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Former Chinese Premier Zhu Rongji, a major architect of China’s economic reforms and WTO entry, has died at age 97. He served as premier from 1998-2003 and transformed China into a manufacturing powerhouse.
U.S. inflation eased to 3.4% year-over-year in July as food and energy prices moderated, though month-to-month increases in housing costs offset some gains.
Iran’s new security chief declares the Strait of Hormuz will remain closed until the US ends military operations, lifts its blockade, releases frozen assets, and agrees to regional ceasefires.
WHO Director-General Tedros Adhanom Ghebreyesus criticized President Trump’s vaccine policy overhaul, stating it contradicts decades of scientific evidence and that vaccination decisions should be guided by science, not politics.
President Trump remarked that pro-Israel lobbying groups have lost significant influence in Congress compared to previous decades, citing shifts in Democratic and Republican support.
The Trump administration is spending nearly $1 billion on White House construction projects including a new ballroom, funded through federal accounts, security agencies, and private donations amid legal and ethical concerns.
