June 18 is the deadline Senator Warren set for Nvidia to explain why DOJ indictments allege $670 million in GPU diversions to China that CEO Jensen Huang said never happened.
Posted inMarkets
SpaceX buys AI coding startup Cursor for $60bn five days after its IPO
SpaceX announced a $60 billion all-stock acquisition of Cursor, an AI coding tool with $2.6bn in annualised revenue, just five days after its record-breaking Nasdaq debut.
Posted inEconomy
Warsh holds rates but nine officials signal a 2026 hike, sending stocks lower
The Fed kept the funds rate at 3.50–3.75% on June 17 in Warsh’s first FOMC meeting as chair, but a hawkish dot plot rattled markets and pushed the S&P 500 down 1.2%.
Posted inGeopolitics
G7 Évian closes without communiqué as leaders back tougher Russia pressure
The 52nd G7 summit in Évian ended June 17 with no joint communiqué but a package of pledges on Ukraine air defence, oil and gas sanctions, and energy resilience.
Posted inWorld
Russia strikes Kyiv cultural sites, setting Pechersk Lavra roof ablaze
A mass Russian attack on Kyiv on June 14 struck the 11th-century Pechersk Lavra monastery and destroyed the national film studio’s 100,000-costume archive.
Posted inTech
London Tech Week closes with £6bn in AI pledges and a national compute push
London Tech Week 2026 concluded with £6 billion in AI pledges, including AMD’s £2bn five-year commitment and a UK government £1.1bn AI Hardware Plan anchored by a £750m national supercomputer.
Posted inMarkets
Ethereum surges 10% on June 16 as Iran deal calm and G7 optimism lift crypto
Ethereum jumped 10% to $1,841 on June 16 as Iran deal calm and G7 optimism sparked a broad risk-on session in crypto and equities, with the Nasdaq rising 3%.
Posted inEconomy
UK economy slips 0.1% in April as Iran war hits services and energy output
UK monthly GDP fell 0.1% in April, the first contraction since August 2025, as energy output dropped and businesses cited the Middle East conflict as a drag on turnover.
Posted inGeopolitics
North Korea opens a new road bridge to Russia as sanctions evasion deepens
A new road bridge between North Korea and Russia opens June 19 as Pyongyang’s trade with China hits an eight-year high and sanctions evasion deepens.
Posted inWorld
Colombia’s ELN declares ceasefire for Sunday’s presidential runoff
Colombia’s ELN declared a four-day ceasefire around Sunday’s presidential runoff, with voter coercion claims casting a shadow over the polarized contest between De la Espriella and Cepeda.