Iran-US deal, G7 summit and Iran’s World Cup opener

Iran deal signed, Warsh’s Fed era and Mangione’s defense

The U.S. and Iran sign an interim agreement to end the war and reopen the Strait of Hormuz. The deal looks set to bolster Hezbollah’s hand with Tehran promising its ally a cut of the cash once its assets are unfrozen. It’s a new day at the Fed as Kevin Warsh takes the helm. Luigi Mangione plans for a mental health crisis defense. And a small UK election could spell big trouble for Prime Minister Keir Starmer. 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]

G7, Messi and the Cape Verde goalie

The death rate in U.S. immigration centers doubles since President Donald Trump took office, a Reuters analysis finds. World leaders at the G7 walk a tightrope to avoid provoking Trump. Reuters reveals the $300 billion private investment fund outlined in the U.S.-Iran deal. Messi scores a hat-trick to equal the all-time World Cup scoring record. And the mom of Cape Verde’s history-making goalkeeper watches from home, barred by a $15,000 visa bond. 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 Iran gamble, UK social media ban and World Cup water breaks

U.S. President Donald Trump’s Iran deal is dividing his party and putting his midterm hopes at risk. FIFA’s new controversial rule forces World Cup players to stop mid-game for hydration breaks. And the UK pulls the plug on social media for under 16s. 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]

Iran-US deal, G7 summit and Iran’s World Cup opener

U.S. President Donald Trump announces a peace deal with Iran on his 80th birthday, with both sides set to formally sign in Switzerland on Friday. Trump rounds out his celebration hosting thousands of guests for a UFC fight on the South Lawn. World leaders gather in France for the G7 summit. And Iran takes on New Zealand in their World Cup opener.  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]

Knicks win, Trump’s UFC birthday and Albania’s ‘flamingo revolution’

The New York Knicks beat the San Antonio Spurs to claim their first NBA championship in more than 50 years. U.S. President Donald Trump marks his 80th birthday with UFC fights on the White House lawn. Protesters in Albania's capital rally against a luxury resort project tied to Jared Kushner, in demonstrations being called the Flamingo Revolution. Watch Reuters World Cup podcast Pitchside here [https://www.reuters.com/sports/pitchside-episode-1-politics-players-stickers-2026-06-13/] 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 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]