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The Hill reports Treasury Secretary Scott Bessent called Commerce Secretary Howard Lutnick "an idiot" during a dispute over preparations for a rare-earth metals transaction under the US-Ukraine natural resources agreement signed April 30, 2025. Lutni

2026-06-24

The Hill reports Treasury Secretary Scott Bessent called Commerce Secretary Howard Lutnick "an idiot" during a dispute over preparations for a rare-earth metals transaction under the US-Ukraine natural resources agreement signed April 30, 2025. Lutnick accused Bessent of "sabotaging" the deal; Bessent reportedly called Lutnick's proposal "a shit deal." The agreement gives the US priority purchase rights on minerals extracted in Ukraine and establishes a 50/50 joint investment fund to jointly manage and finance development.

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BOC Governor Macklem said the temporary peace agreement between Iran and the US is "very welcome news."

BOC Governor Macklem said the temporary peace agreement between Iran and the US is "very welcome news."
2026-06-24

Bank Negara Malaysia said MPC members unanimously judged that Malaysia's favorable macroeconomic fundamentals remain solid.

Bank Negara Malaysia said MPC members unanimously judged that Malaysia's favorable macroeconomic fundamentals remain solid.
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