China’s export-driven economy is beginning to feel strain from the ongoing war in the Middle East. While the country managed to withstand earlier challenges like US tariffs, the conflict now threatens to reduce factory orders, increase costs, and impact jobs. This adds to broader economic uncertainty, especially given China’s key role in global supply chains.
Meanwhile, the EU has approved a €90 billion loan package for Ukraine amid efforts to resolve energy disputes. Ukraine announced it has reopened the Druzhba oil pipeline after months of deadlock with Hungary, helping ease tensions around oil supplies in the region. Energy markets remain volatile, as evidenced by Lufthansa’s recent decision to cut 20,000 summer flights due to soaring jet fuel prices linked to the US-Israel war involving Iran.
In the United States, billionaire investor Justin Sun has filed a lawsuit against the World Liberty crypto venture affiliated with the Trump family. Sun alleges extortion after investing $45 million in the company’s tokens, indicating continuing legal troubles surrounding crypto projects linked to prominent figures.
In Nigeria, individuals charged with treason over an alleged coup plot have denied the accusations. The plot first came to light last year following the cancellation of the country’s Independence Day parade, highlighting ongoing political tensions.
The Southern Poverty Law Center, an organisation focused on anti-extremism efforts, faces charges in the US related to payments made to informants within hate groups. The group has vowed to vigorously defend its actions and staff.
In South Korea, a military report found that two fighter jets collided because the pilots were taking photos during flight. One pilot was fined thousands of dollars to help cover repair costs, underscoring the consequences of distractions during military operations.
Taiwan’s president was forced to cancel a planned trip after several African countries revoked flight permits. Taiwan has accused Beijing of pressuring these countries to close their airspace to the president’s plane, reflecting ongoing geopolitical tensions.
Concluding a tour of Africa, Pope Leo delivered a candid speech criticizing prison conditions in Equatorial Guinea. His remarks reflected the frank style seen throughout his visit, spotlighting human rights issues in the region.
Los Angeles has become the first major US school district to limit classroom screen time, a move aimed at reducing reliance on electronic devices following increased usage during the pandemic. Serving about half a million students, the district hopes this approach will balance technology use with other forms of learning.