USA out, Tehran vengeance, Trump-Meloni feud and Platner

USA out, Tehran vengeance, Trump-Meloni feud and Platner

The United States crashes out of the World Cup as President Donald Trump’s red card intervention overshadows the tournament. Tens of thousands fill Tehran’s streets for Ayatollah Ali Khamanei’s funeral with mourners calling for vengeance against the U.S. and Israel. Trump arrives at the NATO summit in Ankara already at odds with Italian Prime Minister Giorgia Meloni. And, Democrats have until July 13 to pull the plug on their Maine Senate candidate as sexual assault allegations threaten one of the midterms’ most critical races.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Freuters.sng.link%2FEng86%2F0flfc%2Fr_b612e09fe6&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600634080%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=78Ppb%2FgS6uiby6qWshbaJDTUn%2Fl8REr7WrXwEh2OZp4%3D&reserved=0]. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠ [https://www.reuters.com/newsletters/reuters-econ-world/]. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.chtbl.com%2FAbxd8GDx&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600673954%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=bVY7gCotsBlqaGM9%2BvNVcuniqclEUMjnoY0IiARFW4A%3D&reserved=0]. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Trump’s World Cup call, Iran’s funeral procession and Venezuela's death toll

FIFA clears red-carded U.S. striker Folarin Balogun to play against Belgium after President Donald Trump called FIFA chief Gianni Infantino. Mourners line the streets of Tehran for the funeral procession of slain Supreme Leader Ayatollah Ali Khamenei, as his son and successor remains out of sight. And Venezuela's earthquake death toll tops 3,300 as survivors face the grim task of identifying the dead.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Freuters.sng.link%2FEng86%2F0flfc%2Fr_b612e09fe6&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600634080%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=78Ppb%2FgS6uiby6qWshbaJDTUn%2Fl8REr7WrXwEh2OZp4%3D&reserved=0]. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠ [https://www.reuters.com/newsletters/reuters-econ-world/]. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.chtbl.com%2FAbxd8GDx&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600673954%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=bVY7gCotsBlqaGM9%2BvNVcuniqclEUMjnoY0IiARFW4A%3D&reserved=0]. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

American party, Iranian prayers, Russia’s gasoline crisis and England’s pubs

America celebrates Independence Day with military flyovers, flotillas and fireworks. Funeral prayers and tears for slain Iranian leader Ayatollah Ali Khamenei but still no sign of his son and successor Mojtaba Khamenei. Ukrainian drones hit St Petersburg region oil terminal as Russia’s fuel crisis deepens. And, England fans can drink till dawn after the UK government allows the pubs to open until 5 am for the World Cup match with Mexico. Watch the latest On Assignment ⁠Fourth of July from inside the White House ⁠ [https://www.reuters.com/podcasts/fourth-july-inside-white-house-2026-07-04/]. Listen to the Morning Bid podcast ⁠⁠⁠here⁠⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Freuters.sng.link%2FEng86%2F0flfc%2Fr_b612e09fe6&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600703027%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=72pn%2BR49pQbWZiUyjCiUxbg6BIWNxe8%2F1ITXf4J6dYU%3D&reserved=0]. Sign up for the Reuters Econ World newsletter ⁠⁠⁠here⁠⁠⁠ [https://www.reuters.com/newsletters/reuters-econ-world/].  Listen to the Reuters Econ World podcast ⁠⁠⁠here⁠⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.chtbl.com%2FAbxd8GDx&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600732950%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=fX87JTBYLBuAmci%2B%2FHjeb8W1bVHtGdZQ%2Bcv5KasL9eY%3D&reserved=0]. Visit the ⁠Thomson Reuters Privacy Statement⁠ [https://www.thomsonreuters.com/en/privacy-statement.html] for information on our privacy and data protection practices.  You may also visit ⁠megaphone.fm/adchoices⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmegaphone.spotify.com%2Fabout-advertisements&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600762287%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=r5x%2BL4%2F6qoa4yP40O1UfyiBlzkKAglq%2F7SacOrB%2F3qI%3D&reserved=0] to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

U.S. turns 250, Taylor-Travis wed and Iran mourns Khamenei

U.S. President Donald Trump marks America's 250th birthday [https://www.reuters.com/world/us/trump-extols-america-rails-communism-us-250th-celebration-2026-07-04/] with a speech at Mount Rushmore, warning of a communist threat from progressive Democrats. Taylor Swift and Travis Kelce married [https://www.reuters.com/lifestyle/taylor-swift-travis-kelce-wedding-celebration-light-up-new-york-2026-07-03/] at Madison Square Garden, with Adam Sandler officiating. Iran began days of funeral processions for Supreme Leader Ayatollah Ali Khamenei [https://www.reuters.com/business/media-telecom/iranians-flock-week-long-funeral-rites-khamenei-2026-07-04/]. Plus, Argentina beat Cape Verde 3-2 [https://www.reuters.com/sports/soccer/extra-time-own-goal-finally-gets-argentina-past-cape-verde-into-last-16-2026-07-04/] in extra time at the World Cup. Watch the latest On Assignment Fourth of July from inside the White House [https://www.reuters.com/podcasts/fourth-july-inside-white-house-2026-07-04/]. Listen to the Morning Bid podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Freuters.sng.link%2FEng86%2F0flfc%2Fr_b612e09fe6&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600703027%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=72pn%2BR49pQbWZiUyjCiUxbg6BIWNxe8%2F1ITXf4J6dYU%3D&reserved=0]. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠ [https://www.reuters.com/newsletters/reuters-econ-world/].  Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.chtbl.com%2FAbxd8GDx&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600732950%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=fX87JTBYLBuAmci%2B%2FHjeb8W1bVHtGdZQ%2Bcv5KasL9eY%3D&reserved=0]. Visit the Thomson Reuters Privacy Statement [https://www.thomsonreuters.com/en/privacy-statement.html] for information on our privacy and data protection practices.  You may also visit megaphone.fm/adchoices [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fmegaphone.spotify.com%2Fabout-advertisements&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600762287%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=r5x%2BL4%2F6qoa4yP40O1UfyiBlzkKAglq%2F7SacOrB%2F3qI%3D&reserved=0] to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

A weekend like no other: Khamenei's funeral, America's birthday and Taylor's wedding bash

Iran prepares to bury its slain leader, Ayatollah Ali Khamanei, with a week of mass mourning. Taylor Swift and Travis Kelce are widely expected to host their wedding celebration at Madison Square Garden. And America celebrates the 250th anniversary of its Declaration of Independence on Saturday. Listen to the Morning Bid podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Freuters.sng.link%2FEng86%2F0flfc%2Fr_b612e09fe6&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600634080%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=78Ppb%2FgS6uiby6qWshbaJDTUn%2Fl8REr7WrXwEh2OZp4%3D&reserved=0]. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠ [https://www.reuters.com/newsletters/reuters-econ-world/]. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠ [https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.chtbl.com%2FAbxd8GDx&data=05%7C02%7CGayle.Issa%40thomsonreuters.com%7Cc612f3251f884fc5e8ed08de5a5d74fe%7C62ccb8646a1a4b5d8e1c397dec1a8258%7C0%7C0%7C639047554600673954%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=bVY7gCotsBlqaGM9%2BvNVcuniqclEUMjnoY0IiARFW4A%3D&reserved=0]. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]