Skyrocketing food costs disproportionately impact African countries, according to a recent report.

In the world of politics and economics, events are unfolding at a rapid pace. Here's a roundup of some of the most significant developments from around the globe:

US Strikes Vessel off Venezuela

The US military conducted a strike on a vessel off the coast of Venezuela, killing 11 people. Officials claimed the vessel was carrying illegal narcotics.

White House Plans to Expand National Guard Deployments

The White House has announced plans to expand National Guard deployments to Democrat-run cities. The exact details of this expansion are yet to be revealed.

Guyana's President Secures Second Term

Guyana's President Irfaan Ali has secured a second term after his party won an election that could determine the future of the world's newest petrostate.

Google Avoids Severe Consequences for Online Search Monopoly

Google has managed to avoid the most severe consequences for its search business nearly one year after a federal court ruled it held an illegal monopoly over the online search market.

Promising Cancer Breakthroughs

Scientists are hailing promising breakthroughs in the fight against cancer, with one new therapy appearing to kill tumors without damaging healthy flesh.

China's Military Parade Showcases AI-Enabled Weapons

China's military parade in Beijing showcased its AI-enabled weapons, demonstrating its technological advancements in the defense sector.

Florida to Drop Vaccination Requirements

The US state of Florida is planning to drop all vaccination requirements, including routine childhood shots for measles, diphtheria, and other life-threatening illnesses.

EU Considering New Trade Deals with Latin America

The European Union is considering new trade deals with Latin America, aiming to regain the initiative after making excessive concessions in an agreement with the US.

Paige Bruton Mentioned in Article

[Details about Paige Bruton's involvement in the news are not provided.]

Job Cuts at Glencore's South African Plants

Glencore is planning job cuts at its ferrochrome and vanadium plants in South Africa amid rising economic pressures.

Russia's Aerial Assault on Ukraine

Russia continued its aerial assault on Ukraine, with 526 drones used overnight, marking a further escalation of the conflict.

Trump Family's Cryptocurrency Venture Generates Estimated $5 Billion

The Trump family's cryptocurrency venture generated an estimated $5 billion in paper windfall after its trading debut.

China's Military Parade: A Show of Strength

China's military parade in Beijing was a major show of strength, with Russian President Vladimir Putin attending along with more than 20 other heads of state and government, including North Korea's Kim Jong Un and Myanmar's military leader Min Aung Hlaing.

Syria Exports First Official Crude Oil Shipment in a Decade

Syria recently exported its first official crude oil shipment since 2010, marking the return of a key driver of its economy.

Kyiv's Allies Pledge Military Backing

Kyiv's allies pledged military backing ahead of talks with US President Donald Trump.

African Countries' Presence Reduced at Beijing's Military Parade

Africa appeared to have a reduced presence compared with a decade ago at the military parade in Beijing.

Protests in Kenya, Uganda, and Nigeria Connected to Rising Cost of Living

Deadly protests in Kenya, Uganda, and Nigeria last year were connected to the rising cost of living.

Food Prices Rise Sharply in African Countries

The UN report shows that food prices have risen sharply in African countries due to the COVID-19 pandemic and Russia's invasion of Ukraine, elevating the price of fertilizer imports.

Federal Judge Rules Against Trump's Deployment of National Guard

A federal judge ruled that US President Donald Trump's deployment of the National Guard to California to quell protests over immigration raids in June, violated the Posse Comitatus Act.

Long-Dated Government Bonds Worldwide Tumble

Long-dated government bonds worldwide tumbled on growing fears of excessive government spending, rising inflation, and political instability.

Inflation Peaks in Zimbabwe and Sudan

In both Zimbabwe and Sudan, year-on-year inflation peaked at more than 350%.

Nigeria Awards Offshore Oil Blocks to TotalEnergies

Nigeria's state oil company NNPC awarded two offshore oil blocks to TotalEnergies.

China Declares Its Rise to be "Unstoppable"

Chinese leader Xi Jinping declared China's rise to be "unstoppable" during a military parade, marking 80 years since the end of World War II.

African Export-Import Bank's Assets Rise

The African Export-Import Bank's total assets and contingencies rose in the first half of 2025 by 22% year-on-year to $42.2 billion.

Brazil's Supreme Court to Hear Former President Bolsonaro's Trial

Brazil's Supreme Court will begin hearing closing arguments in the trial of former President Jair Bolsonaro, who is accused of orchestrating a coup to stay in power.

Cheap Generic Drug Linked to Increasing Lifespans

A cheap generic drug linked to increasing lifespans may work by protecting against DNA damage, research suggested.

Protests in Los Angeles Not a Rebellion

Contrary to some reports, protests that occurred in Los Angeles were not a rebellion.

US Announces Lethal Strike on Venezuelan Vessel

US President Donald Trump announced a lethal strike on a Venezuelan vessel in the Caribbean, targeting alleged "narcoterrorists".

Skyrocketing food costs disproportionately impact African countries, according to a recent report.