Spanish households save €10 a month thanks to renewables expansion, report finds

• UN Emergency Relief Coordinator Tom Fletcher has allocated $10 million from the Central Emergency Response Fund to combat food insecurity and famine risks in Somalia. • The funding arrives as humanitarian partners report that many newly displaced families have lost their belongings and tents, forcing them to rely on relatives and friends.

• Author Dylan Muggleton analyzes the feasibility of a "grand bargain" or grand plan to stabilize the current global geopolitical environment. • The analysis argues that such a deal is unrealistic because modern competition occurs across multiple simultaneous domains, including technology, energy, security, and economics.

• President Donald Trump met with French President Emmanuel Macron in Evian-les-Bains, France, during the G7 summit to discuss a deal to end the U.S. conflict with Iran. • Trump described the agreement as a potential breakthrough for global security, though some lingering questions remain before the formal signing.

• President Donald Trump began his visit to the G7 summit in Evian-les-Bains, France, by praising a new agreement intended to end the conflict between the U.S. and Iran. • During a meeting on Monday with French President Emmanuel Macron, Trump described the deal as a potential breakthrough for global security.

• Chinese President Xi Jinping and North Korean leader Kim Jong Un held a summit in June 2026 to discuss regional stability and diplomatic cooperation. • The meeting serves as a critical test of China's strategic claim that it can lead and maintain a "stable" new global order.

• A peace deal is expected to be signed this Friday to end military operations across all fronts, including conflicts in Lebanon. • Donald Trump has announced that the strategically vital Strait of Hormuz will be re-opened as part of the resolution.

• The U.S. and Iran are reportedly nearing a peace deal that would effectively end their current conflict. • Key terms of the agreement include the reopening of the Strait of Hormuz and the lifting of the U.S. naval blockade.

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japan (BoJ) has raised interest rates to a 31-year high, as it tried to dampen inflationary pressures created by the Iran war.Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”. Continue reading...

ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA findsBusiness live – latest updatesThe owner of Kingsmill’s £75m deal to buy Hovis to create the UK’s biggest bread brand has been cleared by the competition watchdog.The Competition and Markets Authority (CMA) ruled that Associated British Foods’ proposed takeover of Hovis did not raise competition concerns because if the deal did not go ahead “the most likely outcome” would be ABF’s bakeries arm leaving the UK market entirely. Continue reading...

Breakthrough treatment enabled Archie Goodburn, 24, to keep competing but he says one new drug in 20 years is not enoughArchie Goodburn, a 24-year-old champion swimmer who has a rare, inoperable form of brain cancer, is calling for the government to do more to help people with the condition.“I grew up representing my country, and I want to see my country supporting me back,” he said. Continue reading...

Nearly one in six pieces of news shared in local Facebook groups during the campaign is false, Social Market Foundation report findsGood morning. Andy Burnham seems to be on course to win the Makerfield byelection on Thursday. But, if he does win, it will be despite a huge increase in the amount of hostile, fake news about him circulating on local Facebook groups. This has been documented in a report out today by the Social Market Foundation thinktank that has important implications not just for Makerfield, but for how politics functions today in a social media environment awash with lies.In its report, the SMF says:Nearly 1 in 6 pieces of news shared in local Facebook groups during the campaign is false, with misinformation heavily targeting Labour and its candidate Andy Burnham, a new study has found.The Social Market Foundation analysed over 1,800 posts across four local Facebook groups – representing different towns and settlements within the constituency with 66,000 members across them in total – and found that the share of news posts classified as misinformation jumped from 4% before the by-election was called to 16% during the campaign, a four-fold increase. Continue reading...

World leaders will be joined by Volodymyr Zelenskyy as they try to keep Donald Trump on sideSo what we now have is the leaders of Canada, EU, Germany, Italy, Japan, the UK waiting for Trump, Macron and Zelenskyy.It sounded as if someone, possibly Meloni, was telling some sort of story that involved the White House, but it’s impossible to make out what it was. Continue reading...