U.S. overpower Paraguay 4-0 in their World Cup opener
The United States began their World Cup campaign in commanding fashion with a 4-1 victory over Paraguay, delivering an emphatic performance that under...
Indonesia and the U.S. have sealed a sweeping trade agreement that slashes tariffs, lifts digital restrictions, and removes key export barriers, marking a major win for American exporters and automakers.
Indonesia will eliminate tariffs on more than 99% of its trade with the United States and scrap all non-tariff barriers for American goods, according to a senior Trump administration official.
The deal, announced on 15 July and detailed Tuesday, also reduces planned U.S. tariffs on Indonesian products from 32% to 19%.
As part of the agreement, Indonesia will abandon its plans to impose tariffs on internet data flows and support the extension of a global moratorium on e-commerce duties under the World Trade Organization.
Additionally, the country will revoke recent pre-shipment inspection rules that disrupted U.S. agricultural exports and contributed to a rising U.S. farm trade deficit.
The deal is seen as a significant boost for U.S. automakers, with Indonesia agreeing to recognize U.S. Federal Motor Vehicle Safety Standards for vehicles exported to its market of 280 million people.
It also includes the removal of export restrictions on critical minerals and local content rules affecting goods shipped to the U.S.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
Ambassadors from the European Union’s 27 member states have agreed to advance accession negotiations with Ukraine and Moldova, paving the way for the first formal phase of talks to begin on Monday.
European Union countries have agreed to maintain the current three-hour threshold for flight delay compensation in the bloc’s upcoming update to air passenger rights, preserving one of the most recognisable protections for travellers.
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
China has expressed strong dissatisfaction over a United States decision to place several major Chinese companies on a Pentagon list of firms alleged to support the country’s military.
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