08:45
EU taxes

Von der Leyen proposes new EU taxes in €2tn budget plan

European Commission President Ursula von der Leyen has unveiled a bold €2 trillion (about $2.3 trillion) EU budget proposal that includes new taxes on large corporations, tobacco, and electronic waste—setting the stage for intense political battles over the bloc’s financial and strategic priorities.

13:14
Tariffs hit

Trump’s tariffs put 100,000 South African jobs at risk

South Africa could lose around 100,000 jobs due to the 30% U.S. import tariff set to take effect on 1 August, according to he Governor of the South African Reserve Bank (SARB) Lesetja Kganyago. The agriculture and auto sectors face the hardest hit, especially citrus, grapes, and wine.

10:27
Iceland volcano

Iceland volcano erupts near Blue Lagoon

A volcano has erupted in southwest Iceland, spewing lava and smoke from a large fissure, marking the latest in a series of eruptions on the Reykjanes Peninsula since 2021.

09:39
Morning Brief

AnewZ Morning Brief - 16th July, 2025

Start your day informed with AnewZ Morning Brief: here are the top news stories for 16th July, covering the latest developments you need to know.

23:00
U.S. sanctions

NATO chief urges Brazil, China, India to rethink Russia ties

NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.

22:30
U.S. inflation

U.S. inflation rises in June as tariffs begin to bite

U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.

20:00
Australia and China

Australia and China seek cooperation despite strategic competition

Australian Prime Minister Anthony Albanese met with Chinese President Xi Jinping in Beijing, affirming that both countries will keep communication channels open and explore cooperation opportunities despite ongoing strategic rivalry in the Indo-Pacific region.

15:30
China disasters

China suffers $7.6 billion in losses from natural disasters

Natural disasters in China during the first half of 2025 caused $7.55 billion in economic losses and affected more than 23 million people, with floods accounting for the majority of the damage, an official from the emergency response ministry said.

15:00
Trump-Russia tensions

Kremlin says Trump’s comments target Putin

The Kremlin says President Donald Trump’s recent comments, including threats of sanctions and military support to Ukraine, are serious and directly aimed at President Vladimir Putin.

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