“Shein says it swung to a quarterly loss as its sales slowed after US President Donald Trump removed an import duty exemption on small packages. It also comes as uncertainty remains over the tit-for-tat US-China tariffs wars, which is currently paused. The fast-fashion giant, which has its headquarters in Singapore but was founded in China, said it lost $99m (£74.1m) in the first three months of the year, compared with a net income of $395m a year earlier. … The so-called de minimis exemption had allowed goods valued at $800 or less to enter the US without paying any tariffs. US consumers relied on the exemption to buy cheap goods from online commerce sites like Shein and Temu.” (07/27/26)
“Senegalese President Bassirou Diomaye Faye has launched a new political party, formalising his split with former ally Ousmane Sonko and setting up a struggle for control of the reform movement that swept them to power in 2024. The creation of Kiiraay-The Republican Patriots on Saturday formalised the collapse of the alliance between Faye and Sonko after months of tensions over the direction of the government and Senegal’s mounting economic challenges. The new party grew out of the Diomaye President coalition, which backed Faye’s successful 2024 presidential campaign. Speaking before supporters in Dakar, Faye portrayed Kiiraay as a movement centred on institutions rather than personalities.” (07/26/26)
“SpaceX launched it’s 13th Super Heavy-Starship rocket Friday, with the giant booster chalking up an on-target but ‘hard’ splashdown off the Texas Gulf Coast while the Starship upper stage carried out a successful sub-orbital hop to the Indian Ocean. … It was the second test flight of a third-generation Super Heavy-Starship, building on lessons learned during the initial flight of a ‘V3’ rocket in May when the booster missed its landing target and the Starship suffered an early engine shutdown on the way to space. This time around, the booster appeared to perform as planned throughout its ascent …. But as the booster dropped toward the Gulf, only 10 of 13 engines restarted and at the moment of splashdown, only five appeared to be running. … the Starship deployed 20 third-generation Starlink internet satellites in a real-world test of the rocket’s Pez-like payload dispenser, releasing the satellites one at a time from a slot near the nose of the vehicle.” (07/25/26)
“Hawaii Lt. Gov. Sylvia Luke (D) was indicted on bribery charges on Friday following a monthslong state investigation into a campaign finance scandal. Luke was accused of accepting campaign finance contributions in 2022 while she was a state lawmaker in exchange for securing funding for COVID-19 testing sites. A Hawaii grand jury returned a 12-count indictment charging Luke with criminal conspiracy to commit bribery and falsifying candidate committee reports among other charges, according to the state’s Department of the Attorney General. … The charges stem from allegations that Luke accepted at least $35,000 in campaign contributions from businessman and lobbyist Tobi Solidum in exchange for support for testing sites operated by the National Kidney Foundation, where Solidum served as a lobbyist and consultant.” (07/25/26)
“Israeli [squatters] in the occupied West Bank set fire to two mosques early Sunday as well as scrawling buildings with graffiti that local Palestinian officials near Nablus said called for ‘revenge.’ ‘The mosque was in its final stage and was ready to receive worshippers. It had already been furnished with couches. They set it on fire and spray-painted Hebrew slogans on its walls,’ said Abdel Azim Wadi, head of the village council of Qusra outside Nablus. The Israeli military confirmed that graffiti and traces of arson were found when they inspected the area. … Separately, Palestinian authorities said Israeli [squatters] had sought to burn a mosque near Kour and attacked Palestinian laborers at a stone-cutting facility near Ramallah.” (07/26/26)
“Iran’s Foreign Minister Abbas Araghchi has said a deadly Ukrainian attack on an Iranian commercial vessel in the Caspian Sea ‘cannot go unanswered’, calling it a violation of the United Nations Charter. In a social media post on Sunday, Araghchi accused Israel of provoking the attack in an attempt to ‘drag Europe into its war’. … Ukraine said it had targeted a Russian warship and vessels used for transporting Iranian-linked military cargo in the Caspian Sea. But the Foreign Ministry said Iran ‘has never intervened in the conflict between Russia and Ukraine’. Meanwhile, a senior Iranian lawmaker has warned Ukraine could face retaliation over the strike.” (07/27/26)
“Russia considers it premature to comment on reports that the United States and Ukraine are discussing a possible halt to aerial attacks as part of efforts to end the war, Kremlin spokesman Dmitry Peskov said on Sunday. A Ukrainian source told Reuters that Ukrainian and U.S. officials had discussed a proposal for an air ceasefire to present to Russia as part of a new push to revive peace talks aimed at ending the conflict triggered by Moscow’s 2022 invasion of Ukraine. The source said Ukraine had approached Russian President Vladimir Putin in the past with offers of a ceasefire, which had been turned down. However, some officials believe that pressure on Russia’s economy from ongoing Ukrainian drone and missile strikes may soften Putin’s stance.” (07/26/26)
“Flavio Bolsonaro on Saturday formally launched his campaign for Brazil’s October presidential election, seeking to extend his family’s grip on the country’s far-right movement despite a series of scandals that have dented his once-strong challenge to incumbent President Luiz Inacio Lula da Silva. … Far-right firebrand Jair Bolsonaro anointed his eldest son, a senator, as his successor after being sentenced to 27 years in prison for plotting a coup following his loss to leftist President Luiz Inacio Lula da Silva in Brazil’s 2022 election.” (07/25/26)
“Andy Burnham has ruled out calling an early general election and said he will ‘honour’ Keir Starmer’s manifesto. The new Prime Minister insisted he ‘faced the public’ in the Makerfield by-election and had a mandate for his sweeping changes to the country. Burnham was speaking after a busy first week in the top job, during which he pledged to roll out the biggest changes the UK has seen in four years. … Burnham’s vow means the country should not face a general election until 2029, five years after Keir Starmer swept to power in 2024. There had been speculation that the new PM would want to go to the polls after he wiped out Reform’s poll leader almost immediately after entering No 10.” (07/26/26)
“Thousands of Tunisians have rallied in the capital to demand the resignation of President Kais Saied, denouncing worsening living conditions, democratic backsliding and mismanagement of the state. Crowds marched down Habib Bourguiba Avenue in central Tunis on Saturday as the country marked five years since Saied declared a national emergency, suspended parliament and later dissolved it in order to rule by decree. It’s the latest in a run of recent protests opposing crackdowns on dissent, a struggling economy and limits on press freedoms. Saied’s opponents accused him of abusing emergency measures to institute a reversal of Tunisia’s hard-won democratic transition process.” (07/26/26)