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🟡 PM Semafor Washington, DC: Gentleman’s agreements
In this afternoon’s edition: Vice President JD Vance tries to win over his party on the Iran deal.
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Europe bakes in a punishing heatwave
A heatwave across Europe prompted a partial alcohol ban in France and the cancellation of public World Cup watch parties in Spain.
Guglielmo Mangiapane/Reuters
Ukraine attacks trigger Russian fuel shortages
Ukraine is hammering Russia’s oil infrastructure, triggering fuel shortages and increasing gas prices.
Vantor/Handout via Reuters
Italy’s Giorgia Meloni fires back at Trump over G7 photo claim
Meloni said Trump’s claim that she “begged” him for a photo at the G7 summit was fabricated.
Evelyn Hockstein/Reuters
Lebanon looms over new US-Iran talks
US Vice President JD Vance hoped for an opportunity to “turn over a new leaf” with Iran in a new round of talks Sunday.
Fabrice Coffrini/Reuters
Ukraine hits Moscow with its biggest drone strike yet
The attack’s value is both symbolic and economic, bringing the reality of war home to ordinary Russians
Social media via Reuters
US warns Israel against disrupting deal with Iran
Vance rebuked Israel’s “freakout,” as the US ally telegraphed further military action in Lebanon.
Eric Lee/Reuters
Vance becomes the face of the US-Iran deal
It’s a move analysts say will likely hurt his political future given mounting criticism from conservatives over the agreement.
Trump administration to end PEPFAR funding for South Africa
The State Department is expected to formally notify Pretoria it is cutting off HIV/AIDS assistance as soon as next week.
Divided Montana Senate field helps Republicans
Democrats and independents are divided between two candidates running against Republican Kurt Alme.
Americans increasingly struggle with healthcare costs, survey finds
The share of Americans who are secure about their healthcare costs fell to 49% last year, a new Gallup and West Health poll found.
Banks opine on new capital rules
Thursday is the last day for banks to weigh in on US regulators’ latest proposal to overhaul capital requirements.
Republicans concerned about Iran deal
Sen. Bill Cassidy, R-La., called the agreement “lousy.”
The Fed’s Warsh era starts with a flurry of change, but steady rates
The central bank’s new chair reframed the decision as “price stability” while focusing on other projects.
Trump and Thune’s dynamic turns the Senate ‘very chaotic’
The increasing strain between the two Republican leaders is becoming a distraction and a frustration.
Chris Murphy vs. the cults
The Connecticut senator thinks Democrats need to pick bigger fights.
Democrats start forging a post-Trump and post-Biden foreign policy
National security Democrats are eyeing a new future for the party’s foreign policy — and new personnel to run it.
US and Iran officially sign the peace deal
The presidents of both countries signed the deal a day ahead of schedule, Axios reported.
AI CEOs pitch G7 leaders on global standards forum for advanced models
OpenAI’s Altman floated a forum to develop international guardrails over an hours-long lunch.