Tehran has about three-quarters of the munitions it had before the war and can easily build it up further, according to intelligence assessments. Iran launched more than 1,850 missiles around the region from February 28 to April 8. US and Israel destroyed about two-thirds of Iran’s launchers in the first month of the war.
Kevin Warsh will chair his first meeting of the Federal Reserve's rate-setting committee this week. Inflation is at a three-year high, but Warsh still faces unrelenting pressure from the White House to lower interest rates. The Fed has a dual mandate to keep inflation to its long-term 2% target and ensure maximum employment.
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During the World Cup, Europeans are discovering the wonders of America and sharing it on social media. The majority of these travel accounts are road trips of Europeans, who are used to biking everywhere with a baguette under their arm. They are even posting maps, covering hundreds of miles like latter-day Lewis and Clarks. America is essentially founded on the practice of driving.
A "super El Niño" climate pattern is expected to develop this year, which could disrupt global weather systems and place severe pressure on international food supply chains. The United States relies heavily on foreign imports for its food and beverage supply, particularly fresh fruits and vegetables. The leading U.S. agricultural imports are processed food and beverages, and tropical products, with Mexico, Canada, European Union, and China being the top trade partners. Rice is the most vulnerable imported product, followed by coffee, cocoa, palm oil, and sugar.
Nara Organics Whole Milk Organic Powdered Infant Formula has been recalled due to an outbreak of infant botulism. At least three children have been hospitalized since April with the illness. The product was available for purchase at Target stores, Target.com and Nara.com between July 2025 and June 2026.
President Trump is going to France for a G7 summit. The U.S.-led war in Iran is likely to dominate the agenda. Trump has been at odds with European leaders over trade, Ukraine and security since his return to office. Some analysts say the friction in the relationship has had an unintended consequence of strengthening European cohesion.
The Trump administration dropped a bombshell on leading AI lab Anthropic late on a Friday afternoon. Dario Amodei, the boss of Anthropic had just released Fable, a constrained version of its world-leading Mythos large language model (LLM).
Trump is said to have banned Netanyahu from taking further steps on Monday. Pressure on Netanyahu is increasing within the coalition. The USA-Iran agreement will probably contain provisions that will make it more difficult for Israel to continue the war against the Lebanese Hezbollah. The crucial question is how Iran will react to the attack on its Lebanese ally.
Iran says a deal with the US could be signed within the coming days. Washington wants to get rid of Iran's nuclear material. The IMF wants Kiev to raise taxes on regular Ukrainians to pay off the national debt. There is outrage in Kenya as the US seeks to set up an Ebola quarantine facility to serve American citizens.
In the US the new Fed Chair Kevin Warsh held rates steady at 3.5% to 3.75%. Eurozone inflation hits 3.2%. Central Bank Benchmark Rate Core Inflation 2026 GDP Projection: Fed 3,5%, ECB 2,25%, BoE 3,75%, KVI 2.8%, KOSPI 200 1.4%.
Since Görlitzer Park in Berlin was closed at night, the drug trade has moved to a residential building on Reichenberger Strasse. Families, students and pensioners report doors being kicked in, noise at night and threats. The CDU and the Greens argue about the consequences of the park closure.
France has emerged as a significant actor in the Eastern Mediterranean. France’s policy has evolved into a multi-layered strategy involving diplomacy, military, and security. Since the major gas and the recent developments between 2024 and 2026, France's approach rests on three pillars: support for French corporate activity, especially through TotalEnergies, a military and a security, and a more pragmatic approach.
By midnight Monday, June 15, the state Legislature must pass a balanced state budget. Gov. Gavin Newsom wants to withhold $3.9 billion from next year’s state funding for schools and community colleges. The money is about $684 per student, depending on how it's distributed. School districts say they need the money now, not later.
The Israeli Air Force struck a Hezbollah target in Beirut's southern suburbs on Sunday. It was Israel's first strike in a week in the Dahiyeh district, a Hezbollah stronghold. At least three people were killed and 14 were injured in the strike. The military published footage of the attack, saying it hit a Hezbollah command center. Hezbollah fired three drones into military zones in northern Israel earlier today.
The German Lawyers’ Day 2026 took place in Freiburg. It was organized by the German Lawyers' Association (DAV). AI providers and large hyperscalers are responsible for the change in the legal profession. Small and medium-sized law firms could benefit more from the AI transition than many assume.
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L.A. County’s Measure ER is in the lead, while Contra Costa County's Measure B was defeated by 57% to 43%. Both counties lean heavily Democratic and have high sales taxes. The stakes are high as up to 3 million Californians are at risk of losing Medi-Cal coverage by 2028.
After 53 years, the New York Knicks are NBA champions. Jalen Brunson scored 45 points in a Game 5, close-out game to defeat the San Antonio Spurs, 94-90, on the road. Brunson was born in South Jersey, went to high school in the Chicago suburbs and played college ball in Philly.