Finance news

Argentina edges back to China on currency swap despite US pressure

Argentina’s top central banker sat down with his Chinese counterpart in Shanghai, a quiet overture towards Beijing months after Buenos Aires moved to unwind a currency lifeline that Washington had pushed it to abandon. Santiago Bausili, president of the Central Bank of the Argentine Republic, met People’s Bank of China governor Pan Gongsheng on the sidelines of an international symposium organised by the Bank for International Settlements and China’s central bank, according to a statement from..

Gavin Newsom accuses Trump of directing Justice Department to investigate him

California ⁠Governor Gavin Newsom on Monday accused US President Donald Trump of directing the Justice Department to undertake a politically motivated investigation of him and his wife. “Donald Trump isn’t just coming after me because of my mean tweets,” Newsom said in a ‌video statement posted to social media. “He’s coming after me because I am considering running for President.” The Justice Department and the White House did not immediately respond to a request for comment. Newsom said federal

◇ unclassifiedgermany · europe · china

“Myth” and “Fable 5”: What the American Anthropic ban means for Europe

The US government is cutting off the rest of the world from Anthropic's most powerful AI models. What does this mean for German companies? And is China now benefiting? Answers to the most important questions.

Anthropic against the US government: The AI warning shot

The US government's export ban on the Mythos Anthropic model was a brutal maneuver and was intended to alarm the entire world. The lesson for Europe can only be to reduce its dependence on the USA.

US judge dismisses Elon Musk’s xAI trade secret lawsuit against OpenAI

A federal judge on Monday dismissed a lawsuit by Elon Musk’s artificial intelligence company, xAI, that accused rival Sam Altman’s OpenAI of stealing ‌trade secrets for chatbots. US District Judge Rita Lin in San Francisco, California, said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li, a Chinese national, to divulge confidential information related to its Grok chatbot, or that OpenAI engineers knew Li might have disclosed any. Lin ‌dismissed the case with...

◇ unclassifiedmiddle-east · russia · usa

European Gas Prices Tumble 6% On US-Iran Peace Deal

European natural gas prices plummeted by roughly 6% following the announcement of a landmark US-Iran framework agreement, with the breakthrough significantly easing market anxiety over prolonged energy disruptions. The U.S. and Iran have reached a preliminary peace framework to end the war, with the Memorandum of Understanding (MoU) scheduled to be signed on June 19, 2026, in Switzerland. Dutch TTF Natural Gas Futures were trading at €43.60/MWh on Monday, the lowest level in five weeks, while th

Wall Street: US stock exchanges are clearly up after the Iran deal - Dow Jones reaches record

The signed framework agreement between the USA and Iran is brightening the mood on the stock markets. But there is no all-clear when it comes to inflation. The Fed meets on Wednesday.

+++ Iran War +++: Trump: USA and Iran have signed a declaration of intent - Strait of Hormuz is open

USA: Israel's withdrawal from Lebanon not a condition for Iran pact +++ Trump: Oil tankers leave Strait of Hormuz +++ Vance: US troops possible if Iranian nuclear stockpiles are checked +++ The news blog.

Trump to hold political rally on July 4 to mark US 250th anniversary

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

27d06/15⚠ shipping-routes · 2/5

US, Iran electronically sign Hormuz deal ahead of formal ceremony

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...

Oil tumbles on US-Iran deal framework: How one trader is playing the move

Airline stocks are rallying Monday and the U.S. Global Jets ETF (JETS) is on the verge of a new high for the year.

◇ unclassifiedusa · iran

Iran War: US circles: Trump signed Iran agreement digitally

A framework agreement between the USA and Iran is to be officially signed this Friday. There is a surprise at the beginning of the week.

Iran War Deal Done On Paper: 4 Tests Between Ceasefire And Collapse

Trump announced the Iran peace deal is 'complete' on his birthday, lifting the US naval blockade and reopening the Strait of Hormuz toll-free. Iran confirmed all military operations, including in Lebanon, will end immediately, marking the closest point to a ceasefire since the war began on February 28. submitted by /u/Aware_Apartment_8959 [link] [comments]

Social◇ unclassifiediran

Handelsblatt Live: US stock market expert Dewayne: USA-Iran agreement lifts the mood on Wall Street

The USA and Iran announced on Monday night that they would sign a peace agreement next Friday. This is driving up US stock markets. However, Patrick Dewayne warns that investor enthusiasm may be premature.

◇ unclassifiedchina · asia · middle-east

Relief and wariness: Asia watches US-Iran deal for real impact

The US-Iran peace deal is likely to bring immediate relief but not yet reassurance for Asia, as leaders across the region watch whether the Strait of Hormuz reopens, oil prices ease and the agreement can withstand the nuclear talks and geopolitical distrust still ahead, analysts say. The agreement, mediated by Pakistan and scheduled to be signed on Friday in Switzerland, is intended to end more than three months of war in the Gulf, halt the US blockade of Iran and reopen one of the world’s most.

27d06/15⚠ shipping-routes · 3/5

Strait of Hormuz reopening won't end shipping risks

A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high insurance costs and geopolitical risks mean disruption could persist for months.

◇ unclassifiedgermany · europe · iran

◇ unclassifiedgermany · europe · iran

Commentary: Iran pact – Trump solves problems that he himself created

The US President presents himself as a great peacemaker. But his agreement with Tehran is more of a declaration of intent than a deal. Two criteria are crucial in the evaluation.

◇ unclassifiedgermany · europe · iran

Comment: Trump's Iran pact – more of a declaration of intent than a deal

The US President presents himself as the great peacemaker. In reality, he was more likely to solve problems of his own making - at best.

After US-Iran accord and oil-price plunge, analysts warn of ‘grey area’ for Chinese firms

As plunging oil prices signal broad market optimism following an initial deal between the United States and Iran, attention has turned to whether Chinese firms sanctioned for Iran-related business will see immediate relief, though analysts remain cautious. “New purchases of Iranian oil ostensibly wouldn’t be subject to fresh sanctions, but at the same time, I imagine we won’t see a rush to lift existing sanctions on Chinese importers of Iranian oil,” said Lynn Song, chief economist for Greater..

◇ unclassifiedgermany · europe

IPO: Significant price gains: SpaceX shares continue to rise on the second day of trading

With its IPO on Friday, SpaceX immediately became one of the ten most valuable listed US companies. On Monday, the space company will build on its successful debut.

Iran War: Vance: Iran doesn't get a single American dollar

After the announcement of a framework agreement between the USA and Iran, many important details remain open. US Vice President Vance now comments on a sensitive point.

Wall Street: US stock exchanges are clearly up following peace prospects - Dow Jones reaches record

A potential deal between the USA and Iran is brightening the mood on the stock markets. But there is no all-clear when it comes to inflation. The Fed meets on Wednesday.

◇ unclassifiedusa · europe · iran

Iran, US agree to halt war and reopen Hormuz

The memorandum of understanding is scheduled to be officially signed on Friday in Switzerland.

USA: Fox buys Roku for $22 billion – share price collapses

The Murdoch family's television company is driving consolidation in the US media industry. It is the second deal in a short period of time, which is also likely to be of political importance.

◇ unclassifiedchina · asia

Fox to buy Roku for US$22 billion to fuel streaming push

Fox Corp is buying Roku in a cash-and-stock deal valued at about US$22 billion in a bet that pairing its sports and news programming with a top TV streaming platform ‌will strengthen its position as audiences shift online. The deal, announced on Monday, gives Fox access to the more than 100 million households using Roku’s streaming platform, potentially helping the cable TV-reliant media company better target ads and reduce reliance on traditional distribution. It is Fox’s first major...

USA: Trump celebrates his 80th birthday with UFC fights in front of the White House

The US President celebrated his birthday on Sunday. To mark the occasion, he organized a series of mixed martial arts fights in front of the White House. A 28 meter high, temporary arena was built specifically for the spectacle.

◇ unclassifiedgermany · europe · uk

Ukraine War: Heavy Russian air strikes on Kyiv

The historic cave monastery was badly damaged in attacks on the Ukrainian capital. According to the Russian Defense Ministry, not Russian, but US anti-aircraft missiles hit the Pecherska Lavra monastery.

China credit data shows sluggish demand, more household deleveraging amid weak investment

Beijing’s long-standing efforts to reinvigorate the domestic economy continue to face headwinds, as the latest credit data points to persistently sluggish consumption and weak investment across China, with the tech sector standing out as a lone bright spot amid the central government’s push for innovation to reduce external reliance. New bank loans totalled 520 billion yuan (US$77 billion) in May, according to People’s Bank of China data released on Friday. The figure trailed the 620 billion...