1. Economic output in Gaza shrank by 85%, plunging 2.3 million into poverty.

2. Iran's elite Revolutionary Guards warned Israel against attacking the Islamic Republic in retaliation for a missile barrage.

3. Joe Biden is signaling new willingness to use US military assistance to Israel as both a carrot and a stick.

4. Italy's parliament made it illegal for couples to go abroad to have a baby via surrogacy.

5. A slump in US beef production has opened the door for Australia to export record amounts of meat, growing its market share in North America and Asia and channeling billions of dollars to cattle processors and farmers.

6. TSMC, the world's largest contract chipmaker, bet on sustaining its strong growth, after reporting a forecast-beating 54% jump in quarterly profit.