Geopolitical Tensions and Economic Impacts

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) President Donald Trump will decide within two weeks whether to strike Iran, his spokeswoman said, as Israel hit more Iranian nuclear sites and warned its attacks may bring down the leadership in Tehran.

(2) Iran is racing to get its oil out into the world, a sign of the unusual logistical steps that Tehran is undertaking as the US mulls joining Israel in bombing the Persian Gulf state.

(3) The conflict between Israel and Iran is spilling over into the digital world, inflaming a decades-long campaign of hacks and espionage between two nations renowned for their cyber prowess.

 
(4) Organized gangs are behind most UK vehicle theft, using electronic tools to disrupt remote locking devices, and police are struggling to keep up, with an estimated nine stolen cars slipping through their fingers for every one intercepted.

(5) The Bank of England held interest rates at 4.25% in a more divided vote than expected as policymakers weighed up the UK’s softening jobs market and weak growth against a backdrop of mounting geopolitical tensions.

(6) The European Union is continuing intensive trade talks with the US ahead of a July 9 tariff deadline set by President Donald Trump and is “making progress,” according to EU Economy Commissioner Valdis Dombrovskis

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