Global events and international developments affecting markets.
Reporting on international affairs, geopolitical developments, and global economic trends. This category connects world events to their potential impact on financial markets, trade flows, and investor risk perception.
4,474 total articles
Officials in central Taiwan staged a two-day, closed-door resilience exercise in Nantou that simulated a cascading crisis: a Chinese blockade followed by a strong earthquake, propaganda and broadcast hijacking, infrastructure sabotage, bank runs, civil unrest and a full-scale invasion. The drill - attended by more than 370 government and military p…
The U.S. Air Force has announced it will investigate an active-duty officer who publicly called for the impeachment, conviction and removal of President Donald Trump and Vice President JD Vance during a protest on the Capitol steps. Major Jason Watson was seen in video footage denouncing the two leaders for actions including taking military action …
A 42-year-old Los Angeles-area man admitted in federal court to sending fraudulent ransom communications after 84-year-old Nancy Guthrie vanished from her Tucson home. The plea resolves the only criminal conviction linked to her disappearance but leaves the suspected kidnapping unresolved as investigators continue to assess multiple ransom claims a…
A divided panel of the U.S. Court of Appeals for the Fifth Circuit ruled that U.S. Immigration and Customs Enforcement (ICE) cannot hold people beyond 90 days under the Trump administration’s mass detention policy without giving them an opportunity to seek release on bond before an immigration judge. The decision, issued by a New Orleans-based 2-1 …
Hundreds of unmanned aerial vehicles and dozens of missiles struck Kyiv in the early hours of Thursday, killing at least 27 people, wounding scores and damaging about 130 buildings across the city. Ukrainian officials say the attack - which involved an unusually large number of ballistic missiles and a low interception rate - is the deadliest on th…
On July 2, regional officials in eastern Ukraine reported that Russian strikes killed three civilians and wounded several others in separate incidents across multiple regions. Attacks were reported around Nikopol and Synelnykove in Dnipropetrovsk region, in Donetsk region including Oleksandrivka, and in Luhansk region where Moscow-appointed authori…
The U.S. Department of Homeland Security has acknowledged an investigation into a cyber intrusion that targeted an unclassified, legacy information-sharing network. DHS provided limited public detail, while media reporting and unnamed sources indicate the Homeland Security Information Network may have been affected, with the incident possibly occur…
Brazil's federal government will remove its gasoline subsidy over a much shorter timeframe than the diesel subsidy, Planning and Budget Minister Bruno Moretti said on Thursday. The gasoline benefit of 0.44 Brazilian real per liter is expected to be eliminated in the coming days, while the diesel subsidy of 1.12 real per liter will be phased out mor…
A diplomatic note delivered in early July informed the African Union that the United States will stop allowing U.N. logistical and operational support for the AU Support and Stabilisation Mission in Somalia (AUSSOM) after this year. The AU force, nearly 12,000 troops strong, depends on U.N. support for food, water, fuel, medical care and troop tran…
Danmarks Nationalbank carried out foreign-exchange market operations in June to bolster the krone after the currency fell to its weakest level versus the euro in over 25 years. The bank reported net sales of 0.7 billion kroner for settlement in June, an intervention that represents its first use of market operations to strengthen the currency since…
The World Health Organization said the first patient has been enrolled in a treatment trial for the Bundibugyo Ebola outbreak in the Democratic Republic of Congo. The trial will assess Mapp Biopharmaceutical’s experimental MBP134 antibody both alone and in combination with Gilead Sciences’ remdesivir across more than 1,000 patients. WHO chief Dr. T…
Search-and-rescue crews from El Salvador and Chile freed a 44-year-old security guard from the collapsed Galerias Playa Grande mall in La Guaira after more than a week of operations following twin earthquakes. The extraction, which required digging two tunnels to reach the trapped man, was completed on Thursday morning and involved rescue teams fro…
The Vatican has declared that priests and lay members of the Society of St. Pius X are in schism and therefore excommunicated after the group ordained four bishops without papal approval. The decision highlights Pope Leo’s willingness to take decisive action to defend the Church’s post-Vatican II reforms and central papal authority, according to an…
Iranian authorities are organising an extended series of funeral rites across multiple cities and in neighbouring Iraq after the death of Supreme Leader Ayatollah Ali Khamenei in strikes by the United States and Israel. Officials aim to demonstrate popular support for the Islamic Republic through mass processions and coordinated logistics, even as …
The Vatican's doctrinal office has ruled that the Swiss-based Society of St. Pius X and Catholics who formally adhere to it are in schism with the wider Church and are excommunicated following unauthorized episcopal ordinations. The decree states the group cannot validly perform certain sacraments and underscores the pope's exclusive authority to a…
Italy's Economy Minister Giancarlo Giorgetti said the government will not hesitate to intervene if ownership changes at insurance companies risk diverting how large pools of Italian savings are invested. His remarks, delivered at the annual ANIA meeting, come amid potential shifts in control at Generali after banking sector deals that would positio…
Regional authorities reported that a Ukrainian drone struck a tourist bus traveling from Minsk to the Russian Black Sea resort of Anapa, wounding two drivers at the Krasniy Kamen border crossing. The Bryansk regional government said both injuries were minor; there was no immediate response from Ukraine. The incident follows other reported cross-bor…
Iran’s Islamic Revolutionary Guard Corps reported that five members of the banned Democratic Party of Iranian Kurdistan (PDKI) were killed in an ambush in the mountainous border area near Piranshahr in West Azerbaijan province. Norway-based rights group Hengaw said the fighting occurred on Wednesday evening. State media also reported related incide…
Rebels in Indonesia's Highland Papua region say they shot and killed an American pilot, Nicholas F. Gosselin, and torched his aircraft after it landed in Yahukimo. Indonesian authorities confirmed a burned plane with an American pilot and seven Papuan passengers but have not independently verified who carried out the attack or whether the pilot was…
The Upper Tribunal has placed a temporary hold on elements of the Financial Conduct Authority's motor finance compensation scheme following challenges from four commercial parties. The pause suspends obligations to calculate and pay redress or issue compensation communications until the tribunal process concludes, while firms must continue to ident…
The Financial Conduct Authority has launched a consultation proposing simpler, harmonized rules for how investment costs are presented to retail clients. The changes would require firms to show distributor charges alongside product costs using the Consumer Composite Investments format, encourage plain-English disclosures, and introduce requirements…
A pending appeal decision on July 7 will determine whether Marine Le Pen remains eligible to run for the French presidency or whether her party will turn to Jordan Bardella. The verdict follows a March 2025 conviction that imposed a five-year ban from public office and a four-year jail sentence, and has intensified internal debates within the Natio…
Multiple wildfires continued to burn in southern France on July 2 as strong winds and dry conditions complicated suppression efforts. Authorities reported three fires that together have burned 1,210 hectares. The largest blaze, in Aude near the Spanish border, consumed about 900 hectares and required the deployment of roughly 800 firefighters. Near…
A firebomb attack on three homes of local New Democracy figures in Thessaloniki left a 72-year-old woman dead and several people injured. Authorities say the incidents appear coordinated and an anti-terror unit is leading the investigation. The governing party and its youth wing have called for a rally to honour the victim and denounce violence.
The European Union has raised objections to a Chinese law on ethnic unity that came into force this week and contains provisions allowing authorities to hold people abroad legally responsible for actions deemed to undermine ethnic unity or to incite separatism. The EU said the law risks curbing the cultural, linguistic and religious rights of ethni…
