Trump signs proclamations granting two-year relief from Biden-era EPA regulations
The proclamations cover coal plants, taconite iron ore processing facilities and certain chemical manufacturers that produce chemicals related to semiconductors, medical device sterilization, advanced manufacturing, and national defense systems, according to the White House.
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The Guardian
7 minutes ago
- The Guardian
Ukraine war briefing: Zelenskyy calls for ‘regime change' in Russia after attack on Kyiv kills 16
Volodymyr Zelenskyy has urged his allies to bring about 'regime change' in Russia, hours after a Russian drone and missile attack on Kyiv killed 16 people including two children. The Ukrainian president said he believed Russia could be 'pushed' to stop the war. 'But if the world doesn't aim to change the regime in Russia, that means even after the war ends, Moscow will still try to destabilise neighbouring countries,' he said on Thursday, speaking virtually to a conference marking the 50th anniversary of the cold war-era Helsinki accords. Russia's overnight strikes wounded at least 150 people, authorities said. Russia fired more than 300 drones and eight cruise missiles at Ukraine – with Kyiv the main target – from late Wednesday to early Thursday, the Ukrainian air force said. One missile tore through a nine-storey residential building in the capital's west, ripping off its facade, authorities said. Zelenskyy said the injured including 16 children and six police officers. It was the largest number of children hurt in a single attack on Kyiv during the war, the rescue service said. Donald Trump criticised Russia's actions in Ukraine, suggesting new sanctions against Moscow were coming. 'Russia – I think it's disgusting what they're doing,' the US president said on Thursday. 'We're going to put sanctions,' he said, before adding: 'I don't know that sanctions bother him,' referring to Russian president Vladimir Putin. Russia's attack came just days after Trump issued a 10-to-12-day ultimatum for Moscow to halt its invasion or face sanctions. The Ukrainian parliament has passed a law restoring independence to two anti-corruption bodies, essentially annulling another law adopted last week that prompted the biggest street protests since Russia's full-scale invasion three years ago, reports Shaun Walker. Several hundred protesters outside the parliament building in Kyiv erupted into chants of 'the people are the power' as the bill passed on Thursday. Volodymyr Zelenskyy will hope the new law will put an end to what had threatened to become a political crisis domestically and had worried European allies. He signed the law into force swiftly after the vote. Russia claimed on Thursday that it had captured the Ukrainian town of Chasiv Yar, a strategically important military hub in the eastern Donetsk region. Zelenskyy called Moscow's claim 'Russian disinformation', saying: 'Ukrainian units are defending our positions.' Ukrainian military analyst Oleksandr Kovalenko said Russian forces 'have full control over the entire northern and eastern part' of Chasiv Yar, including districts that had been hardest to get. But he said fighting for the western side was ongoing, with the situation 'very difficult'. The battlefields reports could not be independently verified.
Reuters
7 minutes ago
- Reuters
US, Russian space chiefs talk moon, ISS cooperation in rare Florida meeting
WASHINGTON, July 31 (Reuters) - NASA's new temporary administrator on Thursday held a rare face-to-face meeting in Florida with Russia's space agency chief, where they discussed cooperation on the moon and maintaining the space powers' longstanding relationship on the International Space Station, Roscosmos said. The talks between Sean Duffy and Dmitry Bakanov at the U.S. space agency's Kennedy Space Center represented the first in-person meeting between the heads of NASA and Russia's space agency, Roscosmos, since 2018. NASA said late on Thursday the two chiefs "discuss continued cooperation and collaboration in space," without providing further details. The meeting coincided with an attempt to launch a joint astronaut crew from Florida to the ISS that was postponed due to weather. It was a significant moment for Washington's bifurcated space relations with Russia - especially for Duffy, an acting NASA administrator who was assigned to the role just this month while also overseeing the Transportation Department. Roscosmos showed on Telegram a video of the meeting between Duffy and Bakanov, each flanked by staff, and other events where Bakanov and his delegation can be seen mingling with U.S. officials. The Russian space agency said "the parties discussed further work on the ISS, cooperation on lunar programs, joint exploration of deep space, continued interaction on other space projects." Roscosmos and NASA did not respond to questions about the nature of the lunar program or deep space discussions. Such talks could signal thawing relations between the two countries' civil space programs and represent a shift in global space relations. Russia had plans to participate in NASA's flagship Artemis moon program until it invaded Ukraine in February 2022. It became a partner on China's moon program, the International Lunar Research Station, a direct rival to the U.S. Artemis program. The war in Ukraine has led to a vastly isolated Russian space program, which has since boosted investments in military space efforts while nearly all of its joint space exploration projects with the West collapsed. The Russian delegation visited NASA's Johnson Space Center in Houston on Wednesday and on Thursday was poised to watch the launch of Crew-11, a routine mission to the ISS featuring two U.S. astronauts, a Russian cosmonaut and a Japanese astronaut. But bad weather pushed the launch to Friday morning, SpaceX said. While U.S.-Russian tensions over the war in Ukraine have limited contact between NASA and Roscosmos, they have continued to share astronaut flights and cooperate on the ISS, a 25-year-old totem of scientific diplomacy crucial to maintaining the two space powers' storied human spaceflight capabilities. Amity on the $100 billion ISS is buoyed primarily by a technical interdependency: the Russian segment relies on power generated by American solar panels, while the task of maintaining the station's altitude is assigned to Russia's thrusters. Multiple other countries depend on the ISS for microgravity research, prominently the European Space Agency, Canada and Japan. The military space programs of the U.S. and Russia meanwhile have an adversarial relationship. The U.S. has accused Russia of developing a nuclear space weapon and deploying counterspace weapons and spy satellites near American spy satellites. Russia has denied many of Washington's space allegations. Bakanov and Duffy were expected to discuss extending the two countries' astronaut seat exchange agreement - in which U.S. astronauts fly on Russian Soyuz capsules in exchange for Russian astronauts flying on U.S. capsules - and the planned disposal of the ISS in 2030, according to Russian news agency TASS.
Reuters
7 minutes ago
- Reuters
Gerdau's adjusted profit falls near 9% in Q2, tariffs boost US operations
SAO PAULO, July 31 (Reuters) - Brazilian steelmaker Gerdau ( opens new tab on Thursday reported an 8.6% decline in its second-quarter adjusted net profit year-on-year, slightly below analysts' expectations despite stronger performance of North American operations due to U.S. tariffs. Brazil's largest steelmaker by market capitalization and the owner of mills across the Americas, Gerdau posted an 864 million reais ($154.26 million) adjusted net profit for the quarter through the end of June. Analysts polled by LSEG expected 847 million reais. In the earnings report, Gerdau said the profit decline year-on-year was driven mostly by its results in South America outside Brazil, a move partially offset by currency effects. Gerdau's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 2.56 billion reais, down 2.4% and mostly in line with the 2.57 billion reais expected by analysts. Gerdau said it has seen an improvement in its main North American operations when compared to the first quarter, attributing it to a decline in import levels in the U.S. due to higher tariffs and the resulting supply rebalancing. The steelmaker relies on North America for more than half of its net revenue. Analysts have pointed to the firm as the potential main winner in the Brazilian steelmaking sector of the higher steel duties set by U.S. President Donald Trump. Gerdau's total net revenues rose 5.5% year-on-year to 17.5 billion reais, with steel sales increasing 4.1% in volume. Analysts had estimated a 17.7 billion reais net revenue. JPMorgan analysts including Rodolfo Angele said the results were mainly neutral. "As expected, North America showed continued strength into 2Q25 more than compensating for the challenges seen in the Brazil and South America business units," they wrote in an note to clients. ($1 = 5.6008 reais)
