The World in Brief from The Economist

Israel and Hizbullah agreed to an immediate ceasefire, according to American officials. Also, government ministers urged Sir Keir Starmer to set a timetable for his resignation.

Andy Burnham won a by-election in Makerfield, setting him up to challenge Sir Keir Starmer as leader of Britain’s Labour Party. Also, J.D. Vance delayed a planned trip to meet Iranian negotiators in Switzerland, citing logistical issues.

America’s vice-president, J.D. Vance, scolded Israeli cabinet members for criticising Donald Trump’s deal with Iran.

America’s vice-president, J.D. Vance, scolded Israeli cabinet members for criticising Donald Trump’s deal with Iran. Also, Ukraine attacked Moscow with nearly 200 drones, 

Donald Trump signed the memorandum of understanding to end America’s war with Iran. Also, the Federal Reserve left its benchmark interest rate unchanged, at 3.5% to 3.75%, after Kevin Warsh’s first policy meeting as chair.

America released details of its 14-point memorandum of understanding with Iran.

America released details of its 14-point memorandum of understanding with Iran. Also, the Federal Reserve left its benchmark interest rate unchanged, at 3.5% to 3.75%, after Kevin Warsh’s first policy meeting as chair.

Iran’s foreign minister said the war with America would not “fully come to an end” until Israel withdraws its troops from southern Lebanon. Also, SpaceX shares rose 4.5% in pre-market trading ahead of its fourth day on the public markets.