Today’s Global News – July 9, 2025

 

🌍 Today’s Global News – July 9, 2025

🌀 U.S. Flash Floods: Over 160 Missing in Texas

Powerful flash floods in Texas’ Kerr County have left more than 160 people missing, with search teams working tirelessly through debris to reunite families and bring closure news9live.comwestfaironline.com.

---

📉 Trump Announces 50% Tariff on Copper

Former President Trump has introduced a 50% tariff on copper imports, causing prices to surge to record highs. U.S. markets have responded cautiously, while global trade tensions—especially with the EU—are intensifying anewz.tv+5reuters.com+5theguardian.com+5.

---

🌕 July 9: The Shortest Day in Recorded History

Earth experienced one of the shortest days ever, with the rotation sped up slightly due to the Moon’s current orbit. Timekeepers are monitoring whether a negative leap second will be needed timesofindia.indiatimes.com+3hindustantimes.com+3timesofindia.indiatimes.com+3.

---

⚖️ U.S. Supreme Court Clears Trump’s Workforce Cuts

The Supreme Court has lifted injunctions that temporarily blocked President Trump’s proposed federal workforce reductions, allowing large-scale layoffs in government services to move forward theguardian.com+6globalnews.ca+6wsj.com+6.

---

🌍 Morocco Reduces Pre-Trial Detention to Below 30%

In a historic legal reform, Morocco has successfully lowered its pre-trial detention rate to under 30% of its prisons, aiming to enhance justice and reduce overcrowding moroccoworldnews.com.

---

🔍 Key Takeaways

• Texas Floods highlight increasing climate risks in the U.S.

• Tariff escalation adds pressure on global commodities and trade.

• Earth’s unusual rotation reminds us of subtle shifts in our planet’s mechanics.

• Supreme Court ruling reshapes federal employment and policy dynamics.

• Moroccan justice reform is a milestone for human rights and legal efficiency.

🇮🇳 India Today – July 9, 2025

1. 🛑 SEBI Bans US Firm Jane Street amid Stock Manipulation Claims India’s market regulator SEBI has temporarily banned Jane Street, a US-based trading firm, from equity markets. SEBI alleges the firm manipulated Bank Nifty options, impacting retail investors—over 90% of whom reportedly lose money trading options. Jane Street denies wrongdoing and plans to challenge the ban. SEBI aims to enhance surveillance to safeguard inexperienced investors  Reuters .

2. 🇮🇳 Nationwide “Bharat Bandh” Disrupts Public Services Millions of workers from 10 major trade unions staged a one-day Bharat Bandh to protest Modi government’s labor reforms and privatization initiatives. Key sectors hit: coal, banking, insurance, transport, and manufacturing. Public transport, including trains in regions like Mumbai and Kolkata, saw massive disruption  AP News +1 Times of India +1 .

3. 🚀 Starlink Gets Green Light to Launch in India IN‑SPACe has authorized Starlink (SpaceX) to provide satellite-based internet services in India using its Gen‑1 LEO constellation. With 4,408 satellites orbiting at 540–570 km and a total capacity of around 600 Gbps, the service aims to improve connectivity in remote and rural areas. Further regulatory approvals are pending  Indiatimes .

4. 💸 Gujarat Banking Services Affected by Strike Around 20,000 bank employees in Gujarat—both public and select private sector—joined the nationwide Bharat Bandh, leading to disruptions across 3,678 branches. Essential banking operations like cash handling, cheque clearances, and customer services are significantly impacted, potentially affecting ₹15,000 crore in transactions .

5. 🚚 Auto Parts Trade Surplus Reaches $453 Million In FY 2025, India’s auto component industry posted a $453 million trade surplus, up from $300 million in FY 2024. Exports surged 8% to reach $23 billion. The US remains the top destination, followed by Europe and Asia. Industry leaders emphasize further investment in technology and rare-earth materials for EV parts .

🔎 Summary at a Glance SEBI crackdown on derivative manipulation

Massive labor protest impacts key sectors

Satellite internet expansion via Starlink

Banking services hit in Gujarat due to strike

Strong auto parts exports reflect competitiveness

🌍 Global News Highlights Israel-Gaza Conflict: 20 Palestinians, including six children, killed in Israeli airstrikes on Gaza; aid access remains dire  The Guardian .

Gaza Ceasefire Talks: Negotiations ongoing; Israel also launched operations in southern Lebanon and arms shipments continue  The Guardian .

Antarctic Ice Crisis: Ice extent fell below 2 million km² in March—the lowest in 47 years—impacting global ocean currents and weather  News.com.au +1 Times of India +1 .

Earth’s Rotation Speeds Up: July 9 recorded as one of shortest days ever; possible need for negative leap second under consideration  Times of India +1 New York Post +1 .

Trump’s Tariff Move: U.S. announces 50% copper tariffs and potential pharmaceutical duties; global markets brace for impact  The Wall Street Journal +3 Reuters +3 The Times +3 .

Texas Flood Crisis: Over 160 missing and more than 100 dead in flood-ravaged Kerr County; relief efforts underway  Republic World +2 The Wall Street Journal +2 Enews Insight +2 .

UK Market Snapshot: BOE warns on weaker growth; FTSE 100 steady; Merck acquires Verona Pharma for $10 bn; US‑UK steel talks continue  The Times .

Houthi Attack at Sea: Red Sea incident leads to sinking of a Greek cargo ship; growing maritime tension in region  Bankersadda +4 The Guardian +4 SchoolDekho +4 .

Morocco Justice Reform: Pre-trial detainees now less than 30% of prison population—milestone in legal overhaul .

Global Finance Alert: Reuters warns investors amid U.S. tariff surge and China's deflation; markets show resilience but caution prevails  The Times +2 Reuters +2 Reuters +2 .

🇮🇳 India News Highlights Bharat Bandh: Tens of millions strike against labor reforms and privatization; banking, transport, mining heavily affected  Republic World +2 AP News +2 Indiatimes +2 .

Starlink Cleared: IN-SPACe authorizes satellite internet service, expanding Starlink's reach in remote Indian regions .

SEBI Bars Jane Street: Market regulator halts US trading firm on Bank Nifty manipulation claims; Jane Street appeals ban  Bankersadda +2 SchoolDekho +2 Reuters +2 .

Gujarat Bank Strike: 20,000 employees halt work across 3,678 branches in solidarity with the nationwide Bharat Bandh  Moneycontrol +7 AP News +7 Indiatimes +7 .

SBI Solar Push: State Bank launches rooftop solar program targeting 4 million homes by 2027  testbook.com +2 Bankersadda +2 Republic World +2 .

India-Mongolia Drill: ‘Nomadic Elephant’ military exercise strengthens bilateral defence ties in Ulaanbaatar  testbook.com .

Astronaut on Axiom‑4: Shubhanshu Shukla set to join private ISS mission — India’s first human spaceflight since 1984  testbook.com +1 Republic World +1 .

Delhi–Dehradun Expressway Opens: 210 km six-lane expressway now runs from Delhi to Uttarakhand, cutting travel time in half  en.wikipedia.org .

Civil Defence Drill: Operation Abhyaas mock exercise across 244 districts enhances emergency preparedness  en.wikipedia.org .

2030 Commonwealth Games Bid: Gujarat pushes ahead with India’s bid to host the Games; venues and infrastructure development underway  en.wikipedia.org .

📝 Summary 🔥 Global: War zones, climate extremes, market volatility, and jaw-dropping planetary updates.

🏛 India: Mass strike, regulatory action, tech leaps, infrastructure growth, defence readiness, and lunar ambitions.