TL;DRThe EU has fined Google 890 million euros under the Digital Markets Act. Critics note that such fines are factored into Google's annual revenue of 400 billion dollars.
TL;DRUS President Trump threatened a military response following attacks by the Houthi militia on Saudi oil tankers in the Red Sea. The Houthi militia carried out attacks on Saudi oil tankers.
TL;DRExperts report a partial improvement in the food supply in the Gaza Strip since the ceasefire between Israel and Hamas began. However, the supply remains insufficient.
TL;DRThe European Central Bank has decided to keep key interest rates in the eurozone unchanged for the time being. This decision comes despite ongoing high energy prices.
IT & InternetCompanies & MarketsArtificial Intelligence
TL;DRGoogle's parent company, Alphabet, reported a negative free cash flow despite record profits and growth in its cloud division. This is attributed to significant investments in expanding its AI infrastructure.
TL;DRUS President Trump is conditioning a nuclear agreement with Saudi Arabia on Riyadh joining the Abraham Accords to normalize relations with Israel. Additionally, Saudi Arabia must guarantee that the nuclear program will not be used for military purposes.
TL;DRThe European Central Bank has decided not to change its key interest rate, with the deposit rate remaining at 2.25 percent. A further interest rate hike in September is considered possible.
TL;DRRussia's Duma has approved legislation allowing for the freezing of assets, confiscation of property, and suspension of consular services for Russians living abroad. Legal experts suggest this could effectively strip affected individuals, particularly activists and journalists, of their citizenship.
TL;DRThe 125 member states of the International Criminal Court will vote on the future of the suspended Chief Prosecutor. Allegations of abuse of power preceded this decision.
TL;DRAccording to Russian statements, no swift agreement to end the Ukraine war is in sight. The prospect of early peace talks with Kyiv is being downplayed.
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