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Germany's ruling coalition has agreed on a broad package of tax, labour and pension reforms aimed at reviving Europe's largest economy and countering the far-right AfD's rise. The measures include €10 billion in income tax cuts for lower and middle earners, financed by higher taxes on high incomes, and a gradual increase in the retirement age past 67.
Russia has signaled readiness to facilitate a comprehensive long-term agreement between Iran and the United States, and to support related UN Security Council efforts. Russian diplomats cite their updated collective security concept for the Persian Gulf and recent ceasefire understandings as evidence of progress.
Recent footage shows a segmented electromagnetic launch system for drones, developed in China, being demonstrated. The system, first seen on a cargo vessel, could allow drone launches from ships and complex terrain, and experts suggest it may enable rapid conversion of civilian vessels for military use.
The United States has announced it will not renew the USMCA trade agreement in its current form, citing persistent trade deficits. The pact remains in force but will now face annual reviews, raising uncertainty for businesses across North America.
German opposition figures from the AfD and BSW have called on the government to halt military aid to Ukraine after German prosecutors charged a Ukrainian national over the Nord Stream pipeline sabotage. The party co-chairs also voiced opposition to Ukraine's EU and NATO membership and advocated for renewed diplomacy and Russian gas imports.
Kremlin spokesman Dmitry Peskov addressed the EU's transformation into a military-political-economic bloc, reiterated allegations of Kiev's involvement in Nord Stream sabotage, and detailed Russia's massive retaliatory strike on Ukrainian military facilities. He also discussed Zelensky's legitimacy, Medvedev's role at Khamenei's farewell, and escalating EU-Russia tensions.
French President Emmanuel Macron addressed the 9th World Congress Against the Death Penalty in Paris, warning that abolition is not a settled achievement and expressing alarm over rising executions. He cited statistics showing executions reached a record high since 1981, while 25,000 people live under sentence of death.
Hong Kong's financial regulator reports record assets under management of HK$42.2 trillion last year, with net fund inflows soaring 193%. Southbound Stock Connect purchases hit a record HK$1.19 trillion in the year to March, underscoring renewed mainland investor appetite.
Japan's Prime Minister Sanae Takaichi concluded her first official visit to India, marked by discussions on economic security and strategic cooperation with PM Narendra Modi, the inauguration of a Maruti Suzuki facility, and the announcement of landmark initiatives including an economic partnership framework and a defence pact. China, meanwhile, cautioned that bilateral cooperation should not target any third party.
South Korea's foreign ministry and ruling party have expressed regret over a U.S. House Judiciary Committee report accusing Seoul of discriminatory treatment of Coupang. Officials defend the legal case against the e-commerce giant as lawful and non-discriminatory, while the report claims South Korea's actions violate a bilateral trade agreement.
As Argentina plays in the World Cup, fans from Bangladesh and beyond show their devotion to the team, a passion rooted in Diego Maradona's 1986 triumph and sustained by Lionel Messi. Reports from Al Jazeera and the Buenos Aires Times highlight the lengths fans go to see their heroes, while also noting Bangladesh's own football struggles.
Burkina Faso, Mali and Niger have officially initiated their withdrawal from the International Criminal Court, a process they first signaled in September. The ICC has voiced concern, warning that such departures risk undermining global justice efforts, while the Sahel states have denounced the court as a tool of neocolonial repression.
A new World Bank report assesses Pakistan's fiscal federalism post-18th Amendment, highlighting weaknesses in implementation, provincial spending, and the NFC Award. The report has been praised for its technical rigor but criticized for political naivete by some analysts.
Pakistan's meteorological department has issued alerts for glacial lake outburst floods in Gilgit-Baltistan and Khyber Pakhtunkhwa as above-normal temperatures accelerate glacier melt, threatening over 7.1 million people. Meanwhile, flash floods and mudslides have damaged infrastructure and homes, prompting government action including a new Glaciers Protection Authority.
Iran announced it will use part of its frozen assets in Qatar to purchase goods needed by the country, following talks in Doha. The move comes under a memorandum of understanding that halted the war between Iran and the US, with both sides offering differing details on the amount and purpose of the funds.
Two Russian climbers scaled the Empire State Building's spire, unfurled a peace banner, and staged an apparent marriage proposal before being arrested by New York police. They face charges including burglary and reckless endangerment.
The United States has declined to renew the US-Mexico-Canada Agreement (USMCA) in its current form, missing a July 1 deadline for a 16-year extension. The pact remains in force but will now face annual reviews, creating economic uncertainty across North America as trade officials push for changes.
China's military mouthpiece warned that Japan's largest annual live-fire drill signals an acceleration toward offensive capabilities, as tensions between Beijing and Tokyo remain high following Japanese Prime Minister Sanae Takaichi's comments on potential military action in the Taiwan Strait. The strained ties come amid a complex US-Japan-China triangle, with Beijing adding more Japanese entities to its export-control list and Washington struggling to balance its commitments.
China's new Law on Promoting Ethnic Unity and Progress came into effect on July 1, 2026, aiming to forge a shared national identity among its 55 ethnic minority groups. The law has drawn criticism from rights groups, the UN, Taiwan, and the Australian government, who warn it could threaten minority freedoms and enable transnational repression.
Israel's Defense Ministry Director General Amir Baram outlined a vision for a regional alliance linking India, the UAE, Greece, and Cyprus, as Israel deepens defense ties with India and Greece. The strategy, presented at the Herzliya Conference, aims to counter Iran and is modeled on Israel's multi-layered air defense, with Greece moving toward a major air defense purchase from Israel.