The market tends to shrug off even the most worrisome geopolitical events, just as it did with the U.S. airstrikes on Iran last month.

In a warning to India, China and Brazil, NATO Secretary General Mark Rutte on Wednesday threatened to impose secondary sanctions if the three nations continue to do business with Russia.

China believes that the United States' tightening of anti-Russian sanctions does not contribute to the resolution of the “Ukrainian conflict,” which can only be achieved through dialogue and negotiations.

China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing, days before he sent tens of thousands of troops into Ukraine. Putin has sometimes described China as an "ally".

China’s G.D.P. report was released as the U.S. took stock of the latest inflation figures, which showed that Trump’s tariffs were starting to push up prices. Prices of products most exposed to tariffs, like household furnishings, jumped significantly in June.

NATO's Mark Rutte cautioned India, China, and Brazil about the economic impact of continued trade with Russia, urging them to push for peace talks. With Trump's backing, Rutte warned of 100% secondary sanctions on nations buying Russian oil and gas.

Elbridge Colby’s memo highlighting U.S. weapons shortages influenced the decision to pause some arms shipments to Ukraine.

A U.S. citizen who helped the Kremlin target Ukrainian troops has been granted a Russian passport in Moscow. Daniel Martindale, with a trim beard and dressed in a suit and tie, smiled as he received his new documents, as seen during a Russian state television broadcast a report on Tuesday.

Russia and China's foreign ministers on Sunday discussed their relations with the United States and the prospects for ending the war in Ukraine, Russia's foreign ministry said in a statement. President Vladimir Putin's foreign minister,

President Trump now wants to give more weapons to Ukraine and is threatening increased sanctions if Russian President Vladimir Putin doesn't agree to end the war in 50 days. The president explained why in a phone call with our partners at BBC News.