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The U.S. is boosting arms support for Ukraine amidst intensified Russian attacks, while tensions remain high in the Middle East with negotiations ongoing between Israel and Hamas for a ceasefire.
Canada’s finance minister is seeking cabinet-wide spending cuts of 7.5% to fund tax breaks and increased defense expenditures, signaling a tightening fiscal environment.
The Gulf nations, especially amid heightened U.S.-China tensions, are increasing defense budgets, reflecting a growing strategic realignment in the region.
The European Union is navigating significant trade challenges, with imminent deadlines for tariffs as tensions rise with the U.S. over digital taxes and broader trade policies.
A stark economic divide is emerging, evidenced by warnings of a slowdown in Russia’s economy due to sanctions, while the U.S. faces its own fiscal challenges, including a potential debt crisis.

Trump to Resume Sending Weapons to Ukraine wsj.com 3 hours ago by Lara Seligman
The U.S. will send additional defensive arms because Moscow is hitting Kyiv “very hard,” the president said.
Trump and Netanyahu Meet as New Middle East Tests Loom wsj.com 4 hours ago by Michael R. Gordon
A region that was awash in conflict and risk turns toward dealmaking—but for how long?
How Old-School Tech Is Rewiring Drone Warfare in Ukraine wsj.com 4 hours ago by Matthew Luxmoore
Kyiv is trying to blunt Russia’s grinding advance with a new generation of quadcopters steered by long coils of ultrathin and highly versatile…
Europe’s Crackdown on Speech Goes Far and Wide wsj.com 6 hours ago by Natasha Dangoor
Loosely defined hate-speech laws and the rise of social media have led to zealous policing, resulting in fines and prison sentences for some o…
Canada’s Finance Minister Asks Cabinet Colleagues to Identify Spending Cuts wsj.com 12 hours ago by Paul Vieira
François-Philippe Champagne calls for spending cuts of 7.5% to finance tax breaks and higher defense budget.

Trump renews threat to hit trading partners with steep tariffs ft.com 2 hours ago by FT Client Support
White House extends deadline for ‘reciprocal’ levies from July 9 to August 1
The markets just don’t believe Trump on tariffs ft.com 2 hours ago by FT Client Support
And that might become a problem
US contractors cut off by Doge get a lifeline from private credit ft.com 3 hours ago by FT Client Support
Groups left hanging with unpaid bills by Elon Musk’s efficiency drive turn to bridge loans for survival
Why driverless vehicles just can’t quit humans ft.com 3 hours ago by FT Client Support
Regulators need to ask more questions about the people in the shadows
China’s weaponisation of rare earths is a new kind of trade war ft.com 3 hours ago by FT Client Support
The country’s latest sanctions are proving far more effective than prior efforts

Trump announces steep tariffs on 14 countries starting Aug. 1 cnbc.com 9 hours ago
President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders of 14 count…
Tech founders call on Sequoia Capital to denounce VC Shaun Maguire's Mamdani comments cnbc.com 7 hours ago
Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate …
Japan calls Trump's latest tariff salvo 'regrettable' as nations scramble to deal with fresh deadline cnbc.com 2 hours ago
Trump shared screenshots of letters detailing new tariff rates for over a dozen countries, allowing room for further negotiations before the r…
The declining dollar faces more headwinds after posting worst first-half return in 52 years cnbc.com 12 hours ago
The U.S. dollar faces a variety of headwinds heading into the second half of the year that could have important investing implications.
Australia unexpectedly holds policy rate as it awaits more inflation data cnbc.com 2 hours ago
The RBA said it was waiting for "a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable b…