The Labour leader says he will remain prime minister until his successor is chosen. Continue Reading »

BBC Verify looks at the record of Sir Keir's time in government in six key areas since he took office in July 2024. Continue Reading »

The outgoing Greater Manchester mayor is lining up a third attempt to be Labour leader following his return to Westminster. Continue Reading »

Sir Keir announces he will be step down as Labour leader and PM in a Downing Street address. Continue Reading »

Less than two years after he won a huge majority in the 2024 general election, Sir Keir Starmer has been forced out. Continue Reading »

SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor. Continue Reading »

Iranian supertankers have switched on their transponders, after going dark during the war, as they depart the Persian Gulf loaded with oil. Continue Reading »

Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak. Continue Reading »

Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over. Continue Reading »

JD Vance said U.S.-Iran talks in Switzerland made progress, with Tehran agreeing to allow IAEA inspectors back into Iran. Continue Reading »

Par Séraphine Charpentier La ville stratégique de Kostiantynivka, située aux portes du bassin minier du Donbass, est encerclée par les troupes russes, affirme Moscou. Si la localité tombe aux mains de la Russie, Vladimir Poutine se rapprocherait de son but d'annexer la région minière de l'Est de l'Ukraine.  La ville stratégique de Kostiantynivka, située aux portes du bassin minier du Donbass, est encerclée par les troupes russes, affirme Moscou. Si la localité tombe aux mains de la Russie, Vladimir Poutine se rapprocherait de son but d'annexer la région minière de l'Est de l'Ukraine. "La situation reste sous contrôle", affirme l'armée ukrainienne. "L'ennemi ne remporte aucun succès", avance même auprès de la chaîne britannique BBC le général de brigade Oleksandr Bakulin, commandant du 19e corps d'armée ukrainien. Les unités d'Oleksandr Bakulin sont celles qui défendent la ville de Kostiantynivka. Située à l'Est de l'Ukraine, juste à côté des zones contrôlées par la Russie, Kostiantynivka est l'un des verrous stratégiques du Donbass, ... Continue Reading »

Par AFP Par Anne-Laure MONDESERT © 2026 AFP Le travailliste Andy Burnham, qui a toutes les chances de remplacer Keir Starmer comme Premier ministre, a bâti sa popularité sur son expérience de maire du bastion industriel de Manchester, un atout pour tenter de reconquérir les déçus du Labour.Cet homme de 56 ans, qui se décrit comme partisan d'un "socialisme pro-entreprises", pourrait faire son entrée à Downing Street dans les semaines qui viennent.Arrivé lundi en train de Manchester, il a fait son entrée tout sourire au Parlement de Westminster - étape nécessaire pour briguer la direction du Parti travailliste et Downing Street. "Dernière chance" Le travailliste, politicien de carrière contrairement à l'ex-avocat Keir Starmer et plus à l'aise dans la communication, a remporté jeudi haut la main, devant le parti anti-immigration Reform UK, la législative partielle à Makerfield dans son fief de la région de Manchester."C'est la dernière chance pour changer" le Labour, avait proclamé Andy Burnham à l'annonce de sa victoire. Devant ses soutiens rassemblés sur un terrain de foot, ce supporter d'Everton, club de Liverpool, s'était engagé à "tracer une nouvelle voie" pour le pays et avait promis "l'équité pour les régions" que le pouvoir central à ... Continue Reading »

Par AFP © 2026 AFP Le groupe de presse EBRA, qui compte neuf titres régionaux dans l'est de la France, a annoncé lundi un plan de départs volontaires visant jusqu'à 400 postes, dans un contexte de baisse des ventes.Les principaux services concernés par ce projet sont la rédaction, l'imprimerie, l'administration des ventes et le studio graphique, indique dans un communiqué le groupe de 3.200 salariés, propriété du Crédit Mutuel."Aucun départ ne sera contraint", est-il précisé. Quelque 68 créations de postes sont prévues, principalement à la rédaction.EBRA (Est Bourgogne Rhône-Alpes) édite Le Dauphiné libéré (Grenoble), Le Bien public (Dijon), Le Journal de Saône-et-Loire (Chalon-sur-Saône), Le Progrès (Lyon), L'Est républicain (Nancy), Le Républicain lorrain (Metz), Vosges Matin (Epinal), L'Alsace (Mulhouse) et Les Dernières nouvelles d'Alsace (Strasbourg), des titres qui couvrent au total 23 départements.Le groupe, qui diffuse plus de 800.000 exemplaires par jour et dont l'audience digitale atteint 21,4 millions de visiteurs uniques par mois, explique être confronté à "la baisse des ventes papier, à l'évolution des usages de l'information et à la pression des plateformes numériques sur les revenus publicitaires". Les ventes au numéro et les abonnements ont été divisés par deux en dix ans et la perte opérationnelle ... Continue Reading »

Par AFP © 2026 AFP La Bourse de New York a ouvert en légère hausse lundi, les investisseurs guettant les discussions entre Washington et Téhéran, tout en attendant la publication de nouveaux indicateurs macroéconomiques au cours de la semaine. Vers 14H00 GMT, le Dow Jones prenait 0,49%, l'indice élargi S&P 500 gagnait 0,32% tandis que l'indice Nasdaq était à l'équilibre (+0,04%)."Les opérateurs restent attentifs à l'évolution des négociations entre les États-Unis et l'Iran visant à mettre fin à la guerre" au Moyen-Orient, résume David Morrison, de Trade Nation.Le vice-président des Etats-Unis JD Vance a salué lundi les "bases très solides" jetées par de premiers pourparlers avec Téhéran en Suisse.Après la signature d'un protocole d'accord la semaine dernière et un démarrage dans le chaos, ces négociations, lancées dimanche, doivent aboutir, sous un délai de 60 jours renouvelables, à un document final.Mais les marchés restent prudents au lendemain de nouvelles menaces de Donald Trump, enjoignant Téhéran d'empêcher ses alliés au Liban, en référence au Hezbollah, de "causer des problèmes", sans quoi les Etats-Unis reprendraient leurs frappes."Cela s'annonce comme une période mouvementée, où les gros titres vont se succéder", note Patrick O'Hare, de Briefing.com.Pour Adam Sarhan, "les marchés parient tout de ... Continue Reading »

Par AFP © 2026 AFP Les principales enseignes de la grande distribution lancent lundi une campagne de communication "inédite" censée démontrer leur rôle de défenseur du pouvoir d'achat, appelant le législateur à cesser l'"empilement" de "mesures" qui restreignent selon elles leur capacité de négociation sur les prix.Chaque année, du 1er décembre au 1er mars, supermarchés et fournisseurs agro-alimentaires mènent des négociations, réputées brutales, qui déterminent in fine les prix en rayon (hors marques propres des distributeurs)."Si demain la loi nous interdit de négocier les prix, qui protègera votre pouvoir d'achat ?", interrogent E. Leclerc, Carrefour, Intermarché, Coopérative U, Auchan et la Fédération du commerce et de la distribution (FCD, leur lobby), sur une affiche dévoilée lundi en conférence de presse, avant son arrivée dans la presse et à l'entrée des magasins.Cette affiche expose une sélection de 12 produits de grande consommation (Coca-Cola, café Carte Noire, Nutella, Petit écolier de Lu, etc) accompagnée d'un prix "avant" les négociations, de 71,49 euros, et "après", en vert, de 52,12 euros.Sans négociations, ce panier "coûterait 37% plus cher", assurent dans un communiqué commun les enseignes. Pour obtenir ce chiffre, elles ont transmis leurs "propres données séparément et confidentiellement à un tiers indépendant", ... Continue Reading »

Keir Starmer’s exit satisfies public anger, but the system stays intact: new faces, same donors, same policies, same insulation from voters Read Full Article at RT.com Continue Reading »

A blaze in a building in the northern Indian city of Lucknow has left at least 14  people dead, mostly students Read Full Article at RT.com Continue Reading »

Read Full Article at RT.com Continue Reading »

India and the UAE are in talks over a deal for BrahMos supersonic cruise missiles Read Full Article at RT.com Continue Reading »

The Alliance of Sahel States has accused “foreign state sponsors” of backing militant attacks on Niger’s airport Read Full Article at RT.com Continue Reading »

Каждый БПЛА может выступать как самостоятельный дрон, так и как элемент единой группы, добавил генеральный конструктор Центра комплексных беспилотных решений Continue Reading »

Он представляет собой фигуру солдата в боевой экипировке высотой 2,5 м Continue Reading »

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Сумма ущерба жилищному фонду составила $1,38 млрд, говорится в докладе организации Continue Reading »

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CLIVE DAVIS DEAD AT 94... (Top headline, 1st story, link) Related stories:MUSIC CAREER DOMINATED DECADES... MORE Drudge Report Feed needs your support!   Become a Patron Continue Reading »

MUSIC CAREER DOMINATED DECADES... MORE (Top headline, 2nd story, link) Related stories:CLIVE DAVIS DEAD AT 94... Continue Reading »

SHOCK POLL: TRUMP APPROVAL 30% (Main headline, 1st story, link) Continue Reading »

MADONNA BEST ALBUM OF CAREER? (First column, 1st story, link) Related stories:VIDEO: SONGS FILL CLUBS...FOUGHT WITH UNIVERSAL TO GET LIFE RIGHTS BACK... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

VIDEO: SONGS FILL CLUBS... (First column, 2nd story, link) Related stories:MADONNA BEST ALBUM OF CAREER?FOUGHT WITH UNIVERSAL TO GET LIFE RIGHTS BACK... Continue Reading »

Donald Trump, who spent $14m relining the iconic pool, claims it has been vandalised by 'radical left lunatics'. Continue Reading »

Football fans in Gaza showed overwhelming support for Spain against Saudi Arabia during Sunday's World Cup clash. Continue Reading »

Greenspan presided over economic turbulence, including crises and booms, during his 18-year tenure as Fed chairman. Continue Reading »

Gaza's footballers train on broken pitches with no shoes. Why has FIFA's rebuilding plan gone nowhere? Continue Reading »

Ukraine says facility a 'critical component' in defence production as local Russian authorities confirm attack. Continue Reading »

After Jerusalem became home to Somaliland’s first embassy, Abdirahman Dahir Adam tells ynet that Israeli tourists and businesses are welcome as the African country looks to deepen ties; 'Ready to cooperate in any field that serves the interests of both countries' Continue Reading »

Lt. Col. Dor Gedalia Ben Simhon, commander of the 52nd Battalion killed with three other soldiers in southern Lebanon, told ynet last month the IDF was carrying out major operations to protect northern residents; 'They will be discussed in the future,' he said Continue Reading »

Seniors from Kiryat Shmona graduated near the Lebanon border after years of upheaval disrupted their studies, celebrating with pride and loss as one asked: 'Who would want to stay?' Continue Reading »

Efi Talbi was rushed from a squad commanders’ course to the battlefield on the first day of the First Lebanon War; after his APC was hit and his commander was killed, he was captured, survived 10 days in captivity and escaped to nearby IDF troops Continue Reading »

IDF responds with heavy overnight strikes after drone hit troops near Kfartebnit, killing Lt. Col. Dor Gedalia Ben Simhon, commander of the 52nd Battalion, and three other soldiers Continue Reading »

Mediators reported progress toward reaching a final deal within 60 days. They also said that negotiators had dwelled on issues that were supposed to be settled. Continue Reading »

Israel and Hezbollah, the Iran-backed Lebanese militant group, appeared to maintain a tense cease-fire for a second day. Israel’s military has new orders that restrict troops to defensive actions. Continue Reading »

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market. Continue Reading »

Plus, the “Steven Spielberg of sitcoms.” Continue Reading »

Charismatic, northern and exuding a relaxed optimism, Mr. Burnham is a contrast to Keir Starmer. His allies hope he could mend Labour’s relationship with voters. Continue Reading »

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips. Continue Reading »

DeepSeek, SoFi and more in the latest Market Talks covering Technology, Media and Telecom. Continue Reading »

DeepSeek is called “amazing and impressive” despite working with less-advanced chips. Continue Reading »

The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee. Continue Reading »

Apps can add flexibility and freshness to your routine. Just try not to get injured. Continue Reading »

Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken. Continue Reading »

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in. Continue Reading »

Some of the women were held alone for extended periods and spent eight months in tunnels, an Israeli medical official said. Continue Reading »

The alliance mounted its first coordinated response to a suspected sabotage campaign against critical infrastructure after another cable was severed in the Baltic Sea. Continue Reading »

Residents of Goma reported gunfire and shelling after rebels overran Congolese troops. U.N. officials estimated that more than one million displaced people were now inside the city. Continue Reading »

A plurality of Americans believe betting on election outcomes should be illegal, The POLITICO Poll finds. Continue Reading »

"Spain is the nation who leads the World Cup," soccer chief Rafael Louzán said. Continue Reading »

Iranian American fans jeered the playing of Iran’s national anthem but cheered the squad's play on the field. Continue Reading »

France's sports minister on Kylian Mbappé's political views, what scares her about snow and why she's not apologizing for PSG. Continue Reading »

There was a striking juxtaposition at Sunday's match. Continue Reading »

Josh Turek holds a slim lead over GOP rival Ashley Hinson, as some Republicans have acknowledged concerns about Iowa. Continue Reading »

House GOP leaders are tentatively planning another senior-level reconciliation meeting for Wednesday. Continue Reading »

Voters are increasingly upset over the cost of living, turning to candidates with scant political experience. Continue Reading »

A decade after blasting a remarkably similar Iran deal, the Intelligence chair is now treading carefully. Continue Reading »

Joined by Sen. Bernie Sanders, the New York City mayor predicted his endorsed picks are the future of the Democratic Party. Continue Reading »

The vice president is optimistic about diplomacy even as the U.S.-Iran ceasefire threatens to unravel. Continue Reading »

Republicans are increasingly turning to the Capital Research Center’s work in their investigations into nonprofits. Continue Reading »

The new acting DNI told staff at the Office of the Director of National Intelligence late Thursday that he wants a list of about 300 employees to fire in the coming weeks. Continue Reading »

In an administration that rewards political deference, Anthropic’s CEO has repeatedly clashed with the White House. Continue Reading »

Some of Vance’s outside allies describe the role he is taking with the peace agreement as the best among poor options for the vice president. Continue Reading »

President Trump poured out his frustrations with the problems plaguing the Lincoln Memorial Reflecting Pool, saying that multiple people had been arrested and it would likely need to be drained for repairs. The reflecting pool on the National Mall in Washington, D.C., has been plagued by algae and a coating that is sloughing off after a recently completed $14.7 million renovation that was part of the president's project to beautify the nation's capital. On Saturday, Trump blamed the problems on vandals, who he said cut and poured corrosive chemicals into the pool. Continue Reading »

The year after the COVID-19 pandemic reached the United States, a U.S. intelligence official flagged a video circulating online showing a government-funded scientist admitting publicly that his colleagues in China had manipulated spike proteins on coronaviruses. During this time, leading health official Dr. Anthony Fauci continued to double down on his claim his office had not funded gain-of-function research at the Wuhan lab in China where scientists conducted such experiments. Continue Reading »

The venture capital industry is funneling record private capital into American defense technology startups — a sector once considered controversial — in a shift that national security insiders say is transforming the U.S. military-industrial landscape. Continue Reading »

The fight against Jewish terrorism in the West Bank must advance to the next stage and be waged with greater determination. The daily terrorism that is managed, directed, encouraged and supported by the Israeli government can no longer be tolerated. Continue Reading »

U.S. Vice President JD Vance said on Monday talks with Iranian officials in Switzerland ​had laid a "good foundation" for a final peace deal, despite tensions over the Strait of Hormuz and Lebanon. The two sides, trying to build on an interim deal signed last week, ‌agreed to a roadmap towards a permanent agreement within 60 days at the talks in the Qatari-owned Swiss mountain resort of Buergenstock, mediators Pakistan and Qatar said. Continue Reading »

The U.S. military has conduced another strike against a boat accused of smuggling drugs in the eastern Pacific Ocean on Thursday, immediately killing two people and leaving six survivors amid an ongoing campaign against alleged traffickers in Latin America. The latest attack — which now number at more than 60 — brings the number of people who have been killed in boat strikes by the U.S. military to more than 210 people since the Trump administration began targeting those it calls "narcoterrorists" in early September. Continue Reading »

Carrie works as an editor, serves in her church's nursery, and, in her spare time, reads, paints, and spends time with her extensive friend group. Jenna works as a senior-level financial professional. She volunteers with a local Christian nonprofit, teaches Sunday school, and gives her younger siblings advice on their school assignments. Neither of them is a career woman or fits the stereotype of the modern "sexually liberated" woman. They are church-going, socially conservative ladies who want to find a life partner, foster a happy marriage, and start a family — the very things Americans have been doing for 250 years... Continue Reading »

Don't call it a library. The $1 billion Obama Presidential Center opened with huge fanfare last week in a park near the shore of Lake Michigan, but critics say what the public thinks is a library will function as the headquarters of Barack Obama's private foundation, promoting the 44th president's left-wing worldview to future generations. While every other modern presidential library houses that former commander-in-chief's papers for public viewing, the Obama Presidential Center has no such component. Instead, Obama's presidential records are being stored elsewhere, though digital versions may one day be available there... Continue Reading »

On this episode of John Solomon Reports, host John Solomon tackles the ongoing fallout from the New York Times' controversial reporting on the Trump campaign's surveillance allegations. Solomon, alongside colleague Ash Short, presents compelling evidence of FBI abuses, including the release of the FBI's operational spy plan targeting the Trump campaign and findings from the Inspector General's report that highlight significant issues with FISA warrants. The discussion raises critical questions about journalistic integrity and accountability, calling out the New York Times for its handling of the narrative surrounding these serious accusations... Continue Reading »

One of the toughest things in politics is trying to explain that, yes, things are bad, but no, they are not quite as bad as you think. I have yet to find a way to make that argument without it being misunderstood or caricatured. It is an argument that almost every British conservative now finds himself having with American rightists. Yes, things are bad. We have no First Amendment. We had a needless surge of immigration, much of it illegal and involving some seriously bad hombres... Continue Reading »

JD Vance has been at the forefront of President Donald Trump's deal to end the Iran war- giving interviews, releasing videos, and taking charge of a White House briefing. It's a shift in tone for the Vice President, who previously positioned himself as a foreign military intervention skeptic. Could his support for the administration's deal hurt his chances of a 2028 presidential run? Join The Hill's senior vice president of editorial content, Bill Sammon, and political editor Chris Stirewalt to discuss the latest political hot topics and national news in "Whole Hog Politics," including a Q&A with viewers... Continue Reading »

Every year, U.S. News evaluates thousands of universities worldwide on academic research and reputation. This year's Best Global Universities rankings — covering 2,250 schools across more than 100 countries — drops on June 16. Here's a preview of what the data shows. Overall Scope Beyond the overall global ranking, U.S. News will again publish five regional rankings covering universities in Africa, Asia, Australia/New Zealand, Europe, and Latin America, along with more than 50 country-specific rankings. Countries with the largest representation in the country-specific rankings include Canada, China, France, Germany, India, Italy, Japan, the Netherlands, South Korea, Spain, Sweden and the United Kingdom.... Continue Reading »

China has imposed export restrictions on 10 U.S. companies, including two involved in rare earth mining, in retaliation for the Pentagon adding Chinese tech giants to its watch list of military-linked firms. The controls prohibit the export of dual-use items to the American firms and apply to goods of Chinese origin held by entities and persons in other countries, China's Commerce Ministry said on Monday... Continue Reading »

Of all the reasons that Maine residents were given to vote for Graham Platner in his race for the Democratic nomination for the U.S. Senate — and many of them boiled down to beating Donald Trump and Republicans — the most disturbing one came from Bill Maher. After telling his HBO audience ahead of the primary that "we need to restore balance in our government, and a Democratic Senate would help a lot with that," the talk-show host explained that, actually, we are all Graham Platner... Continue Reading »

Andy Burnham is a political insider turned outsider who aims to be Britain's next prime minister. The 56-year-old politician presents himself as an amiable northern everyman who prefers T-shirts to a suit and tie and spends spare time playing soccer or spinning 1990s tunes during DJ battles. He's also an experienced politician whose career has taken him from high-level government jobs to the mayoralty of Greater Manchester, and now to the cusp of the prime minister's office... Continue Reading »

Experts and operators in the adventure tourism industry watched in horror as a video went viral of a young woman in Brazil plunging to her death this month... Continue Reading »

Texas Democrat James Talarico is jumping headlong into his Senate bid against Republican Ken Paxton with a multi-million dollar ad buy, MS NOW has learned. The Senate candidate, who is hoping to become the first Democrat to win statewide in Texas since 1994, is launching what his team is labeling his first "major" ad of the general election — with a focus on the cost of living. In the 30-second spot, shared first with MS NOW, Talarico talks straight to camera while exiting a Red & White food store, a brown paper bag of groceries in hand... Continue Reading »

Many people, including myself, spend a lot of time thinking about the past. And if you're living in the same house you were living in with a spouse, the spouse is all around. Nonetheless, it's not healthy to live in the past; I think we all know that." Joyce Carol Oates is speaking to me from a book-lined room – one that makes you finally understand what "den" means – at her home in Princeton, New Jersey. She teaches at Princeton University as well as teaching advanced creative writing at Rutgers, also in New Jersey. The author turned 88 this month, but she looks little changed from the 1960s, when she came to prominence: weightless like a sprite, focused and serious like a librarian... Continue Reading »

I am not an expert in military matters, geopolitical affairs, or presidential megalomania. But after the decade that all of us have now had observing Donald Trump, it has become a little easier to see around the next corner. Continue Reading »

Sir Keir Starmer has confirmed he will resign as Prime Minister just two years after leading Labour to a landslide election victory. He announced his timetable of resignation outside Downing Street this morning. The resignation makes him the shortest serving Labour Prime Minister in history. "Every decision I have taken has been about putting the country I love first. That is why I will resign as leader of the Labour Party. I have spoken to His Majesty the King this morning to inform him of my decision," he said. Continue Reading »

Repairs To Reflecting Pool Will Begin Immediately, Trump Says, Citing Vandalism Authored by Aldgra Fredly via The Epoch Times, President Donald Trump said on Sunday that work to repair the Lincoln Memorial Reflecting Pool in Washington will begin immediately after it was damaged by vandalism. The Lincoln Memorial Reflecting Pool is refilled after it was repaired and repainting as part of President Donald Trump's “Make the District of Columbia Safe and Beautiful” initiative ahead of America's 250th anniversary in Washington on June 4, 2026. Madalina Kilroy/The Epoch Times The reflecting pool had been renovated ahead of the 250th anniversary of the country's Independence Day on July 4 under Trump's order, which included repainting its surface blue. But problems have emerged in recent days with algae blooming in the pool and peeling paint. Trump said in a Truth Social post on June 21 that he inspected the pool and found it had been "seriously vandalized." He said the pool's condition left him wondering "who would do such a thing," adding that the damage will be fixed. U.S. Attorney Jeanine Pirro told Fox News on Sunday that several citations have been issued to individuals accused of ... Continue Reading »

Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg. The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes. Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the enormity of the deal and the inroads into powering AI directly, Chevron stock was little changed after the cash open: Bloomberg writes that the site near Pecos, Texas, will use natural gas from the Permian Basin to fuel GE Vernova turbines and generate electricity directly for Microsoft's planned data center campus. Because the facility will produce its own power, it will not draw from the grid. “Consumers are concerned about and are already feeling the effect of power-demand growth,” said Jeff Gustavson, Chevron’s president of New Energies. “We specifically designed this, in this part of the country, to avoid any of ... Continue Reading »

Diverging Markets And Converging Talks? By Teeuwe Mevissen, senior macro strategist at Rabobank Financial markets continue to navigate an increasingly complex macro landscape, defined by the interaction of geopolitical shocks, resurgent inflation pressures, and diverging central bank responses. The key theme remains the tension between resilient risk assets—particularly equities—and a more cautious signal emanating from fixed income markets. This divergence reflects a broader uncertainty about the persistence of inflation and the implications for monetary policy and economic growth. Meanwhile Iranian and U.S. negotiators have concluded an initial round of high-level talks in Switzerland, with both sides reporting progress. They agreed on a roadmap aiming for a final peace deal within 60 days. Key outcomes include plans to establish a mechanism to de-escalate the conflict in Lebanon and to ensure safe shipping through the Strait of Hormuz. A joint statement confirmed that further technical negotiations will continue, with some delegations staying in Switzerland. A high-level committee will oversee the next phase of discussions. Although the talks were initially tense—partly due to a social media post by U.S. President Donald Trump threatening Iran—both sides ultimately described the discussions as constructive, noting advances on ... Continue Reading »

Key Events This Week: Core PCE, Global PMIs, Micron Earnings And Fed Talk The main data highlights this week are the global flash PMIs tomorrow, and the US core PCE on Thursday. Elsewhere, other data of interest include the Ifo survey in Germany (Wednesday), Tokyo CPI in Japan (Friday), and CPI reports in Canada (today) and Australia (Wednesday). Also focus will be on the UK where Keir Starmer announced his resignation earlier today and attention will turn on succession planning.  After a hawkish FOMC last week with a clear shift in style from new Fed Chair Kevin Warsh, DB economists now have two 25bps hikes in their Fed forecast while Bank of America raised their forecast and now expect 3 hikes in 2026, reversing its prior no-change forecast on strong data and a hawkish Fed under Chair Warsh. DB warns that the US economy needed tighter policy but were waiting for the meeting to confirm the tightening view. The central scenario sees two rate increases this year, likely in September and December, taking the fed funds rate to around 4.1%, followed by a prolonged pause through 2027. Easing is then ... Continue Reading »

Scottish Court Rules Against Biological Males Being Held In Women's Prisons Authored by Jonathan Turley, There is a major ruling in Scotland where a court declared that it is generally unlawful to house a transgender biological male in a women’s prison. The decision follows the ruling of the top UK court that a woman is defined by her biological gender at birth. The timing is notable as we await a couple of transgender rulings from our own Supreme Court this week. The decisions also highlight the anomaly of police continuing to arrest people who object to transgender policies under the aggressive anti-free speech laws in the United Kingdom. In her published opinion, Lady Ross declared that “in all the circumstances, the prison’s guidance is unlawful.” The decision came after a controversy involving convicted rapist Isla Bryson – formerly known as Adam Graham. Despite being convicted of raping two women in 2023, Bryson was initially sent to the Cornton Vale women’s prison. Scotland continues to crack down on free speech through draconian laws. The Hate Crime and Public Order (Scotland) Act 2021 illustrates how these laws create a slippery slope of speech criminalization as more and more ... Continue Reading »

Momentum: US Issues 60-Day License For Iranian Oil Sales As Tehran Agrees To Hormuz Access, Nuclear Inspections Update(0935ET): As part of the MoU framework, and ongoing technical peace discussions in Switzerland (with US and Iranian teams still though - though Vance and Ghalibaf have at this point departed after their 18-hour first round achievement - Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil - it stated in a huge forward-momentum development. Treasury Secretary Scott Bessent announced on X: Under President Trump and Vice President Vance, we continue to make the world safer and more prosperous. In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country. As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil. Oil dropped to low of day on the significant latest development: Some further details: US AUTHORIZES SOME SALES OF CRUDE OIL OF IRANIAN ORIGIN US LICENSE AUTHORIZES SALES THROUGH TO AUGUST 21, 2026 US LICENSE AUTHORIZES IMPORTATION OF ... Continue Reading »

China Sanctions 10 US Defense, Rare Earth Firms, Restricts 46 From Govt Procurement Weeks After Pentagon Blacklist China said on Monday that it will add 10 American firms to its export control list, including two rare earth firms MP Materials and USA Rare Earth, while also restricting 46 US firms from government procurement, signalling it would respond to Washington’s recent expansion of a military blacklist, even amid a broader stabilization of bilateral ties, the SCMP reported. The Ministry of Commerce said in a statement on Monday that the 10 American firms to be added to the export control list were AVEOX (Simi Valley, California) Red Cat Holdings and Teal Drones (South Salt Lake, Utah) IMSAR (Springville, Utah) Jaia Robotics (Bristol, Rhode Island) Ball Aerospace & Technologies (Broomfield, Colorado) Oshkosh Defense (Oshkosh, Wisconsin) L3Harris Maritime Services (Norfolk, Virginia) MP Materials (Las Vegas, Nevada) USA Rare Earth (Stillwater, Oklahoma) It's notable that China's commerce ministry had already imposed curbs on a number of these listed firms and their subsidiaries, both in 2024 and 2025 over US arms sales to Taiwan. More notably, the inclusion of critical rare earth players like MP Materials and USA Rare Earth underscores Beijing's willingness to weaponize its monopoly ... Continue Reading »

Colombian Bonds, Stocks Rise As Trump-Backed "El Tigre" Defeats Socialist Rival Summary: Colombian Bonds, Stocks Rise as Right-Wing, Trump-Backed Espriella Wins Vote Trump-Backed "El Tigre" Wins Colombia Presidency As Socialist Era Ends Colombian Assets Rise After Trump-Backed Candidate Wins Presidential Election  Colombian-dollar bonds surged across the curve on Monday, led by notes due in 2054, as traders bet that right-wing Abelardo de la Espriella's presidential win will cut taxes, reduce spending, crack down on crime, and reopen the oil industry to unleash an energy revolution. The streets of Bogotá have erupted in celebration after it was announced that El Tigre has won the presidential election. pic.twitter.com/hB9zqgjBZW — Breaking911 (@Breaking911) June 21, 2026 According to Bloomberg data, bonds due in 2054 led the advance, up 0.8 cent to 116.9 cents on the dollar. Colombian 2036 dollar bonds are rising. Peso jumped 1.5%.   Colombia's version of the S&P 500, COLCAP, jumped 4% on Monday, with energy stocks leading, up 7.2%.  Credicorp said Colombian stocks could rise 5% following the election and as much as 20% over the longer term, while local yields could slide by 150-200 bps in the months ahead. BTG Pactual analyst Munir Jalil penned a note earlier today that outlined ... Continue Reading »

Getty Images Soars After Securing "Display Agreement" With OpenAI Getty Images shares jumped 141% in New York premarket trading after the company announced a "display agreement" with OpenAI. The timing could not have been better for Getty, whose stock had been languishing this year, down roughly 55% before the announcement. For a company in need of a sentiment boost, the new partnership with OpenAI, which allows Getty content to be displayed in ChatGPT visual responses and gives users richer, higher-quality, properly licensed imagery, is reviving investor sentiment. About 17% of Getty's float is short, with days to cover at around 4.6. "The agreement enables the use of Getty Images' content for display within ChatGPT, enhancing the richness of visual responses," Getty wrote in a press release. CEO Craig Peters stated, "High-quality, licensed visual content makes AI-powered search and discovery more useful and more trustworthy. This partnership with OpenAI reflects a shared recognition of that, and together we will deliver richer visual experiences to ChatGPT users." Bloomberg noted, "Initially, Getty resisted the technology. It tried developing its own AI image generator and had sued Stability AI, a developer of another popular tool." Getty's earnings in the first ... Continue Reading »

Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks Futures are modestly lower coming off the US holiday weekend, after equities finished higher last week with both Dow and Russell clocking new ATHs and SPX finishing in the green for the 11th time in the last 12 weeks.  As of 8:00am ET, S&P 500 futures edged down 0.1% while Nasdaq 100 contracts are higher by 0.1% with chips outperforming as usual while hyperscalers, aka "check payers" down as all Mag 7 are lower with TSLA (-1.4%) and GOOGL (-1.6%; Google’s DeepMind VP John Jumper is leaving the company to join Anthropic) being the biggest laggards. Overseas, Asian markets mostly higher overnight with China and Japan the big gainers, up over 1.5%. European markets higher, up ~0.3%. Big development over the weekend revolved around US-Iran talks in Switzerland, where both sides ultimately highlighted progress following some earlier headline noise. Donald Trump again threatened strikes on Iran if Hezbollah keeps attacking Israel, & US and Iran set up a communication line to avoid incidents and ensure safe passage of shipping through the Strait of Hormuz. In the UK, PM ... Continue Reading »

Alan Greenspan, Longtime Fed Chair And "Maestro" Of Markets, Dies At 100 Alan Greenspan, the former Federal Reserve chairman who led the central bank from 1987 to 2006, under four presidents, died at 100 from complications of Parkinson's disease, NBC News reported. Greenspan became known as the "maestro" of monetary policy, spanning one of the longest and strongest economic expansions in U.S. history, marked by booming stocks, rising home prices, low unemployment, and confidence that he could steer markets through financial crises. "Alan passed away at our home this morning at the age of 100 from complications of Parkinson's disease," stated his wife of 29 years, Andrea Mitchell, who is the chief Washington correspondent and chief foreign affairs correspondent for NBC News. Mitchell said, "He was a giant of a man who helped shape the U.S. economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes." "To me he was my husband, who shaped my life from our very first date in 1984. He had 'irrational exuberance' for baseball, the Washington Commanders, tennis, golf and music, especially jazz," Mitchell continued, adding, "He will be remembered for his ... Continue Reading »

Ship Traffic Through Hormuz Chokepoint Continues As Normalization Efforts Remain "Fragile" U.S. and Iranian negotiators concluded a lengthy initial round of technical talks, backed by Qatar and Pakistan, with early progress reported. Still, the diplomatic road to a permanent peace deal remains fragile. For now, despite Tehran declaring on Sunday that the Strait was "closed," millions of barrels of crude continue to exit the Persian Gulf through the critical maritime chokepoint.  Bloomberg reports that five laden oil tankers carrying a combined 8 million barrels were seen entering or moving through the strait along the southern part of the Hormuz near Oman's coast before switching off their transponders. One tanker reappeared hours later in the Gulf of Oman, marking a safe passage. The transits suggest CENTCOM's claim that U.S. forces can keep the Omani-side corridor of the maritime chokepoint open, despite Iran's assertion that only the northern, Tehran-approved route is permitted.  Safe passage through the international waterway remained intact today as 55 merchant ships transited, moving large amounts of cargo and more than 17 million barrels of oil to global markets," CENTCOM wrote on X on Saturday morning. Kpler:  Hormuz uptick remains fragile Strait of ... Continue Reading »

Russian Drone Strike Sets Turkish Cargo Ship Ablaze In Black Sea, Killing One An international cargo vessel traversing the Black Sea erupted in flames when it was struck by a Russian drone attack early Monday morning, killing one crew member. The Turkish-owned bulk carrier VICTRESS, which sails under a Panamanian flag, suffered severe damage, the Ukrainian Navy and the Ukrainian Sea Ports Authority (USPA) confirmed in the aftermath. Ukrainian naval image of Turkish vessel up in flames. A maritime rescue operation ensued fairly quickly, with most of the crew evacuated safely to a life raft; however, a 58-year old crew member perished. “Sadly, a member of the crew died. We extend our sincere condolences to his family and loved ones. The remaining eight sailors were evacuated on a life raft,” the USPA said. Such Black Sea deadly drone incidents against foreign vessels off Ukraine are on the uptick. For example just a couple days ago regional sources reported: Ukrainian officials reported that Russian drones targeted two civilian merchant vessels in the Black Sea, one flying Panama’s flag and the other St. Kitts and Nevis’. A sailor aboard the Panama-flagged ship was killed, two were injured—one critically—while three crew on the ... Continue Reading »

Is The AI Spending Boom Creating A Depreciation Time Bomb? Via City AM, Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure. Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs. The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements. The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories.  Google, Meta, Amazon, and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure that will run the artificial intelligence (AI) revolution. Total capex by these four firms is expected to reach $750bn (£560bn) this year, around half the annual spending of the entire UK government. It is much higher than this high-tech quartet has budgeted for before. And it is expected to be even higher next year. Shareholders are on board with the plan, up to a point. Since 2023, the average share price across the four firms has doubled. But that hasn’t kept pace with the average quarterly capex ... Continue Reading »

Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade The Keir Starmer experiment is officially over, as was growing increasingly clear over the weekend, especially with an interestingly-timed Trump Truth Social statement. Just under two years after capturing the keys to Number 10, the British Prime Minister has thrown in the towel after succumbing to an internal party mutiny following days of intense, closed-door speculation regarding his political survival. Stepping up to the lectern outside Downing Street on Monday morning, a visibly defeated Starmer delivered the inevitable verdict to the press. "I will resign as leader of the Labour Party," Starmer announced. via BBC News The Prime Minister confirmed he has instructed Labour's National Executive Committee to draw up a swift succession timetable. Leadership nominations will officially open on July 9, with the entire process scheduled to wrap up before the summer recess. British mediai says that the aggressive timeline ensures a new Prime Minister will be installed well before Parliament reconvenes in September. Starmer's abrupt (but not entirely 'a surprise) exit comes after his center-left Labour Party made it clear they no longer believed he could deliver a future ... Continue Reading »

UK Government Plans To Force Social Media Giants To Boost BBC Content To 'Fight Disinformation' Authored by Steve Watson via Modernity News, The UK government, under the apparently outgoing Prime Minister Keir Starmer, is advancing proposals that would require platforms like Facebook, YouTube and others to make BBC and other public service broadcaster content more prominent in users' feeds. Officials frame the move as essential to combat 'disinformation,' citing Ofcom data that social media serves as the main news source for 51% of adults and 75% of 16- to 24-year-olds. Yes, they want to turn social media into a literal Ministry of Truth. Under plans to further restrict private media firms, news from public service broadcasters would be given priority to fight "disinformation". The proposals will set Sir Keir Starmer on a collision course with tech giants already frustrated by his under-16s social media ban … pic.twitter.com/uOw4Tb9Ybq — The Telegraph (@Telegraph) June 20, 2026 The plans form part of wider efforts to further restrict private media firms and follow directly on the heels of the controversial under-16s social media ban that has already strained relations with tech companies. Public reaction has been swift and scathing. Journalist Allison ... Continue Reading »

Iran's Araghchi Says Talks Delivered "Major Progress" To End Lebanon War, Will Continue For Rest Of Week Summary Round 1 ends: The US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, mediators Iran defiant, sees itself in strong position: Ghalibaf rejects US threats and links talks to a Lebanon ceasefire. Trump raises stakes via some typical Truth Social lashing out: Warns on Hormuz, Lebanon, and keeps military options on the table. Nuclear progress?: Some reports say not addressed, others suggest framework already being worked on. Israel withdraws from Lebanon by July 31, 2026? Yes 12% · No 88%View full market & trade on Polymarket *  *  * US and Iran Make “Encouraging Progress” In Talks On Peace Deal, Will Continue Technical-Level Discussions This Week Contrary to earlier reports from Iran media that US and Iran talks had concluded hours earlier, Bloomberg reported that the US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, mediators said, even as President Donald Trump again threatened strikes if Hezbollah keeps attacking Israel. “Encouraging progress has been made including the creation of a mechanism ... Continue Reading »

Israelis Are Livid Over Trump Ending War, Overwhelmingly Believe Iran Won: Poll After roping President Trump into breaking a core campaign promise, watching the United States expend resources and risk American lives to attack Iran, and then watching Trump take steps to end the war via MOU - Israelis are livid because the US didn't commit to full-on decimation to celebrate America's 250th, and say Iran came out ahead.  According to a survey conducted by the Hebrew University of Jerusalem in partnership with the Agam Institute, 92.1% of Israelis believe Iran came out ahead in the conflict and the US-brokered deal that followed. Even among voters loyal to Prime Minister Benjamin Netanyahu's conservative bloc, 93.1% said Iran won. 82.9% of respondents said the six-week military campaign against Iran left Israel's long-term security weaker, not stronger. Another 86% hold a negative view of both the way the fighting ended and the way Washington negotiated the subsequent deal without meaningful Israeli input. Nearly 88% of Israelis believe their country either fell short of its war aims entirely or achieved only partial success, despite the stated objectives being nothing less than dismantling Iran's nuclear ... Continue Reading »

Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands Authored by Maria Mocerino via Interesting Engineering, The largest Roman bathhouse complex ever discovered in the Netherlands has surfaced, shedding new light on the wealth and importance of the ancient Roman city of Ulpia Noviomagus. Roman bathhouse complex.Nijmegen Researchers from the archaeological firms RAAP and BAAC were conducting routine investigations in Nijmegen's Waalfront district, a site slated for new residential development. The excavation, which began in September of last year and will conclude in July, uncovered a public bathhouse, residential blocks, luxury townhouses, streets, and a tower dating back nearly 2,000 years. "For years, the traces of the Roman past at this location were invisible, hidden deep underground. Now that we are realizing a new living environment here, the past has become visible," said Joost Mulder, BPD's Regional Director for the North-East & Central region, in a press release. The bathhouse complex, or thermae, covered at least 4,900 square meters, making it the second-largest excavated Roman public bath complex in the Netherlands. Despite centuries of stone removal and reuse following the Roman period, parts of the structure remain exceptionally well-preserved. Roman history unearthed The size of the ... Continue Reading »

Fuel Sales Abruptly Halted For Crimean Population As Ukrainian Drones Wreak Havoc A wave of relentless Sunday drone attacks out of Ukraine on Crimea has resulted in a regional cut off to civilian access to fuel, in another sign that UAV attacks on Russian territory are having serious effect. Four people were killed in the series of drone strikes on energy and transport infrastructure in the Russian-controlled peninsula, including attacks near Kerch, a key eastern Crimean port city which is a major energy logistics hub. Reuters/BBC: "Cars queue at a petrol station on the peninsula in early June amid already restricted fuel sales." "As a result of the enemy's drone attack on the Kerch Peninsula, unfortunately, there are casualties among the civilian population," Crimean Governor Sergey Aksyonov announced. "According to the latest information, four people were killed, 28 were wounded," he added. And he also confirmed the fuel crisis for the whole region, saying, "Today, June 21, starting from 09:00 am, fuel sales at Crimean petrol stations have been suspended" - though he added that fuel would only be sold to state enterprises. He made clear in a Telegram post that starting Sunday morning local time gas ... Continue Reading »