President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar. The law, passed with bipartisan support, introduces consumer protections and aims to boost confidence in the crypto industry. On Friday, Trump called the move a step toward cementing U.S. dominance in global finance and crypto technology. A provision bans Congress members from profiting off stablecoins but excludes the president and his family. Meanwhile, the House passed two additional crypto-related bills, now heading to the Sen

U.S. Attorney General Pam Bondi says at least three people are dead after an incident at a Los Angeles County Sheriff’s Department facility. There was a reported explosion at the facility Friday morning. The Los Angeles County Sheriff’s Department has not confirmed any deaths. The U.S. Attorney’s Office did not immediately respond to a request for comment. California Gov. Gavin Newsom’s office said he’s been briefed on the matter. Los Angeles County Fire Department said it responded to calls about a possible explosion around 7:30 a.m. Newsom’s office said it occurred at the LA Coun

Ukraine’s economy minister and the key negotiator in the mineral deal with the U.S, Yuliia Svyrydenko, has been appointed as new prime minister, becoming its first new head of government since the start of Russia’s full-scale invasion in 2022. Svyrydenko is one of a group of officials taking on new roles in Ukraine’s government, as President Volodymyr Zelenskyy reshuffles the Cabinet in a bid to energize a war-weary nation and boost domestic weapons production in the face of Russia’s grinding invasion. At home, however, the Cabinet recalibration has not been seen as a major shift, as

A fire at a mall in eastern Iraq’s Wasit province killed 50 people, including women and children, the provincial governor said Thursday. Gov. Mohammed al-Mayyeh in a statement declared three day of mourning for the fire that began Wednesday. Few other details were available about the fire in the town of Kut. The governor said the cause of the fire is under investigation but that legal cases were filed against the building owner and mall owner. He did not specify what the charges were. “We assure the families of the innocent victims that we will not be lenient with those who were directly o

An American aid organization says 20 Palestinians were killed at a distribution site in Gaza. The Gaza Humanitarian Fund said it believed that 19 died from trampling Wednesday at its food distribution center and one was stabbed. The group accuses Hamas of spreading panic but provided no evidence. Witnesses said GHF guards threw stun grenades and used pepper spray on people pressing to get into the site before it opened, causing panic. The United Nations reports 875 Palestinians have died near aid sites since May. Meanwhile, hospital officials say Israeli strikes killed 41 others, including 1

In the case of Indian-origin nurse Nimisha Priya, who is facing the death penalty in Yemen, sources in the Indian Ministry of External Affairs have informed that the local administration of Yemen has postponed her execution scheduled for July 16, 2025 for the time being. After the execution, Nimisha's family had appealed to the Indian government to intervene in the matter. After this, the government had assured the family of all possible help. According to reports, Indian officials were in touch with the prison administration and the prosecution office of Yemen, which follows Islamic Shari

President Donald Trump said Monday he would punish Russia with tariffs if there isn't a deal to end the war in Ukraine within 50 days. The Republican president made the announcement during an Oval Office meeting with NATO Secretary General Mark Rutte. “We’re going to be doing very severe tariffs if we don’t have a deal in 50 days," Trump said. He did not provide specifics on how the tariffs would be implemented. “I use trade for a lot of things," he added. "But it's great for settling wars.”

The CEO of TikTok is asking Industry Minister Mélanie Joly for an urgent meeting about the federal government’s order directing the company to shut down its Canadian operations. Shou Chew wrote to Joly on July 2 asking for an in-person meeting within two weeks, according to a letter obtained by The Canadian Press. Chew argued that order was made in different circumstances, when it looked like the United States was going to ban TikTok. "There is no upside to this outdated and counterproductive government order, which was issued under a different government and in a different era, and which

US will impose a 50% tariff on copper from August 1. President Donald Trump called it a matter of national security, he said in a post on Truth Social that copper is used in everything from semiconductors to aircraft ships, ammunition, lithium-ion batteries, radar and missile systems to hypersonic weapons, many of which we are making. Trump said that copper is the second most used material in defense. According to reports, about 90% of the refined copper imported by the US last year was from Chile, Canada and Peru. According to one estimate, Canada has only 1% of the world's copper reserv