News Summary - 07/28/2025

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🎧 Summary Daily News. | 🎧 Summarie Economic & Financial.

EU and US agree trade deal, with 15% tariffs for European exports to America

After tough negotiations in Scotland, US President Donald Trump and EU chief Ursula von der Leyen agreed on a trade deal imposing 15% tariffs on European exports to the US.

Who are the winners and losers in US-EU trade deal?

The US-EU trade deal impacts various groups differently. Carmakers benefit from reduced tariffs, boosting automotive trade. Consumers may see lower prices and more choices. However, some sectors face challenges, and the deal tests European solidarity as member states weigh their individual interests against collective benefits. Overall, the agreement creates both opportunities and tensions among stakeholders.

Thailand and Cambodia agree to 'immediate ceasefire'

US President Donald Trump threatened to halt tariff negotiations until the conflict between Thailand and Cambodia ceased, emphasizing the need for an immediate ceasefire to resume talks.

Google failed to warn 10 million of Turkey earthquake severity

Google reported sending only 469 serious warnings before the 7.8 magnitude earthquake in Turkey, failing to alert about 10 million people about the severity of the disaster.

Five killed in Bangkok market mass shooting

Police in Bangkok are investigating the motive behind a mass shooting at a local market that resulted in five deaths. The incident has raised concerns about public safety in Thailand's capital.

Southern European heatwave fans multiple wildfires

Greece and Turkey are facing multiple wildfires as a severe heatwave hits southern Europe, causing temperatures to soar and complicating firefighting efforts.

American musical satirist Tom Lehrer dies at 97, US media report

Tom Lehrer, a Harvard-trained mathematician known for his darkly humorous and politically satirical songs, has died at age 97, according to US media reports.

Suspect faces terrorism charges in stabbing of 11 at Walmart in Michigan

Investigators have not disclosed a motive for the stabbing attack at a Traverse City Walmart on Saturday afternoon, where 11 people were injured. The suspect faces terrorism charges amid ongoing investigations.

Sewage spill caused deadly train derailment in Germany, police say

A sewage spill led to a deadly train derailment in Germany, resulting in the deaths of the train driver, a rail employee, and a passenger. Additionally, 41 people sustained injuries, according to prosecutors.

More than 40 killed in DR Congo attack linked to Islamic State

Over 40 worshippers were killed during a night vigil in DR Congo when armed men linked to Islamic State stormed the gathering, officials reported.

Astronomer's 'clever' PR move embracing CEO scandal - featuring Gwyneth Paltrow

The company involved in the Coldplay 'kiss cam' scandal responded by releasing a video featuring Chris Martin's ex-wife, Gwyneth Paltrow, as part of a strategic PR move to address the controversy.

Bowen: Israel's aid measures a gesture to allies horrified by Gaza starvation

Israel's recent aid measures appear less about addressing the crisis in Gaza and more about reassuring allies disturbed by the humanitarian situation, signaling a possible acknowledgment of the need to increase support.

BBC uncovers lasting toxic legacy of cargo ship disaster off Sri Lanka

Scientists warn that the 2021 X-Press Pearl cargo ship disaster off Sri Lanka has caused lasting environmental damage. The accident released hazardous substances, leading to prolonged toxic effects on marine life and coastal ecosystems, raising concerns about long-term ecological consequences.

How Trump wants the US to cash in on mineral-rich DR Congo's peace deal

The US president is leading efforts to finalize a deal aimed at ending the prolonged conflict in DR Congo. The agreement focuses on tapping into the country's vast mineral resources, presenting both economic opportunities and challenges amid concerns over the deal's implications.

Ancient site stirs heated political debate on India's past

The Keeladi archaeological site revealed urban settlement remains, sparking intense political debates over historical narratives and cultural heritage in India.

The Caribbean islands that give you a passport if you buy a home

Five Caribbean islands offer citizenship by investment programs where individuals can obtain a passport by purchasing property, with investments starting at $200,000.

The last custodian: A Kashmiri artisan's battle to save a musical legacy

Ghulam Mohammed Zaz, a Kashmiri artisan, worries about the future of the hand-made santoor, a traditional musical instrument. With few apprentices interested, this delicate craft faces extinction, threatening Kashmir’s rich musical heritage.

Europe accused of going soft on Azerbaijan to avoid buying Russian gas

Critics argue that the EU's reliance on Azerbaijan for gas has led to leniency toward President Ilham Aliyev's harsh crackdown on opponents, prioritizing energy security over human rights concerns.

World's thirst for matcha dries up global supplies

Rising global demand for matcha, combined with smaller tea harvests caused by heatwaves and US tariffs on Japanese imports, is driving up matcha prices worldwide.

School-leavers losing their lives for Russia in Putin's war with Ukraine

Despite Russia's claim that 18-year-olds will not be deployed to Ukraine, the BBC reports that many young school-leavers have already been killed fighting in the war.

Tee time with Trump - striking balls and deals over 18 holes

For Donald Trump, golf during his Scotland visit this weekend is more than leisure; it serves as a platform for business deals and political discussions, blending sport with strategy.

​​What is inside the GHF food aid box being distributed in Gaza?

BBC Verify reviews the meals provided in the GHF food aid box distributed in Gaza. Some experts question the nutritional value of these meals, raising concerns about their adequacy in meeting the dietary needs of recipients.

Thais and Cambodians slug it out on social media, as border tensions flare

Social media has become a heated arena for Thais and Cambodians amid ongoing border tensions, with both sides exchanging fierce verbal clashes that reflect deeper disputes between the neighboring countries.

Southern European heatwave fans multiple wildfires

Greece and Turkey face multiple wildfires fueled by a severe heatwave in southern Europe, as soaring temperatures exacerbate fire risks across the region.

Passengers use emergency slides to flee plane fire in US

During takeoff, a fire broke out on a plane, prompting passengers to evacuate using emergency slides. One person was hospitalized following the incident.

'I witnessed war crimes' in Gaza, former worker at GHF aid site tells BBC

A retired US soldier quit working at Gaza Humanitarian Foundation aid hubs, citing witnessing war crimes. He revealed concerns over the operations at these Israel and US-backed centers, highlighting ethical and humanitarian issues during his tenure.

'I'm so tired': Mother of starving Gazan baby speaks to BBC

Hedaya al-Muta'wi shares her struggle as her 18-month-old son Mohammed suffers severe malnutrition amid famine in Gaza, weighing only 6kg.

'All the people are hungry': Voices from Gaza on desperate lack of food

Throughout the week, BBC has reported on the severe food shortages in Gaza, highlighting personal stories of malnourishment and starvation as supplies dwindle amid ongoing restrictions.

Christopher Nolan criticised for filming in occupied Western Sahara city

The Western Sahara international film festival (FiSahara) organisers have condemned Christopher Nolan for filming part of his Odyssey adaptation in Dakhla, a city under Moroccan occupation for 50 years. They warn this could normalise Morocco's long-standing repression. The film, starring Matt Damon and others, is set for release on July 17, 2026.

Eswatini opposition attacks US deal as ‘human trafficking disguised as deportation’

Eswatini's opposition and civil groups condemned the US for deporting five men from Vietnam, Jamaica, Laos, Yemen, and Cuba to their country. The largest opposition party labeled the move "human trafficking disguised as a deportation deal." This comes after the US Supreme Court approved stepped-up deportations to third countries, with the men temporarily held in Eswatini, an absolute monarchy in southern Africa.

UK’s aid cuts ‘will hit children’s education and raise risk of death’

Labour’s plan to cut the UK aid budget from 0.5% to 0.3% of national income will negatively impact African countries, according to a government assessment. The reduction risks harming children’s education and increasing disease and mortality rates, as funds shift to bolster defence spending.

Man rescued trying to reach Spain from Morocco in rubber ring and flippers

A man attempting to reach Spain from Morocco using a rubber ring and flippers was rescued off the Costa del Sol. A family sailing to the Balearic Islands spotted him 13 nautical miles south of BenalmĂĄdena and pulled him from the sea after noticing movement near an oil tanker on 16 July.

Arrested Kenyan activist Boniface Mwangi faces terror charges

Kenyan activist Boniface Mwangi was arrested and accused of "facilitation of terrorist acts" linked to protests last month against President William Ruto’s government. The June 25 demonstration, which Mwangi is connected to, resulted in at least 19 deaths. The protest marked the anniversary of victims of police violence from the previous year.

Missionaries using secret audio devices to evangelise Brazil’s isolated peoples

Missionaries are deploying solar-powered audio devices reciting biblical passages in the Javari valley to reach isolated Indigenous groups like the Korubo. Despite strict Brazilian laws protecting these communities, drones and other tech have been spotted, raising concerns over illegal evangelisation in protected Amazon territories near the Peru border.

Men freed from El Salvador mega-prison endured ‘state-sanctioned torture’, lawyers say

Venezuelan men expelled by the US to El Salvador’s notorious mega-prison suffered “state-sanctioned torture,” including isolation, beatings, and poor conditions, according to their lawyers. One of the 252 men, JosĂ© Manuel Ramos Bastidas, was recently reunited with his family after enduring these brutal hardships.

‘Come with me, Chuck E’: Florida police arrest mascot for credit card fraud as children look on

Florida police arrested Jermell Jones, a Chuck E Cheese employee, for credit card fraud after a stolen card was found in his possession. The arrest occurred while Jones was still wearing the mascot costume, leading police to handcuff and escort him away as children watched. He faces three felony charges linked to the incident at the family entertainment center.

Five Canadian hockey players found not guilty in blockbuster sexual assault trial

Five former members of Canada’s 2018 world junior hockey team were acquitted of sexual assault charges after a judge ruled the complainant’s evidence was not credible. The trial, which sparked national debate on consent and hockey culture, ended with Justice Maria Carroccia stating the Crown failed to prove the charges beyond a reasonable doubt. All accused were found not guilty on all counts.

World’s smallest snake rediscovered in Barbados 20 years after last sighting

The Barbados threadsnake, the world's smallest snake measuring just 10cm and feared extinct, was rediscovered during an ecological survey in March. Found under a rock in central Barbados, the rediscovery offers hope for conservation efforts led by the environment ministry and Re:wild.

Thailand and Cambodia agree to ‘immediate and unconditional’ ceasefire

Thailand and Cambodia have agreed to an immediate and unconditional ceasefire after talks hosted by Malaysian PM Anwar Ibrahim, aiming to end the worst border fighting in over a decade. Both sides reached a common understanding to halt hostilities starting midnight local time on Monday.

New Zealand attorney general warns her government’s electoral reform could breach human rights law

New Zealand's Attorney General Judith Collins warned that the government's proposed electoral reforms might violate human rights law and disenfranchise over 100,000 voters, including Māori. Despite this, Prime Minister Christopher Luxon defended the changes, which include earlier voter enrolment cutoff, a ban on prisoner voting, and restrictions on providing freebies near polling stations.

The hunt for the next Dalai Lama - podcast

The Dalai Lama, 90, discusses his succession amid a growing conflict between Tibetan Buddhist monks and the Chinese state. Since his selection as a toddler in 1937, Tibet has undergone major changes, including Chinese invasion and exile of its spiritual leaders to India, making the future of Tibetan Buddhism uncertain.

Moscow starts direct flights to North Korea amid decline in options for Russian tourists

Russia’s Nordwind Airlines has launched monthly direct flights from Moscow to Pyongyang, marking the first such route amid closer Russia-North Korea ties. The inaugural flight departed Sheremetyevo airport Sunday, offering a new travel option as other international routes for Russian tourists dwindle.

Thailand and Cambodia hold peace talks as Trump urges them to settle differences

Thailand and Cambodia's prime ministers met in Malaysia to negotiate an end to deadly border clashes causing over 35 deaths and displacing 270,000. The fighting, the worst in over a decade, persisted into the fifth day before talks. Donald Trump urged both nations to resolve their disputes, warning he might pause trade deals if violence continued.

Australian-Palestinian MP says his people are always made to be ‘strangers in their own homes’

Newly elected Labor MP Basem Abdo urged the Australian government in his first speech to commit to international law, human rights, and peace. Drawing on his Palestinian heritage, he highlighted the intergenerational dispossession and displacement of Palestinians, describing how they are perpetually made to feel like strangers in their own homes.

‘A huge human cost’: Labor criticised over delays to aged care reforms as waitlist grows

Labor faces criticism over delays to aged care reforms as the Senate votes for an inquiry into the growing waitlist for home care packages. Calls intensify for urgent funding of 20,000 extra packages amid concerns the current system is leaving poorer elderly Australians without needed support. The aged care minister has rejected calls to accelerate these additional packages despite mounting pressure.

Senate votes down Hanson push to scrap net zero by 2050 policy – as it happened

The Senate rejected Pauline Hanson’s attempt to abolish Australia’s net zero emissions target for 2050. Meanwhile, Australia won’t receive Aukus nuclear submarines without increased US shipbuilding, and the government won't include Taiwan in Exercise Talisman Sabre, emphasizing regional stability and no unilateral changes to China-Taiwan relations.

Trial to remove shark nets from three Sydney and Central Coast beaches a good first step, scientists say

Scientists praise NSW government's trial to remove shark nets from three beaches, highlighting that nets give a false sense of safety and fail to prevent shark bites. Experts also condemn their "indiscriminate" killing of marine life, likening the nets to ineffective barriers that do little to protect swimmers. The move is seen as a positive initial step toward better shark management.

Australia won’t receive Aukus nuclear submarines unless US doubles shipbuilding, admiral warns

Admiral Daryl Caudle told the US Senate that America must double its Virginia-class submarine production to supply Australia, as current capacity prioritizes US defense. Former PM Malcolm Turnbull expressed doubt that Australia will gain control of these subs, citing limited US shipbuilding capability and no quick solutions to expand it.

Trump gives Russia ‘10 or 12’ days to move on Ukraine as ‘no progress made’ – Europe live

During a visit to Scotland, US President Trump expressed disappointment with Vladimir Putin and set a 10-12 day deadline for Russia to act on Ukraine, citing no progress so far. Europe's largest economy showed mixed reactions to the Trump tariff deal made in Scotland, with some relieved to have concrete terms, while others, including German MPs and economists, urged caution due to Trump's unpredictability.

US-EU trade deal is a ‘dark day’ for Europe, says French PM

The new US-EU trade deal, announced by Trump and von der Leyen, imposes a 15% tariff on European exports, triple the current 4.8% average. French PM François Bayrou criticized the deal as a "dark day" for Europe, accusing the EU of capitulating to Trump’s tariff threats and submitting rather than defending common interests and values.

Russia’s Aeroflot cancels flights after pro-Ukraine hackers claim cyber-attack

Russia's Aeroflot cancelled over 50 flights and delayed 10 more after the pro-Ukraine hacking group Silent Crow claimed responsibility for a cyber-attack. The airline gave no details on the cause or resolution timeline. Flight disruptions occurred at Moscow’s Sheremetyevo airport during a busy holiday period for Russians.

Weather tracker: Cooldown in sight for south-east Europe after scorching heatwave

After a severe heatwave with temperatures exceeding 40°C across the Balkans and a record 50.5°C in Turkey, south-east Europe is set for relief. A refreshing northerly airmass is arriving, bringing a sharp end to the extreme heat and providing respite for residents and firefighters.

Trump and von der Leyen announce US-EU trade deal

Donald Trump and EU Commission chief Ursula von der Leyen announced a trade deal after 4 months of negotiations, imposing a 15% tariff on most EU exports to the US—half the initially threatened rate. The agreement, confirmed at talks in Scotland, aims to prevent a transatlantic trade war.

Aid deliveries a ‘drop in the ocean’ amid Gaza’s desperate hunger, UN says, as Israel resumes military pause – Israel-Gaza war live

The UN warns that vast amounts of aid are urgently needed to prevent a catastrophic health crisis in Gaza. Since dawn, at least 43 Palestinians, including nine seeking aid, have been killed. Over 1,000 people have died during two months of Israeli fire near aid distribution sites. Despite Israel resuming a military pause to allow aid, deliveries remain insufficient to stop the famine.

Israel committing genocide in Gaza, say Israel-based human rights groups

Israeli human rights groups B’Tselem and Physicians for Human Rights accuse Israel of committing genocide against Palestinians in Gaza by deliberately targeting civilians based on their identity, causing severe and lasting harm. They call on Israel’s allies to fulfill their legal and moral responsibilities to intervene and stop these actions.

Middle East crisis live: malnutrition in Gaza on ‘dangerous trajectory’, says WHO, as airdrops of aid begin – as it happened

WHO urges sustained food aid to Gaza amid a dangerous rise in malnutrition. Israeli forces paused military activity, but at least 13 Palestinians, including two children, were reportedly killed near aid distribution centers in Gaza. The situation remains dire as humanitarian access continues under threat while efforts to deliver aid increase.

Palestinians wary as Israel begins military pauses to allow ‘minimal’ aid into Gaza

Israel has started 10-hour daily pauses in fighting in three Gaza areas to permit limited aid delivery, described by Netanyahu as "minimal." Palestinians remain cautious amid a severe humanitarian crisis caused by an Israeli blockade, with thousands suffering starvation and malnutrition. The World Food Programme reports critical malnutrition affecting 90,000 women and children, with many going days without food.

Keir Starmer to urge Trump to resume US role in Gaza ceasefire talks

Keir Starmer plans to urge Donald Trump to revive ceasefire talks between Israel and Hamas during their meeting amid growing concerns over Gaza's starvation crisis. The UK PM hopes Trump will push for peace negotiations after the US and Israel withdrew their teams from talks in Qatar. No 10 sources say Starmer is "horrified" by the crisis and wants US involvement to help end the suffering.

Mother of British victim of Air India crash left ‘heartbroken’ by casket error

Amanda Donaghey, mother of a British victim in the Air India crash near Ahmedabad, said her family is "heartbroken" after the wrong remains were sent to the UK. Despite providing DNA samples, the casket contained remains of another victim. The crash of the Boeing 787 Dreamliner on 12 June killed 241 people shortly after takeoff.

Indian film company to rerelease romantic drama with AI ‘happy ending’

The 2013 Hindi film Raanjhanaa, about a doomed Hindu-Muslim romance, is being rereleased on August 1 as Ambikapathy with an AI-generated happy ending. The director was not consulted and expressed heartbreak over the changes, marking a possible first in global cinema where AI alters a film's conclusion without the filmmaker's involvement.

Indian FA confirms job applications from Xavi and Guardiola were hoaxes

The All India Football Federation revealed that job applications attributed to Xavi HernĂĄndez and Pep Guardiola for the India head coach role were not genuine. Despite earlier reports and a team director mentioning Xavi's interest, the FA confirmed these email applications were hoaxes, dismissing their candidacies as false.

Indian police arrest man accused of running fake embassy

Indian police arrested a man near Delhi for running a fake embassy from a rented home, claiming to be an ambassador for entities like ‘Seborga’ and ‘Westarctica.’ He reportedly scammed people by promising overseas jobs and possessed cars with fake diplomatic plates, according to Uttar Pradesh special taskforce officer Sushil Ghule.

British families ‘sent wrong remains’ after loved ones killed in Air India crash

British families affected by the Air India crash learned that victims' remains were misidentified, with body parts from multiple individuals mixed in single coffins. One family had to cancel funeral plans after discovering their loved one’s coffin contained an unknown passenger, raising serious concerns over the handling and identification of remains.

Woman admits manslaughter of daughter, two, who was found in Hampshire pond

Alice Mackey pleaded guilty to the manslaughter of her two-year-old daughter, Annabel, who was found dead in a pond after going missing from their Kingsley home. The court accepted a not guilty plea to murder due to diminished responsibility at the time of Annabel’s death. The case was heard at Winchester crown court.

Trump says he knows ‘nothing’ about small boats - but claims most people arriving on them probably ‘bad people’ – UK politics live

Scotland's First Minister John Swinney urges the SNP to seek a majority in next year's Holyrood elections to secure a second independence referendum. He highlights the importance of tariffs, especially for scotch whisky, and calls for immediate humanitarian aid and a ceasefire in Gaza. Swinney suggests Trump is uniquely positioned to pressure Israel to allow safe passage for aid amid the ongoing conflict.

Angela Rayner: No 10 officials guilty of ‘self-harm’ by briefing against ministers

Deputy PM Angela Rayner condemned anonymous No 10 officials for briefing negatively against senior ministers, especially women, warning such actions amount to "self-harm." She defended herself and colleagues amid rumors of potential cabinet reshuffles and dismissals fueled by damaging leaks.

Starmer and Reeves should prepare UK for wealth tax, say top economists

Leading economists, including Thomas Piketty, urge Keir Starmer and Rachel Reeves to use the autumn budget to prepare for a wealth tax aimed at addressing extreme inequality. They argue the tax could raise tens of billions of pounds and position the UK as a global progressive leader.

Trump says he does not endorse Netanyahu’s claim there is no starvation in Gaza

Donald Trump stated he believes famine exists in Gaza and urged Israel to consider alternative approaches to aid delivery. Speaking in South Ayrshire, he emphasized the urgent need for food and safety in Gaza and expressed his desire to restart ceasefire talks.

Trump claims he isn’t ‘overly interested’ in Epstein saga and hasn’t been asked for a Ghislaine Maxwell pardon – US politics live

President Trump downplays his involvement in the Epstein case and denies receiving any pardon requests for Ghislaine Maxwell amid ongoing controversy. Meanwhile, the US continues to work on its EU trade deal, addressing issues like steel and digital taxes, while also advancing talks with China and India, according to the US trade representative.

Republican Nancy Mace says she likes to watch videos of Ice detaining people

Republican Congresswoman Nancy Mace expressed that she enjoys watching videos of ICE agents detaining people in court, calling it "more American." She shared this during a Fox Report Weekend appearance, emphasizing her support for ICE actions against undocumented immigrants.

Boeing fighter jet workers poised to strike after rejecting contract offer

Over 3,200 union workers at three St Louis-area Boeing plants are set to strike after overwhelmingly rejecting a contract offering a 20% wage increase over four years. The existing contract expired Sunday night, but a cooling off period delays the strike until August 4.

Three people killed after a small airplane crashed off California coast

Three people died after a small plane crashed into the ocean about 300 yards off Point Pinos, Monterey County. Witnesses heard the engine rev and a splash. Emergency crews recovered the bodies following the Saturday night incident, according to the US Coast Guard.

Dropped cases against LA protesters reveal false claims from federal agents

Federal records expose false and misleading testimony by US immigration officers during LA protests in June. At least eight felony charges, based on inaccurate officer reports, were dismissed. DHS agents misrepresented events, including wrongly accusing protesters and naming incorrect defendants, undermining high-profile cases promoted by the attorney general.

A journalist who travelled to Milan to cover the Valencia-Atalanta match tested positive for coronavirus

It is the second confirmed case in the community and the fifteenth in Spain since Monday, after a journalist who travelled to Milan to cover the Valencia-Atalanta match.

Map of the spread and keys to understanding the Wuhan coronavirus

The article explains what the Wuhan Coronavirus is, how it is transmitted, identifies the most vulnerable populations and details the global extent of transmission, providing a clear picture of the pandemic and its implications.

Italian tourism suffers; Spain looks on expectantly

The Venice hotel employers' association warns that the tourism sector is "on the verge of collapse" due to the current difficulties, while Spain looks expectantly at the evolution of the market.

"The magnitude of the coronavirus problem will be no different to the flu".

Ángel Gil de Miguel, Professor of Preventive Medicine and Public Health, assures that the impact of the coronavirus will not be greater than that of a flu, sending a message of reassurance to the population.

Six Italians locked up twice over

The travel companions of the four positive Italians in the Canary Islands are isolated from the rest of the tourists in a quarantined hotel to prevent the spread of the virus.

Trump names Vice President Pence in charge of coronavirus crisis

The CDC confirmed the first case of coronavirus of unknown origin in Northern California. The patient has not travelled abroad or had contact with confirmed cases, indicating possible community transmission.

Wuhan coronavirus: Japan to close all schools until the end of March

South Korea, with nearly 1,600 cases of the coronavirus, and the US have decided to postpone joint military exercises to avoid contagion, while Japan is closing all its schools until the end of March to stop the spread of the virus.

The Government clears the first hurdle of the Budget thanks to ERC

The Government managed to overcome the first key vote on the general budget thanks to the support of ERC, despite the vote against by Junts per Catalunya, which has outraged the Republicans.

After a three-hour meeting, the Government and the Generalitat agreed that the dialogue roundtable will meet monthly. They also agreed that the agreements reached will be framed within the framework of legal certainty, seeking continued and respectful collaboration between both parties in order to make progress in their negotiations.

How the polls are progressing in Galicia and the Basque Country

Kiko Llaneras presents the latest election polls in Galicia and the Basque Country, along with updated data on the coronavirus in this Wednesday's newsletter.

Ciudadanos paid a salary to a member of the Central Electoral Board who resolved party appeals

Andrés Betancor, a member of the Central Electoral Board, received a salary from Ciudadanos while advising the party in Congress and resolving electoral appeals related to the party.

50 former European ministers and leaders speak out against Trump's Palestine plan

Fifty former European ministers and leaders expressed their rejection of Trump's peace plan for Palestine, reflecting a widespread rejection in the international community of the White House-led initiative.

PlĂĄcido Domingo cancelled his performances at the Teatro Real before the theatre cancelled them.

Plácido Domingo cancelled his performances at the Teatro Real before the institution cancelled them. In addition, the Úbeda festival will not include his participation, and the Palau de les Arts has decided to remove his name from a centre, reflecting the controversies surrounding the tenor.

How our European neighbours are managing the expansion of Airbnb

Cities such as Paris, Rome and Berlin are using different approaches to control the impact of Airbnb on their tourism and real estate markets, balancing tourism development with the protection of local housing.

Prosecutor's office files lawsuit against woman for tweeting fake video of migrant minors

The Public Prosecutor's Office has filed a complaint against a woman who tweeted a fake video of migrant children attacking a teacher, clarifying that the incident took place in Brazil, not Spain.

China reveals what the hidden face of the Moon is made of

China's Yutu-2 probe has obtained the most detailed radar images of the interior of the hidden face of the Moon. These new images provide unprecedented information on the moon's composition and structure, helping to better understand the geology and evolution of Earth's natural satellite.

Especial EL PAÍS en Arco | Muntadas: “La sociedad ha degradado las palabras”

Muntadas discusses how society has diminished the value of words, reflecting on language's evolving role in communication and culture. He highlights the importance of critical thinking to reclaim meaning and encourages deeper reflection on how words shape social realities amid contemporary challenges.

The history of Duralex, tableware as unbreakable as our nostalgia

Duralex dinnerware, a French symbol of durability, has transcended its everyday use to become a collector's item exhibited in museums, reflecting the nostalgia and cultural value it has acquired over time.

Why do mosquitoes prey on our ankles?

Mosquitoes are attracted to the smell of lactic acid emanating from the feet, which varies from person to person and is especially concentrated in the ankles, making them a frequent target of these insects.

Fnac customers who bought a mobile phone 575 euros cheaper due to a mistake were proved right by the Consumer Affairs Department

Fnac mistakenly offered a high-end Huawei mobile phone at 124 euros instead of 699 euros, receiving 12,000 orders which it then cancelled. Consumo has ruled in favour of the customers, recognising their right to purchase despite the price error.

Javier Bardem: "Today there is a Hernån Cortés in Congress".

Javier Bardem presents his film 'The Roads Not Taken' in Berlin and travels to Mexico to film the Amazon series about Hernån Cortés, produced by Steven Spielberg.

Trump says he believes Powell is ready to start lowering rates

On Friday, Trump voiced confidence that the Federal Reserve is prepared to begin cutting interest rates. This statement came a day after his meeting with Fed Chair Jerome Powell.

Textiles to whisky: U.K.–India 'historic' deal is set to boost bilateral trade by over $34 billion a year

Indian Prime Minister Narendra Modi and UK Prime Minister Keir Starmer signed a historic trade deal aimed at boosting bilateral trade between the two nations by over $34 billion annually, covering sectors from textiles to whisky.

European Central Bank holds interest rates as tariff turmoil keeps policymakers on edge

The European Central Bank has paused interest rate hikes for the first time this year, citing inflation stabilizing near its 2% target, amid ongoing concerns over tariff-related economic uncertainties that continue to influence policy decisions.

Trump's aluminum tariffs may be sparking a green recycling boom — unintentionally

Trump's aluminum tariffs, while protectionist and seemingly opposing environmental aims, are unintentionally encouraging the recycling of millions of tonnes of scrap metal. This shift is creating a stronger economic incentive for recycling, aligning with green goals by reducing reliance on raw metal imports.

El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence

El-Erian, president of Queens' College, Cambridge, expressed a minority view opposing Wall Street by stating that Federal Reserve Chair Jerome Powell should resign to protect the Fed's independence.

Treasury Secretary Bessent calls for a review of 'the entire' Federal Reserve

Treasury Secretary Bessent proposed a comprehensive review of the Federal Reserve, extending beyond recent disputes about building renovations.

Brexit made businesses abandon the UK. Trump's hefty EU tariffs could bring them back

President Trump's threatened 30% tariffs on the EU may encourage some businesses to reconsider the UK as a base, potentially offsetting prior losses caused by Brexit-related departures.

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters

EU exporters, including Irish whiskey and Italian cheese producers, warn that a proposed 30% tariff by the Trump administration could lead to a lose-lose situation, risking significant economic harm and market disruption on both sides.

Inflation outlook tumbles to pre-tariff levels in latest University of Michigan survey

Consumers' concerns about inflation driven by tariffs have eased, returning to levels seen before tariff impacts. However, many remain cautious about potential future price hikes.

Israel's stock market outperforms Middle East counterparts despite multi-front wars

Israel's stock market has gained strength due to substantial foreign investment and boosted investor confidence after its 12-day conflict with Iran, outperforming other Middle East markets despite ongoing regional tensions.

Kevin Warsh touts 'regime change' at Fed and calls for partnership with Treasury

Kevin Warsh urged major reforms in the Federal Reserve's operations and advocated for a closer policy collaboration between the Fed and the Treasury Department to enhance economic management.

Trump denies that he plans to fire Powell: 'Highly unlikely'

Following the Supreme Court's indication that President Trump lacks authority to arbitrarily fire Fed Chair Jerome Powell, Trump denied plans to remove him, calling such action "highly unlikely."

Wholesale inflation measure was unchanged in June

The producer price index for June remained flat, missing the Dow Jones consensus estimate of a 0.2% increase.

UK inflation hits hotter-than-expected 3.6% in June

UK inflation unexpectedly rose to 3.6% in June, surpassing economists' forecasts of 3.4% according to a Reuters poll. This indicates a hotter-than-expected rise in consumer prices over the past year.

Inflation picks up again in June, rising at 2.7% annual rate

The consumer price index for June rose by 2.7% compared to the previous year, meeting the Dow Jones consensus estimate and indicating a renewed uptick in inflation.

Inflation report Tuesday should provide clues on the impact tariffs are having on prices

June's inflation report is expected to offer insights into how tariffs are influencing prices, with a focus on underlying data rather than just headline figures.

India's inflation cools to 2.1% in June, extending slide to more than 6-year lows

India's inflation rate fell to 2.1% in June, marking the lowest level in over six years. The decline reflects easing food and fuel prices, helping to extend the downward trend. This easing inflation is expected to support consumer spending and economic recovery amid global uncertainties.

Treasury posts unexpected surplus in June as tariff receipts surge

In June, the Treasury recorded a surprising surplus of over $27 billion, a significant turnaround from May's $316 billion deficit, driven by a surge in tariff receipts.

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

President Donald Trump announced a 35% tariff on Canadian imports effective August 1, escalating trade tensions. He warned that if Canada responds with retaliatory measures, the U.S. could impose even higher tariffs.

Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows

Concerns that President Trump's tariffs would cause a significant inflation surge have eased, with inflation expectations now returning to levels seen before the tariffs were announced, according to a New York Fed survey.

Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies

Trump announced that the U.S. will begin sending letters outlining tariff rates and agreements with trading partners starting Monday, signaling potential extra tariffs on countries adopting 'Anti-American' BRICS policies.

Here's where the jobs are for June 2025 — government sector leads the way

In June 2025, the U.S. labor market saw growth primarily driven by state and local government job additions, highlighting the government sector as the leading area for employment gains.

U.S. payrolls increased by 147,000 in June, more than expected

U.S. nonfarm payrolls rose by 147,000 in June, exceeding the expected increase of 110,000. The unemployment rate was predicted to climb to 4.3%.

With June jobs report looming, DOGE government layoffs could start becoming a factor

Hiring and job openings are gradually declining as hundreds of thousands of federal workers begin seeking new employment, signaling that government layoffs could impact upcoming job reports.

The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

ADP reported that the private sector lost 33,000 jobs in June, falling significantly short of economists' forecasts, which had anticipated an increase of 100,000 jobs according to a Dow Jones poll.

Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows

The PCE price index, the Federal Reserve's preferred inflation measure, increased more than expected in May, with the core inflation rate rising to 2.7%. This exceeded the Dow Jones consensus projections of a 0.1% monthly rise and a 2.3% annual inflation rate, indicating persistent inflationary pressures.

Fed Governor Bowman favors July interest rate cut if inflation stays low

Fed Governor Bowman indicated that tariffs will likely have a temporary and limited effect on prices. She supports a potential interest rate cut in July, contingent on inflation remaining low.

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

The Fed is expected to hold interest rates steady, but its meeting will include key forecasts that may impact market sentiment and cause notable reactions despite no rate changes.

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back

Retail sales dropped 0.9% in May, surpassing expectations for a decline. The decrease was driven by reduced consumer spending, particularly on gas, amid growing economic uncertainty.

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

The University of Michigan's Surveys of Consumers revealed a significant rebound in consumer sentiment, surpassing expectations and signaling recovery from earlier tariff-related concerns.

Stocks making big premarket moves: Cheniere Energy, Nike, Kratos, ASML and more

Several stocks, including Cheniere Energy, Nike, Kratos, and ASML, experienced notable price changes in early Monday trading, reflecting active premarket market movements.

China's latest AI model claims to be even cheaper to use than DeepSeek

Startup Z.ai, formerly Zhipu, unveiled a new low-cost AI model, aiming to enhance affordability amid China's competitive AI landscape. This move highlights the nation's push to lead in advanced AI technologies.

Quantum computing firm IonQ hires former JPMorgan Chase applied research head

IonQ, a leading pure-play quantum computing company, has hired the former head of applied research at JPMorgan Chase. The firm, along with competitors Rigetti and D-Wave, has experienced significant stock growth over the past year.

Where is Nvidia? Chinese rivals take the limelight at major AI event in Shanghai

Nvidia was absent from the World AI Conference in Shanghai, lacking a booth despite attempts to sell its older H20 chip to China. Meanwhile, Chinese competitors dominated the event, highlighting their growing presence in the AI sector.

‘This market is pricing in perfection,’ warns Verdence Capital CIO as tariff deadline looms

Despite record market highs, Verdence Capital CIO Megan Horneman cautions that the market is overly optimistic, pricing in ideal conditions. She warns that the upcoming tariff deadline could trigger volatility, as current valuations may not reflect potential risks ahead.

Two brokers vie to be Asia’s Robinhood as Hong Kong expands crypto support

Hong Kong's new stablecoin bill, effective Friday, is sparking enthusiasm among stock analysts who foresee significant growth in Asian crypto trading. This regulatory change is encouraging brokers to compete for dominance in the region's expanding digital asset market.

Media trailblazer Tom Rogers changes ‘raging bull’ stance on Netflix, sees worrisome signs

Former NBC Cable President Tom Rogers, once a strong Netflix supporter, now expresses concerns about the streaming giant's future amid intense competition. He highlights emerging challenges Netflix faces in maintaining its market dominance.

China releases AI action plan days after the U.S. as global tech race heats up

China unveiled a global AI action plan emphasizing international cooperation in technology development and regulation, announced shortly after the U.S. released its own strategy, highlighting increasing competition in the global tech landscape.

Stocks making the biggest moves midday: Tesla, Intel, Deckers, Charter Communications and more

Several stocks are experiencing significant price changes during midday trading, including Tesla, Intel, Deckers, and Charter Communications, among others. Market activity indicates notable volatility and investor interest in these companies.

Stocks making the biggest moves premarket: Intel, Centene, Deckers, Paramount and more

Several stocks, including Intel, Centene, Deckers, and Paramount, are seeing significant price changes in premarket trading, indicating notable investor activity ahead of the market open.

Stocks making the biggest moves after hours: Intel, Deckers, Boston Beer and more

Several stocks, including Intel, Deckers, and Boston Beer, saw significant price changes in after-hours trading, reflecting investor reactions to recent company news and market developments.

Stocks making the biggest moves midday: Tesla, IBM, Union Pacific, American Eagle Outfitters and more

Tesla, IBM, Union Pacific, and American Eagle Outfitters are among the stocks experiencing the largest price movements during midday trading, reflecting significant market activity and investor interest.

Stocks making the biggest moves premarket: Chipotle, Tesla, ServiceNow, Las Vegas Sands and more

Several stocks, including Chipotle, Tesla, ServiceNow, and Las Vegas Sands, are experiencing significant price changes in premarket trading, reflecting investor reactions to recent news and earnings reports.

Deutsche Bank shares gain 9% after second-quarter profit beat

Deutsche Bank shares rose 9% following a stronger-than-expected second-quarter profit. The bank highlighted that the euro's relative strength against the U.S. dollar influenced its financial results.

Estonia's tech elite are getting behind a European challenger to Robinhood

Estonia's leading tech entrepreneurs, including Bolt CEO Markus Villig, are investing in Lightyear, a European trading app aiming to challenge Robinhood's market presence.

Stocks making the biggest moves after hours: ServiceNow, IBM, Chipotle Mexican Grill and more

Several stocks, including ServiceNow, IBM, and Chipotle Mexican Grill, are seeing significant price movements after market hours. Investors are reacting to earnings reports and company news, influencing the after-hours trading session.

Stocks making the biggest moves midday: GE Vernova, Texas Instruments, Krispy Kreme and more

Several companies, including GE Vernova, Texas Instruments, and Krispy Kreme, are driving notable activity in midday trading, drawing investor attention with significant stock movements.

Jim Cramer is betting big on a financial stock that is seeking 'global domination'

Capital One shares reached a record high after the company reported strong quarterly earnings, drawing attention from investors like Jim Cramer, who sees significant growth potential as the financial firm aims for global expansion.

Meme screen: Heavily shorted small stocks that are starting to rip this week

CNBC identified U.S. stocks with high short interest and low prices that are gaining momentum this week, signaling potential new meme stock candidates.

GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up

Retail traders from Reddit targeted GoPro and Krispy Kreme stocks on Wednesday, fueling Wall Street speculation and meme stock momentum.

Stocks making the biggest moves premarket: Hasbro, Texas Instruments, Hilton, AT&T and more

Several companies, including Hasbro, Texas Instruments, Hilton, and AT&T, are drawing attention with notable premarket stock movements ahead of the trading day.

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

Goldman Sachs and BNY have partnered to enable BNY clients to invest in money market funds with ownership recorded on Goldman’s blockchain platform, aiming to modernize the $7.1 trillion money market industry through digital tokenization.

From robotaxis to rockets: Morningstar rated these two ETFs as top performers. How they're positioning right now

Ark Invest's Brett Winton secured the top two spots on Morningstar's best performing ETFs last quarter and aims to repeat this success with current strategic positions.

China’s tech talent are making big strides — they're creating apps for the world

Lovart, a new AI design tool, was developed by a team featuring the former China head of CapCut. This highlights China's growing influence in creating innovative apps with global appeal.

Capital One shares climb as investors buy into the vision of its future with Discover

While quarterly results are mixed, investors remain optimistic about the long-term advantages of Capital One owning Discover, driving shares higher.

Stocks making the biggest moves after hours: Texas Instruments, Enphase Energy, Cal-Maine Foods and more

Several stocks, including Texas Instruments, Enphase Energy, and Cal-Maine Foods, saw significant price changes in after-hours trading, indicating notable market activity and investor response following the regular session.

Trump backs further away from firing Powell: 'He's going to be out pretty soon anyway'

President Trump criticized Federal Reserve Chair Jerome Powell for being politically motivated and slow to adjust interest rates, nicknaming him "too late." Despite this, Trump has distanced himself from directly calling for Powell's firing, suggesting Powell will leave his position soon regardless.

Stocks making the biggest moves midday: Kohl's, General Motors, Lockheed Martin, Medpace and more

Several stocks saw significant activity in midday trading, including Kohl's, General Motors, Lockheed Martin, and Medpace, among others, reflecting notable market movement.

Bessent says Powell doesn't need to resign but should conduct internal review

Despite heavy criticism from the Trump administration, Powell has shown no intention of resigning. Bessent suggests that while Powell need not step down, he should carry out an internal review.

Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover

Warren Buffett denied reports that Berkshire Hathaway's BNSF railroad hired Goldman Sachs for a takeover. In a phone interview with CNBC, Buffett stated that neither he nor Berkshire executive Greg Abel had been contacted by Goldman.

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