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July 29 1600 UTC Brief

In the Middle East

Iran fired missiles at American forces in the region after U.S. and Saudi strikes hit Tehran-backed militias in Iraq, killing at least 20 fighters. U.S. Central Command said it intercepted what it called a surprise attack, and officials put American troops on high alert. The latest exchange comes after a brief lull, which in this conflict seems to count as optimism.

In the war in Ukraine

Ukrainian drone strikes deep inside Russia and Crimea are hitting refineries, communications hubs, and other military targets, and the impact is starting to show in fuel shortages, rationing, and long gas lines. Even so, Moscow is showing no sign of backing down, with leaders still expanding the military and continuing strikes on Ukrainian civilian targets.

In U.S. politics

Sen. Rand Paul says Anthony Fauci could face consequences after invoking his Fifth Amendment rights and declining to testify before Paul’s committee. Separately, Secret Service agents who questioned former FBI Director James Comey were told to send the interview details to Air Force One so President Trump could review them. That is a lot of process, and not much confidence in it.

In business and finance

A Spencer Stuart analysis says boardroom diversity at S&P 500 companies has fallen to a more than 10-year low. Diverse board appointments have slipped since peaking in 2021, and diverse directors now hold 49.3 percent of board seats.

In Europe, Italy has yet to decide how much of the EU’s €14.9 billion SAFE defence loan it will use, as Brussels and other member states push for a decision before deadlines pass and any unused funds have to be reassigned.

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This podcast is a fully automated experiment in AI-generated content. Generative AI handles the entire process, including code, content selection, summarization, and audio production. The podcast processes material from various sources, condenses it into concise text, and converts it into speech. No human intervention is involved in the production process.

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