China’s June Export Surge Driven by AI Demand and Front-Loaded U.S. Orders
China’s exports climbed sharply in June, boosted by AI technology shipments and early U.S. orders, though domestic demand challenges persist amid uneven global conditions.
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Trade & Tariffs
Defense & Security
US-Iran Conflict Escalates as Strait of Hormuz Ceasefire Collapses
Renewed Iranian attacks in the Strait of Hormuz have ended a fragile peace, prompting the US to reinstate sanctions and blockades amid rising tensions over maritime control.
Crypto & Fintech
Coinbase Enhances Smart Wallet to Simplify Multi-Chain dApp Access
Coinbase has upgraded its Smart Wallet verification system to streamline multi-chain decentralized app authorization, aiming to improve user safety and ease across blockchain networks.
Big Tech
Anthropic Extends Free Access to Claude Fable Amid OpenAI’s GPT-5 Launch
Anthropic has twice expanded free access to its Claude Fable 5 model for subscribers shortly after OpenAI introduced its new GPT-5 model featuring Sol, intensifying the AI rivalry.
Energy & Climate
UAE Reports Sharp 80% Rise in Oil Production Amid OPEC Departure and Regional Tensions
The UAE disclosed to OPEC a substantial 80% jump in crude output for June, reaching 3.8 million barrels per day after leaving the group and navigating export disruptions linked to the Iran conflict.
Defense & Security
US Conducts Third Night of Strikes Targeting Iranian Military Infrastructure
The United States initiated a third consecutive night of military strikes against Iran, focusing on coastal surveillance and drone facilities amid escalating tensions.
Crypto & Fintech
Velvet Crypto Surges 29% Driven by Over 2,500 New Holders and Strong Market Sentiment
Velvet’s token price jumped 29% amid a surge in new holders and shifting trader positions, signaling continued bullish momentum supported by growing social engagement and capital inflows.
Energy & Climate
Global Aviation Climate Pact Remains Untouched Despite US Opposition to Paris Agreement
While the Trump administration dismantled numerous climate policies, the international aviation carbon offset scheme known as CORSIA continues unchallenged due to its minimal demands on US airlines.
Markets & Macro
Federal Strike Team Targets New York Unemployment Fraud Amid Massive Losses
The U.S. Department of Labor has dispatched a federal strike team to New York to combat widespread unemployment benefit fraud that reportedly drains nearly $2 million daily from taxpayer funds.
Energy & Climate
OPEC Lowers 2026 Oil Demand Forecast Amid Rising Production and Market Shifts
OPEC reduced its 2026 global oil demand growth forecast for the third month as production rebounds in the Gulf and tanker movements at the Strait of Hormuz gradually resume.