Top 10 International Bracking News Today - July 7, 2025 (Global updates)

 1. U. S. Tariffs Loom, Asian Stocks Dip & Oil Slips

U. S. Treasury Secretary announced tariff notices will go out to trading partners by July 9, with increases up to 70%, especially targeting BRICS aligned nations. Asian Stock markets responded negatively, and oil prices dropped after OPEC+ decided on a large production increase for August.

Source :Reuters

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2. Typhoon Danas Pummels Taiwan Kills Two

Typhoon Danas made a rare landfall on Taiwan's West Coast, bringing record breaking winds (~220km/h) and heavy rain. Two people died, over 500 were injured and about 660000 household lost power. Schools and businesses were shut down across the south.

Source : Reuters

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3. Pakistan Monsoon Floods Claim 72 Lives

After ten consecutive days of heavy monsoon rainfall beginning June 26, widespread flash floods have killed at least 72 people and injured more than 130 across multiple providers. Authorities issued high alert warning, especially near tourist destinations.

Source :AP News

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4. Middle East Tensions Rise :Gaza Airstrikes & Hostage Diplomacy

Israeli air raids in Gaza reportedly killed at least 12 civilians, including patients in a makeshift clinic. Ceasefire negotiations resumed in Qatar and former US President Trump called for hostage releases ahead of welcoming PM Netanyahu at the White House.

Source :The Guardian

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5. Trump Hosts Netanyahu Amid Ceasefire Talks 

President Trump is set to host Israeli PM Netanyahu on July 7 in Washington. Talks will focus on Gaza Ceasefire possibilities attempted hostage deals with Hamas and regional security issues including Iran and Syria. 

Source :Reuters

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6. Tesla Shares Fall After Musk's "America Party" Announcement 

Tesla shares dropped nearly 7% pre-market after Elon Musk announced plans for a new US political party, the "America Party". Analysts expressed concern that Musk's political ambitions could divert focus from Tesla's core business. 

Source :Reuters

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7. OPEC+ to Ramp Up Oil Production Further 

OPEC+ confirmed plans to raise oil output by 550000 barrels per day in September, completing a shift to unwind previous production cuts. The decision follows an August increase of 548000 bpd, aiming to regain market share and meet Trump era calls for lower gas prices. 

Source :Reuters

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8. Flash Floods Strike Northern Pakistan, 32 Dead 

In late June, severe flash flooding across Northern Khyber Pakhtunkhwa, especially Swat Valley, killed at least 32 people, including 16 children. The floods also claimed 38 lives in Punjab. The tragedy sparked public outrage over inadequate rescue response and governance failures. 

Source :Reuters +Wikipedia

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9. Egypt's Foreign Reserves Rebound in May 

Egypt's Central Bank reported its net foreign assets rose to $14.7 billion in May, up $1.2 billion from April. Reserves are now approaching levels from March, boosted by IMF support under an $8 billion reform plan. 

Source :Reuters

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10. Reuters NEXT Asia Forum Set for July 9

The Reuters NEXT Asia digital event will take place on July 9, featuring world leaders, business executives and policy influences. Topics will include climate, technology trade and geographics access the Asia-Pacific region. 

Source :Reuters

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SUMMARY 

Global markets wobble as the US plans new tariffs. Typhoon Danas hits Taiwan, while floods in Pakistan leave dozens dead. Israel strikes Gaza amid Ceasefire talks. Trump meets Netanyahu and Elon Musk's political move rattles Tesla shares. 












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