Bedouin men stand near a bridge they use as a shelter in case of a rocket siren alert for a missile strike from Iran on Israel, in southern Negev, June 18, 2025. REUTERS/Amir Cohen |
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- Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut highlights how US tariffs, Middle East conflict and a shaky dollar make global monetary policy and inflation even harder to predict. For more, watch our daily rundown on financial markets.
- Trump's inauguration promise that "the golden age of America begins right now" remains unfulfilled in the outlook of Federal Reserve officials who so far see his policies slowing the economy, raising unemployment and inflation, and clouding the horizon with a still-unresolved tariff debate.
- Brazilian soy farmers are pushing further into the Amazon rainforest to plant more of their crops, putting pressure on a landmark deal signed two decades ago aimed at slowing deforestation.
- Africa's push for local currency payments systems - once little more than an aspiration - is finally making concrete gains, bringing the promise of less costly trade to a continent long hobbled by resource-sapping dollar transactions.
- Heineken has lost operational control and withdrawn its staff from its facilities in conflict-affected areas of eastern Democratic Republic of Congo, the Dutch brewer said.
- Taiwan's Foxconn and US artificial intelligence chips maker Nvidia are in talks to deploy humanoid robots at a new Foxconn factory in Houston that will produce Nvidia AI servers, two sources familiar with the matter said.
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- Rising oil prices and Middle East tensions will vie for market attention in the days ahead. Here's your heads up on the week in world markets.
- Fed boss Jerome Powell testifies before Senate and House committees on Tuesday and Wednesday.
- On Wednesday's NATO summit at The Hague, Ukraine and defense spending targets are expected to top the agenda.
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As death toll rises, Gazans make life-risking journeys to seek food |
Palestinians gather to receive aid supplies in Beit Lahia, in the northern Gaza Strip, June 17, 2025. REUTERS/Stringer | Like thousands of other Palestinians in Gaza, Hind Al-Nawajha takes a dangerous, miles-long journey every day to try to get some food for her family, hoping she makes it back alive. In the past two days, dozens of Palestinians have been killed by Israeli fire as they tried to get food from aid trucks brought into the enclave by the United Nations and international relief agencies, Gaza medics said. |
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Missiles launched from Iran are intercepted as seen from Ashkelon, Israel, June 18. REUTERS/Amir Cohen |
Our best photos of the week include scenes from the war in Gaza, the G7 summit in Canada, and a volcano erupting in Indonesia. |
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