Trump targets Elon Musk subsidies amid tax bill feud
U.S. President Donald Trump suggested reviewing subsidies granted to Elon Musk’s companies to save federal funds, reigniting a public feud after Mus...
Yamandu Orsi, the center-left candidate, won Uruguay’s presidential election on Sunday with 49.81% of the vote, defeating conservative Alvaro Delgado. Orsi promised a smooth transition and emphasized national unity and economic growth.
Yamandu Orsi, the center-left opposition candidate, won Uruguay’s presidential election on Sunday, securing 49.81% of the vote with 99% of ballots counted. His conservative rival, Alvaro Delgado, garnered 45.90%.
Orsi, addressing thousands of supporters in Montevideo, expressed optimism for the future and vowed to foster national dialogue. "The country of freedom, equality, and fraternity triumphs once again," he said, emphasizing his commitment to continued progress. He outlined plans to boost investment, avoid tax increases, and strengthen the country’s fight against drug trafficking in collaboration with Europe.
In a sign of political harmony, both Delgado and outgoing President Luis Lacalle Pou, members of the National Party, swiftly congratulated Orsi and offered assistance in facilitating a smooth transition. The election, marked by cooperation between rivals, reflects Uruguay’s continued political stability amidst a turbulent global landscape.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
U.S. President Donald Trump suggested reviewing subsidies granted to Elon Musk’s companies to save federal funds, reigniting a public feud after Musk’s sharp criticism of the government’s latest tax and spending bill.
Start your day informed with AnewZ Morning Brief: here are the top news stories for July 1st, covering the latest developments you need to know.
British Foreign Secretary David Lammy praised Türkiye’s strategic role in regional peace and stability during his visit to Ankara, highlighting its efforts in addressing the Ukraine war, the Gaza crisis, and broader UK-Türkiye relations.
The Democratic Republic of Congo’s president has pledged to pursue justice for victims of the conflict in the east despite a peace deal with Rwanda, calling the accord a hopeful yet fragile step toward regional stability.
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and South Korea offered cautious optimism ahead of key trade talks.
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