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Donald Trump says there is a 'good chance' Congress passes a bill to tighten sanctions against Russia, though he notes key provisions remain under review. The bill, introduced by a bipartisan group of senators, would impose tariffs on countries purchasing Russian energy and includes measures targeting Russia's defense, energy, and financial sectors.
NASA astronaut Anil Menon and Roscosmos cosmonauts Pyotr Dubrov and Anna Kikina launched aboard a Soyuz MS-29 spacecraft from Kazakhstan, docking with the International Space Station after a three-hour journey. The eight-month mission underscores continued US-Russian cooperation in space despite geopolitical tensions over the Ukraine war.
New York Governor Kathy Hochul has signed an executive order imposing a one-year moratorium on large new data centres, making New York the first US state to do so. The pause aims to address concerns over energy demand, water usage, and environmental impacts, but has drawn sharp criticism from President Donald Trump.
The Pakistan Stock Exchange's benchmark KSE-100 index lost over 6,400 points on Tuesday as equities experienced a massive sell-off, driven by renewed fighting between the United States and Iran. Global oil prices surged to their highest in four weeks, with Brent crude up 3.47% and US WTI crude also rising. Analysts attribute the decline to geopolitical instability, including the US reimposing a naval blockade on Iran and increased attacks in the Strait of Hormuz.
Prime Minister Anthony Albanese has announced a new national framework for artificial intelligence, including a new Office of AI within his department, mandatory standards for data centres' water and power use, and assurances that copyright protections for Australian creatives will not be weakened. The plan, outlined in a speech at the University of Sydney, aims to coordinate government action and establish AI's 'social licence'.
The Trump administration has announced a sweeping campaign against the International Criminal Court, accusing it of posing an 'intolerable threat to US sovereignty.' The EU has pushed back, defending the court's role in prosecuting war crimes and genocide.
President Trump announced the reinstatement of a blockade on Iran in the Strait of Hormuz, imposing a 20% toll on eligible cargo, but reversed the toll the next day. The move highlights the fragile ceasefire and the strategic importance of the waterway, with Iran and the US at odds over control.
China's fourth-ranking official, Wang Huning, will travel to North Korea this week for an official goodwill visit, following a recent meeting between Chinese President Xi Jinping and North Korean Premier Pak Thae-song. The visit underscores continued high-level diplomatic engagement between Beijing and Pyongyang.
Typhoon Bavi has forced over 260,000 people to evacuate in northeastern China's Liaoning province, causing severe flooding and disruptions. The storm, described as the longest-lasting tropical cyclone in the region this year, is approaching Taiwan with winds near 200 kph before a forecast landfall in Fujian, as the region also recovers from Typhoon Maysak's deadly impact.
Australia's women's water polo team, the Stingers, are using the World Cup Finals in Sydney to build on their Paris Olympics silver medal and create a lasting legacy beyond the Games cycle. The event drew over 10,000 spectators, with the team winning bronze after a semifinal loss to the USA.
Japan has acknowledged the need to strengthen its counterintelligence efforts after a New York Times investigation described the country as a 'den of spies' for Russian operations. Parliament has approved legislation to create a centralized intelligence agency, the first since World War II, with advice from Western allies.
Volkswagen has confirmed it is planning to cut up to 100,000 jobs globally as part of a cost-cutting programme, citing high costs and intense competition from Chinese carmakers. The company reported a steep fall in profits and cut its revenue forecast after a sales slump in China, with some reports also detailing a Russian company's offer to hire laid-off employees.
The US government has refunded tens of billions of dollars in tariffs to businesses after the Supreme Court ruled the tariffs illegal. The refunds, which include interest, have reached $80-81 billion, with companies like Nintendo seeking refunds and customers suing for compensation.
Yonhap reports that North Korean state media called for thorough preparations against heavy rainfall, first during the annual monsoon season and then as Typhoon Bavi affected the region. The North’s weather agency issued warnings for up to 200 mm of rain and strong winds through mid-July.
More than 200 economists and AI researchers, including 16 Nobel laureates, have signed an open letter warning that AI could drive an economic transformation larger than the Industrial Revolution. The letter calls for governments and industry to create incentives, guardrails, and institutions to manage the transition, with one organiser noting that 'waiting for certainty means arriving too late.'
According to an OPEC report, Russia was the largest oil supplier to India in May, exporting 2.1 million bpd, and also remained China's top supplier. India's total imports rose month-on-month, while China's declined. In June, India's imports hit a record 4.93 million bpd, with Russia supplying more than half.
Recent satellite imagery and reports indicate North Korea has been reinforcing its side of the Demilitarized Zone with new fences, anti-tank barriers, and minefields, prompting concern from South Korea's Defense Ministry and the UN Command. Analysts suggest the moves are part of a broader effort to test boundaries, emboldened by Pyongyang's alliance with Moscow.
Russia has reported significant increases in agricultural exports across multiple categories in 2026, including record wheat volumes to African countries such as Egypt, Sudan, and Kenya, alongside growth in dairy, ice cream, and grain shipments, according to data from Russian government agencies.
Oil prices surged more than 3% after renewed military strikes between the US and Iran raised concerns about shipments through the Strait of Hormuz. While Iran claims it has closed the strait, US officials and Central Command say it remains open. Gulf oil exports have recovered from May lows but remain below pre-war levels.
A decade after a Hague tribunal ruled China's South China Sea claims had no legal basis, the Philippines is working to turn that legal victory into deterrence, while Beijing has issued a new critique rejecting Manila's claims as 'unlawful'.