Japan earthquake injures 50 and traps ‘many people’ inside shopping mall

• The Iran-backed Houthi militia in Yemen has escalated attacks to exploit a period of vulnerability within Saudi Arabia. • The group aims to leverage this conflict to secure significant political concessions regarding the ongoing war in Yemen.

• Intensified hostilities in Ukraine and surrounding areas are devastating civilians and threatening global food security, according to senior UN officials. • The conflict has led to a 20 per cent spike in wheat prices since the start of July, as well as attacks on third-party merchant vessels.

• A new war in Yemen is looming, with signs indicating a re-eruption of conflict is imminent. • Recent developments have strengthened anti-Houthi forces in the country, potentially altering the balance of power.

• The Houthi threat to Saudi oil exports is worsening the energy crisis in Asia. • Japan, South Korea, and the Philippines are already reeling from the closure of the Strait of Hormuz, exacerbating the issue.

• Tensions exist between Armenia and Azerbaijan over a disputed border region. • A joint declaration of peace has been agreed upon, along with a request to dissolve the OSCE Minsk Group.

• UNESCO has identified six World Heritage sites at risk due to conflict, insecurity, and environmental pressures. • The Palestinian site is under threat from the ongoing Middle East conflict, development, and plans for a national park that may divide the property.

• 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.

• 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.

• 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.

• 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.

Australian banks ‘not getting the basics right’, regulator says after review of more than 200,000 home loansGet our breaking news email, free app or daily news podcastAsic has accused banks of “not getting the basics right”, after the regulator found faulty mortgage offset accounts meant borrowers were being overcharged tens of millions of dollars in extra interest payments.In a new report, the Australian Securities and Investment Commission showed lenders repaid $55m to hundreds of thousands of customers over two years for offset failures, and warned this figure would climb higher as remediation continued. Continue reading...

Former Olympic canoeist Davey Hearn’s lawyers say testimony undermines felony chargeA witness in the case against a former Olympic canoeist accused of vandalizing the Lincoln Memorial reflecting pool testified that the area of the pool liner was already damaged and would have required repairs regardless of David “Davey” Hearn’s alleged actions.A court filing released on Monday contained that revelation – and in the document, lawyers for Hearn requested access to all grand jury testimony that led to his indictment, pointing to “irregularities” in those proceedings.The Associated Press contributed reporting Continue reading...