World breaking news today (June 7): For Covid injury, Trump calls on nations to demand reparations from Beijing. Meanwhile, Biden says US stands with European allies ahead of Putin summit, Israeli police arrest Palestinian activist and gold price also make headlines today.

US President Joe Biden is scheduled to meet Russian President Vladimir Putin in Geneva on June 16 (Photo: AFP)

"The United States does not seek conflict. We want a stable and predictable relationship where we can work with Russia on issues like strategic stability and arms control," he wrote. However, he added: "Putin knows that I will not hesitate to respond to future harmful activities."

Biden is scheduled to head to Europe on Wednesday for both the G7 and NATO summits. He is then expected to meet Putin face-to-face in Geneva on June 16.

Biden said his trip to Europe "is about realizing America’s renewed commitment" to allies and to "deter the threats of this new age."

He added that the US "must lead the world from a position of strength," whether it is ending the COVID-19 pandemic worldwide or addressing climate change, as reported by DW.

Israeli police arrest Palestinian activist

Israeli police Sunday arrested a prominent activist at the centre of the movement to publicise the threatened eviction of Palestinians from their homes in Israeli-annexed east Jerusalem, her family told AFP.

The father of Mona el-Kurd, 23, said police apprehended his daughter and took her to a police station for questioning, leaving a summons for her twin brother, Muhammad.

In footage widely shared on social media, Mona el-Kurd was shown handcuffed and taken by officers out of her family's home in the Sheikh Jarrah neighborhood, whose struggle has crystalized Palestinian anger over Israel's settlement movement.

The duo, whose family is currently under threat of losing their home, have gained more than 180,000 Twitter followers and more than half a million on Instagram for their activism, under the hashtags #SheikhJarrah and #SaveSheikhJarrah, taking their neighbourhood's plight global.

Their father, who spoke to AFP in front of the police station in Jerusalem, dubbed his daughter's arrest part of "an operation to terrorise the parents, because the voice that emerged from the neighbourhood was thanks to its youth."

He said his son Muhammad had been away teaching in Ramallah but was on his way back to cooperate with the police summons.

The police did not immediately respond to an AFP request for comment.

Two drones shot down above Iraq base housing US troops: Military

The Iraqi army has said that two drones were destroyed above a base housing United States troops, one month after the same base was targeted by an armed drone.

The US military’s C-RAM defence system was activated to shoot down the drones above the Ain al-Asad airbase, located in Iraq’s western desert, the Iraqi military said on Sunday.

Several hours earlier a rocket was shot down above Baghdad airport, “without causing casualties or damage,” said Colonel Wayne Marotto, spokesman for the US-led military coalition in Iraq.

The coalition was sent to Iraq to help the country’s military fight the ISIL (ISIS) group – a campaign that Baghdad declared won in late 2017.

The US military had withdrawn its troops from Iraq in December 2011 under former President Barack Obama, almost nine years after the US-led military invasion toppled longtime Iraqi President Saddam Hussein.

There was no immediate claim of responsibility for Sunday’s attack.

The US consistently blames Iran-linked Iraqi factions for rocket attacks against Iraqi installations housing its personnel.

Gold price forecast – gold snaps four weekly rally

Gold prices snapped a four-week wining steak into the open of June trade with XAU/USD off more than 0.8% after reversing off a key technical confluence zone. While the broader outlook remains tilted to the topside, the advance may yet be vulnerable near-term while below this key threshold. These are the updated targets and invalidation levels that matter on the gold weekly charts on the heels of today’s US Non-Farm Payroll (NFP) release. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more.

In last month’s Gold Weekly PriceOutlook we noted that the XAU/USD rally, “remains constructive while above 1840 – look to reduce long-exposure / raise protective stops on a test of confluent technical resistance at 1909/23.” Price registered a high this week at 1916 before reversing lower – was that the extent of the pullback[/img]

Initial weekly support rests with the 52-week moving average / the yearly high-week reversal close at 1846/49 with broader bullish invalidation now raised to the 2012 high at 1795- an area of interest for possible downside exhaustion IF reached. Ultimately a topside breach / close above the 2011 high-close / 61.8% Fibonacci retracement at 1923 is needed to mark resumption of the broader uptrend with such a scenario exposing subsequent resistance objectives at the 2021 yearly high at 1959 and the 2020 high-week close at 2034, Daily FX said.

Jasmine Le