Fed holds interest rates steady, still sees two cuts coming this year

A federal judge in Massachusetts has blocked the Trump administration's attempt to revoke Harvard University's ability to enroll international students, issuing a preliminary injunction that restores protections for affected students. This ruling comes amid allegations from the administration regarding Harvard's campus environment and follows a series of actions against the university, including funding cuts and demands for policy reforms, which have sparked significant backlash and support from other educational institutions. Need More Context? 🔎

Iranian Foreign Minister Abbas Araghchi expressed skepticism about the U.S.'s intentions regarding negotiations, suggesting that Washington may be planning an attack on Iran instead. He criticized the U.S. for "betraying" diplomacy and stated that Iran is willing to negotiate, but Israel must first cease its aerial attacks on Iran, following recent Israeli strikes linked to Tehran's nuclear program. Need More Context? 🔎

Here are the key events on day 1,213 of Russia’s war on Ukraine.On June 21, Russian drone and missile attacks damaged energy infrastructure in central Ukraine, injuring one. In political developments, Ukraine and Russia exchanged more POWs, while Putin discussed military advances in Sumy and affirmed opposition to weapons of mass destruction, amidst concerns over Russia's economic stability and NATO relations. Need More Context? 🔎

A recording from Ukraine’s military intelligence suggests that a Russian soldier, identified as 'Brelok', resorted to cannibalism by killing and eating his comrade, 'Foma', over two weeks before being killed himself. This incident, part of a broader pattern of extreme psychological stress and disregard for life among Russian troops, highlights the brutal conditions on the frontline in Ukraine. Need More Context? 🔎

Cameron Davies, leader of the Republican Party of Alberta and candidate in the Olds-Didsbury-Three Hills byelection, acknowledges that his party's name and branding are causing confusion among voters. The party, which aims to establish Alberta as an independent republic, is gaining traction amid rising support for separatism, with Davies hoping to secure around 20% of the vote, a figure reminiscent of the early success of the Wildrose party. Need More Context? 🔎

Just over a week ago, it appeared that a significant diplomatic breakthrough might be on the horizon between Iran and the U.S., with Ayatollah Ali Khamenei potentially engaging in talks that could lead to lifting sanctions in exchange for Iran reducing its nuclear activities. Optimists even speculated about a historic handshake between the two nations' leaders as relations seemed to be warming. Explain It To Me Like I'm 5: Iran and America were talking about...