Xi Jinping Pushes for New Global Order at SCO Summit Alongside Putin and Modi

Chinese President Xi Jinping used the opening of the Shanghai Cooperation Organization (SCO) summit on Monday to call for a new global security and economic order that elevates the “Global South” and directly challenges U.S. influence. Joined by Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, Xi framed the SCO as a model for “a new type of international relations” capable of reshaping global governance.

Coast Guard Announces Largest Drug Seizure in U.S. History

The U.S. Coast Guard has announced the largest drug seizure in American history, confiscating more than 76,000 pounds of illegal narcotics valued at $473 million during operations in the Eastern Pacific Ocean and Caribbean Sea.

U.S. Economy Grows at 3.3% Pace in Q2, Easing Inflation Strengthens Outlook

The U.S. economy grew faster than previously estimated in the second quarter, expanding at a 3.3 percent annualized rate, the Commerce Department reported Thursday. The stronger reading points to resilient consumer and business spending despite the drag from high borrowing costs and trade frictions.

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