2026-07-21
President Donald Trump said on Tuesday that the United States was far from finished with Iran. He warned that the next American military target could be an underground nuclear complex known as Pickaxe Mountain. Trump said the strike would come “pretty soon.” France 24’s James Vasina reports on the warning and the possible target.
President Donald Trump is expected to impose new tariffs on goods from dozens of economies by Friday, according to people familiar with the matter. The move would keep his tariff regime in place after the temporary global duties expire. The stopgap measure currently applies a 10% tariff worldwide. Its expiration is prompting the administration to introduce fresh levies to preserve the broader policy framework.
Bloomberg News★★★★☆2026-07-21 23:30Original
Canadian Prime Minister Mark Carney said Canada was considering “all options” after US President Donald Trump announced plans for new 50 percent tariffs on many Canadian goods in 30 days. Carney said he and Trump had agreed to intensify discussions over the coming weeks about a possible deal. He did not indicate that he would travel to Washington for the talks. The developments add pressure to Canada-US trade relations as Ottawa weighs its response to the threatened measures.
The Philippine military accused China’s coast guard of allegedly injuring a Filipino sailor during an incident at the disputed Second Thomas Shoal in the South China Sea. Philippine officials said personnel aboard a motorboat repeatedly hit the sailor on the head with a wooden baton. They said the assault injured him and damaged his smaller vessel. China’s coast guard responded by claiming that two rubber boats involved belonged to an “illegally” stationed Filipino presence. The two sides presented sharply different accounts of the encounter.
The Associated Press★★★★☆2026-07-21 21:12Original
Europe is warming faster than any other continent, putting pressure on its economic outlook. European Commission estimates indicate that the region needs to spend $80 billion each year to adapt. The required investment reflects the growing economic burden associated with extreme heat. Climate adaptation costs are consequently becoming a significant factor in assessing Europe’s prospects.
Bloomberg News★★★★☆2026-07-21 23:00Original
Kanto and Tokai are forecast to experience days of extreme heat on the 22nd. On the 21st, temperatures in Gifu and Aichi prefectures rose above 40°C, marking the first such “extreme heat day” since the Japan Meteorological Agency began using the term. People are urged to take strict precautions against heatstroke. Meanwhile, Tohoku is expected to see intense rainfall.
India’s so-called “cockroach” movement began as satire but now wants to be treated seriously. Thousands of protesters in New Delhi were met with police tear gas and beatings a day earlier. The demonstrators are refusing to leave their protest site in the city. They say they will remain there until their demands are addressed. The protests have also prompted a political response.
The death toll from a ferry that capsized off Guyana has climbed to 41, according to the government on Tuesday. Authorities said 14 additional bodies had been recovered as rescue operations continued. The number of survivors brought to safety also increased, reaching 77. The figures reflect the latest updates from the government following the deadly maritime accident.
Reuters★★★★☆2026-07-21 18:45Original
Pakistan has requested a $10 billion exchange stabilization facility from the United States, according to a source briefed on the matter. If Washington approves the request, the arrangement could help strengthen Pakistan’s reserves. The source described the potential support as a lifeline for the cash-strapped South Asian economy. The proposal remains subject to US approval.
Reuters★★★★☆2026-07-21 20:45Original
Rahul Gandhi, the leader of India’s opposition party, has been detained by security forces. He was leading a sit-in outside Prime Minister Narendra Modi’s official residence in New Delhi. The protest opposed a crackdown on student demonstrations. Shujaat Ali Quadri, chairperson of the Muslim Students Organisation of India, is also providing further comment on the situation.
Andy Burnham brought together his new cabinet on July 21 as he began work on his first full day as Britain’s prime minister. Before that, he had announced an energy tax cut intended to ease pressure from the cost of living. The new administration includes many fresh faces. By removing most of Starmer’s supporters, Burnham signalled that the government is moving in a more left-leaning direction.
Britain’s new Prime Minister Andy Burnham has begun a programme aimed at easing living costs for millions of people. His government plans to remove tax from household electricity bills through a VAT cut. The measure is intended to reassure markets before Burnham’s first cabinet meeting. He says the cost will be covered by scrapping his predecessor’s digital ID scheme.
UK government bonds moved only slightly as investors waited for further policy details from new Prime Minister Andy Burnham. Weak economic data reduced expectations that interest rates would rise. Burnham later appointed former Defense Secretary John Healey as Chancellor of the Exchequer. Healey has argued for higher military spending, yet markets broadly regard him as a safe pair of hands because of his previous Treasury experience. Investors were assessing the implications as European markets opened.
Bloomberg Television★★★☆☆2026-07-21 10:08OriginalAndy Burnham has become the United Kingdom’s seventh prime minister in a decade. He says he will put forward a ten-year programme designed to offer the country a different political and economic model, moving away from neoliberal policies adopted in the 1980s. His government must contend with a high cost of living and the growing popularity of the far right. Burnham has also nominated the members of his government.
US equity futures moved higher as chipmakers extended their rebound. US-Iran strikes continued for a tenth straight day while mediators worked to revive a truce. State Street’s Marvin Loh discussed the volatility facing markets in the current environment. At the Farnborough International Air Show, Bloomberg’s Guy Johnson spoke with Lockheed Martin’s Orlando Sanchez about global defense spending. The program also opened with Asian stocks rising after three days of declines.
Bloomberg Television★★★★★2026-07-21 11:37Original
US Trade Representative Jamieson Greer has hinted that Washington may impose new tariffs on 60 trading partners. The suggestion comes as temporary tariffs introduced under Donald Trump are due to expire on Friday. The looming deadline is putting the current trade duties at the centre of attention. Any new measures would affect a broad group of US trading partners as existing arrangements approach expiration.
The 46 children and teachers abducted in Nigeria’s southwestern Oyo state on May 15 were rescued and returned to their families on July 10. Since the dramatic kidnapping of Chibok schoolgirls in 2014, schools across Nigeria have faced repeated waves of mass abductions. Around 27% of Nigerian children are out of school, among the highest rates worldwide. The danger of kidnapping has become one of the major barriers preventing children from pursuing their education.
Nicaragua’s long-serving president, Daniel Ortega, said the Central American country will no longer conduct elections. The move would eliminate the possibility of an electoral challenge when his term ends next year. It would also further entrench the rule Ortega shares with his wife. His statement points to a continued tightening of political control in Nicaragua.
Reuters★★★★☆2026-07-21 10:15Original
The latest flashpoint in the South China Sea has led both China and the Philippines to summon each other’s ambassadors. A scuffle near the Second Thomas Shoal is also weighing on the ASEAN meeting in Manila. The Philippines, which chairs the bloc, is nevertheless sticking to a diplomatic line. It says continued cooperation remains a strategic necessity. The tensions have added pressure to a gathering focused on regional engagement.
Russia’s State Duma has passed a law in its second and third readings extending the fuel price dampener mechanism to diesel imports. Under the measure, oil companies will receive compensation from the federal budget for the difference between export prices and domestic market prices. A similar mechanism had previously been adopted for gasoline imports. The subsidy is intended to help importers keep diesel prices in check.
France’s two parliamentary chambers are expected to give final approval to legislation barring children under 15 from social media. The measure comes amid growing concern about the mental health of young people. If enacted, France would follow Australia’s example. Australia introduced the world’s first ban for under-16s in December, covering platforms such as Facebook, Snapchat, TikTok and YouTube. The French legislation is presented as a measure that must deliver results.
A federal judge has approved Anthropic’s $1.5 billion class-action settlement. Ongoing conflicts also influenced discussions at the Farnborough Airshow. The event is among the world’s largest gatherings focused on aerospace and defense. The roundup highlights these and other leading stories from the technology sector.
Reuters★★★☆☆2026-07-21 14:53Original
Former CDC Director Dr. Robert Redfield discusses a nationwide cyclospora outbreak reportedly connected to Taylor Farms lettuce from Central Mexico. The report says the Food and Drug Administration is maintaining its position on the contaminated lettuce outbreak despite a false-positive result. The episode has drawn attention to the reported nationwide spread and the suspected link to the produce supplier. Redfield addresses the outbreak as the investigation remains under scrutiny.
Fox News★★★☆☆2026-07-21 12:30Original
The United States launched another wave of strikes against Iran, extending the attacks into a 10th consecutive day. President Donald Trump had said Iran would “pay” for the deaths of US troops. The strikes continued as mediators worked to revive talks. Bloomberg’s European morning program also highlighted Andy Burnham’s surprise decision involving Chancellor Healey, alongside overnight market developments from the US and Asia and issues relevant to European investors.
Bloomberg Television★★★★★2026-07-21 06:57OriginalThe US military says it has carried out strikes on Iran for a tenth night in a row, hitting command centers and air-defense systems. The attacks follow Donald Trump’s promise of retaliation after at least three American soldiers were killed. The bombing campaign now appears to be spreading beyond the areas targeted in earlier days. Al Jazeera reports that the operation is expanding geographically as the strikes continue.
Chinese regulators are weighing tighter controls on exports of artificial-intelligence models and semiconductor technologies, according to a Financial Times report published Tuesday. The possible measures would cover both AI-related systems and chips. The report presents the controls as under consideration rather than already adopted. Any change would add to China’s oversight of sensitive technology exports. No final decision is described.
Reuters★★★★☆2026-07-21 04:30Original
The U.S. dollar remained close to a one-week high on Tuesday. Markets were caught between conflicting signals from the Middle East. Ongoing hostilities in the region revived concerns that energy supplies could be disrupted. At the same time, hopes of a ceasefire provided some relief, leaving investors to balance renewed risks against the possibility of de-escalation.
Reuters★★★★☆2026-07-21 03:10Original
Lebanese President Joseph Aoun is due to meet US President Donald Trump in Washington on Tuesday. The meeting comes as pressure grows on Beirut to disarm Hezbollah. Israel has made that demand a key condition for withdrawing from southern Lebanon. A day earlier, the United States said it had begun implementing an agreement giving the Lebanese army control of “pilot zones” in the south.
Lebanese President Joseph Aoun has arrived in Washington for what is described as a historic meeting with US President Donald Trump and Secretary of State Marco Rubio. Diplomatic efforts are focused on security arrangements in southern Lebanon. The discussions include proposed security “pilot zones” intended to strengthen the Lebanese government’s control over national security. Rubio said Washington wants Lebanon’s government to be the sole authority responsible for security.
The Trump administration said it would impose a new 50% tariff on selected Canadian goods. It described the measure as a response to what it called unfair treatment of American alcohol, automobiles and dairy products. The announcement adds to worsening trade tensions between the United States and its neighboring country, Canada.
Bloomberg News★★★★☆2026-07-21 00:30Original
France’s record-breaking heatwave in late June has exposed the deadly pressure that extreme heat can place on an ageing society. Gautier Caton, who has worked as a funeral director for nearly 25 years, says he has never seen anything comparable. Bodies arrived at as much as three times the normal rate during the heatwave. To store them, he rented five refrigerated containers.
Reuters★★★☆☆2026-07-21 06:45Original
New UK Prime Minister Andy Burnham has unveiled his cabinet on his first day in office. The reshuffle includes the surprise appointment of John Healey as chancellor. Shabana Mahmood is staying in her role at the Home Office. Ed Miliband is moving to become foreign secretary. The announcements outline the team Burnham has assembled, including ministers who have been promoted and others who have been dismissed.
BBC News★★★☆☆2026-07-21 06:30Original
New estimates indicate that road deaths have fallen both in the United States and worldwide. A study published Monday in Lancet Public Health found that global road injuries and deaths each dropped by more than 30% between 1990 and 2023. The decline was not shared by poorer countries. The findings point to uneven progress in reducing road-related harm around the world.
The Associated Press★★★☆☆2026-07-21 06:00Original
The United States struck Iranian targets after President Donald Trump said Tehran would “pay” for killing three US soldiers. Iran, in turn, attacked US military sites in Kuwait and Jordan. Mediators are working to revive a truce after the accord reached on June 17 unraveled. The exchanges mark a sharp escalation between Washington and Tehran while diplomatic efforts continue.
Bloomberg Television★★★★★2026-07-21 05:29Original
The British government borrowed £16 billion in June, marking a one-third decline from the same month last year. Official figures nevertheless highlighted the enormous fiscal challenge confronting the country’s new Prime Minister, Andy Burnham. The lower borrowing total therefore offers limited relief as the government deals with its wider fiscal pressures.
Reuters★★★☆☆2026-07-21 07:05Original