Jul 13, 2018

Russia: Mueller indictments are attempt to "spoil" Trump-Putin summit

Photo: Mikhail Svetlov/Getty Images

Moscow has called the indictment of 12 Russian military intelligence officers for hacking the 2016 U.S. elections "bogus" and an attempt to "spoil" the meeting scheduled between Presidents Trump and Putin Monday.

“It is regrettable that the duplication of false information in Washington has become the norm, and criminal cases are worked up for obvious political reasons. The question remains: how long will they continue to break this shameful comedy that disgraces the US?”
— Russian foreign ministry statement, obtained by CNN

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Trump lashes out at governors, urges them to "dominate" protesters

President Trump berated the nation’s governors in a video teleconference call Monday, calling many of them "weak" and demanding tougher crackdowns on the protests that erupted throughout the country following the killing of George Floyd, according t multiple reports.

The big picture: Trump blamed violence on the "the radical left" and told the governors, who were joined by law enforcement and national security officials, that they have to "dominate" protesters and "arrest people" in order to bring an end to the unrest.

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Putin sets referendum that could allow him to rule until 2036 for July 1

Putin has not seemed to enjoy governing by video conference. Photo: Alexey Nikolsky/Sputnik/AFP via Getty Images

Russian President Vladimir Putin has set July 1 as the new date for a constitutional referendum that could allow him to remain in power through 2036.

Why it matters: Putin was forced to delay the referendum from April due to the coronavirus pandemic, and has set the date despite Russia's continued struggles to contain its outbreak. Putin's popularity has fallen in recent weeks amid his response to the pandemic and its economic repercussions.

A busy week for IPOs despite upheaval from protests and pandemic

Illustration: Eniola Odetunde/Axios

This week is expected to be the busiest for U.S. IPOs since February, with Warner Music leading a group of four companies that could raise over $3 billion.

Why it matters: This shouldn't be happening, under any traditional rubric for how markets work.