Gold Prices Fall as Trump Signals Trade Progress and Tariff Reprieves
Gold prices declined Monday after President Donald Trump announced progress on several trade deals and extended tariff reprieves for multiple countries. The easing of trade tensions reduced investor demand for gold as a safe-haven asset, leading to a dip in global bullion markets.
Trump Dismisses Elon Musk’s New Party as ‘Ridiculous’
President Donald Trump slammed Elon Musk’s plan to launch the “America Party,” calling it “ridiculous.” The comment marks the latest in a series of public clashes between the two former allies, intensifying tensions ahead of the 2026 midterm elections.
Texas Floods Death Toll Rises to 78, Including 28 Children
At least 78 people, including 28 children, have died in the catastrophic Texas floods. Search efforts continue for missing girls from a summer camp. Authorities have evacuated volunteer responders amid rising fears of further flooding, as emergency teams race against time to prevent more tragedy.
US Nears Trade Deals, Plans Higher Tariffs by July 9, Says Trump
President Donald Trump announced that the United States is close to finalizing multiple trade agreements and will notify countries of increased tariffs by July 9. He also warned that BRIC nations might face additional levies under a new trade policy, signaling a tougher stance on global trade.
Heatwave Hits Athens: Temperatures Soar to 104°F Near Acropolis
Residents and tourists near Athens’ Acropolis are struggling to cope with a severe heatwave, as temperatures reach approximately 104°F (40°C). Authorities urge caution and recommend staying hydrated while relief measures are being implemented to protect vulnerable populations from the intense heat.
Dalai Lama Turns 90, Sparks Tensions with China Over Succession
Global leaders and followers celebrated the Dalai Lama’s 90th birthday, honoring his legacy of peace. The Tibetan spiritual leader outlined a new succession process, raising concerns in Beijing. China opposes any succession plan not under its control, setting the stage for renewed geopolitical tensions.
Over 20 Children Dead in Central Texas Flash Floods
Authorities confirmed that more than 20 children are among the dozens killed in devastating flash floods across central Texas. Rescue teams continue to search for the missing as the death toll rises. Officials call the disaster one of the deadliest weather events in recent Texas history.
Texas Governor Calls Flood Aftermath ‘Horrific’ at Camp Mystic
Texas Governor Greg Abbott described the scene at Camp Mystic after deadly flash floods as “nothing short of horrific.” He assured the public that authorities are “100% dedicated” to locating “every single one” of the missing children. Search and rescue operations are continuing in full force.
Elon Musk Launches ‘America Party’ Ahead of 2026 Elections
Billionaire Elon Musk has unveiled his “America Party” to challenge the U.S. “one-party system,” vowing to influence key legislation. Once an ally of President Trump, Musk criticized Trump’s spending bill, sparking a public rift. The new party aims to shake up the 2026 midterm elections.
President Trump Plans Texas Visit After Flash Flooding
President Donald Trump announced he will “probably” visit Texas on Friday following devastating flash floods in the state. He stated, “I would have done it today, but we’d just be in their way,” emphasizing his support while allowing rescue efforts to continue without disruption.