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Germany Urges Trump to Invite South Africa to 2026 G20 Summit

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Germany said on Thursday it would work to convince U.S. President Donald Trump to reverse his decision to exclude South Africa from next year’s G20 summit in Florida. Trump has repeatedly accused South Africa’s black-majority government of mistreating its white population, citing widely debunked claims of attacks on white farmers. These assertions led Washington to boycott the recent G20 summit in Johannesburg, despite the group adopting a joint declaration on climate and global challenges.

South African President Cyril Ramaphosa’s office said several G20 members had privately expressed support for Pretoria after Trump’s comments. German Chancellor Friedrich Merz publicly stated he would lobby Trump to extend an invitation to South Africa, stressing that G20 and G7 forums should not be reduced without solid justification. South Africa, however, said it would not campaign for backing from individual countries, noting the delicate diplomatic position many face with the United States.

Trump’s criticism intensified after he claimed South Africa mishandled the handover of the G20 presidency—an allegation Pretoria denies, saying the U.S. delegation was not present at the time. Although it is unclear how the U.S. could formally block South Africa’s participation, experts suggest visa denials could be one tactic. The dispute adds fresh strain to already tense U.S.–South Africa trade negotiations, which have been affected by new U.S. tariffs and cuts to financial assistance earlier this year.

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Rubio Calls Geneva Talks on Ukraine Peace Plan the ‘Best Meeting So Far’

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U.S. Secretary of State Marco Rubio said that closed-door peace discussions in Geneva on Sunday marked major progress towards a draft U.S. proposal aimed at ending the war in Ukraine. Speaking to reporters after meeting a Ukrainian delegation, Rubio described the session as the most productive since the administration took office, calling it “probably the best meeting and day we’ve had so far in this entire process.”

The talks are ongoing in Geneva and involve collaborative efforts to refine joint proposals, with participation expected from European partners. Andriy Yermak, Chief of Staff to Ukrainian President Volodymyr Zelenskiy, called the discussions “very productive,” confirming that another round of meetings would continue later on the same day. He expressed appreciation for U.S. support and diplomatic engagement.

Yermak publicly thanked the United States and President Donald Trump for their commitment to pursuing peace, echoing Zelenskiy’s earlier message of gratitude. The acknowledgment followed recent comments by Trump on social media suggesting Kyiv had shown insufficient appreciation for U.S. assistance. Both sides signaled optimism about advancing negotiations that could shape the next phase of diplomatic efforts.

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Pope Leo Urges U.S. Youth: Use AI Wisely, Not for Homework

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Pope Leo has advised American students to avoid using artificial intelligence to complete their homework, saying it should be used as a tool for personal growth rather than a shortcut. Speaking via live video from the Vatican to about 15,000 young people gathered at a Catholic youth conference in Indianapolis, the pope said AI is rapidly becoming a defining force in society, but should be used responsibly and in ways that build knowledge, not replace effort.

In the 40-minute dialogue, Leo — the first U.S.-born pope — answered questions about faith, friendships, and personal development. He urged the young audience to make real connections and rely on human relationships over digital replacements.

Pope Leo also briefly touched on U.S. politics, reiterating his call for compassion in immigration debates. Criticizing divisive rhetoric, he emphasized that Christians should be “bridge builders rather than wall builders” and reminded listeners that the Church is not bound to any political party but is meant to guide conscience and promote wisdom and love.

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Trump Grants Hungary One-Year Exemption from Russian Energy Sanctions

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President Donald Trump has granted Hungary a one-year exemption from US sanctions on Russian oil and gas imports, marking a diplomatic win for Hungarian Prime Minister Viktor Orban. The decision, confirmed by a White House official, follows Orban’s visit to Washington, where he argued that his landlocked nation faced severe energy supply challenges without Russian imports. Trump acknowledged Hungary’s unique position and noted the difficulty of finding alternative sources of oil and gas.

The exemption comes just weeks after the US imposed harsh sanctions on major Russian energy companies, warning of penalties for nations continuing trade with them. As part of the deal, Hungary agreed to purchase several hundred million dollars’ worth of US natural gas, though the arrangement is expected to unsettle many European capitals critical of Orban’s pro-Russia stance. The move underscores the close personal and political ties between Trump and Orban, who share similar right-wing populist views.

During their meeting, the two leaders also discussed the ongoing war in Ukraine, with Trump hinting at future peace talks involving Russian President Vladimir Putin. Orban reiterated his belief that Ukraine cannot win the conflict without a “miracle,” arguing that only the United States and Hungary genuinely seek peace. Despite tensions with the European Union, Trump praised Orban as a strong and pragmatic leader and urged Europe to accord him greater respect.

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Russia Dismisses Trump’s Warning of Economic Collapse Amid Gasoline Shortage Reports

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One of Russian President Vladimir Putin’s top economic officials has rejected U.S. President Donald Trump’s claims that Russia’s economy is on the brink of collapse. Trump, in remarks on Tuesday, said Russia faced “long lines waiting for gasoline” and urged Putin to end the war in Ukraine, which he said was making Russia “look bad.” In response, Deputy Prime Minister Alexander Novak said Russia’s domestic fuel supply remains stable, with a balance maintained between production and consumption.

Speaking at an energy conference in Moscow, Novak emphasized that the government was taking all necessary steps to ensure continued stability in the domestic market. “We have a stable domestic market supply, we see no problems in this regard,” he said, countering Western reports of shortages. Russia’s economy, however, has shown signs of slowing, with GDP growth forecasted at 1% for 2025, compared to over 4% in the past two years.

Recent gasoline shortages in some peripheral regions were attributed to high interest rates deterring winter stockpiling and Ukrainian drone attacks that damaged refinery capacity. The Kremlin has since prioritized fuel distribution to affected areas, maintaining that the economy is deliberately cooling to prevent overheating. Moscow insists its economy has adapted to Western sanctions, while Western analysts argue that rising pressure could eventually strain Russian society and force policy shifts over the prolonged Ukraine conflict.

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Starmer Secures Record U.S. Investment as Trump Makes Historic UK Visit

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British Prime Minister Keir Starmer’s high-risk gamble of extending Donald Trump an unprecedented second state visit appears to have paid off, with the former U.S. president announcing £150 billion ($203 billion) of corporate investment in the UK’s technology, finance, and energy sectors. The move provided Starmer with a much-needed political boost after weeks of domestic challenges and showcased his ability to manage a mercurial Trump without public fallout.

The centrepiece of the visit was a commitment from U.S. giants, including private equity firm Blackstone pledging £100 billion over the next decade and Microsoft announcing a £22 billion investment. Trump, determined to secure America’s lead in the global AI race against China, pushed for Britain to align closely with U.S. firms in developing AI infrastructure. “We’re committed to ensuring that the UK has a secure and reliable supply of the best AI, hardware and software on Earth,” Trump said during a joint press event.

While the deal was hailed as a landmark win for Britain’s economy, critics warned it risks leaving the UK dependent on U.S. technology and vulnerable to Trump’s unpredictable politics. Analysts argued that heavy reliance on U.S. infrastructure could undermine Britain’s leverage with both Washington and Brussels, its largest trading partner. Still, observers noted Starmer’s diplomatic finesse had won Britain favourable treatment from Trump compared to other countries, with the former president praising him: “I just want to thank you, Mr Prime Minister, for the great job I think you’re doing.”

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Lavrov Praises Constructive U.S. Stance on Ukraine After Alaska Summit

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Russian Foreign Minister Sergei Lavrov said on Tuesday that U.S. President Donald Trump and his administration showed a sincere desire to achieve a long-term and sustainable peace in Ukraine during last week’s U.S.-Russia summit in Alaska. Lavrov described the atmosphere at the meeting between Trump and President Vladimir Putin as “very good.”

Speaking to Rossiya 24 state television, Lavrov emphasized that the U.S. leadership appeared genuinely committed to finding a “reliable and lasting” solution to the conflict. He contrasted this with Europe’s approach, noting that some European leaders, who attended an extraordinary White House summit with Trump and Ukrainian President Volodymyr Zelenskiy on Monday, focused only on securing a cease-fire while continuing military support to Kyiv.

Lavrov suggested that Washington’s stance could open the door to more constructive negotiations, while Europe’s insistence on arming Ukraine risked prolonging tensions. His remarks underscore Russia’s effort to highlight differences in Western strategies on the Ukraine conflict as Moscow continues to seek leverage in international diplomacy.

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Trump-Putin Alaska Summit Ends Without Breakthrough on Ukraine

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A highly anticipated summit between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska on Friday concluded without any agreement to pause or resolve Moscow’s war in Ukraine. The nearly three-hour meeting, described by both leaders as “productive,” offered few details, and neither leader took questions from the press. Trump, standing before a backdrop reading “Pursuing Peace,” said the talks made “some headway” but acknowledged unresolved issues.

Market watchers and analysts noted that while the summit signaled diplomatic engagement, it produced no concrete commitments. Helima Croft of RBC Capital Markets said the outcome fell short of easing European sanctions, while Carol Schleif of BMO Private Wealth called it “absolutely no news” in terms of market impact. Others, like Comerica’s Eric Teal, highlighted potential opportunities in the energy sector given the absence of new sanctions on Russian oil.

Analysts also emphasized the symbolic significance of the meeting. Eugene Epstein of Moneycorp noted it as a “first step” toward future dialogue, while Tom Di Galoma of Mischler Financial suggested groundwork may have been laid for a potential three-way summit with Ukrainian President Volodymyr Zelenskiy. Still, with no tangible outcome, experts believe the talks will be seen as maintaining the status quo, leaving markets and geopolitics largely unchanged for now.

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Switzerland Moves to Revise U.S. Trade Offer Amid Threat of Heavy Tariffs

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Switzerland is preparing to revise its trade offer to the United States after President Donald Trump announced a steep 39% tariff on Swiss imports, one of the highest in his global trade reset. Business Minister Guy Parmelin said the government would act quickly ahead of the August 7 implementation date, with the cabinet set to hold a special meeting on Monday. Parmelin indicated that options under consideration include increased Swiss purchases of U.S. liquefied natural gas (LNG) and further investments in the U.S., Switzerland’s largest export market for pharmaceuticals, watches, and machinery.

The move follows reports of a tense but non-confrontational call between Swiss President Karin Keller-Sutter and Trump, in which the U.S. leader rejected the idea of a lower 10% tariff. Swiss officials stressed they are in close contact with Washington and open to sending top representatives to the U.S. to negotiate. Parmelin said understanding U.S. expectations would be key to forming a basis for continued talks. Industry associations have warned the tariffs could put tens of thousands of Swiss jobs at risk, particularly in export-oriented sectors.

Economists warn that the tariff hike could significantly slow Switzerland’s economy, with Hans Gersbach of ETH Zurich estimating a 0.3% to 0.6% GDP drop, rising above 0.7% if pharmaceuticals are included. Prolonged trade disruptions could lead to a recession, he said. Financial analysts at Nomura predict the Swiss National Bank may cut its policy rate by 25 basis points to -0.25% in September to counter deflationary pressures. Swiss shares are expected to feel the impact when markets reopen after the National Day holiday.

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Merz Secures Coalition with SPD Amid Trade War Fears and Rising AfD Support

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German conservative leader Friedrich Merz has successfully formed a coalition government with the centre-left Social Democrats (SPD), aiming to revitalize the country’s sluggish economy amid growing global trade tensions. After weeks of negotiation following February’s inconclusive election, the deal was announced Wednesday, just as fears of a global recession mount due to escalating tariffs triggered by U.S. President Donald Trump. At a press conference, Merz declared “Germany is back on track,” pledging tax cuts, increased defence spending, and a push to strengthen the electric vehicle industry.

The coalition agreement outlines major economic reforms, including lowering energy prices, scrapping a controversial supply chain law, and revisiting Germany’s strict “debt brake” policy. It also signals a harder stance on migration, with plans to restrict asylum processes and introduce voluntary military service. While Merz emphasized unity within the EU as a key to navigating global trade disputes, the coalition aims for a future transatlantic free trade deal. The CDU will control the chancellery, foreign, and economy ministries, while the SPD is expected to lead finance and defence, potentially retaining Boris Pistorius as defence minister.

However, the new government faces immediate challenges, as the far-right Alternative for Germany (AfD) has overtaken Merz’s conservatives in the latest Ipsos poll with 25% support. Despite Merz’s push for a borrowing-driven investment plan to boost infrastructure and defence, critics argue it undermines fiscal discipline. Economists warn that swift implementation of agreed policies is vital to cushioning Germany’s export-heavy economy from further trade shocks and averting a third straight year of recession.

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