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1. Russians withdraw billions from banks
In response to fears that the Kremlin may seize deposits to fund the war in Ukraine, Russians are withdrawing billions from banks. This mass withdrawal is creating liquidity issues for financial institutions and complicating the government’s efforts to issue bonds for military financing.
2. Major drug bust in San Diego
U.S. Customs and Border Protection in San Diego has seized $67 million worth of illegal drugs as part of a July operation. Authorities discovered an underground tunnel connecting Tijuana and San Diego, which was likely used for trafficking drugs, weapons, and people across the border.
3. Ukraine launches drone assault on Moscow
In a significant escalation of the conflict, Ukraine has launched over 600 drones targeting the Moscow region. The early morning attack resulted in injuries to at least three individuals, including a child, while Russian forces continue their offensive in the Kharkiv region.
4. Rome experiments with night tourism
To combat heatwaves and daytime crowding, Rome is testing a new tourism strategy by opening its historic sites at night. This initiative allows visitors to explore museums, parks, and monuments after dark, aiming to enhance the overall tourist experience in the Italian capital.
5. Greece struggles with brain drain
Greece’s efforts to reverse the brain drain of its scientists are faltering, according to experts. Professor Aristides Hatzis noted that while research was prioritized during the financial crisis, current investments in this area have dwindled, leaving the country at a disadvantage in retaining talent.
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6. A U.S. Navy destroyer experienced a significant power loss while operating in the South China Sea last month, leaving the crew without access to drinkable water, running toilets, and air conditioning for four days. This incident highlights the increasing strain on naval resources amid heightened military activity in the region.
7. President Donald Trump announced on Monday that North Korean leader Kim Jong Un has responded to his overtures, following a directive to reduce U.S. military exercises with South Korea. Trump expressed optimism about the dialogue, indicating that Kim’s response could pave the way for improved relations.
8. In a controversial statement, President Trump threatened to bomb Oman if it interferes with U.S. interests during ongoing negotiations between Iran and Oman regarding the Strait of Hormuz. This remark underscores the tense geopolitical climate in the region as the U.S. navigates its foreign policy challenges.
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A new generation of Catalans is striving to rekindle the independence movement nearly a decade after the controversial referendum that sparked violent confrontations. Young people in Catalonia are determined to continue advocating for their cultural identity and political autonomy, despite the lack of progress in their demands. ENTR recently visited the region to explore the motivations and aspirations of these youth who are committed to preserving their heritage.
In a significant development, Russia has announced the cancellation of its major Red Square military jamboree, originally scheduled for this year, due to ongoing drone attacks. The Spasskaya Tower festival, which once featured military bands from several countries, has seen a decline in international participation since the onset of the Ukraine conflict in 2022. Organizers have stated that the event will be postponed until 2027, citing circumstances beyond their control.
Turning to the weather. In Riga, 15 to 18 degrees with overcast low. In London, 18 to 25 degrees with overcast feels like. In Paris, 19 to 28 degrees with overcast low. In Brussels, 16 to 19 degrees with patchy rain possible feels like. In Berlin, 12 to 21 degrees with overcast feels like. In Stockholm, 13 to 20 degrees with sunny feels like. In Madrid, 24 to 35 degrees with sunny feels like.
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