Thailand and Cambodia Clash for Third Day, 32 Dead; Cambodia Denies Thailand's Accusations at UN Meeting

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Key Takeaways

  • Thailand-Cambodia clashes resulted in 32 deaths, 130,000 evacuations; Cambodia seeks ceasefire.
  • U.S. released Dahud-Hanid Ortiz, convicted of triple murder, in prisoner swap with Venezuela.
  • Paramount Global and Skydance Media confirm $8 billion merger, to be named Paramount Skydance Corp.
  • China proposes global AI cooperation organization to prevent AI control by few nations.
  • U.S. cuts short Gaza ceasefire talks with Hamas, blaming them for failure.

Top Stories

Thailand and Cambodia clash for third day, 32 dead.

On July 25 and 26, 2025, Thailand and Cambodia clashed for a third day, resulting in 32 fatalities and over 130,000 evacuations from the border area. Cambodia called for a ceasefire, while Thailand expressed willingness for diplomatic talks mediated by Malaysia.

Cambodia denies Thailand's accusations at UN meeting.

At a UN Security Council meeting, Cambodia's UN envoy denied Thailand's accusations of attacking and called for a ceasefire and peaceful resolution. The conflict has resulted in 15 deaths and 46 injuries, stemming from a century-long territorial dispute.

Thailand and Cambodia border clashes over temples.

On July 25, 2025, intense armed clashes erupted on the border between Thailand and Cambodia, near the Preah Vihear and Ta Muen Thom temples. The conflict involves clashes, gunfire, and military actions, with disputes stemming from colonial-era border issues.

Thailand closes borders with Cambodia.

Thailand closed all borders with Cambodia on July 24, 2025, following an armed confrontation on May 28, halting all trade between the two countries. The closure was implemented to protect Thailand's sovereignty and border region security.

U.S. releases convicted murderer in prisoner swap.

On July 25, 2025, Dahud-Hanid Ortiz, a U.S.-Venezuelan ex-marine convicted of triple murder, was released in a prisoner exchange between the U.S. and Venezuela. The exchange, which also involved the release of Venezuelan and American citizens, has sparked controversy.

Paramount Global and Skydance Media confirm merger.

Paramount Global and Skydance Media confirmed their $8 billion merger, expected to close on August 7, 2025, following government approval for the $8.4 billion deal. The merged company will be named Paramount Skydance Corp, with Skydance CEO David Ellison set to lead the new entity.

China proposes global AI cooperation organization.

At the World Artificial Intelligence Conference in Shanghai on July 26, 2025, Premier Li Qiang proposed a global AI cooperation organization, advocating for international coordination on AI development and security. The aim is to prevent AI from being controlled by a few nations or companies.

U.S. cuts short Gaza ceasefire talks with Hamas.

The U.S. has cut short Gaza ceasefire talks with Hamas, blaming Hamas for the failure of talks aimed at securing a 60-day ceasefire and easing the humanitarian crisis. This is the latest setback for Trump's efforts to broker agreements.

Economic Trends

China's economic situation raises global concerns.

Concerns are rising about China's economic situation and its potential global impact, including industrial overcapacity and falling export prices. These economic challenges in China are a source of concern for global economic stability.

Wall Street gains fueled by trade agreement optimism.

On July 25-26, 2025, Wall Street saw gains as the S&P 500 and Nasdaq reached record closing highs, fueled by optimism surrounding a potential U.S.-EU trade agreement. The S&P 500 rose 0.4% to 6,388.64, and the Nasdaq increased 0.24% to 21,108.32.

German consumer sentiment declines for second month.

In August 2025, German consumer sentiment declined for a second consecutive month, reaching -21.5 points, reflecting increasing caution due to economic uncertainty. Consumers are holding back on spending and preferring to save, particularly due to high prices.

Chinese stock pickers lead global hedge fund gains.

In the first half of 2025, Chinese stock pickers led global hedge fund gains with double-digit returns, driven by a rebound in Hong Kong stocks and bets on AI and 'new consumption' firms. The Greater China Equities Hedge Fund Index gained 15%.

FTSE 100 reaches record high.

On July 24, 2025, the FTSE 100 reached a record high, driven by positive financial reports from British telecom company BT Group and optimism surrounding a potential EU-U.S. trade agreement. The UK FTSE 100 index rose to 9,138.37 points.

India's private sector experiences robust growth.

In July 2025, India's private sector experienced robust growth, indicated by a HSBC Flash India Composite PMI of 60.7, fueled by strong international demand. However, the expansion was tempered by rising inflation and a slowdown in job creation.

U.S. business activity expands.

In July 2025, U.S. business activity expanded, with the Composite PMI at 54.6, the highest since December, while the manufacturing PMI fell to 49.5, the first contraction since December. Tariff concerns fueled inflation, with prices charged by businesses rising.

U.S.-China trade talks focus on exports and oil deals.

U.S.-China trade talks in Stockholm will focus on China's high dependence on exports and potential oil deals, with the U.S. seeking to reduce China's excess production capacity and boost domestic consumer spending. China's consumer spending accounts for less than 40% of its economy.

TotalEnergies reports decline in adjusted net income.

TotalEnergies reported a 23% year-over-year decline in adjusted net income to $3.58 billion for Q2 2025, attributed to lower oil and gas prices and demand. The company plans to repurchase up to $2 billion in shares.

South Korea discusses shipbuilding tie-up with the U.S.

South Korea is discussing a shipbuilding tie-up with the U.S., including investments to modernize U.S. shipyards, as part of efforts to secure better tariff terms. HD Hyundai and Hanwha Ocean are deepening ties with U.S. shipyards.

Global Conflicts

Sudan's Islamist movement seeks post-war return.

Sudan's Islamist movement, ousted in 2019, is seeking a post-war return by backing the army against the RSF, with estimates of 2,000 to 3,000 fighters directly contributing. The movement is preparing for a return to power, which could strain Sudan's regional relationships.

Trump faces challenges in solving global conflicts.

US President Trump faces challenges in solving global conflicts, including resisting a bipartisan bill to impose sanctions on Russia.

Political Pulse

Wisconsin Lt. Gov. Sara Rodriguez announces gubernatorial bid.

On July 25, 2025, Wisconsin Lt. Gov. Sara Rodriguez announced her candidacy for governor, becoming the first Democrat to enter the race. Rodriguez, who has been lieutenant governor since 2023, emphasized her commitment to protecting reproductive freedom and rebuilding the economy.

Newsom strategizes against Republican redistricting.

On July 25-26, 2025, California Gov. Gavin Newsom met with Texas Democrats to strategize against Republican redistricting efforts, which aim to secure more congressional seats for the GOP. Newsom threatened to redraw California's congressional maps and accused Trump and the GOP of attempting to manipulate elections.

EU-China summit reveals agreements on climate, exports.

The EU-China summit in Beijing on July 24, 2025, revealed agreements on climate change and export controls, including a joint declaration on climate change and an updated mechanism for rare earth mineral exports. The summit also marked the 50th anniversary of diplomatic relations.

Trump's name appears in Epstein files.

On July 24, 2025, Trump faced backlash over his name appearing in the Epstein files, as Deputy Attorney General Todd Blanche met with Ghislaine Maxwell. Trump's administration continues to face scrutiny over the Epstein case.

Far-right MEP opposes EU climate target.

On July 24-25, 2025, Ondřej Knotek, a far-right MEP, opposed the EU's proposed 2040 climate target, arguing it would have “devastating consequences” for energy-intensive industries. Centrist MEPs condemned the move.

Pentagon suspends officials from think-tank events.

The U.S. Defense Department suspended officials' participation in think-tank events on July 22, 2025, avoiding organizations opposing the Trump administration's values. The move follows the withdrawal from the Aspen Security Forum over globalism and anti-Trump sentiment.

Senate Republicans grapple with Trump's Epstein ties.

Senate Republicans are grappling with the Epstein case amid reports on Trump ties, forcing them to publicly confront Trump's Epstein connections. The New York Times interviewed six Trump voters to gauge their trust in President Trump's handling of the Jeffrey Epstein case.

Reports indicate Trump was briefed about being named in the Epstein files.

CNN's Erin Burnett explained the significance of reports indicating that President Trump was briefed about being named in the Epstein files, contrasting with Trump's recent denials. Joy Taylor reposted a news update from Complex reporting the same.

NYC Board of Elections investigates voter fraud.

On July 25, 2025, the NYC Board of Elections requested prosecutors to investigate possible voter fraud in the District 47 race, following a close Republican primary. Authorities are investigating possible ballot stuffing, including votes cast by deceased individuals.

Tech Innovations

U.S. withholds tech funding from states with strict AI laws.

The Trump administration is withholding federal tech funding from states with strict artificial intelligence laws, signaling that overregulating AI could have consequences. This move may impact states like Colorado, which passed the Colorado AI Act.

TikTok ban deadline postponed again.

The deadline to enforce a statutory ban on TikTok has been postponed for the third time, due to fears of Chinese disinformation and data access. The app is used by almost half of all Americans and 65 percent of American teenagers.

Ukraine Conflict

Russian strikes hit Kharkiv, causing injuries and damage.

On July 24 and 25, 2025, Russian strikes targeted Kharkiv, resulting in injuries and damage to residential buildings, warehouses, and vehicles. The attacks, including a guided aerial bomb strike, injured 42 people, including a child and a teenager, with ongoing fighting reported around Pokrovsk.

Taiwan holds recall elections targeting opposition lawmakers.

On July 26, 2025, Taiwan held recall elections targeting 24 opposition lawmakers from the Nationalist Party (KMT). The vote could potentially allow President Lai Ching-te's party to secure a majority in the legislature and reshape the balance of power.

NABU faces 'dirty information campaign'.

Semen Kryvonos, director of NABU, stated his agency faces a 'dirty information campaign' and that attacks on anti-corruption bodies will continue even after the adoption of the law on the restoration of the independence of NABU and SAP. The Verkhovna Rada voted for bill No. 12414 on July 22, which essentially eliminated the independence of the Specialized Anti-Corruption Prosecutor's Office and the National Anti-Corruption Bureau of Ukraine.

Ukraine discovers low-tech defense against Russian drones.

On July 24, 2025, DW reported that Ukraine has discovered a low-tech defense against Russian drones, many of which are now immune to high-tech jamming. Local authorities in southern Ukraine have found a simple way to try to stop them.

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