China
China accused the US of interfering in Argentina’s affairs by pressuring CALF over its agreement with Huawei. US diplomats threatened visa restrictions, but CALF is not abandoning the cooperation.
U. S. President Donald Trump announced a 15% tariff on imports of polysilicon, which will take effect on December 4. The decision is aimed at reducing dependence on China in the production of solar panels and semiconductors.
The United States imposed sanctions against eight Cuban officials and military enterprises over ties with China and Russia. The restrictions concern arms supplies and the recruitment of Cubans for the war against Ukraine.
Russian drones attacked the Liberian-flagged cargo ship EMIL, which is linked to a German company. The crew of 11 sailors was evacuated; there were no casualties.
China's Sinopec has increased its purchases of Russian ESPO crude oil to offset reduced supplies from the Middle East due to the war against Iran. The company purchased 30–40 cargoes of oil for delivery from July through September.
U. S. President Donald Trump harshly criticized Canada during a speech in Las Vegas, calling it «disgusting» because of trade barriers. He also touched on talks with Iran, a possible increase in oil prices, and announced a «Big Healthcare Plan».
A study by Arctic Wolf Networks found that the Chinese LightSpy platform is being used in 13 countries for surveillance. It enables data theft, and its infrastructure comprises 117 servers.
The FBI has established partnerships with law enforcement agencies in China and Russia to combat cyber fraud, fentanyl, and other crimes. Joint operations have already yielded results, but are raising concerns due to risks to U.S. security.
Low water levels in the Danube forced Hungary's "Paks" nuclear power plant to shut down for the first time in 44 years, threatening BMW iX3 production. The company reduced energy consumption at the plant by 15%, but the impact on output is not yet known.
Taiwan has begun the largest Han Kuang military exercises, which will continue until August 14. They include air-raid drills and a reduction in mobile internet speed.
Kim Jong Un's sister Kim Yo Jong stated that additional military measures are being prepared in response to Japan's strengthening of its defense capabilities. Pyongyang accused Tokyo of turning into a "military state."
Beijing is worried about the cyber capabilities of Mythos and other American AI models, viewing them as potential offensive weapons. China is developing possible responses, including sanctions, if the US takes action against its companies in this sector.
Japan's Defense Minister stated the need to strengthen defense capabilities with a sense of urgency. The new "white paper" points to China's increased activity and Russia's cooperation with North Korea.
The Pacific state of Nauru changed its name to the Republic of Naoero to restore its traditional designation. The international code will change from NRU to NRO, and residents will be called dei-Naoero.
Ferrari’s order book is fully booked through 2027, so new buyers will receive their cars only in 2028. The company’s operating profit rose by 9.5% despite a 3.7% reduction in deliveries.
China defends its economic model, which prioritizes industry over consumption. Beijing shows confidence on the eve of trade negotiations with Europe and the US.
US President Donald Trump released on Truth Social an image of Venezuela with the American flag and the inscription "51st State". Earlier, he stated that he was seriously considering including Venezuela as part of the United States.
Chinese military conducted joint air and naval exercises near Scarborough Shoal. Beijing stated that the maneuvers are a response to actions by countries that undermine stability in the region.
Korean cuisine combines simple ingredients, spicy seasonings and minimal heat treatment. Rice, kimchi and bulgogi are the basis of national cuisine.
The sanctions bill against Russia, backed by the late Senator Graham, could grant Trump tariff powers, raising concerns among Democrats and Republicans. It faces challenges in the House of Representatives, where some lawmakers want to postpone it until the elections.
In Pengshui County, Chongqing metropolis, a landslide claimed the lives of 51 people, with another 10 missing. This is the largest disaster of this type in China in over 10 years.
Samsung expects a global chip shortage until 2028. The company has signed long-term agreements with the five largest data center operators.
U. S. President Donald Trump signed an executive order allowing restrictions on the export of industrial waste to preserve critical minerals. The decision aims to strengthen domestic supply chains and reduce dependence on China.
China stated that the US is copying AI models developed by Chinese companies. This was a response to US accusations that the Chinese are using distillation technology without permission.
The United States imposed sanctions against six individuals and companies from China, India, Russia, and Iran for supporting Mahan Air and the IRGC. The sanctioned individuals provided logistical and commercial assistance, and were also used for military operations.
China's Foreign Ministry called Reuters reports about the intention to transfer 300-400 MANPADS to Iran false. Spokesperson Mao Ning stated that China's role is to promote peace.
The Trump administration imposed sanctions against two Iranian companies accused of supporting a scheme of extorting ships. The insurance of these firms covers risks created by Iran to finance terrorism.
Discounts on Russian Urals oil for India have narrowed to $1–2 per barrel due to increased demand from Indian refineries amid supply disruptions from the Middle East. Earlier in July, Russian oil was sold in India at a discount of over $10 per barrel.
Brent oil prices surged 6. 8% to $89.79 due to the resumption of US and Saudi strikes on Iran. US oil inventories fell by 3.3 million barrels, and OPEC+ may suspend production increases.
Iran will purchase 300-400 Chinese QW-12 and FN-16 MANPADS worth $60-70 million. Deliveries are planned via Pakistan, although Islamabad denies involvement.