Concerns about environmental damage by dams in Bosnia

Protesters say more power stations will force farmers from their land.

There has been a boom in the number of hydropower projects in Bosnia and Herzegovina.

Dozens of power plants have been built in recent years, as the country tries to reduce its reliance on coal for energy.

But, new construction projects are facing protests for their effect on the environment and the livelihoods of people.

Al Jazeera’s Priyanka Gupta reports.

Pakistan stock exchange attack: Government accuses foreign powers

UN Security Council deadly attack on Pakistan’s financial hub and urges all states involved to bring perpetrators to justice.

The United Nations Security Council (UNSC) has condemned Monday’s deadly attack on Pakistan’s financial hub.

A banned separatist organisation called the Balochistan Liberation Army (BLA) claimed responsibility for the assault on the Karachi Stock Exchange.

Baloch leaders accuse the federal government of neglect and depriving the resource-rich province for decades.

Al Jazeera’s Osama Bin Javaid reports.

Students return to school in Chile's Easter Island

Unlike on Easter Island, mainland schools show no sign that they will reopen anytime soon.

Chile has one of the world’s highest coronavirus infection rates.

There are more than 280,000 cases, and almost 6,000 people have died.

But there is one part of the country, far from the rest, that is celebrating a return to normal.

Al Jazeera’s Lucia Newman reports.

Nippon Life to Buy More U.S. Corporate Debt on Low Hedging Costs

Japan’s biggest private life insurer is planning to buy more U.S. corporate bonds, adding to signs that investors from the nation are continuing to find value in the asset class after their hedging costs fell.

“Cheap hedging costs are still making U.S. debt attractive so we plan to continue investing in U.S. corporate bonds while being selective,” said Yusuke Sorita, deputy general manager at Nippon Life Insurance Co.’s credit investment department. Read more about the firm’s investing targets from earlier this year.

The Federal Reserve’s monetary easing since earlier this year amid the Covid-19 pandemic has sent the three-month currency hedge cost for yen-based investors to around a five-year low. That’s helped keep demand strong for U.S. corporate notes, even after purchases surged to more than 1.4 trillion yen ($13.3 billion) in each month since March in the most recently available data through May from Japan’s finance ministry.

“Thanks to the cheap hedge cost and the Fed’s backstop, the U.S. credit market offers a sense of security,” said Masahiko Loo, a portfolio manager of fixed income at AllianceBernstein Japan, adding that U.S. credit is one of the few assets which offer solid returns amid the low interest-rate environment.

Trump Won’t Be Paying His Respects To John Lewis At Capitol Hill

Thousands of people are expected to visit Capitol Hill to pay respects to congressman and civil rights leader John Lewis, but President Donald Trump won’t be one of them.

“No, I won’t be going,” the president told reporters Monday. “No.”  

The president made his comment as he was leaving the White House for North Carolina just as Lewis’ American flag-draped casket was arriving at the Capitol carried by a military honor guard into the rotunda.

Lewis, who died July 17 at the age of 80, will be lying in state at the U.S. Capitol until Thursday’s funeral at Atlanta’s historic Ebenezer Baptist Church, which the Rev. Martin Luther King Jr. once led.

Trump did not say why he was declining to visit Lewis.

Lewis was critical of Trump during his time in office. A week before the 2017 inauguration, Lewis said he did not consider Trump a legitimate president.

Both Vice President Mike Pence and presumptive Democratic nominee Joe Biden are expected to pay their respects.

One Twitter user said the president’s decision was just another sign he’s a racist. Others considered his presence inappropriate.

Universal Health Services, Inc. Q2 adjusted earnings Beat Estimates

Universal Health Services, Inc. (UHS) released a profit for its second quarter that advanced from last year.

The company’s bottom line totaled $251.93 million, or $2.95 per share. This compares with $236.32 million, or $2.66 per share, in last year’s second quarter.

Excluding items, Universal Health Services, Inc. reported adjusted earnings of $250.21 million or $2.93 per share for the period.

Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 4.5% to $2.73 billion from $2.86 billion last year.

Universal Health Services, Inc. earnings at a glance:

-Earnings (Q2): $250.21 Mln. vs. $247.20 Mln. last year.
-EPS (Q2): $2.93 vs. $2.76 last year.
-Analysts Estimate: $0.74
-Revenue (Q2): $2.73 Bln vs. $2.86 Bln last year.

Alexandria Real Estate Equities, Inc. Q2 Profit Climbs

Alexandria Real Estate Equities, Inc. (ARE) released earnings for its second quarter that climbed from the same period last year.

The company’s earnings came in at $226.60 million, or $1.82 per share. This compares with $76.33 million, or $0.68 per share, in last year’s second quarter.

Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 16.9% to $436.96 million from $373.86 million last year.

Alexandria Real Estate Equities, Inc. earnings at a glance:

-Earnings (Q2): $226.60 Mln. vs. $76.33 Mln. last year.
-EPS (Q2): $1.82 vs. $0.68 last year.
-Analysts Estimate: $0.53
-Revenue (Q2): $436.96 Mln vs. $373.86 Mln last year.

-Guidance:
Full year EPS guidance: $3.00 to $3.08