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US-Iran Talks Still On, Says Diplomat, Denying Walkout Reports
A diplomat at the Switzerland talks stated that the Iranian delegation has not left and US-Iran talks are ongoing, contradicting earlier reports of a walkout over Trump's threats.
Iran: Steps to Release Frozen Assets Taken with Qatar; No Talks Without Lebanon War End
An Iranian negotiating team member said executive steps to release frozen assets have been taken with Qatari participation, and warned that talks on other issues will not proceed without an end to the war in Lebanon.
Brexit Vote 10 Years On: Reflecting on the Landmark Referendum
A friend reminded the author that 10 years ago on June 16, they were in Dublin preparing to host an event on the likely impacts of a Brexit vote.
Iranian Team Quits Talks in Switzerland Over Trump Threats
Iran's negotiating delegation has left the venue in Switzerland in protest over President Trump's threats, citing a violation of a June 18th memorandum that bars the use of threat or force, according to Iranian state media.
Leveraged SK Hynix ETF AUM Hits Record $13B in Hong Kong
Assets in the 2x Leveraged Long SK Hynix ETF listed in Hong Kong have reached a record $13 billion, more than tripling in two months. It is now the second-largest ETF among roughly 250 listed in the city and accounts for 13% of total local ETF assets.
Trump Warns Iran to Stop Proxies in Lebanon, Threatens Severe Response
Donald Trump posted on Truth Social, demanding that Iran immediately stop its proxies in Lebanon from causing trouble, warning of a stronger military strike if they do not comply.
US Economic Data Week: PCE, GDP, PMI, Consumer Sentiment
A busy week of US economic data includes S&P Global PMI, new home sales, PCE inflation, Q1 GDP revision, and consumer sentiment. Inflation remains the focus.
Iran Warns Israeli Presence in Lebanon Would Void US-Iran Peace Deal
Iran warned that continued Israeli military presence in southern Lebanon would nullify the US-Iran peace agreement, as Israel's defense minister confirmed no withdrawal from the area.
NSA Confirms Mythos Breached Classified Networks Within Hours
The NSA has confirmed that an entity known as 'Mythos' penetrated nearly all classified systems within hours, marking a significant cybersecurity incident.
IAEA Director Meets Swiss FM on Iran Developments
The head of the International Atomic Energy Agency met with the Swiss Foreign Minister in Burgenstock to discuss the latest on Iran and the agency's role.
Iranian Foreign Minister Meets Swiss Counterpart in Burgenstock
Iranian Foreign Minister Abbas Araghchi met Swiss Foreign Minister Ignazio Cassis in Burgenstock on Sunday, marking the first official event of the Iranian delegation’s visit to Switzerland.
Warsh Holds Fed Rate Steady, Vows to Make Policy Unreadable for Markets
Kevin Warsh kept the Fed's benchmark rate unchanged at 3.50%-3.75%, but his first press conference as chair signaled a radical shift toward opacity, dismantling the forward-guidance framework markets have relied on for a decade.
Iran Oil Sector Eyes Major Investment Opportunities Post-Agreement
Iranian official Paknejad said the country's oil sector is preparing to offer significant investment opportunities globally once an agreement is reached, with hundreds of projects and contracts ready for signing.
Iran Oil Minister Says Industry Key Test for US Peace Deal
Iran's Oil Minister Mohsen Paknejad stated that the country's oil sector will serve as a critical testing ground for any final peace agreement with the US, provided Western parties remain committed to the deal's spirit.
India to Hold Off on US Trade Deal Until Tariff Advantage Secured
India's Commerce Minister Piyush Goyal stated that while the framework for a trade deal with the US has been finalized, India will not implement the agreement until it secures a tariff advantage.
Iranian Newspaper Editor Revives Claim That Bahrain Is Part of Iran
Hossein Shariatmadari, editor of the hardline Iranian newspaper Kayhan, has stated that Bahrain is historically part of Iranian territory and was separated through a conspiracy involving the former Shah, the UK, and the US.
European CLO equity default raises credit-market red flags
A European collateralized loan obligation managed by Bain Capital affiliates has defaulted on its most junior tranche, the first such equity default since post-2008 regulatory reforms.
Wealthy Americans Increasingly View Economic System as Rigged
A growing number of affluent Americans believe the economic system is stacked against them, citing rising living costs, housing affordability, taxes, and healthcare expenses.
German Farmers Face Liquidity Squeeze as Crop Prices Fall, Costs Rise
Falling agricultural prices and rising input costs are squeezing margins for German farmers, raising the risk of a liquidity crunch across Europe's largest economy.
JD Vance Warns Israeli Critics of Iran Deal: Trump Is Your Only Ally
US Vice President JD Vance issued a sharp warning to Israeli officials opposing the US-Iran agreement, stating that President Trump remains Israel’s only major ally.
Bears Warn US Stocks Most Overvalued in 100 Years as Retail Buying Hits Record
A growing group of market bears argue that U.S. equities show signs of a major top, citing record valuations, surging retail participation, high leverage, and AI-fueled exuberance.
Wall Street Moves Toward 24-Hour Trading; Banks and Exchanges Build Always-On Markets
Major U.S. banks, trading firms, and stock exchanges are working to enable 24-hour trading for stocks and other assets, mirroring the round-the-clock nature of cryptocurrencies and global electronic markets.
Economists Unanimous on AI Productivity Gains but Split on Job Impact
A survey of 16 prominent economists reveals a consensus that artificial intelligence will significantly boost productivity, yet deep divisions remain over its effects on employment and wages.
US to Push Iran for UN Nuclear Inspections in Exchange for Sanctions Relief
The United States is expected to press Iran for UN nuclear inspections during upcoming talks, with billions in frozen assets as potential leverage.