AnewZ Morning Brief - 26th July, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 26th of July, covering the latest developments you need to kno...
The European Commission is engaging with industries to address U.S. tariffs, focusing on countermeasures to protect European businesses from price hikes and economic uncertainty.
European Commission President Ursula von der Leyen held discussions with representatives from the metals and automobile industries on Monday to address the response to U.S. tariffs. The talks aimed to gather data for further counter-measures, with the EU's planned response to U.S. steel duties to be voted on later this week. A call with the pharmaceuticals industry is set for Tuesday.
Stocks in Europe and Asia, along with oil prices, dropped on Monday due to concerns that U.S. President Donald Trump's tariffs could drive up prices, reduce demand, and potentially lead to a global recession. Von der Leyen revealed that the EU would propose a new trade measure from July 2026 to replace current steel safeguards and combat the effects of global overcapacity.
During the metals industry call, participants requested measures to mitigate indirect impacts from the tariffs and urgent action to keep aluminium and steel scrap in the EU. The Commission is considering export duties on scrap sales and has already reduced steel imports by 15% since April 1.
The EU also discussed potential tariff reductions for U.S. car imports, with carmakers such as BMW and Volkswagen advocating for cuts. The call included major industry figures like CEOs from BMW, Volkswagen, and Bosch.
While pharmaceuticals are exempt from the tariffs announced by Trump, the industry is pushing the Commission to clarify plans for boosting manufacturing in Europe. This may involve simplifying regulatory processes to encourage more clinical trials in the region.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
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.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 26th of July, covering the latest developments you need to know.
Liberal MPs are openly urging the Canadian government to follow France in recognising Palestine as a state.
U.S. Secretary of State Marco Rubio on Friday praised Pakistan's role in promoting regional stability and discussed deeper cooperation on counterterrorism, trade, and critical minerals during a meeting in Washington with Deputy Prime Minister Ishaq Dar.
President Volodymyr Zelenskyy said on Friday that Ukrainian forces are engaged in intense battles near the eastern city of Pokrovsk, a critical logistics center where Russian forces have been steadily advancing and claiming new territory almost daily.
President Donald Trump arrived in Scotland on Friday, combining diplomacy with business as his family prepares to open a new golf course on 13 August in Balmedie, Aberdeenshire.
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