Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 26th June, covering the latest developments you need to know.
1. Zelenskyy and Council of Europe sign agreement on tribunal for Ukraine war
Ukrainian President Volodymyr Zelenskyy signed an agreement with the Council of Europe to establish a special tribunal to address the "crime of aggression" related to the 2022 conflict involving Russia. The tribunal aims to hold senior officials accountable and complement the International Criminal Court, which lacks jurisdiction over this crime. The court is expected to begin operations around 2026 with broader international participation.
2. Ceasefire holds as U.S. and Iran prepare for possible talks
The fragile ceasefire between Iran and Israel held for a second day on Wednesday, with U.S. President Donald Trump confirming that American and Iranian officials are expected to hold talks next week. Trump said the U.S. had achieved its military goals in Iran, claiming that strikes had “completely and fully obliterated” Tehran’s nuclear program. While Iran has not officially confirmed any talks, U.S. envoy Steve Witkoff said backchannel communications are ongoing. A planned sixth round of formal U.S.-Iran negotiations was cancelled after Israel’s attacks on 13 June.
3. Türkiye to host NATO summit in 2026
Türkiye will host the next NATO summit in 2026, followed by Albania in 2027, according to the final declaration from the alliance’s meeting in The Hague.
Leaders also agreed to raise defence spending targets to 5% of GDP, highlighting a shift toward greater burden-sharing. While support for Ukraine was reaffirmed, the summit’s main focus was on strengthening NATO’s future strategy and unity amid rising global tensions.
4. IAEA says Iran legally bound to cooperate on nuclear program
IAEA head Rafael Grossi reminded Iran that its cooperation with the agency is a legal obligation under the Non-Proliferation Treaty, not a choice. He expressed concern over Iran’s threats to limit inspections after Israeli strikes on its nuclear facilities.
Iran’s parliament has passed a bill to suspend cooperation with the IAEA, pending final approval.
5. China hosts SCO Defence Summit in Qingdao
China hosted the Shanghai Cooperation Organization's defence ministers' meeting in Qingdao, calling for stronger multilateral cooperation amid rising global tensions. Chinese Defence Minister Dong Jun criticized unilateralism and urged SCO members to uphold international stability following the Iran-Israel ceasefire. All 10 SCO member states, including India for the first time in five years, attended the summit.
6. Kenya faces deadly nationwide protests
At least 16 people were killed during nationwide anti-government protests in Kenya, marking one year since deadly tax protests in 2024. Rights groups, including Amnesty Kenya and the Kenya National Commission on Human Rights, accused police of using lethal force, with many victims shot by security forces. The unrest involved thousands of demonstrators, clashes with police, and disruptions in multiple cities, amid ongoing demands for justice and police accountability.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
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