Pete Hegset will also join European defense chiefs in celebrating the anniversary of the Allied landings in Normandy. He will call on NATO allies to increase defense spending.
The UK will sign a NATO agreement to increase defense spending to 3. 5% of GDP by 2035, which will increase arms spending by $40.5 billion. The Prime Minister has agreed to increase rearmament funding to 3%.
The German automaker is restructuring production due to changing demand. About 20,000 employees have agreed to voluntary redundancy by 2030.
The Trump administration remains silent on the conflict between Ukraine and Russia. This may indicate a shift in the US approach to mediating the war.
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.
Dmitry Peskov stated that a meeting between Putin, Trump, and Zelensky is unlikely in the near future. Trump is open to a meeting, but wants both sides to sit down at the negotiating table.
The global economy is experiencing its weakest growth since the COVID-19 pandemic due to Trump's trade policies. The OECD has lowered growth forecasts for many G20 countries.
Political scientist Oleg Lisny stated that the negotiations in Istanbul showed that Russia does not want peace, this is a demonstration for Trump. An agreement was reached on the exchange of bodies of dead soldiers.
Head of the Office of the President of Ukraine Andriy Yermak arrived in Washington at the head of a delegation to discuss defense support, sanctions against Russia and the reconstruction of Ukraine. Meetings with representatives of both parties are also planned.
A new official portrait of Donald Trump has been released, depicting him against a black background. Experts point to the possible use of Photoshop to hide age-related changes.
Gold prices are declining due to geopolitical tensions in Europe and the Middle East. The spot price fell by 0.6%, and August futures fell by 0.4%.
US President Donald Trump has said that the US will not allow Iran to enrich uranium. This contradicts the proposal conveyed to Tehran by its representative Steve Witkoff.
Oil prices rose on concerns Iran may reject a U. S. proposal on a nuclear deal. A wildfire in Canada also led to the shutdown of oil production.
Despite the US call for coordinated action, a new package of EU sanctions against Russia is unlikely to be ready for the G7 summit. Hungary may block some proposals.
NATO Secretary General Mark Rutte invited the Ukrainian delegation to the Alliance summit. Zelenskyy stressed the importance of Ukraine's participation in the summit, where long-range capabilities will be discussed.
Donald Trump is open to negotiations with Putin and Zelenskyy, provided they both participate. Turkey is initiating a summit with the participation of the leaders of Ukraine, Russia, and the United States.
Donald Trump believes that the war in Ukraine must end. He stressed that he wants an end at the negotiating table, which he told the leaders of both countries.
The President of Ukraine supported Erdogan's initiative to meet in the format of four leaders. However, Zelensky expressed doubt that this would lead to a ceasefire.
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.
russia has put forward a memorandum to Ukraine demanding the withdrawal of troops from the occupied territories of Zaporizhzhia, Donetsk, Luhansk and Kherson regions. The negotiations in Istanbul ended without a tangible breakthrough in the peace process.
Turkey plans to initiate a summit with the participation of Zelensky, Putin and, possibly, Trump, after negotiations in Istanbul. Erdogan expressed his readiness to organize a meeting in Ankara or Istanbul.
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.
The NATO Summit should send a clear signal of support for Ukraine and renew commitments to collective defense. Lithuania will increase defense spending to 5% of GDP in 2026.
Putin has no veto power over NATO decisions. It is important to reaffirm that the Alliance is strong and Europe will not renounce its security.
Zelenskyy stated that in the event of no results from the meeting of Ukrainian and Russian delegations in Istanbul, it is necessary to urgently introduce the 18th package of sanctions. The sanctions should be concentrated on the oil and banking sectors.
Rapper 50 Cent plans to discuss with Trump the possibility of pardoning Sean "Diddy" Combs, who is accused of human trafficking and violence. Trump has already stated that he will consider the facts of the case.
The escalation of the Russian war in Ukraine and a new threat from Trump to double tariffs on steel and aluminum have forced investors to seek refuge in gold. Spot gold rose 0.7% to $3311.33 per ounce.
In the American state of Colorado, a man threw incendiary devices into a crowd during a demonstration in memory of Israeli hostages. Six people were injured, the suspect was detained.
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.
The White House intelligence wants to transform Trump's briefings into a Fox News format with animation of explosions. This should help him better perceive information.