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Donald Trump’s new Federal Reserve chair, Kevin Warsh, has held interest rates steady at his first policy meeting, despite being appointed with a clear expectation that borrowing costs would fall. What does it mean for ordinary business owners in the States?

And we look how motorbike couriers smuggling Iranian fuel into Pakistan, where riders say the war has triggered a new boom.

Plus how does one of the world’s biggest oil producers end up short of fuel? We're in Russia where drivers are queuing for hours to fill up their tanks.

Donald Trump says the peace deal with Iran will be signed “tomorrow, maybe the next day". It would reopen the Strait of Hormuz, but the fate of Iran’s nuclear programme would be the subject of further negotiations. We’ll hear how Iranians are reacting to the agreement.

Also in the programme: as campaigning draws to a close in the Makerfield by-election, we hear the story of the race from journalists who’ve been covering it. And could Jeremy Clarkson’s announcement that he’s been diagnosed with prostate cancer encourage more men to check for symptoms?

A Memorandum of Understanding outlined by the United States suggests it has found common ground with Iran, but there are still questions about whether this preliminary deal achieves any more than the agreement signed when Barack Obama was president. Meanwhile Israel, the US partner in the recent war, faces the possibility of a stronger Iran and a new balance of power in the Middle East. We hear from Alon Ben Dah-veed, senior military correspondent for Israel's Channel 13.

Also in the programme: the fuel shortages affecting Russian drivers as a result of the Ukraine war; an introduction to so-called 'micro-history'; and the death at the age of 99 of the last member of a leading British 'girl band' of the 1950s, the Beverley Sisters.

(Photo: US President Donald Trump holds a press conference during the G7 Summit in Evian-les-Bains, France; Credit: REUTERS/Evelyn Hockstein)

George is feeling optimistic, and there’s good news at last at Brookfield.

Donald Trump has warned that the Iran deal - which is set to be formally signed on Friday - is "not final". Speaking on the last day of the G7 summit, Mr Trump said the US could resume attacks if the agreement doesn't work out, warning "we'll go right back to dropping bombs". Meanwhile, the US blockade on the Strait of Hormuz appears to be easing. Three Iranian oil tankers have now passed through, although as many as 600 vessels are still stranded. Also in this podcast: Amazon is dethroned as the world’s fifth most valuable company by Elon Musk's SpaceX. Scientists say more coral reefs may be able to survive climate change than originally thought. Five men have been arrested in connection with an alleged attack plot targeting the White House. Lionel Messi becomes the highest scorer in World Cup history. And we discuss the wins and failures of fashion on the pitch.

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.

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Photo: US President Donald Trump at G7 summit in Evian-les-Bains

Credit: Reuters

Russia’s security presence in Africa may be entering a new chapter, with the Central African Republic at the heart of the story. Reports suggest Moscow is looking to replace private military operatives,Wagner Group with Africa Corps, a force overseen by Russia’s Defence Ministry. But the handover appears far from straightforward, raising questions about Russia’s influence across the continent, the future of its security partnerships, and what it all means for the Central African Republic.

And in China, an online trend involving dark-skinned dolls known as Natasha Dolls, fuels discussion about racism and discrimination.

Presenter: Nkechi Ogbonna

Producers: Chiamaka Dike and Ayuba Iliya

Technical Producer: Davis Mwasaru

Senior Producer: Keikantse Shumba

Editors: Charles Gitonga and Maryam Abdalla

US Fed Chair Kevin Warsh who was appointed by Trump is to set to oversee his first meeting, but will he hold rates steady?

In Japan, six major ice cream makers have been raided following accusations that they have unfairly raised prices.

And the Boss of Mondelez who own Cadbury and Toblerone speaks on why he decided to not exit Russia despite their invasion of Ukraine.

Presenter Sarah Rogers

Producer: Barbara George and Aleeza Siddiq

Bosses of the top Artificial Intelligence firms have met the leaders of the world's biggest economies. At a G7 lunch in France, they've been discussing AI risks and dangers. Who has more power right now - the politicians or the billionaire CEOs?

Also in the programme: How the Great Pyramid at Giza has survived several thousand years worth of earthquakes; and why the world's coral reefs may be more resilient to climate change than we thought.

(Photo: US President Donald Trump, OpenAI CEO Sam Altman, Google DeepMind CEO Demis Hassabis, South Korea's President Lee Jae Myung, Germany's Chancellor Friedrich Merz and Japan's Prime Minister Sanae Takaichi attend a working lunch with G7 leaders on innovation and AI during the G7 Summit in Evian-les-Bains, France, June 17, 2026. Credit: Reuters/Evelyn Hockstein)

Do you know any phrases with 'change'? Learn four here.

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& two women from India speak of terrifying attack on Belfast home during racist riots