Morning Edition · Wednesday, June 17, 2026

Markets
Warsh Holds His First Fed Meeting as Markets Sit Near Records
The new Federal Reserve chair held rates steady at his first meeting, and fresh projections show that half of the committee's officials now expect at least one rate increase this year.
Markets
US-Iran Truce Reopens Hormuz Talks and Sends Oil to a Three-Month Low
Group of Seven leaders praised a preliminary deal to extend the ceasefire and restore shipping, while Israeli intelligence cautioned that Tehran is not seeking a final settlement.

Markets
Ukrainian Strikes on Refineries Push Russia Toward a Fuel Squeeze
Falling refining output and seasonal demand are forcing fuel rationing at gas stations even as Moscow minimizes the problem.

Geopolitics
Drone Strike on a Children's Bus in Bryansk Kills a Chaperone
Russian officials blame Ukraine for an attack on a bus carrying a Belarusian youth football team, a claim Kyiv has not addressed.

Geopolitics
Putin Hosts ASEAN as the G7 Vows to Keep Backing Ukraine
Two summits held at the same time show a world dividing into rival economic blocs, with Moscow turning decisively toward Asia.

Tech
SpaceX Passes Amazon to Become the Fifth Most Valuable Listed Company
Three days after a market debut that raised about 75 billion dollars, the rocket maker's market value briefly topped three trillion dollars.

Tech
Europe Pushes for AI Sovereignty After a US Access Cutoff
France and Germany say recent restrictions on American models show Europe must build its own capacity, as the Group of Seven debates United States dominance of the industry.

Geopolitics
Starmer Calls Russian Warship's Channel Warning Shots Reckless
London and Moscow give competing accounts of an incident in waters near the United Kingdom.

World
Fujimori Nears a Narrow Win in Peru as the Left Calls Protests
Ten days after the runoff, the right-wing candidate leads by fewer than 37,000 votes, and the result is contested.

Markets
Russian Business Incomes Fall for the First Time in Two Years
A study finds the growth model built on recovering demand and rising prices is no longer working.

World
German Court Clears Surveillance of AfD as Ministers Debate Deportations
A Bavarian ruling and a meeting of interior ministers show the country hardening on both domestic security and migration.

Geopolitics
US Navy Courts Southeast Asia as the PLA Tightens Internal Loyalty
Washington projects soft power across the Indo-Pacific while Beijing's military runs an unusual loyalty campaign at home.

World
Art Basel Draws Crowds as the High-End Market Steadies
Strong attendance and sales of major works suggest a recovery in the global art market after years of decline.