Author: WTX News Editor

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Cliff Notes Oliver Holbourn, currently the CEO of NatWest’s RBS International, is the leading candidate to head the National Wealth Fund after John Flint’s resignation. Holbourn has a background in Whitehall, previously managing UK Financial Investments, which handled taxpayer stakes in key UK banks. The National Wealth Fund aims to attract over £70bn in private investment for high-risk projects across various sectors to stimulate economic growth. NatWest exec Holbourn leads race to run National Wealth…

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Tuesday’s front-page headlines feature various reports on the latest from the Middle East. Several newspapers report on the ceasefire agreed between Iran and Israel, brokered by the United States, whilst others focus on Iran’s retaliatory strikes on US bases after the United States decided to enter the Israeli war against Iran over the weekend. A handful of papers weigh up the UK’s role if the war were to escalate, it comes after criticism that the UK has been slow to back the United States’ attack on Iran.

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There have been a number of reports of downed rockets in Amman, in Jordan. The rockets fired from Iran towards Israel have been intercepted by Jordan and also have fallen in Jordan due to GPS blocking software. Amman residents reported seeing dozens of Israeli and Iranian rockets crossing over their residential areas. These have become a common occurrence over the last few weeks. GPS jamming – Reports of downed rockets in Amman The main reason…

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For a second day running, the Israel-Iran conflict leads the way as Donald Trump announced a ceasefire between the two nations. It comes after the US joined Israel in bombing Iran over the weekend, claiming to have wiped out Iran’s nuclear sites. Iran has returned retaliatory strikes on US bases in Qatar and Saudi Arabia.

Despite the US President announcing a ceasefire and Israel confirming it, it’s unclear how accurate this is. Iran has denied a ceasefire and has continued striking Israel.

It’s set to be a difficult week for the prime minister as Labour backbenchers mount a rebellion over cuts to welfare.

Ahead of the NATO summit this week, the UK is amongst the countries agreeing to up defence spending to 5% of GDP by 2035.

The home secretary has moved quickly to proscribe Palestine Action under anti-terror law. It comes just a day after activists broke into an RAF base and vandalised two military planes.

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The week so far has been dominated by the Israel-Iran conflict with a shaky ceasefire currently in place. Donald Trump’s remarkable outburst on TV sent shockwaves around the globe, as a leaked US intelligence report suggests the US bombing of Iran did little damage to Iran’s nuclear efforts – Trump denies this.

The NATO summit is currently underway with members committing to spending 5% of GDP and signing security deals with each other amid an increasingly unstable world.

India has sent its first astronauts into space for the first time in 41 years. Group Captain Shubhanshu Shukla, who’s piloting the mission, has become only the second Indian to travel to space.

There are fears of widespread protests across Kenya today, marking the first anniversary of last year’s mass protests over tax hikes. Violence spiralled last year, and there are fears the nationwide protests this year could be similar.

Both Europe and North America have been experiencing heat waves this week, as weather warnings are put in place amid growing hospitalisations.

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Plenty is happening across the globe for you to enjoy this week, regardless of where you are based! If you want to watch a bit of football, you’ve got the Club World Cup and the UEFA Championships (the women’s Euros is coming up in July). The world-famous Glastonbury Festival kicks off, and so does Donauinselfest – Europe’s largest open-air festival. You’ve also got Paris Fashion Week and International Olympic Day ahead.

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The EU has been focused on NATO’s defence spending, with members agreeing to up spending to 5% of GDP (except Spain). European leaders are preparing to deal with Donald Trump again at the NATO summit, after several EU members called for retaliatory tariffs on the USA.

The war in the Middle East and Russia’s continued invasion of Ukraine have also made up a lot of this week’s European headlines. Kyiv has suffered another heavy bombing, and there have been reports that the EU is considering suspending its partnership with Israel over its genocide in Gaza.

The EU and Canada have strengthened their ties with a new partnership and talks of digital trade and deeper cooperation on AI. The EU-Canada summit comes just before NATO.

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The week so far has been dominated by the Middle East crisis as news of an Israel-Iran ceasefire broke early on Tuesday, only to come to an end a few hours later. It’s unclear if Iran ever agreed to the short-lived ceasefire, and now the world waits anxiously to see what happens next.

Away from the Middle East, there has been a handful of domestic news stories worth taking a glance at. GPs in England can start prescribing weight loss drugs on the NHS, Palestine Action is to be prescribed as a terrorist organisation after two members vandalised two RAF planes – a move dubbed extreme by many and has seen significant backlash for the Labour government. It has not been an easy week for the prime minister or his government so far, with a major rebellion on the way over Labour’s welfare bill cuts. It could end up doing permanent damage to the PM and his government. With the Nato summit around the corner, the prime minister will be focusing on international affairs, but what’s happening at home may cost him come election time.

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