Iran deal watch: "likely expected" within 24 hours

Iran deal watch: "likely expected" within 24 hours

Donald Trump said Saturday a deal to end fighting between the US and Iran is scheduled to be signed today. Pakistan said it was "likely expected" within 24 hours and that it was "preparing for the electronic signing." Iranian foreign ministry spokesman Esmail Baghaei was less committal: "we will have to wait and see about the exact date of the signing of the memorandum of understanding." Trump also said the Strait of Hormuz would be "open to all" once the deal is agreed.

Gobble's Take: Three countries, one clock, zero consensus on when it actually starts. Source: Perplexity Search (community news)

Hungary's new foreign minister arrives with a very American résumé

Péter Magyar's Tisza Party won Hungary's April 12, 2026 election with a supermajority, ending Viktor Orbán's 16-year run under the Fidesz Party. Magyar appointed Anita Orbán — no relation — as Foreign Minister and Deputy Prime Minister; she was sworn in mid-May. Her background includes time in the United States from 1998 to 2002, two master's degrees from Tufts University, doctoral studies begun in 2001, a 2007 Ph.D., a 2000 internship at the Heritage Foundation, a 2001 role at the Hudson Institute, and a position with the Forum of the Brzezinski Chair of Scholars at CSIS.

Gobble's Take: Budapest just handed its top diplomatic post to someone whose résumé is essentially a walking tour of Washington think tanks. Source: Perplexity Search (community news)

India's inflation hits a 16-month high as Asia's central banks line up

India's inflation accelerated to a 16-month high of 3.9% in May, with food inflation jumping to 4.8% — its fastest pace since early 2025. The timing is awkward: this week brings policy decisions from the Fed, the Bank of Japan, the Reserve Bank of Australia, the Bank of England, and the central banks of Taiwan, Malaysia, Indonesia, and the Philippines.

Gobble's Take: Seven central banks in one week. Quiet is not on the agenda. Source: Perplexity Search (community news)

Tomorrow: the Fed decides on its policy rate — chairman Kevin Warsh's first meeting at the helm.

In Case You Missed It

Yesterday's top stories:

• Middle East diplomacy just got rewritten, and the energy market felt every word.
• India's market rebound: a week that started in panic and ended in recovery.
• Moscow wants to help Iran, charm the Gulf, and stay relevant — all at once.