military Exercise; Taiwan Prez Appeals for Int'l Support
 

Some ten warships from China and Taiwan sailed at close quarters in the Taiwan Strait. Some Chinese vessels crossed the median line, an unofficial buffer separating the two sides. The exercises were launched in reaction to a visit to Taiwan by U.S. House Speaker Nancy Pelosi.

Taiwan says it detected multiple Chinese aircraft and naval vessels taking part in military drills around the Taiwan Strait. The exercises are in retaliation for US House Speaker Nancy Pelosi's high-stakes visit to Taipei. China's Foreign Minister Wang Yi played down reports of an invasion of Taiwan.

3. The market read the Federal Reserve all wrong
 

The Federal Reserve appears to be turning slightly dovish. The S&P 500 had its best month since November 2020 in July. Mortgage rates fell below 5% for the first time since mid-April. Fed officials are talking tough again, trying to set the record straight.

Job openings fell in June, but jobs kept growing in July. The central bank wants to see some weakening in the job market. With too many open roles, wages rise quickly, worsening economic-wide inflation.

The next big data release is the Consumer Price Index, which measures inflation. Economists expect to learn that prices rose 8.7% in the year to July, down slightly from June. But excluding volatile food and energy prices, inflation may have inched higher.

4. UK’s government investment fund largely backed ‘zombie businesses'
 

Future Fund invested in 1,190 early-stage companies at the height of the coronavirus pandemic. UK government's Covid-19 venture capital fund primarily invested in what one director called "zombie businesses".

The portfolio was left with "a significant tail of dormant companies", documents show. The government did no commercial due diligence but relied on co-investors judgment.

The BBB highlighted data published by Horsley Bridge, a private equity investor. More than 60% of returns came from just 6% of investments in early-stage firms. Future Fund backed a jazz-streaming service, cannabis products company and hedonistic party planner.

Funding took the form of a three-year convertible loan debt the government may convert into equity. So far, BBB loans to 400 companies have been converted into shares.

5. China seeks urgent meetings as Sri Lanka defers docking of the high-tech vessel
 

China's embassy has sought an urgent meeting with senior Sri Lankan authorities. Colombo sought a postponement of the planned docking of a high-tech Chinese research vessel at the strategic Hambantota port.

Sri Lanka's Foreign Ministry has requested the docking of a Chinese naval vessel in Hambantota be deferred. The Chinese embassy in Colombo has sought an urgent meeting with Sri Lankan authorities to discuss the issue.

Some local media reports say President Ranil Wickremesinghe held a closed-door meeting with China's ambassador. Media reports say that India has informed Sri Lanka that the docking of a Chinese research vessel could threaten its national security.

But the President's Office denied media reports over a meeting between India and Sri Lanka's President Mahinda Rajapaksa in July. Sri Lanka received strong messages of protests from India as the ship was said to be able to track satellites and intercontinental ballistic missiles.
 

New Delhi is concerned about the possibility of the ship's monitoring systems attempting to snoop on Indian installations while on their way to the Sri Lankan port.

India has been at the forefront of extending economic assistance of nearly $4 billion to Sri Lanka. Debt restructuring of Chinese loans would be critical to the island's success in the ongoing talks with the International Monetary Fund for a bailout. China is the main creditor of Sri Lanka with investment in infrastructure.

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