US Fed chair signals no rush for rate cuts despite Trump pressure

• The Fed has held the benchmark lending rate steady since its last reduction in December, bringing the level to a range between 4.25 percent and 4.50 percent.
• Last week, Powell told reporters that it would make smarter decisions if it waited to understand how Trump's tariffs impact the economy.

Israel kills 46 Gazans waiting for aid as hostage families call for end to war

• The territory of more than two million people is suffering from famine-like conditions after Israel blocked all supplies from early March to the end of May.
• France condemned what it called deadly "Israeli fire" against civilians in a statement from the foreign ministry apparently referring to the Netzarim corridor incident.

Oil slides, stocks rise as Iran-Israel ceasefire holds

• Prices were also brought down by Trump saying that China could continue to buy oil from Iran, in what appeared to be relief from sanctions Washington had previously imposed.
• There was also relief that Iran has refrained from closing the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply.

Iran says not seeking nuclear weapons but will assert ‘legitimate rights’

• The war between the longtime regional foes saw Israel strike Iranian nuclear facilities and killed nuclear scientists and the country's top military brass.
• On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz.

Pro-Palestinian protest leader details 104 days spent in US custody

• Khalil, a legal permanent resident in the United States who is married to an American citizen and has a US-born son, had been in custody since March facing removal proceedings
• "I shared a dorm with over 70 men, absolutely no privacy, lights on all the time," the 30-year-old said Sunday on the steps of Columbia University, where he was a graduate student

NATO summit seeks to keep Trump happy – and alliance united

• The overriding focus of the gathering - which kicks off with dinner hosted by the Dutch king - has been on keeping Trump happy after his return to power
• From meeting his spending demand to limiting the participation of Ukraine's President Zelensky, everything is being done to avoid chances of confrontation with volatile leader

‘Unidentified’ drone hits Baghdad base: Iraq security officials

• The first attack hit a radar system at the Taji base, causing only material damage, a security source told AFP.
• The strikes come hours after Iran launched missiles at a US military facility in Qatar in retaliation for the American bombing

Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops

• Trump had said the ceasefire would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran halting all operations. Israel would follow suit 12 hour later
• Abbas Araghchi suggested that Iran had already halted its operation at 4am Tehran time (0030 GMT) -- and wanted a simultaneous end in attacks from Israel as well

Iranian ballistic missiles target US base in Qatar, the largest in Middle East

EU seeks Gaza progress after Israel found in breach of cooperation deal

• The European Union's top diplomat, Kaja Kallas, said the bloc hopes to use a review of the EU-Israel Association Agreement to pressure Israel to ease suffering in Gaza.
• The bloc last month launched an audit of the EU-Israel deal, which forms the basis for trade ties, under one of its articles calling for respect of human rights.