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  1. FTC Warns Companies To Stop Warranty Practices That Harm Consumers’ Right To Repair Federal Trade Commission staff sent warning letters to eight companies about their warranty practices that may be standing in the way of consumers’ right to repair products they have purchased. Read
  2. ADB, ENGIE SA Partner to Build 400 MW Solar Powerplant in Gujarat, India The Asian Development Bank (ADB) and the ENGIE group have signed a long-term local currency loan agreement to construct and operate a 400-megawatt solar photovoltaic power plant in Surendranagar District, Gujarat, India. Read
  3. Labour Party and Keir Starmer Win Landslide Victory over Rishi Sunak’s Conservatives in UK Exit polls late yesterday proved current UK Prime Minister Rishi Sunak was even more unpopular than most expected. Read
  4. New Imaging Technique Uses Earth’s Warped Surface to Reveal Rocky Interior Surface mapping technology such as GPS, radar and laser scanning have long been used to measure features on the Earth’s surface. Now, a new computational technique developed at The University of Texas at Austin is allowing scientists to use those technologies to look inside the planet. Read
  5. DOE Awards Contracts for the Sale of Northeast Gasoline Supply Reserve The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that contracts have been awarded for the sale and liquidation of 1 million barrels (42 million gallons) of gasoline in the Northeast Gasoline Supply Reserve (NGSR). Read
  6. Construction of A $9.5 Billion New Terminal One at JFK Airport Will Begin This Summer Construction of a $9.5 billion, world-class New Terminal One at JFK International Airport will move forward this summer now that financial and environmental approvals have been secured, including financial close for the first phase of the project. Read
  7. GSA Publishes Final Rule Adopting New Accessibility Guidelines The U.S. General Services Administration (GSA) announced a final rule amending the Federal Management Regulation to adopt the new accessibility guidelines issued by the Architectural and Transportation Barriers Compliance Board (Access Board). Read
  8. Indonesia to Apply 200% Tariffs on Imported Chinese Textiles as Domestic Business Crashes The largest economic power in Southeast Asia is about to unleash a wave of protectionist duties on imported goods from China. Read
  9. SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Program The Securities and Exchange Commission on July 02 charged Silvergate Capital Corporation, its former CEO Alan Lane, and former Chief Risk Officer (CRO) Kathleen Fraher with misleading investors about the strength of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program and the monitoring of crypto customers, including FTX, by Silvergate’s wholly owned subsidiary, Silvergate Bank. Read
  10. Atlantic Shores South Offshore Wind Energy Project Receives Approval Interior Department has now approved more than 13 gigawatts of offshore wind energy — enough to power nearly 5 million homes Read
  11. African Development Bank and Korea Customs Service Sign Aide Memoire to Boost Trade Facilitation in Africa The African Development Bank and the Korea Customs Service (KCS) have signed an Aide Memoire on Facilitation of Customs Reforms and Modernisation that will tap Korean customs expertise and systems to enhance Africa's trade processes, potentially increasing intra-continental commerce and supporting regional integration efforts. Read
  12. EIF and NATO Innovation Fund Join Forces to Release Private Capital for Warfare Innovation The European Investment Fund (EIF) and the NATO Innovation Fund (NIF) signed a Memorandum of Understanding (MoU) to cooperate in supporting the long-term growth of the defence, security, and resilience sectors across Europe. Read
  13. European Union Notifies Exit From Energy Charter Treaty And Puts An End To Intra-EU Arbitration Proceedings The EU has taken the final step to exit the Energy Charter Treaty (ECT), a multilateral trade and investment agreement applicable to the energy sector, which is not compatible with the EU's climate and energy goals under the European Green Deal and the Paris Agreement. Read
  14. Taiwan Study Shows Dengue Linked To Heightened Short- and Long-term Risk Of Depression Analysis of the medical records of nearly 50,000 people who experienced dengue fever in Taiwan suggests that this disease is associated with elevated short- and long-term risk of depression. Read
  15. Large U.S. Military Contracts Awarded on July 3, 2024 The U.S. Defense Department announced new major contracts awarded on July 3 Read
  16. India Must End Racial Discrimination Against Rohingya, Cease Forced Deportation UN Committee The UN Committee on the Elimination of Racial Discrimination (CERD) on Tuesday  called on India to end the arbitrary detention of Rohingya who fled Myanmar to India and refrain from forcible deportation and returns to Myanmar, where they would risk being subjected to serious human rights violations and abuses. Read
  17. FDA Finds Brominated Vegetable Oil No Longer Safe For Use In Food The Food and Drug Administration announced it is revoking the rule that allowed the use of brominated vegetable oil, or BVO, in food, because of concerns about the chemical’s health harms. Read
  18. European Commission Announces €1.2 Billion for Infrastructure and Entrepreneurship Support for the Western Balkans The European Commission announced the sixth investment package under the EU's Economic and Investment Plan for the Western Balkans that is expected to mobilise €1.2 billion in investments. Read
  19. Millennium Challenge Corporation Approves Grants For Partnerships in Belize And Sierra Leone The Millennium Challenge Corporation (MCC) Board of Directors approved compact grant investments in the energy and education sectors in Belize and in the energy sector in Sierra Leone. MCC investments are designed to spark economic growth, reduce global poverty, promote democracy, and directly benefit people in need. Read
  20. National Survey: Two-Thirds of Middle-Income Families Believe They are Falling Behind the Cost of Living Primerica, Inc., a major provider of financial services and products in the United States and Canada, released its Financial Security Monitor™ (FSM™) survey for the second quarter of 2024. Read
  21. EDAAnnounces Next Funding Round of $504 Million for 12 Tech Hubs Across America The U.S. Department of Commerce’s Economic Development Administration (EDA), announced another funding round of approximately $504 million in implementation grants to 12 Tech Hubs to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in regions across the United States. Read
  22. Diamond Industry Under Pressure Amid Slow Sales Diamond prices declined in June as sales dropped and inventories grew. Indian manufacturers reduced production, but sales fell at a sharper rate due to weak demand. This led to an oversupply and pressure to sell. Read
  23. Study Reveals New Factor Associated With The Risk Of Severe COVID-19 In People With Obesity By analyzing samples from obese non-diabetics, researchers found that high blood levels of saturated fatty acids cause pre-activation of innate immune cells that, when infected with SARS-CoV-2, produce elevated levels of inflammatory molecules. Read
  24. Large U.S. Military Contracts Awarded on July 2, 2024 The U.S. Defense Department announced new major contracts awarded on July 2 Read
  25. Scientists Probe Chilling Behavior Of Promising Solid-state Cooling Material A research team led by the Department of Energy’s Oak Ridge National Laboratory has bridged a knowledge gap in atomic-scale heat motion. This new understanding holds promise for enhancing materials to advance an emerging technology called solid-state cooling. Read