Nintendo Pushes to Dismiss Lawsuit on Tariff Refunds, Says Customers Got What They Paid For Nintendo wants to dismiss the class-action lawsuit against them on tariff refunds filed by affected customers. Player One · Jul 22
War cost US over $37 billion, Hegseth says, as strikes on Iran continue for 11 straight days US defence secretary Pete Hegseth said the war against Iran has cost $37.5 billion so far as he defended President Donald Trump's funding request during a heated Senate hearing. Hegseth faced protests and sharp questioning ahead of a proposed $95 billion Republican budget package, which includes military funding alongside aid… The Times of India · Jul 22
Marco Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meeting U.S. Secretary of State Marco Rubio met China's Foreign Minister Wang Yi in Manila. They discussed a potential September summit between their leaders amid global tensions. Rubio stressed U.S. commitment to maritime rights in the South China Sea. China claims sovereignty over most of the South China Sea waters. Diplomatic… The Economic Times · Jul 22
House passes spending bill to head off government shutdown before midterms Measure authorizes spending until 4 December as Republicans seek to avoid volatile issue in election season The Guardian - US · Jul 22
Trump clears Saudi Arabia nuclear agreement, opens door to uranium enrichment President Donald Trump approved a nuclear cooperation agreement with Saudi Arabia. This accord could allow uranium enrichment capabilities for their civilian nuclear program. US companies are expected to participate in developing Saudi Arabia's nuclear infrastructure. The agreement follows months of heightened tensions with Iran. It may pave the way for… The Times of India · Jul 22
Gold nears two-week high as Fed outlook, Middle East conflict stay in focus Gold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for interest rate outlook clues. Oil prices rose over one percent due to shipping disruptions in the Red Sea. Iran's interior minister visited Pakistan seeking continued mediation efforts. Other precious… The Economic Times · Jul 22
Pete Hegseth Tells Senate Iran War Has Cost $37.5 Billion as He Seeks Billions More: 'Without These Funds, We Face Critical Shortfalls' The Pentagon has raised its official estimate for the cost of the U.S.-Israel war against Iran to $37.5 billion, as Defense Secretary Pete Hegseth defended a broader request for nearly $70 billion in supplemental war funding during a Senate hearing. Benzinga · Jul 22
Trump announces 100% tariffs on imported generic pharmaceutical drugs US President Donald Trump announced a 100% tariff on imported generic pharmaceutical drugs on Tuesday. The tariff, which aims to bolster US pharmaceutical production, is set to go into effect in August 2028. France 24 · Jul 22
US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probes In a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Holdings, TikTok owner ByteDance, Google, Meta Platforms and Microsoft. The lawmakers cited European businesses' unfettered access to the U.S. market as a comparison. The Commission said a… The Economic Times · Jul 22
Trump ordered coal plants to stay in operation. It’s costing taxpayers in one state $117 million The Trump administration has extended the life of coal plants across the country, while supplying hundreds of millions of dollars in federal funding to prop up the industry The Independent UK · Jul 22
He was fired by the White House right after being sworn in. Now a top federal prosecutor is suing The top federal prosecutor in Seattle who was fired last week less than an hour after being sworn in is suing the government over his termination The Independent UK · Jul 22
Mamdani urges US government to arrest Netanyahu if Israeli PM visits US New York mayor admits he does not have authority to arrest Netanyahu, adding Israeli PM is ‘architect of a horrific genocide’ The Guardian - US · Jul 22
Pakistan seeks $10 billion US stabilization facility to shore up reserves Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign exchange reserves and ease pressure on the Pakistani rupee. The request follows Pakistan's diplomatic efforts in brokering talks over the Iran war. This facility would reduce reliance on multilateral financing… The Economic Times · Jul 22
Bangkok Post · Jul 22 US readies new tariffs as Trump's 10% global levy to expire WASHINGTON (UNITED STATES) - The United States is set to impose new tariffs that could hit dozens of countries soon, trade envoy Jamieson Greer signaled Tuesday, with President Donald Trump's temporary global levies due to expire this week.
France 24 · Jul 22 Middle East live: Trump attends dignified transfer of US service members killed in Iran war President Donald Trump on Wednesday attended a dignified transfer of remains ceremony at a military base in Delaware for four US service members killed in the Iran war. Of the four slain soldiers, three were killed in an Iranian missile attack on a military base in Jordan and another died…
The Economic Times · Jul 22 Fresh US-Iran strikes overshadow Pakistan's bid to revive collapsed ceasefire Tensions between the United States and Iran intensified over the Strait of Hormuz. Pakistan's diplomatic efforts to revive a ceasefire deal faced significant challenges. U.S. President Donald Trump expressed no interest in immediate talks with Iran. Iran-backed rebels opened a new front in the Red Sea, impacting oil supplies. Both…
The Economic Times · Jul 22 Global Market Today: Asian stocks advance on tech rally, yen weakens Asian stocks climbed for a second day, led by chipmakers. The Kospi Index saw a significant jump, reflecting AI investment optimism. Crude oil prices advanced, reigniting inflation concerns and pushing Treasury yields higher. Gold and silver also advanced on dip-buying, while the yen slid past 163 per dollar. Investors now…
The Economic Times · Jul 22 US Iran war bill climbs to $37.5 billion as Hegseth seeks urgent funding The United States' war in Iran has reached $37.5 billion in costs. Defense Secretary Pete Hegseth sought urgent funding from skeptical lawmakers. This conflict strains the Pentagon's budget and risks military personnel matters. A fragile ceasefire collapsed, leading to daily strikes and troop casualties. President Trump threatens escalation and new…
The Economic Times · Jul 22 Trump announces new generic drugs tariff plan: No tariffs for 2 years, then 100%, and then 200% For Indian exporters, the two-year tariff-free period offers additional time to reassess supply chains and investment plans. While the immediate impact on exports is likely to be limited, the proposed escalation to 100% and eventually 200% tariffs could significantly alter the economics of supplying generic medicines to the US if…
International Business Times UK · Jul 22 Trump's World Cup 'Bromance' Goes Global: President Backs FIFA's Infantino for UN Secretary‑General President Trump supports FIFA's Gianni Infantino for UN Secretary-General. Their relationship, built during the 2026 World Cup, faces criticism over political optics and governance concerns.
International Business Times UK · Jul 22 HHS Demands Proof Before Releasing Medicaid Payments: California and Minnesota Patients Left Waiting Trump's HHS has frozen more than $1 billion in Medicaid payments to California and Minnesota over suspected fraud, raising new questions about reimbursement delays, provider strain, and what comes next for patients and states.
The Texas Tribune · Jul 22 Passengers in Houston ICE shooting say agents rammed their van before firing The newly released, handwritten statements by two men who saw Lorenzo Salgado Araujo’s shooting say he never threatened ICE agents.
The Guardian - US · Jul 21 Trump must divulge financial details about businesses in $10bn BBC lawsuit US judge’s ruling could open up window into first family’s multiple ventures, in drawback of defamation suit on media