Researchers find rare Jurassic-era fossil in Indian village
Researchers in India have discovered the fossilised remains of a rare crocodile-like species from the Jurassic era in the western state of Rajasthan, BBC reported.
The fossil, known as a phytosaur, measures between 1.5 to two metres and is likely to be more than 200 million years old, researchers say.
It was unearthed at Megha village in Jaisalmer district by senior hydrogeologist Dr Narayandas Inkhiya and his team, who work for the state's water department.
Mr Inkhiya told the BBC that the site could hold "many more hidden fossils" that could provide vital and fascinating clues on the history of evolution, according to BBC.
Korean Air to buy 103 Boeing jets as Trump pressures trading partners 4
US aviation giant Boeing and Korean Air announced a deal worth about $36bn (£24bn) on Monday for 103 planes as President Donald Trump presses trading partners to do more business with American firms, BBC reported.
The deal includes 787, 777 and 737 passenger jets, according to a joint statement from the two companies.
The new jets will come at a "pivotal moment" and modernise the South Korean flag carrier's fleet, ensuring it stays competitive as it merges with Asiana Airlines, said Korean Air boss Walter Cho.
The agreement was announced just hours after South Korean President Lee Jae Myung met Trump in Washington to discuss the 15% tariffs imposed by the US on the Asian country in July, according to BBC.
Trump orders removal of Federal Reserve governor Lisa Cook
US President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank, BBC reported.
He said there was "sufficient reason" to believe Cook had made false statements on mortgage agreements, and cited constitutional powers which he said allowed him to remove her.
In response, Cook has said Trump has no authority to fire her and she will not resign.
It is an unprecedented move for the president to dismiss a member of the central bank's leadership, and comes as Trump has put increasing pressure on the Fed - especially its chair Jerome Powell - over what he sees as an unwillingness to lower interest rates, according to BBC.
Trump threatens new China tariffs over magnets
US President Donald Trump said Monday that China must supply more magnets or face tariffs of up to 200 percent, highlighting the strategic importance of rare earth elements. China controls about 90 percent of the global magnet market, essential for products like semiconductor chips used in smartphones, according to Al Jazeera.
The remarks follow China’s April restrictions on rare earth exports in retaliation for US tariff hikes, even as exports surged in July. Trump recently extended a 90-day deadline on tariffs, allowing more time for negotiations, and the US also announced a 10 percent stake in Intel, a major chipmaker dependent on these materials.
