Top 10 International Bracking News Today - July 17,2025। Markets, Conflict & Space Updates

 1. Global Markets React to Fed Chair Uncertainty

Financial markets worldwide opened cautionsly amid growing speculation about the future of U. S. Federal Research Chair Jerome Powell. Though he White House clarified there are no plans to replace him, the uncertainty has made investors nervous. The dollar showed volatility as traders awaited further signals. Meanwhile, corporate earnings from major companies such as TSMC and Netflix remain in focus, along with important UK employment and inflation data scheduled for release later this week. These economic indicators will play a crucial role in shaping monetary policy and investor sentiment moving forward.

Source :Reuters

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2. Euro Zone Economy Holds Steady Despite Tariff Threats 

The euro zone economy has demonstrated resilience despite the looming threat of US tariffs that could reach up to 30% on European products. Economists participating in a Reuters poll forecast that the European Central Bank (ECB) will maintain interest rates at current levels during its upcoming July meeting. However, some analysts suggest the ECB may cut rates later this year to support growth amid trade uncertainties and inflation pressures. Business confidence in the region remains cautiously optimistic with growth projections largely unchanged despite the ongoing geopolitical tensions.

Source :Reuters

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3. Deadly Fire at Iraqi Mall Kills Dozens 

A catastrophic fire engulfed a hypermarket in the city of al-kut, Iraq, resulting in at least 69 fatalities and leaving 11 people missing. Rescue teams worked tirelessly to recover victims trapped under the debris. The local government had initiated a legal investigation into the mall's safety protocols, filing changes against the owner for alleged negligence. The incident has sparked public outrage and raised serious concerns about building safety regulations in the country. 

Source :Reuters

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4. Al-Qaeda Linked Attack Causes Heavy Casualties in Mail 

A militant group affiliated with Al-Qaeda, Jama'at Nusrat al-isman wal Muslimin (JNIM), launched a deadly attack on a military base in Boulkessi, Mali. The assault reportedly killed over 100 soldiers and captured around 20 others. This attack is part of a series of violent incidents that have plagued the Sahel region, causing instability and security challenges for governments. International partners continue to support regional efforts to combat terrorism and restore peace. 

Source : Reuters

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5. NATO to Deploy Patriot Missile Systems to Ukraine 

In response to escalating Russian attacks, NATO's top military commander announced plans to rapidly deploy Patroit missile defence systems to Kyiv. The move aims to strengthen Ukraine's air defence capabilities amid intensified hostilities. Germany and several other NATO member countries are coordinating closely to facilitate the transfer. The deployment is expected to bolster Ukraine's ability to defend its airspace and deter further aggression. 

Source :Reuters

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6. Israeli Airstrike Hits Gaza Catholic Church 

An Israeli airstrike struck the Holy Family Catholic Church in Gaza overnight, causing the deaths of two people and injuring several others. The Latin Patriarchate confirmed casualties and damage to the religious site, which serves as a critical community center. The Israeli military stated it is reviewing the circumstances surrounding the incident. Italy's Prime Minister condemned the strike, highlighting concerns over civilian safety in the conflict zone. 

Source :Reuters 

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7. Oil Prices Rise Amid Middle East Tensions 

Brent crude oil prices rose to $68.67 per barrel, driven by geopolitical tensions in the Middle East, including recent drone strikes in Iraq's Kurdistan region. The price increase was also supported by strong US demand and positive signals from China's economy. However, high gasoline inventories capped the extent of the rally, keeping prices in cheak. Market analysts remain cautious as they monitor developments in the energy sector and global politics. 

Source :Reuters 

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8. Volvo CEO Calls for EU to Cut Auto Tariffs 

The CEO of Volvo publicly urged the European Union to reduce or eliminate the existing 10% tariff on US made automobiles. He argued that these trade barriers are unnecessary and hamper transatlantic cooperation. The executive emphasised that lowering tariffs would help ease tensions originating from past US trade policies and promote stronger economic ties between Europe and North America. 

Source :Reuters 

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9. France Air Traffic Controller Strike Disrupts European Travel 

A recent two day strike by French traffic controllers caused major disruptions, resulting in the cancellation of approximately 2800 flights across Europe. Over one million passengers were affected, with airlines like Ryanair and easyJet reporting losses estimated at around €120 mill. While no further strikes have been announced yet, experts warn that travel disruptions could continue if negotiations stall. 

Source :Business Insider

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10. Asteroid 2022 YS5 to Safety Pass Near Earth Today 

Asteroid 2022 YS5, approximately 100 feet wide, is expected to pass safety near Earth today, traveling at a speed exceeding 33000 km/h. NASA and the Indian Spase Research Organisation (ISRO) have confirmed that there is no risk of collision. The close flyby serves as a reminder of the importance of planetary defence initiatives and international collaboration in space monitoring to protect Earth from potential asteroid threats. 

Source : Times of India

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SUMMARY 

Today's headlines reflect a world balancing financial uncertainty, geographical tensions and scientific advancements. While markets respond nervously and trade disputes, conflicts in the Middle East and Africa continue to cause human suffering and regional instability. At the same time, cooperation within NATO and technological progress in space defence offer hope for enhanced security and preparedness. This blend of challenges and innovations underscores the complexity of today's global landscape.