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USA News
EUROPEAN UPDATE
This morning, Europe prepares for key economic discussions.
Focus on energy policies and digital regulations dominates the agenda.
US President Donald Trump stated that Iran’s ceasefire proposal is on ‘life support’ after he dismissed it as ‘garbage’. Amid escalating tensions and stalled negotiations over Iran’s nuclear programme, Trump is expected to pressure China for support in the ongoing conflict.
Donald Trump has condemned Iran’s ceasefire offer as ‘totally unacceptable’, fuelling fears of renewed conflict in the Middle East. Criticism centres on Tehran’s nuclear ambitions and the reopening of the Strait of Hormuz. Action may escalate if an agreement is not reached.
The potential for a 60-day ceasefire in Gaza hinges on Hamas’s acceptance, amidst ongoing rigid positions from both sides of the negotiation.
Florida’s new ‘Alligator Alcatraz’ detention centre, prioritised for migrants, symbolizes the Trump administration’s aggressive deportation strategy amid criticism of its inhumanity and high operational costs.
(Thursday, 3 July 2025) – Trump’s One Big Beautiful Bill has passed the Senate and now the House after being held up in Congress over concerns about the impact on national debt and healthcare.
Trump’s online feud with former bestie Elon Musk continues to escalate as Trump threatens to deport Musk.
USAID has officially closed its doors after President Donald Trump gradually dismantled the agency over its allegedly wasteful spending.
Elsewhere, the mixed verdict from the P Diddy trial sent shockwaves across the world.
In the first half of 2025, the US dollar has suffered its worst decline since 1973, plunging roughly 10.8% against a basket of major currencies.
Former U.S. President Donald Trump has called for accelerated ceasefire negotiations between Israel and Hamas, declaring, “MAKE THE DEAL IN GAZA. GET THE HOSTAGES BACK!!!”.
Senators voted 51–49 to begin debate on President Trump’s sweeping legislative package, officially known as the One Big Beautiful Bill, which combines large tax cuts, expanded defence and border spending, and deep reductions to Medicaid, SNAP and green energy programmes.
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