- The 1318-km Beijing–Shanghai High-Speed Railway opens after 39 months of construction.
- Amid heavy protests, the Greek parliament passes austerity measures in order to obtain the latest tranche of a 110 billion euro loan of the EFSF.
- Christine Lagarde is appointed Managing Director of the International Monetary Fund, beginning 5 July.
- At least nineteen people, including eight attackers, are killed in a Taliban assault on the Hotel InterContinental in Kabul, Afghanistan.
- The International Criminal Court issues an arrest warrant for Muammar Gaddafi, accusing him of crimes against humanity during the ongoing civil war in Libya.