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Description: Japan and the US have agreed on concluding their trade agreement with Trump setting tariffs at 15% on all Japanese imports reduced from the previous 25% with Japan also agreeing to invest additional $550 billion on the US markets. The trade agreement caused markets concerning the automotive industries, agriculture and food markets to surge in Asia as the news was positively received by both investors and manufacturers. Japan has struggled to secure favorable trade conditions with the US, as the negotiations were repeatedly reported as problematic, however, the country solidified its status as one of the largest US trading partners by securing bilaterally favorab
Description: US President Donald Trump finds himself in a battle to save his presidency after mounting public upheaval and negative criticism has emerged over his reluctance to release the files pertaining to Epstein’s trial. In the latest developments, a US District Judge in the West Palm Beach District Court has denied the petition filed by Attorney General Pamela Bondi to disclose transcripts from a grand jury investigation on Jeffrey Epstein in Florida, due to the fact that the petition hasn’t met the extrajudicial requirements for public release. The former partner and Epstein’s girlfriend, Ghislaine Maxwell was also subpoenaed by a House Oversight subcommittee to testi
Description: Indian Prime Minister, Narendra Modi, is on an official visit to the UK where he would meet UK’s Prime Minister, Keir Starmer, and conclude the groundbreaking trade agreement between the two nations. The leaders are also expected to discuss other high priority subjects concerning their respective countries such as defense ties, technological cooperation and security issues. The agreement envisaged contractual provisions such as significant tariff reductions by both sides which would come into effect after the parliaments in both countries rarify the deal in mid-2026. India would reduce tariffs on UK imports on 90% of the products entering the country while the U
Description: Before the China – EU Summit, representatives from the EU Commission have reportedly informed the EU member states that a potential trade deal with the US could be concluded which would include 15% of tariffs on EU exports to its largest strategic partner. Trump previously threatened to impose 30% tariffs on all EU exports to the US which additionally increased pressure on the bloc to rapidly agree towards trade concessions in order to preserve relatively stable relations with the US. EU Trade Commissioner, Maros Sefcovic met with US Commerce Secretary Howard Lutnick, before the Commission’s briefing of the member states regarding the deal. German Chancellor Fri
Description: Australian Prime Minister, Anthony Albanese, has announced that his government completed the second payment installment as part of the AUKUS agreement to the US. He emphasized the importance of the agreement and Australia’s commitment in strengthening its defenses in times of growing threats from China. The US in Apr, launched a review of the AUKUS partnership citing national security interests and foreign policy concerns. AUKUS was signed in 2021 in San Diego and represents a joint defense pact between the US, the UK and Australia aimed at developing Australia’s nuclear powered attack submarine capacities. The second installment was estimated at $525 million wi
Description: Turkey managed to secure the purchase of 40 Eurofighter Typhoon fighter jets from its NATO allies, Germany and the UK. The country is also reportedly negotiating with the US for the purchase of additional 40 F – 16 fighter jets to bolster its defenses and increase the country’s deterrence capabilities. British Defense Secretary, John Healey met with his Turkish counterpart, Yasar Guler in Istanbul where the purchase agreement was signed as the defense officials highlighted the closely collaborated transaction further strengthening their mutual partnerships within the NATO Alliance. Recent developments in the Middle East, such as the 12 – day war between Israel,
Description: Somalia’s fractured government faces yet another challenge as Al Shabab’s resurgence in the country has arrived coupled with intensified clashes between militants pertaining to the five semi – autonomous member states. The latest armed confrontations were focused in Beled Hawo town, in the country’s southern Gedo region in the federal state of Jubaland, where militants were attacked by the Somali army. The army is politically aligned with the government in the capital, Mogadishu, and attempted to overtake control of the province from the local militants which left up to 5 people dead and several injured. The Al – Qaeda aligned terrorist group, Al Shabab has also
Description: Ukraine’s President, Volodymir Zelenskyy, announced that Ukraine has delivered a proposal to Russia to reinstate peace talks on Wednesday, 23 Jul in Istanbul. The proposition was reportedly delivered by Rustem Umerov who stated that Ukraine was awaiting Russia’s response. Kremlin’s spokesperson, Dmitry Peskov, downplayed speculations regarding any concrete breakthroughs as he stated that extensive bilateral diplomatic engagement lays ahead before any timeframe or peace framework could be discussed. The developments follow mounting pressure on Russia to reengage in the peace talks after US President Trump threatened to impose new wave of sanctions and reinforced
Description: The Canadian company, Central European Petroleum (CEP) has announced it uncovered one of the largest oil and gas deposits in Poland’s Baltic basin. The site, deemed Wolin East 1, reportedly contained up to 33 million tons of retrievable crude oil deposits and up to 27 million cubic meters of natural gas. The discovery amounted to as much as 20 times of Poland’s annual oil and gas production and is expected to drive investment opportunities and impact the country’s energy policy which was struggling to introduce potential alternative solutions. The discovery was hailed by Foreign Minister Radoslaw Sikorski and MEP (Minister of European Parliament) Dariusz Jonski,
Description: Thailand has accused Cambodia of violating the Ottawa land mine treaty, after a patrol of Thai solders encountered unexploded land mines which detonated on predetermined patrol routes with Cambodia. Cambodia has disqualified Thailand’s accusations by stating that the country is filled with unexploded ordnance from decades of war and accused Thailand for breaching the previously determined patrol routes and violating Cambodia’s territorial sovereignty. Thailand stated they would increase border patrol capacities and issue a formal condemnation of the incident requesting accountability from Cambodia. Cambodia has emphasized the need for the border dispute to be re