Capital One has told a U.S. federal court that its decision to close more than 300 bank accounts linked to the Trump Organization in 2021 followed an internal anti-money laundering (AML) review rather than political considerations. The filing was made as the bank seeks dismissal of a lawsuit brought by the Trump Organization and Eric Trump, who allege they were unlawfully “debanked” because of their political affiliations.
टैग: Reuters
Iran Expands Pressure Campaign as Tensions With US Shift Toward Economic and Maritime Leverage
Iran is increasingly relying on economic and maritime pressure rather than direct military confrontation as it seeks to strengthen its position in its ongoing standoff with the United States, according to Gulf officials and analysts cited by Reuters. Instead of pursuing a decisive battlefield victory, Tehran is focusing on a strategy that raises the costs of the conflict for Washington, its regional partners and the global economy.
Two Firefighting Helicopters Collide in Greece as Deadly Wildfires Sweep Southern Europe
Two firefighters were killed after two firefighting helicopters collided while battling a massive wildfire in Greece on Sunday, as destructive blazes continued to scorch parts of southern Europe amid extreme heat, strong winds and prolonged drought.
Thousands Gather for Amsterdam WorldPride Canal Parade Under Tight Security After Berlin Attack
AMSTERDAM, August 1: Hundreds of thousands of people gathered along Amsterdam’s famous canals on Saturday as the city hosted the flagship Canal Parade of WorldPride 2026. The celebration combined colourful festivities with a strong message of solidarity, as organisers and participants said the event carried added significance following last week’s deadly attack at Berlin Pride.
Scott Bessent’s To-Do List Suggests Possible US Plan to Buy $5–10 Billion in Japanese Yen
A notepad belonging to US Treasury Secretary Scott Bessent has drawn attention after a Reuters photograph captured during a Cabinet meeting at Camp David appeared to show a handwritten reminder about purchasing between $5 billion and $10 billion worth of Japanese yen. The image surfaced as reports emerged that the US Treasury had alerted banks about a possible intervention in the currency market.
Australia Begins Legal Action Against Telegram Over Alleged Pro-Terror Content
Australia’s internet regulator has begun legal action against messaging platform Telegram over alleged failures to remove pro-terror content, including videos depicting terrorist executions and mass shootings. The eSafety Commissioner said the material remained accessible even after Telegram had been notified about it.