US and Iran sign ceasefire agreement

But Trump says he could still resume attacks.

Daily Briefing Daily Briefing By Kate Turton Hello. The US and Iran release the text of an interim ceasefire agreement their presidents have signed, Trump blows up the spy bill after Senate Republicans say 'no' to voter ID legislation, and Ukraine's Azov fighters are hitting back. Plus, drone strikes beyond the battlefield pump up the market for technology to repel them. Today's Top News   Vessels at the Strait of Hormuz, as seen from Musandam, Oman. REUTERS/Stringer Middle East The US and Iran released the text of an interim agreement their presidents have signed to end their war, with US President Donald Trump threatening to resume attacks and kill Iranian officials if they failed to honor their commitments. Here is the full document as it was read out. The deal could hand Hezbollah a lifeline, and shift the balance of power in Lebanon. Tom Perry tells the Reuters World News podcast what it might mean for the region and why Beirut's government stands to lose. Israeli Prime Minister Benjamin Netanyahu's hopes of clinging to power in an election this autumn have long been shaky, but the interim US deal with Iran has added yet another complication. In other news Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a ‌mental health breakdown, legal experts said. US Defense Secretary Pete Hegseth announced a new review of America's troop deployments in Europe and threatened to withhold some US dues to NATO if "free riding" allies did not meet their defense spending commitments. Trump's derailment of a US Senate plan to pass a key national security bill this week is only the latest example of a growing rift with Senate Republicans, who are more willing to defy the commander-in-chief in the run-up to the November midterms. Four years after Ukraine's Azov Regiment surrendered the last corner of the devastated city of Mariupol to Russian forces, the rebuilt unit is setting its sights on making Moscow pay for its occupation. Business & Markets   Federal Reserve Chairman Kevin Warsh opened a new era of US monetary policy, with officials agreeing to leave interest rates unchanged despite inflation stuck well above their target but also launching an ambitious review that could reshape how the central bank makes decisions and communicates with the public. The Trump administration said it would pay $765 million to power project developer Invenergy to terminate four wind leases off the coasts of New York, California and Maine. Surging Chinese trade with Africa and lifting of tariffs for most countries on the continent look set to boost yuan use, aiding Beijing's bid to build alternatives to Western finance. German Chancellor Friedrich Merz and his counterparts are reluctantly contemplating action to address a yawning €360 billion deficit with the People’s Republic. In this week’s Viewsroom podcast, Breakingviews columnists debate whether the continent can actually form a united front. A rise in Russian attacks on Ukrainian seaports and vessels could cut monthly grain shipments by as much as a third. Ukraine is one of the world's major grain exporters. Drone strikes beyond the battlefield pump up market for technology to repel them   Drone incursions disrupting airports in Europe and strikes on oil fields in the Middle East are spurring a fast-growing market for radars, jammers and defensive craft to defend against new aerial threats. Drone technology has caused upheaval at airports for years, with London's Gatwick Airport among those to have had to suspend flights due to drone ‌alerts pre-2020. However, a fresh wave of incursions linked to wars in Ukraine and the Middle East has sent those concerns into overdrive. Read more And Finally... Qantas presents the modified Airbus A350-1000ULR jets to be used for record-breaking non-stop flights, with Sydney-London designated as the first route. REUTERS/Tim Hepher Qantas Airways announced London as the first destination for the world's longest non-stop commercial flight, a roughly 20-hour trip from Sydney eliminating the traditional stopover on the "Kangaroo Route". The Australian carrier plans to start selling tickets in February and launch ‌the flights in October 2027. Read more   Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website   Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. 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