The Trump administration last week imposed sanctions on four judges from the International Criminal Court over their decision to issue an arrest warrant against Israeli Prime Minister Benjamin Netanyahu and his previous defense minister, Yoav Gallant, based on allegations of war crimes and crimes against humanity in Gaza.

ECONOMIC UPDATE—MARKET OVERVIEW
Again and again, for all to see, and all to wonder, “Round and round and round it goes, where it......

THE FINAL CHESS MOVE
Just this past Friday, Jamie Dimon, the CEO of the Wall St. Superbank JP Morgan made THIS statement: “We Will Have a Global Restructuring.”

McMANSIONS DAYS ARE OVER, NEW STARTER HOMES ARE SMALLER BUT NOT THAT CHEAP
Remember the days back in the late 90s and early 2000s when Baby Boomers were moving into big homes, many mass-produced? Those days are over. Now, with income levels declining, those who can afford a home are going small. But small is still expensive.

META EXEC ADMITS AI DESTROYING REVENUE MODEL OF THE INTERNET
The book title says it all: How To Save The Internet. Meta / Facebook executive Nick Clegg (or that’s the......

GERMANY IS NOW ‘DIRECTLY ENGAGING’ IN WAR AGAINST RUSSIA: LAVROV
Sergey Lavrov, Russia’s top diplomat, said last week that Germany is “now directly engaging” in war against Russia after recent comments from German Chancellor Friedrich Merz about lifting limits on long-range weapons for Ukraine, and promising to help Kyiv ramp up production of weapons that threaten the Russian state.

HOUTHIS CALL MAY ISRAEL’S ‘MOST PAINFUL’ MONTH
The Houthis last week identified May as the “hottest, most severe, and most painful month” for Israel since the conflict began shortly after the Hamas attack in 2023 and said there had been 22 operations that targeted military sites and other vital locations inside the country, according to a report.
Global Economy

GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.

WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The number of U.S. workers laid off in May was 47 percent higher than May last year, according to a report by outplacement firm Challenger, Gray & Christmas. The firm reported 93,816 layoffs by U.S. employers in May, up from 63,816 layoffs last May. The total number of job cuts through the end of May was 696,309, an increase of 80 percent from the 385,589 job cuts in the first five months of last year.
The Israel War

BIDEN PIER 2.0: MILITARIZED HUMANITARIAN AID DISTRIBUTION CENTERS IN GAZA BECOME MURDER MILLS
Over 100 Palestinians have been killed at Israeli- and U.S.-backed Gaza Humanitarian Foundation (GHF) sites in southern Gaza since 27 May, and hundreds have been injured, after warnings from the UN and NGOs that the project was doomed to fail from the start.

GAZA DEATH TOLL
The death toll in Gaza reached 54,927 on Tuesday and 126,615 have been wounded. There are another 11,000 missing.

IRAN’S SUPREME LEADER CALLS ON ISLAMIC COUNTRIES TO DEFEND PALESTINIANS FROM ISRAEL’S ‘SAVAGERY’
Ayatollah Seyyed Ali Khamenei, Iran’s supreme leader, called on Islamic countries in the Middle East to come together to defend the Palestinians in Gaza and restrain Israel’s Zionist regime from continuing “these barbaric actions” inside the enclave.
Trends in AI

CHINA PLANS NETWORK OF AI SUPERCOMPUTERS IN SPACE
Last month, China launched the first 12 satellites into Earth orbit that will become part of a cluster of 2,800, ultimately forming something called the Three-Body Computing Constellation.

AI SAVED TYPICAL U.K. GOVERNMENT WORKER TWO WEEKS A YEAR, STUDY SAYS
Government workers who use AI for routine administrative tasks boosted their productivity enough to gain more than two weeks’ worth of time in the course of a year, according to a government test designed to see if AI could boost productivity.

AI TAKES JOBS FROM THE PEOPLE WHO MADE AI POSSIBLE
Not every business has figured out how to make a profitable return on its AI investment, but some of those making out best are using AI to supplement—or, in some cases replace—high-salaried software engineers. Startups that offer AIs able to look over and improve humans’ coding, or write entire blocks of code on their own, are netting top dollar in......
Hi-Tech Science

DIABETES DRUG SHOWN TO CONFER “EXCEPTIONAL LONGEVITY”
Metformin has been a go-to treatment for type 2 diabetes since the late 1950s for patients unable to control blood sugar through diet and exercise alone.

AMAZON DEBUTS WAREHOUSE ROBOT WITH A SENSE OF TOUCH
Amazon's new robot, named “Vulcan,” has a sense of touch that lets it pick up and carry about three-quarters of the one million items in an Amazon warehouse without crushing or otherwise damaging the merchandise, the company says.

A NEW AND BETTER WAY TO CURE BACTERIAL INFECTIONS
When dangerous bacteria invade our bodies and make us sick, we use antibiotics to get rid of them.