to Poland shot down Russian drones that crossed into its territory during another massive air strike by Kremlin forces on neighboring Ukraine, calling it an “act of aggression.” Polish Prime Minister Donald Tusk is briefing NATO allies on the incident, while the European Union’s Ursula von der Leyen warned that the bloc will need to reinvent itself to establish a place in a new global order that’s becoming antagonistic to its values and approach to democracy. Sébastien Lecornu will be greeted by mass protests when he takes over as prime minister of France today, underscoring the scale of the challenge his minority government faces to push unpopular spending cuts through a fractured parliament. A former defense minister and the country’s fifth premier in two years, Lecornu will need tacit support from the left or the right to pass a 2026 budget and survive a possible confidence motion, with lawmakers across the political spectrum calling for a new election. WATCH: Bloomberg TV’s Caroline Connan discusses the outlook for Lecornu’s premiership. Trump has told European officials he’s willing to impose broad new tariffs on India and China to push Russian President Vladimir Putin to the negotiating table with Ukraine — but only if EU nations do so as well, sources say. Trump and Indian Prime Minister Narendra Modi, meanwhile, pledged to resume trade talks, signaling a possible thaw after weeks of bickering over tariffs and Russian oil purchases. A judge temporarily blocked Trump from removing US Federal Reserve Governor Lisa Cook, allowing her to remain on the job as she challenges his efforts to oust her over allegations of mortgage fraud. Treasury Secretary Scott Bessent added to pressure on the Fed from the Trump administration to cut interest rates after a government agency revised jobs data to show weaker hiring. Colombia’s leftist leader, Gustavo Petro, is enjoying an unexpected comeback, with recent polls showing him defying pro-market critics who dismissed him as an unpopular lame duck whose legacy would be crushed in 2026 elections. While Petro himself is ineligible to run again, accelerating economic growth and a strong jobs market, coupled with the passing of a bill to boost workers’ rights and overtime pay, mean his movement suddenly looks like it’s been written off prematurely. Petro in Bogotá in June. Source: Anadolu Two Brazilian judges voted to declare Jair Bolsonaro guilty on coup charges yesterday, putting a Supreme Court panel on the brink of reaching a majority to convict the former president and Trump ally. The Nepali Army deployed troops on the streets of the capital Kathmandu following Prime Minister KP Sharma Oli’s resignation after protesters stormed his office and set fire to his private residence and other government buildings. Fire rages through the Singha Durbar palace, which houses parliament and government offices, in Kathmandu yesterday. Photographer: Prabin Ranabhat/AFP/Getty Images The family of Philippine President Ferdinand Marcos Jr. gained global notoriety four decades ago for the extensive corruption of his late father’s dictatorship, but he’s now set in motion an anti-graft drive that could boost his popularity and investor sentiment. Iran took a step toward breaking the impasse with United Nations inspectors over access to its nuclear facilities, with a top-level meeting in Cairo yielding the groundwork for a return of monitors potentially as soon as next month, sources say. Trump again denied penning a birthday note to Jeffrey Epstein, seeking to tamp down persistent questions around his interactions with the late disgraced financier. |