Daily SumUp

U.S. Secretary of State Marco Rubio and Minister of Foreign Affairs Dr. Abdullatif bin Rashid Al Zayani of the Kingdom of Bahrain signed a Memorandum of Understanding Concerning Civil Nuclear Cooperation (NCMOU) with the aim of advancing peaceful nuclear cooperation between the United States and Bahrain.The United States and Bahrain have an enduring relationship and long-standing cooperation in the fields of security, energy, and commerce, as exemplified in the Comprehensive Security Integration and Prosperity Agreement (C-SIPA). This NCMOU represents an important step towards establishing a robust civil nuclear partnership between the United States and Bahrain with the aim of enhancing energy security, promoting mutual prosperity through expanded economic cooperation, and promoting the highest standards of nuclear safety, security, and nonproliferation.NCMOUs are important diplomatic tools developed during President Trump’s first term in office that lay the foundation for expanding strategic ties between the United States and its partners and promote U.S. industry and workforce.

Prime Minister Sir Keir Starmer has suspended four MPs from Labour over repeated breaches of party discipline.Neil Duncan-Jordan, Brian Leishman, Chris Hinchliff and Rachael Maskell have had the party whip removed, meaning the MPs will sit as independents in the House of Commons.Three other Labour MPs - Rosena Allin Khan, Bell Ribeiro-Addy and Mohammed Yasin - have been stripped of their trade envoy roles.It comes after all four of the suspended MPs and the former trade envoys voted against the government's welfare reform bill earlier this month.In all, 47 Labour MPs rebelled against the government's proposed cuts to welfare and forced ministers to water down their plans.

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Hours after President Donald Trump told a room full of Republican lawmakers that he will fire Federal Reserve Chair Jerome Powell, he denied plans to do that."We're not planning on doing it," he said Wednesday at the White House. "I don't rule out anything," he added, "but I think it's highly unlikely, unless he has to leave for fraud."At a meeting Tuesday evening in the Oval Office, Trump had asked a group of House Republicans if they thought he should fire Powell. After receiving support for the move, the president said he would follow through, according to a senior White House official."The President asked lawmakers how they felt about firing the Fed Chair. They expressed approval for firing him. The President indicated he likely will soon," said the official, who spoke on the condition of anonymity to speak candidly on the issue.

The European Union is readying a package of tariffs to be levied on 72 billion euros’ ($84bn) worth of goods against the US, even as it steps up efforts to reach a trade deal and avert a transatlantic trade war with President Donald Trump.The European Commission, which oversees EU trade policy, is understood to have drawn up a list of duties for various US imports, ranging from cars to bourbon, after Trump declared on Sunday that he would levy a 30 percent “reciprocal” tariff on European imports from August 1.

Syrian government officials and leaders in the Druze religious minority announced a renewed ceasefire Wednesday after days of clashes that have threatened to unravel the country’s postwar political transition and drawn military intervention by powerful neighbor Israel.Convoys of government forces began withdrawing from the city of Sweida, but it was not immediately clear if the agreement, announced by Syria’s Interior Ministry and in a video message by a Druze religious leader, would hold. A previous ceasefire announced Tuesday quickly fell apart, and a prominent Druze leader, Sheikh Hikmat Al-Hijri, disavowed the new agreement.

President Donald Trump is accusing some of his onetime supporters of being “weaklings” who are falling prey to Democratic “bullshit” about the late sex offender Jeffrey Epstein — concluding that he no longer wants their support.The message was the clearest sign yet of the cracks emerging in the president’s coalition, many of whom are loudly demanding more information about the disgraced financier, who has been subject to myriad conspiracies since his death by suicide in 2019. And some of his allies don’t appear to be listening, with Republicans in Congress taking steps Wednesday morning to potentially force the Justice Department to release more documents.Declaring that Democrats had struck “pay dirt” in the Epstein scandal, Trump said his political opponents were using the issue to attack him.