The US and China have reached a framework to ease trade tensions, with China making concessions on rare earths while the US relaxes technology export controls, though market reactions were muted. In inflation news, core CPI remains stable, but concerns persist about future price pressures due to tariffs and inconsistent inventory management, alongside a distorted copper market driven by tariff speculations and heightened US demand.
A passenger was injured on the Royal Caribbean cruise ship Icon of the Seas when acrylic glass shattered on the Frightening Bolt water slide, leading to water gushing out and the individual reportedly falling out of the slide. The guest, who is in stable condition, suffered skin lacerations, and the slide has been closed for investigation as the ship prepares to return to Miami. Want More Context? 🔎
Read moreUS president says the deal will bring peace and new economic opportunities for the two rivals, but issues remain.US President Donald Trump hosted Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan at the White House to sign a peace treaty aimed at ending hostilities and establishing a transport corridor, yet many Armenians view the agreement, reached after Azerbaijan's military campaign, as a bitter normalization of ethnic cleansing rather than a true peace deal....
Read moreDaniel Aperahama Hannett, an Auckland businessman and patched Mongrel Mob member, has been convicted of money laundering for advising a gangster on transferring $388,800 in suspected drug money overseas. He was the primary target of Operation Weirton, which led to New Zealand's largest drug bust, uncovering 613kg of methamphetamine, although direct evidence of his involvement in importing drugs was not found until this operation. Want More Context? 🔎
Read moreThe UN Security Council will hold an emergency session on Saturday in response to Israel's decision to "take control of Gaza City," which has faced widespread condemnation, as requested by the UK, Denmark, France, Greece, and Slovenia. This follows Israeli Prime Minister Benjamin Netanyahu's announcement of plans for full occupation, amid rising outrage over the deaths of over 61,000 people in Gaza since October 2023. Want More Context? 🔎
Read moreThe suspect in a deadly Montana bar shooting, Michael Brown, 45, has been captured after a weeklong manhunt following the August 1 incident in Anaconda that left four people dead. Authorities noted Brown's history of mental illness and PTSD from military service, and local residents described him as unstable yet not previously violent, mourning the loss of the victims, including beloved bartender Nancy Kelley. Want More Context? 🔎
Read moreNiti Aayog has withdrawn a working paper advocating the import of GM soybean and corn from the US, reflecting India's cautious stance on transgenic food due to biosafety concerns. The government's position aligns with opposition from groups like the Swadeshi Jagaran Manch, emphasizing a preference for domestic agricultural integrity despite trade negotiations with the US. Want More Context? 🔎
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