Here\u2019s what you need to know to start your day.<\/b>
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Good morning. South Korea\u2019s ruling on military service, the saga of the missing Thai soccer team, and remembering an Aboriginal Australian woman. Here\u2019s what you need to know:
\u2022 President Trump\u2019s trade threats are taking their toll on China\u2019s economy.
The main Chinese stock market is down more than 20 percent since January, making it a bear market, and the currency is down more than 5 percent from its peak in February.
If investors didn\u2019t have enough to worry about: An internal government analysis that was widely circulated on social media this week said that \u201cin China there is currently a high probability of financial panic\u201d because of the looming trade dispute.
The turmoil comes as the U. S. defense secretary, Jim Mattis, visited the region to shore up alliances. Mr. Mattis met with his counterpart in Seoul, South Korea, on Thursday, above, to reaffirm Washington\u2019s commitment to thwarting North Korea\u2019s nuclear ambitions.
And the White House said the first formal summit meeting between Mr. Trump and President Vladimir Putin of Russia is scheduled to take place in Helsinki, Finland, on July 16.
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\u2022 Australia passed its most significant counterintelligence overhaul since the 1970s .
The new legislation bans foreign interference in politics and criminalizes those who damage Australia\u2019s economic relations with another country. \u201cIt\u2019s a big deal,\u201d one expert said. \u201cIt modernizes our intelligence laws at a time when the government\u2019s saying that the spying threat is extremely high.\u201d
Australia is especially anxious about Chinese power. The new laws are similar to \u2014 but more far-reaching than \u2014 those passed in Britain and the U. S. after 9\/11.
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\u2022 South Korea\u2019s border with the North is one of the most heavily armed in the world. All eligible South Korean men are currently required to serve for 21 to 24 months in the military. (North Korean men typically serve for a decade.)
But in a landmark decision, South Korea\u2019s Constitutional Court ruled that the government must provide civilian forms of service to conscientious objectors. The South has prosecuted more young men for conscientious objection \u2014 almost all of them Jehovah\u2019s Witnesses \u2014 than any other country, with up to three years in prison for those who refuse to serve.
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\u2022 Thailand\u2019s search continues.
The saga of the missing youth soccer team grew more urgent and complex on its sixth day, as a rescue team considered drilling through a mountaintop to reach the flooded cave.
The search for the boys, ages 11 to 16, and their coach has captivated Thailand and drawn the attention of King Maha Vajiralongkorn. There was some hope: The governor of Chiang Rai Province said that the search operation was making good progress.
\u201cWe hope that we will find them soon,\u201d he said. \u201cI am not saying \u2018soon\u2019 as in days but rather \u2018soon\u2019 as in hours.\u201d
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\u2022 The announcement of Justice Anthony Kennedy\u2019s retirement delivered a powerful jolt to the U. S. at a fragile time.
The political war over replacing him was already started. Here\u2019s what we can expect in the coming months.
The Supreme Court this week also overturned Korematsu v. U. S., the 1944 ruling that upheld the internment of Japanese-Americans during World War II. For many survivors, including the actor George Takei, above, the decision felt like a hollow victory.
\u201cIt\u2019s an insult to people who spent their lives fighting,\u201d he said.
\u2022 Apple and Samsung settled a closely watched, seven-year legal battle over smartphone patents . \u201cAnd if I had to characterize it,\u201d one observer said, \u201cit didn\u2019t really accomplish anything.\u201d
\u2022 Amazon said it will buy PillPack, an online pharmacy, sending anxiety through the U. S. drug business. Shares of Walgreens and Rite Aid dropped more than 10 percent on the news, and CVS Health dropped 9 percent.
\u2022 \u201cL\u2019affaire Lafarge.\u201d The French cement giant Lafarge SA is under formal investigation over allegations that it financed terrorist groups, including the Islamic State, in Syria.
\u2022 Snapped up: Facebook bought Instagram for $1 billion in 2012. It\u2019s now been valued at 100 times that price.
\u2022 China put limits on movie stars\u2019 salaries in a bid to stop \u201cmoney worship\u201d and tax evasion in the entertainment industry.
\u2022 U. S. stocks were up. Here\u2019s a snapshot of global markets.
\u2022 In Mumbai, a chartered plane crashed into a construction site, killing all four people onboard and at least one pedestrian. [ The New York Times]
\u2022 Multiple gunshots were fired at a newspaper in Annapolis, Md. Check back for more updates. [ The New York Times]
\u2022 A man wielding a kitchen knife killed two boys outside an elementary school in Shanghai. [ The New York Times]
\u2022 China and Russia are pushing to eliminate human rights jobs from United Nations peacekeeping missions. The move comes as the U. S. presses for the U. N. to lower spending. [ The New York Times]
\u2022 The \u201cWitness K\u201d affair: A former Australian spy who exposed an intelligence operation in East Timor and his lawyer are facing criminal prosecution. [ ABC]
\u2022 Climate change could sharply diminish living conditions for up to 800 million people in South Asia, a new study warned. [ The New York Times]
\u2022 The paradox of Europe\u2019s migration crisis: \u201cThe actual number of arriving migrants is back to its pre-2015 level, even as the politics of migration continue to shake the Continent,\u201d our correspondent writes. [ The New York Times]
\u2022 The British Museum accepted a donation of hundreds of rare Chinese ivory carvings despite a growing backlash and a coming ban. [ The New York Times]
\u2022 From the World Cup: Japan advanced to the second round despite losing to Poland, 1-0. South Korea is out, but its defeat of Germany won the team hordes of Mexican fans. \u201cKorean, brother, you are Mexican now,\u201d many chanted as they rallied at the South\u2019s embassy in Mexico City. [ The New York Times]
Tips, both new and old, for a more fulfilling life.
\u2022 How to plan the perfect trip with your significant other .
\u2022 How airline stopover programs can work for you .
\u2022 Recipe of the day: Want to tackle a project this weekend? A strawberry Pavlova is a worthy and delicious challenge.
\u2022 In memoriam. Daisy Kadibil, 95, an Aboriginal Australian who trekked hundreds of miles across the Outback to return home after the government forcibly separated her from her parents when she was a girl. The treacherous journey inspired a film, \u201cRabbit-Proof Fence.\u201d
\u2022 They said #MeToo and shared their stories. But as the movement grew, what became of those who stepped forward? Ashley Judd, Gwyneth Paltrow and 18 others reveal what happened afterward.
\u2022 And Mao 101: This dispatch from Beijing goes inside a Chinese classroom that is training future Communist leaders. \u201cWe\u2019ve learned democracy just can\u2019t last long here,\u201d one student said.
Edson Arantes do Nascimento\u2019s family calls him Dico. The rest of the world calls him Pel\u00e9. The soccer legend helped Brazil win its first World Cup on this day in 1958, above.
He once explained that his nickname was likely born when a classmate teased him after he mispronounced the name of a goalie who played with his father: Bil\u00e9.
His name became one of the most well-known on the planet after his stellar World Cup play \u2014 he helped Brazil to three titles in all.
\u201cThere are parts of the world,\u201d Pel\u00e9 said about his fame, \u201cwhere Jesus Christ is not so well known.\u201d
Still, he hasn\u2019t always cared for the moniker.
\u201cPel\u00e9? Who is Pel\u00e9?\u201d he wrote in The Players\u2019 Tribune in 2016. \u201cYour name is Edson, and your parents named you after Thomas Edison, the American inventor.\u201d They did so because electricity was brought to their town just before he was born, according to his autobiography .
He also described the anger he felt toward the classmate who coined the name, which he said sounds like baby talk in Portuguese:
\u201cFirst I glared at him, then I hit him.\u201d Then he was suspended from school \u2014 but \u201cPel\u00e9\u201d stuck.
\u201cOver the years,\u201d he said, \u201cI\u2019ve learnt to live with two persons in my heart.\u201d
Robb Todd wrote today\u2019s Back Story.
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