U.S. to implement higher tariffs starting August 1, Commerce Secretary says
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick....
Ukrainian President Volodymyr Zelenskyy announced that Russia launched attacks on civilian infrastructure in Ukraine immediately after a conversation between US President Donald Trump and Russian President Vladimir Putin, during which they had agreed to halt such attacks.
"Up to 40 Shahed drones have been launched, targeting civilian infrastructure. A Shahed drone hit a hospital in Sumy, while other drone attacks were observed in Kyiv, Zhytomyr, Sumy, Chernihiv, Poltava, Kharkiv, Kirovohrad, Dnipropetrovsk, and Cherkasy regions," - Ukraine’s president said.
Local reports said the city of Slovyansk was partly blacked out after power infrastructure was damaged.
He added: “It is precisely such night attacks by Russia that destroy our energy systems, our infrastructure, the normal life of Ukrainians. Today, Putin de facto rejected the proposal for a complete ceasefire. It would be right for the world to reject in response any attempts by Putin to drag out the war.”
Zelenskyy said he would support stopping strikes on energy targets but was waiting for further information from Washington. “I think it will be right that we will have a conversation with President Trump and we will know in detail what the Russians offered the Americans or what the Americans offered the Russians. After we get details from the American president, from the American side, we will give our answer, prepare it, and our team will be ready for technical discussions.”
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The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, The Information reported, as President Donald Trump prepares fresh talks with China over the platform’s future.
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick.
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple military targets belonging to the Houthi movement in Yemen.
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