SBS News

White House: Trump Signs MOU to End War with Iran; U.S. Media Reports "Effective Immediately" The White House announced that U.S. President Donald Trump signed a Memorandum of Understanding to end the war with Iran on June 17 . SBS Jun 18, 2026 8:06 AM

U.S. Starts the War, Allies Pay the Bill? Concerns Over 'Iran Reconstruction' Costs With the midterm elections approaching in November, U.S. President Donald Trump is reassuring voters that not a single cent of American money will be used to raise the $300 billion fund for Iran's reconstruction. SBS Jun 18, 2026 7:51 AM

President Lula to Trump: "Do Not Interfere in Brazil's Election" President Donald Trump, telling him, "Do not interfere in Brazil's election." Speaking at a press conference in Geneva, Switzerland, after attending the G7 summit, President Lula stated, "President Trump has the right to his own ideological preferences, but the Brazilian election is a matter for Brazil." President Lula's remarks came after President Trump commented during a press conference that Brazil had become "somewhat politically dangerous," adding, "They play pretty tough, but there is no country that plays tougher than the United States." This is interpreted as a reaction to the Brazilian Supreme Court's sentencing of Eduardo Bolsonaro, the third son of former Brazilian President Jair Bolsonaro, to prison on the 16th . SBS Jun 18, 2026 7:31 AM

Kevin Warsh: "Forward Guidance Omitted… Task Force Launched to Review Fed Policy Operations" Federal Reserve Kevin Warsh, the new Chair of the U.S. Federal Reserve, has signaled a shift in the central bank's communication strategy by omitting forward guidance from the monetary policy statement released following the Federal Open Market Committee meeting. SBS Jun 18, 2026 6:58 AM

Fed Holds Rates Steady in First FOMC Under Chair Warsh; Fourth Freeze This Year Federal Reserve has kept its benchmark interest rate unchanged at 3.50% to 3.75%. SBS Jun 18, 2026 6:57 AM

Africa CDC Warns of Potential 'Worst-Ever' Ebola Outbreak Amid Resource Shortages Jean Kaseya, Director-General of the Africa Centres for Disease Control and Prevention , the health agency of the African Union , warned on June 17 that this could become the "worst-ever" Ebola outbreak. SBS Jun 18, 2026 6:57 AM

Trump: Frozen Assets Must Be Returned at Some Point; Will Bomb Iran If Agreement Not Kept With the U.S. administration of Donald Trump releasing the full text of the end-of-war memorandum of understanding with Iran on June 17 , President Trump warned that he would resume bombings if Iran fails to comply with the agreement. SBS Jun 18, 2026 6:56 AM

Fed Holds Rates Steady at First Meeting Under New Chair; Hike Likely This Year The U.S. Federal Reserve has once again kept interest rates unchanged at its first policy meeting since the inauguration of its new chair. SBS Jun 18, 2026 6:20 AM

"ROK-U.S. Relations Are Stable and Eternal"... Trump Proposes Golf Meeting President Lee Jae-myung stated on social media that he and President Trump had "in-depth discussions" regarding peace on the Korean Peninsula and ROK-U.S. SBS Jun 18, 2026 6:15 AM

'60-Day Toll Exemption' MOU Released: "If Agreement Is Violated, We Will Bomb" The U.S. government has officially released the memorandum of understanding regarding the end of hostilities with Iran. SBS Jun 18, 2026 6:13 AM