South Korea stocks shrug off tepid industrial data, political turmoil; Jeju Air shares hit record low

A federal appeals court ruled that President Trump's executive order limiting birthright citizenship is unconstitutional, stating it contradicts the Fourteenth Amendment. The Ninth Circuit's decision, which followed a lower court's ruling, allows states to challenge the order, asserting it risks financial harm and likely violates the Constitution, despite the Trump administration's arguments to the contrary. Want More Context? 🔎

Saudi Arabia's Investment Minister Khalid bin Abdulaziz Al-Falih led a business delegation to Syria, where they are expected to sign deals worth $4 billion to $6 billion to support post-war recovery efforts. The agreements, covering various sectors, coincide with the launch of new projects, including a cement factory, amid ongoing instability in the region. Want More Context? 🔎

Here are the key events on day 1,246 of Russia’s war on Ukraine.On July 24, a Russian drone strike in Sumy caused power outages for 220,000 Ukrainians, while Ukraine secured the return of over 1,000 prisoners of war after peace talks. The U.S. approved $322 million in military aid to enhance Ukraine's defenses, and Zelenskyy announced plans to reinforce anti-corruption agency independence amid nationwide protests. Want More Context? 🔎

William McNeil, Jr., a 22-year-old man, discussed the trauma from his violent arrest in Jacksonville, Florida, captured in a viral video, stating he no longer trusts police and suffers from nightmares. The Jacksonville Sheriff's Office is investigating the incident, with calls for accountability and better training highlighted by McNeil and his attorneys. Want More Context? 🔎

The Australian government has won a significant climate case against Torres Strait Island residents, with a Federal Court ruling that dismissed their claims for government duty of care regarding climate change impacts. Elders Pabai Pabai and Paul Kabai expressed heartbreak over the decision, highlighting the rising sea levels and cultural threats faced by their communities, yet the court deemed climate policy a matter for political, not judicial, resolution. Want More Context? 🔎

A 39-year-old man, Aaron Henderson, allegedly threw his one-year-old niece down a trash chute in their Staten Island apartment while her father was in the bathroom. The toddler was rescued with only minor injuries and is in stable condition, while Henderson, who has no prior criminal record, faces charges of endangering a child, assault, and unlawful imprisonment. Want More Context? 🔎