Israel struck Syria’s military headquarters in Damascus on Wednesday and continued to bomb areas of southern Syria where the Israel-backed Druze minority group is clashing with Bedouin tribes whom Israel says are being supported by the Syrian regime. The escalation risks further undermining Syria’s fragile post-Assad stability. Meanwhile, Israel also launched its deadliest strike on Lebanon since last year’s ceasefire, killing five Hezbollah fighters as it tries to pressure the militant group to disarm. For more on whether that could ever happen, see here.
US President Donald Trump’s efforts to strike trade deals may finally be gathering momentum. The White House on Tuesday announced a deal with Indonesia, its first since Trump sent letters to several major trade partners threatening higher tariffs by Aug. 1. US-China tensions also appear to be easing slightly after Washington rescinded its export restrictions on AI chips. Meanwhile in Canada, Washington’s second-biggest trade partner, Prime Minister Mark Carney acknowledged that he’ll have to accept some US tariffs in order to reach a deal with Trump, a sign that he too may be ready to strike a trade pact.
Ignorance is strength, as the slogan from George Orwell’s “1984” goes, and beggars don’t exist – at least not according to Cuban Labor Minister Marta Elena Feitó Cabrera. Her comments sparked a rare public backlash, forcing her to resign. Communist-led Cuba has been suffering from an especially painful economic crisis recently, with frequent blackouts, rising levels of poverty and hunger, and even shortages of basic medicines. The pain is so bad that at least 10% of the island’s population hasfled since 2022.
At the 2026 US Canada Summit in Toronto, hosted by Eurasia Group and RBC, Ian Bremmer breaks down the idea of a US-China “Thucydides Trap,” where rising and dominant powers collide.
The interim agreement to end the war, signed by both sides on Wednesday, appears to tilt toward Iran. But the regime remains vulnerable.
On June 14, the US and Iran announced a deal to end the war. A signing ceremony is set for Friday. The terms include an immediate ceasefire on all fronts. With both sides spinning the deal as a victory, there are plenty of ways for this to go wrong.
Sports inspire greatness, determination, and resilience — both on and off the field. Bank of America is proud to celebrate the achievements of and uplift communities through the power of sports. Learn more about how Bank of America supports athletes in life and in the game.