Bloomberg L.P.
Amazon plans to invest A$20 billion in data center infrastructure development in Australia by 2029. The investment will support demand for cloud computing and artificial intelligence.
Iran says talks with the US on the nuclear program have become impossible after Israel's strikes. The US and Iran were due to resume talks in Oman on Sunday.
The US does not plan to lower the limit price for Russian oil in the G7. The EU and Britain want to lower the ceiling to $45 per barrel to put pressure on Russia's income.
Following Israeli airstrikes on Iran, tourism stocks fell while energy and defense stocks rose. The S&P 500 fell, and the price of oil rose the most since 2020.
The Dutch government has agreed to increase defense spending to 5% of GDP by 2032, supporting NATO's goal. This decision may lead to a conflict with parliament.
Brent crude rose to $78 a barrel, the biggest jump since 2022. Israel has struck Iran's nuclear program, raising fears of oil supply disruptions.
The Alliance will be able to observe maneuvers, troop movements, and battlefield operations. SINBAD technology will help monitor the Arctic due to the ambitions of Russia and China.
G7 countries may abandon the joint communique at the summit in Canada due to large differences between the US and other members on issues of Ukraine and climate change. Instead, leaders may issue separate statements.
Iran has announced the creation of a new uranium enrichment center, increasing tensions with the US and Israel. This was in response to IAEA criticism of Tehran's nuclear commitments.
Nvidia CEO Jensen Huang predicts significant growth in Europe's computing power in the field of artificial intelligence and the creation of more than 20 AI factories. The company is also collaborating with Mistral AI for local computing.
Corrosion has been discovered on a nuclear reactor in France, leading to an increase in the country's annual electricity production costs. Electricite de France is conducting a large-scale inspection and assessment of the situation.
Elon Musk has expressed regret over his posts about Donald Trump that fueled their feud. The dispute resulted in Musk losing $34 billion in wealth.
The NATO summit in The Hague will consider including contributions to Ukraine's defense in the new target for defense spending. The Alliance will work to remove barriers to trade in defense products.
Iran Air is preparing for the lifting of US sanctions, looking for planes and partners for expansion. The company has contacted various airlines, seeking to conclude code-sharing agreements.
More than 290,000 people received citizenship in Germany, including 83,000 Syrians and 13,000 Russians, which is six times more than last year. The government has relaxed the citizenship law to attract workers.
In 2025, the Persian Gulf will provide all of the increase in oil production in the US, 250,000 barrels per day. Offshore projects are becoming more profitable due to falling prices and reduced investment in shale oil.
The Trump administration may stop supplying weapons to Ukraine, but it will not stop providing satellite intelligence. This is important for target designation on the battlefield, because it is the eyes and ears of Ukraine.
Leading AI chatbots in China have temporarily disabled image recognition during the national "gaokao" exam. This was done to prevent cheating by applicants.
The US and China are planning talks in London on June 9 regarding the export of rare earth minerals. Trump said China would resume supplying minerals and magnets to the US.
At WWDC 2025, Apple will focus on software updates, but there are questions about AI development, tariffs, and production relocation. A redesign of the interface and a change in the names of the OS are possible.
JD Vance said Elon Musk is wrong to criticize Trump. The political alliance broke down after Musk criticized tax policy, which crashed Tesla shares by $150 billion.
Emmanuel Macron will visit Greenland on June 15 to hold talks with the Prime Ministers of Denmark and Greenland on security, climate change and European sovereignty. The visit will take place before the G7 meeting in Canada.
A US appeals court has allowed Trump to bar some journalists from "restricted areas", including the Oval Office and Air Force One. AP had previously filed a lawsuit against the Trump administration.
Musk's dispute with Trump threatens the business of the American billionaire. Falling Tesla sales, SpaceX problems, and the X crisis cast doubt on the future of Musk's empire.
Elon Musk's fortune has decreased by $34 billion due to the conflict with Trump. The reason was threats of cancellation of government contracts and refusal to appoint the head of NASA.
Silver and platinum are rising in price due to investor interest in industrial metals. The growth is supported by technical momentum and increased demand in India and China.
Due to Trump's rhetoric and strict rules, Canadians have cut trips to the US by 20%. Instead, the popularity of the Caribbean, Europe and Mexico has increased among Canadian tourists.
The German Defense Minister stated that the country needs to increase its armed forces by 60,000 troops. NATO countries have pledged to increase defense spending.
The NATO summit in The Hague will decide how much to spend on defense in the future and discuss a new investment plan. It is important to be able to defend ourselves not only today, but also in a few years.
The Trump administration is redirecting key drone defense technology from Ukraine. Detonators for missiles will now be received by US Air Force units in the Middle East.