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The U.S. prioritizes Ukraine by reallocating arms, while tensions rise between Murdoch and Trump over Epstein ties, though a split seems unlikely. Meanwhile, Congress slashes $9B from public broadcasting and foreign aid.

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Company insolvencies fall in England and Wales, in ‘glimmer of relief’; Trump blasts Fed board – as it happened
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While company insolvencies in England and Wales dipped in June—offering a small sign of relief—experts warn that businesses are still facing serious challenges. David Hudson, a restructuring advisor, cautions that the economic environment remains "tough," suggesting this isn't a full turnaround yet. Meanwhile, the article also touches on Trump criticizing the Federal Reserve, adding another layer to the day's economic chatter.
Editor’s Note: A slight drop in insolvencies might look like good news, but it doesn’t mean companies are out of the woods. This story matters because it highlights the fragile state of businesses post-pandemic (or amid ongoing economic pressures), reminding us that recovery isn’t always a straight line. Plus, with political figures like Trump weighing in on central banking, it shows how economic policy stays tangled in broader debates.

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