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McConnell Absent Six Weeks After Fall; GOP Demands Transparency on Health
Sen. Mitch McConnell, 84, has been absent from the Senate for six weeks after a fall. His office has released minimal details, sparking calls for transparency from GOP senators and Kentucky’s governor.
Indian Education Minister Dharmendra Pradhan Resigns After Mass Protests on July 25
Indian Education Minister Dharmendra Pradhan resigned July 25 after mass protests over exam leaks affecting 2 million students. The Cockroach Janta Party victory signals rare accountability challenge to Modi’s 12-year rule.
Nigerian Naira Strengthens to N1,362 Per Dollar on July 25, 2026
Nigerian naira appreciates to N1,362 per dollar as foreign reserves hit $52 billion and oil prices surge. Official and black market rates both strengthen on improved FX liquidity.
Australia’s New CGT Rules Create $500,000 Tax Trap for Retirees July 25
Australia’s new capital gains tax rules remove the 50% discount and replace it with inflation indexation, creating a $500,000 tax trap for unwary retirees and investors. The change breaks tax parity with dividend income.
Joe Manchin Launches Independent Leadership Council to Back Congressional Candidates
Joe Manchin launches Independent Leadership Council to recruit and support independent congressional candidates. The 78-year-old former senator aims to build a centrist movement, not a third party.
Swiss ‘Zipper Merge’ Rule Clarified: Late Lane Changes Are Legal, July 24
Swiss police clarify zipper merge rule: staying in your lane until the end during road narrowing is legal and reduces traffic jams. The principle has been law since 2021.
Supreme Court Strips Independent Agencies of Firing Protection, July 24
Supreme Court’s Trump v. Slaughter ruling lets the president fire independent agency heads without cause, overturning Humphrey’s Executor. Federal Reserve kept its independence in Trump v. Cook.
Australia’s New Super Tax Hits High Earners From July 1: What Retirees Need to Know
Australia’s new Division 296 superannuation tax from July 1, 2026 hits high-balance retirees with 30-40% rates. Affects 90,000 people with balances over $3 million. Capital gains tax and negative gearing changes also take effect July 2027.
Seven-Eleven Japan Warns Stores Over Staff Reselling Pokemon Cards, July 24
Seven-Eleven Japan warned franchise stores after employees and owners hoarded and resold Pokemon cards and anime merchandise. Legal experts say criminal charges are unlikely, but contract termination is possible.