Canada Announces Historic $100 Billion Submarine Purchase Plan

Canada has selected Germany’s ThyssenKrupp Marine Systems as the preferred supplier for its largest-ever defense procurement, planning to buy up to 12 new submarines worth up to 100 billion Canadian dollars. The deal aims to replace aging Victoria-class subs and boost Arctic and coastal defense capabilities.

US Revokes Authorization for Iran’s Oil Sales and Exports

The U.S. Treasury’s Office of Foreign Assets Control revoked a 60-day license for Iran’s oil production, delivery, and sales. Iran’s Foreign Ministry condemned the move, calling it a violation of the Islamabad Memorandum and warning that Washington must bear the consequences.

US-Mexico-Canada Trade Pact in Limbo: How Will North America Do Business Now?

The US refusal to renew the USMCA as-is triggers annual reviews, creating uncertainty for North America’s $2 trillion trade. Supply chains face new compliance costs, potential tariff hikes, and a “patchwork” of rules. Auto, agriculture, and manufacturing sectors brace for long-term instability, with experts warning of higher prices for US consumers.

Le Pen Verdict Shakes Up French Presidential Election

France’s appeals court ruled Marine Le Pen guilty of embezzlement, cutting her ban from public office to 45 months—meaning she can run in 2027 but must wear an electronic tag. The decision casts a shadow over her 2027 presidential bid, with polls showing far-right leading the first round.

Trump Wants to Resume F-35 Sales to Turkey, Netanyahu Urges: Don’t Do It!

At the NATO summit, Trump signaled a potential shift in US-Turkey defense relations by considering lifting sanctions and restarting F-35 sales. Hours later, Israeli PM Netanyahu publicly warned against the move, arguing it would destabilize the Middle East and accusing Turkey of being a hostile force under an ideology of genocide and occupation.

US Central Command Launches Major Strikes on Iran: “A Heavy Price to Pay”

On July 7, the US Central Command announced a series of powerful strikes against Iran, targeting commercial shipping in international waters. The strikes are a direct response to Iran’s attacks on three merchant vessels in the Strait of Hormuz, which the US calls “dangerous and unjustified.” Meanwhile, Iran dismissed Trump’s threats as “out of touch with reality” and demands respectful dialogue.

Japan Begins New Round of Discharging Nuclear-Contaminated Water

Japan has launched another phase of releasing treated nuclear-contaminated water from the Fukushima Daiichi plant into the Pacific Ocean. This move has sparked renewed international debate over environmental safety, marine life impact, and regional transparency concerns. We break down the latest developments and what they mean for global ocean health.

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