Mamdani’s power play, Trump rebuke and Ronaldo

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Reuters World News 10 min 7 speakers 8 chapters transcribed 2 months ago
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What is the main topic discussed in this episode?

Kim Vinnell 0:00
Hi, I'm Kim Vanell in Whanganui, New Zealand. It's Wednesday, June 24th. Today, the Senate votes to stop military action in Iran in a fresh rebuke of Trump. A UN inquiry finds Israel deliberately targeted children in Gaza, calling it genocide. Young Brazilian voters abandon the left, but not all of its ideas. And Ronaldo delights fans at the World Cup. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week.

What was the U.S. Senate vote to halt military action against Iran and why does it matter?

Kim Vinnell 0:47
The US Senate has voted to halt military action against Iran. It's a strong rebuke of President Donald Trump, even as Washington and Tehran hold a ceasefire while they try to negotiate a longer-term deal. Those who opposed limiting Trump's powers say this hands Tehran leverage at the negotiating table. Four Republicans broke ranks to side with most Democrats in the vote, and correspondent Patricia Zingale says it's a small but significant number.
Patricia Zingale 1:17
I've been doing this job for a while, and months ago, Trump was winning these close votes.

Which Republicans broke ranks and what does that reveal about shifting support for Trump?

Patricia Zingale 1:24
In the House, they'd hold them open for hours, and he would call people up, and they would change their votes, or people wouldn't miss votes, or leadership wouldn't allow votes if They thought he wasn't going to win. So there is a real shift.
Kim Vinnell 1:39
The White House says the war powers resolution is not binding, calling it unconstitutional. Legal experts say that's an issue likely headed to the courts. Even so, Republican Senator Jim Risch, one of its most vocal opponents, warns this gives Iran the upper hand.
Patricia Zingale 1:56
One of the points he made was what kind of a message does this send to Iran? Right. When the Trump administration is trying to negotiate a peace deal, he said it sends a message that Congress is not behind us and it weakens the United States. Proponents of the resolution say that if Trump really wanted to send a message to Iran, he should have come to Congress.

How could the war powers resolution affect U.S.-Iran negotiations and legal challenges?

Patricia Zingale 2:19
His administration should have come to Congress. months ago and made the case and got a war authorization.
Kim Vinnell 2:28
For now, Trump says negotiations with Iran are progressing.
Michael Learmonth 2:32
So now we're trying to work out a deal that's fair.
Kim Vinnell 2:35
But the two sides are giving conflicting messages on even the basics. Nuclear concessions, frozen assets, control of the Strait of Hormuz and Israel's war in Lebanon. And a new Reuters poll shows 35% of Americans think the U.S. is now in a weaker position with Iran than before the war, while just 23% think it's stronger. Over to markets now where semiconductor stocks are under pressure as investors question whether the debt-fueled AI spending boom can last. For more, here's Mike Dolan from our sister podcast, Morning Bit.
Mike Dolan 3:13
Yeah, this week's tech pullback really snowballed overnight, particularly in the area that's been hottest all year in the chip sector, which has almost doubled the chip index on Wall Street, almost doubled this year, and fell back 8% yesterday, mirroring some of the same retreat in South Korea earlier in the day, which had dropped 10%. Now, things have stabilised overnight to some degree, tentatively. But inevitably, without an obvious trigger as to why this happened, people look to other things, start soul searching about whether we're in the throes of some sort of bubble burst or whether indeed this is all due to the Federal Reserve's hawkish stance on interest rates.

Why did semiconductor stocks fall and what does it mean for the AI spending boom?

Mike Dolan 3:53
A lot of kicking of tires will go on around this, but for now, we're steady into the open and waiting results from Micron, the trillion dollar chip stock on Wall Street.
Kim Vinnell 4:08
You can catch MorningBid wherever you get your podcasts. An independent UN inquiry has found Israel deliberately targeted Palestinian children in Gaza, resulting in genocide, crimes against humanity, and war crimes. It also found war crimes were committed in the occupied West Bank, too. Israel's mission in Geneva dismisses the findings as a, quote, libelous sham. Olivia Lepoutivant has more.
Olivia Lepoutivant 4:38
Essentially, this 94-page report lays out how children have been disproportionately affected by the war in Gaza. It found, for example, that around a third of those killed in the enclave between October 2023 and October 2025 were reported to be children.

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