Global News: Trump's Tariffs, Middle East Conflicts, and Economic Updates

US Politics and Trade Policies

• 💡 Donald Trump criticized Elon Musk's new political party as "ridiculous," stating that a two-party system is best for the US.
• 🎯 Trump warned that countries aligning with BRICS policies will face an additional 10% tariff without exception.

Middle East Conflicts and Evacuations

• 🔑 Trump and Netanyahu are scheduled to discuss a permanent deal with Iran during their White House meeting.
• 🔥 Israel launched airstrikes on Houthi-controlled areas in Yemen in response to rebel attacks, targeting ports and a power plant.
• ⚠️ The Israeli military issued an evacuation warning for Palestinians in Khan Younis, southern Gaza Strip, ahead of heavy bombardment.

Asia-Pacific Regional Updates

• ⚖️ A Seoul court will review a request to detain former South Korean President Yoon Suk Yeol on allegations of abuse of power and obstruction of justice.
• 🌱 South Korean activists have halted sending anti-North Korea leaflets across the border, anticipating a crackdown by the new administration.
• 🌋 Indonesia's Mount Lewotobi Laki-Laki erupted, spewing volcanic ash and causing flight cancellations.

Global Economic Trends

• 📊 Asia-Pacific markets traded mixed as US President Donald Trump confirmed reciprocal tariffs would take effect on August 1st.
• 📈 Oil prices slipped after OPEC+ unexpectedly hiked output, and uncertainty over US tariffs impacted demand expectations.
• 📉 Samsung Electronics is projected to see a 39% plunge in Q2 operating profit due to delays in supplying advanced memory chips for AI.
• 💰 Japanese real wages fell at the fastest pace in nearly two years in May, as inflation outpaced wage growth.

Other Major Headlines

• 🚨 An Australian woman, Erin Patterson, was found guilty of triple murder for serving beef Wellington laced with deadly death cap mushrooms.
• 🦁 A 50-year-old woman was severely injured in a lion attack at a Queensland, Australia zoo, reportedly losing her arm.
• ✅ The UAE denied reports of granting golden visas to digital currency investors, clarifying that investment in digital currencies is not linked to visa eligibility.
• 🌊 Texas is reeling from devastating flash floods that killed over 80 people, with dozens still missing, prompting a visit from President Trump.
• 🌪️ Typhoon Doks made landfall in Taiwan, causing widespread damage, floods, landslides, and power outages, injuring 28 and killing two.
• 🏏 India made a remarkable comeback against England in the second test at Edgbaston, winning by 336 runs to level the series.