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Indonesia wants AI running its government, starting with a troubled free-meals program
Indonesia is planning to embed artificial intelligence across key government programs, including its $15 billion free school meals scheme, as a draft presidential regulation awaits President Prabowo Subianto's signature.
Bank Of England Drops Stablecoin Holding Caps
The Bank of England has published its final policy framework for systemic stablecoins, scrapping individual holding caps and introducing a £40 billion total issuance limit per coin, with full rules expected by end of 2026.
Keir Starmer Resigns As UK Prime Minister
UK Prime Minister Keir Starmer has announced his resignation as Labour leader, saying he is not best placed to lead the party into the next general election. A leadership contest opens July 9.
A new bill would ban Congress from betting on its own decisions
Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar members of Congress and their families from wagering on government policy or political outcomes via prediction markets like Polymarket and Kalshi.
Israel And Hezbollah Just Agreed to a Ceasefire
Israel and Hezbollah agreed to a ceasefire effective 4 p.m. local time on June 19, 2026, brokered by the US and Qatar, halting a deadly escalation that threatened Washington-Tehran peace talks.
Iran and the United States Sign MoU To END Hostilities And Reopen Hormuz
Iran and the United States have signed the Islamabad Memorandum of Understanding, agreeing to end hostilities, lift naval blockades, and reopen the Strait of Hormuz to commercial shipping within 30 days.
Trump And Iran Sign Deal To End War
President Trump and Iranian President Masoud Pezeshkian have signed an initial agreement to end the US-Iran conflict, reopen the Strait of Hormuz, and launch a $300 billion reconstruction plan, with nuclear talks set for the next 60 days.
China just plugged 26 banks into its cross-border digital yuan
China's PBOC has signed 26 financial institutions, including Standard Chartered, as the first direct participants in CBETS, a 24/7 cross-border payment network built on the e-CNY digital yuan.
Warsh's first Fed meeting: rates hold, and hikes are back on the table
The Federal Reserve held its benchmark rate at 3.5 to 3.75 percent at Kevin Warsh's debut FOMC meeting, but a hawkish dot plot showing nine of 18 members expecting a rate hike before year-end rattled markets.
Central banks are buying gold like it's 2022 all over again
A record 43% of central banks plan to raise their gold reserves in the next 12 months, according to the World Gold Council's 2025 survey, as geopolitics and the memory of frozen Russian assets drive a sustained shift away from dollar-denominated holdings.
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