Rumours about Fed Chair sparked market turmoil but Wall Street ends higher . Wall Street closed modestly higher on Wednesday, 16 July, with the Nasdaq Composite hitting a fresh record, despite a brief period of volatility earlier in the day.
US President Donald Trump on Wednesday fiercely criticised some Republican colleagues who have questioned his administration’s handling of the Jeffrey Epstein case.
The UK government has apologised for mistakenly leaking the personal data of nearly 18,000 Afghans who applied under the Afghan Relocation and Assistance Policy (ARAP) in 2022. It also revealed a secret relocation scheme, the Afghan Response Route (ARR), set up to protect many of those affected.
A 7.2-magnitude earthquake struck the Alaska Peninsula on Wednesday, according to the German Research Centre for Geosciences (GFZ).
Nearly half of 1,100 metric tonnes of emergency food rations stored in a US government warehouse in Dubai will be destroyed after reaching their expiry date. The aid remained unused following a freeze on funding introduced during President Donald Trump’s administration.
President Volodymyr Zelenskyy has nominated former prime minister Denys Shmyhal as Ukraine’s new defence minister, pledging to increase domestic arms production to cover half of frontline needs.
The Shanghai Cooperation Organization’s foreign ministers met in Tianjin on 15 July, laying the groundwork for the upcoming SCO summit set for the end of August.
The European Union has failed for a second day to approve a fresh sanctions package against Russia, with Slovakia holding out over concerns tied to the bloc’s Russian gas phase-out plan.
The European Institute of Innovation and Technology (EIT) has announced a €63 million investment to strengthen the innovation and entrepreneurial capacity of Higher Education Institutions (HEIs) across Europe.
The Italian Justice Ministry has announced that the country may release around 10,000 people from prison to ease overcrowding.
A Swedish court has convicted three men as accomplices in the murder of award-winning hip-hop artist C.Gambino, who was killed last year.
Indonesia has reached a trade agreement with the United States that lowers proposed U.S. tariffs on Indonesian exports from 32% to 19%, following direct negotiations between Presidents Prabowo Subianto and Donald Trump. The deal, which includes major purchase commitments, is seen as a strategic win.
Israeli Prime Minister Benjamin Netanyahu has issued a strong warning to the country's Druze community, urging them not to cross the border into Syria amid intensifying clashes in the southern province of Sweida.
Britain set up a secret scheme to bring thousands of Afghans to the UK after their personal details were disclosed in one of the country's worst ever data breaches, putting them at risk of reprisals from the Taliban after their return to power.
U.S. President Donald Trump is set to meet with Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani on Wednesday, the White House announced, as Washington intensifies efforts to broker a ceasefire and hostage-release deal between Israel and Hamas.
China announced it is normalizing relations with the European Parliament, lifting previous restrictions on mutual exchanges as both sides aim to strengthen economic and political ties.
Iran’s Supreme Leader Ayatollah Ali Khamenei warned that Tehran is fully prepared to retaliate against any new military attack, saying it could strike harder than during the recent Iran-Israel conflict.
A Ukrainian man suspected of sending bomb threats to schools across the Czech Republic and Slovakia has been detained in a joint operation by Ukrainian, Czech, and Slovak police, officials confirmed on Wednesday. Authorities believe the suspect’s actions were likely financed by Russian actors.
A restaurant in China’s northern Shanxi province has sparked backlash from animal welfare groups and online critics for allowing diners to hug lion cubs during a four-course tea service. The establishment insists the animals are properly cared for.
Russia launched a major overnight assault across Ukraine, deploying hundreds of drones and a missile that struck multiple cities and damaged energy infrastructure, Ukrainian authorities said on Wednesday. At least 15 people were reported wounded.
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