Plus, can anyone fix Britain?

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Daily Briefing

Daily Briefing

By Kate Turton

Hello. The US waives Iran sanctions, forty people drown in France as a heatwave sweeps Europe, and the regular change of PMs is a symptom of the UK's malaise.

Plus, Mamdani tests Democrats' appetite for far-left candidates.

Today's Top News

 

Delegation staff members at a quadrilateral meeting between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, Switzerland. REUTERS/Nathan Howard/Pool 

Middle East

  • The US waived sanctions on Iran for 60 days after the first talks under a nascent peace deal, with President Donald Trump saying he will "do what I have to do" if Iran does not stick to its side of the agreement.
  • A former Israeli prime minister acknowledged that Israel had smuggled Starlink internet receivers into Iran to help anti-government protesters, though he said Prime Minister Benjamin Netanyahu's ‌government failed to follow through on the plans.
  • Israeli authorities and security forces deliberately targeted Palestinian children, resulting in genocide, crimes against humanity and war crimes in Gaza, and war crimes in the occupied West Bank, an independent U.N. inquiry said.

In other news

  • Following Keir Starmer's resignation,  Andy Burnham looks set to become the next Labour leader and UK Prime Minister. Andy Bruce tells the Reuters World News podcast there are still major unknowns about his governing style. 
  • Forty people have drowned while swimming in unsupervised areas in France since the weekend, the prime minister said, as people tried to escape a heatwave sweeping across much of Europe.
  • Six people were wounded in Russian air strikes on Ukraine overnight, local authorities said, while Russia's ongoing fuel crisis deepened into parts of Siberia.
  • Trump returns to the campaign trail for the first time in two weeks, visiting politically divided Pennsylvania to deliver a pitch about the revival of the ‌US Rust Belt to voters feeling inflation’s bite. Here are four things to watch out for in today's primaries.
  • Congo's Ebola outbreak has ‌the largest number of confirmed cases in ⁠the first month of any Ebola outbreak in Africa, a ‌senior ⁠World Health Organization official told a ⁠briefing.
 

Business & Markets

 

A worker walks beneath a partly assembled vehicle on the production line for the Qashqai model car at the Nissan car factory in Sunderland, Britain. REUTERS/Phil Noble/File Photo

  • Nissan has stopped work on an electric version of its top-selling model in Europe, six sources with knowledge of the matter said, as the Japanese automaker trims its lineup and cuts costs. Read our exclusive.
  • China has overtaken the US to win the top spot on a list of the world's fastest supercomputers, but the results may ‌say more about Beijing's desire to show self-sufficiency in computing systems than its standing in the global AI race.
  • The global AI boom has turned South Korean chipmaking giants SK Hynix and Samsung into stock market darlings. It has also thrust their employees into the top tier of the country's highly competitive marriage market.
  • Britain is considering forcing social media companies to prioritize what the government called trusted news sources as part of its broader push to tighten regulation of the sector.
  • Elon Musk became the first trillionaire by defying business wisdom, upending financial standards and embracing far-right politics. On The Big View podcast this week Peter Thal Larsen asks Quinn Slobodian, co-author of “Muskism”, whether Musk is a one-off or a model of the future.
 

Mamdani endorsements test Democrats' appetite for far-left candidates

 

Zohran Mamdani after casting his ballot during early voting for the New York primary election at the Metropolitan Museum of Art. REUTERS/Eduardo Munoz

New York City Mayor Zohran Mamdani's push to remake the Democratic Party into a democratic socialist powerhouse faces a primary election test. But win or lose, it is unlikely to provide an effective blueprint for Democrats taking control of the US Congress in November or the White House in 2028.

The mayor, who shocked the political world with ‌his 2025 election, is backing a slate of fellow democratic socialist candidates running in New York primaries as they take on establishment Democrats.

This comes on the heels of democratic socialist candidates winning primaries in Washington, D.C., and Los Angeles mayor races. Furthermore, a democratic socialist won the Seattle mayor's race last year.

Read more
 

And Finally...

Interstellar comet 3I/ATLAS on July 21, 2025. NASA, ESA, David Jewitt (UCLA); image Processing: Joseph DePasquale (STScI)/Handout via REUTERS

Scientists studying the