Foreign policy
Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages
A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran’s first nuclear seaport. Amir | Afp | Getty Images Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf. Marine insurers are now charging […]
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CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices […]
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Trump and India’s Modi split over U.S. role in Pakistan ceasefire
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images Indian Prime Minister Narendra Modi used his first conversation with U.S. President Donald Trump since the early May […]
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Stealth aircraft and 30,000-pound bombs: Why destroying Iran’s nuclear program is such a difficult feat
A KC-135 Stratotanker aircraft refuels a B-2 Spirit aircraft with the 509th Bomb Wing over Kansas Aug. 29, 2012. U.S. Air Force photo DUBAI, United Arab Emirates — Iran is staring down the possibility of seeing its most important nuclear facilities hit by a 30,000-pound American bomb. White House officials on Tuesday told NBC News […]
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These are the sticking points holding up a U.S.-EU trade deal
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025. Sergei Gapon | Afp | Getty Images The U.S. and European Union are running out of time to strike a deal on trade tariffs — and analysts say several key sticking points could make […]
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CNBC’s UK Exchange newsletter: A quantum quandary for the UK government
This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and the key personalities shaping the news. The newsletter will also highlight other key developments in the U.K. that you won’t want to miss, plus a preview of […]
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Asia-Pacific stock markets are set to open lower as Iran-Israel conflict dents investor sentiment
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets were set to fall Wednesday, as escalating tensions between Israel and Iran weigh on investor sentiment. Adding fuel to fire, U.S. President Donald Trump is weighing a military strike on Iran, while demanding the country’s leader […]
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Trump threatens Iran’s leader, demands ‘unconditional surrender’
U.S. President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington, June 17, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday warned Iranian leader Ali Khamenei that he is an “easy target” and “our patience is wearing thin,” before […]
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‘Because I like them’: The UK has a magic formula that won over Trump
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images President Donald Trump’s mercurial nature and leadership […]
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CNBC Daily Open: Iran’s desire for a ceasefire lifts U.S. markets, but could be one-sided
Smoke rises after a reported Israeli strike on a building used by Islamic Republic of Iran News Network, part of Iran’s state TV broadcaster, on June 16, 2025 in Tehran, Iran. Stringer | Getty Images News | Getty Images The U.S. stock market rose amid news that Iran wants a ceasefire with Israel. As early […]
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