George Russell wins the Austrian Grand Prix, his first victory since the season-opening race in Australia, amid a challenging period marked by teammate Kimi Antonelli's dominance and his own struggles with performance and bad luck.
Three days after a powerful double earthquake in Venezuela, over 900 are dead and 3,000 injured, with thousands homeless. President Delcy Rodríguez pledged unity, but frustration grows over a slow, disjointed aid response. International teams face equipment shortages, and the Venezuelan government's reluctance to accept private aid complicates efforts, despite neighboring countries collecting supplies.
Apple is reportedly lobbying the Trump administration to allow it to purchase memory chips from ChangXin Memory Technologies (CXMT), a Chinese company blacklisted by the Pentagon. This move comes amid a severe memory chip shortage and soaring prices, which have already led Apple to increase prices for its MacBooks and iPads.
A New York City housing board voted 7-1 to freeze rent increases for one- and two-year leases on over 1 million rent-stabilized apartments, marking a significant victory for Mayor Zohran Mamdani. The decision drew mixed reactions from tenant advocates and property owners.
Bitcoin dipped to $58,189 on June 25 before recovering slightly to ~$59,542, as the Federal Reserve's May PCE inflation report came in at 4.1% (headline) and 3.4% (core), aligning with expectations and easing immediate downside risks. Despite this, hawkish Fed signals, significant ETF outflows ($651 million over three days), and competition from AI-focused equities pose challenges for BTC, with key support at $58,000 and potential downside to $50,000-$54,000 if broken.
Australia's financial regulator, ASIC, has extended the deadline for digital asset businesses to apply for Australian Financial Services licenses until September 30, 2024. This temporary enforcement relief also expands to cover firms operating through authorized representatives, following updated guidance and ahead of a new Digital Asset Framework in 2027.
India launched "Operation Amistad" sending two IAF C-17 aircraft with a field hospital and over 35 tons of relief supplies to Venezuela following devastating earthquakes. The operation includes a 41-member Indian Army medical team and BHISHM Cubes, as the death toll in Venezuela rises to 235.
Evan Spiegel and Miranda Kerr donated to Undue Medical Debt, erasing over $550 million in medical bills for 261,000 low-income California residents. The non-profit buys discounted debt, informing recipients directly, highlighting philanthropy's growing role in addressing US healthcare costs.
A documentary follows British nerve surgeon Mohammad Tahir and his colleagues as they work in Gaza's barely operational hospitals during the 2024-25 war, treating severe injuries, including those of children, amidst bombings, blackouts, and critical supply shortages, supported by FAJR Global.
The US Southern Command has sent warships, including the USS Fort Lauderdale and USS Billings, along with transport aircraft, to aid Venezuela's post-earthquake relief efforts. The deployment aims to support damage assessment, search and rescue, and critical assistance delivery.
The committee managing Kabristan Ahle Muslimeen in Mathura has called the administration's compensation of Rs 100 per damaged grave "shocking" and an "insult to the dead" after a JCB allegedly damaged nine graves on April 26. Families reported seeing burial shrouds and skeletal remains, while the official valuation was Rs 100 per grave, tree, and concrete pillar.
Andy Haldane, president of the British Chambers of Commerce, proposes linking over £50bn in pension tax relief to investments in UK businesses. This aims to address a funding gap for small- and medium-sized enterprises and introduce a "home bias" in retirement savings.
St Lucia faces a severe, decade-long water scarcity crisis exacerbated by climate change, a "super El Niño," and aging infrastructure leading to 45% water loss. Despite significant international funding, political disputes and low tariffs hinder solutions, prompting calls for increased home water storage.
US farmers, including Ryan Poe, Kevin Deinert, and Dave Walton, are still grappling with high fertilizer and diesel prices despite global market drops and a tentative Iran peace deal. A USDA forecast predicts these costs won't substantially decrease until 2027, putting significant pressure on farm margins and the rural economy.
Gold and silver prices continued to fall on Thursday, June 25, 2026, providing a welcome relief for buyers after recent price surges. Leading jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported lower rates for 22K gold across major Indian cities.
Bitcoin dropped below $60,000, hitting two-week lows, as traders anticipate a relief bounce towards $70,000 despite increasing short interest. US stocks remained flat, showing limited impact from US-Iran peace progress regarding the Strait of Hormuz.
The Senate passed a symbolic Iran war powers resolution 50-48, directing President Trump to remove U.S. forces from hostilities. The vote, with bipartisan support, signals congressional resistance to Trump's Iran policy.
NSW's budget offers cost-of-living relief like reduced car registrations and toll caps, but these measures are temporary. Housing reforms aim to boost supply, while economic forecasts face uncertainty from interest rates and GST revenue.
Une canicule exceptionnelle frappe la France ce mercredi 24 juin, avec des nuits tropicales et des maximales atteignant 40 à 44°C dans l'ouest. Le risque d'incendie est élevé, notamment dans l'ouest et le sud-ouest. La chaleur devrait persister jusqu'à vendredi.
Europe is experiencing a severe heatwave, with France and Germany reporting dozens of drowning deaths as people seek relief from oppressive temperatures. Record-breaking highs are forecast across Western Europe, with Italy issuing red alerts in 15 cities and Britain issuing a rare red warning for extreme heat.
Kunal Shah, founder of Indian fintech CRED, will head WhatsApp. Meta also invested $900M in CRED. Meanwhile, the US has temporarily lifted sanctions on Iranian oil exports, potentially allowing Indian buyers to resume imports after years of restrictions.
New South Wales' latest budget freezes public transport fares for a year and cuts vehicle registration by $100, aiming to ease cost-of-living pressures ahead of the March 2027 election. The state forecasts a $2.3bn deficit in 2026-27, with gross debt projected to exceed $200bn.
The Greens will support the Albanese government's negative gearing and capital gains tax changes. In return, Labor's overhaul of the national disability insurance scheme will be delayed and tweaked. This deal allows Labor to pass its budget centerpiece before parliament rises.
Gold prices have seen a decrease on Tuesday, June 23, 2026, across major Indian cities and leading jewelry brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. This dip offers a welcome opportunity for buyers.
