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Mon, Jun 22, 2026, 8:36 AM EDT

World

AI Summary

  • Global stock markets showed mixed performance as the semiconductor sector extended its gains, while oil prices experienced a downturn attributed to positive US-Iran diplomatic developments.
  • Alan Greenspan, the esteemed former Chair of the US Federal Reserve and a pivotal figure in financial markets, has passed away at the age of 100.
  • Disruptions in vital shipping lanes, specifically the Strait of Hormuz, continue amidst ongoing, yet fragile, normalization efforts between the US and Iran.
  • Significant geopolitical tensions have escalated with a Russian drone strike resulting in a Turkish cargo ship being set ablaze in the Black Sea, causing one fatality.
  • The rapid expansion of artificial intelligence investment is raising concerns about a potential future 'depreciation time bomb' within the industry.

ZeroHedge

  • Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks an hour ago by Tyler Durden

    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

  • Alan Greenspan, Longtime Fed Chair And "Maestro" Of Markets, Dies At 100 an hour ago by Tyler Durden

    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

  • Iran Agrees To Invite Nuclear Inspectors Back As Vance Hails 'Great Progress' After A Little 'Threatening & Whining' an hour ago by Tyler Durden

    Iran Agrees To Invite Nuclear Inspectors Back As Vance Hails 'Great Progress' After A Little 'Threatening & Whining' Axios is reporting Monday morning Iran has agreed to invite IAEA inspectors back to the country, according to fresh words of Vice President J.D. Vance , who focused all day prior and much into the overnight on forging a path forward toward permanent peace. The two sides are seeking to hammer out a long-term nuclear agreement, now amid the technical talks process, as delegation heads depart Switzerland - leaving diplomatic teams behind. The 60-day roadmap begins . If indeed the UN nuclear

  • Ship Traffic Through Hormuz Chokepoint Continues As Normalization Efforts Remain "Fragile" 2 hours ago by Tyler Durden

    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

  • Russian Drone Strike Sets Turkish Cargo Ship Ablaze In Black Sea, Killing One 3 hours ago by Tyler Durden

    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


The Guardian

  • Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon a day ago by Rachel Savage in Durban and Pietermaritzburg. Photographs by James Oatway
    South Africa, Ultrarunning, World news, Africa, Sport

    For one day every June, South Africa’s searing racial inequality seems to melt away at Comrades race In the early morning dark, thousands of runners waited, jostling with anticipation. South Africa’s national anthem rang out. Then the haunting swell of Shosholoza , first sung by Zimbabwean migrant workers in South Africa’s goldmines. Finally, that unmistakable, spine-tingling piano: Chariots of Fire. Runners gather before the start of the marathon Continue reading...

  • Ghana conference calls for formal apology for transatlantic slave trade 3 days ago by Carlos Mureithi in Accra
    Reparations and reparative justice, Ghana, World news, Africa, Colonialism, Caribbean

    Global framework for reparatory justice adopted at event includes demand for compensation and debt relief More than money: the logic of slavery reparations A global framework for reparatory justice has been adopted at a conference in Ghana, as African and Caribbean leaders demanded formal apologies from countries that benefited from the transatlantic slave trade. Heads of state and government and other officials formally approved the strategy on Friday at a gathering in a hotel in the capital, Accra, which was the first major meeting since the adoption of the landmark United Nations (UN) resolution declaring the trafficking of enslaved Africans

  • CDC to tap $107m in emergency funding for Ebola response in DRC and Uganda 4 days ago by Jessica Glenza
    Trump administration, Ebola, Democratic Republic of the Congo, Uganda, Infectious diseases, Health, US news, Africa

    Number of people infected now tops 1,000 though health officials say the global risk remains low Sign up for the Breaking News US newsletter email The Centers for Disease Control and Prevention (CDC) will tap $107m in emergency funding for Ebola outbreak response in the Democratic Republic of the Congo ( DRC ) and Uganda , officials said on Thursday. The continued Ebola outbreak in the DRC comes as Canada, Mexico and the US jointly host the Fifa World Cup , attracting visitors from around the world. The officials said the outbreak, now the third largest on record, required “strong

  • Barbados prime minister announces manifesto for slavery reparations 4 days ago by Natricia Duncan Caribbean correspondent
    World news, Caribbean, Barbados, Americas, Reparations and reparative justice, Race, Africa

    Updated document, which emphasises harm done to African women, is being considered by other Caribbean countries Barbados’s prime minister, Mia Mottley, has announced a new manifesto from Caribbean leaders asserting the “moral, ethical and legal case” for reparations over damage caused by hundreds of years of enslavement. Mottley was speaking at a “historic” conference in Ghana to advance the push for reparatory justice after the United Nations adopted a landmark resolution declaring the trafficking of enslaved Africans as the gravest crime against humanity. Continue reading...

  • South African men sentenced in ‘world’s largest’ rhino horn trafficking case 4 days ago by Rachel Savage in Johannesburg and agencies
    South Africa, Illegal wildlife trade, Animals, Wildlife, Conservation, Environment, Africa, World news

    ‘Mastermind’ Dawie Groenewald given fine of 2m rand or four-year jail term almost 16 years after arrest Two traffickers of rhino horns have been sentenced by a South African court in what police said was the world’s largest such case, partly bringing to an end an almost two-decade legal saga. Dawie Groenewald and Tielman Erasmus had faced more than 1,700 charges ranging from illegally hunting and dehorning rhinos to racketeering and money laundering. Continue reading...


South China Morning Post

  • Alan Greenspan, former US Fed Reserve chair, dies aged 100 an hour ago by Reuters

    Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged ⁠100, NBC News reported. Greenspan, who exerted a powerful influence on the US economy ⁠during his tenure at the helm of the Fed from August 1987 to January 2006, died at his home ⁠from complications of Parkinson’s disease, NBC reported, citing his wife Andrea Mitchell, who is the outlet’s chief Washington...

  • Starmer announces resignation, making way for UK’s seventh prime minister in a decade 5 hours ago by Andrew London

    Keir Starmer announced his intention to step down as Britain’s prime minister on Monday, succumbing to intense party pressure as his popularity plummeted and rivals manoeuvred to challenge him. “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,” an emotional Starmer said in a short speech outside 10 Downing Street in London. Starmer, who up until Monday had resisted calls to stand aside, said he would remain...

  • China defends role in global supply chains amid Strait of Hormuz crisis 7 hours ago by Ji Siqi

    China’s proactive role in stabilising global energy and fertiliser markets amid the Strait of Hormuz crisis shows the country is a defender of global supply chains, rather than a disruptive force as “hyped” by the West, Vice-Premier Ding Xuexiang said on Monday. “The fact that Chinese manufacturing never falters or fails at critical moments fully proves that China is a participant, a builder and a defender of the global supply chain,” Ding said during the opening ceremony of the fourth China...

  • ‘Lying flat’ goes mainstream, Singapore mall finds God: 5 weekend reads you missed 9 hours ago by SCMP

    We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. How ‘lying flat’ went from a niche subculture to mainstream phenomenon 2. The hidden cost of China’s electric car boom: a spiralling roadworks bill 3. Sin to salvation: how Singapore’s most notorious mall found God 4. Hong Kong TV host Lillian Sze loses battle with ovarian cancer 5. 100kg dad...

  • Qatar gas site blast leaves 18 missing, at least 54 injured 11 hours ago by Associated Press

    An explosion tore through Qatar’s key natural gas export terminal on Sunday night as workers tried to resume operations there after Iran bombed it during the war, causing a fire that hurt at least 54 people as another 18 were still missing hours later. The blast at the Ras Laffan industrial area – the world’s biggest LNG export plant – could cause further chaos in global energy markets, particularly as Qatar remains one of the world’s top natural gas producers. Qatar shut down its production...


New York Times

  • First Round of U.S.-Iran Talks Concludes, Mediators Say 4 hours ago by The New York Times

    Qatari and Pakistani officials said there was “encouraging progress” toward a lasting peace deal during talks in Switzerland. But strains over Lebanon were apparent, and President Trump renewed threats against Iran.

  • U.K. Live Updates: Starmer Announces Resignation; Burnham Wins Key Endorsement an hour ago by The New York Times

    Prime Minister Keir Starmer stepped down as leader of the governing Labour Party. Andy Burnham, the party’s most popular politician, said he would seek the prime minister’s job and secured the support of a potential rival.

  • Who Is Andy Burnham, the Man Who Could Be Britain’s Next Prime Minister? 3 hours ago by Stephen Castle
    Burnham, Andrew M (1970- ), Content Type: Personal Profile, Great Britain, Elections, Legislatures and Parliaments, Labour Party (Great Britain), Starmer, Keir, internal-open-access-from-nl, Politics and Government

    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.

  • The Key Players in the U.S.-Iran Talks, and the Deadly Rise of Giant Trucks and S.U.V.s 3 hours ago by Will Jarvis, Margaret Kadifa, Jake Lucas, Ian Stewart, Michael H. Keller and Alexis Soloski
    United States International Relations, United States Politics and Government, Traffic Accidents and Safety, Iran, internal-open-access-audio

    Plus, the “Steven Spielberg of sitcoms.”

  • Alan Greenspan, Fed Chairman Through Prosperity and Crisis, Dies at 100 an hour ago by Richard W. Stevenson
    Greenspan, Alan, Deaths (Obituaries), Federal Reserve System, United States Economy, Inflation (Economics), Recession and Depression

    The pre-eminent economic policymaker of his time and a skilled political operator, he favored market-friendly stances that would later come to be associated with destructive financial forces.


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