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Lithuania Prime Minister Gintautas Paluckas stepped down following investigations into his business dealings that prompted protests in the Baltic country’s capital calling for his resignation

New Zealand reverses ban on offshore oil and gas exploration - AFP

Reuters citing Trump: Canada's declaration of support for a Palestinian state makes it difficult for us to conclude a trade agreement with it.

“I don’t care what India does with Russia. They can take their dead economies down together for all I care,” declares U.S. President Donald Trump

Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.

Trump: Things are going well with China

Trump: We will make a very clear deal with China

White House: Trump signed an executive order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%

Yemeni Central Bank Governor: We have completed the transfer of the entire banking system to the capital, Aden.

Today, Treasury’s Office of Foreign Assets Control is sanctioning Brazilian Supreme Federal Court Justice Alexandre de Moraes, who has used his position to authorize arbitrary pre-trial detentions and suppress freedom of expression

Real GDP increased at a 3.0% annual rate in Q2, beating expectations of 2.6%. The increase was driven by rising consumer spending and net exports. President Trump continues to right-size federal spending, which fell notably in 1H

Trump: The Federal Reserve must cut interest rates immediately.

Trump: Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country. Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST.

Trump: Tariffs will be implemented on Friday, and we will not delay it.

Brazilian President to New York Times: We are aware of the economic and military power of the United States, and this worries us, but it does not frighten us.

Russia has banned the sale of nine models of Chinese-made trucks from the brands Dongfeng, Foton, Faw and Sitrak. This was reported by Rosstandart.

Turkey will start providing Syria with natural gas as of August 2, as Azerbaijan would also be involved in the export running through Kilis

Trump gives Russia 10 days from today

The Russian government has imposed a complete ban on gasoline export abroad in August

China and the United States have begun trade talks in Stockholm. - Reuters

Ukraine imports Azerbaijani gas for the first time through the Trans-Balkan Corridor — the agreement between Naftogaz and a company from the SOCAR group was announced by Naftogaz CEO Koretsky. A small test delivery is being made through Bulgaria and Romania to the Ukrainian border

French Prime Minister describes the trade agreement with America as a "European surrender"

The framework trade agreement which the United States and the European Union signed is worse than the trade deal that the United Kingdom reached with the U.S. earlier, Hungarian Prime Minister Viktor Orban said. "This is not an agreement. (President) Donald Trump ate (European Commission President) Von der Leyen for breakfast, this is what happened and we suspected this would happen as the U.S. President is a heavyweight when it comes to negotiations while Madame President is featherweight," Orban told a podcast

.@vonderleyen: "We have a trade deal between the two largest economies in the world — and it's a big deal. It's a deal."

Trump also said agreeing that the tariff across automobiles and everything else will be 15%

Trump says they've reached a deal with the EU.The EU will agree to purchase $750B worth of energy, they will agree to invest into US $600B more than current investment, military equipment and opening countries to trade at zero tariff

Drones have attacked electrical substation in Okyabrskiy village of Volgograd region

China announces BRICS will soon take steps to reduce dependency on U.S. dollar

Partial blackout in Sumy as result of Russian attack at the electrical power infrastructure

The Central Bank of Russia has lowered the key rate for the second time this summer – from 20% to 18%.