On the morning of July 11 the Office of the National Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management convened joint meetings with the China Meteorological Administration, Ministry of Water Resources, Ministry of Natural Resources, Ministry of Housing and Urban-Rural Development, Ministry of Industry and Information Technology and Ministry of Transport to assess typhoon and heavy-rain trends and deploy flood/typhoon measures in key areas. The office maintain

Ukrainian Interior Ministry adviser Anton Gerashchenko said Russia’s operating refineries are increasingly depleted and hostilities have spread to maritime routes. After a series of strikes on Russian vessels, Moscow has suspended navigation on the Azov-Don waterway and the Kerch Strait, cutting the link between the Sea of Azov and the Black Sea. Gerashchenko said the Azov-Don route is a key conduit for Russian military logistics, cargo transport, port maintenance and the circumvention of sanctions for oil products; its suspension disrupts a primary export and supply corridor used to ship seized goods and generate revenue that funds procurement of weapons including Iskander missiles and KAB-guided bombs. He identified Taganrog and Azov ports and a ‘shadow fleet’ network as implicated in the trade channel.

Federal Reserve semiannual report: inf remains elevated, driven mainly by tariffs, the Middle East war and AI-related factors.