China misses GDP target as Iran turmoil hits trade
China's second-quarter GDP growth fell short of expectations, marking the first time it has missed its annual target since the Covid pandemic. The slowdown was exacerbated by global trade disruptions stemming from the Iran crisis and turmoil in the Strait of Hormuz. Both CNN and BBC reported growth figures well below forecasts, while SCMP noted the reading was the lowest since the end of 2022.
Beijing's ongoing strategy of building and revitalizing islands in the South China Sea has drawn international attention. Reports detail how China's man-made islands function as strategic control points in the disputed waters. Meanwhile, China Daily pushed back against what it described as foreign nations hyping up the issue, presenting China's position on its island development plans.
US President Donald Trump has escalated rhetoric against Iran, threatening to bomb bridges and power plants unless Tehran resumes nuclear talks. Reports also suggest Trump may be struggling to end the conflict, with a retreat over Hormuz tolls signaling difficulties. NPR and The Guardian covered renewed US threats to strike Iranian infrastructure, as the Strait of Hormuz standoff intensifies with both sides refusing to back down.
The US has reimposed a full blockade on Iranian ports after Tehran attacked commercial ships in the Strait of Hormuz. Iran appears to be preparing to test the blockade directly, while simultaneously threatening to halt all Middle East energy exports. AP News and Al Jazeera reported that both sides are now actively exchanging strikes, with the US launching additional military operations and Iran retaliating across the region.
Spain defeated France in the World Cup semi-final with a display of cohesive team play described by BBC as 'silky' football that 'flattened' the French side. Kylian Mbappe admitted his team kept finding themselves outnumbered on the pitch, lamenting the semi-final loss that ended France's title defense. Player ratings and tactical analysis highlighted how Spain's collective discipline overcame France's individual brilliance.