China plans to purchase 140 million barrels of oil for its strategic reserves by the first quarter of 2026, as long as prices remain below $80 per barrel. This will ensure a high level of imports and soft commercial demand.
Elon Musk stated that he plans to hold a Tesla shareholder vote on investing in the xAI startup. This will deepen xAI's integration into Musk's business empire, despite no merger plans.
Oil prices fell after Donald Trump's 50-day deadline for Russia to end the war in Ukraine eased supply concerns. Brent and WTI futures fell 0.2% as Trump's softening stance on sanctions and his tariff plan impacted the market.
The US Supreme Court overturned restrictions on disbanding the Department of Education, allowing the Trump administration to dismiss employees and transfer functions. This decision is part of a plan to reduce the federal government's role in education.
European partners will contribute to the purchase of Patriot systems for Ukraine, while NATO will not be directly involved. Germany and Norway are discussing funding for several systems, awaiting US approval.
Gold prices rose to a three-week high, and silver approached a 14-year high, amid demand for safe-haven assets following Trump's tariff threats. Investors are awaiting US inflation data and a possible rate easing by the Fed.
In Torre-Pacheco, Spain, violent clashes erupted between far-right groups, local residents, and migrants after an attack on an elderly man. Five people were injured, one was detained, and more arrests are expected.
The US Senate Armed Services Committee approved the National Defense Authorization Act, which provides for $500 million in aid to Ukraine and extends the Security Assistance Initiative until 2028.
Pedro Pascal, who played Reed Richards in "Fantastic Four: First Steps," said that the remake focuses on family ties and caring for humanity. The film, set to be released on July 24, 2025, in Ukraine, will introduce Marvel's first superhero family, who will confront Galactus.
As of July 11, 2025, 919. 9 thousand hectares of early grain and leguminous crops have been threshed in Ukraine, yielding 2,620.7 thousand tons. Harvesting has started in 18 regions, with Odesa, Mykolaiv, and Dnipropetrovsk regions being the leaders.
The German Ministry of Defense denied Politico's report about plans to increase the F-35 fleet to 50 units. Currently, Germany has ordered 35 fighters to replace outdated Tornado jets.
Russia's revenues from oil and petroleum product sales in June decreased by almost 14% compared to last year, amounting to $13. 57 billion. This happened amid a decline in global oil prices and almost unchanged oil production in Russia.
Armani founder Giorgio Armani, who turned 91, announced his return in September after missing fashion shows. He thanked for the support and confirmed that he feels better.
Bitcoin updated its all-time high, reaching $116,781. 10, thanks to institutional demand and the favorable policies of the Trump administration. The price of Ether also increased by almost 5%, reaching $2,956.82.
The European Commission this week will propose a floating price cap on Russian oil as part of a new package of sanctions. The mechanism will adjust price limits based on changes in the global price of energy resources.
US President Donald Trump will send weapons to Kyiv for the first time since returning to office, using presidential powers. The value of the weapons could be around $300 million.
EU governments are demanding that Brussels keep national plans for phasing out Russian oil and gas by the end of 2027 secret. This is due to the desire to avoid influencing market prices and disclosing confidential information.
Ukraine will become the first country in Europe with Starlink mobile services. Messaging will be launched by the end of 2024, and mobile satellite internet in mid-2026.
The flood on the Bhote Koshi River in Nepal, which claimed at least nine lives and left over two dozen missing, was caused by the depletion of a glacial lake in Tibet. 19 people remain missing in Nepal and 11 in China, and the "Friendship Bridge" has been destroyed.
Oil prices fell due to new Trump tariffs threatening global economic growth. Brent and WTI futures lost value, despite rising US crude oil inventories and record demand for air travel.
An industrial tunnel, 5. 5 meters in diameter, under construction for a wastewater treatment system, collapsed in Los Angeles. All 31 trapped workers were successfully rescued thanks to the efforts of over 100 rescuers.
Tropical storm "Danas" approached the eastern regions of China, causing heavy rains and flood warnings. The storm is moving through the country's industrial heartland, where up to 300 mm of precipitation is expected.
Ankara Prosecutor's Office ordered to block Grok, Elon Musk's AI, after the chatbot created content allegedly offensive to President Recep Tayyip Erdogan and his mother. Turkey became the first country to impose censorship on Grok.
An express analysis showed that about 2,300 people died in 12 European cities from the severe heatwave that ended last week. Climate change made temperatures significantly higher, leading to 1,500 additional deaths.
Lithuania and Finland plan to start domestic production of anti-personnel mines in 2025 for their own needs and for Ukraine. This decision is driven by the threat from Russia, and Finland considers mines to be a highly effective and cost-efficient weapon.
Brent and WTI crude futures fell after rising to two-week highs. Investors are awaiting new developments regarding Trump's tariffs and the increase in US crude oil inventories.
German Chancellor Friedrich Merz plans his first visit to China to ease relations after prolonged tension. The trip, expected in October, has symbolic significance for maintaining bilateral relations and restoring contacts.
Sudden floods caused by torrential rains devastated the Himalayan valley between China and Nepal. 8 people died, 31 people are missing, including employees of a Chinese depot.
A man was gored by a bull's horn in the armpit, his condition is stable. Seven other people sustained bruises and contusions during the bull run in Pamplona.
French President Emmanuel Macron arrived in Great Britain and met King Charles III in Windsor. Charles is expected to emphasize the "plurality of complex threats" facing both countries.
