Public Policy
Starmer announces under-16 social media ban in UK
Keir Starmer has announced a UK ban on social media access for under-16s, with implementation expected in early 2027 or by spring 2027. The plan would target major platforms, add limits on livestreaming and stranger contact, and restrict some AI chatbots for minors.
Oil, Natural-Gas Prices Drop After Iran Deal
Oil and natural-gas prices fell after reports of a preliminary U.S.-Iran agreement that could reopen the Strait of Hormuz and ease Gulf energy shipping risk.
Oil prices slump to three-month low after U.S. and Iran agree to framework of peace deal
Oil prices fell sharply after the U.S. and Iran announced a tentative framework to end the war and reopen the Strait of Hormuz. The deal remains conditional ahead of a planned Friday signing in Switzerland.
U.S. Rate-Rise Bets Curb Dollar's Fall After U.S.-Iran Deal
The dollar fell after a U.S.-Iran interim peace deal eased geopolitical tension, but losses were capped by rising expectations that the Federal Reserve could raise rates later this year. The move rippled through yen, euro, sterling, won and Australian dollar trading as markets weighed lower Middle East risk against tighter U.S. policy.
Axel Springer's Politico eyes 15-strong Australian team
Politico is preparing to launch in Australia in August 2026 with a small Canberra team led by Ryan Heath, according to The Australian. The report says the operation could grow to about 15 staff and may later expand beyond Canberra.
Tentative Iran deal sends stocks soaring as oil prices fall
Global stocks rallied and oil prices fell after reports of a tentative U.S.-Iran deal to end the war and reopen the Strait of Hormuz, pending a formal signing in Switzerland.
BBC news teams to lose hundreds of jobs in radical downsizing
The BBC is preparing to announce hundreds of job cuts in its news division next week as part of a wider downsizing plan that could remove about 2,000 jobs across the corporation.
Iran and US agree Hormuz deal
Multiple outlets report that the United States and Iran have reached a deal tied to reopening the Strait of Hormuz and extending the ceasefire, triggering an immediate market reaction. The reported terms remain unpublished, and key details on enforcement, sanctions relief and the wider scope of the agreement are still unclear.
Berlin-Hamburg rail line reopens after overhaul, restoring frequent service
The Berlin-Hamburg rail corridor reopened on June 14 after a major Deutsche Bahn overhaul that began in August 2025 and was delayed by winter weather. Regional service is back on schedule, frequent long-distance trains have resumed, and only minor delays are expected while final testing continues through June 30.
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Updated Jun 15, 11:29 AM UTC
Gina Rinehart buys more than $1 billion stake in SpaceX
Multiple outlets report that Gina Rinehart’s Hancock Prospecting has bought a SpaceX stake worth more than US$1 billion after the company’s June 12 public debut, with executives pointing to possible overlap in critical minerals, AI infrastructure and technology supply chains.
Delhi wakes up to steady rain as IMD forecasts wet spell across northwest India till June 19
Delhi saw steady rain on Monday morning as the IMD forecast a wet spell across northwest India through June 19 under an active western disturbance.
European stocks hit record highs as oil falls on US-Iran peace deal
European shares climbed to record highs and oil prices fell sharply after reports that the United States and Iran had reached a tentative peace deal linked to reopening the Strait of Hormuz. The deal remains conditional, with formal signing, enforcement details and sanctions relief still unclear.
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