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Australia’s Age Pension Thresholds Rise July 1: Who Gets a Boost
Age Pension deeming thresholds rose July 1, 2026. Single pensioners now have $66,800 at the lower rate, couples $110,600. Part-pensioners with investments may see modest payment increases.
Oil Choke Points Widen as Hormuz Attacks Surge: Brent Hits $100
Oil prices surge past $100 as attacks on tankers in Hormuz, Red Sea, and Black Sea disrupt shipping. Brent crude up 30% in July. Vulnerable economies face $20bn annual import cost rise.
Trump’s ICC Policy Escalates as Prosecutor Khan Ousted July 25
Trump’s State Department vows to dismantle the ICC brick by brick. The court votes to remove prosecutor Khan over misconduct. UK faces pressure as fourth-largest ICC donor.
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.
Education Minister Dharmendra Pradhan Resigns Over NEET Leak Protests
Education Minister Dharmendra Pradhan resigns after weeks of student protests over NEET paper leak. Cockroach Janta Party ends demonstrations following his departure on July 25, 2026.
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.
Singapore Airlines Warns of KrisFlyer Phishing Scam on July 21
Singapore Airlines warns customers of fraudulent KrisFlyer Anniversary Draw emails. SIA says it never requests passwords, OTPs, or payment to claim prizes. Delete suspicious emails immediately.
Wall Street Ends Volatile Week Mixed as Oil Retreats, Tariffs Loom July 25
S&P 500 flat, Nasdaq down 0.6% Friday as Brent crude drops 4% to $96, Trump tariffs hit 10-12.5%, and Fed rate hike odds jump to 30% next week.
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.