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• The U.S. has approved daraxonrasib, a breakthrough drug designed to treat pancreatic cancer, which is widely regarded as one of the most serious and difficult-to-treat malignancies. • Unlike traditional chemotherapy, this medication specifically targets the activated KRAS protein found within pancreatic cancer cells to inhibit tumor growth. • Clinical trial data involving medical oncologist Kyaw Lwin Aung indicates that the drug is highly effective, doubling the survival time for patients.

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubbornThe US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it is “the Fed’s job to deliver stable prices”.Warsh did not indicate where the Fed will take interest rates in the coming months, despite US inflation remaining stubbornly above the central bank’s 2% target amid the war in Iran. But his speech was taken by markets as a signal that rates may rise in the coming months, a move that may put him at odds with Donald Trump, who has aggressively called for rates to be cut. Continue reading...

• Massive flash floods in central Nepal have resulted in numerous deaths and left over 750 people missing, including 133 Indian nationals. • Indian authorities report that at least 290 Indian citizens currently remain "uncontactable" following the deluge. • Both Nepal and China have issued warnings regarding fresh flood risks, indicating that the region remains under significant threat.

Gary mayor says 12 days is ‘too long’ for residents to go without power after storm downed trees on to power linesThe mayor of Gary, Indiana, has said it is “unacceptable” that thousands of residents in the city are still without power nearly two weeks after an 11 August storm known as a derecho brought 90 mph, straight-line winds, downing trees on to power lines.“We’re at day 12, and 12 days is too long for families to be without power,” Eddie Melton, Gary’s mayor, said in a video address on Sunday, adding that he is continuing to pressure the Northern Indiana Public Service Company (Nipsco) to restore the city’s power before the end of Tuesday. Continue reading...

• KBRA has affirmed the credit ratings for Northwest Bancshares, maintaining a stable outlook for the company. • The rating decision is supported by the organization's strong funding capabilities and the maintenance of solid profit margins. • While KBRA noted the presence of loan risks, it characterized these factors as manageable within the current financial framework.

• OpenAI's president recently published a blog post promoting "agentic AI," though analysts argue the piece omitted critical discussions on safety and control. • Mark Tauschek of Info-Tech Research Group notes that major AI labs are deprioritizing early ethics guardrails in favor of cybersecurity capabilities to attract investment. • The shift is significant because it suggests a waning appetite to slow development for the sake of ensuring models act ethically for average users.

• Britain's Keely Hodgkinson secured gold in the 800m with a time of 1:55.01, beating Femke Bol who finished in 1:55.54. • Other key results include Germany's Owen Ansah winning the men's 200m in 19.95 seconds, while GB's Zharnel Hughes took silver. • Norway's Karsten Warholm achieved a milestone by powering to his fourth successive 400m hurdles gold, and Italy's Gianmarco Tamberi won the high jump.

• Day three of the European Athletics Championships in Birmingham featured standout performances from top athletes, including a gold medal win for Finland's Silja Kosonen. • Kosonen, 23, secured the women's hammer title with a mark of 76.28m, followed by Italy's Sara Fantini (74.35m) and Norway's Beatrice Nedberge Llano (72.88m). • Matthew Hudson-Smith continued his record-breaking run, placing him among the most successful male medallists in the competition's history alongside figures like Mo Farah and Jakob Ingebrigtsen.

• Leading fitness trade show organizers in Asia are facilitating strategic connections between brands, manufacturers, buyers, and distributors for the 2026 event cycle. • These exhibitions span key markets including China, Hong Kong, Taiwan, Japan, South Korea, and Southeast Asia to strengthen regional sports business cooperation. • The initiative is critical as China's fitness equipment export volume continues to grow, requiring organizers to balance domestic supply-chain depth with international buyer reach.

• Italy has condemned Spain's introduction of border controls on Italian visitors, labeling the move "unacceptable." • The retaliation follows a diplomatic dispute triggered by events in Ceuta, leading Madrid to implement checks on travelers from Italy. • This escalation highlights deep sensitivities regarding migration management across the EU and reflects growing tensions between member states.

Travellers caught up in ongoing migration row as Madrid introduces retaliatory measures on visitors from Italy after Rome imposed checks Italy’s foreign minister has called Spain’s decision to impose retaliatory checks on travellers from Italy “incomprehensible and completely unacceptable” as people making their way between the two EU countries were left grappling with the fallout of the escalating feud.Spain started carrying out spot checks on visitors from Italy at midnight on Saturday. The tit-for-tat move came after Rome infuriated Madrid by launching checks on 1 August for travellers from Spain in response to the recent influx of about 72,000 people into Ceuta, a Spanish territory in north Africa. Continue reading...

• Attorney Alexandre Lazarègue reports that a new phase of the European Artificial Intelligence Regulation will come into force on August 2, 2026. • The regulation shifts accountability to business leaders, emphasizing that AI consequences extend beyond technical issues to include legal and ethical obligations. • Key areas of impact include data protection, cybersecurity, intellectual property, fundamental rights, and corporate civil liability.

• Parliament's Monsoon Session 2026 was adjourned until 2 pm on Monday, with the FCRA Bill expected to be tabled. • The Opposition is preparing to protest against alleged police action targeting demonstrators in Delhi, leading to expectations of a stormy session. • Congress MP Manish Tewari submitted an Adjournment Motion in the Lok Sabha to discuss a new anti-defection law to curb opportunistic political defections.

• French Interior Minister Laurent Nuñez confirmed that France will not seek Spain's removal from the Schengen visa-free travel zone following a mass border crossing crisis in the enclave of Ceuta. • The statement follows accusations from Spanish Prime Minister Pedro Sánchez, who slammed some EU nations, including Italy, for "selfish" and "polarising" responses to the influx of tens of thousands of migrants from Morocco. • Sánchez argued that calls to suspend Spain from the Schengen area were fueled by "prejudice, fake news, ignorance, or political interest" rather than factual necessity.

• Indian badminton players HS Prannoy and Unnati Hooda advanced to the second round of the Taipei Open 2026 following comfortable opening victories. • Eighth seed Devika Sihag also progressed after overcoming a first-game deficit to defeat South Korea's Park Ga-eun 14-21, 21-7, 21-15. • Conversely, Indian men's singles players Rounak Chouhan, Mithun Manjunath, and Saneeth Dayanand were all eliminated from the competition.

Move comes as the Trump administration has increasingly sought to keep Chinese technology out of the USThe Federal Communications Commission announced a ban on humanoid robots from China on Tuesday, saying that the technology poses “unacceptable risks” to the country’s national security. The move comes as the Trump administration has increasingly sought to keep Chinese technology out of the US.The FCC defines the banned robots as “advanced robotic devices”, which include humanoids and animal-like quadrupeds. Continue reading...

• The week ending 7/25/26 saw notable startup funding rounds for companies like Neo Security, Vikk AI, and Glow. • A total of $3.1B in new funding was raised across twenty-three deals. • These funding rounds are significant as they indicate ongoing investment and growth in the startup ecosystem.

• The CJP reported that the Indian government has assured protections for all protesters following a series of late-night discussions on July 28, 2026. • An exclusive report reveals that the Centre attempted to shift Dharmendra Pradhan's portfolio as an alternative before his eventual resignation. • In Bihar, a police constable has been suspended after allegedly using an AK-47 weapon against protesters.

• The Indian government is set to introduce the Public Examinations Amendment Bill in Parliament on July 27. • The proposed legislation aims to amend the Public Examinations (Prevention of Unfair Means) Act, 2024, to implement more stringent punishments for those involved in paper leaks. • This move is critical to safeguarding the integrity of national competitive exams and deterring organized fraud in the examination process.

• Jhandu Kumar, a determined athlete from Bihar, has become India's first medalist for the 2026 Commonwealth Games. • Kumar overcame severe financial hardships, previously working as a vegetable seller and an e-rickshaw driver during the COVID-19 pandemic to support his family. • His journey highlights a remarkable transition from manual labor to international sporting success through persistent training and resilience.

• During the fifth day of the 2026 Parliament Monsoon Session, the Rajya Sabha was adjourned following an uproar over a paper leak and the tabling of the Vande Mataram Bill. • Opposition members in both the Lok Sabha and Rajya Sabha disrupted proceedings to demand the resignation of Union Education Minister Dharmendra Pradhan. • The protests are centered on the ongoing NEET examination controversy, highlighting significant political tension regarding educational integrity and government accountability.

• Fitch Ratings has upgraded the Alabama Port Authority's revenue bond rating to A- with a stable outlook. • The upgrade is attributed to the authority's improved revenue diversity and the implementation of strategic capital plans. • This rating increase signifies stronger financial stability and a reduced risk profile for the port's debt obligations.

• The White House has accused Chinese startup Moonshot AI of stealing technology from Anthropic to develop its Kimi K3 open-weight model. • Michael Kratsios of the White House Office of Science and Technology Policy stated on Wednesday that evidence shows Moonshot used "covert distillation" of Anthropic's Fable model. • This incident is significant as the Kimi K3 model recently caused volatility in tech stocks and highlights growing tensions over the theft of US AI intellectual property.

• A Mimecast report reveals that 65% of IT and security leaders in Singapore and Australia believe an AI-driven attack on their organization is inevitable within the next 12 months. • Despite this perceived threat, only 40% of these decision-makers claim to be fully prepared with specific strategies to counter AI-driven attacks. • The financial stakes are high, with the average cost of a single insider-driven data exposure estimated at $13.1 million, potentially leading to an annual risk exposure of $943.2 million for firms facing six incidents monthly.

• Astronomers have confirmed the first atmosphere around a rocky planet located in its star's habitable zone, identified as LHS 1140 b. • Located 48 light-years away, the planet's atmosphere was detected by observing helium slowly leaking into space. • This discovery is significant because the world may have preserved its atmosphere for billions of years, increasing the likelihood of habitability.

• The China Securities Regulatory Commission (CSRC) chairman has vowed to maintain a "stable market" following a rebound in A-shares driven by concerted buying. • This commitment follows a strategic meeting between the CSRC and investor representatives aimed at boosting confidence in the domestic stock market. • The rapid government intervention highlights Beijing's belief that the onshore yuan-denominated market is essential for funding technological innovation and economic growth.

• A total of 28 notable startup funding rounds were reported for the week ending July 18, 2026, totaling $4 billion in new capital. • Key companies securing investment during this period include Flex, Regatta, and Rime, alongside other ventures such as Redwood City-based Fireworks AI. • This surge in funding highlights continued investor appetite for AI infrastructure and scaling platforms, particularly those utilizing open-source models.

• The Indian government is preparing to introduce and pass several major bills during the upcoming Monsoon Session of Parliament. • While the government aims to clear its legislative agenda, Opposition parties are coordinating strategies to challenge the proposed laws and raise critical national issues. • This session is significant as it will determine the trajectory of key policy changes and legislative reforms for the current term.