India’s central bank chief warns growing risk of global inflation returning

Three people were killed when a twin-engine Beechcraft crashed into the Pacific Ocean off Point Pinos, California, on Saturday night. The victims, identified as Steve Clatterbuck, James Vincent, and Jamie Tabscott, were recovered by emergency crews after a search operation, and the National Transportation Safety Board is investigating the crash. Want More Context? 🔎

Most European nations welcome the deal, but some slam it as a capitulation before the EU’s largest trading partner.The US and EU established a trade deal imposing a 15% tariff on most EU goods, averting a trade war. While some European leaders, like Denmark's Lars Lokke Rasmussen and Germany's Friedrich Merz, view it as stabilizing, others, including Hungary's Viktor Orban and France's Francois Bayrou, criticize it as a capitulation. Want More Context? 🔎

The Land Transport Authority (LTA) of Singapore announced a 2.6% increase in the supply of Certificates of Entitlement (COEs) for the period from August to October, raising the total to 18,701. Bidding under this new quota will commence on August 4, with significant increases in Category E and adjustments based on vehicle deregistrations and population changes anticipated. Want More Context? 🔎

North Sydney councillors have voted to implement a $50 ticketing system for access to Blues Point during Sydney's New Year's Eve fireworks, citing financial challenges. While Mayor Zoe Baker expressed regret over the decision, she emphasized the availability of other free vantage points for the event. Want More Context? 🔎

A series of attacks by Israeli settlers on the Ein Samia water springs in the occupied West Bank has halted water pumping operations, impacting around 40,000 Palestinian homes and leaving 160,000 residents without water. The assaults, which included damage to communications and infrastructure, have rendered the Jerusalem Water Authority unable to manage the crucial water source for 19 villages. Want More Context? 🔎

In 2023, seven Army bases renamed to remove Confederate leaders' names are reverting back to their original names, now honoring other service members with similar surnames, raising concerns about undermining efforts to distance from Confederate associations. Critics, including civil rights leaders, argue this move reflects political motivations rather than genuine respect for diverse service records, with implications for military branding. Want More Context? 🔎