Palestinians run away from a sound bomb during clashes with Israeli security forces. Photo: Mahmoud Illean / AP

Palestinians are in their third day of protests against President Trump's announcement that the U.S. would recognize Jerusalem as the capital of Israel, with violent clashes reported.

Why it matters: According to PBS, four people have been killed since protests started — two Hamas members killed in what Israel said was a retaliatory airstrike, and two Palestinians shot dead during clashes near the Gaza border. Hundreds have been injured.

  • The adviser for Palestinian President Mahmoud Abbas said Abbas would not meet with Vice President Mike Pence during his trip to the Middle East this month; he said "America has crossed all red lines."
  • This isn't contained to just Israel - the anger spread around the world to other Muslim-majority nations, the BBC reports.
  • Per BBC, the United States was "isolated" at the UN Security Council meeting on Friday, as the 14 other members condemened the United States' decision.

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Dion Rabouin, author of Markets
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Investors are betting the future is priced in euros

Illustration: Aïda Amer/Axios

It's the euro's time now — at least that's how investors have been positioning recently.

What's happening: Speculators have raised their bets to the highest in nine years that the dollar will fall and increased bullish bets that the euro will rise to the highest level on record, Reuters reported citing data from the CFTC.

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Illustration: Annelise Capossela/Axios

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  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten and Pac 12 scrap fall footballMLB salaries at 37%
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Mike Allen, author of AM
2 hours ago - Politics & Policy

3 keys to Joe Biden picking Kamala Harris

Photo: Jeff Kowalsky/AFP via Getty Images

Three quick points about Joe Biden's historic selection of Sen. Kamala (pronounced COMMA-luh) Harris of California as his running mate — and clues they give us to how Biden would govern:

  1. She was always at the top of his list. As I look back through my text threads with top Dems over the past five months, she was always assumed to be the most likely pick.