Researchers at the University of Warwick developed a new method to predict the strength of the Sun's solar cycles up to seven years in advance. By identifying a "switch-off" point where extreme space weather abruptly ceases, they can forecast the next cycle's sunspot peak, with an early estimate suggesting a moderate Solar Cycle 26.
The Bureau of Meteorology forecasts dry, wintry conditions for most of Queensland, with showers on the south-east coast and light falls in Wide Bay. Hazardous surf conditions are expected to weaken from today, though beachgoers are advised to remain cautious.
South Korean beauty (K-beauty) is experiencing a "second wave" in the U.S., marked by Olive Young's successful store openings in California and a 48% sales increase. This trend is reshaping the American beauty market, benefiting retailers like Ulta and Target, but also posing risks to average selling prices.
The IEA reports global oil demand will decline by 1 million barrels/day in 2026 due to the US-Iran war disrupting Middle Eastern oil production and exports, despite gradual export resumption.
Apurva Shrivastava, an Indian-origin MIT engineer, co-founded Avoca with Tyson Chen, an AI answering service for home businesses. The company, valued at $1 billion, uses AI voice agents to book appointments and follow up on leads, addressing the critical issue of missed calls for small contractors.
The International Energy Agency (IEA) predicts a 1.047 million bpd drop in global oil demand in 2026, the first contraction since 2020. Despite a May slump, improved supply data and lower prices are expected to stimulate consumption, with demand returning to growth in Q4 2026.
A developing Super El Niño may disrupt the Polar Vortex, potentially causing colder temperatures and more snow in the US, Canada, and Europe during the winter of 2026-27. Meteorologists are monitoring these long-range climate signals.
Heavy monsoon rains have caused widespread waterlogging, traffic disruptions, and several fatalities across India. Red and orange alerts are in effect for multiple states, with authorities on high alert for thunderstorms, lightning, and gusty winds.
India is experiencing severe monsoon rains, causing widespread waterlogging, traffic disruptions, landslides, and rescue operations across multiple states. The India Meteorological Department has issued red and orange alerts for heavy rainfall, thunderstorms, and gusty winds, with several regions reporting fatalities and infrastructure damage.
Western Europe recorded its hottest June on record with an average temperature of 20.74°C, surpassing last year's record. This is over 3°C above the 1991-2020 average, highlighting significant climate change impacts.
Delhi experienced heavy monsoon rains in the early hours of Thursday, bringing relief from humid weather. The IMD issued an 'orange' alert, forecasting more rainfall and leading to waterlogging in several areas.
The IMF forecasts shipping through the Strait of Hormuz to resume by mid-July, with a return to pre-conflict conditions expected by March 2027. Geopolitical uncertainty is projected to continue throughout the coming year.
The IMF has maintained its projection of 1.1% GDP growth for Russia in 2026 and 2027, unchanged from its April estimates. The report also noted Russia's GDP grew 4.9% in 2024 and is expected to grow 1% in 2025.
Hangzhou, China, has raised its alert level for Typhoon Bavi, urging all departments to prepare for the worst. The government emphasized precise forecasting, evacuation plans, public alerts, and emergency supply preparation. A local reservoir is discharging floodwaters in anticipation of heavy rainfall as the typhoon nears Taiwan.
Hangzhou government issues high alert for Typhoon Bavi, urging precise forecasts, evacuation plans, and preparation of emergency supplies. The typhoon is nearing Taiwan and expected to make landfall near the Zhejiang-Fujian border on Saturday.
China is preparing for Super Typhoon Bavi, urging shelters to stock three days of supplies and rescue teams to be on 24-hour call. The typhoon is predicted to make landfall on the eastern coast between Saturday night and Sunday morning, with authorities reviewing past typhoon impacts and drafting evacuation plans.
Economists believe Australia will avoid recession despite a projected contraction in GDP per capita, citing falling oil prices and a tax cut. While inflation and interest rates remain concerns, future growth is anticipated, boosted by datacenters and AI.
Samsung expects Q2 operating profit of 89.4tn won, 19x higher YoY, due to soaring AI chip demand. Despite record forecasts, shares fell 7% as the market had already priced in growth and investors question spending sustainability.
The India Meteorological Department (IMD) has issued a warning for heavy to extremely heavy rainfall across numerous Indian states on Tuesday, July 7, driven by a depression over Jharkhand. Thunderstorms and gusty winds are also expected, with the southwest monsoon anticipated to advance further into new regions over the next three days. Residents are advised to remain alert for potential flooding and disruptions.
Bloomberg Economics forecasts Russia's key interest rate to fall to 13% by the end of 2026 and further decrease to 10% by the end of 2027. The Bank of Russia is expected to continue easing monetary policy, albeit at a slower pace.
Super Typhoon Bavi, with winds near 290km/h, is set to hit Guam and the Northern Mariana Islands. Forecasters warn of catastrophic damage and 11m waves. Residents are moving to shelters as the storm approaches.
Meghalaya CM Conrad Sangma declared an "existential crisis" due to over 80% rainfall deficiency in June, urging immediate action on climate change preparedness, water conservation, and natural farming.
El proceso extraordinario de regularización de inmigrantes en España ha recibido 1.174.978 solicitudes, duplicando las previsiones del Gobierno. El 67% provienen de América Central y del Sur, con Colombia a la cabeza. Casi el 52% ya están en trámite, otorgando permisos temporales.
A dangerous heatwave, linked to hundreds of deaths in western Europe, has shifted east, bringing record temperatures to central, eastern, and southern Europe. Countries like Hungary, Slovakia, and Germany are experiencing extreme heat, leading to fatalities, infrastructure issues, and strain on energy grids, especially in Ukraine.
