AI sell-off intensifies as investors ditch chip stocks
Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionBusiness live – latest updatesThe sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months.Investors continued to ditch chip stocks on Tuesday, amid rising concerns about the huge amount of borrowing among AI companies to fund their datacentre expansion plans. Continue reading...
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Conflict in Ethiopia
• Tensions are rising in Ethiopia's Tigray region due to the incomplete implementation of the Pretoria Agreement. • Key sticking points include the failure to fully disarm Tigray Defense Forces and the continued presence of Eritrean troops on Ethiopian soil.
Read original · cfr.orgU.S. air defense supply shrinks during Iran war, leaving experts concerned
• The United States has experienced a pause in direct fire exchanges with Iran, though experts suggest this is driven by more than just diplomatic efforts. • A critical shortfall in the inventory of ballistic missile and drone defense systems has emerged as a primary challenge for the U.S. military during the conflict.
Read original · pbs.org
PBSSecurity Council LIVE: Briefing on Ukraine as deadly Russian strikes hit cities and ports
• The UN Security Council convened on Monday at Ukraine's request to address the escalation of large-scale Russian military strikes. • Recent attacks, including an overnight strike on Kyiv on July 19, resulted in at least one civilian death and over a dozen injuries.
Read original · news.un.org
UN NewsInstability in Iraq
• Iraq continues to struggle with severe political instability and recovery challenges six years after the war against the Islamic State. • Humanitarian needs remain critical, with three million people requiring assistance and over one million individuals still internally displaced.
Read original · cfr.orgPoorest Countries in the World 2026
• Africa is home to 9 of the 10 poorest countries in the world as of 2026, facing a combination of compounding systemic issues. • These nations are struggling with severe climate conditions, widespread corruption, and ongoing civil wars fueled by ethnic and sectarian strife.
Read original · gfmag.com
Global Finance MagazineKentucky teen lauded for defending girl from sexual harassment fatally shot
Da’Jon Anthony Hayes-Burr, shot by another teenager, had stopped a 45-year-old man from harassing a 12-year-old girlKentucky’s largest city is mourning the recent shooting death of a teenage boy who had earned a municipal commendation months earlier for defending a young girl from sexual harassment – and survived being stabbed in the process.Da’Jon Anthony Hayes-Burr, 15, was shot on Saturday night in Louisville’s Shawnee neighborhood, according to authorities there. He was later pronounced dead at a hospital, and police booked a 14-year-old on a count of murder, as the Louisville news outlet WAVE first reported. Continue reading...
Read original · theguardian.comAlarm as Florida rushes to carry out ‘incredibly rare’ double execution
Rights groups condemn secrecy surrounding killings and say hurry to execute raises chance of ‘torturous’ deathsFlorida is preparing on Tuesday to carry out the state’s first double execution within a single day since the start of the modern era of the US death penalty in 1976.Barring last-minute legal intervention, James Duckett, 68, is scheduled to die by lethal injection at noon on Tuesday at Florida state prison near Starke. Six hours later, Dominick Occhicone, 80, faces the same fate. Continue reading...
Read original · theguardian.comAmericans feel pinch of continued Iran war: ‘It’s screwed everything up’
Whether in favor of or against the US-Israel war on Iran, people across the country are left holding the bill and wondering on its purposeFive months after the United States and Israel started a historically unpopular war against Iran that was going to supposedly last weeks, the fighting has refused to resolve in victory, defeat or peace. Iran’s Supreme Leader had been killed in the opening strikes, ceasefires broke down, and the strait of Hormuz has been closed and re-opened.For voters interviewed across the country, while the damage may be distant, the residual effects have shown up at the pump, on the grocery bill and in a phone call telling a spouse they have a day to report for deployment. And for a country still absorbing the aftermath of Israel’s war on Gaza – funded to the tune of billions of dollars by the United States – the war in Iran lands on top of an already raw argument about what American power is for. Continue reading...
Read original · theguardian.comLindsey Graham’s funeral ceremonies to begin with Netanyahu and Zelenskyy in attendance
Memorials for the Republican senator to start in US Capitol as Israeli and Ukrainian leaders are set to meet with TrumpTwo days of funeral ceremonies for Lindsey Graham, the late South Carolina Republican senator, will begin in Washington on Tuesday, with mourners set to include Israeli prime minister Benjamin Netanyahu and Ukrainian president Volodymyr Zelenskyy.Both leaders will also meet Donald Trump at the White House. Continue reading...
Read original · theguardian.comAfter 48 hours of acrimony, Ben Carroll’s U-turn for the ages needs to set Victoria on a new course
The newly minted premier must convince voters that he doesn’t represent more of the sameWill a new premier save Victorian Labor? - Full Story podcastWho is Ben Carroll?Ben Carroll had hoped to quietly rise to the top job. Instead, he became Victoria’s 50th premier after 48 hours of heated confrontations and shouting matches, all as the public watched on.It was his first confrontation against the premier, and he emerged from it relatively unscathed. Continue reading...
Read original · theguardian.comAriana Grande sues hackers who allegedly sold unreleased music and photos online
Pop star aims to use legal process to name ‘wrongdoers who hide in the shadows and wreak technological havoc with impunity’Ariana Grande has filed a lawsuit against hackers who she alleges have stolen unreleased music, as well as private photos and video footage, and sold them online.Grande filed the lawsuit in a Los Angeles court on Monday. It doesn’t name the hackers, who are referred to with the generic name John Doe. Grande will look to have them identified during the legal process “in order to hold them accountable for their invasive and reprehensible conduct”, the lawsuit reads. Continue reading...
Read original · theguardian.com