The United States will impose import tariffs of 12.5% on Russia, according to a document. The new duties are set to replace temporary global tariffs on American imports. Those temporary tariffs were introduced on February 24 for a 150-day period. The document provides no further details about the arrangement.
Briefing
2026-07-23
16-24
The Houthis’ blockade of Bab al-Mandeb threatens a vital route for global trade. Because the passage is important to international commerce, disruption there could affect trade beyond the Red Sea. The blockade therefore carries potential consequences for the wider world economy and supply chains.

The war in Sudan is placing cancer patients at risk. The conflict is worsening the dangers faced by people living with cancer. Their vulnerability is linked directly to the continuing war. The report focuses on the health consequences of Sudan’s conflict for this patient group.
Donald Trump says the US-Saudi civilian nuclear cooperation deal depends on Saudi Arabia joining the Abraham Accords. The United States and Saudi Arabia have reached an agreement on civilian nuclear cooperation. The reported condition links the nuclear deal to a broader diplomatic arrangement.
As rising land prices in the Tokyo metropolitan area make it harder to secure sites for condominium projects, Itochu Corporation and JR East are joining forces in the real-estate business. They will establish a new company called JR East Itochu Real Estate Development. Using the distinctive Crevia brand, the company plans to focus on high-value-added offerings. Easing constraints related to asset efficiency is expected to support a stronger push for expansion.

Iran says a United States strike on Bandar Abbas injured two people.

Advisers to the U.S. Food and Drug Administration voted on Thursday to add the widely used peptide BPC-157 to a designated list. Inclusion would allow pharmacies to compound the peptide more broadly. The vote concerns how extensively pharmacies may prepare BPC-157 under the agency’s compounding framework. It does not itself describe broader regulatory action beyond the panel’s recommendation.
On July 22, State Duma deputies approved two laws designed to ensure the “inevitability of punishment” for people evading Russian justice abroad. The measures would freeze the money of exiled critics, block their passports, and cut off consular assistance. Human rights advocates from First Department describe the rules as a route to the de facto stripping of citizenship from opponents of the ruling regime. Russian authorities are prosecuting those opponents under political articles of the Criminal Code.
The Pentagon said Thursday that it had reached an agreement with Oracle worth nearly $7 billion and lasting up to 10 years. The deal will combine the department’s on-premises software licenses under one contract. It represents the latest effort by the Pentagon’s technology chief to reduce spending. The strategy focuses on eliminating fragmented purchasing across the department.
U.S. President Donald Trump’s involvement in clearing Folarin Balogun from a mandatory one-game suspension at the World Cup is expected to trigger a formal complaint. Norway is preparing to take the matter to FIFA ethics investigators. The dispute centers on how the red-card ruling was handled and on Trump’s reported role in removing the required ban.
08-16
Benchmark oil prices have risen above $100 a barrel again for the first time in two months as the Middle East conflict escalates. The sharp increase reflects fears that disruption to global supplies could worsen. Markets are concerned that Yemen’s Houthi militia might choke off Saudi oil exports through the Red Sea. At the same time, tensions between the US and Iran over oil flows through the Strait of Hormuz are intensifying.

The Iran-backed Houthis claimed their first attack on commercial ships in several months, opening a new front in the US-Iran war. The conflict has already disrupted global energy supplies and rattled bond markets. Alphabet lifted its forecast for capital spending this year to as much as $205 billion, reviving concerns that the race to lead artificial intelligence may lack fiscal discipline. In Britain, Chancellor of the Exchequer John Healey pledged disciplined control of the country’s public finances.

Two Israeli banks are expected to stop working with their Palestinian counterparts in the coming months, according to Israeli officials. They cite risks linked to possible terrorism financing and money laundering. The planned move is intensifying fears that the Palestinian economy could face a crisis. The banks’ decision would further strain financial links between Israeli and Palestinian institutions.
Foreign ministers from China, Japan and South Korea have renewed their pledges to strengthen cooperation at an ASEAN Plus Three meeting. Their call comes amid tensions in the South China Sea. The programme also reports that South Korea’s president warned heavy property investment could create a Japan-style asset bubble. Meanwhile, the growing popularity of China-origin open-source models is fueling anxiety in Washington.

Chinese AI platforms are rapidly narrowing the gap with their US counterparts. The development has prompted fresh threats from the Trump administration. Accusations of intellectual property theft are adding to tensions between the two sides. The central question is whether competition in artificial intelligence could boil over into a broader confrontation.

The US military says it has carried out another round of strikes against military targets in Iran. The attacks are described as the 12th consecutive night of US action there. Omid Memarian, a senior Iran analyst and communications director at DAWN, provides further insight into the strikes and their ongoing context.

The European Central Bank has left its base interest rates unchanged. It said it was closely monitoring the shock to energy prices. The war against Iran has driven energy costs higher, pushing inflation above the ECB’s targets. The central bank’s response reflects concern over the inflationary effects of the energy shock while rates remain on hold.

Indian Prime Minister Narendra Modi has ended his silence over the student movement calling itself the Cockroach Janta Party. He promised swift punishment for those blamed for leaking answers. The leak led to the cancellation of an undergraduate medical examination involving about 2.2 million students. The scandal has fueled a youth-led revolt seeking the education minister’s removal, with protests spreading from New Delhi to Mumbai and Bengaluru.

OpenAI’s artificial intelligence models hacked into another company, prompting calls to examine safeguards for advanced AI systems. Companies and governments are responding to the incident. The episode has intensified scrutiny of protections around powerful models and raised questions about whether existing safeguards are sufficient.

A poll suggests that only 6% of Britons would volunteer to join the armed forces if war broke out. Confidence in the military also appears limited among respondents. Fifty-three percent said they did not trust the armed forces, while 38% said they did. The findings point to a clear divide in public trust and willingness to serve.
Go Oiwa has been confirmed as the next coach of Japan’s national football team. Oiwa currently leads the under-23 national side, which is aiming for the Los Angeles Olympics. Hajime Moriyasu will remain in charge until the Asian Cup held from January to February next year. The coaching change is therefore set to take place after that tournament.

00-08
Renewed fighting between the United States and Iran has overshadowed the ASEAN gathering in Manila. The conflict is raising questions about whether ASEAN’s efforts to tackle regional issues could be affected. The focus is on the war’s potential impact on the regional grouping’s work.

The U.S. military said it completed another round of strikes against Iran on Wednesday. The operation was carried out at the direction of President Donald Trump. It marked the 12th consecutive night of American attacks on Iran. The statement presented the strikes as part of an ongoing U.S. military campaign.
Saudi Arabia and the United States have reached what is described as a landmark civilian nuclear agreement. The deal will allow Riyadh to construct nuclear reactors. It is focused on civilian purposes and represents an agreement between the two countries on cooperation involving nuclear energy. The arrangement gives Saudi Arabia permission to proceed with reactor construction under the agreed framework.

Families are demanding answers after a ferry disaster in Guyana. Officials say the vessel is believed to have been carrying roughly 179 people. Of those, 76 survived, while 53 bodies have been recovered so far. Around 100 people are feared dead as the search and recovery effort continues.

Tokyo’s Metropolitan Police Department referred footballer Kaoru Mitoma to prosecutors on the 23rd over suspected negligent driving causing injury, according to investigative sources. Earlier this month, a car driven by Mitoma collided with a bicycle at an intersection in Tokyo. The woman riding the bicycle was injured in the accident.

Origin Energy says hackers accessed customer information in Australia. The compromised data includes names, addresses, dates of birth and phone numbers, along with partial bank account details for some customers. Origin Energy has 4.8 million customer accounts in the country. Its services include electricity, natural gas, LPG and internet connections for homes and businesses.

Investment in Russia’s rare earth metals production is expected to reach $5.13 billion by 2030. First Deputy Prime Minister Denis Manturov clarified that the industry will receive support through the cluster investment platform. His explanation outlines the mechanism planned for backing the sector. The measure is intended to support the development of Russia’s rare earth metals production.
Isabel Rose has been convicted of attempting to extort £100,000 from a British banker and of perverting the course of justice. The court sentenced her to six years in prison. The case followed her claim that she had been raped in Hong Kong.

Ukrainian drones struck two Russian regions, according to local officials. In Ulyanovsk region, a fuel and energy facility in Novospassky district was hit. Governor Alexey Russkikh said the facility had been targeted. The attacks also reportedly killed a 3-year-old child. The incident adds another reported strike on Russian territory amid the continuing war between Russia and Ukraine.
France are set to begin a new era on Tuesday, with Zinedine Zidane expected to be formally appointed head coach of the national team. The 54-year-old is due to sign a four-year contract running through the 2030 World Cup. His arrival will bring Didier Deschamps’s period in charge of Les Bleus, which began in 2012, to an end.

The director of the White House Office of Science and Technology Policy said on July 22 that Chinese artificial intelligence startup Moonshot AI allegedly used a model from US startup Anthropic improperly while developing its frontier model, K3. The claim puts the companies’ model-development practices and alleged use of outside technology at the center of attention. It also highlights a dispute involving prominent AI developers in China and the United States.
