1. South Korea’s COVID-19 Vaccine Promotion Group: as of 02:30 in the afternoon, the number of people who received the first dose of COVID-19 vaccine in South Korea exceeded 13 million, accounting for about 25.3% of the total population. 

2. CNN: 72 percent of the western United States is experiencing severe drought, of which 26 percent are in a state of extreme drought, the worst drought crisis experienced in the western United States in 1200 years. About 2 million people living in California, Nevada and Arizona will be affected by the drought. 

3. South Korea’s State Council deliberated and passed the Johora Act on the 15th, which will be submitted to the National Assembly for deliberation on the 17th. According to the Hola Act, parents will lose the right to inherit property if they abandon their adopted children. South Korean singer Woo Hora died at home in 2019 at the age of 29. Unexpectedly, the biological mother, who had run away from home for more than 20 years, suddenly appeared to fight for half of Holla’s inheritance, which angered public opinion. Subsequently, Ju Hora’s brother petitioned to establish the “Ju Hora Act” to prevent parents who abandoned their children from inheriting property.

 4. The Federal Reserve FOMC announced that it would adjust the interest rate on excess reserves ((IOER)) from 0.1% to 0.15%. It will continue to increase its holdings of at least $80 billion of treasury bonds and at least $40 billion of mortgage-backed securities each month until substantial progress is made in the committee’s goal of full employment and price stability. The Fed bitmap shows that seven officials expect to raise interest rates by the end of 2022 (four were forecast in March).

5. The Ministry of Health of Thailand: the study found that the COVID-19 mutant virus first found in India spreads at least 40% faster than the mutant virus first found in the UK. Although the current transmission in Thailand is mainly the first reported mutant virus in the UK, it is expected that the former will replace the latter to spread across the country in the next 2-3 months.

6. South Korea’s Arirang TV station: with the increasing regulatory pressure, South Korea’s digital assets exchange has begun to stop trading some cryptocurrencies that are considered too risky for investors. Of the 20 exchanges that have obtained security management system certificates, 11 have stopped trading in certain currencies or issued warnings. South Korea halted trading in hot currency tokens, and Coinbit stopped trading in eight encrypted currencies and added 28 encrypted currencies to the warning list.

7. European Association of Automobile suppliers: semiconductor shortages have delayed production of 500000 vehicles worldwide and are likely to continue to drag automakers until 2022. Some EU carmakers will have to cut production and may not be able to rebuild their inventories by the end of this year or early 2022. 

8. The heat wave hit California this week, and the hot weather will last until Friday. The meteorological department predicts that most parts of California will experience weather above 32 degrees Celsius, with temperatures as high as 40 degrees Celsius in some areas. In response to possible power shortages, California Grid called on residents to save electricity for five hours. 

9. The World Bank: due to environmental and transparency deficiencies, it will not be able to help El Salvador achieve its plan to use Bitcoin as legal tender. Earlier, El Salvador’s finance minister said the country had sought technical assistance from the World Bank to implement its decision to use Bitcoin as the official currency in parallel with the dollar. 

10. On June 16, Putin and Biden exchanged gifts at the summit between the heads of state of Russia and the United States. Putin presented Biden with a set of traditional Russian-style office supplies, while Biden presented Putin with a pair of customized pilot sunglasses and crystal sculpture in the shape of American bison. It is reported that the summit lasted about 3 hours, which is shorter than the previously announced plan. Putin and Biden both praised the results of the meeting.

11. On June 16, Putin and Biden exchanged gifts at the summit between the heads of state of Russia and the United States. Putin presented Biden with a set of traditional Russian-style office supplies, while Biden presented Putin with a pair of customized pilot sunglasses and crystal sculpture in the shape of American bison. It is reported that the summit lasted about 3 hours, which is shorter than the previously announced plan. Putin and Biden both praised the results of the meeting.