Trump’s Trade War Escalates, Threatens Global Market Stability

US President Donald Trump is escalating his trade war, threatening tariffs on key sectors including copper and Brazil over issues unrelated to trade. The latest moves come despite efforts to ease uncertainty through deals with major trading partners. Tariffs on Canadian goods are set to rise to 35% as of August 1, sparking concerns about … Read more

Israeli Plans for Gaza Spark ‘Concentration Camp’ Concerns

Israel plans to build a “humanitarian city” in Gaza, sparking criticism from human rights groups and international leaders. The move has been likened to the conditions of concentration camps by critics, drawing concern over the treatment of Palestinian residents. Israeli Defense Minister Israel Katz has authorized the military’s preparation for construction, despite opposition from various … Read more

Gabapentin Linked to Dementia Risk in Chronic Pain Patients

Gabapentin, an anti-seizure medication commonly used for chronic pain, has been found to increase the risk of dementia by up to 40% in patients taking it long-term, according to a new study. The medication affects chemical messengers in the brain and nerves, and its use has been linked to dizziness, drowsiness, headaches, and nausea as … Read more

Houthi Attacks Sink Second Red Sea Cargo Ship in a Week

A second cargo ship has sunk in the Red Sea after being attacked by Yemen’s Houthis, leaving at least three crew members dead and six survivors rescued. The Liberian-flagged Eternity C was hit by rocket-propelled grenades fired from small boats on Monday, causing significant damage and losing all propulsion. The attack continued on Tuesday, prompting … Read more

Taiwan Conducts Largest Military Drills in History Amid China Tensions

Taiwan has launched its largest ever military drills, with a focus on decentralising command and preparing for potential cyber attacks ahead of a Chinese invasion. The annual Han Kuang exercises began with simulated attacks on command systems and infrastructure. The drills aim to test how Taiwan’s military can respond in the event of a crippling … Read more

Global 30Y Rates Rise as Fiscal Fears Dominate Market

Fiscal concerns in Japan are pushing up global 30-year rates, and it’s unclear if offsetting factors will emerge. The US 3-year auction on Tuesday was tolerable, but the 10-year auction on Wednesday will be more telling. Structural forces are not favoring longer-dated bonds, making it difficult to see a halt in the upward momentum of … Read more

Apple Eyes Smart Glasses Market Amid Competition

Apple is reportedly developing smart glasses to compete with Meta Ray-Bans, but a mass launch is still years away. Analyst Ming-Chi Kuo expects the product to enter production by 2027, allowing users to capture moments without needing their phone. The glasses will feature touch and voice control, multiple frame options, and a camera for taking … Read more

Texas Floods Claim Dozens of Lives Among Campers and Locals

At least 119 people died in the devastating floods that hit the Guadalupe River in Texas on Independence Day. The disaster is one of the deadliest for children in recent decades, with many victims being young campers at a Christian summer camp. The floods caught out-of-town families and local residents off guard, including those driving … Read more

NASA Science Chiefs Unite Against Trump’s Proposed 47% Budget Cut

A group of seven living former Associate Administrators of NASA’s Science Mission Directorate has signed a joint letter opposing the Trump administration’s proposed 47% cut to NASA’s 2026 science budget, urging Congress to reject the cuts. The signatories warn that the indiscriminate reduction would end dozens of current and future missions, severely damaging the agency’s … Read more