146 Venezuelans were deported from Texas to Caracas on June 24. Hours later, while the deportees were in a guarded hotel, powerful twin earthquakes struck.
Data: BIS ; Chart: Danielle Alberti/Axios Today's AI buildout resembles earlier technological revolutions and capital booms that ended in painful busts. - That's the new warning from the Bank for International Settlements, a top forum known as the "central bank for central banks." Why it matters: The technological revolutions that transform the economy have a long history of attracting more investment than what near-term returns justify. - The risk is that AI follows the same pattern at a moment when the global economy is unusually reliant on a single investment boom to keep the expansion on track. Flashback: Some of the world's greatest technological breakthroughs — canals, railroads, the internet — sparked enormous investment…
As he tries to hammer out a peace deal with Iran, President Trump has a dovish adviser in Vice President Vance perched on one figurative shoulder — and a hawkish Secretary of State Marco Rubio on the other. Why it matters: The success of the talks — and therefore the health of global oil markets — greatly depends on how well Trump deploys each man to balance competing interests in Iran, Israel and Lebanon. - "Think of Marco and JD as aspects of the president's personality and policy," a top Trump adviser told Axios. "There's a more pro-Israel aspect of it, and that's Rubio. And there's a more Israel-skeptic aspect. That's JD." Zoom in: Vance and Rubio differed during internal administration deliberations about the landmark June 17…
Big Bear Valley, California, bald eagles Jackie and Shadow's eaglets are all grown up — but one took an unexpected tumble. Luna fledged the nest, while Sandy accidentally fell out of it on Sunday.
A blast from an explosive device has seriously injured three people at a residential building in Monaco, and the attacker fled to France, local authorities said.