Financial Times

OpenAI has signed a deal with Oracle to lease 4. 5 GW of computing power worth $30 billion per year to expand the Stargate project. Oracle will build several data centers in the US to fulfill the contract, which is one of the largest deals in the cloud services industry for AI.

The United States has halted the supply of several important types of weapons to Ukraine, including Patriot interceptors and high-precision shells. The decision, made in early June, is due to concerns about Washington's own military readiness.

The US dollar is rapidly depreciating, heading for its worst half-year performance since 1973. This is due to President Donald Trump's trade and economic policies, which are forcing investors to reconsider their attitude towards the currency.

The NATO summit in The Hague demonstrated the growth of European defence spending, but calls for a ceasefire in Ukraine indicate a change in mood. NATO has refocused on deterring Russia, while Ukraine faces heavy casualties on the frontline and the risk of losing territory.

Poland will invest 2. 4 billion zlotys in the state defense group PGZ to increase the production of 155-mm and 120-mm artillery shells fivefold. This will reduce dependence on imports and strengthen the country's defense capabilities.

Russian special services are recruiting Ukrainian teenagers for espionage, offering money for completing tasks. The SBU has detained more than 700 people involved in espionage, about 175 of whom are minors.

Canada has canceled a 3% digital services tax on tech giants, which was due to come into effect on June 30, to resume trade talks with the United States. The move restores dialogue after US President Donald Trump called the levy a “direct attack.”

IAEA Director General Rafael Grossi said that Iran could resume uranium enrichment within months, despite previous American strikes. The country's existing industrial and technological capabilities allow them to quickly resume this process.

Iran's stockpiles of highly enriched uranium remained undamaged after US strikes on nuclear facilities, as 408 kilograms of uranium were distributed elsewhere. This casts doubt on US President Donald Trump's claims of "destroying" Iran's nuclear program.

European Commission President Ursula von der Leyen faces a vote of no confidence over "Pfizergate" and other accusations. Far-right MEPs are trying to initiate a vote, but the chances of success are low due to the need for majority support.

The United States has imposed sanctions on three Mexican financial companies: CIBanco, Intercam Banco, and Vector Casa de Bolsa, suspecting them of laundering money for cartels and financing fentanyl trafficking from China.

Russia did not suffer from Iran's significant losses in the conflict with Israel, as it has established its own production of "Shahed" and accumulated a significant arsenal of missiles. Moscow is strengthening cooperation with China and North Korea to replenish its military resources.

The US House of Representatives banned the use of WhatsApp on government devices starting June 30 due to privacy risks and a lack of transparency regarding data protection. Meta, the company that owns the messenger, disagrees with this decision, emphasizing end-to-end encryption of messages and a higher level of security compared to other permitted applications.

Germany and Italy are demanding the return of their $245 billion gold reserves from US vaults, fearing President Trump's interference with the Fed's independence and geopolitical risks. Both countries are among the world's largest gold holders.

Chinese company Pop Mart, which created the Labubu toy, has become a global leader in the toy market, surpassing the value of Hasbro and Mattel. Its success is based on the "blind box" model, which stimulates collecting and repeat purchases, but raises concerns among authorities due to risks for minors.

The Trump administration demands Asian allies, including South Korea, spend up to 5% of GDP on defense. This could lead to significant increases in defense budgets and disputes over their military presence.

Over 13 million people in Africa could contract malaria due to reduced funding for the U. S. President’s Malaria Initiative (PMI). International aid budgets are under increasing pressure.

The European Court of Justice has upheld a fine of 4. 12 billion euros for Google due to competition violations with Android. The decision confirmed regulators' findings about the use of the operating system to restrict competitors. The Advocate General of the EU Court of Justice stated that he supports the decision to uphold the fine. Google has already received approximately 8 billion euros in fines from other legal cases with the EU.

The X platform is preparing to launch financial services, allowing users to make transfers, purchases, and trades directly within the app.

The head of the Central Bank of China announced the emergence of a new currency order, where the yuan will compete with the dollar. China strives for a multipolar system against the background of trade disputes with the United States.

The White House has allowed TikTok to operate in the US for another 90 days to allow time for the sale of the company's stake. Trump wants Americans to be able to use TikTok safely.

Daniel Ek has invested significant funds in the German defense startup Helsing, which, among other things, supplies strike drones for the needs of Ukraine. Helsing has contracts with the governments of several countries.

Oil production is expected to rise to 104. 9 million barrels per day, exceeding demand of 103.8 million. Weak consumption in China and the US will curb global demand.

Meta plans to monetize WhatsApp by placing ads in the "Status" section of the "Updates" tab. Main chats will remain ad-free, and privacy will be preserved.

The EU is preparing for a complete rejection of fossil fuel imports from Russia, but plans regarding uranium are being postponed for now. Sanctions are in effect, however, the EU is still dependent on Russian nuclear technologies.

The Pentagon has launched a review of U. S. participation in AUKUS, a partnership with Australia and the United Kingdom. The agreement involves the development of hypersonic weapons and nuclear submarines.

Harvard University is in talks with other universities about temporarily hosting international students barred from entering the U. S. due to Trump's restrictions. Studying abroad options are being considered.

Qualcomm is acquiring Alphawave for $2. 4 billion, a 96% premium over the closing stock price. The company plans to strengthen its position in the field of artificial intelligence and expand its intellectual property portfolio.

The Central Bank of Russia has reduced the key rate to 20% amid a slowdown in the economy due to military spending. The Russian GDP fell to 1.4% in the first quarter of 2025.

Brussels lawmakers are looking for ways to increase financial pressure on Russia. Most members of the European Parliament are in favor of including Russia in the list of countries with weak control over money laundering.