| Top News: Cuba's National Assembly approved on Friday a package of 176 measures that introduces market dynamics into the island's economy, in the deepest shift since the reforms promoted by Raúl Castro in 2011. The government presented the plan as a response to the worst economic crisis in decades, though much of the population receives it with skepticism.
Andy Burnham, Labor’s former Greater Manchester mayor has won with a clear majority in a special election to the British parliament, and is ready to challenge Prime Minister Keir Starmer for the party leadership saying he wants “to lay out a new path for Britain" and Labour needs to "make life affordable" again.
The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4% during the MPC meeting on June 18.
Left-wing candidate Roberto Sánchez called a protest in Lima for Friday against the result of Peru's presidential runoff, which makes right-wing Keiko Fujimori the virtual winner, as the electoral justice was due to decide on the challenges filed by his party. With 99.51% of the tally sheets counted, Fujimori leads Sánchez by some 44,101 votes, though no winner has yet been proclaimed.
US President Donald Trump opened a new rift with Italian Prime Minister Giorgia Meloni by claiming that she "begged" him for a photo during the G7 summit and that he obliged out of "pity." Meloni called the account fabricated, and in response Italy's foreign minister canceled a planned trip to the United States this weekend.
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