Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open. The US-Iran peace deal kept risk assets surging. Bitcoin snatched upside liquidity as the US trading session began, but traders warned over a failure to preserve BTC price gains. The latest data from CoinGlass showed BTC/USD sweeping short liquidations around US open.
The U.N. Office on Drugs and Crime released its annual report on the Asian synthetic drug market for 2025. Seizures of methamphetamine and ketamine jumped by 48 percent and 185 percent year-on-year. Most of the methamphetamine seizures took place in Southeast Asia. The majority of the ketamine seizures were made in Malaysia and Myanmar. There is a growing convergence between drug trafficking operations and other criminal enterprises.
There are increased odds of tropical development across the southern U.S. this week due to the risk of heavy rain and flooding. The main threat across the Gulf region will be gusty coastal winds and tropical rain, which will bring flash flooding. Houston, Corpus Christi, and Jackson, Mississippi are at the second-highest flood risk.
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ASEAN Center for Energy and the VTMS countries agreed to move forward with a proposed power trading pilot between Vietnam, Thailand, Malaysia, and Singapore. The pilot will serve as a practical test of how to translate the recommendations from the recently completed ASEAN Interconnection Masterplan Study III into action-oriented solutions for subregional integration.
The Pacifica Municipal Pier in California was shut down this month because of cracking from decades of pounding surf and storms. Rep. Sam Liccardo (D-San José) is asking for $50 million in climate resilience funding promised by the Biden administration but terminated by the Trump administration in 2025. California and 22 other states successfully sued to reinstate the program, but the funding has yet to be allocated.
Steven Spielberg's new film Disclosure Day is his much-trumpeted return to the summer event movie. The film's weak spot is its tissue-thin and arbitrary-seeming plot. In the US, CinemaScore graded Disclosure Day a B, the joint second-worst for a Spielberg film.
After her son was born, she experienced time differently. She couldn't write history for the first year. She wanted to find a way to write that flowed from the body and not from the patterns of time. She learned that obsession is another way of paying attention.
Donald Trump celebrated his 80th birthday with a UFC spectacle on the White House South Lawn. He wanted an Iran "peace deal" on his birthday. Pakistani PM Shehbaz Sharif announced a deal with the US on social media. The agreement provides for a 60-day cessation of hostilities during which the two sides will negotiate a final peace deal. The main accomplishment of the deal is reopening a strait that was wide open four months ago.
The US$15 billion initiative aims to reach 83 million schoolchildren, pregnant women, breastfeeding mothers and toddlers. It has been dogged by controversy since its launch in January last year, with critics pointing to weak oversight, limited budget transparency and insufficient food safety guidance. Three former leaders of the National Nutrition Agency were arrested by the Attorney General’s Office for alleged mark-ups and corruption related to the development of operational kitchens. Students have taken to the streets in several cities to demand an end to the programme. Jakarta will recalculate its budget, which is 268 trillion rupiah this year, down from the initial 335 trillion. Construction of new kitchens will be stopped temporarily.
Donald Trump is trying to weaponize the IRS and other federal agencies to assert his executive power. The IRS has become one of Trump's key targets. Last year, Trump demanded that the agency revoke the tax-exempt status of Harvard University. The administration is working to install loyalists at the top of the IRS’s criminal investigation division. Republicans in Congress declined to challenge Todd Blanche's decision to grant Trump and his family immunity from tax audits. Richard Nixon also tried to assert sweeping control over the IRS.
8x8's employees are using Anthropic's AI chatbot Claude to draft emails, analyze customer feedback, and write code. The company has saved about $5 million in annual costs by canceling subscriptions to software and educational tools in part because Claude could provide similar capabilities. The latest generation of AI tools is causing stress in C-suites for a variety of reasons.
Trump's EPA is planning to weaken restrictions on oil and gas wells that produce very little energy but release vast amounts of methane. Oil billionaire Jeffery Hildebrand, a major Trump donor, is set to reap the benefits. A former lobbyist now rewriting the EPA’s methane rules has solicited input from oil industry groups backed by the billionaire.
2026 World Cup is taking place in the United States, Canada and Mexico. The cheapest standard ticket for the final at MetLife Stadium reached $5,785 before the tournament even began. The most expensive seats were listed on FIFA's own resale platform at $32,970. Hotels in U.S. host cities are charging far above their usual levels, with Vancouver averaging $404 per night. New Jersey Transit charged fans $150 for a train ride from Penn Station to MetLife. Parking near stadiums is being sold for up to $175 per spot. FIFA introduced a $60 supporter entry tier for every match.
Karmelo Anthony was found guilty and sentenced to 35 years behind bars for stabbing and killing Austin Metcalf, 17, at a high school track meet last year. His supporters maintain he was acting in self-defense. Donna Robinson, a parole supervisor within the Texas Department of Criminal Justice, lost her job after she made a comment on Facebook. Howard University professor Stacey Patton wrote an opinion article blaming the victim for the killing. W. Burlette Carter, a professor emerita of law at George Washington University, made her concerns with the trial public.
Min Aung Hlaing arrived in Beijing yesterday for a five-day visit to China. He will meet with Chinese leader Xi Jinping, Premier Li Qiang, and Zhao Leji, the chairman of the Standing Committee of the National People’s Congress of China. The 69-year-old will also meet with provincial leaders and business representatives. He is scheduled to attend an economic conference and visit advanced high-tech industrial enterprises. It is his second visit since he was appointed president in April.
Republicans in the House of Representatives are currently clinging to a two-seat majority. Democrats need to win the national popular vote by more than 4 percentage points to ensure they flip the House. The average House seat is now a darker shade of red than before the fresh gerrymanders.
Poland is a key U.S. ally as Trump reduces America's footprint in Europe. Joe criticizes Trump’s Iran deal for being worse than the Obama Iran deal. Jane Seymour on Acting, Aging and Reinvention: “Life Is Never Static”.
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The Enhancing Economic Investment in Palau workshop was held June 11 in the Pacific ally under the Global Cooperation and Training Framework. It brought together academics, experts, officials and business representatives from like-minded countries. The participants discussed ways to promote sustainable foreign investment and strengthen economic resilience while enhancing transparent governance.
Amir Ghalenoei's team was told to leave Los Angeles immediately following its 2-2 draw against New Zealand on Monday night. The team was supposed to stay in California for recovery and return to its base camp in Tijuana on Tuesday. Iran’s participation in the World Cup was in question until the last minute due to its war with the United States and Israel.
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Nathaniel Hawthorne was editor of The American Magazine of Useful and Entertaining Knowledge from 1836 to 1836. He published essays on John C. Calhoun, “Modern Jewish Passover,” and the history of hats. In late summer he resigned his post and retreated to Salem.
This year marks the 250th anniversary of the Declaration of Independence. On June 19, 1865, Union soldiers arrived in Galveston, Texas, and read General Order No. 3 to enslaved Black people that the Civil War was over and their enslavement had ended. The Fourth of July is supposed to represent liberty, but it occurred in the context of genocide, land theft, and slavery.