South Korea's retail investors, long known for risk-taking, were hit by a sharp July reversal: the KOSPI plunged 22% for its largest monthly drop since the global financial crisis, and despite an 18% rebound on Friday retail investors registered reco

1. Trump Orders New Attacks on Iran —According to the Wall Street Journal, US officials say Trump has ordered a new attack on Iran, aiming to force Tehran to surrender. The operation could begin as early as this weekend and last for several days. 2. Continues to Claim the War is “Going Well”—In an interview with Fox News, Trump stated that Washington and Israel’s strikes against Iran are “going well,” and that the US military is conducting “fierce strikes” against Iran. 3. Expresses Growing Distrust of Iran —During a cabinet meeting, US President Trump stated that an agreement could be reached, involving Vitkov, Kushner, Vance, and Rubio. However, he expressed growing distrust of the Iranians because they are lying. 4. US Government Collaborates with Japanese Authorities to Buy Yen —A “to-do list” from US Treasury Secretary Bessenter’s notebook, which appeared during a cabinet meeting at Camp David on Friday, was leaked, showing the purchase of “$5-10 billion in yen.” According to the Financial Times, the US Treasury intervened in the yen's exchange rate on Friday, marking the first time in nearly 30 years that the US and Japan have jointly supported the yen through direct purchases. 5. Denies Allowing Ukraine to Produce Patriot Interceptor Missiles – Trump stated that the US has not agreed to allow Ukraine to produce Patriot air defense system interceptor missiles, and that the US "must be very careful" on allowing other countries to manufacture such weapons. 6. Praises Israel on Hamas – Trump stated that the US and Israel have reached a "consensus" on Hamas's disarmament plan, and said that Israel has "done a very good job" in this regard. 7. Approval Rating Drops to Lowest Point – Due to the ongoing unpopular war with Iran and soaring gasoline prices, President Trump's approval rating this month has fallen to a new low since his second term. According to Decision Desk HQ polling averages, as of Friday morning, Trump's overall average approval rating was 40.6%, and his average disapproval rating was 57.5%.

Spain has installed a 500-meter floating barrier in the waters off Ceuta after a mass migration crisis in Morocco killed at least 67 people.