Top 20 Economy International News
Here's a summary of the top 20 international economy news items from June 13, 2025:
1. Oil Prices Jump and Dow Plummets After Israel's Attack on Iran: Oil prices surged, and the Dow Jones Industrial Average plummeted due to fears of a wider war. 
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Source: fortune.com
Source: fortune.com
2. Trump Approves Nippon Steel’s $15bn Takeover of US Steel: The US government to hold golden share to assuage concerns over control.
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Source: ft.com
Source: www.ft.com
3. U.S. Data Quality Declining, Economists Question Figures: Economists are questioning the reliability of U.S. economic data due to Trump’s cutbacks.
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Source: fortune.com
Source: fortune.com
4. Israel's Attacks on Iran May Keep Fed Rate Cuts on Hold: The conflict and rising oil prices could delay Federal Reserve rate cuts.
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Source: fortune.com
Source: fortune.com
5. Oil Prices Surge After Israel’s Attack on Iran: Trump urges Iran to make a deal before there is nothing left.
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Source: fortune.com
Source: fortune.com
6. Trump’s Tariff Deal ‘Quietly’ Added 10% Raise: Wilbur Ross says nobody is complaining about the additional tariff.
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Source: fortune.com
Source: fortune.com
7. Many oil tanker owners reluctant to brave Strait of Hormuz, Frontline chief says: Israel’s strike on Iran raises questions about waterway handling quarter of world crude oil supplies.
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Source: ft.com
Source: www.ft.com
8. Bioethanol plant owner says US-UK trade deal will force closure without government help: ABF Sugar, which owns the Vivergo plant in Saltend, Hull has given ministers two weeks to come up with a rescue package.
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Source: ft.com
Source: www.ft.com
9. Middle East upheaval comes at a bad time for the global economy: This latest instability is stagflationary and may add to the erosion of the US-led economic order.
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Source: ft.com
Source: www.ft.com
10. Vietnam risks being the trade war’s biggest loser. Does it have a plan B?: The south-east Asian country benefited hugely from US-China tensions, but the Trump tariffs strike at the heart of its economy.
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Source: ft.com
Source: www.ft.com
11. Canada to fast-track ‘Ring of Fire’ mining project over First Nations’ objections: Ontario premier insists development of remote critical minerals reserve is a priority in response to Trump’s tariffs.
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Source: ft.com
Source: www.ft.com
12. China delays approval of $35bn US chip merger amid Trump’s trade war: Beijing’s antitrust regulator postpones sign-off on Synopsys and Ansys deal.
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Source: ft.com
Source: www.ft.com
13. Central banks are beginning to fret about dollar swap lines: Officials outside the US worry about what will happen when Jay Powell leaves the Fed.
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Source: ft.com
Source: www.ft.com
14. Climate funds open doors to clean up industry despite Trump green pushback: Seven countries chosen to apply for funding to cut emissions from heavily polluting sectors.
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Source: ft.com
Source: www.ft.com
15. Milei lowers Argentina’s monthly inflation below 2% for first time since 2020: Libertarian leader tames chronic price pressures though annual rate remains among world’s highest.
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Source: ft.com
Source: www.ft.com
16. Trump says he may ‘have to force’ interest rate change in attack on Powell: President calls Federal Reserve chair a ‘numbskull’ for not reducing US borrowing costs.
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Source: ft.com
Source: www.ft.com
17. Dollar sinks to 3-year low on Trump tariff threat: US currency falls sharply after president says he will set new levies on trading partners in next 2 weeks.
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Source: ft.com
Source: www.ft.com
18. Trump ready to enact key parts of US-UK trade deal within days: Elements of agreement covering British cars and US beef and ethanol could be signed off by end of the week.
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Source: ft.com
Source: www.ft.com
19. Goods for Gibraltar must pass through Spain under post-Brexit deal: The Rock will also raise sales tax to avoid unfair competition.
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Source: ft.com
Source: www.ft.com
20. UK agriculture: Bioethanol plant owner says US-UK trade deal will force closure without government help
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Source: ft.com
Source: www.ft.com