SBS News

U.S.-Led War, Burden on Allies? Concerns Rise Over Post-War Agreement The $300 billion "Iran Reconstruction Fund" included in the recent ceasefire agreement is raising concerns that the United States is attempting to shift the costs of a war it initiated onto its allies. SBS Jun 18, 2026 12:40 PM

Trump Offers $300 Billion to Iran, Despite Criticizing Obama’s '$1.7 Billion Giveaway' President Donald Trump, who previously criticized the Iran nuclear deal signed by the Barack Obama administration as a "giveaway," appears to have prepared a compensation package of a much larger scale. SBS Jun 18, 2026 10:57 AM

Tokyo Shaken Again by Earthquake After Two Months; Governor Startled During Speech Just before 8:00 p.m., the earthquake alert sounds, and the NTV newsroom in Tokyo begins preparing for a breaking news report. SBS Jun 18, 2026 10:47 AM

Morgan Stanley: Power Shortage Is the Biggest Hurdle in the AI Era; U.S. Electricity Demand to Rise 50% Within a Decade The rapid growth of the artificial intelligence industry could make power shortages the biggest obstacle to the global economy in the future, according to a recent outlook. SBS Jun 18, 2026 10:23 AM

White House Says Trump Signed End-of-War MOU with Iran, US Media Reports Agreement Takes Effect A White House official told Reuters on the same day. US online news outlet Axios also cited two senior US officials, reporting that the MOU was signed between the United States and Iran on June 17, and that the agreement has taken effect. SBS Jun 18, 2026 10:19 AM

Wall Street Calls Fed 'Much More Hawkish Than Expected' as Dot Plot Pivots Toward Rate Hikes Federal Reserve Chair Kevin Warsh took office—Wall Street reacted with skepticism, with some saying, "He is not the person the market was hoping for." Bob Michele, Chief Investment Officer and Head of Global Fixed Income at JPMorgan Asset Management, appeared on Bloomberg TV on Wednesday, June 17, local time, stating, "Half of the committee members are projecting a rate hike within this year. SBS Jun 18, 2026 10:18 AM

Iranian Negotiator: "Strait of Hormuz Fees to Be Imposed After 60-Day Negotiation Period" President Donald Trump has signed a Memorandum of Understanding to end the war with Iran, Tehran has reaffirmed its stance that it will resume charging fees for vessels passing through the Strait of Hormuz once the 60-day "free passage" period expires. SBS Jun 18, 2026 10:15 AM

Michelle Steel Confirmed as U.S. Ambassador to South Korea by Senate, Expected to Assume Post Soon Ambassador to South Korea, at her confirmation hearing The nomination of Michelle Steel as the U.S. SBS Jun 18, 2026 10:15 AM

Bezos: "AI Will Lead to Labor Shortages, Not Displacement" According to a Reuters report, Bezos made these remarks at the VivaTech technology conference held in Paris, France, on that day. SBS Jun 18, 2026 10:08 AM

Trump on Iran School Airstrike Tragedy: "Everyone Makes Mistakes" President Donald Trump Regarding the U.S. military airstrike on an Iranian girls' school that occurred on the first day of the war in Iran this past February, U.S. SBS Jun 18, 2026 10:07 AM