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Catastrophic flooding in Texas over the July Fourth weekend has resulted in over 100 deaths, with search-and-rescue teams continuing their efforts to find missing individuals. Camp Mystic, an all-girls summer camp, tragically lost 27 campers and counselors, and authorities are investigating potential warning failures. The disaster has prompted a federal investigation and a visit from President Trump.
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News and Media
President Trump hosted Prime Minister Netanyahu at the White House, discussing a potential Gaza ceasefire and hostage-release deal, while Israeli officials engaged in indirect negotiations with Hamas in Qatar. Netanyahu suggested exploring options for Gazans to relocate to neighboring countries, as the U.S. administration planned talks with Iran and aimed for a "permanent deal.
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The Indian rupee weakened to 85.85 against the dollar due to renewed uncertainty over US tariff policies after President Trump threatened a 10% levy on BRICS nations. This announcement deteriorated market sentiment, making the rupee the third worst-performing Asian currency despite likely intervention by the Reserve Bank. Traders anticipate the rupee to fluctuate between 85.50 and 86.
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News and Media
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