Plus, strikes failed to destroy nuclear sites.

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Daily Briefing

Daily Briefing

By Kate Turton

Hello. Leaders gather for the NATO summit as the Israel-Iran ceasefire holds, analysts say Trump's budget plan shifts wealth from young to old, and Mamdani set to win New York City's Democratic mayoral contest after Cuomo concedes.

Plus, we catch up with some Trump voters to see how they feel about him now.

 

Today's Top News

 

Dutch royals, NATO officials, and heads of state and governments on the sidelines of a NATO Summit, The Hague, Netherlands June 24, REUTERS/Christian Hartmann/Pool

  • NATO leaders are set to back Trump’s defence spending goal at a summit in the Hague. But Spain is opting out. Carmel Crimmins joins the Reuters World News podcast with more - listen now.
  • US airstrikes did not destroy Iran's nuclear capability and only set it back by a few months, according to a preliminary US intelligence assessment, as a shaky ceasefire brokered by President Donald Trump took hold between Iran and Israel.
  • After months of political turmoil, war and plummeting popularity, Israel's powerful strike on Iran is likely to reframe Prime Minister Benjamin Netanyahu's legacy. However, the war against Hamas in Gaza is still grinding on.
  • Zohran Mamdani, a 33-year-old state lawmaker and self-described democratic socialist, was poised to win New York City's Democratic mayoral primary in a surprising upset over former New York Governor Andrew Cuomo.
  • Trump's sweeping tax-cut legislation would effectively transfer wealth from younger Americans to older generations, nonpartisan analysts say.
  • Kilmar Abrego Garcia, the migrant wrongly deported to El Salvador only to be returned to the US to face criminal charges, is due back in court for a judge in Tennessee to set the conditions of his release from jail.
  • A review on the use of the preservative thimerosal in vaccines slated to be presented to the US Centers for Disease Control and Prevention's outside vaccine committee cites a study that does not exist, the scientist listed as the study's author said.
  • A US State Department delegation met with senior officials from France's National Rally in late May, but their offer to publicly support figurehead Marine Le Pen after a court barred her from office was rebuffed by the far-right party, two sources said.
 

Business & Markets

 

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo

  • Oil prices climbed more than 1% as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data that showed US demand was relatively strong. Watch today's market rundown for more.
  • US regional electric grid operators scrambled to avoid rotating blackouts, preserving razor-thin power generation margins as temperatures in the eastern half of the country soared past 38 degrees Celsius.
  • Chinese electric vehicle champion BYD has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. Meanwhile, Tesla's European sales slumped for a fifth month.
  • Thailand's government is moving to recriminalize cannabis, plunging into limbo an industry estimated to be worth over $1 billion that has boomed since the substance was taken off the country's narcotics list in 2022.
  • Trump said that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of US sanctions.
  • Australian sheep farmers are cashing in on record-high sheep prices, as rising global demand for lamb and mutton fuels a boom in exports from the world's top sheep meat supplier. 
 

They voted for Trump. Most still back him - but not on everything 

 

Loretta Torres at her home in Baytown, Texas, May 16, 2025. REUTERS/Callaghan O'Hare

Stay-at-home mother Loretta Torres, 38, admires President Donald Trump’s confidence and bargaining style. She has no complaints with his presidency.

Whereas Lou Nunez, an 83-year-old US. Army veteran, has been horrified by Trump’s cuts to federal agencies, whipsaw tariff announcements, and crackdowns on protesters.

Terry Alberta, 64, a pilot in southwestern Michigan, supports most of Trump’s policies but he thinks some of the slashed federal spending might have to be restored and he dislikes the president’s demeanor. 

Although they all helped elect Trump in November, Torres, Nunez and Alberta have very different reactions to his presidency so far.

Read more
 

And Finally...

A killer whale swims with kelp in its mouth

It is a rare instance of tool use by marine mammals. San Juan Island, Washington, June 19, 2024. Center for Whale Research, NMFS NOAA Permit 27038/Handout via REUTERS

 Killer whales are known for exceptional intelligence, displaying complex social structures and sophisticated communication. New research provides fresh evidence for this, documenting how these marine mammals use stalks of seaweed as tools to groom each other - as in, "You scratch my back and I'll scratch yours."

Read more