President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private enterprises.
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Journalists of Australian Newspapers Begin Strike vs. Nine Network Hours Before Paris Olympics
Hundreds of newspaper journalists of Australian commercial media outlet Nine began its nationwide five-day strike to oppose a pay offer from company management while the media firm is set to broadcast the Paris Olympics.
Australian Judge Dismisses Lawsuit vs. Bayer Over Claims Weedkiller Causes Blood Cancer
The Australian Federal Court dismissed a class action lawsuit that claimed German pharmaceutical and chemicals company Bayer’s glyphosate-based herbicide Roundup could cause a type of blood cancer, which gave the firm a respite after facing similar cases in the United States.
UK Astronaut Tim Peake Joins Axiom Space in Bid to Launch All-Brit Mission
Commercial spaceflight company Axiom Space announced this week that they have welcomed retired British astronaut Tim Peake into its professional astronaut pool.
Switzerland Orders Government Software to Become Open Source
Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measures for the Fulfillment of Government Tasks.
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On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-sufficiency.
North Korean leader Kim Jong Un visited the Wonsan-Kalma tourism site, which opened in May 2025, despite the ongoing ban on most foreign tourists entering the country.
The Bank of England is conflicted on whether to cut interest rates next month after inflation held steady at 2%, potentially influenced by Taylor Swift's Eras Tour.
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025.
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-presidential running mate, triggering reactions from business executives across multiple sectors.
Bolivia's President, Luis Arce, announced the discovery of a massive natural gas field, Mayaya X-1, estimated to hold 1.7 trillion cubic meters of gas, offering a potential $6.8 billion market value to boost the nation's struggling economy.
Thailand's Prime Minister Srettha Thavisin announced a $13.8 billion digital cash handout program, the "Digital Wallet," aiming to revive the economy by distributing $275 each to 50 million citizens to stimulate local businesses, starting in August.
Putin endorsed and swiftly signed a law increasing taxes on Russia's wealthy to boost government revenues and stabilize finances due to the Ukraine conflict's US sanctions and military spending pressures.
The families of two construction workers killed in the Boise airport hangar collapse are suing several companies involved in the project, alleging reckless construction practices and the use of inappropriate materials.
