Here's a rundown of significant global events and trends from 2024 to 2025:
*Global Politics*
- *US-Asia Relations*: US Secretary of State Marco Rubio visited Japan, South Korea, and Malaysia to strengthen security cooperation and economic ties.
- *Middle East Tensions*: Houthi rebels in Yemen threatened missile strikes on Israel, prompting warnings of strong retaliatory strikes.
- *Russia-Ukraine Conflict*: Russia has stepped up drone deployments, while Ukraine received new surface-to-air missile systems from the EU and US.
- *Pakistan-Russia Cooperation*: Both countries agreed to accelerate infrastructure development for trade and economic integration ¹ ².
*Economic Trends*
- *Global Markets*: Energy and defense stocks buoyed markets, with US indices modestly up due to hopes for stable geopolitical conditions and central-bank moderation.
- *Tariffs and Trade*: Trump's tariff plans could cost US employers $82.3 billion, while the US and Canada agreed on a July 21 deadline to reach a trade deal.
- *Climate Finance*: Developed countries are pledging initial contributions to an emergency climate facility ahead of COP31 ¹ ² ³.
*Environment and Disasters*
- *Flash Floods*: Devastating floods hit Texas, leaving 24 dead and several missing.
- *Heatwaves*: Searing heat burned Greece and Turkey, while brutal heat scorched Spain.
- *Earthquakes*: Over 1,000 earthquakes occurred in Japan in two weeks, sparking concerns about seismic activity ⁴ ⁵.
*Technology and Business*
- *AI Adoption*: 35% of businesses adopted AI, with 72% integrating AI into at least one business function.
- *Crypto Ventures*: Barron Trump earned $40 million from crypto venture World Liberty Financial.
- *Tech Regulation*: Google faced an EU antitrust complaint over AI-generated content ¹ ⁴.
*Other News*
- *Refugee Crisis*: Sudanese refugees face critical food shortages, with tens of thousands in Chad at risk of escalating hunger.
- *Health Concerns*: A 9-year-old US girl died after being left in a hot car, highlighting the dangers of heatstroke.
- *International Relations*: Iran reopened its airspace after a 20-day halt, resuming international flights ⁴ ¹.
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