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In 1960, Cuba regained its piers, sugar, and electricity from its American owners. In May of this year, Washington moved to take them back. He prosecuted Raul Castro for the 1996 downing of Brothers to the Rescue, sailed the aircraft carrier to the Caribbean, and won Supreme Court support for claims for confiscated property. None of this is improvised. While this development, like much of the current spectacle of the U.S. administration, appears chaotic, its impact is anything but.Behind this convergence lies an old machine. The U.S. embargo, which began under the Eisenhower administration and was tightened under the Kennedy…
Traders work on the floor of the New York Stock Exchange (NYSE) on June 18, 2025 in New York City, USA. Brendan McDiarmid | ReutersU.S. Treasury yields were relatively flat on Monday as investors weighed the fallout from tensions in the Middle East and a reduced likelihood that the Federal Reserve would cut interest rates anytime soon.The yield on the 10-year Treasury note, a key benchmark for mortgages, auto loans and credit card debt, was flat at 4.536%.The yield on the two-year Treasury note, which is more sensitive to the Federal Reserve’s short-term interest rate decisions, fell more than 1…
This photo shows an aircraft of the Irish low-cost airline Ryanair parked at Thessaloniki Airport “Macedonia” in Thessaloniki on May 7, 2026. Ryanair will close its base at Thessaloniki Airport in October 2026 and notify staff of the move. The decision follows a dispute over an increase in airport fees imposed by operator Fraport Greece. (Photo by Sakis Mitrolidis/AFP via Getty Images)Sakis Mitrolidis | AFP | Getty ImagesThe International Air Transport Association has warned that global airlines are expected to see their profits halved in 2026 as rising jet fuel prices continue to weigh on the industry. Willie Walsh, IATA’s…
Jonathan Ra | Null Photo | Getty Imagesmarvel technology It rose nearly 9% in premarket trading on Monday after the AI chipmaker announced it would join the benchmark. S&P500 index.Semiconductor companies traded in NasdaqS&P Global said in a press release Friday that it will join the broad market index on June 22, joining the 500 largest U.S. companies. Marvell is up 8.8% in pre-market trading and is up 210% year-to-date. Electronics manufacturer Flex is also on the list of companies joining the S&P 500 later this month. pool coop and campbells company removed from the index. The chip stock has…
Israel launched attacks across Iran overnight, with explosions reported in Tehran, Tabriz, Qarazi and Isfahan, marking the most serious escalation between the two countries since a fragile ceasefire was established in April.The attack came hours after Iran fired a barrage of missiles into northern Israel, accusing Israel of repeated ceasefire violations through its ongoing military operations in Lebanon. Israel says it is targeting the militant group Hezbollah, Tehran’s closest ally, in the country.Recommended stories list of 4 itemsend of listOn Monday, US President Donald Trump called on both countries to stop attacking each other.”Israel and Iran should stop ‘shooting’ immediately,”…
summary In rural Ghana, motorcycle-powered tricycle ambulances are reducing transport times for pregnant women. The vehicles cost about $7,000 each and include a stretcher, oxygen and an emergency birth kit. Moving Health has a fleet of 31 ambulances serving more than 230,000 people. AI-generated summaries were reviewed by CNN editors. Billy Rosemount was scared and in pain. The 24-year-old, who lives in a remote rural area in northern Ghana, had a miscarriage and feared for her life. “I was bleeding and the midwife couldn’t control the blood,” she recalled. Midwives at the local clinic had to transport her to a…
Shares in weight-loss drug maker Zealand Pharma plunged as much as 26% on Monday after new data on the company’s experimental drug raised concerns about potential side effects.The Danish drugmaker said its drug sulbodutide met key goals in late-stage trials, but 19% of patients withdrew from the trial due to gastrointestinal problems, compared with 2.9% with a placebo.”Safety and tolerability remain key issues,” Barclays analysts said in a note Monday. High discontinuation rates, with more than 40% of patients reporting vomiting, could limit the drug’s commercial potential as a treatment for patients suffering from obesity and fatty liver disease, the…
In his historic peace-focused speech to Spain’s parliament on Monday, Pope Leo In Leo XIV’s first address as a pope to the politicians of the General Council of Cortes, he emphasized that “peace requires diplomatic courage and moral responsibility” and that states resolve disputes based on international law. His remarks came amid a trade strike between Israel and Iran in the worst escalation of war since a cease-fire in April, and on a day when the pope met with Spanish Prime Minister Pedro Sánchez, who has opposed the US-Israel war on Iran. The Pope has also been outspoken in his…
A pedestrian pushes a stroller past a red Vespa scooter outside the Banca Monte Dei Paschi Di Siena SpA bank in Pescara, Italy.Mark Hill | Bloomberg | Getty ImagesBidding war for Italy Monte dei Paschi di Siena broke out between rivals Intesa Sanpaolo and Banco BPMtwo lenders are fighting for control of the world’s oldest bank.Intesa on Monday announced an unsolicited offer of 30.6 billion euros ($35.3 billion) in hopes of taking over its rival and creating Europe’s second-largest bank by market capitalization. In a statement, the company said its offer represents a 12.5% premium to MPS’s closing share price…
Published June 8, 2026June 8, 2026Fans arriving at Madison Square Garden for Game 3 of the NBA Finals will be greeted with road closures, no viewing parties, no baggage and strict security measures as U.S. President Donald Trump descends on downtown Manhattan for a home game between the New York Knicks and San Antonio Spurs.The Knicks defied the odds and jumped out to a 2-0 lead in the best-of-seven series ahead of Monday’s first home game of the Finals.The New York team won two games on the road as French superstar Victor Wembaneyama did not live up to expectations in…