PM Narendra Modi transferred Rs 2,400 crore to beneficiaries under the Prime Minister Viksit Bharat Rozgar Yojana (PM-VBRY), aiming to create 15 lakh employment opportunities. He highlighted the role of trade agreements in opening new markets and emphasized quality in products and services for international competitiveness.
Franklin Templeton filed with the SEC to launch two ETFs that would reinvest stock dividends into Bitcoin exposure, aiming to integrate crypto into traditional portfolios without direct upfront investment.
The US has initiated a Section 301 trade investigation into Germany's pharmaceutical pricing policies, alleging they unfairly burden US commerce and force the US to fund a disproportionate share of global drug R&D, potentially leading to new tariffs.
Norway announced plans to ban all trade with Israeli settlements in occupied Palestinian territories, citing violations of international law and the hindrance to a peaceful solution. The proposed bill includes prohibiting goods, property purchases, and services related to these settlements.
Publicly traded companies are increasingly adding Solana (SOL) to their balance sheets, with top firms collectively holding over $1 billion worth of the cryptocurrency. Forward Industries leads with over 7 million SOL, followed by Upexi, DeFi Development Corp., Solana Company, and SkyAI.
The ASEAN-Russia Summit in Kazan demonstrated Moscow's continued international relevance, particularly in Southeast Asia. Governments prioritize sovereignty and economic pragmatism, seeking diversified partnerships. The summit focused on energy security, nuclear cooperation, trade, and regional stability, highlighting Russia's role in a multipolar world.
Strategy's perpetual preferred stock (STRC) dropped nearly 17% below its $100 par value, highlighting a crisis of confidence. Critics liken it to a Ponzi scheme, while market nervousness grows over the company's ability to meet obligations without relying on new capital or selling Bitcoin.
Government analysis suggests a third Heathrow runway could boost GDP by only 0.05%, a 90% reduction from previous estimates. The project's net present value is estimated between -£23.4bn and -£62.5bn, with social and environmental impacts outweighing economic benefits.
Jets X-Factor's Omari Brown suggested the New York Jets should acquire Pittsburgh Steelers QB Mason Rudolph to back up Geno Smith, citing his starting experience and potential to be a bridge player.
The Toronto Maple Leafs acquired defenseman Darren Raddysh from the Tampa Bay Lightning in a sign-and-trade deal, sending a 2026 fifth-round pick. Raddysh signed an eight-year, $68 million contract with an $8.5 million cap hit.
Bali police arrested a 67-year-old man, KS, on June 10 for suspected illegal turtle trading. The live animals were seized on the Pegametan coast after residents reported suspicious activity. The suspect allegedly received the protected turtles from Madura for distribution.
SpaceX's Starship Flight 13 may launch next month with a suborbital path. Isar Aerospace's Spectrum rocket test flight was scrubbed again due to fluid system issues. NASA's Swift observatory rescue mission by Katalyst Space Technologies is ready for launch. New launch pads are planned at Cape Canaveral, and China's Zhuque-2E upper stage broke up in orbit.
The Strait of Hormuz remains blocked by approximately 80 mines, hindering normal shipping operations despite a recent US-Iran MoU. Experts warn recovery will take time due to navigational risks and potential Iranian tolls, impacting global trade and oil flow.
Bitcoin fell below $63,030 as a hawkish Federal Reserve stance overshadowed a deal easing passage through the Strait of Hormuz and lower oil prices. Despite the geopolitical relief, the Fed's updated projections and increased likelihood of rate hikes pushed the US dollar higher, pressuring risk assets like Bitcoin.
Oil prices dropped Friday as Israel and Hezbollah agreed to a ceasefire, while U.S.-Iran talks in Switzerland were abruptly canceled. Brent crude futures fell 1% to $79.02 and WTI futures dropped 0.8% to $75.96, both on track for weekly losses.
A consumer commission in Rohtak, Haryana, has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and litigation costs. The commission ruled that charging for the bag constituted a deficiency in service and an unfair trade practice.
US President Donald Trump described Indian Prime Minister Narendra Modi as 'a very tough cookie' and one of the world leaders he most admires, in a wide-ranging interview with Axios. He also praised Chinese President Xi Jinping as 'all business'.
Bitcoin (BTC) may reach a new "macro bottom" between $50,000 and $60,000 by September, according to trader Killa. This prediction is based on the potential for BTC to "front run" exchange order-book liquidity, similar to how it previously front-ran higher liquidity levels. Aggressive shorting on Binance also suggests a bearish short-term outlook.
China's embassy in the UK has urged the British government to cease "slander and suppression" after two men linked to the Hong Kong Economic and Trade Office in London were jailed for spying on activists. A manager at the office received an eight-year sentence, while a security firm operator and former UK Border Force officer was imprisoned for 10 years.
The Chinese embassy in the UK has urged the British government to cease "slander and suppression" after two men connected to the Hong Kong Economic and Trade Office in London were jailed for spying on activists. One received 8 years, the other 10, for assisting a foreign intelligence service.
Oil prices fluctuated Friday as U.S.-Iran talks in Switzerland were unexpectedly canceled due to logistical issues. Brent crude fell 0.3% to $79.59, while WTI rose 2.3% to $78.15, both on track for weekly losses. OPEC expects demand to remain strong, rejecting IEA supply glut forecasts.
A new agreement between the US and Iran signals a return to diplomatic talks regarding Iran's nuclear program. Analysts suggest this involves nuclear restrictions in exchange for sanctions relief and oil waivers, resuming a track previously halted by conflict.
The U.S. has launched an investigation into Germany's pharma policies, citing "persistent underpayment" for medicines as Germany seeks to control rising healthcare costs. U.S. Trade Representative Jamieson Greer expressed concern over proposed legislation to reduce drug spending, calling it a "serious step backwards."
Georgia's trade turnover with Russia reached over $1.2 billion in January-May 2026, a 16.6% increase year-on-year. Russia is Georgia's second-largest trading partner, accounting for 11.8% of its total foreign trade during this period.
