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AI summaryUS President Donald Trump announced that new negotiations with Iran will begin on Monday after he cancelled a planned large-scale military attack. Iran has denied holding direct talks with the US, saying it is only speaking to Oman about control of the Strait of Hormuz, where the two countries have agreed on shipping route coordinates.
AI summaryActing US Attorney General Todd Blanche issued a formal order Sunday terminating the $1.8bn 'anti-weaponization fund,' a move that follows weeks of negotiations with Republican senators and paves the way for his confirmation. The order also limits the scope of a related tax audit immunity agreement.
AI summaryJapan and the United States conducted a rare coordinated yen-buying intervention to halt the yen's slide to 40-year lows, with officials vowing further action if needed. The intervention, the first joint move since 2011, follows comments by President Trump that the US was helping Japan as a sign of friendship.
AI summaryUS President Donald Trump said he postponed military strikes against Iran at the request of Gulf allies including Saudi Arabia, Qatar, and the UAE, citing an emerging deal. Talks are set for August 3, but Iranian officials have disputed the claims.
AI summaryThe US and Japan have confirmed a rare coordinated intervention to halt the yen's slide after it fell to a 40-year low against the dollar. The move, the first since 2011, briefly lifted the yen to a three-month high. Officials from both countries signalled willingness to intervene again if needed.
AI summaryOil prices fell more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking a quick deal to reopen the Strait of Hormuz. Brent crude slid to around $83.50, while US West Texas Intermediate dropped to near $79.50. The move followed weekend signals of de-escalation, with tanker traffic resuming and OPEC+ approving a production increase.
AI summarySenate leaders unveiled a short-term spending bill to fund the federal government through December 11, aiming to avert a shutdown during the midterm campaign season. The measure, which differs from a House-passed version on border funding and battleship construction, is expected to be voted on before the August recess.
AI summaryBrazilian President Luiz Inacio Lula da Silva formally launched his campaign for a fourth term, vowing to protect national sovereignty and increase defence spending. At 80, he dismissed concerns about his health while facing a challenging election against a backdrop of US tariffs and domestic issues.
AI summaryUS President Donald Trump announced that negotiations with Iran will begin on Monday afternoon, after he called off planned military strikes. Trump said Saudi Arabia, the UAE, Qatar, and Iran had asked him to hold off, citing a potential deal involving the Strait of Hormuz and Iran's nuclear program. Iran has not officially responded, and oil prices fell following the announcement.
AI summaryUS President Donald Trump announced that negotiations with Iran will begin Monday, after the US and Israel agreed to hold off on new strikes to pursue a deal. Meanwhile, Israeli airstrikes in Gaza killed at least 18 Palestinians, and Iran said it is nearing a deal with Oman over a new route through the Strait of Hormuz.
AI summarySenator Bernie Moreno publicly urged his former son-in-law, Representative Max Miller, to resign from Congress over domestic abuse allegations made by Moreno's daughter, Emily. Miller denies the allegations and refuses to step down, while other Republican senators and President Trump have reportedly weighed in.
AI summaryTASS reports that the United States and Ukraine are holding consultations on transferring Patriot air defense missile production technology, but significant industrial and political obstacles remain. A Polish official suggested production could occur in Poland, while US officials caution over the complexity of licensing decisions.
AI summaryTrump Media & Technology Group has launched Truth API, a paid service giving trading firms early access to posts from top Truth Social accounts, including President Trump's. Critics and Democratic lawmakers question whether the service facilitates insider trading, prompting calls for a securities regulator probe.
AI summaryIsraeli air strikes in Gaza killed at least nine people on Sunday, despite US President Donald Trump's announcement of a breakthrough in implementing last year's ceasefire. Israeli Energy Minister Eli Cohen said there is no deal to halt attacks, while Palestinians express skepticism about the peace process.
AI summaryThe US has surpassed last year's record number of measles infections, with 2,318 to 2,371 cases reported by the end of July. Officials warn that declining vaccination rates and large outbreaks in several states put the country at risk of losing its measles-free status, while experts emphasize the need for increased immunization.
AI summaryUS President Donald Trump said he agreed to cancel a planned strike on Iran to pursue a deal, citing requests from Tehran and other Mideast states. Israeli media reported that Iranian Foreign Minister Abbas Araghchi accepted a Qatari compromise on the Strait of Hormuz, but Iran denied any such agreement, vowing to keep the waterway closed while US 'hostile actions' continue.
AI summaryHamas has announced readiness to disarm under a US-brokered plan, but a Palestinian source affiliated with Israeli-backed militias says the plan will not be implemented, while US officials express optimism about initial steps. Disagreements persist over the timeline and conditions for handing over weapons.
AI summaryIsraeli strikes across Gaza have killed at least eight people and damaged hospital medical supply warehouses, according to civil defence and medical sources. The attacks come a day after Hamas agreed to a disarmament deal, with Israel yet to officially comment and a political source demanding genuine disarmament before any withdrawal.
AI summaryAn explosion at an Italian restaurant in central Moscow killed at least three people and injured 21, authorities said. A woman carrying an improvised explosive device was stopped by a security guard before the blast, and Russia has blamed Ukraine, though Kyiv has not commented.
AI summaryNew data shows electric and hybrid vehicles are now approaching half of all new car sales in Australia, driven by the ongoing fuel crisis linked to the war in Iran. Sales of battery electric vehicles have surged, with market share records set in recent months, while the government winds down subsidies and fuel excise relief ends.