Donald Trump will attend the NATO summit in The Hague. The meeting is expected to discuss increasing defense funding by member countries to 3.5% of GDP.
Rains have slowed the emergence of new fire outbreaks in the Canadian province of Alberta. Fires have halted almost 7% of oil production.
Dutch Prime Minister Dick Schoof has announced the resignation of the government due to disagreements in the coalition over migration policy. This could lead to early elections in the country.
The German automaker is restructuring production due to changing demand. About 20,000 employees have agreed to voluntary redundancy by 2030.
The Alliance seeks to fill a key gap in response to the threat of Russian aggression. Defense ministers of member states will discuss this issue in Brussels.
The British government plans to send $2. 5 billion from the sale of "Chelsea" to Ukraine. If an agreement is not reached, Abramovich faces a lawsuit.
Australia has introduced restrictions on the operation of crypto ATMs due to the increase in the number of frauds. New rules include mandatory registration of operators and stricter identification requirements.
The Trump administration plans to put a state reserve of 1 million barrels of diesel fuel on the market. The reserve has never been used as intended, and the sale will bring in $100 million.
The European Union is preparing for trade negotiations with the United States and has warned of countermeasures if Trump introduces inflated tariffs on steel and aluminum imports. Brussels expects to conclude a new agreement with Washington by July 9.
Emirates is considering reviewing flights to Russia following recent Ukrainian drone attacks on Russian territory. The company has a contingency plan in case of emergency situations.
In May, China significantly increased military activity around Taiwan, deploying dozens of ships daily. The number of vessels reached 70 per day, including aircraft carriers, which is a record.
Lindsey Graham seeks to impose sanctions on Russia before the G7 summit to send a signal to China. He emphasizes that sanctions will force China to stop the war.
Sweden is ready to increase defense spending to 5% of GDP to meet NATO's new requirements. An increase in spending of 5% is planned.
European stock markets are soaring as investors reorient towards European assets due to Trump's trade policy. The Stoxx 600 index is outperforming the S&P 500 by a record 18%
The Trump administration announced the replacement of the candidate for the head of NASA. The reason is the inconsistency with the "America First" course.
Thorsten Frei stated that the EU should return to the issue of using frozen Russian assets to finance Ukraine. Germany may become more open to the seizure of assets worth 200 billion euros.
EU's chief diplomat Kaja Kallas stated that the threat from Russia and China is the biggest challenge of our time. European leaders are calling for closer cooperation to preserve order.
Ukraine will not pay 665 million dollars on public debt related to economic growth. The moratorium will be in effect until the completion of debt restructuring.
China has stepped up its weather modification program to increase rainfall in arid areas. With the help of aviation, drones and chemicals, the authorities are increasing rainfall to support food security.
US President Donald Trump has stated that China has completely violated the agreement on customs duties, which is increasing tensions in bilateral trade between the countries. The United States and China previously agreed to reduce customs duties for 90 days.
China has stepped up weather modification measures to increase rainfall in wheat-growing areas. An additional 500 million cubic meters of precipitation was provided with the help of rockets, airplanes and drones.
Donald Trump announced the proximity of a new agreement with Iran, which provides for access of American inspectors to nuclear facilities. Iran is considering suspending uranium enrichment in exchange for unfreezing funds.
European gas prices rose amid speculation that US court decisions on Trump's tariffs could increase demand. The market remains volatile due to uncertainty.
The United Kingdom is investing nearly $1. 5 billion in a digital guidance system, taking into account Ukraine's combat experience. It is also planned to create a Cyber Command to protect against cyberattacks.
The US plans to revoke visas for Chinese students affiliated with the Chinese Communist Party or critical industries. This could escalate tensions between America and China.
Startup Neuralink has raised $600 million, reaching a valuation of $9 billion. Three people have already received implants, one of whom uses it to edit videos.
Russian oil exports have fallen to a two-year low due to falling prices. EU and British sanctions have almost no effect, and US measures are beginning to be ignored.
German Chancellor Friedrich Merz stated that Ukraine's allies have lifted restrictions on strikes deep into Russia. This has given Ukraine more opportunities to defend itself by attacking military positions in Russia.
The Trump administration is terminating $100 million in federal contracts with Harvard University over allegations of racial discrimination and anti-Semitism. The White House is pressuring the university, demanding policy changes.
Volodymyr Zelenskyy invited Edi Rama to participate in the summit. The head of the Ukrainian state reported on Russian shelling and stressed the need to put pressure on the Russian Federation.