The US government issued an export control directive on 13 June 2026 ordering Anthropic to disable Fable 5 and Mythos 5 for all foreign nationals, citing a reported security jailbreak.
Posted inMarkets
Gold falls to a four-month low as Iran deal progress drains the war premium
Spot gold slid to around $4,072 this week, extending an 11% one-month decline, as Iran deal progress deflated safe-haven demand while oil-driven inflation kept the Fed hawkish.
Posted inEconomy
UK May retail sales post sharpest annual rise in 13 months despite travel slump
UK retail sales grew 3.7% year-on-year in May 2026, the fastest rate since April 2025, as heatwave spending on outdoor goods masked a 12.9% drop in airline bookings.
Posted inGeopolitics
Iran sets Khamenei’s funeral for July after four months of wartime delay
Iran announced on 13 June 2026 that ceremonies for Supreme Leader Khamenei, killed in a US-Israeli airstrike in February, will begin in Tehran on 4 July.
Posted inWorld
Swiss voters decide on a population cap that would trigger an EU rupture
Switzerland voted on 14 June 2026 on a constitutional amendment to cap its population at 10 million — a measure that could end free movement with the EU.
Posted inTech
SpaceX-xAI’s $75 billion raise signals AI infrastructure is entering the public-market era
SpaceX-xAI’s record $75 billion IPO on June 12 marks the moment AI infrastructure financing moved from venture capital to public markets, with $30 billion in compute deals and a $1.77 trillion valuation setting the benchmark.
Posted inMarkets
Brent crude falls to an eight-week low as Iran deal text reaches final agreement
Brent crude fell more than 4% on Friday to below $84 per barrel, an eight-week low, after Pakistan confirmed the United States and Iran had agreed a final deal text including Strait of Hormuz reopening.
Posted inEconomy
Markets price a Fed hike for the first time as Warsh chairs his June 17 FOMC debut
For the first time in two years markets are pricing a Fed rate hike as Kevin Warsh chairs his first FOMC meeting on June 16–17, with US inflation at 4.2% and no cut bets remaining for all of 2026.
Posted inGeopolitics
Pakistan declares Iran-US deal text agreed as Tehran awaits supreme leader’s sign-off
Pakistan announced on June 12 that the US and Iran have agreed a final deal text including nuclear dismantlement and Strait of Hormuz reopening, with Iran’s supreme leader’s approval the last remaining step.
Posted inWorld
South Korean court adds 30 more years to Yoon over North Korea drone provocation
A Seoul court sentenced Yoon Suk Yeol to 30 additional years on June 12, finding he ordered military drones over Pyongyang to fabricate a pretext for his December 2024 martial law declaration.