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Time:2026-07-01T14:49:19Z

Traditionalist Catholics defy Pope Leo XIV by consecrating ultra-conservative bishops in Switzerland, raising the specter of a schism. A series of powerful earthquakes devastates Venezuela, triggering a humanitarian crisis and public anger toward the government. Ukrainian drone strikes on Russian oil refineries cause a summer fuel crisis, forcing Moscow to import gasoline. Donald Trump has earned over $1 billion from cryptocurrency ventures since returning to the White House, setting a historical record for presidential income. An explosion in Monaco wounds Ukrainian billionaire Vadym Yermolaiev, drawing attention to his opaque business ties.

Traditionalists defy Pope, consecrate bishops in Switzerland

Traditionalists defy Pope, consecrate bishops in SwitzerlandA traditionalist Catholic sect has gone ahead with the consecration of ultra-conservative bishops in Switzerland despite direct pleas from Pope Leo XIV. The move has deepened fears of a schism within the Church as the breakaway group rejects the current papacy's authority. The consecration took place in a ceremony near Zurich, drawing thousands of followers. Church leaders now face the difficult choice of excommunicating the dissidents or seeking reconciliation.

Sources:
Defying Pope Leo XIV, traditionalists go ahead with bishop consecrations in Switzerland (AP News)
Fears of Catholic schism as defiant sect ordains ultra-conservative bishops (The Guardian)
Pope Leo pleads with ultra-conservative sect not to ordain own bishops (The Guardian)

Deadly earthquakes push Venezuela into humanitarian crisis

Deadly earthquakes push Venezuela into humanitarian crisisA series of powerful earthquakes has devastated parts of Venezuela, killing thousands and leaving many buried in the rubble. Rescue efforts are ongoing, but attention is increasingly shifting to the humanitarian crisis unfolding in the affected regions. Survivors blame the government for inadequate preparedness and a slow response. The disaster poses a major test for the U.S.-backed administration in Caracas.

Sources:
Venezuelans search more earthquake ruins as attention turns to humanitarian crisis (AP News)
‘When I turned around, nothing was left’: One father's search for family after Venezuela quakes (BBC)
Venezuelans deported from the U.S. were killed hours later in powerful quakes (NPR)
As Venezuelans struggle to find earthquake survivors, many blame the government (NPR)
Venezuela's deadly quakes put its U.S.-backed government to the test (NPR)

Ukrainian drone strikes trigger Russian fuel crisis

Ukrainian drone strikes trigger Russian fuel crisisUkraine has intensified drone attacks on Russian oil refineries and fuel supply routes, disrupting domestic gasoline production. The strikes have plunged Russia into a summer fuel crisis, forcing the government to import gasoline for the first time in years. The attacks are part of a broader Ukrainian strategy to target Russian energy infrastructure. Analysts say the fuel shortages are beginning to affect daily life and morale inside Russia.

Sources:
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis (AP News)
Russia moves to import fuel, showing the depth of its gasoline crisis (CBC)
Ukraine keeps striking Russian refineries and supply routes. How close is the country to an energy crisis? (CBC)
Ukraine launches drone offensive in Crimea and inside Russia, where fuel shortages are taking a toll (CBC)

Trump earned over $1 billion from crypto since returning to office

Trump earned over $1 billion from crypto since returning to officeDonald Trump has made more than $1 billion from cryptocurrency businesses since returning to the White House, according to federal filings. Combined with other ventures, his total earnings since reclaiming the presidency exceed $2 billion — an income stream unrivaled in U.S. presidential history. His crypto-related holdings include stake in a digital asset platform and NFT collections. The disclosures have reignited debate over conflicts of interest and presidential ethics.

Sources:
Trump made more than $1bn from crypto in first year back in office (BBC)
Trump Pulled In at Least $2 Billion After Returning to the White House (NYT)
Trump’s Moneymaking Run Is Unrivaled in Presidential History (NYT)
Trump's crypto businesses took in about $1.2B US last year, federal filing shows (CBC)

Monaco explosion wounds Ukrainian tycoon with Russia ties

Monaco explosion wounds Ukrainian tycoon with Russia tiesAn explosion in Monaco has wounded Ukrainian billionaire Vadym Yermolaiev, who has reported ties to both Ukraine and Russia. The blast injured three people and has drawn international attention given Yermolaiev's opaque business dealings and political connections. Investigators are probing whether the explosion was a targeted attack. The incident highlights ongoing tensions surrounding Ukrainian oligarchs with cross-border interests.

Sources:
Who is the Ukrainian tycoon at the center of mysterious Monaco bombing? (CNN)
Explosion in Monaco reportedly wounds Ukrainian tycoon with ties to Russia (AP News)
Who is Vadym Yermolaiev, the Ukrainian tycoon injured in Monaco blast? (Al Jazeera)
Explosion in Monaco injures 3, including Ukrainian tycoon (NPR)