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President Donald Trump on Thursday forcefully rejected reports of a U.S. ammunition shortage, insisting the country main...
08/06/2026

President Donald Trump on Thursday forcefully rejected reports of a U.S. ammunition shortage, insisting the country maintains “massive quantities” of stockpiles and warning of prison sentences for those who suggest otherwise, amid mounting frustration over the war with Iran.

Conflict Background
War with Iran: The confrontation has stretched beyond five months, driving accelerated consumption of precision missiles and air-defense systems.

Media reports: Outlets including The Washington Post, CNN, and Reuters have highlighted concerns that U.S. reserves of Patriot and THAAD interceptors have been significantly depleted.

Trump’s Statements
On Truth Social, Trump declared the United States possesses “enormous quantities of munitions, especially certain types.”

He emphasized that “large amounts are being manufactured and delivered as needed,” noting defense contractors are building “the greatest number of plants and factories in U.S. history.”

The president labeled those spreading claims of shortages as “traitors” and vowed to pursue “long prison sentences” against them.

Verified Inventory Data
Patriot interceptors: Pre-war stock stood at 2,330; by late July, estimates placed remaining levels between 759 and 827.

THAAD interceptors: Initial inventory of 452; as of July 27, between 234 and 278 remained.

ATACMS and PrSM missiles: Reuters and CBS reported U.S. forces had expended “virtually all” of their tactical long-range missiles.

Recovery timeline: The Center for Strategic and International Studies (CSIS) projects U.S. inventories may not return to pre-war levels until 2029.

Official Responses
Pentagon: Spokesman Sean Parnell stated, “The U.S. military is the most powerful in the world and has everything necessary to conduct operations.”

White House: Press Secretary Karoline Leavitt dismissed reports of internal rifts between Trump and Defense Secretary Pete Hegseth as “fake news.”

Analysis
The sharp contrast between Trump’s assurances and independent reporting underscores a narrative battle over U.S. military readiness. While the president projects strength and unity, data from defense analysts indicates the pace of munitions use in the Iran conflict has outstripped immediate replenishment capacity, raising long-term strategic concerns.


Sources Press office official/ Washington/ the white House/
Photos stock social media official archive stock/ the white House team Trump's/ Washington/

U.S. Secretary of State Marco Rubio confirmed Tuesday that the Strait of Hormuz remains open to maritime traffic and tha...
08/05/2026

U.S. Secretary of State Marco Rubio confirmed Tuesday that the Strait of Hormuz remains open to maritime traffic and that Washington is actively engaged in negotiations with Iran and Oman, though he cautioned that no final agreement has yet been reached. Treasury Secretary Scott Bessent suggested a deal could be imminent, possibly within the next 24 hours, a prospect that has already sent oil prices tumbling.

Diplomatic Context
Marco Rubio stated in Washington that “ships are transiting” through Hormuz and that the United States is involved in a dialogue process between Iran and Oman aimed at ensuring safe passage and advancing broader talks on denuclearization.

Rubio tempered expectations, noting that “there is no definitive agreement yet”, despite optimism from the Treasury Department.

Scott Bessent, speaking to CNBC, said Washington and Tehran could reach a breakthrough “today or tomorrow” to reopen commercial shipping lanes, which would help stabilize global energy markets.

Mediators and Regional Dynamics
Oman is serving as the primary intermediary between Washington and Tehran.

Qatar and Pakistan are also involved, circulating draft proposals for a temporary reopening.

Iranian officials, however, deny direct negotiations with the United States, underscoring internal divisions within Tehran’s leadership.

Energy Market Impact
The Brent crude benchmark fell nearly 4%, touching $80 per barrel, its lowest level in three weeks.

West Texas Intermediate (WTI) closed at $75.77 per barrel, down 5.7% on Tuesday.

The Strait of Hormuz handles roughly 20% of global oil shipments, making its status critical to energy price stability.

Risks and Scenarios
Emerging deal: Drafts suggest Iran could retain partial control over transit, potentially sharing service fees with Oman.

Temporary arrangement: Proposals include a three‑month supervised reopening while broader denuclearization talks continue.

Military tension: President Donald Trump reportedly suspended a large‑scale strike against Iran over the weekend to allow negotiations to proceed, warning this may be Tehran’s “last chance” for a diplomatic resolution.

Outlook
The situation in Hormuz remains fluid and highly sensitive. While U.S. officials confirm ongoing transit and progress in talks, no binding agreement has yet been signed. Energy markets are reacting sharply, with oil prices sliding as mediators push for a deal that could be finalized within hours.

Sources Press office official/

U.S. Secretary of State Marco Rubio

Photos stock social media official/

U.S. Secretary of State Marco Rubio/

Huawei Scientist Warns of Physical Limits in Chip Scaling, Proposes “Tau Scaling Law” to Rival Nvidia and Western Giants...
08/04/2026

Huawei Scientist Warns of Physical Limits in Chip Scaling, Proposes “Tau Scaling Law” to Rival Nvidia and Western Giants



Public Statement
In a rare four-hour broadcast in China at the end of July 2026, Liao Heng, a senior semiconductor scientist at Huawei Technologies Co., outlined a bold new strategy to counter Western chipmakers. He argued that the decades-long practice of shrinking transistors and increasing circuit density is approaching an unavoidable physical ceiling.

Liao’s remarks directly challenge Nvidia, currently the world’s largest chipmaker, which has been producing ever-larger processors packed with billions of transistors and expanding high-bandwidth memory (HBM). “There must be a limit to scalability with ever-larger processors and more HBM,” Liao said. “The industry keeps pushing, but once that physical limit is crossed, an avalanche will follow.”

The “Tau Scaling Law”
Concept: Instead of focusing on transistor miniaturization, Huawei’s Tau Scaling Law emphasizes improving the speed of data transmission between components.

Innovation: Huawei plans to debut its first smartphone chip under this framework in 2026, using a technique called LogicFolding.

Strategic Goal: To bypass restrictions imposed by U.S. sanctions, which cut Huawei off from global suppliers and advanced lithography tools from ASML.

Industry Context
TSMC, Intel, and Samsung Electronics continue to pursue transistor miniaturization, relying heavily on ASML’s cutting-edge lithography.

Analysts widely acknowledge that these companies may eventually hit a “wall” in transistor scaling, validating Liao’s concerns.

Huawei’s approach represents a divergent technological path, potentially reshaping the global semiconductor race.

Global Implications
Geopolitical Divide: The U.S.–China tech rivalry is deepening, with Huawei positioning itself as a counterweight to Nvidia’s dominance in AI and GPU markets.

Market Impact: If successful, Tau Scaling could redefine chip design, challenging the Western model of brute-force scaling.

Next Steps: Industry observers expect firms like SemiAnalysis and TechInsights to evaluate Huawei’s new chip later this year, providing the first independent measure of its competitiveness.

Sources Press official official/ Huawei Nvidia /
Photos stock social media archive stock/Facebook Instagram x/
official official/ Huawei Nvidia /

FIFA Drops Controversial $20 Billion Investment Plan for World CupThe FIFA Council confirmed Friday that it has abandone...
08/01/2026

FIFA Drops Controversial $20 Billion Investment Plan for World Cup

The FIFA Council confirmed Friday that it has abandoned a proposed $20 billion private investment scheme tied to future World Cup tournaments, following widespread backlash from fans, federations, and confederations across the globe.

The Scrapped Project
Official name: FIFA Forward Enterprise (FFE)

Estimated valuation: $20 billion, according to J.P. Morgan assessments

Mechanism: Sale of up to 20% of FIFA’s commercial subsidiary to private investors.

Projected payout: $20 million per federation in 2027, with funding increases from $8 million to $20 million per cycle (2027–2030)

Global Opposition
UEFA: Threatened to withdraw clubs and national teams from FIFA competitions if the plan advanced

Concacaf: Warned the proposal undermined football governance

Conmebol: Declared “football comes first” and initiated internal consultations

AFC: Joined opposition, further eroding global support.

Infantino’s Statement
FIFA President Gianni Infantino acknowledged the divisions caused by the plan:

“After carefully listening to all opinions, it has become clear that the project created divisions that no longer serve the original purpose. Our mission has always been—and will always be—to unite and improve.”

Infantino added that FIFA will convene stakeholders in the coming weeks to strengthen cooperation and ensure equitable support for federations with fewer resources.

Implications of the Decision
Dimension Outcome
Governance Prevents private investors from influencing World Cup management
Unity Reinforces confederations’ demand for independence
Finances Loss of immediate $4.2 billion cash injection.

Credibility Avoids potential boycotts that could have reduced broadcasting and sponsorship value.

Historical Context
The plan would have marked the largest financial restructuring in FIFA’s history, rivaling the creation of the expanded Club World Cup. Its collapse underscores the primacy of sporting unity over market-driven strategies.

Sources Press office official/
FIFA/

Photos stock social media official/ FIFA/

Visa Inc. is preparing to cut approximately 2,600 jobs — Staff.Visa Inc. is preparing to cut approximately 2,600 jobs — ...
07/30/2026

Visa Inc. is preparing to cut approximately 2,600 jobs —

Staff.

Visa Inc. is preparing to cut approximately 2,600 jobs — about 7% of its global workforce — as part of a sweeping plan to streamline operations and accelerate the adoption of artificial intelligence across its business.

Strategic Shift
Job cuts: Roughly 2,600 positions, primarily in technology and product development.

Total workforce: Visa employed 34,100 people worldwide at the end of fiscal 2025.

CEO statement: In an internal memo obtained by the Los Angeles Times, Chief Executive Ryan McInerney emphasized that Visa must “continue evolving the way we work” to remain competitive. He added that AI is “helping accelerate this evolution and shaping how work gets done at Visa.”

Industry Context
Silicon Valley trend: The move mirrors restructuring efforts at other major firms, including Intel and Uber, which have also leaned heavily on automation and AI to cut costs and boost efficiency.

Financial sector impact: Analysts note that Visa’s decision reflects a broader shift in the payments industry, where automation and machine learning are increasingly central to fraud detection, transaction processing, and customer service.

Market Reaction
Stock performance: Visa shares rose nearly 2% in pre-market trading following reports of the layoffs, extending a 6% gain year-to-date.

Analyst view: Evercore ISI described the cuts as a “reallocation of resources toward higher-growth initiatives,” suggesting limited impact on Visa’s long-term stability.

Future Focus
Visa plans to reinvest in:

Cross-border payments

Enterprise solutions

Stablecoin services

Geographic expansion

Sources Press office official/Visa Inc./
Photos stock social media archive stock/Visa Inc./

Israeli Prime Minister Benjamin Netanyahu hailed his meeting with U.S. President Donald Trump on Tuesday, July 28, descr...
07/29/2026

Israeli Prime Minister Benjamin Netanyahu hailed his meeting with U.S. President Donald Trump on Tuesday, July 28, describing it as “one of the best conversations” he has ever had with the American leader. The face-to-face talks at the White House marked their first direct encounter since the outbreak of the war with Iran in late February.

Meeting Overview
Date & Venue: July 28, 2026, White House, Washington D.C.

Duration: Roughly 80 minutes, from 11:03 a.m. to 12:25 p.m.

Key Participants:

Donald Trump, President of the United States

Benjamin Netanyahu, Prime Minister of Israel

JD Vance, Vice President of the United States

Marco Rubio, Secretary of State

Pete Hegseth, Secretary of Defense
Steve Witkoff, Special Envoy for Peace

Yechiel Leiter, Israeli Ambassador to Washington

Shmuel Ben Ezra, Netanyahu’s National Security Adviser

Main Discussion Points
Iran’s Nuclear Program:
Netanyahu emphasized that the talks revolved around the “shared goal of ensuring Iran never acquires nuclear weapons.” Both leaders discussed intelligence reports regarding fortified Iranian facilities, including the underground complex at Mount Pico, suspected of housing advanced centrifuges and enriched uranium stockpiles.

Bilateral Relations:
Netanyahu described the meeting as “excellent,” adding: “It was one of the best conversations I have had with President Trump, our friend.”

Security Coordination:
The session included detailed exchanges on military cooperation and regional stability, with senior defense and diplomatic officials present on both sides.

Political and Military Context
War with Iran: Ongoing since late February 2026, the conflict has triggered cross-border strikes and heightened global economic instability.

Domestic Pressures:

Netanyahu faces Israeli elections scheduled for October 27, 2026.

Trump is under scrutiny over the war’s economic toll ahead of U.S. midterm elections in November.

Strategic Takeaways
Issue Joint Position Details
Iran Nuclear Threat Prevent Tehran from acquiring nuclear weapons Focus on Mount Pico facility
U.S.-Israel Relations “Excellent” and reaffirmed Netanyahu praised Trump as “friend”
Regional Security Strengthened coordination Military and diplomatic channels engaged
Domestic Politics Both leaders under electoral pressure Meeting framed as strategic unite

In summary, the Netanyahu-Trump meeting was presented as a reaffirmation of U.S.-Israeli alignment against Iran’s nuclear ambitions and an effort to restore personal and political rapport between the two leaders. Netanyahu’s public praise underscores both the strategic importance of the talks and his need to project strong international backing ahead of Israel’s elections.

Sources press office official/ Washington/.

Sources press office official: Washington/
/The white house/.
Photos stock social networks /
The white House/ team Trump's/

Senator Lindsey Graham Honored at the U.S. Capitol Before National Cathedral Funeral360 Raw Magazine Staff.Capitol Cerem...
07/28/2026

Senator Lindsey Graham Honored at the U.S. Capitol Before National Cathedral Funeral

360 Raw Magazine Staff.

Capitol Ceremony
On Tuesday, July 28, 2026, the late Republican Senator Lindsey Graham was honored in a solemn ceremony at the U.S. Capitol Rotunda. His casket, draped in the American flag, was carried by a military honor guard in recognition of his decades of service in the U.S. Air Force Reserve, where he retired as a colonel in 2015.

Vice President JD Vance, Senate Majority Leader John Thune, and numerous lawmakers attended the ceremony. Vance acknowledged policy disagreements with Graham, particularly over Ukraine, but praised his ability to maintain civility and friendship across political divides.

Funeral at the National Cathedral
Later in the day, Graham’s funeral was held at the Washington National Cathedral. President Donald Trump delivered a eulogy, calling Graham “a dear friend and a respected statesman.”

The service drew international figures including Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelensky, underscoring Graham’s prominent role in shaping U.S. foreign policy. Members of the Cabinet, military leaders, and diplomats also attended.

Legacy and Career
Senator from South Carolina: Graham served more than three decades in Congress, becoming one of the most influential voices on defense and foreign affairs.

Foreign Policy Hawk: He was a staunch supporter of Israel and Ukraine, advocated for sanctions against Russia, and pushed for a hard line on Iran.

State Honors: Following the Washington services, Graham’s body will be returned to South Carolina, with additional memorials planned in Columbia and Pickens County.

Passing
Date of death: July 11, 2026.

Cause: Cardiac emergency shortly after returning from the NATO summit in Turkey and a visit to Ukraine.

Age: 71.

Sources press office official/
Senator Lindsey Graham/

Photos stock social media official archive/
Senator Lindsey Graham

Trump’s ‘SAVE America’ Act Faces Senate Roadblock Despite House Approval📌 Core Provisions of the ‘SAVE America’ ActCitiz...
07/27/2026

Trump’s ‘SAVE America’ Act Faces Senate Roadblock Despite House Approval

📌 Core Provisions of the ‘SAVE America’ Act

Citizenship Proof Requirement: The bill mandates that voters in federal elections present documentary evidence of U.S. citizenship when registering.

Photo Identification: A valid government-issued photo ID, such as a passport or REAL ID-compliant driver’s license, must be shown at the polls.

Mail-in Voting: Absentee voters would need to include a copy of their ID both when requesting and submitting ballots.

Voter Roll Maintenance: States would be required to establish programs to identify and remove non-citizens from voter registration lists.

Penalties: Criminal sanctions and private rights of action are included for violations.

Political Context
Trump’s Priority: President Donald Trump has labeled the measure the Republican Party’s “number one priority” ahead of the midterms. He has publicly pressured GOP lawmakers, even withholding support for unrelated legislation such as housing bills.

Fraud Claims: In a national address, Trump again raised doubts about alleged fraud in the 2020 election—claims repeatedly rejected by courts and investigations.

Senate Stalemate: Although the House passed the bill 218–213, it has been stalled in the Senate since March 2026, failing to reach the 60-vote threshold due to Democratic opposition. Republicans are now attempting to attach it to budget legislation.

Public Opinion
Pew Research Center (2025): 83% of Americans surveyed supported requiring voters to present a government-issued photo ID.

Division: While voter ID enjoys broad support, the added requirement of citizenship documentation is controversial, raising concerns about disenfranchisement.

Cultural and Legal Debate
No National ID: The United States does not issue a national identity card. Citizens rely on driver’s licenses (also available to some non-citizens), passports (held by fewer than half the population—about 146 million, per State Department data), birth certificates (often difficult to access), and Social Security cards (which lack photos).

Democratic Concerns: Critics argue the law could disproportionately affect minorities, seniors, and low-income citizens who may lack easy access to required documents.

Republican Defense: Supporters contend the measure is essential to safeguard electoral integrity and prevent non-citizen voting.

The ‘SAVE America’ Act encapsulates Trump’s push to make citizenship verification and voter ID central to Republican electoral strategy. Despite strong public support for photo identification, the absence of a national ID system and fears of voter suppression have made the bill one of the most polarizing issues in Washington ahead of the midterms.

Sources press office official/
The ‘SAVE America’ Act

Sources press office official: Washington/
/The white house/.
Photos stock social networks /
The white House/ team Trump's/

Hollywood Production Falls 12.7% Despite New Tax Incentives, FilmLA Reports360 Raw Magazine Staff 📉 Key Findings from Fi...
07/25/2026

Hollywood Production Falls 12.7% Despite New Tax Incentives, FilmLA Reports

360 Raw Magazine Staff
📉 Key Findings from FilmLA’s Q2 2026 Report

Overall production: 4,711 shoot days between April 1 and June 30, down from 5,394 in the same quarter of 2025 (−12.7% year-over-year).

Television sector: 1,607 shoot days, compared with 2,224 last year (−27.7% year-over-year).

The decline was driven largely by the drop in unscripted reality programming.

Scripted series: 732 shoot days (−6.4% annually), but surged +55.1% compared to Q1 2026, signaling a rebound.

Feature films: 443 shoot days, down from 553 in Q2 2025 (−19.9% year-over-year).

Tax-incentivized productions: now account for 38.3% of all shoot days, up sharply from 22% in the previous quarter.

Notable Productions
Reboots of Baywatch (FOX) and Prison Break (Hulu).

New seasons of Bosch: Start of Watch (MGM+), Ballard (Amazon), and The Night Agent (Netflix).

Economic and Political Impact
Los Angeles Mayor Karen Bass emphasized that incentives are “working,” creating unionized, well-paying jobs and boosting local opportunities.

The downturn has become a central issue in Bass’s reelection campaign against Democratic Councilmember Nithya Raman.

Both candidates advocate for removing California’s $750 million cap on the incentive program and expanding credits to new production categories to stem runaway production and revitalize Los Angeles’s entertainment economy.

📌 Broader Context
California’s Film & TV Tax Credit Program 4.0 has supported 170 projects, including 41 new feature films announced in July 2026.

Despite these gains, Los Angeles production remains 50% below the five-year average, underscoring the fragility of the recovery.

Bottom Line
Hollywood’s audiovisual industry is facing a structural decline, with television—the region’s primary employment engine—hit hardest. While tax incentives have bolstered scripted series and select film projects, the fight against runaway production remains a defining challenge for both the industry and local politics.

Sources press office official/.Hollywood Production/

Photos video stock social media archive/.
Hollywood Production/
Los Angeles CA/

Pinta Miami Marks 20th Anniversary with a Boutique Showcase of Latin American Art360 Raw Magazine Staff MIAMI, FL — Pint...
07/22/2026

Pinta Miami Marks 20th Anniversary with a Boutique Showcase of Latin American Art

360 Raw Magazine Staff
MIAMI, FL — Pinta Miami will celebrate its 20th edition from December 3–6, 2026, returning to The Hangar at Regatta Harbour in Coconut Grove as part of Miami Art Week. The fair, recognized as a leading platform for modern and contemporary Latin American art, will feature 44 international galleries, curated sections, and a robust program of forums, performances, and special projects.

Key Facts
Dates: December 3–6, 2026

Venue: The Hangar at Regatta Harbour, Coconut Grove, Miami, FL

Edition: 20th anniversary

Format: Boutique fair, intimate scale, high impact

Participants: 44 galleries from Latin America, the U.S., and Europe

Curated Sections
Main Section: Curated by Irene Gelfman, presenting established galleries with strong Latin American roots.

RADAR: Led by Isabella Lenzi, highlighting practices that explore territory, memory, and materiality.

NEXT: Curated by Marina Reyes Franco, spotlighting emerging galleries and experimental projects.

FORO: A forum for debate on contemporary photography, art markets, and transatlantic dialogues.

Program Highlights
Guided tours through NEXT and RADAR sections.

Market talks: Panels on gallery futures and collecting trends.

Performance series: Live actions curated by Irene Gelfman.

NEXT Award: Recognition for outstanding emerging projects.

Pinta After: Evening music sessions by the marina.

Special Projects
Nicola Costantino: A floral kiosk installation presented by Pommery.

Ana Teresa Barboza: Textile works expanding the concept of landscape.

Sculpture Garden: Kinetic and luminous pieces by artists including Priscila Schott and Rafael Barrios.

Context
For two decades, Pinta Miami has built a vibrant community of artists, galleries, collectors, and curators, positioning itself as a strategic hub for Latin American art visibility within the international circuit.

Sources press office official/
Pinta Miami 20th Showcase

MIAMI, FL —
Photos stock social media official/ Pinta Miami/ stock

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