US President Donald Trump says he intends to start operating a next-generation missile defense system by January 2029, the end of his term.

He also told reporters on Tuesday that the Golden Dome system will be capable of intercepting missiles "even if they are launched from space."

The president said he will appoint a Space Force general to oversee the program. He said the Golden Dome system would be deployed not only on land and at sea, but also in space.

Group of Seven finance officials are set to meet for discussions that are expected to be dominated by US tariffs and the impact on the global economy.

The two-day gathering of G7 finance ministers and central bank governors will kick off on Wednesday in Banff, Canada. The tariffs introduced this year by the administration of US President Donald Trump will likely top the agenda. Ministers and governors are set to evaluate the risks posed to the global economy and the responses from individual nations.

THE EU on Wednesday decided to review Article 2 of its trade agreement with Israel, which was signed in 2000. The EU in its statement noted that Humanitarian principles matter for every conflict around the world and should be applied consistently in every warzone.
“Whilst we acknowledge indications of a limited restart of aid, Israel blocked humanitarian aid entering Gaza for over two months. Food, medicines and essential supplies are exhausted. The population faces starvation. Gaza’s people must receive the aid they desperately need,” the statement said.

THE EU unveiled plans Wednesday to cut red tape for medium-sized companies and abolish barriers for businesses to sell goods across the bloc as part of its efforts to catch up with China and the United States.
The European Union wants to make doing business in the 27-country bloc easier and attract investment, as US President Donald Trump pushes an America First policy.