AnewZ Morning Brief – 4 July, 2026
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 4 July, covering the latest developments you need to know....
Australia will not raise its defence spending targets despite pressure from U.S. President Donald Trump, choosing instead to follow its own military strategy, Defence Minister Richard Marles said on Thursday.
Speaking on the sidelines of the NATO summit in the Netherlands, Australian Defense Minister Richard Marles told reporters that the country would maintain its current defence budget path, focusing on national priorities rather than international pressure.
Marles' comments come as U.S. President Donald Trump continues to push allies to spend more on defence, threatening those who resist with tougher trade policies. Trump recently criticized Spain for refusing to adopt NATO’s proposed 5% of GDP defence spending target and suggested punitive trade measures may follow.
Australia, which is not a NATO member, currently spends around 2% of GDP on defence and plans to increase this to 2.3% by 2033–2034. Marles emphasized that this decision reflects Australia’s own strategic assessments, not external demands.
“We have gone through our own process of assessing our strategic landscape... and what that has seen is the biggest peacetime increase in Australian defence spending,” he said.
Despite efforts by Canberra to secure a first face-to-face meeting between a senior Australian official and President Trump, Marles did not speak directly with the U.S. president or Defence Secretary Pete Hegseth during the summit.
Australia is also in talks to gain exemptions from new U.S. tariffs, including a 50% levy on steel and aluminium, but officials have not indicated whether a breakthrough is likely.
India is investigating a data breach at Tata Electronics that exposed sensitive documents linked to Apple's unreleased iPhone 18 Pro, marking the government's first public comments on the incident.
The World Meteorological Organization (WMO) has raised its forecast for the rapid emergence of a strong El Niño, warning the climate pattern is likely to drive higher global temperatures and intensify extreme weather in the months ahead.
Iran and the U.S. have concluded indirect talks in Doha without a major breakthrough, with discussions focused on maritime traffic in the Strait of Hormuz and frozen Iranian funds. Both sides are expected to meet again after the funeral of Ayatollah Ali Khamenei.
International politicians and religious leaders have paid respects to Iran's late Supreme Leader Ali Khamenei throughout the day, ahead of his six day funeral ceremony which begins on Saturday. His casket is currently on display at the Iman Khomeini Grand Mosalla in Tehran.
Eight Buddhist monks were killed and more than 20 others injured after an 11-year-old boy driving his parents' pickup truck ploughed into a religious procession in north-eastern Thailand, police said.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
Rocket Lab has agreed to acquire Iridium Communications in an $8 billion deal, giving the space company a global satellite communications network and accelerating its expansion beyond launch services. The acquisition marks a major step in its ambition to become a fully integrated space business.
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