South Korean presidential chief of staff Kang Hoon-sik said the government plans to use additional tax revenue from the semiconductor boom to establish a Future Fund to finance major national investment projects, bolster long-term competitiveness and support 20–39-year-olds with housing, entrepreneurship and employment measures. Kang said the fund will back the government's three "super projects", address K-shaped economic polarization and serve as a cornerstone of President Lee's drive to make

On the 4th, Nabih Berri’s special envoy Khalil Hamdan met Iran Foreign Minister Araghchi in Tehran. Hamdan praised Iran’s principled stance on Lebanon’s territorial integrity and sovereignty and highlighted Iran’s role in pushing to halt Israeli aggression. Araghchi commended Lebanese resilience to Israeli military threats, credited Berri with keeping Lebanon’s political factions united against external interference, and reiterated Iran’s position that Israel’s aggression must end and Israeli forces must fully withdraw from Lebanese territory.

A wildfire in Trévillach, Pyrénées-Orientales continued to spread on July 5, with burned area reaching about 1,500 hectares. Authorities said firefighting is difficult and have deployed roughly 700 firefighters, 200 fire engines and nine firefighting aircraft. About 80 residents were evacuated and residents in several villages were ordered to shelter indoors.