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Trump-Putin summit confirmed to be off US sanctions two Russian oil giants
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Trump-Putin summit confirmed to be off US sanctions two Russian oil giants

(Moscow/Kyiv/Washington) US President Donald Trump canceled a planned meeting with Russian President Vladimir Putin, citing a perceived lack of progress in negotiations on ending the war in Ukraine. Trump also imposed sanctions on two major Russian oil companies.
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Global debt reaches record high of $337.7 trillion
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Global debt reaches record high of $337.7 trillion

(Reuters, London) - Global debt increased by more than $21 trillion in the first half of this year to a record $337.7 trillion (S$438.8 trillion) due to an improved global financial environment, a weaker dollar and loosening policies by major central banks, the Institute of International Finance's quarterly report showed.
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Japan's new prime minister aims to meet defense spending target ahead of schedule
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Japan's new prime minister aims to meet defense spending target ahead of schedule

(Tokyo Comprehensive News) As U.S. President Trump visits Japan next Monday, Japanese media reported that new Prime Minister Sanae Takaichi plans to achieve the goal of defense spending accounting for 2% of gross domestic product (GDP) two years ahead of schedule.
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Trump demolishes East Wing of White House to create massive ballroom
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Trump demolishes East Wing of White House to create massive ballroom

(Washington Comprehensive News) US President Trump confirmed that he will demolish the entire East Wing of the White House to facilitate his plan to build a large banquet hall. The demolition work has begun, which has aroused protests from Democrats and cultural heritage groups.
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The Louvre's director acknowledged security shortcomings and advocated for improvements, including the establishment of a police station.
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The Louvre's director acknowledged security shortcomings and advocated for improvements, including the establishment of a police station.

(Paris Comprehensive News) The director of the Louvre Museum in France, Decard, admitted that the Louvre's security system has defects such as weak periphery, long-term insufficient investment and delayed upgrades, and initially proposed corrective measures.
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Kaohsiung's economic stimulus package is expected to be larger than its predecessor's, but analysts say it won't help achieve its profit target.
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Kaohsiung's economic stimulus package is expected to be larger than its predecessor's, but analysts say it won't help achieve its profit target.

Japanese Prime Minister Sanae Takaichi will unveil her first economic stimulus package upon taking office, with fiscal spending likely exceeding the 13.9 trillion yen (S$120 billion) in additional budget approved by the Shigeru Ishiba administration last year. As she has consistently advocated for Abenomics, her economic package will feature three key elements: addressing inflation, expanding investment in growth-oriented industries, and strengthening economic security.
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