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Egypt unveils discovery of 3,000 year old “Lost Gold City” in Luxor

An Egyptian archeological mission announced on Thursday the discovery of a 3,000 year old “Lost Gold City” in Luxor, Egypt. The mission, headed by renowned Egyptian archeologist Zahi Hawass, in collaboration with Egypt’s Supreme Council of Antiquities, found the city that was lost under the sand. The Egyptian mission, which started working on the discovery in Sept. 2020, has found a well-preserved city with almost complete walls, and with rooms filled with tools of daily life.

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EU Warns US Tariffs Could Trigger De Facto Trade Ban

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EU Trade Commissioner Maros Sefcovic warned that a proposed 30% US tariff on European goods would effectively amount to a trade ban, severely disrupting transatlantic supply chains.

Speaking ahead of the EU Foreign Affairs Council in Brussels, Sefcovic expressed disappointment over a letter from US President Donald Trump that halted expected trade progress. “We were close to an agreement,” he said, but now “must prepare for all outcomes.”

The EU has delayed retaliatory measures on $72 billion worth of US goods until August 1, hoping for a negotiated resolution. Sefcovic emphasized that “no one wants a trade war,” while France urged faster preparation for countermeasures and Hungary blamed the EU Commission’s weak response to US pressure.

Danish and Lithuanian ministers echoed calls to avoid escalation but emphasized EU readiness to defend its interests.

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