Thursday, July 23, 2026

World

US Bombs Iran for 12th Night, Signs Saudi Nuclear Deal

The US military has launched its 12th consecutive night of strikes on Iran, hitting cities including Ahvaz and Bushehr, while Iran's precision missiles killed three US soldiers at a Jordan base. On the same day, the Trump administration signed a landmark nuclear cooperation agreement with Saudi Arabia that could eventually allow Riyadh to enrich uranium domestically — a notable concession given the war with Iran is ostensibly being fought to prevent exactly that. Energy Secretary Chris Wright and Saudi Prince Abdulaziz bin Salman signed the deal in Washington.

MarketWill the US officially declare war on Iran by December 31, 2026?5%

Politics

House Passes $1.15 Trillion Military Bill, Eyes $95 Billion Iran War Fund

The US House has passed a $1.15 trillion defense bill that expands military cooperation with Israel, largely along party lines, while also voting to begin drafting a separate $95 billion reconciliation bill to fund the Iran war and provide farm aid. Republicans slipped a long-shot attempt at new nationwide voting restrictions into the reconciliation measure, passing the budget resolution 216–214.

MarketWill Robert F. Kennedy Jr. win the 2028 Republican presidential nomination?49%

Economy

Tesla Profits Slump as Google Burns $6 Billion on AI

Tesla's Q2 profits cratered despite rising revenues, with heavy discounting on EVs squeezing margins as Musk pivots capital toward autonomous taxis, semiconductors, and humanoid robots — shares dropped more than 3% after hours. Meanwhile Google reported a $6 billion cash burn last quarter and raised its 2026 AI investment commitment to $205 billion, though its cloud business hit record profits, suggesting the bet is at least partly paying off.

Climate

Spain Wildfire Burns 32,000 Hectares, France Also Threatened

A wildfire tearing through Spain's Guadalajara region has already scorched 32,000 hectares, making it one of the largest blazes in the country's recorded history, with France simultaneously battling its own fires under high-risk conditions. Both countries face elevated threat levels as a summer heat wave shows no immediate sign of relenting.

Health

NHS Approves 'Life-Changing' MS Drug for 5,000 Patients

Fampridine, a drug that boosts nerve signal transmission to improve walking ability in multiple sclerosis patients, has been approved for prescription on the NHS in England. Up to 5,000 people with MS are now eligible for the treatment.