The Latest Breaking News from Washington D.C.

Americans are spending $800 just to cool their homes. We are at a breaking point

While the stock market booms for the rich, cost of living is soaring for everyone else

The Guardian - US · Jun 18

US and Iran sign deal, but who really won? Here's what to know

Trump signed the framework deal at Versailles while Pezeshkian signed in Tehran, pledging to reopen the Strait of Hormuz and triggering 60 days of further talks. Analysts say the terms leave Tehran in a stronger position than the deal's framing suggests.

Euronews · Jun 18

India treads cautiously as Trump seeks fresh start with PM Modi

US President Donald Trump and Prime Minister Narendra Modi struck a friendly tone during their first face-to-face meeting in over a year, with Trump calling Modi a long-time friend and a tough trade negotiator despite his calm demeanor.

The Economic Times · Jun 18

New Fed chief declines to make rate prediction

WASHINGTON - Federal Reserve chairman Kevin ‌Warsh did not submit an interest-rate prediction as part of the central bank’s quarterly economic projections on Wednesday, spelling changes ahead for what has become a key guidepost for investors on monetary policy.

Bangkok Post · Jun 18

NYC Mayor Zohran Mamdani tests his political clout in New York's primary as he looks to reshape the Democratic Party

New York City Mayor Zohran Mamdani's political influence is growing rapidly. He is now challenging Democratic Party leaders in New York and Washington. Mamdani is supporting candidates who align with his progressive values. Republicans are using his socialist image to target Democratic candidates. His actions are energizing voters and reshaping…

The Economic Times · Jun 18

$300 billion, sanctions relief, Hormuz reopening: What Tehran gets, what Washington gains from peace deal MoU

The US-Iran peace memorandum of understanding (MoU) outlines a sweeping framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran's frozen assets and providing $ 300 billion for reconstrction and opening the door for long-term negotiations.

The Times of India · Jun 18

US: Washington airport will halt operations for most of July 4th

Ronald Reagan Washington National Airport will shut down on July 4th from noon and for several hours on July 3rd due to U.S. anniversary events, including military flyovers. Hundreds of flights are expected to be cancelled. Airlines have adjusted schedules and informed passengers, with the airport anticipated to reopen early…

The Economic Times · Jun 18

Inside the chaotic Iran talks that let Trump claim victory, but not yet peace

President Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Israeli airstrikes threatening the talks, a framework deal was reached, promising Iran sanctions relief and financial aid in exchange for nuclear commitments. Trump later signed the agreement in…

The Economic Times · Jun 18

Lula warns Trump against meddling in Brazil election after criticism of judiciary

Brazilian President Luiz Inácio Lula da Silva on Wednesday warned President Donald Trump against interfering in Brazil's October presidential election after renewed US criticism of judicial actions against Lula's political opponents. The exchange underscores rising tensions as Washington pushes new tariffs and labels two drug-trafficking groups as foreign terrorist organisations.

France 24 · Jun 18

US-Iran deal takes 'immediate effect' after both sides sign, Pakistan premier says

Pakistan says that the deal to end the war in Iran is taking 'immediate effect' after both sides have signed it, but that there will still be a formal signing ceremony on Friday

AAP · Jun 17