US Senate Republicans speak to the press on Capitol Hill in Washington, D.C., July 1, 2025. REUTERS/Annabelle Gordon |
- The debate within President Trump's Republican Party over a massive tax-cut and spending bill returns to the House of Representatives amid a self-imposed July 4 deadline. The bill has already been passed by the US Senate by the narrowest possible margin.
- CBS parent company Paramount settled a lawsuit filed by Trump over an interview broadcast in October, the latest concession by a media company to a president who has targeted outlets over what he describes as false or misleading coverage.
- Trump toured a remote migrant detention center in the Florida Everglades dubbed "Alligator Alcatraz." The complex in southern Florida at the Miami-Dade Collier Training and Transition Airport is estimated to cost $450 million annually and could house some 5,000 people, officials estimate.
- The jury in Sean "Diddy" Combs' trial will continue deliberations, a day after reaching a verdict on four of the five counts the music mogul faces in his sex trafficking case but failing to agree on a racketeering conspiracy charge.
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- Word from President Donald Trump that Israel has agreed to the conditions needed to finalise a 60-day ceasefire in Gaza raised hopes in the enclave, where health officials said at least 20 people had been killed in Israeli attacks.
- Iranian President Masoud Pezeshkian put into effect a law passed by parliament last week to suspend cooperation with the U.N. nuclear watchdog, the IAEA, Iranian state media reported.
- Trump's move to pause foreign aid to Ukraine, coupled with Europe's shifting defense spending priorities, is wreaking havoc on humanitarian lifelines amidst the ongoing war with Russia.
- Kanye West, also known as Ye, has had his Australian visa canceled after he released "Heil Hitler", a song promoting Nazism, the country's home affairs minister said
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Employees work at a garment factory in Tiruppur, Tamil Nadu, India, April 22, 2025. REUTERS/Francis Mascarenhas/File Photo |
- While D.C. focuses on the US budget, markets are focused on trade tensions. President Trump has said he won't extend a July 9 deadline for imposing higher tariffs on trading partners. Listen to Carmel Crimmins on the Reuters World News podcast for the latest.
- Trump's 145% tariff on items imported from China has forced American small and midsize manufacturers to face the choice between paying steep tariffs or taking on significantly higher domestic production costs. Even those willing to pay more to make goods in the US are confronting another reality: it is too expensive for their customers.
- For more on trade, sign up to our Tariff Watch newsletter and watch our daily rundown on financial markets.
- Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor's plans.
- Tesla's China-made EV sales edged up 0.8% in June from a year earlier to 71,599 units, snapping an eight-month losing streak, even as lower-cost new models from its Chinese rivals put growing pressure on the automaker.
- UK Prime Minister Keir Starmer's U-turns to pass welfare reforms mean the plans will no longer save taxpayers any money and have shredded the margin Britain relies on to meet its fiscal rules, analysts have warned.
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Dalai Lama says he will be reincarnated, Trust will identify successor |
The Dalai Lama addresses a conference via a video message in Dharamshala, India, July 2, 2025. REUTERS/Anushree Fadnavis |
The elderly Dalai Lama assured his followers that upon his death he would be reincarnated as the next spiritual leader of Tibetan Buddhism and spelt out a succession process that sets up a renewed clash with China. The eagerly awaited statement, made days before the frail Nobel peace laureate turns 90, puts to rest speculation, started by the Dalai Lama himself, that he may be the last of Tibet's spiritual leaders, ending a line that stretches back centuries. |
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People use handheld fans as they walk past the Cologne Cathedral in Cologne, Germany, July 1, 2025. REUTERS/Stelios Misinas |
Familiar with heat domes? This is how concrete, asphalt and urban heat islands add to the misery of heat waves. |
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