Situation Reports

A U.S. judge ordered Argentina to give up its 51% stake in oil and gas company YPF as a partial payment in a $16.1 billion trial, La Nacion reported June 30.

The U.S. Department of Justice announced on June 30 two indictments, an arrest and the seizure of hundreds of financial accounts, fraudulent websites and laptops linked to North Korea’s fraudulent IT worker schemes at U.S. companies.

Republican senators struck down a controversial tax on solar and wind projects in the final version of their tax and spending megabill, which passed on July 1, Axios reported the same day.

Thailand's Constitutional Court suspended Prime Minister Paetongtarn Shinawatra from office while it reviews a petition alleging she violated the constitution by consulting with foreign leaders, The Nation Thailand reported on July 1.

U.S. President Donald Trump imposed stricter policies on Cuba and reversed measures former President Joe Biden adopted that relaxed sanctions on the communist island, Reuters reported June 30.

An Iranian-linked threat group that previously hacked U.S. President Donald Trump's 2024 campaign is now threatening to release another trove of emails from his associates, including White House chief of staff Susie Wiles and personal advisor Roger Stone, Reuters reported June 30.

South Korean President Lee Jae-myung on July 1 said that liquidity being pumped into the housing sector was fueling speculation and causing instability in the sector, Yonhap reported the same day.

The European Commission said it received a U.S. proposal outlining potential cooperation on tariff reductions, trade barriers and strategic sectors, though specific terms and tariff rates were not disclosed, Bloomberg reported on June 30.

Azerbaijani police raided the offices of Russia's state-funded news outlet Sputnik in Baku and arrested an undisclosed number of the network's workers over the outlet's continued operation after the revocation of its accreditation in February, AP reported on June 30.

The U.S. Senate removed a controversial moratorium on state-level artificial intelligence regulations from the Republicans' tax cut and spending "megabill" in a 99-1 vote after a compromise deal on the text fell apart, Politico reported on July 1.