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South Korean ministers have urged the U.S. to address pending trade issues, including proposed tariffs over forced-labor import bans, within the framework of their bilateral trade agreement. The USTR has proposed duties of 10% or 12.5% on goods from 60 economies, with South Korea among 54 facing the higher rate.
As the EU prepares to sharply reduce tariff-free steel imports from July 1, the UK and South Korea are taking steps to protect their steel industries. UK business secretary Peter Kyle is set to raise concerns with the EU trade commissioner, while South Korea's trade ministry vows to safeguard its companies' interests amid ongoing negotiations.
Russian Foreign Minister Sergey Lavrov, after talks in Belarus, said Europe mistakenly believes Russia is losing the conflict in Ukraine and is issuing ultimatums based on that misjudgment. He expressed hope that the US will prioritize peace and not leave the initiative to European nations. The remarks were reported by Russian state news agency TASS.
The Strait of Hormuz is expected to reopen on Friday after a US-Iran framework agreement, but mine clearance, insurance hurdles, and shipper caution mean normal traffic may take weeks to resume. Around 500 vessels remain stranded in the Gulf, and daily transits are still a fraction of prewar levels.
Britain's Court of Appeal has ruled that the government's proscription of the activist group Palestine Action as a terrorist organisation is lawful, overturning a lower court's decision. The ruling, delivered by a panel of five senior judges, including the Lady Chief Justice, cited the group's overt promotion of unlawful violence. The decision has drawn reactions from both supporters and critics of the ban.
The United States and Iran have signed an interim memorandum of understanding, mediated by Pakistan and Qatar, to end their war and reopen the Strait of Hormuz. The deal includes a 60-day negotiation period on nuclear issues and sanctions, with the US lifting its naval blockade and releasing billions in frozen assets. Reactions vary, with experts and regional powers expressing cautious optimism or skepticism.
US President Donald Trump announced that ships are starting to move through the Strait of Hormuz following a preliminary US-Iran deal, but ship-tracking data shows only a handful of vessels have transited, with hundreds still waiting. The reopening faces security concerns such as mines and tolls, while shipping operators and seafarers' advocates remain cautious.
The UK's solicitor general has referred the sentence of Vickrum Digwa, who was jailed for life with a minimum term of 21 years for the murder of Henry Nowak, to the court of appeal under the unduly lenient sentence scheme. The case has sparked political reactions, including warnings from the home secretary and calls from Reform UK leader Nigel Farage, while Sikh community groups condemn the killing and warn of a backlash.
French President Emmanuel Macron warned Iran against imposing tolls on shipping through the Strait of Hormuz, as a US-Iran deal to end the Middle East war takes effect. A joint France-UK military mission is ready to deploy to help secure the reopened waterway, though risks from potential mines remain. The agreement includes a 60-day negotiation process and the release of $12 billion in frozen assets, according to reports.
The US Federal Reserve and Bank of England are expected to keep interest rates unchanged this week, as a peace deal between the US and Iran eases inflationary pressures. Meanwhile, UK unemployment fell and wage growth strengthened, while the European Central Bank raised rates last week.
Britain's Court of Appeal has ruled that the government's proscription of the activist group Palestine Action as a terrorist organisation was lawful, overturning a High Court decision. The ruling has led to expressions of anger and defiance from protesters, with more than 3,000 arrests linked to the ban.
The UK government has announced a ban on social media access for children under 16, set to take effect in 2027. The measure follows Australia's model and is part of a global push to protect children online, but has drawn criticism from tech experts and some young users.
On the eve of the G7 summit in Évian, Geneva saw one of its largest demonstrations in years, drawing about 20,000 protesters. The rally, organized by the 'No-G7' coalition, turned violent when masked groups clashed with police, leading to tear gas, water cannons, burning cars, and damaged buildings.
World leaders and regional ministers have welcomed the US-Iran agreement, mediated with significant contributions from Pakistan and Qatar, which includes a permanent ceasefire and reopening of the Strait of Hormuz. The Islamabad Memorandum of Understanding is seen as a diplomatic breakthrough, with praise for Pakistan's instrumental role.
Taiwan's National Security Bureau has launched a website inviting Chinese nationals to report intelligence, citing growing public discontent on the mainland. China has condemned the move as espionage and promised countermeasures.
Michael Grade, the recently departed chair of Ofcom, has accused critics of GB News of trying to limit free speech to a 'liberal, Islington consensus.' His comments have drawn criticism from former Ofcom figures over the regulator's handling of the rightwing channel.
Brent crude has fallen to its lowest levels since early March as a US-Iran peace deal appears imminent, raising hopes for the reopening of the Strait of Hormuz. While markets react positively, experts caution that a swift return to normalcy is uncertain and could take months.
Two helicopters collided mid-air over Rio de Janeiro, killing all six people on board, including American alt-pop singer Oliver Tree. The aircraft crashed into the parking lot of an electric car dealership, setting about 20 vehicles on fire. Brazilian authorities are investigating the cause of the accident.
Reports indicate the US and Iran have agreed on a memorandum of understanding, an interim measure that extends the ceasefire for 60 days and includes a two-step peace process. Analysts describe the agreement as an outline for negotiations rather than a comprehensive settlement, with challenges ahead including the nuclear file and regional tensions.
British anti-Islam activist Tommy Robinson said he was detained at Heathrow Airport on Saturday and had his phone seized under the Counter-Terrorism and Border Security Act. The detention follows a week of his posts about racist and anti-immigrant riots in Northern Ireland, which erupted after a stabbing video went viral.