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VW Cuts Half Its Lineup, China Sales Plunge 36.6% as CEO Seeks Plant Alternatives
Volkswagen slashes product lineup by 50% and cuts China deliveries 36.6% in Q2. CEO Oliver Blume seeks cost cuts without closing German plants amid EV sales decline.
AMBER Alert Canceled in Kansas City After Children Found Safe July 12
AMBER Alert canceled in Kansas City, Kansas after 3-month-old Adrian and 3-year-old Jaylen Boose were found safe with their mother, 29-year-old Taylyn Reed, who is now in custody.
Two Charged With Murder After Body Found in Suitcase in Kent Woods
Joshua Miller, 32, charged with murder and preventing lawful burial. Jamie Cooper, 27, charged with preventing lawful burial after body found in suitcase in Kent woods.
Steinmeier Defends €860M Bellevue Palace Renovation as Ceiling Damage Worsens
President Steinmeier defends €860M Bellevue Palace renovation, citing ceiling damage and safety issues. Temporary office costs €205M plus €16M annual rent.
Myanmar Assures ASEAN Aung San Suu Kyi in Good Health, July 13
Myanmar tells ASEAN that detained former leader Aung San Suu Kyi, 81, is in good health. ASEAN foreign ministers met Myanmar’s counterpart July 12 to push a stalled peace plan amid civil war.
Parliamentary Panel Backs Suspension Over Removal for Jailed Ministers, July 13
Parliamentary committee recommends suspension instead of permanent removal for PM, CM, and ministers detained 30 days on criminal charges. Proposes automatic reversal if acquitted.
Hong Kong Banks Raise Fixed Deposit Rates to 3%+ in July 2026
Hong Kong banks hike fixed deposit rates to 3%+ as 11 institutions join the trend. Fubon, DBS, and Chiyu offer competitive rates; minimum deposits range from HK$1,000 to HK$500,000.
Bangladesh Seeks $4.5B IMF Deal With Public Interest Safeguards, July 13
Bangladesh Finance Minister Amir Khosru Mahmud Chowdhury says new IMF programme must safeguard public interest. IMF mission reviews $4.5B loan proposal through July 16.
MTY Food Group Closes 68 Restaurants, Papa Murphy’s Hit Hardest
MTY Food Group to close 68 restaurants including up to 50 Papa Murphy’s locations after Q2 earnings miss and 2.1% same-store sales decline. Stock drops 10.6%.