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The World in Brief from The Economist
A ceasefire in Ukraine; oil spill near Kharg Island, and more
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Donald Trump said he hoped for a prolonged truce between Russia and Ukraine, after a three-day ceasefire started on Saturday; Sir Keir Starmer faced growing calls to resign after his Labour party received a drubbing in Britain’s local elections on Thursday, losing hundreds of seats, many to the populist-right Reform UK.
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A South Korean giant eyes an American IPO; Trump’s battle over election rules, and more
11:36|SK Hynix, the world’s second-largest chipmaker, said it was looking to raise up to $29.4bn on America’s Nasdaq exchange. Also, a federal judge barred Donald Trump from requiring proof of citizenship to register to vote, after several states sued him over an executive order seeking to change election rules.Stock markets fall on AI fears; Rubio weighs in on Hormuz toll, and more
10:29|Markets continued on their dizzy way, as stocks in Asia first rose then fell in early trading. Also, Marco Rubio warned that “no country is allowed to charge tolls” for passage through the Strait of Hormuz.20260624. Stock markets fall on AI fears; senators deliver rare rebuke to Trump, and more
03:53||Ep. 20260624Global stock markets tumbled as investors worried that American interest rates might rise and that investment in AI will not generate the profits they expected.Stock markets fall on AI fears; Iran says 'no plans' to admit U.N. inspectors, and more
10:30|Global stock markets tumbled as investors worried that American interest rates might rise and that investment in AI will not generate the profits they expected. Also, Iran said it had “no plans” to admit nuclear inspectors. America’s president accused Iran of making “false statements”,America lifts sanctions on Iranian oil; Vance says Iran will host nuclear inspectors, and more
11:15|America lifted sanctions on Iranian oil and petrochemical exports for 60 days. Also, J.D. Vance said Iran had agreed to admit UN nuclear-weapons inspectors.20260623. Starmer out and Burnham on the way in; Vance says Iran will host nuclear inspectors, and more
03:49||Ep. 20260623Andy Burnham was sworn in as an MP.Starmer out and Burnham on the way in; Vance says Iran will host nuclear inspectors, and more
11:05|The former mayor of Greater Manchester is the most probable successor to Sir Keir Starmer as leader of Britain’s Labour Party and thus prime minister. Also, J.D. Vance said Iran had agreed to host UN nuclear weapons inspectors.Keir Starmer resigns; Trump’s threats as first Iran talks conclude, and more
10:22|Sir Keir Starmer resigned as Britain’s prime minister and leader of the Labour party after nearly two years in office. Also, American and Iranian officials concluded a round of talks in Switzerland over the next stage of their peace deal.20260622. America and Iran hold talks in Switzerland; Sir Keir Starmer reportedly set to quit, and more
03:13||Ep. 20260622American and Iranian officials began talks in Switzerland over the next stage of their peace deal.