SK Group Chairman to pay $640M for divorce, Trump's new forced labor tariffs, Trump threatens "massive attack" on Iran, Argentina labor protest, wildfires in Europe, Ukraine strikes Wildberries

The Trump administration has enacted new 10% and 12.5% tariffs on 60 trading partners, legally justified by their alleged failure to properly prohibit or enforce bans on forced labor imports. US President Donald Trump is nearing a decision on an unprecedented "massive attack" on Iran, telling reporters the U.S. is "all set" for operations "bigger than ever before". Two Chinese supertankers carrying four million barrels of Saudi Arabian crude oil safely exited the Red Sea through the Bab el-Mandeb strait. An FDA advisory committee broke with career agency scientists on July 23, 2026, voting to recommend loosening restrictions on four controversial wellness peptides popular online. The panel's recommendation targets BPC-157, KPV, TB-500, and MOTS-c, paving the way for them to be added to the approved list of bulk substances that compounding pharmacies can legally manufacture and sell. France and Spain struggle with wildfires. A South Korean court has ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won ($640 million) in an updated divorce asset division ruling. China's semiconductor "twin stars"—ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC)—have shattered the decades-long "Big Three" oligopoly: Samsung, SK Hynix, and Micron. At least three people were wounded on Friday morning after a wave of Ukrainian drone strikes ignited massive fires at logistics hubs near Saint Petersburg. Bangladesh President Mohammed Shahabuddin will officially resign from office.