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1. US Imposes New Tariffs on 60 Nations Over Supply Chain Concerns
United States President Donald Trump issued new trade tariffs ranging from 10 to 12.5 percent targeting 60 countries, including key partners in Europe and Asia. The administration justified the measures following an investigation into forced labor in international supply chains, seeking to maintain trade protections after previous broad levies expired.
Source: Financial Times
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2. Saudi Arabia and the United States Sign Civil Nuclear Agreement
Saudi Arabia’s Energy Ministry announced the signing of a landmark bilateral agreement with the United States to cooperate on the peaceful uses of nuclear energy. The deal marks a major strategic step in expanding regional energy technology collaboration while seeking to enhance long-term economic and security ties between both nations.
Source: Nhan Dan Online
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3. Global Crude Oil Prices Surge Past $100 Amid Middle East Military Conflict
Brent crude oil surpassed $100 per barrel for the first time in months as military exchanges intensified in the Middle East. With reports of attacks on commercial shipping vessels in the Red Sea and heightened confrontation near the Strait of Hormuz, global energy markets reacted sharply to growing supply disruption risks.
Source: Financial Times
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4. European Union Slaps Google With €890 Million Antitrust Fine
The European Commission penalized Google €890 million after determining the search giant infringed upon the bloc’s digital competition regulations. European regulators warned that failure to swiftly comply with the market mandates would result in escalating daily non-compliance fines.
Source: Financial Times
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5. China Unveils Five-Year Strategy for Renewable Energy Growth
China’s National Energy Administration officially released its national roadmap for renewable energy expansion covering the 15th Five-Year Plan period from 2026 to 2030. The strategy outlines accelerated investments in solar, wind, and grid infrastructure to sustain clean energy transition goals across the country.
Source: Nhan Dan Online
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6. Severe Monsoon Flooding Triggers Fatalities and Displacement in South Asia
Torrents of heavy monsoon rain across Pakistan and northeastern India triggered destructive flooding and severe landslides, resulting in dozens of deaths and impacting over half a million residents. Emergency response teams and disaster management agencies continue rescue operations in heavily affected districts like Assam.
Source: Nhan Dan Online
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7. Intel Posts Strongest Quarterly Revenue Surge in 15 Years
Semiconductor giant Intel reported a 25 percent year-over-year revenue growth to $16.1 billion for the second quarter, driven by surging enterprise demand for artificial intelligence data center processors. The company also announced plans to raise its full-year capital expenditure to $20 billion to keep pace with manufacturing demand.
Source: Financial Times
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8. Security Demolitions in Kashmir Spark Controversy Over Regional Stability
Indian security personnel in Jammu and Kashmir demolished residential structures tied to suspected militants following a fatal attack on a police officer in Anantnag. Local leaders, including Chief Minister Omar Abdullah, publicly cautioned that mass detentions and property destructions risk undermining long-term peace in the territory.
Source: The Hindu
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9. Singapore Allocates $3.1 Billion to Upgrade Aviation Infrastructure
The Civil Aviation Authority of Singapore pledged 4 billion Singapore dollars over the next 15 years to modernize its air navigation services. The infrastructure overhaul aims to manage projected air traffic growth in Southeast Asia ahead of the operational launch of Changi Airport’s Terminal 5.
Source: Nhan Dan Online
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10. French Public Health Agency Reports Over 5,700 Excess Heatwave Deaths
Santé publique France released data showing that an estimated 5,764 excess deaths occurred during the severe heatwave that swept through the country between mid-June and early July. The report highlights the increasing health strain on European populations due to recurrent summer heat extremes.
Source: Nhan Dan Online