Loading
Description: South Korean trade representatives met with US President Donald Trump in Washington where they managed to conclude a trade deal equivalent to the ones the US introduced with the EU and Japan. Imports in the US from South Korea would be taxed at 15% and a joint investment fund of $350 billion would also be established. Out of the $350 billion expected to be invested by South Korea in the US, $150 billion were planned as direct investment into the shipbuilding industry which currently thrives in South Korea. The White House also announced that South Korean leader, Lee Jae Myung and US President Donald Trump will hold a leaders summit in two weeks’ time where the o
Description: Canada’s Prime Minister, Mark Carney, has announced his country’s plans on recognizing the Palestinian statehood and joining France and the UK in the international initiative on pressuring Israel to stop the war in Gaza and the illegal settlement activities in the West Bank. Carney also stated that Hamas should immediately disarm and disband and renounce all ambitions on having an active role in Palestine’s future government. The move was negatively received by Israel and the US, with President Trump stating that Canada’s recognition of Palestine would significantly impact the ongoing trade negotiations. The announcement was positively received among members of
Description: US President Donald Trump announced the US concluded an oil exploitation agreement with Pakistan which was confirmed by Pakistan’s Deputy Foreign Minister, Ishaq Dar. Details regarding the agreement remained scarce, as Trump further stated the US was reviewing options for selecting an oil company which would handle the operations in Pakistan. The announcement arrives only a day after Trump stated the US would impose 25% tariffs on India and heavily criticized the country’s tariff policies and its trade and military connections with Russia. The agreement was also expected to ease tariff tensions between the countries, with Pakistan facing up to 29% tariffs from t
Description: Myanmar’s military junta has announced that plans have been set to end the state of emergency in the country as elections were scheduled to be held in Dec. The junta’s leader, Min Aung Hlaing stated that electoral preparations in several towns and districts have already begun while the date of the Dec elections would be specified in the upcoming period. The US criticized the junta’s decision and stated that it meant to solidify Hlaing’s leadership position, while China supported the election initiative and stated that Myanmar followed its national political agenda and development plans. The junta held a nationwide census across the country last year but failed t
31 Jul 2025 | Lithuania: Prime Minister Submits Resignation Pressured by Investigations and Scandals
Description: Lithuania’s Prime Minister, Gintautas Paluckas announced his resignation following public pressure from investigations into his businesses and protests calling for his impeachment. The Social Democrat Prime Minister was elected last year, forming a three – party coalition within Lithuania’s Parliament which is now expected to be disbanded. The resignation was prompted by detailed media investigations into his private businesses which forced Lithuania’s law enforcement and anti – corruption bodies to launch separate probes and independent investigations. The Prime Minister was accused of corruption and abuse of power and resigned shortly before the Parliament cal
Description: China’s Cyberspace Administration (CAC) has raised security concerns over Nvidia’s H20 chips, citing data privacy and national security concerns. Nvidia became the centerpiece of the US – China trade dispute as the US recently reversed its decision to ban chip exports to China as part of the initial concession in the trade talks. Nvidia’s CEO, Jensen Huang this month visited China and met with government and company executives in order to raise the company’s profile in the country and incentivize investment opportunities. The regulator called Nvidia’s executives to a meeting where they would have to explain whether the company incorporated backdoor programs as p
Description: Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, hosted Syria’s Foreign Minister, Assad Hassan Al – Shibani in Moscow as the two countries signaled diplomatic rapprochement. Ties between Syria and Russia were significantly degraded since the ouster of Russian – backed President, Bashar Al – Assad, however, Al – Shibani’s visit indicated diplomatic reconciliation. Lavrov restated support for the new Syrian government and officially invited President Ahmed Al Sharaa to attend the first Russia – Arab League summit scheduled to take place in Oct. Lavrov also expressed Russia’s gratitude for Syria’s preservation of the Russian military bases and w
Description: The Russian region of Kamchatka was hit by a massive 8.8 magnitude earthquake which caused regional disaster centers to issue widespread tsunami alerts across coastal US, Japan, Russia and New Zealand. Russian authorities reported that waves of up 4.4 meters caused minimal damage to the shore areas of the peninsula, while other disaster centers such as the Hawaii – based Pacific Tsunami Warning Centre, after issuing regional tsunami alerts reported that the risk towards critical infrastructure and civilian life has been significantly reduced, however, evacuation orders remained in place. In Russia, the Klyuchevskoy volcano erupted pouring volcanic residue on the
Description: The Pentagon has announced that its review of the AUKUS defense partnership agreement between Australia, the UK and the US would be finished within several months, following an extensive investigation into the agreement’s cost effectiveness and its security importance. The Trump administration launched the review in Jun, which was led by the US Under Secretary of Defense, Elbridge Colby. The review prompted Australia to commit towards the second payment installment of $525 million and to conclude a 50 – year defense partnership with the UK, complementary to the AUKUS agreement. Impact: The Trump administration achieved its ultimate goal regardin
Description: Elements within the armed forces of South Sudan and Uganda have initiated armed confrontations which resulted in the death of more than 6 people. Officials from both countries have provided opposing claims with Uganda’s Major General Felix Kulayigye, stating that South Sudanese soldiers have entered Uganda’s territory, set up camp and refused to leave, while South Sudan’s response indicated that Uganda was ready for a prolonged fighting, having tanks and artillery barrages set up along the border region. Uganda in Mar sent negotiators and members of its special forces units to South Sudan in support of the country’s controversial President, Salva Kiir, after old