US house passes major tax-cut and spending bill
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legisla...
Russia has cancelled its annual naval parade in St Petersburg amid security concerns, as the deputy head of its Navy was killed in a Ukrainian attack in Kursk.
Russia will not hold its traditional Navy Day parade in St Petersburg this year due to security concerns, Russian news outlet Fontanka reported on Thursday, citing sources.
The naval parade was scheduled for the last Sunday of July to mark Navy Day, a significant public and military event featuring ship displays and attracting thousands of spectators along the Neva River. Authorities have not officially confirmed the cancellation or disclosed specific threats behind the decision, but heightened security measures are understood to have influenced it.
The development comes as Russia mourns the death of Major General Mikhail Gudkov, deputy head of the Russian Navy, who was killed in a Ukrainian strike in Russia's Kursk Region.
The governor of the far eastern Primorye Territory, Oleg Kozhemyako, described Gudkov as a "hero of Russia and hero of Primorye" in a Telegram post on Thursday, expressing condolences to the families and comrades of Gudkov and other servicemen killed in the attack.
Russia’s Defence Ministry confirmed that Gudkov was killed during a combat mission in a border area of Kursk on Wednesday. Aged 42, Gudkov was appointed deputy commander-in-chief of the Russian Navy in March. He previously commanded the 155th Separate Guards Brigade of the Pacific Fleet Naval Infantry and participated in the special military operation from its launch on 24 February, 2022.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
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