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Politics

UK PM Starmer will unveil a defence investment plan on Tuesday which will include GBP 5bln for drones and other uncrewed systems, but is unlikely to stem the demands of senior officers for additional funding, according to FT

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Expected increase in defence spending of around GBP 14.5bln has been signed off by Starmer’s expected successor Andy Burnham.

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Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes