The Morning Risk Report: How Billions in Iranian Money Passes Through U.S. Banks
Plus: DOJ staff told to pause antitrust work with Canada, and Iran’s oil dollars are drying up—and plunging it deeper into crisis.
Plus: DOJ staff told to pause antitrust work with Canada, and Iran’s oil dollars are drying up—and plunging it deeper into crisis.
Plus, he left America to build China’s AI, and readers weigh in on how tradition is treated in Taiwan
The country’s extraordinary export surge puts it on track to at least match last year’s record $1.2 trillion surplus.

Air raid alerts and sounds of explosions rang out in Ukraine’s capital as Russian forces launched drone strikes early on Tuesday.
KYIV, Ukraine (AP) — Two people were killed and at least 10 injured after Russia struck the Ukrainian capital Kyiv with drones and missiles overnight on Tuesday, local authorities said. The attack comes after a pause over the weekend as U.S. envoys Jared Kushner and Steve Witkoff arrived in Kyiv for their first official visit…

Hungary has expelled 10 Russian diplomats over activities deemed incompatible with their diplomatic status, Foreign Minister Anita Orban has announced.The diplomats “had engaged in activities in Hungary that are unacceptable for diplomats under the Vienna Convention,” Orban said on Tuesday, without providing further details about the alleged conduct.“The decision protects the security and sovereignty of…

In an exclusive interview with Euronews, Kılıçdaroğlu defended his court-ordered return to the CHP leadership, said İmamoğlu is not a political prisoner but should not have been detained, and left the door open to backing İmamoğlu in a presidential bid.

Since 2020, food inspectors have tested more than 100,000 samples annually, roughly one in five found to be unsafe

Singapore’s prime minister Lawrence Wong will see his annual pay rise to 3.6 million Singapore dollars ($2.8m; £2.1m).
Attacks on energy-sector facilities in southern Saudi Arabia temporarily halted some operations.