
21 Major Global News Stories American Media Isn't Covering
Trump has nominated Nick Adams, a self-described "alpha male" conservative influencer from Australia, as the next US ambassador to Malaysia, sparking outrage in the Muslim-majority nation. Adams, who became a naturalized US citizen after immigrating in 2012, has built a following through inflammatory social media posts, misogynistic remarks, and vocal support for Israel. Malaysian officials have denounced the appointment as an "insult," with one calling Adams "an extreme right-wing propagandist, a Trumpist and vocal supporter of Israel's Zionist regime" whose rhetoric is "full of hatred, racism and Islamophobic sentiments." Adams has previously claimed that Trump's opponents sought to "teach Islam in schools" and has regularly courted controversy with his provocative online presence. The nomination has alarmed Southeast Asian diplomats who see Trump prioritizing political loyalty over diplomatic expertise.
Why it matters: Adams's nomination shows how Trump's habit of rewarding online loyalists is quietly reshaping America's diplomatic corps. While his domestic picks dominate headlines, these embassy appointments directly shape how the US is perceived abroad. Malaysia, a key trading partner along shipping routes that carry 25% of global trade, has already denounced the choice — a rare public rejection that underscores how Trump's approach to diplomacy is damaging US credibility in a region increasingly pulled between Washington and Beijing.Source: Malaysia lashes out at Trump's pick of 'Zionist' envoy Nick Adams: 'not welcome here' [South China Morning Post]
In a major reversal, President Trump announced that the US will send billions of dollars' worth of weapons to Ukraine, including Patriot air defense systems, via NATO, while also threatening secondary sanctions and 100% tariffs on countries that continue buying Russian oil, giving a 50-day window for Moscow to agree to a peace deal. The announcement comes after months of Trump's attempts at direct talks with Putin and amid growing frustration over Russia's continued attacks. Ukrainian and European officials cautiously welcomed the shift, while financial analysts noted that the delay gives Russia room to maneuver diplomatically and economically.
Why it matters: Trump's about-face marks a pivotal shift in US strategy and suggests that even his "America First" agenda has limits as Russia's war drags on. The weapons deal and threat of secondary sanctions could upend battlefield dynamics and global trade, especially if China and India are pushed to rethink their oil imports from Russia.While the delay gives Moscow some breathing room, it shows just how hard it is to pressure Putin without destabilizing energy markets. This shift could redefine not only the war effort but also America's role in NATO, the global sanctions regime, and the future of oil geopolitics.Source: In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil [Reuters]
A new Senate Foreign Relations Committee report says China is rapidly filling the diplomatic and humanitarian void left by deep US retrenchment under the Trump administration. Since January, the US has slashed billions in foreign aid, gutted USAID, and laid off thousands of State Department staff, all while promoting an "America First" agenda. In the wake of those cuts, China has stepped in with food aid, health supplies, infrastructure investment, and high-profile diplomatic visits, especially in Africa, Southeast Asia, and Latin America. From HIV testing kits in Zambia to railroad deals in Vietnam, the report details dozens of examples where Beijing is expanding its global influence as Washington pulls back.
Why it matters: While the Trump administration frames the cuts as trimming waste and putting "America First," they've resulted in a power vacuum that China is quickly filling. Through infrastructure deals, vaccine shipments, and food donations, China is steadily cementing long-term influence in regions central to global supply chains, military access, and future alliances.The erosion of US foreign aid also chips away at two of America's biggest assets: national security and soft power. Foreign assistance has long been a tool to shape global norms, secure trade access, and project stability without firing a shot. As the US pulls back, it loses leverage in trade deals, multilateral negotiations, and peacekeeping, especially as other nations grow more aligned with China.Despite the cost-cutting rhetoric, the blowback could be felt domestically. Foreign aid often opens markets for US businesses and helps stabilize regions that would otherwise require costly military or emergency intervention. Walking away now could mean fewer trade opportunities, more global volatility, and a lasting decline in American influence, all while China quietly builds more.Source: China steps in as US pulls back from diplomacy, report says [Reuters]
In a rare coordinated rebuke, 27 former EU ambassadors to the Middle East and North Africa have issued an open letter urging the European Union to suspend its trade agreement with Israel, citing alleged war crimes in Gaza, illegal settlement expansion, and the treatment of Palestinians. While the letter condemns Hamas's October 7 attack, it criticizes the EU's "reluctance to take serious action" in response to Israel's military operations and aid restrictions in Gaza, which, the ambassadors argue, violate international law and humanitarian principles. It also faults the EU for failing to follow through on its own review finding "indications" that Israel has breached its human rights obligations, and warns that the bloc's current posture risks exposing a double standard, particularly given its stance on Russia's war in Ukraine. The intervention comes days before EU foreign ministers are scheduled to meet in Brussels to consider potential action.
Why it matters: This is a striking rebuke, not from activists or fringe figures but from seasoned diplomats who helped shape EU policy in the region. The letter puts real institutional pressure on the bloc to close the gap between its values and its actions. It also comes at a time when the EU is already facing criticism for what many see as a double standard — defending international law in Ukraine while hesitating to confront Israel. That perceived hypocrisy has fueled frustration in the Global South and increasingly strained the West's moral credibility.The letter also targets the humanitarian aid system co-managed by Israel and the US, which could spark tensions between allies if Europe decides to take a harder line. More than anything, it points to a larger trend. Gaza is becoming a global fault line, exposing growing divides inside Western institutions and forcing a reckoning with long-standing diplomatic norms.Source: EU's 'reluctance' to act over Israel criticised by 27 former ambassadors [Euronews]
Malaysia has imposed mandatory trade permits for all high-performance AI chips from the US, requiring 30 days' advance notice for any exports, transshipments, or transits through the country. The move comes as Malaysia scrambles to negotiate down Trump's 25% tariffs set to kick in August 1, part of broader levies hitting Southeast Asian nations with rates ranging from 20% to 40%. The chip permit requirement follows allegations that four Chinese engineers traveled to Malaysia in March, used local data centers packed with advanced Nvidia chips to train an AI model, then returned the data to China, potentially circumventing US export controls. Malaysia's trade ministry warned it would take "strict legal action" against attempts to skirt export controls and said all entities must comply with international obligations to avoid secondary sanctions.
Why it matters: Malaysia is now scrambling on two fronts: tightening chip controls to show it's not enabling China's workarounds, while also trying to negotiate down Trump's steep new tariffs, which were framed around trade deficits, not technology. Allegations that Chinese engineers trained AI models on US-made Nvidia chips in Malaysian data centers reveal just how creative Beijing has become. This workaround underscores why the US needs allies not only to block chip sales but to actively police what happens after the chips leave American hands. As the global AI supply chain becomes a geopolitical battleground, Malaysia's new permit system shows how smaller nations are being forced to choose sides in a much bigger tech war.Source: Malaysia imposes trade permits for US-linked AI chip shipments [South China Morning Post]
Australia has refused to commit in advance to backing the US in a potential conflict with China over Taiwan, with senior officials stressing that any decision to go to war would rest with the sitting government. The statement follows reports that the US is pressuring allies like Australia and Japan to outline their positions on a hypothetical conflict as part of broader AUKUS (Australia, UK, and US) defense talks. Australian Prime Minister Anthony Albanese echoed the US's own stance of "strategic ambiguity" on Taiwan and emphasized Australia's support for regional peace, while Defence Industry Minister Pat Conroy underscored the country's sovereignty in military decisions. The comments come during Albanese's visit to China and amid a US review of the AUKUS submarine pact — both unfolding against a backdrop of rising strategic tensions in the Indo-Pacific.
Why it matters: As US-China relations grow more volatile, Washington is looking to shore up its alliances. However, Australia's stance reflects how even close partners are wary of being pulled into a future conflict. The situation exposes a key fault line in the AUKUS pact, which is not only about sharing submarines and tech but strategic alignment. Albanese and Conroy's comments ultimately serve as a reminder that the Indo-Pacific balance of power is shifting, and that allies navigating their own relationships with China may not always move in lockstep with American expectations.Source: Australia rebuffs calls to commit to joining hypothetical US–China conflict [The Guardian]
Sweden's Migration Minister Johan Forssell publicly confirmed this week that his 16-year-old son had been involved with violent far-right groups, following an alert from the national security service. The teen allegedly tried to recruit peers into a white supremacist organization and participated in activities with the neo-Nazi group Aktivklubb Sverige, according to Expo magazine. Though Forssell said his son is remorseful and no longer involved, the revelation has triggered political fallout, especially given that Forssell's Moderate Party governs with support from the far-right Sweden Democrats — a party with roots in white nationalist movements. Opposition lawmakers are now demanding Forssell appear before parliament. However, many observers have praised the minister for addressing the situation head-on and acknowledging the broader issue of youth radicalization.
Why it matters: The radicalization of Forssell's son lays bare how far-right extremism isn't confined to the political fringe — it can surface even in the homes of the people tasked with shaping democratic policy. The fact that Sweden's migration minister is both aligned with a far-right-backed government and grappling with extremism within his own family underscores how deeply these ideologies have penetrated mainstream society. It spotlights a familiar challenge: the online radicalization of young men, often in plain sight, and the political reluctance to confront far-right violence with the same urgency as other threats. It also echoes broader debates about political normalization, parental responsibility, and the real-world cost of platforming extremism.Source: Swedish migration minister 'shocked and horrified' by teenage son's far-right links [Euronews]
With President Trump's 50% copper tariff set to kick in on August 1, global traders are scrambling to reroute shipments that won't clear US customs in time. Many are now turning to China, the world's biggest copper buyer, and offering cargoes at a discount, with sellers redirecting thousands of tons initially bound for the US. The surge has already pushed down the Yangshan premium — a benchmark for China-bound copper — by 5%.
Why it matters: Trump's new tariff is already reshaping global supply chains in real time. Traders who spent months routing copper to the US are now scrambling to reroute unsold shipments, offering steep discounts to Chinese buyers to avoid missing the August 1 deadline. The last-minute pivot highlights how quickly protectionist policies can ripple across markets and inadvertently hand pricing power to competitors. It's also a reminder of China's endurance as the world's top commodity consumer, and how US tariffs meant to protect domestic industry can end up strengthening strategic rivals. Moreover, the copper scramble raises broader questions about inflation, industrial policy, and what a politically driven global economy looks like when every shipping lane becomes a pressure point.Source: Copper traders look to Chinese buyers in post Trump-tariff world [Reuters]
The UK and France are finalizing a "one in, one out" migration deal that would allow Britain to return up to 50 asylum seekers per week — mostly those who arrive via small boats across the English Channel — back to France. In exchange, the UK would formally resettle an equal number of asylum seekers currently in France who have verified family ties in Britain. The agreement is part of a larger push to curb illegal Channel crossings, a longstanding flashpoint between the two countries. It would also expand UK financial support for French policing efforts, including drone surveillance, and test the legal limits of immigration enforcement in both countries. If the pilot succeeds, officials say it could be scaled up significantly.
Why it matters: This is the latest in a growing trend of bilateral migration deals — often framed as cooperative deterrence but drawing criticism for externalizing asylum processing and displacing responsibility. While the numbers are small, the symbolism is big: this would mark the first formal UK–EU migration coordination since Brexit, potentially laying groundwork for future alignment. It also mirrors policies being tested in the US, like third-country agreements and offshore asylum pacts, making it a bellwether for how liberal democracies are recalibrating asylum norms under political pressure.Source: UK and France set to unveil 'one in, one out' migration deal to combat small boat crossings [Euronews]
India's aviation regulator has ordered all airlines operating Boeing aircraft to inspect cockpit fuel switches after a preliminary report on last month's deadly Air India crash revealed that fuel to both engines was cut off seconds after takeoff. The early findings suggest the engines were starved of fuel, either due to human error, sabotage, or a potential failure of the switch locking mechanisms. Boeing hasn't been formally implicated, but the FAA issued an advisory in 2018 warning that some fuel switches may have been installed with their locking features disengaged. Investigators emphasized that the cause remains undetermined, and Air India urged against speculation. Nevertheless, scrutiny is mounting as global carriers begin their own inspections.
Why it matters: While the investigation is still ongoing, the crash and the questions now surrounding Boeing's cockpit systems revive lingering concerns about aircraft safety and accountability, particularly following past high-profile incidents involving Boeing. The 787 Dreamliner is widely used by global airlines, giving any design flaw or maintenance oversight far-reaching implications. Source: Indian regulator orders airlines to check Boeing fuel switches after plane crash report [The Guardian]
France, Spain, Italy, Denmark, and Greece are testing a new age verification app designed to protect children online, the European Commission announced Monday. Built using the same technical foundation as the EU's forthcoming Digital Identity Wallet, the app aims to help platforms comply with the bloc's Digital Services Act — landmark legislation that requires companies like Meta, TikTok, and X to curb harmful content and addictive design features. The pilot comes amid mounting global concern over social media's impact on kids' mental health, with EU regulators investigating whether top platforms are doing enough to protect minors.
Why it matters: If this pilot is successful, the EU's age verification model could become a blueprint for how platforms — and governments — handle online identity, not only for children but potentially for broader use in areas such as healthcare, travel, and voting. It also signals a shift in how liability is assigned. Rather than asking parents or kids to police their screen time, lawmakers are now forcing tech companies to redesign their systems from the ground up.The EU has often led the way on digital regulation (see: GDPR). If this model proves to be workable, it could reshape how platforms function globally, especially if it gives compliant European apps a competitive edge over US tech giants. Source: Five EU states to test age verification app to protect children [Reuters]
Bhutan has become the world's first country to launch a nationwide, government-backed cryptocurrency payment system for tourists, allowing visitors to pay for everything from visa fees to hotel rooms using digital currencies. More than 1,000 vendors now accept crypto payments through Binance Pay, up from just 100 two months ago, with QR codes appearing in shops, restaurants, and even ancient dzongs. The Bhutanese government has been mining bitcoin since 2018 using its abundant hydroelectric power, accumulating $1.28 billion in holdings that now rank fifth globally. In 2023, Bhutan sold $100 million worth of bitcoin to fund a 50% salary increase for civil servants, dramatically reducing government worker resignations. Officials hope the crypto payment system will attract tech-savvy tourists and digital nomads to help boost tourism from 5% to 20% of the economy, while the government has halved its daily tourist fee to $100 to encourage more visitors.
Why it matters: Bhutan's crypto experiment offers a compelling look at how small nations can harness emerging technology to punch above their weight economically. By turning its natural advantage — cheap, clean hydropower — into large-scale bitcoin mining, Bhutan has quietly built one of the world's biggest government crypto reserves. Now, it's using that foundation to reinvent its tourism industry and tackle domestic challenges like retaining civil servants. Source: Bhutan's big crypto tourism push aims to revolutionise Himalayan travel [South China Morning Post]
Ursula von der Leyen and her European Commission narrowly held onto power after surviving a no-confidence vote in the European Parliament. The motion, led by far-right and nationalist lawmakers, failed to gain traction, with 175 MEPs voting in favor and 360 against, falling short of the two-thirds threshold. But while von der Leyen stays in office, the vote exposed deep fractures within the centrist coalition that supported her reappointment last year. The Greens and Socialists expressed frustration over her rightward pivot and her cozying up to conservative figures like Italy's Giorgia Meloni. With the next EU budget proposal due this week — and Ukraine aid, environmental reforms, and social funds all in the crosshairs — von der Leyen faces an uphill battle to rebuild trust.
Why it matters: As president of the European Commission, Ursula von der Leyen leads the EU's executive branch — a role that puts her at the center of policymaking on Ukraine, climate, trade, and digital regulation. While the no-confidence vote fell far short, it surfaced real frustration from lawmakers who once supported her reappointment, including Greens and Socialists who now accuse her of drifting right and sidelining Parliament. This tension could complicate key upcoming decisions, including a new EU budget and continued support for Ukraine.Source: Von der Leyen's EU Commission survives Parliament confidence vote [Euronews]
Former Israeli Prime Minister Ehud Olmert called Israel's proposed "humanitarian city" in Gaza a potential "concentration camp" and warned that forcing Palestinians into such a space would amount to ethnic cleansing. In a striking interview with The Guardian, Olmert accused the Netanyahu government of committing war crimes in Gaza and the West Bank, and said its extremist ministers posed a greater threat to Israel than any external enemy. He also condemned settler violence in the West Bank, described government-backed rhetoric as a cover for forced displacement, and urged stronger international pressure in the face of escalating atrocities. Despite backing the initial military response to October 7, Olmert now says the war has crossed into something else, and that continued global support for Israel can't be taken for granted.
Why it matters: Olmert's comments are extraordinary not just for their content, but for their source. As a former Israeli leader and longtime centrist, he reflects a broader — and growing — disquiet within Israeli society. His warnings arrive as the West faces increasing scrutiny over its support for Israel's military campaign, and as debates about red lines, accountability, and the meaning of "never again" take center stage globally.More broadly, the proposed "humanitarian city" echoes the language of benevolence historically used to justify segregation, forced transfer, and other rights abuses. Coming amid international legal investigations and mounting death tolls, this moment is testing how far Israel's allies are willing to go to defend a war that some former leaders now openly condemn.Source: 'Humanitarian city' would be concentration camp for Palestinians, says former Israeli PM [The Guardian]
For the first time since 2020, India's Foreign Minister Subrahmanyam Jaishankar traveled to Beijing and told his Chinese counterpart, Wang Yi, that lifting "restrictive trade measures" — especially on critical tech and rare earth materials — is key to restoring normal ties between the two nations. India and China share a disputed 2,400-mile border and have been in a military standoff since a deadly border clash four years ago. While recent negotiations have slightly eased tensions, Jaishankar emphasized that real progress depends on troop withdrawals and fewer trade barriers. Wang struck a conciliatory tone, urging both sides to "properly handle differences" and build mutual trust.
Why it matters: While the meeting between Chinese and Indian foreign ministers signals progress on peace talks, its stakes go well beyond the border. The two countries are edging toward a new era of "practical cooperation" on trade, supply chains, and rare earth minerals — the backbone of EVs, semiconductors, and defense tech. India, which holds the world's fifth-largest rare earth reserves, is actively positioning itself as a counterweight to China's dominance and ramping up domestic output. A warmer Beijing-New Delhi relationship could reshape not just regional diplomacy but the global tech race, with ripple effects across everything from chip production to geopolitical power in the Indo-Pacific.Source: Avoiding trade curbs vital for normalisation of ties, India tells China [Reuters]
In July 1995, more than 8,000 Bosniak men and boys were murdered by Bosnian Serb forces, in what remains Europe's only legally recognized genocide since the Holocaust. Thousands gathered this week in the town of Srebrenica to mark the 30th anniversary of the massacre, held in a UN-declared "safe area" that international peacekeepers ultimately failed to defend. Seven newly identified victims were buried at the memorial cemetery in Potočari, bringing the total number of interred victims to more than 6,700. About 1,000 people are still missing. Dozens of individuals — including top wartime leaders Radovan Karadžić and Ratko Mladić — have been convicted of crimes related to the killings.
Why it matters: Srebrenica has become both a symbol of Europe's post-Cold War reckoning and a test case for the international community's willingness — or failure — to prevent atrocity. The genocide happened within a UN-protected zone, and despite subsequent trials and convictions, the slow pace of justice and continued denialism in some quarters have fueled tensions in the Balkans ever since. The anniversary comes at a time of renewed global focus on ethnic violence, transitional justice, and the erosion of multilateral norms, forcing a reckoning with the limits of international protection and the long shadow of impunity.Source: Thousands gather to mark the 30th anniversary of genocide in Srebrenica [Euronews]
A new UNAIDS report warns that key populations at higher risk for HIV — including gay men, transgender people, sex workers, and people who inject drugs — are facing record levels of criminalization globally, reversing years of progress. Countries like Mali, Uganda, Trinidad, and Tobago have introduced or reinstated laws targeting LGBTQ+ communities, while the Middle East and North Africa have seen a 94% spike in new HIV cases since 2010. Meanwhile, abrupt US aid cuts (including the suspension of funding through PEPFAR) have devastated prevention programs across Africa. Nigeria, for example, saw the number of people receiving HIV-prevention drugs drop from 43,000 to under 6,000 in just five months. Activists warn that the combination of legal crackdowns and vanishing international support is pushing the global AIDS response to a breaking point.
Why it matters: The global fight against HIV/AIDS has long relied on a fragile balance of medical advances, international cooperation, and political will, and that balance is tipping. UNAIDS warns that record levels of criminalization targeting LGBTQ+ people and other high-risk groups, combined with abrupt US funding cuts, are threatening decades of hard-won progress. Much of the global response has depended on PEPFAR, the President's Emergency Plan for AIDS Relief — a landmark US initiative launched in 2003 under President George W. Bush and widely regarded as one of the most successful global health programs in history. But in 2023–2024, its reauthorization became politically contentious, with conservative lawmakers falsely accusing it of supporting abortion access abroad.The resulting funding freeze gutted programs crucial for HIV prevention, testing, and treatment, especially for marginalized communities that already face stigma and legal risk. As countries ramp up punitive laws and US support evaporates, the gap left behind is already costing lives. Source: High-risk HIV groups facing record levels of criminalisation as countries bring in draconian laws [The Guardian]
Pakistan has announced the creation of a new nationwide paramilitary force, the Federal Constabulary, just weeks before the party of jailed former Prime Minister Imran Khan plans to stage mass protests on August 5, the anniversary of his arrest. The move rebrands and expands the existing Frontier Constabulary, previously a regional force near the Afghan border, into a body tasked with internal security, riot control, and counter-terrorism across the country. Officials say the move is necessary for national stability, but critics — including human rights groups and opposition leaders — warn it may be a tool to suppress dissent. Ousted in 2022 and jailed in 2023 on corruption charges, Khan maintains his prosecutions are politically motivated. His party, which remains wildly popular, has faced sweeping crackdowns since his arrest.
Why it matters: Pakistan's increasingly repressive tactics reveal a deeper democratic backslide in a nuclear-armed US ally that borders Afghanistan, China, and India. The timing of Pakistan's new paramilitary force — just weeks ahead of nationwide protests planned by Imran Khan's party — is raising red flags among opposition leaders and human rights groups. The protests, set for August 5, will mark two years since Khan's 2023 arrest on corruption charges, a turning point that sparked widespread unrest and a heavy-handed state crackdown. By expanding the Frontier Constabulary into a federal force with broad powers over riot control and internal security, the government is signaling a more centralized and potentially more repressive approach to political dissent. Critics say the move echoes previous crackdowns, in which thousands of PTI supporters were detained and peaceful demonstrations were met with force.Despite waning US influence in the region, Pakistan remains a major non-NATO ally, and its political stability has ripple effects across South Asia, particularly as it navigates tensions with both the Taliban and an increasingly assertive military.Source: Pakistan to create new paramilitary force ahead of more protests by Imran Khan's party [Reuters]
South African President Cyril Ramaphosa has suspended his police minister, Senzo Mchunu, and launched a high-level judicial inquiry into allegations that top law enforcement officials have colluded with criminal syndicates. The move follows shocking public accusations from KwaZulu-Natal's provincial police chief, who claims Mchunu and Deputy Police Commissioner Shadrack Sibiya interfered with sensitive investigations, including politically motivated killings allegedly orchestrated by drug cartels. A key crime-fighting unit was reportedly disbanded after it uncovered connections between organized crime and politicians, police, prosecutors, and even judges. However, critics say Ramaphosa's move to suspend — not fire — Mchunu falls short of real accountability.
Why it matters: This scandal exposes the extent to which criminal syndicates may be embedded within South Africa's political and judicial institutions, raising fears about state capture beyond just the financial sector. It also threatens to further destabilize the ANC, which is already struggling with declining public trust and its worst electoral showing since apartheid ended. With the KwaZulu-Natal province being both a political stronghold and a flashpoint for violence, these revelations could exacerbate instability ahead of national elections.Internationally, South Africa is the most industrialized economy in Africa, a key player in BRICS, and a regional leader in security and diplomacy. The erosion of public institutions — especially law enforcement — could hamper foreign investment, worsen migration and trafficking issues, and reduce the country's ability to act as a stabilizing force in southern Africa.Source: South African president suspends police minister and launches probe into alleged links to criminals [AP News]
Syria's Sweida province has erupted in deadly sectarian violence between Druze militias and Sunni Bedouin clans, with dozens killed and nearly 100 injured in clashes that began over kidnappings and robberies. Government security forces sent to restore order have also clashed with local armed groups, while Israel struck Syrian military tanks in the area, citing its protection of Druze minorities. The fighting started after Bedouin tribesmen set up a checkpoint where they attacked and robbed a young Druze man, sparking tit-for-tat kidnappings and escalating violence. Syria's new government, led by Sunni Islamist groups since Assad's fall in December, is struggling to maintain control as Druze communities express suspicion about the new authorities and demand international protection.
Why it matters: Syria's post-Assad transition is fracturing along sectarian lines, exposing how fragile the country's unity remains even after the civil war's apparent end. The Druze, a religious minority caught between Syria's new Sunni-led government and their historic ties to Israel, are testing whether Syria can protect its minorities or whether outside powers will intervene. Israel's strikes signal it won't hesitate to act militarily if it sees threats to Druze communities, potentially dragging the region into broader conflict. This violence illustrates the complex aftermath of regime change, as even "successful" transitions can unleash new instabilities, especially in diverse societies where trust between communities has been shattered by years of war. The Trump administration's push for Syrian-Israeli normalization now faces the reality that Syria's government may lack the authority to deliver on any agreements, raising questions about the feasibility of Middle East peace deals when states can't control their own territory.Source: Israel strikes military tanks in southern Syria, where government forces clash with Druze militias [AP News]
The US has sanctioned Cuban President Miguel Díaz-Canel and other top officials for human rights violations, marking the fourth anniversary of the largest protests on the island nation in recent decades. Secretary of State Marco Rubio announced the sanctions alongside visa restrictions on Cuban judicial and prison officials "responsible for, or complicit in, the unjust detention and torture" of July 2021 protesters. The rare demonstrations in Cuba erupted after repeated blackouts and economic hardship, with human rights groups estimating over 1,000 arrests. Cuban prosecutors investigated 790 people for protest-related acts, and advocacy groups say 554 people are still serving sentences, though some received conditional release in January after an appeal from Pope Francis. Cuba's Foreign Ministry fired back at Rubio, calling him a "defender of genocide, prisons and mass deportations."
Why it matters: By sanctioning Cuba's president directly, the Trump administration is putting Díaz-Canel in the same category as Putin and Iran's Supreme Leader, essentially declaring Cuba a pariah state. It's a sharp reversal from Biden's more cautious approach and reflects the influence of Cuban-American communities, particularly in Florida, on US foreign policy.The move could also push Cuba further into the arms of China and Russia, both of which are already expanding their presence in Latin America. While the sanctions are framed as human rights enforcement, they raise broader questions about effectiveness.Source: US sanctions Cuban President Díaz-Canel and other officials for human rights violations [AP News]
What do you make of this round of stories? Are there any that shifted your understanding of what's happening? I'm curious to know what surprised you, what resonated, or what you think more people should be paying attention to. Drop your thoughts in the comments below!
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- Business Insider
Navigating headwinds: Nigeria's economic outlook for H2 2025
As the second half of 2025 begins, Nigeria finds itself at a critical economic crossroads. With mixed signals emerging from both global and local environments, policymakers, business leaders, and financial institutions must prepare for a delicate balancing act. From shifting geopolitical dynamics to domestic fiscal pressures, the outlook for H2 2025 is characterized by uncertainty but also opportunity. FSDH's latest macroeconomic update, titled 'Balancing on the Edge in a Fragile World,' provides timely insights into what lies ahead and how stakeholders can navigate this complex terrain. Globally, two major developments have reshaped the economic outlook: the return of Donald Trump to the U.S. presidency and the escalation of the Israel-Iran conflict. Trump's reintroduction of import tariffs—10% across the board, with additional levies on selected countries—has renewed global trade tensions, undermined multilateralism, and triggered capital flow reversals to emerging markets. Meanwhile, the Middle East conflict has disrupted oil supply routes, increased freight costs, and spurred volatility in global commodity prices. These external shocks have led the International Monetary Fund (IMF) to revise its global GDP growth forecast downward to 2.8% in 2025, from an earlier 3.3%. Although Sub-Saharan Africa is expected to grow by 3.8%, driven by structural reforms and improved export performance; however the region remains vulnerable to external shocks, especially in energy markets and financial flows. Domestic Realities: Falling Short of Oil Expectations Nigeria, still heavily reliant on oil, has felt the weight of these developments. Despite commendable efforts to diversify her export base, oil remains the lifeblood of government revenue. The Federal Government's ₦54.99 trillion 2025 budget was benchmarked at US$75 per barrel and 2.06 million barrels per day in production. However, actual performance in H1 2025 has fallen short, with oil prices averaging US$72 per barrel and production consistently below target. This has created a growing fiscal gap and raised questions about Nigeria's ability to meet her ₦35 trillion revenue projection. Positive Signs: PMI Growth and Inflation Tapering Despite these challenges, there are positive signals in the local economy. The Purchasing Managers' Index (PMI), a reliable indicator of economic activity, remained above 50 points between January and May 2025, indicating expansion in key sectors such as agriculture, industry, and services. Inflation, while still high, has begun to decline—from 24.5% in January 2025 to 23% by May 2025—thanks to the combination of improved food supply, relative exchange rate stability, and methodological adjustments by the National Bureau of Statistics. Exchange Rate Stability: Progress or Pause? Exchange rate dynamics have also shown signs of stabilisation. The Naira stood at ₦1,539/US$ as of June 2025, reflecting only a marginal 0.2% depreciation year-to-date. The 'willing buyer, willing seller' FX policy has improved transparency and market confidence, although Nigeria's external reserves declined by 8.5% in H1—from US$40.9 billion to US$37.3 billion—due to rising import bills and debt repayments. FSDH projects that exchange rate stability will depend on continued FX inflows, investor confidence, and fiscal discipline. With oil prices expected to hover around US$75-US$78 per barrel, maintaining production and boosting non-oil exports will be critical. Analysts caution that a renewed slump in oil output or a further deterioration in global trade conditions could reignite currency volatility. Fiscal Reform in Focus: Tax Administration Shake-Up A major turning point in H1 2025 came in June, when President Tinubu signed four transformational tax reform bills into law. These include the Nigeria Tax Act, Nigeria Tax Administration Act, Joint Revenue Board Act, and Nigeria Revenue Service Act. Collectively, these reforms aim to harmonise tax administration, improve compliance, and empower a new, independent national revenue service. Highlights of the reforms include raising the Capital Gains Tax for corporates from 10% to 30%, introducing a Development Levy on large firms, zero-rating VAT for essential goods, and exempting small businesses with under ₦100 million turnover from filing taxes. The reforms are expected to grow Nigeria's tax-to-GDP ratio from 10% to 18% within three years. While implementation remains a hurdle—especially at state and local levels—this marks a significant shift in Nigeria's revenue strategy. In the capital markets, optimism is quietly building. The Nigerian Exchange (NGX) posted a 16.6% year-to-date return as of June 2025, outperforming many global indices. Banking and consumer goods stocks led gains, buoyed by strong corporate earnings and macro reforms. Treasury Bill yields and long-term bond rates have declined, signaling renewed investor appetite for Nigerian assets. Foreign Portfolio Investments (FPIs) flows have increased significantly, hitting US$5.46 billion in Q1—a 67% jump from the previous quarter. This resurgence has been fueled by FX reform, positive real interest rates, and improved clarity on policy direction. However, the risk of 'hot money' outflows remains, underscoring the need for deeper, longer-term capital investments. Strategic Priorities for H2 2025 Looking ahead, FSDH outlined several strategic imperatives for economic stakeholders in H2 2025. First, there is an urgent need to boost oil production, not just to meet budget benchmarks, but to enhance export earnings. Second, the country must deepen its non-oil export capabilities, especially in agriculture and manufacturing, to diversify FX sources. Third, unlocking private-sector credit by reducing the high Cash Reserve Ratio (CRR) remains key to real sector growth. Fourth, leveraging ongoing tax reforms to enhance state-level revenue and improve the business climate is vital. Importantly, Nigeria's digital economy and financial technology space also hold promise. The integration of AI, open banking frameworks, and digital payment systems are transforming how financial services are delivered. FSDH notes that institutions that embed digital transformation into their service models will lead in agility, customer retention, and market expansion. Cautious Optimism: Nigeria's Path Forward While global risks remain—from U.S. monetary policy to geopolitical tensions and potential oil shocks—Nigeria has the tools to stay on a path of gradual stabilisation. The success of H2 2025 will depend on disciplined execution of reforms, coordinated fiscal and monetary policy, and institutional accountability. Nigeria's economic outlook for the rest of 2025 is cautiously optimistic. Inflation is expected to decline further which may allow for monetary easing later in the year. The Naira is likely to remain within the current range, while GDP growth will be modest, driven by agriculture, services, and rising investor interest. Structural reforms are beginning to take root, but the second half of the year will require political will, macroprudential discipline, and bold leadership. And as FSDH aptly notes in its report, 'Resilience is not just about surviving the storm; it's about building structures that thrive within it.' Nigeria has the opportunity to prove that in H2 2025.


The Hill
40 minutes ago
- The Hill
Trump says ‘left lunatics' won't be satisfied with Epstein grand jury testimony
President Trump on Saturday said even if his administration releases all of the grand jury testimony in the case related to disgraced financier and convicted sex offender Jeffrey Epstein, it will not be enough to satisfy the 'troublemakers and radical left lunatics.' 'I have asked the Justice Department to release all Grand Jury testimony with respect to Jeffrey Epstein, subject only to Court Approval. With that being said, and even if the Court gave its full and unwavering approval, nothing will be good enough for the troublemakers and radical left lunatics making the request,' Trump wrote on Truth Social. 'It will always be more, more, more. MAGA!' The Justice Department (DOJ) filed two nearly identical motions to the U.S. District Court for the Southern District of New York on Friday, asking the federal court to unseal the grand jury transcripts in the Epstein case. It is uncommon for a grand jury transcript to be made public over sensitive information, but it can be achieved. DOJ said in the motions, which were filed by Deputy Attorney General Todd Blanche, that it would strike the names of potential victims and other 'personal identifying information' before the release of the transcript. The pair of motions came a day after Trump directed Attorney General Pam Bondi to release 'pertinent grand jury testimony.' 'Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony, subject to Court approval,' he wrote Thursday online. 'This SCAM, perpetuated by the Democrats, should end, right now.' The administration has faced increased pressure from the president's MAGA base to produce more documents related to the case, particularly after an unnamed joint FBI and DOJ memo published last week concluded that Epstein — who ran in high-powered circles — died by suicide in 2019 and that he did not keep a so-called 'client list.' The findings unnerved some, who claim they contradict comments Bondi made earlier this year, including vowing transparency in the case. The latest move to unseal the testimony came after The Wall Street Journal reported on an alleged letter Trump sent to Epstein for the financier's 50th birthday. The letter, a copy of which was not published in the article, contains text framed by the outline of a naked woman and has the words 'Happy Birthday — and may every day be another wonderful secret.' The president has denied that he sent the letter and sued the newspaper on Friday for defamation in federal court. 'Defendants concocted this story to malign President Trump's character and integrity and deceptively portray him in a false light,' his legal team said. Trump has in recent days criticized Republicans for being fixated on the issue and urged his allies to move on, to no avail. He's also questioned why Democrats did not bring up the files when they had control of the Senate and White House. 'BECAUSE THEY HAD NOTHING!!!' he wrote Friday.