The U.S. has paused some arms deliveries to Ukraine, including air defense missiles, due to low stockpiles, prompting concerns from Ukraine and NATO. Russia intensified military offensives in eastern Ukraine in July 2025, while Zelenskyy seeks continued U.S. support.

On July 1, 2025, French President Emmanuel Macron and Russian President Vladimir Putin spoke by phone, discussing Iran's nuclear program and the conflict in Ukraine. Putin rejected a ceasefire in Ukraine and reiterated territorial claims.

Australia canceled Kanye West's visa on July 2, 2025, after he released 'Heil Hitler,' a song promoting Nazism. The decision was made due to the antisemitic nature of the song.

Banco Sabadell sold its British subsidiary TSB to Santander, which increased Sabadell's stock price and put pressure on BBVA to improve its takeover bid. Sabadell will distribute €3,800 million in dividends.

On July 2, 2025, Bunge completed its $8 billion merger with Viterra, creating a major grain trading and processing giant. The merger was approved by regulatory bodies in Canada and China.

Chancellor Rachel Reeves faced financial challenges after welfare reforms were weakened, reducing savings. The UK government is facing opposition regarding planned benefits reforms, particularly concerning Personal Independence Payments (PIP).

Intralot will acquire Bally’s International Interactive business for approximately $3.2 billion. The deal includes cash and Intralot stock, making Bally’s a major Intralot shareholder, and is expected to be completed in Q4 2025.

Trial Holdings acquired Seiyu, making it a wholly-owned subsidiary in July 2025. Trial aims to expand its business scale by incorporating Seiyu, which has a store network in the Tokyo metropolitan area.

On July 1, 2025, Asian stocks generally rose amid optimism about potential US trade deals. However, Tokyo's Nikkei experienced a decline after President Trump threatened new tariffs on Japan.

On July 2, 2025, Trump stated the US will not extend the July 9 trade deadline with Japan, expressing doubt about a deal. He mentioned potential trade with India involving lower tariffs for fairer competition.

The United States and India are close to finalizing a trade deal. The agreement involves India increasing imports of American goods and the US removing tariffs on Indian products.

LumApps and Beekeeper merged, forming a company valued at over $1 billion. The merged entity will serve 7 million users and generate $150 million in recurring revenue.

Discussions regarding the handling of 'goodwill' in M&A are intensifying. A government regulatory reform promotion council suggested a review of the current rule of periodically expensing.

Jesse Green, the chief theater critic for The New York Times, selected 10 memorable theater moments from the first half of 2025. These moments include Audra McDonald's performance of "Rose's Turn" at the Tony Awards.

On July 1, 2025, Ukrainian forces attacked a military factory in Izhevsk, Russia, resulting in three deaths and 45 injuries. The factory produces military equipment, including air defense systems and radar devices.

On the night of July 2, 2025, Russia launched 52 drones at Ukraine, with Ukrainian air defenses neutralizing 40 drones. The attack targeted the Sumy region, with air alerts declared in several regions.

On July 1 and 2, 2025, Costa Rica's Supreme Court requested Congress lift President Rodrigo Chaves' immunity for corruption investigations. Chaves is accused of forcing a communications company to give $32,000 to his friend and misusing a $32,000 contract.

On June 30, 2025, the Senate debated Trump's One Big, Beautiful Bill, including Medicaid changes and tax cuts. The bill includes $4.5 trillion in tax cuts and $1.2 trillion in social program cuts.

On July 2, 2025, Thailand's Constitutional Court suspended Prime Minister Paetongtarn Shinawatra over an ethics probe. The suspension followed a dispute over a border conflict with Cambodia in May.

Ursula von der Leyen faces a no-confidence vote in the European Parliament on July 10, 2025, due to suspicions regarding vaccine purchases during the pandemic. An absolute majority of 361 out of 720 votes is needed for approval, which would force the entire Commission to resign.

On July 2, 2025, the Second Circuit reinstated convictions of Hernán López, a former Fox executive, and Full Play Group for conspiracy in the 'Fifagate' case. The case involved bribery related to soccer tournaments.

The ICEBlock app, created by Joshua Aaron, alerts users to ICE raids and is gaining popularity in the US. As of July 1, it had around 95,200 users, with the Trump administration criticizing the app.

Photo galleries from Reuters and the Associated Press (AP) presented global events on July 1 and 2, 2025. The AP's top photos included Canadian Prime Minister Carney resuming trade talks with the US and US stocks at record heights.

Euronews and RNZ News both deliver daily news updates covering Europe, the world, business, entertainment, politics, culture, and travel. Both provide top stories and headlines, focusing on delivering the latest news and breaking news.

The Headlines podcast, released on July 1, 2025, discusses a 'Horror Show' at a detention facility and the dollar's big drop. The episode also mentions the WNBA, specifically the addition of three new teams.