The EU selected Italian startup Domyn’s EUROPA consortium to build a 400-billion-parameter open-source AI model covering all 24 official EU languages.
Coinbase lists Anthropic and OpenAI pre-IPO perpetuals as $1.8 trillion AI IPO wave looms
Coinbase launched Anthropic and OpenAI pre-IPO perpetuals on June 22, giving non-US traders a public route to bet on AI labs valued at a combined $1.817 trillion.
US Treasury issues 60-day Iran oil licence as Brent falls 3.5% and Hormuz traffic recovers
Washington granted Iran a 60-day oil export waiver on June 22, pushing Brent crude below $78 as Strait of Hormuz traffic climbed back toward pre-war levels.
Iran agrees to readmit IAEA nuclear inspectors after Vance’s Bürgenstock talks
VP Vance emerged from day-one US-Iran talks at Bürgenstock, Switzerland announcing Tehran had agreed to readmit IAEA nuclear inspectors, calling it a major milestone toward a binding deal.
Cambodia’s scam-compound crackdown frees 200,000 workers but leaves thousands stranded
Cambodia’s scam crackdown freed over 200,000 trafficked workers but left thousands stranded in Phnom Penh with no shelter and no legal path home.
Transformer co-author Noam Shazeer leaves Google for OpenAI
Shazeer, co-author of the Transformer paper, left Google on June 18 for OpenAI less than two years after Google paid $2.7 billion to bring him back.
SpaceX stock falls 18% from its record high as IPO euphoria cools
SpaceX stock (SPCX) has retreated 18% from its $225.64 all-time high as rate-hike fears and the $60 billion Cursor acquisition weigh on the post-IPO rally.
Euro bond issuance hits record $1.1 trillion as dollar’s global role ebbs
Euro-denominated bond issuance hit a record $1.1 trillion in 2025, up 30%, and the euro now leads the dollar in green bonds, the ECB’s June 2026 report shows.
Ukraine strikes Tyumen refinery 2,000 km inside Russia with new drones
Ukraine hit an oil refinery in Russia’s Tyumen Oblast on June 20, over 2,000 km from the border, as Zelenskyy disclosed new drones with a 3,000 km range capability.
De la Espriella wins Colombia’s presidential runoff in narrowest race on record
Abelardo de la Espriella’s narrow runoff win on June 21 ends four years of Gustavo Petro’s leftist government and reshapes US-Colombia ties.