Start your day informed with AnewZ Morning Brief: here are the top news stories for 5th of July, covering the latest developments you need to know.
1. Trump signs ‘One Big, Beautiful Bill’ into law, calls it start of America’s ‘golden age’
Legislation delivers core parts of his second-term agenda, including permanent tax cuts and a $150 billion increase in defense spending. It also enacts major reforms in healthcare and immigration, while slashing Medicaid funding and rolling back Biden-era clean energy credits.
Trump claims the bill will 'fuel massive economic growth' and usher in a 'Golden Age of America.' However, critics warn it could add $3.4 trillion to the national debt.
2. Hamas agrees to negotiate Gaza ceasefire, awaits Israel’s response
Hamas has delivered its official response to the U.S.-mediated Gaza ceasefire proposal, describing it as positive. In a statement the group said it was ready to begin immediate and serious negotiations. The reply was issued after consultations with other Palestinian factions.
Israeli media reports that the government is currently reviewing Hamas’ response, though no official comment has been made.
3. Pakistan’s army claims 30 suspected militants killed near Afghan border
The Pakistan army claimed it killed at least 30 suspected militants as they attempted to cross the Pakistan-Afghanistan border.
The military said the movement of a group of militants trying to infiltrate through the Pakistan-Afghanistan border was detected by security forces in the general area of Hassan Khel in the North Waziristan tribal district, near the border.
4. Trump, Zelenskyy discuss air defense, joint production in phone call
Ukrainian President Volodymyr Zelenskyy described his call with U.S. President Donald Trump as “very important and productive.” They discussed recent Russian attacks and the situation on the front lines.
Zelenskyy noted that Trump was well-informed and expressed gratitude for his attention to Ukraine. He added that both sides agreed to enhance Ukraine’s air defense and arrange a meeting between their teams.
5. 17 ECO summit concluded in Khankendi
The 17th Summit of the Economic Cooperation Organization has wrapped up in Azerbaijan's Khankendi. Top officials and delegations of the ten member states used the chance to tackle a number of regional and global issues.
Bilateral meetings also took place, reinforcing the strong alliance among ECO member states during a critical period. The summit’s location in Karabakh symbolized the region’s historical and cultural significance.
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Azerbaijan should unlock the full potential of its tourism sector to drive long-term economic growth, diversify its economy and create jobs as reliance on hydrocarbons declines, the World Bank has said.
The South Caucasus is increasingly being viewed not only through the lens of past conflicts but also as a strategic bridge linking Europe, the Caspian region and Central Asia. One analyst says this presents an opportunity for a new Euro-Atlantic approach focused on long-term regional cooperation.
The NATO summit in Ankara highlighted Türkiye’s growing role within the alliance as Turkish President Recep Tayyip Erdoğan pushed for closer defence ties with Washington. Former diplomat Melih Demirtaş called it a step forward for U.S.-Türkiye ties but said challenges remain.
Germany has reached an agreement with the U.S. to purchase Tomahawk cruise missiles and deploy them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday.
The U.S. says it has launched strikes on Iran after alleged attacks on three commercial vessels in the Strait of Hormuz. Washington described the action as a response to threats against civilian shipping and a breach of the ceasefire.
U.S. President Donald Trump said on Wednesday that the memorandum of understanding signed with Iran to end the conflict was "over", adding he did not want to engage with Tehran, calling the Iranian leadership "sick people".
Typhoon Bavi churned southeast of Taiwan in the Pacific Ocean on Thursday, its winds easing overnight to just shy of 200 kph (124 mph), as authorities urged residents to stock up on supplies and brace for what could be the most powerful typhoon since 2024.
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuwait and Bahrain in the latest escalation to derail efforts to end the war.
China's technology sector is producing billion-dollar startups at its fastest pace in nearly five years, with artificial intelligence and robotics driving a new wave of investment that is reshaping the country's innovation economy.
Western Europe experienced its hottest June since records began in 2026, according to the Copernicus Climate Change Service (C3S). The record-breaking month brought extreme heat, widespread disruption and thousands of excess deaths across parts of the continent.
South Korea's Supreme Court has upheld former President Yoon Suk Yeol's seven-year prison sentence in a case linked to his 2024 attempt to impose martial law.
Germany has reached an agreement with the U.S. to purchase Tomahawk cruise missiles and deploy them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday.
Australia and India have finalised an agreement allowing Australian uranium exports for India's nuclear energy sector, expanding cooperation on clean energy, critical minerals and infrastructure as the two countries strengthen their strategic and economic partnership.
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