Breaking News: Key Global Developments in July 2025

1. U.S. Senate Republicans narrowly pass President Donald Trump's significant tax-cut and spending bill, impacting taxes, social programs, and military spending, while increasing national debt by $3.3 trillion. 2. Pentagon pauses certain missile shipments to Ukraine amid concerns over U.S. munitions stockpiles. 3. President Trump proposes a 60-day ceasefire between Israel and Hamas in Gaza, mediated by Qatar and Egypt. 4. Paramount, CBS's parent company, settles lawsuit with President Trump over a controversial October interview. 5. The Dalai Lama outlines plans for his reincarnation and succession, potentially reigniting tensions with China. Stay informed with the latest global news updates.