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World Today: Summary of Today’s News

In today’s news, several significant events and developments have been reported worldwide. Here’s a concise summary of the key headlines:

1. Donald Trump Denies Charges in Court Former President of the United States, Donald Trump, appeared in court on Thursday (Aug. 3) to refute charges of attempting to overturn the results of the 2020 US presidential election. Prosecutors alleged that this attempt was an attack on the foundations of America’s democracy.

2. China and Australia Improve Relations China’s Ministry of Commerce announced the abolition of anti-dumping duties and a counter-subsidy tax on Australian barley. This decision, effective from Aug. 5, marks a positive step towards improving relations between China and Australia.

3. US Pledges to Support Ukraine’s Grain Export The US Secretary of State stated on Thursday (Aug. 4) that the United States would take all necessary measures to ensure Russia’s ability to freely export food if Russia renews an agreement allowing Ukraine’s grain to be safely exported via the Black Sea.

4. US Navy Sailors Arrested on National Security Charges According to the Associated Press, two US Navy sailors have been arrested on national security-related charges. Authorities suspect that the individuals have links with China.

5. China Eases Border Travel Restrictions China has implemented several measures to facilitate travel across its borders and within the country amid the ongoing economic recovery post-COVID-19 pandemic.

6. Russia Resumes Buying Foreign Currency and Gold The Ministry of Finance of Russia announced that the country would resume purchasing foreign currency and gold due to higher-than-expected energy revenues, surpassing the government’s budget target.

7. North Korea Criticizes US Arms Supply to Taiwan North Korea’s official news agency, KCNA, reported that the country criticized the US’s arms supply package to Taiwan, accusing the United States of escalating tensions in the region and pushing for potential conflict.

8. Cuba’s Central Bank Implements Measures to Curb Inflation In response to soaring inflation and unconventional business practices amid an economic crisis, Cuba’s Central Bank banned public and private businesses from using ATMs and set a transaction ceiling for cash transactions between them.

9. South Korean Arms Companies Experience Record Surge in Shares Shares of South Korean arms companies, including Hanwha Aerospace, have surged to record levels over the past 12 months amid rising tensions on the Korean peninsula.

10. Former Malaysian Prime Minister Expected to be Discharged from Hospital Former Malaysian Prime Minister, Mahathir Mohamad, is scheduled to be discharged from the hospital today (Aug. 4) after being admitted on Tuesday (Aug. 1).

11. South Korean President Orders Police to Prevent Violence South Korean President Yun Seok Yeol ordered the police to take action to prevent violence following threats on social media, imitating a recent knife attack near Seoul that left 14 people injured.

In conclusion, these are some of the major events and developments shaping today’s global news landscape. Stay informed for more updates on these stories as they unfold.

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