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The Reserve Bank of Australia has announced another interest rate increase, citing mounting inflation concerns. The move means higher borrowing costs for Australian households and businesses, following a series of rate hikes aimed at bringing prices under control. Analysts are watching closely for signs of how much further the bank will go, with markets weighing the impact on mortgages and consumer spending.

Global temperatures have reached record highs as the El Niño climate pattern strengthens, according to a new report. El Niño, the periodic warming of Pacific Ocean waters, is driving temperatures higher worldwide, adding to concerns about extreme weather, heatwaves and the accelerating effects of climate change. Meteorologists are watching the pattern closely for further impacts.

The US Supreme Court has turned down the Trump administration's attempt to limit mail-in voting, declining to intervene on the issue. The decision keeps existing mail ballot rules in place for now and lands amid ongoing legal and political battles over voting access heading into future elections.

The US Federal Reserve has raised interest rates for the first time since 2023, according to ABC News. The increase marks a shift in monetary policy after an extended pause, affecting borrowing costs for households and businesses across the United States. Further details on the size of the hike and the central bank's reasoning were not included in the initial report.

Sudan faces a governance vacuum as the United States recognises neither of the warring authorities. The army-backed administration controls much of the formal state apparatus, while the paramilitary Rapid Support Forces exercises power across territory it holds. Yet Washington says neither side represents legitimate constitutional governance, leaving Sudan with authorities but no internationally recognised government.

The US Strategic Petroleum Reserve has dropped to its lowest level since 1982, following extended releases of crude oil from the emergency stockpile. The drawdown, begun to cool fuel prices after Russia's invasion of Ukraine, has raised debate about US energy security and how quickly and at what cost the reserve can be refilled.

The US Federal Reserve has decided to keep interest rates unchanged as new data shows inflation climbing to its highest level in three years. The decision leaves borrowing costs where they are despite persistent price pressures, and economists are watching closely for hints about when, or whether, the central bank might move rates again.

Bank of England Deputy Governor Dave Ramsden said there is a case for raising the key interest rate if inflationary pressures continue to build. His comments signal a willingness among policymakers to tighten monetary policy further should price growth prove persistent. Markets and analysts are watching the Bank's next moves closely as inflation concerns remain elevated.

Police say they have foiled a suspected terrorist attack near a U.S.-operated air base in the United Kingdom. Details about the suspects, the intended target, and how the plot was detected have not been fully released as the investigation continues. The incident is drawing wide attention because it involves American military personnel stationed on British soil and raises questions about security around U.S. facilities in the U.K.

Economists remain split over whether the US Federal Reserve will raise interest rates before the end of the year. ABC News reports that analysts are weighing conflicting signals on inflation and the jobs market, with no clear consensus on the direction of Fed policy. Markets and households are watching closely, as any rate move would affect borrowing costs, mortgages and the wider economy.

The Swiss franc has weakened against major currencies as investors bet that interest rate rises outside Switzerland will narrow the gap with Swiss yields. Traders see the franc losing its appeal as a safe haven if rates climb in the United States and the eurozone, reducing demand for the currency.

UK counter-terrorism police have arrested five people in an operation connected to an alleged terror plot near a US-operated air base in Britain. Details about the suspects and the alleged targets have not yet been fully released. The story is drawing wide attention as authorities continue searches and question those detained.

NASA has unveiled a strategy for building a moon base with an estimated price tag of $20 billion. The plan outlines how the agency intends to establish a long-term human presence on the lunar surface as part of its broader exploration goals. Outlets are explaining the key details of the proposal and what it would mean for future lunar missions and budgets.

Russia has started rationing fuel following a large Ukrainian drone strike that hit fuel infrastructure. Reports say Ukrainian long-range drone technology is outmatching Russia's jet-powered drones, forcing Moscow to restrict petrol supplies in parts of the country. The strikes mark an escalation in the drone war between the two countries, with Ukraine targeting refineries and depots deep inside Russian territory.

A Russian newspaper is warning of a "deterioration of the economic situation" in Russia, a striking admission from the country's own press. BBC's Steve Rosenberg highlighted the warning, which is drawing wide attention as observers weigh what it signals about the state of Russia's wartime economy.

A BBC tracker is following the UK's latest migration numbers, covering net migration, visa figures, asylum claims and crossings by small boats. It offers a running picture of how migration into Britain is changing across the main official statistics and routes, giving readers a single reference point for the numbers behind an ongoing political debate.

Russia's ambassador to India, Denis Alipov, said the United States would never allow India to become the next China as a strategic competitor. The remark, made by Moscow's top diplomat in New Delhi, frames India's rise as something Washington would seek to constrain rather than support, feeding ongoing debate in India about its balancing act between the US and Russia.

Ukraine's Third Army Corps says it used ground robots armed with grenade launchers to attack Russian shelters, with infantry kept out of direct contact. Operators controlled the machines from positions tens of kilometers away. The unit claims no side has used similar tactics before in this war, drawing attention to the growing role of unmanned systems.

Bipartisan momentum is building in Washington against pharmacy benefit managers, the middlemen who negotiate drug prices and have been blamed for soaring prescription costs. Lawmakers from both parties are pushing for greater oversight and potential reforms of the industry, a rare area of common ground in a divided Congress.

Treasury Secretary Scott Bessent said the Trump administration will examine open-source AI models for intellectual property theft, warning 'we have the ability to sanction them.' The comments came as attention focused on Kimi K3, an open-source model from China's Moonshot AI, fueling debate over whether US officials will move against Chinese AI releases on trade or security grounds.

The US Energy Information Administration projects that solar power generation in Texas will overtake coal-fired generation in 2026, marking a major shift in the energy mix of the country's largest power market. The forecast reflects rapid solar buildout in the state as coal continues to decline.

US mortgage rates have climbed back to 7%, prompting renewed concern among homebuyers, homeowners and industry analysts. The Wall Street Journal examines what the increase means for affordability, home sales and prices, and whether the Federal Reserve's rate policy could push borrowing costs higher or bring relief later this year.

The US House of Representatives has passed a bill providing roughly $70 billion for immigration enforcement. The measure would fund border security, detention and deportation operations, and now moves to the Senate, where its fate is uncertain. Supporters frame it as restoring border control, while immigrant rights groups warn of mass deportations and expanded detention. The vote is expected to intensify the broader political fight over immigration policy in Washington.

Reports say Russia has warned foreign diplomats to leave Kyiv, prompting speculation about a shift in Moscow's war strategy and the possibility of intensified strikes on the Ukrainian capital. Analysts are debating what the warning signals about the next phase of the conflict and its implications for embassies and foreign missions still operating in Ukraine.