The US is urging G7 countries to impose high tariffs on India and China due to their continued purchases of Russian oil. The goal is to pressure Moscow and stop financing Russia's military actions in Ukraine.
Companies that based their business on mass bitcoin purchases have seen their stocks plummet, with their value sometimes falling below crypto assets. This is happening amid a bitcoin decline and doubts about the viability of the "crypto treasury."
Oracle reported a significant increase in orders for future AI services, leading to a 27% surge in its stock to a record high. Remaining performance obligations rose to $455 billion, with four multi-billion dollar contracts signed.
Belgium may agree to riskier strategies to increase profits from frozen Russian assets if legal risks are distributed among all EU member states. About 190 billion euros of Russian sovereign assets are held in the Belgian Euroclear depository.
Ukraine may be left without sufficient air defense systems due to irregular supplies from the US, which coincided with intensified Russian airstrikes. Western and Ukrainian officials are sounding the alarm as ammunition stocks are depleting faster than they are being replenished.
Over 1800 international film professionals, including famous actors and directors, have signed a pledge to cease cooperation with Israeli film institutions. They consider these organizations complicit in Israel's "abuse" of Palestinians.
The US calls on the EU to stop importing Russian energy, promising to strengthen sanctions against Russia. US Energy Secretary Chris Wright stated that the EU should replace Russian oil and gas with American resources.
The Trump administration unilaterally terminated memoranda of understanding, ending cooperation with European countries in combating disinformation from Russia, China, and Iran. This decision has been called "unilateral disarmament" in the information war.
The European Union has begun consultations on a new package of sanctions, which may include restrictions on third countries, particularly China, due to the purchase of Russian energy resources. This comes amid calls from the US for tougher measures to reduce Moscow's revenues from oil and gas exports.
European Council President António Costa stated that the EU and Donald Trump have stabilized relations. This happened after agreements on defense spending, trade, and cooperation on Ukraine.
After the death of fashion designer Giorgio Armani, the question arose regarding his heir and the future fate of the fashion brand. Although Armani stated about the succession plan, the details remain unknown, causing discussions.
Tesla's board of directors has proposed a new $1 trillion compensation plan to Elon Musk, contingent on achieving ambitious goals. This includes significant growth in market capitalization, sales of millions of cars, and the development of new technologies.
The World Nuclear Association warns of a significant uranium deficit threatening the revival of nuclear energy. Uranium demand will grow to 150,000 tons by 2040, while production at existing mines is declining.
OpenAI plans to introduce its own AI processor in 2026. The project is being implemented in cooperation with Broadcom for internal use.
The Trump administration announced the curtailment of Pentagon programs for training and equipping the armies of Eastern European countries bordering Russia. This decision is intended to force European allies to bear a larger share of the costs of their own defense.
BMW introduces the new iX3 electric crossover on the Neue Klasse platform, featuring "super brains" and software. This is an ambitious attempt to challenge Chinese competitors and Tesla.
The Kremlin denied Russia's involvement in the malfunction of Ursula von der Leyen's plane navigation. Earlier, Russian interference was reported during her visit to Bulgaria.
Ursula von der Leyen's plane, en route to Bulgaria, lost electronic navigation systems during its approach to the airport. The cause is believed to be probable GPS jamming by Russia.
The presidents of Ukraine and the United States will meet in September to discuss international security guarantees. This will be a continuation of the negotiations that took place in Washington.
Donald Trump allegedly proposed involving Chinese troops as peacekeepers in Ukraine after Russian aggression. This concerned controlling a neutral zone along the front line.
The US is introducing new duties on all international parcels, abolishing the de minimis exemption. This decision has caused dissatisfaction among trade partners and postal services, which are suspending shipments to America.
Chinese chipmakers aim to triple their total production of artificial intelligence processors next year. Three new factories, designed to support Huawei, could exceed SMIC's current total output.
The United States is ready to provide intelligence resources and battlefield oversight for any Western security plan for post-war Ukraine. The US will also participate in the country's European air defense shield.
Donald Trump's decision to dismiss Fed Governor Lisa Cook triggered a decline in the US bond market. Investors fear an undermining of trust in financial institutions and accelerating inflation.
Nissan shares fell by 6% after Mercedes-Benz sold its 3. 8% stake in the Japanese automaker. This sale increases pressure on Nissan, which is struggling to implement its recovery plan.
Hunger is returning as a tool of political pressure, with millions dying in Sudan, Afghanistan, Yemen, and the Gaza Strip. Experts state that the international community is failing to respond to the growing crisis.
The European Union is accelerating the launch of the digital euro due to a new US stablecoin law, which has raised concerns about the competitiveness of the European currency. The placement of the digital euro on public blockchain platforms, such as Ethereum or Solana, is being considered.
A Ukrainian citizen, Serhiy K. , has been detained in Italy on suspicion of involvement in the Nord Stream pipeline explosions. He was allegedly on board the sailboat used by the attackers.
Russia insists on a veto right regarding security guarantees for Ukraine, which, according to the Financial Times, will give Moscow effective influence over Kyiv's defense. Ukraine rejects such an idea, which would negate the efforts of the US and allies towards a peace agreement.
Ukraine will not accept any deal, including territorial concessions to Russia, and insists on a ceasefire. Kyiv also rejects Putin's proposal to freeze the front line and demands full compensation for damages.