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Infantino abandons plans to sell World Cup profits to private equity following massive pushback AP NewsFIFA scraps controversial $20 billion World Cup investment plan CNNWorld Cup boycott latest: Infantino officially scraps sell-off plan and Trump claims he was never consulted The IndependentStatement on behalf of UEFA and its 55 national associations UEFA.com
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Bessent and the Fed Help Japan Reverse Months of Yen Losses Bloomberg.comEXCLUSIVE: Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows ReutersUS Treasury undertakes historic intervention in yen market Financial TimesBessent ‘to-do' list shows proposal for US to buy $5bn-$10bn of Japanese yen The GuardianTreasury War
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Russia hits Ukrainian capital with ballistic missiles and drones, killing at least 9 AP NewsNine killed in strikes on Kyiv, as Ukraine sinks Russian container ship BBCOpinion | The fastest way to help Ukraine stop Russia's missile threat The Washington PostUkraine war briefing: Kyiv missile attack kills at least nine as Zelenskyy seeks attack role for Starlink theguardian.com
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U.S. general warns Pentagon he lacks sufficient forces to protect Israel The Washington PostHead of US military's European Command said to warn his navy not enough to defend both Israel and US The Times of IsraelEUCOM chief warns U.S. lacks naval assets to sustain defense of Israel Garowe OnlineUS general said to warn of shortfall in defending Israel breakingthenews.net
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Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far AP NewsTrump says Fed Chair Warsh 'would love' to lower interest rates. He might push to raise them instead Yahoo FinanceTrump stands by his 'brilliant' Fed pick despite no rate cuts ReutersTrump renews rate pressure on Fed as July FOMC meeting opens mpamag.com
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EXCLUSIVE: Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows ReutersUS Treasury informed banks that it may intervene in Japan's yen, source says ReutersBessent ‘to-do' list shows proposal for US to buy $5bn-$10bn of Japanese yen The GuardianYen Gains as US Banks Asked by New York Fed to Check Key Rate bloomberg.com
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Trump says anti-weaponization fund in IRS settlement is ‘dead' even as he defends it apnews.comTrump Escalates Feud With Senate Over Blanche The New York TimesBrooks and Capehart on Blanche's stalled nomination and Trump's 'anti-weaponization fund' PBSWhy senators fear Trump's DOJ payout fund isn't dead, despite Blanche's promises The Washington Post
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The Trump administration's ‘draconian' water cuts could gut Arizona's Colorado River supply Arizona MirrorU.S. Raises Threat of Steep Water Cuts in Lower Colorado River Basin The New York TimesArizona, California and Nevada would share cuts under federal proposal for Colorado River PBSHistorically low water level in two crucial US reservoirs threatens water and power for millions CNN
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Bessent ‘to-do' list shows proposal for US to buy $5bn-$10bn of Japanese yen The GuardianBessent and the Fed Help Japan Reverse Months of Yen Losses Bloomberg.comUS Treasury informed banks that it may intervene in Japan's yen, source says ReutersUS Treasury undertakes historic intervention in yen market Financial TimesTreasuries Get Whacked by Japan's Big Yen Fix. Bonds Don't Need More Trouble. Barron's
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U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to crude buyers and analysts, amounting to a quarter of what they shut since the coronavirus pandemic cut fuel demand and hammered oil prices.
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