The U.S. Treasury Department authorized the production, delivery and sale of Iranian oil on Monday, a move promised under an agreement reached by Washington and Tehran last week.
The departing Keir Starmer’s decision to bind himself with manifesto tax pledges and budget rules was informed by overly optimistic forecasts. These showed GDP growth going from 0.3% to almost 2%. His successor needs to avoid a similar temptation as the Iran war ebbs.
Three people died due to extreme heat in France and thousands of schools closed or modified timetables as European authorities issued heatwave warnings and forecasters in Britain said temperatures could smash records for June this week.
A century after its birth as a radical centre of modernist design, Germany’s historic Bauhaus school has become a symbol of a brewing culture war ahead of a state election that could see the far-right AfD party win power for the first time.
Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged 100, NBC News reported.
World leaders are “feeding” wars instead of the hungry, Pope Leo said on Monday, telling the U.N. food aid agency that global priorities were badly skewed.
The Indian government is in talks with the UAE to sell some of its flagship defence systems, including the supersonic cruise missile BrahMos, four Indian sources said, as the Gulf nation steps up arms procurement following the war in the Middle East.
Operations had been halted after an Iranian attack in March.
British Prime Minister Keir Starmer said he would quit on Monday, paving the way for the country to have its seventh leader in 10 years.
Prime Minister Keir Starmer said on Monday he would resign, with a new leader to be in place by the time parliament returns in September, paving the way for Britain to have its seventh leader in 10 years.