Japanese Yen Crosses 160 Per Dollar Again After Japan’s Record Intervention
The Japanese yen crossed the 160-per-dollar line again on June 5, weeks after Japan reported ¥11.7349 trillion in foreign exchange intervention operations to support the currency. The move shows how U.S. dollar strength, Japan’s still-lower interest rates, and energy-market pressure are testing Tokyo’s ability to slow yen weakness.
Trump IRS Settlement Bars Audits of Past Tax Claims, DOJ Addendum Says
A new Justice Department addendum says the United States is “forever barred” from pursuing certain past tax claims, examinations and reviews involving President Donald Trump, his family and affiliated businesses. The language is sweeping, but DOJ says it applies to existing and past matters, not future tax returns.
Trump Tightens Cuba Policy: Stricter Travel Ban and Military Sanctions Reinstated
President Trump reinstates stringent Cuba policies: bans tourism, tightens financial sanctions on military-linked entities, restores the terrorist designation, and expands visa restrictions targeting medical mission officials.
Elon Musk Wants to Bring Down the International Space Station ASAP
Elon Musk has called for the International Space Station to be deorbited ahead of schedule, suggesting it has "served its purpose." This proposal follows a public dispute over the extended mission of two NASA astronauts aboard the station.
Iran Launches Missile Barrage at Israel Raising Fears of Full-Scale War
Iran's missile attacks on Israel, following the assassination of Hezbollah leaders, have escalated tensions, raising concerns that the situation could develop into a full-scale war between the two nations.
