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South Korea plans to invest nearly one trillion dollars in artificial intelligence by 2029. This is part of a major effort to grow its technology and business sectors.
Key Facts
South Korea will invest about one trillion dollars in AI technology by the year 2029.
The investment aims to boost the country's technology industry and economy.
Samsung workers avoided a strike by agreeing to bonuses linked to increased AI profits.
South Korean ministries have blocked access to a Chinese AI tool, DeepSeek, on military devices.
Other business news includes Comcast planning to make NBCUniversal a separate, public company.
France is introducing a new law targeting online shopping platforms like Shein, Temu, and AliExpress.
The article mentions global trade and infrastructure issues alongside South Korea’s AI plans.
The focus is on economic and technological developments in the Asia-Pacific region.
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President Donald Trump continues to push for the removal of Lisa Cook from the Federal Reserve board after the Supreme Court blocked his effort temporarily. The Court sent the case back to a lower court because of legal procedures, not on the main issues of the case.
Key Facts
President Trump wants Lisa Cook removed from the Federal Reserve board.
The Supreme Court recently blocked his attempt to remove her right away.
The Court’s decision was based on legal technicalities, not the case’s main arguments.
The case will now go back to a lower court for further consideration.
President Trump posted updates about the situation on his social media platform, Truth Social.
Lisa Cook is currently serving on the Federal Reserve board.
The Federal Reserve board oversees U.S. monetary policy and banking regulations.
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Gas prices in the United States are falling as tensions between the U.S. and Iran ease, leading to lower crude oil costs. The average price for a gallon of regular gasoline is now about $3.86, with some states experiencing bigger drops than others.
Key Facts
The national average gas price has dropped below $4 per gallon, currently around $3.86.
Gas prices vary by state due to differences in taxes, demand, and proximity to refineries.
Western states like Washington, California, and Oregon saw the largest recent price decreases (15-17 cents).
Southern and some Midwest states such as Texas, Oklahoma, and Mississippi have lower prices but smaller recent declines.
Prices remain roughly 60 cents higher than last year’s Independence Day prices.
Nearly 72.2 million Americans are expected to travel at least 50 miles during the July Fourth week.
The drop in gas prices follows negotiations between the U.S. and Iran and increased shipping through the Strait of Hormuz.
Gasoline prices typically follow crude oil prices with a delay of 4 to 6 weeks.
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France is facing a severe heatwave that has caused hospitals and funeral homes to become overwhelmed. The heat has led to at least 1,000 more deaths than usual since June 24, mostly affecting older people, and more heatwaves are expected soon.
Key Facts
Since June 24, France recorded 1,000 more deaths than expected due to extreme heat.
Around 85% of those who died were people aged 65 and older.
At least 40 deaths were from drowning as people sought relief in rivers and canals.
Funeral homes are more than 66% full, much higher than the normal 30-45%.
Two funeral homes in central Paris have been at full capacity since Friday.
French Prime Minister Sébastian Lecornu said the government’s measures have so far "held up well."
Cities like Paris get hotter due to the "urban heat island" effect caused by buildings and pavement.
Many hospitals in France lack air conditioning, which could reduce heat-related deaths by 40%.
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Andy Burnham, expected to soon become the UK prime minister, has shared his plan to improve life for people and restore trust in politics by changing how the country is governed. His ideas include more public control over essential services, building more council homes, and reforming education to value both academic and technical skills equally.
Key Facts
Andy Burnham plans a major shift in British government to improve living standards and rebuild trust.
He wants more public control of services like water, housing, energy, and transport to reduce living costs.
Burnham will create a “No 10 North” hub to help spread power and resources across the UK, based in Manchester.
He aims for the biggest council housing building program since after World War II.
Burnham wants to reform business rates to support high street shops and encourage growth.
His education plan will give equal value to academic and technical courses, not just university paths.
He promises to follow fiscal rules set by Rachel Reeves and maintain sound public finances.
Burnham hinted at early cost-of-living help for people struggling with bills soon after taking office.
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Starting July 1, some Medicare patients can access GLP-1 weight-loss drugs by paying a $50 monthly copay through a new temporary program called Medicare GLP-1 Bridge. The program will last 18 months and covers certain medications made by Eli Lilly and Novo Nordisk for patients meeting specific health criteria.
Key Facts
The Medicare GLP-1 Bridge program begins July 1 and runs through December 31, 2027.
It helps Medicare patients pay for GLP-1 drugs prescribed just for weight loss, not other conditions.
Patients will pay a $50 monthly copay, which does not count toward their deductible or annual out-of-pocket limit.
Eligible patients must have a qualifying BMI level and related health conditions, verified by a doctor.
The program covers Lilly’s Foundayo and Zepbound and Novo Nordisk’s Wegovy in pill and injection forms.
Patients already receiving GLP-1 drugs for conditions like diabetes under Medicare Part D are not eligible.
The program is temporary, and coverage after 2027 depends on government decisions or changes in the law.
Patients cannot use coupons or discounts to reduce the $50 copay in this program.
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Andy Burnham, a UK politician, wants to give more power to local areas across the UK, including cities in England, Scotland, Wales, and Northern Ireland. He believes this change will help all parts of the UK grow economically. Experts have found that past devolution has not clearly increased economic growth, but it might have prevented decline.
Key Facts
Andy Burnham plans to shift power from the UK central government to local regions like Greater Manchester and others in the UK.
Devolution means giving local governments control over areas like health, education, transport, and taxation.
Scotland has broad devolved powers, including health, education, police, and some tax control.
Wales and Northern Ireland have significant but more limited powers compared to Scotland.
English city regions, like Greater Manchester, have gained some powers since 2009, mainly in transport and housing.
Studies show no clear evidence that devolution has increased economic growth in Scotland, Wales, or Northern Ireland since 1998.
Economic performance in these nations remains below the UK average, with Scotland at 93%, Northern Ireland 83%, and Wales 74%.
Burnham believes Greater Manchester’s experience with devolution shows it can help local economies grow.
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After twin earthquakes hit Venezuela, many false videos spread online. Some videos show old events from Venezuela, others show disasters from different countries, and some are made using artificial intelligence (AI). These videos cause confusion about the true impact of the earthquakes.
Key Facts
Venezuela experienced twin earthquakes causing serious damage and deaths.
Social media is full of misleading videos about the disaster.
Some videos are from past events in Venezuela but shared as if they are new.
Other videos come from different countries like Turkey, Thailand, and Myanmar.
One viral video of a building collapse was from a controlled demolition in Turkey in 2023.
AI-created videos show fake scenes of buildings collapsing in Venezuela.
These fake videos often have unrealistic effects, like buildings bending like rubber.
Fact-checkers use tools like reverse image searches to find the original sources of misleading videos.
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A severe heatwave is affecting Italy and the Balkans, causing many deaths, wildfires, and disruptions. Temperatures are much higher than usual, and the heat is expected to continue, impacting several European countries.
Key Facts
Italy has 22 cities under red heat warnings, from north to south.
Croatia issued red alerts for multiple regions, including Zagreb, Split, and Dubrovnik.
Wildfires are active, especially near Split in Croatia and in southern Albania.
Temperatures in parts of the Balkans are above 35°C (95°F).
The heatwave began on June 20 and has caused over 1,300 extra deaths in Europe, with 1,000 reported in France.
Scientists link the extreme heat to human-caused climate change, which makes these events much more likely.
The World Health Organization says Europe is warming twice as fast as the global average.
The heatwave has stressed hospitals, damaged infrastructure, and disrupted power supply.
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The U.S. military identified Lance Cpl. Armando Ortiz Canseco, a 21-year-old Marine from Minnesota, as the person lost at sea near Southern California. He was declared dead after going missing from the USS Anchorage on Thursday, which led to a large search and rescue effort.
Key Facts
The Marine lost at sea is Lance Cpl. Armando Ortiz Canseco.
He was 21 years old and from Minnesota.
Ortiz Canseco went missing from the USS Anchorage, an amphibious transport dock ship.
He was reported missing on Thursday.
A large search and rescue operation was launched after he went missing.
On Saturday, he was officially declared deceased.
The incident happened off the coast of Southern California.
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The Archdiocese of San Francisco has filed for Chapter 11 bankruptcy due to over 500 child sexual abuse lawsuits against it. This move aims to manage legal claims while keeping most church operations separate from the bankruptcy process.
Key Facts
The Archdiocese of San Francisco officially filed for Chapter 11 bankruptcy.
The filing responds to more than 500 civil lawsuits related to alleged child sexual abuse by priests.
These lawsuits were made possible by California state law AB-218, passed in 2019, which allowed claims previously barred by time limits.
The bankruptcy covers only the main legal entity known as "The Roman Catholic Archbishop of San Francisco, a Corporation Sole."
Church parishes, schools, and other related groups are not included in the bankruptcy and continue to operate normally.
The archdiocese has paid about $68 million to around 100 claimants from earlier abuse claims using insurance and selling property.
Other Bay Area dioceses, including Oakland and Santa Rosa, have also filed for bankruptcy due to similar lawsuits.
Some lawyers representing abuse survivors criticized the bankruptcy filing, saying it protects the church more than victims.
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U.S. military leaders are questioning the future of large, fixed U.S. bases in the Persian Gulf due to ongoing attacks by Iran. A former U.S. Central Command leader suggests moving bases further west and using more mobile strategies to better protect U.S. forces and equipment.
Key Facts
Iran has extensively targeted U.S. bases in the Persian Gulf during a conflict lasting over four months.
General Kenneth F. McKenzie, Jr., former head of U.S. Central Command, advises changing U.S. military deployments near Iran.
McKenzie recommends spreading U.S. bases farther west to make targeting by Iran harder.
He describes current large bases as outdated because modern warfare demands mobility and secrecy.
McKenzie highlights the need to manage electronic signals to hide base locations from satellites and commercial imaging.
Israel is suggested as a key location to hold valuable U.S. military equipment due to its strong defense systems.
Some presence would remain in the Persian Gulf, focusing on missile and drone defense and infrastructure protection.
The existing U.S. base structure in the region was designed during Cold War and post-9/11 conflicts, not for current threats from Iran.
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Iran held its first meeting with Oman to discuss managing the Strait of Hormuz after signing a preliminary deal to end conflict with the United States. An expert said that while the U.S. wants to keep old navigation rules in the strait, Iran says there are new rules now.
Key Facts
Iran and Oman met for the first time to talk about controlling the Strait of Hormuz.
This meeting followed a preliminary agreement aiming to end the Middle East war involving the U.S. and Iran.
The Strait of Hormuz is a key waterway for global oil shipping in the Middle East.
The United States wants to keep established maritime rules in the strait.
Iran has announced that it has introduced new rules for the strait’s use.
The situation reflects ongoing tensions and attempts at diplomacy in the region.
Recent related events include attacks between the U.S., Iran, Israel, and Lebanon, threatening fragile ceasefires.
Oman emphasizes peaceful de-escalation and stability in the region.
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Representative Jahana Hayes from Connecticut was hospitalized for two days due to a blood clot but has now been discharged. She advised people to pay attention to their health and seek medical care if they feel unwell.
Key Facts
Jahana Hayes is a Democratic member of the U.S. House of Representatives from Connecticut.
She was hospitalized because of a blood clot.
Hayes stayed in the hospital for two days.
She was released from the hospital on Sunday.
Hayes shared a health update on social media.
She thanked doctors, nurses, and medical staff for their care.
Hayes advised people to listen to their bodies and seek medical help if needed.
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Former Federal Trade Commissioner Rebecca Slaughter urged Congress to reclaim its authority after the Supreme Court decided that President Donald Trump had the power to remove her from office last year. The Supreme Court ruled 6-3 in favor of the president, increasing presidential control over an independent government agency.
Key Facts
Rebecca Slaughter is a former commissioner of the Federal Trade Commission (FTC).
The Supreme Court made a 6-3 decision supporting President Trump’s power to fire her.
This ruling expands the president’s control over independent government agencies.
Slaughter called on Congress to reassert its role as an equal branch of government.
The FTC is an agency meant to operate independently from direct presidential control.
The ruling may affect how much control the president has over other independent agencies.
The decision happened after President Trump removed Slaughter from her FTC position last year.
The Supreme Court majority was conservative.
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South African President Cyril Ramaphosa has urged people protesting against migrants to avoid violence and threats, ahead of an unofficial deadline for undocumented foreigners to leave the country. Thousands of migrants, mainly from other African countries, have already left or are waiting to be processed as tensions and xenophobic protests continue.
Key Facts
President Ramaphosa called for peaceful protests without intimidation or violence.
Over three million documented foreign nationals live in South Africa.
Many undocumented migrants, mainly from Malawi and other African countries, fear violence and are leaving South Africa.
Thousands of migrants are waiting in temporary camps for processing before returning home.
Protests against migrants have been authorized in major cities like Durban and Johannesburg.
Authorities have deported or helped repatriate more than 12,000 immigrants since early 2026.
Some migrants face xenophobic slurs and discrimination during the protests.
Neighboring countries like Ghana, Malawi, Mozambique, Nigeria, and Zimbabwe have organized repatriation flights and buses for their citizens.
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Andy Burnham has shared his plan if he becomes Prime Minister, including creating a ‘No10 North’ office in Manchester. He wants to move some powers from London’s Westminster to the regions and increase self-government in Scotland, Wales, and Northern Ireland. He also plans a large program to build new council houses.
Key Facts
Andy Burnham is a candidate for Prime Minister.
He proposes setting up a government office called ‘No10 North’ in Manchester.
He wants to transfer some government powers away from Westminster to regional areas.
Burnham supports extending self-government (devolution) in Scotland, Wales, and Northern Ireland.
He promises the biggest council house building program since after World War II.
The plan aims to give more control to local governments and regions.
The information came from a BBC Newscast episode.
The Newscast was presented by James Cook and included analysis by several BBC staff members.
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The U.S. Supreme Court has changed a long-standing rule, allowing President Donald Trump to remove leaders of independent government agencies without needing a reason. This decision increases the president’s control over agencies that usually operate independently from politics.
Key Facts
The Supreme Court overturned a nearly 100-year-old rule protecting heads of independent agencies from being fired without cause.
President Donald Trump can now fire leaders of agencies like the Federal Trade Commission for political reasons.
The decision came after a case involving Democratic FTC member Rebecca Slaughter, who sued the government.
This ruling reduces the independence of agencies that regulate many parts of American life.
President Trump called the ruling a “BIG WIN” and one of the most important for presidential power.
The ruling could make President Trump one of the most powerful U.S. presidents in history.
The episode also discusses other court cases where Trump did not win, showing limits of Supreme Court support.
Legal experts from the University of Pennsylvania discussed the impact of this decision on American law and politics.
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A man named Daniel Robbins died of a heart attack in Alabama while trying to hide the body of his girlfriend, Jessica Folds, whom he had strangled to death. Both were found dead near an abandoned vehicle in a wooded area, and investigators believe the killing was an act of domestic violence.
Key Facts
Daniel Robbins, 44, strangled his girlfriend Jessica Folds, 47, to death.
Both bodies were found together on June 10 in a wooded area near an abandoned truck in Lanett, Alabama.
Robbins died of a heart attack while attempting to dispose of Folds’ body.
The truck’s engine was still running and the driver’s door was open when police arrived.
Drag marks were found, showing that Robbins was moving Folds’ body into the woods.
The investigation indicated the crime likely happened the previous night.
Jessica Folds was a mother of three adult sons.
Robbins had at least one daughter surviving him.
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Sony told PlayStation customers in the UK that they will lose access to 551 movies and shows from StudioCanal starting September 1. This means users cannot watch content they previously bought because Sony’s licensing deal ended.
Key Facts
Sony will remove 551 StudioCanal titles from UK PlayStation libraries on September 1.
Affected titles include popular movies like Paddington, Terminator 2, and Rambo 3.
Sony said this removal is due to content licensing agreements, which give temporary rights to show the content.
Sony previously removed StudioCanal titles from Germany and Austria in 2022.
Sony also deleted Funimation digital libraries after merging it with Crunchyroll.
Sony stopped selling movie and show rentals and purchases on its store in August 2021.
Digital purchases are actually long-term licenses that can be revoked if agreements expire.
Some customers are upset and want refunds or clearer terms about digital ownership.
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