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The Bulletin

June 27, 2025

WORLD IN BRIEF

Iran Gives Position on New Nuclear Talks With US

The rundown: Iran's foreign minister has ruled out any imminent return to nuclear negotiations with the United States, calling talk of renewed diplomacy after the war with Israel "speculation" and insisting that "there has not even been talk of negotiations." Read his full remarks.

Why it matters: In an interview with Iranian state TV, Araghchi denied any agreement to restart nuclear negotiations, pushing back on Washington's expectations. The conflict, sparked by Israeli strikes on June 13 and followed by U.S. attacks on Iran's nuclear sites, abruptly ended talks aimed at reviving a deal.

Read more in-depth coverage:
Visualizing What Iran's 'Missing' Uranium Would Look Like

TL/DR: Araghchi also acknowledged that the U.S. strikes inflicted "serious harm" on its nuclear facilities.

What happens now? The U.S. faces a tough path as Iran rejects talks and hardens its stance after recent strikes. Washington must balance pressure on Tehran with regional concerns, risking further instability. How the U.S. handles this will impact the future of the nuclear deal and Middle East security.

Deeper reading Iran Gives Position on New Nuclear Talks With US

Zohran Mamdani Proposes Taxing 'Whiter Neighborhoods' in NYC

The rundown: New York City's Democratic mayoral candidate Zohran Mamdani has said he wants to "shift the tax burden" to "richer and whiter neighborhoods" if he secures election in November. Get more details.

Why it matters: A housing policy document on Mamdani's official website includes a pledge to "shift the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighborhoods."

Read more in-depth coverage:
Zohran Mamdani Reacts to Andrew Cuomo Reportedly Staying in Mayor's Race

TL/DR: Mamdani's official campaign website features a policy memo under the title "Supporting homeowners and ending deed theft."

What happens now? The New York Mayoral election will take place on November 4, with the winner expected to assume office in January.

Deeper reading Zohran Mamdani Proposes Taxing 'Whiter Neighborhoods' in NYC

Mexicans in US Are Sending Less Money Home—Experts Are Divided on Why

The rundown: Mexican immigrants living in the United States are sending less money home to relatives via remittances, according to new research.

Why it matters: Of the 12.3 million Mexicans living abroad, 97 percent are living in the U.S., according to BBVA Research. Eri Zolov, a history professor at Stony Brook University in New York, said the "growing fear" of deportation might affect Mexicans' remittance behavior.

Read more in-depth coverage:
Mexico President Claudia Sheinbaum Tells Trump, 'We're No One's Piñata'

TL/DR: Remittances are the money migrants living in the U.S. send back to family members in their home countries.

What happens now? House Republicans added a provision to Trump's "Big, Beautiful Bill" that would impose a 3.5 percent excise tax on remittance transfers. The measure, which would exempt U.S. citizens, would impact more than 40 million people, including green card holders and those on temporary work visas, such as H-1B, H-2A, and H-2B.

Deeper reading Mexicans in US Are Sending Less Money Home—Experts Are Divided on Why

China Issues Update After Trump Reveals Trade Deal

The rundown: China confirmed that it had agreed with the U.S. to approve the accelerated export of rare earths after President Donald Trump said he had made a trade deal with Beijing. Here's what to know.

Why it matters: The agreement relates to the earlier U.S.-China trade talks in Geneva, which stalled over American concerns that Beijing was dragging its feet on exporting rare earths vital to manufacturing.

Read more in-depth coverage:
US Trade Deficit Surges Despite Donald Trump's Tariffs

TL/DR: Trump, talking about negotiating trade deals during his reciprocal tariffs pause on Thursday, said we "just signed with China yesterday".

What happens now? A spokesperson for the Chinese Ministry of Commerce said on Friday, June 27, that the U.S. will also lift some of its restrictions. China hopes the two countries will continue to move toward each other.

Deeper reading China Issues Update After Trump Reveals Trade Deal

Senior Russian General Makes Major Trump Zelensky Prediction

The rundown: Russian Major General Apti Alaudinov said he did not think U.S. President Trump would save Ukrainian President Volodymyr Zelensky, and called into question the American leader's reliability in promises he makes. Read more.

Why it matters: Trump is attempting to broker peace between Russia and Ukraine and an end to Moscow's full-scale invasion. Alaudinov said that Trump does not feel compelled to stick to previous statements, and that the American president can take his promise back, "then give a new one, then change his strategy," TASS reported.

Read more in-depth coverage:
Europe Needs Ukraine to Fight Russia With Reduced US Help: Think Tank

TL/DR: "I don't think Trump will save Zelensky, because Zelensky has made too many mistakes for Trump not to stand up for him," Alaudinov told state news agency TASS.

What happens now? Ukraine is under intense pressure from Russian advances. Zelensky has urged Trump to increase American military aid to Kyiv and tighten the screw on Russian President Vladimir Putin to force him to make peace.

Deeper reading Senior Russian General Makes Major Trump Zelensky Prediction

FEATURED CONTENT

Republicans Pile On as Zohran Mamdani Becomes Democrats' New Lightning Rod

Zohran Mamdani's decisive win in the first round of the New York City Democratic mayoral primary Tuesday has become more than a local political upset—it's a new frontline in the battle over the soul of the Democratic Party and a gift to Republicans eager for a fresh national target.

President Donald Trump mocked Mamdani, a proud democratic socialist, as a "Communist lunatic," adding, "If this is the future of the Democrats, they don't have one." Vice President JD Vance congratulated him as "the new leader of the Democratic Party." Within hours, the National Republican Congressional Committee branded him an "antisemitic socialist radical," tying him to frontline Democrats in suburban swing districts.

The Full STORY

Jun

26

White House Wants Iran Leaker Jailed

Is the US Housing Market Finally Shifting Toward Buyers?

Jun

28

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