World
AI Summary
- The U.S. and Iran have reached a conditional peace deal, potentially easing tensions and impacting global oil flows, though market participants remain cautious about its long-term implications.
- Nvidia's significant debt offering and a parabolic rise in AI-related debt signal a frenzied market for artificial intelligence, while Huawei considers expanding its AI chip deployment in Latin America.
- Fox Corporation's $22 billion acquisition of Roku aims to establish a next-generation media powerhouse, reflecting major shifts in the media and streaming landscape.
- The operation of America's largest wind farm is set to commence this month, highlighting progress in renewable energy infrastructure amidst broader industrial production disappointments in the U.S.
- Global attention is also drawn to concerning trends such as a 40% surge in violent attacks on schools worldwide and ongoing investigations into the use of conflict minerals by major brands.
ZeroHedge
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What Could Break The Bull Market This Summer
23 minutes ago
by Tyler Durden
What Could Break The Bull Market This Summer Authored by Lance Roberts via RealInvestmentAdvice.com, Key Takeaways After nine straight up weeks, the bull market pullback we flagged finally arrived, and it stopped cold at the 50-day moving average. The selloff reset an overbought tape without breaking trend. RSI fell from above 70 to the low 40s, and Thursday’s bounce came on broad participation. Our Money Flow Breadth Ratio ticked up to 60%, back in buy territory, and we’re holding equity exposure at 100%. The bigger risks haven’t gone anywhere: record margin debt, fading retail demand, and a 10-year Treasury that
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Apollo Picks Austin Over New York As Wall Street's Migration South Continues
43 minutes ago
by Tyler Durden
Apollo Picks Austin Over New York As Wall Street's Migration South Continues It's not just Citadel that's moving out of New York. Apollo Global Management has chosen Austin, Texas, as its second headquarters, according to sources familiar with the decision. The firm, which manages about $1 trillion in assets, evaluated Austin, Miami, Palm Beach, and Nashville before CEO Marc Rowan selected Austin, according to Financial Times . The new office is expected to host most future hiring as Apollo expands beyond its longtime New York base. While the decision has been communicated internally, it is not yet final. Austin's appeal
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America's Largest Wind Farm To Begin Operations This Month
an hour ago
by Tyler Durden
America's Largest Wind Farm To Begin Operations This Month Authored by Naveen Athrappully via The Epoch Times, The SunZia Wind Project, the largest wind farm in the United States, is scheduled to kick off operations this month, roughly three years after construction activities began on the project, the Energy Information Administration (EIA) said in a June 12 statement. “The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 megawatts (MW) and is composed of 916 wind turbines,” the EIA said. “SunZia’s capacity is more than three times larger than the next two largest wind
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U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows
2 hours ago
by Tyler Durden
U.S.-Iran Deal Doesn't Mean A Swift Return Of Oil And Gas Flows Authored by Tsvetana Paraskova via OilPrice.com , A U.S.-Iran agreement could reopen the Strait of Hormuz, but shipping and production will not immediately return to normal. More than 10 million bpd of Middle Eastern oil production has been shut in, and some fields may take months to restart fully. Iraq faces a slower recovery than Saudi Arabia or the UAE because its southern exports depend heavily on access through Basrah. The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil
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First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious
2 hours ago
by Tyler Durden
First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week, according to OilPrice.com While tanker owners and operators remain cautious about rushing to send vessels to the area or having the ones inside the Persian Gulf move quickly toward Hormuz, one LNG tanker passed through the Strait today, carrying LNG to India. The LNG tanker Disha cleared Hormuz
The Guardian
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South African jazz pianist Abdullah Ibrahim dies aged 91
an hour ago
by Benjamin Lee
Jazz, South Africa, Africa, Music, CultureThe accomplished musician, who recorded over 70 albums in his career, died peacefully in Germany after a short illness The South African jazz composer and pianist Abdullah Ibrahim has died at the age of 91. His family announced his death in a statement released on Monday. Continue reading...
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Violent attacks on schools, pupils and staff around the world up by 40%, says study
14 hours ago
by Sarah Johnson
Global development, Children, Education, Conflict and arms, Society, International law, Human rights, Schools, Lebanon, Special educational needs, World news, Middle East and north Africa, Geneva conventions, Law, Nigeria, Africa, Myanmar, Cameroon, Yemen, Colombia, HaitiCases reported in 83 countries, with at least 10,600 students and staff killed, injured, abducted or arrested, GCPEA says Attacks on education globally have surged by 40% with more than 8,556 recorded incidents and 10,600 students and staff killed, injured, abducted, arrested or otherwise harmed in 2024 and 2025, according to new research. Attacks were reported in 83 countries, with the highest incidences recorded in Colombia, the Democratic Republic of the Congo, Ethiopia, Haiti, Palestine and Ukraine. Continue reading...
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London council seizes social housing flat rented by Sierra Leone first lady
4 days ago
by Sundus Abdi
Social housing, Housing, Communities, Society, London, UK news, Local government, Sierra Leone, AfricaFatima Jabbe-Bio kept tenancy in Southwark despite living for much of year at presidential lodge in Freetown A social housing flat rented by Sierra Leone’s first lady has been seized by a London council. Southwark council confirmed it had repossessed the two-bedroom home in Walworth previously occupied by Fatima Jabbe-Bio, whose tenancy was reported by the Times last year. Continue reading...
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Trump targeting immigrants from countries hit most by climate shocks
5 days ago
by Oliver Milman
US immigration, Climate crisis, Refugees, Trump administration, Donald Trump, Fossil fuels, Hurricanes, Extreme heat, Flooding, Drought, Wildfires, Extreme weather, Pollution, Environment, United Nations, Chad, Niger, Sudan, Somalia, Sierra Leone, Honduras, Syria, Haiti, Africa, Americas, Caribbean, Middle East and north Africa, US politics, US news, World newsA Guardian analysis reveals how most of 39 countries facing US entry restrictions are most vulnerable environmentally ‘Every day it’s more barriers’: how the US is shutting out climate refugees Donald Trump ’s immigration crackdown is largely targeting people from the countries most vulnerable to displacement from climate-driven disasters, a Guardian analysis shows. As the Trump administration pushes policies to boost planet-heating fossil fuels , millions of people are being forced to flee their homelands due to storms, floods and droughts worsened by the climate crisis . Continue reading...
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Global brands ‘likely’ using mineral that funds rebels accused of atrocities in DRC, investigation finds
6 days ago
by Mark Townsend
Global development, Conflict and arms, Mining, Technology, Democratic Republic of the Congo, Rwanda, Africa, Amazon, Sony, Microsoft, Nvidia, World news, Business, Human rightsAmazon and Sony among firms that may have sourced coltan, used in phones, from supply chains controlled by the M23 rebels, says Global Witness Leading global brands including Amazon, Ericsson and Sony are “likely” to have sourced minerals linked to a militia accused of widespread sexual violence, summary executions and torture, a new investigation claims. The companies allegedly, but unknowingly, acquired coltan smuggled from mines in the Democratic Republic of the Congo (DRC) that are occupied by the M23 militia , which has committed myriad atrocities in eastern DRC. Continue reading...
South China Morning Post
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Hungarian parliament rules out Orban return with 8-year limit for prime ministers
37 minutes ago
by Agencies
Hungary’s parliament approved a constitutional amendment on Monday that allows prime ministers to serve for a maximum of eight years, effectively barring former premier Viktor Orban from holding the role again. Prime Minister Peter Magyar ousted Orban in an election in April after 16 years, gaining a two-thirds majority in parliament that allows his party to roll back or change legislation passed by Orban’s Fidesz, including the constitution. The amendment was a key campaign promise of...
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Trump to hold political rally on July 4 to mark US 250th anniversary
an hour ago
by Agence France-Presse
US President Donald Trump announced plans on Monday for a major “rally” in Washington on the July 4 Independence Day, further imposing his political brand on celebrations of the United States’ 250th anniversary. The announcement comes a day after the Republican billionaire staged a mixed martial arts fight on the White House lawn – on what just happened to be his 80th birthday – with military honour guards and Air Force flyovers. Trump had previously posted that another event on June 24 would be...
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US, Iran electronically sign Hormuz deal ahead of formal ceremony
an hour ago
by Nayan Seth,Mark Magnier
A senior US official on Monday said that President Donald Trump and Vice-President J.D. Vance had signed the memorandum of understanding electronically with Iran to formally reopen the Strait of Hormuz and end the American blockade of Iranian ports. The official also claimed Iranian Parliament Speaker Mohammad Bagher Ghalibaf signed the document on Tehran’s behalf. “The president wanted to sign it personally because he wanted to show his dedication to the process and dedication to seeing this...
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EU says China trained Russian troops as bloc weighs tougher stance on Beijing
2 hours ago
by Finbarr Bermingham
The European Union’s top diplomat, Kaja Kallas, said on Monday that the bloc has verified reports that China’s military has been “training Russian military personnel to fight in Ukraine”, a development that could deepen tensions between the two sides. Kallas, speaking after chairing a meeting of the EU’s 27 foreign ministers in Luxembourg, said that the EU was “carefully assessing the implications” of the assessment, adding that the ministers had agreed to sanction several Chinese entities...
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34 fetuses found in Polish doctor’s garden
4 hours ago
by Agence France-Presse
A Polish doctor has been taken into custody after 34 human fetuses were found buried in the garden of her former home, the authorities said on Monday. Magdalena H. – a 57-year-old medical pathologist with no previous criminal record – is suspected of using the fetuses to perform experiments and now faces up to 12 years in prison. Her case has whipped up a storm in traditionally Catholic Poland, with many questioning how she managed to obtain the unborn babies’ bodies in a country with some of...
New York Times
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Trump Winds Down the War He Started With Goals Unmet
4 hours ago
by Erica L. Green and Zolan Kanno-Youngs
US and Israeli Attack on Iran (2026), Iran, Strait of Hormuz, International Relations, United States Politics and Government, United States International Relations, Nuclear Weapons, Peace Process, Embargoes and Sanctions, International Trade and World Market, Group of Seven, Trump, Donald J, United States, Oil (Petroleum) and GasolineWhile the president says the agreement with Iran would open the Strait of Hormuz and provide economic relief, the country’s nuclear program is still a subject for negotiation.
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Israel Counts the Ways That Netanyahu’s Iran Strategy Failed
5 hours ago
by David M. Halbfinger and Ronen Bergman
US and Israeli Attack on Iran (2026), Iran-Israel War (2025- ), Politics and Government, Nuclear Weapons, Netanyahu, Benjamin, Trump, Donald J, Israel, IranThe U.S.-Iran framework agreement appears to omit some of the most important provisions that Israel wanted.
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Frustrated by Courts, Trump Weighed Suspending a Constitutional Right
an hour ago
by Maggie Haberman and Jonathan Swan
United States Politics and Government, Habeas Corpus, Insurrection Act (1807), Illegal Immigration, Trump, Donald J, Miller, Stephen (1985- ), Will Scharf, Federal Actions in US Cities, Immigration and Customs Enforcement (US), Abrego Garcia, Kilmar Armando, Good, Renee Nicole (1988-2026), Pretti, Alex Jeffrey (1988-2026), Vance, J D, Wiles, Susie, Minnesota, El SalvadorSecret memos show that the White House debated last year, to a greater degree than previously known, whether to limit habeas corpus rights for undocumented immigrants.
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What Is Habeas Corpus, and Why Are Trump Officials Talking About Suspending It?
an hour ago
by Amanda Holpuch
United States Politics and Government, Habeas Corpus, Illegal Immigration, Presidential Power (US), Law and Legislation, Noem, Kristi, Miller, Stephen (1985- )Administration officials have suggested suspending a legal principle that protects against unlawful detention, and struggled to accurately define it.
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Kennedy Seeks to Expedite Appeal of Ruling That Blocked His Vaccine Policies
an hour ago
by Apoorva Mandavilli
United States Politics and Government, Vaccination and Immunization, Federal Courts (US), Children and Childhood, Executive Orders and Memorandums, American Academy of Pediatrics, Centers for Disease Control and Prevention, Kennedy, Robert F Jr, Murphy, Brian E (1979- )The health secretary is trying to restart the work of a panel that advises the government on vaccines, after a judge froze its decisions and prevented it from meeting.