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US Lets Hong Kong Emergency Expire but Keeps Trade Curbs in Place
US allows Hong Kong national emergency to expire, removing some sanctions but keeping trade restrictions. Executive Order 13936 remains in effect despite China’s claims of restored privileges.
Apple Raises iPhone Prices in Japan by Up to 11% on July 18
Apple raised iPhone prices in Japan by up to 11.3% on July 18 due to yen depreciation. iPhone 17 Pro Max jumped ¥20,000 to ¥214,800. The move comes as memory costs squeeze margins globally.
Kansas City Firefighters Cut Apart Porta-Potty to Rescue Man Trapped 8 Hours
Kansas City firefighters rescued a man trapped in a porta-potty waste tank for 8 hours after he climbed inside to retrieve a Mountain Dew bottle dropped during a World Cup event on July 14.
Trump Halts Offshore Wind Projects on National Security Claims; States Sue Back
Trump administration halts offshore wind projects citing national security risks, spending $2.7 billion on lease buyouts. California and other states threaten lawsuits over the decision.
Swatch Moonswatch Gold Edition Launches July 16: CHF 500 for 1,969 Pieces
Swatch launches Mission to the Moon 1969 MoonSwatch with 11 grams of 18K gold from Apollo era parts. Limited to 1,969 pieces at CHF 500. Requires application approval.
General Dynamics Wins $2B Canadian Armoured Vehicle Deal on July 16
Canada commits $2 billion to buy 190 armoured vehicles from General Dynamics Land Systems-Canada over four years, expanding the military fleet to 550 units and creating 6,000 jobs annually.
SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges
Australia’s daily smoking rate fell to 5.6% in 2025, beating the 10% target, but 34% of smokers now buy illicit tobacco. The government bans nicotine pouches from July 24.
Trump’s New Global Tariffs Loom as $71B Refund Wave Hits Companies
Companies have received $71 billion in tariff refunds after the Supreme Court ruled Trump’s tariffs illegal. Now Trump plans new global tariffs of 10-12.5% starting July 24, affecting UK, Japan, India, Taiwan, and China.