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Donald Trump denounced four Republican representatives on Thursday for supporting a House resolution that would curb his authority to conduct military operations against Iran, calling the move “unpatriotic.” The resolution passed 215‑208, marking the first successful effort to limit the president’s war‑making powers since the 1973 War Powers Act.Trump Labels GOP Opponents “Unpatriotic” Over Iran War Powers VoteIn a post on Truth Social, Trump blasted the lawmakers for voting “right in the middle of my final negotiations to end the War with the Islamic Republic of Iran.” He singled out Thomas Massie (KY), Tom Barrett (MI), Warren Davidson (OH) and Brian Fitzpatrick (PA), calling them “GRANDSTANDERS” and urging them to be ashamed.Vote Count and Party Split Highlight Congressional TensionResolution passed 215‑208 in the House.Four Republicans joined Democrats to secure the majority.House composition: Democrats 221, Republicans 213.Senate control: 53 Republicans to 47 Democrats.Even if the Senate approves, Trump is expected to veto; a two‑thirds override would be required.Implications for U.S. Foreign Policy and 2024 MidtermsThe vote is being read as a signal that Trump’s grip on the GOP is loosening ahead of the November midterm elections. Lawmakers cite the Constitution’s war‑declaration clause and the War Powers Act, arguing that the president “illegally began this war” three months ago. Analysts note that public opinion polls show a growing majority of voters, including Republicans, oppose the Iran conflict, which has driven up fuel and commodity prices.What Comes Next for the War Powers Resolution and Iran NegotiationsFor the resolution to become law, it must clear the Republican‑controlled Senate and survive a presidential veto. Given the Senate’s narrow Republican majority, experts predict the measure will stall, leaving the House vote largely symbolic. Meanwhile, the administration’s diplomatic overtures remain uncertain; Trump has hinted a cease‑fire deal could emerge “by this weekend,” but the resolution’s passage may pressure negotiators to accelerate talks.

The United States House of Representatives has passed a resolution to rein in President Donald Trump’s powers to attack Iran without congressional authorization. This marks a significant moment of legislative pushback against the administration's military strategy.The Breakthrough Vote: A Rare Bipartisan RejectionIn a decisive 215-208 vote on Wednesday, four Republicans joined Democrats to pass the bill, signaling a rare moment of bipartisan unity against the executive branch's war powers.215-208 Vote: The final tally reflects a narrow but significant majority.Defector Republicans: Tom Barrett of Michigan, Warren Davidson of Ohio, Brian Fitzpatrick of Pennsylvania, and Thomas Massie of Kentucky broke ranks.Historic First: This is the first time this year the House has successfully passed a war powers resolution targeting Trump.The Economic and Strategic Cost of the ConflictThe passage of the resolution comes amid mounting concerns regarding the financial and logistical toll of the ongoing war, which began on February 28 without a formal declaration of war.Financial Impact: The Pentagon estimates the war has cost $29bn, though some analysts project the total could exceed $1tn.Munition Shortages: Critical supplies are depleting faster than anticipated, including Tomahawk missiles, THAAD systems, and PrSMs.Casualty Toll: The conflict has resulted in over 3,400 deaths in Iran and 13 US soldier deaths.Constitutional Friction and Political FalloutThe vote highlights deep constitutional tensions regarding the separation of powers and the specific role of Congress in declaring war.Constitutional Authority: Lawmakers argue that the Constitution exclusively grants the power to declare war to Congress, not the executive branch.Political Retribution: Thomas Massie, a key supporter of the bill, was defeated in his primary by a Trump-backed opponent, highlighting the personal risks for Republicans who defy the President.Public Disapproval: A poll from the Marist Institute found 60% of US citizens disapprove of Trump's handling of the war, a rise from 54% in March.The Veto Hurdle and Future ProspectsWhile the House has spoken, the path to ending the war powers remains obstructed by the executive branch.Senate Pathway: The resolution now moves to the Senate, which previously passed a similar bill in May.Presidential Veto: President Trump is expected to veto the measure, viewing it as an infringement on his authority.Override Threshold: To become law, the bill would need to overcome a veto with a two-thirds majority in both the House and Senate, a threshold neither version has currently breached.

The LeadPresident Donald Trump has made a surprising appointment, naming businessman and federal housing regulator Bill Pulte as the new acting director of national intelligence (DNI), replacing former Hawaii congresswoman Tulsi Gabbard who resigned last month. The announcement came via Trump's social media platform, with the president highlighting Pulte's experience in managing large financial matters while overlooking his complete lack of intelligence background.The Appointment DetailsTrump's announcement on Tuesday revealed that Pulte will continue to serve as director of the Federal Housing Finance Agency (FHFA) and chair of federally supported mortgage giants Fannie Mae and Freddie Mac while taking on the DNI role. The president emphasized Pulte's experience with what he called "the most sensitive matters in America, the safety and soundness of the Markets, and over 10 Trillion Dollars at Fannie Mae/Freddie Mac."As acting DNI, Pulte will oversee 18 intelligence departments including the Central Intelligence Agency (CIA) and the National Security Agency (NSA), which monitors foreign communications and helps defend the US against cyberattacks. The appointment is temporary, allowing Pulte to serve for up to 210 days without needing Senate confirmation, potentially through the November midterm elections.The BackgroundBill Pulte, 38, is a graduate of Northwestern University and heir to his family's residential development firm, PulteGroup—one of the largest homebuilders in the US, founded by his grandfather in the 1950s. He previously founded a private equity firm called Pulte Capital and is involved in large-scale philanthropic activities.Pulte has positioned himself as a loyal Trump supporter, having encouraged prosecutions of the president's perceived political enemies. He has accused New York Attorney General Letitia James and California's US Senator Adam Schiff, both Democrats, and Federal Reserve Governor Lisa Cook, an appointee of Democratic former President Joe Biden, of mortgage fraud. However, federal grand juries have refused to indict James, and no charges have been brought against Schiff or Cook, who all deny the allegations.Notably, Pulte has no experience in intelligence operations, a fact that has drawn significant criticism. During his vetting process for the FHFA position, Senator Elizabeth Warren, a Democrat, revealed that Pulte had deleted 25,000 social media posts before Trump nominated him.The Political ReactionsThe appointment has drawn widespread skepticism from lawmakers and intelligence officials across party lines. Senate Democratic Leader Charles Schumer called Pulte a "partisan thug," stating that "a guy who can file such baseless, political and outrageous charges against political office holders he doesn't like can't be entrusted to protect our national security."Several Republican senators have also expressed concerns about Pulte's qualifications. Republican Senator John Cornyn, a member of the Senate Intelligence Committee, stated: "I don't see any evidence of qualifications for that job." Arkansas Senator Tom Cotton, who chairs the Senate Intelligence Committee, declined to comment on Pulte's national security credentials, saying "I have no observations on the matter."Other Republican senators including Thom Tillis of North Carolina, Bill Cassidy of Louisiana, and Cornyn of Texas joined the criticism. "Doesn't seem qualified," Cassidy said. "When we looked at his background for the current confirmation, I thought most of his experience was in the building industry. I didn't know he had any national security experience," Tillis added.Senator Mark Warner, a Democrat from Virginia and vice chair of the Senate Intelligence Committee, expressed concerns that Pulte was selected "precisely because the White House believes he will provide the narrative it wants, not the intelligence we need." Senator Warren similarly criticized the appointment, stating that Trump is "rewarding his lackey – who has no national security experience – with a perch atop our nation's intelligence community."The Future OutlookPulte can serve in the DNI position for up to 210 days without Senate confirmation, a timeframe that would allow him to remain in the post through the November midterm elections. However, if Trump decides to nominate him for the position permanently, Pulte faces a challenging confirmation process in the narrowly divided Senate.Republican Senator John Thune acknowledged this challenge, stating: "If he's somebody we want in that position permanently, he's got a lengthy road ahead of him." The skepticism from both Democratic and Republican lawmakers suggests that Pulte would face significant opposition in any permanent confirmation process.The appointment comes at a critical time for US intelligence agencies, which are responsible for providing unbiased assessments of global threats. Critics worry that Pulte's lack of experience and perceived political motivations could compromise the independence and effectiveness of the intelligence community.

The Opposition to Crypto in 401(k) Plans Congressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. The Risks of Volatile Assets In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House education and workforce committee ranking member Bobby Scott of Virginia, argued the rule would expose an estimated $14.2tn of 401(k) retirement savings to volatile assets and would probably not withstand a challenge in court. The proposed rule could expose workers to higher fees and erode their long-term returns. These high-risk assets can experience extreme volatility. The Data Analysis The Financial Industry Regulation Authority (Finra) cautions that crypto investments “have experienced higher levels of volatility relative to more traditional investment assets” and “the risk of losing all of your investment is significant”. The FBI reported cryptocurrency fraud complaints comprise some of the highest losses for Americans among cyber-enabled fraud, with over $11bn in losses reported in 2025. The Impact Analysis Consumer advocates argue the proposed rule only puts retirement savings accounts at higher risk while benefiting the crypto industry. “Opening 401ks to these products risks turning workers’ retirement savings into a Ponzi-like scheme that throws a lifeline to an industry scrambling for fresh cash,” Oscar Valdés Viera, a senior policy analyst at consumer advocacy group Americans for Financial Reform, said in a statement. The Prediction Democrats flagged Trump’s ties to the crypto industry and the conflict of interest it could present to the proposal. Trump’s adult sons have been managing the family’s crypto business, which includes a new Trump-based digital currency, as he carries out his second term in the White House. The ventures in crypto have potentially raised as much as $5bn for the family after the launch of its digital currency in September, according to the Wall Street Journal.

The French Football Legacy France boasts an impressive World Cup history with 16 appearances, winning the prestigious trophy in 1998 and 2018. The nation sits proudly at the top of the FIFA world rankings and possesses some of football's most remarkable records, including Just Fontaine's 13 goals as the top scorer and Hugo Lloris's 20 appearances as the most capped player. Mbappé's Record-Breaking Campaign The Real Madrid forward needs just two goals to surpass Just Fontaine's record of 13 World Cup goals for France. After a blistering season where he scored 42 goals and contributed seven assists in 44 matches for Madrid, Mbappé will have his eye on the Golden Ball. Despite occasional inconsistency at previous World Cups, his sheer presence and quality could drive France to glory in 2026. France's Attacking Wealth France possesses an embarrassment of riches in attack, headlined by Ballon d'Or winner Ousmane Dembélé, who has added a second Champions League title to his resume. Young talents like Desire Doue (21), Michael Olise, Bradley Barcola, Marcus Thuram, Rayan Cherki, and Jean-Philippe Mateta provide depth and versatility. This collection of talent presents both a strength and potential challenge as egos could clash in such a star-studded lineup. Defensive Fortitude Many believe World Cups are won by teams with the best defenses, and France certainly fits that description. Arsenal's William Saliba provides a solid foundation in the center, supported by Dayot Upamecano's pace, Jules Kounde's world-class right-back skills, and the excellent left-back options of Theo Hernandez and Lucas Digne. The addition of uncapped goalkeeper Robin Risser from Lens adds depth to an already strong defensive unit. Deschamps's Final Chapter Didier Deschamps, the only Frenchman to have lifted the trophy as both player and manager, will step down after this tournament. The 57-year-old has faced criticism for his conservative approach, but he remains focused on results. His biggest selection challenge was omitting midfielder Eduardo Camavinga, who had a disappointing season with Real Madrid. Deschamps will be desperate to secure a second title as manager to cement his legacy. Group Stage Challenges France faces a challenging Group I with matches against Senegal, Iraq, and Norway. The opener against Senegal (ranked 14th) will be particularly tricky, as France is haunted by their 2002 defeat to the African side. Iraq (57th) should present an easier prospect, while Norway and Erling Haaland await in the final group game, having emerged from qualifying with a perfect record. France's World Cup Schedule June 16: France vs Senegal (East Rutherford, New Jersey), 3pm (19:00 GMT) June 22: France vs Iraq (Philadelphia, Pennsylvania), 5pm (21:00 GMT) June 26: Norway vs France (Boston, Massachusetts), 3pm (19:00 GMT) Tournament Prediction Al Jazeera predicts France will be runners-up if they face Spain in the final, but champions otherwise. While France possesses immense talent, Spain might have too much quality, coherence, and belief to overcome the French in a potential final showdown. The French Squad Goalkeepers: Mike Maignan (AC Milan), Robin Risser (Racing Lens), Brice Samba (Stade Rennais) Defenders: Lucas Digne (Aston Villa), Malo Gusto (Chelsea), Lucas Hernandez (PSG), Theo Hernandez (Al Hilal), Ibrahima Konate (Liverpool), Jules Kounde (Barcelona), Maxence Lacroix (Crystal Palace), William Saliba (Arsenal), Dayot Upamecano (Bayern Munich) Midfielders: N'Golo Kante (Fenerbahce), Manu Kone (Roma), Adrien Rabiot (AC Milan), Aurelien Tchouameni (Real Madrid), Warren Zaire-Emery (PSG) Forwards: Maghnes Akliouche (Monaco), Bradley Barcola (PSG), Rayan Cherki (Manchester City), Ousmane Dembele (PSG), Desire Doue (PSG), Jean-Philippe Mateta (Crystal Palace), Kylian Mbappe (Real Madrid), Michael Olise (Bayern Munich), Marcus Thuram (Inter Milan)

Alphabet, the parent company of Google, has announced plans to raise up to $80 billion (£59 billion) in equity to finance its aggressive artificial intelligence infrastructure expansion. This monumental fundraising effort underscores the sheer scale of capital required to compete in the modern AI landscape and sets the stage for a transformative year in tech finance.Alphabet's Mega-Equity Raise and the Berkshire Hathaway BetThe fundraising initiative includes a notable $10 billion share sale to Berkshire Hathaway, the investment conglomerate long associated with the retired investment guru Warren Buffett. Historically, Berkshire has stepped in to provide crucial liquidity during pivotal market moments, such as the famous $5 billion investment in Goldman Sachs during the 2008 financial crisis. Alphabet stated the fresh capital will directly support its world-class AI compute infrastructure to meet unprecedented customer demand for its Gemini system and enterprise cloud services.Decoding the $80 Billion Capital DeploymentWhile the headline figure is staggering, the deployment strategy reveals a nuanced financial approach. The $80 billion package is structured to address both operational expansion and internal financial mechanics:$40 billion is explicitly dedicated to scaling AI infrastructure and global compute capacity.$40 billion is allocated to cover an administrative change regarding tax obligations for the vesting of employee equity awards.The raise features an initial $30 billion paired with the $10 billion from Berkshire, alongside a flexible $40 billion drip-feed mechanism to be used gradually over time.Although $80 billion represents one of the largest equity fundraisings globally, it amounts to less than 2% of Alphabet's massive $4.6 trillion market capitalization. This year alone, the company's total capital expenditure is expected to reach between $180 billion and $190 billion.The Shift from Capital-Light Tech to Infrastructure HeavyweightsThis move serves as a stark reminder to Wall Street that the era of tech giants operating as capital-light free cash flow machines is fading. Market strategists at Deutsche Bank note that funding the AI capital expenditure boom is becoming a central, pressing topic for global markets. However, analysts at Hargreaves Lansdown emphasize that Alphabet is spending from a position of strength rather than distress. With Google Cloud growth accelerating, search proving resilient, and AI compute demand vastly outstripping current supply, Alphabet's investment is backed by tangible business momentum.The Looming AI IPO Wave and Market ExpectationsAlphabet's aggressive capital raise precedes a highly anticipated wave of AI-driven public offerings. Anthropic, the creator of the Claude chatbot and currently the world's most valuable startup at a $965 billion valuation, has confidentially filed for an initial public offering. Furthermore, industry heavyweights like OpenAI and Elon Musk's SpaceX (which includes the xAI startup) are also preparing to go public. As these industry titans enter the public markets, investors will increasingly demand concrete proof that massive data center buildouts will translate into durable, long-term revenue growth.

Introduction: Alphabet to Raise $80bn for AI Spending Alphabet, Google's parent company, has announced plans to raise up to $80bn in equity to fund its vast AI infrastructure investments. This move is one of the largest equity raisings ever and includes a $10bn share sale to investment giant Berkshire Hathaway. The AI Investment Strategy Alphabet, whose Gemini AI system has been growing its share of the AI chatbot market, says it will use the money to expand its “world-class AI compute infrastructure to meet its unprecedented customer demand.” The company stated: AI is driving an expansionary moment for Alphabet. The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply. By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead. The Financial Implications However, such a huge fundraising also serves as a warning to the markets that, despite the many billions of dollars thrown at AI infrastructure, meaningful returns are limited. Jim Reid, market strategist at Deutsche Bank, noted: “Funding of the AI capex boom is becoming an increasingly key topic for markets.” The Berkshire Hathaway Partnership The decision to tap Berkshire Hathaway is eye-catching, given the company's history of providing crucial funding to companies in need. Under Warren Buffett, Berkshire made a habit of stepping in to provide important, and lucrative, funding for companies who really needed cash, such as the famous $5bn investment into Goldman Sachs at the height of the financial crisis. The Competitive Landscape Alphabet is also tapping investors before some of its largest AI rivals attempt to join the stock market. Yesterday, Anthropic, which makes the Claude chatbot, said it had filed confidentially for an initial public offering on the US stock market. Anthropic is now valued at $965bn after raising $65bn in funding, making it the world’s most valuable startup.

The Lead: Alphabet Announces $80 bn Equity Offering to Accelerate AIAlphabet, Google’s parent, disclosed on June 2 2026 a plan to sell $80 bn of shares to fund its AI infrastructure rollout.Alphabet's $80 bn Equity Offering to Finance AI RolloutThe company will allocate the proceeds to expand compute capacity, data‑center assets, and the Gemini family of AI assistants.$10 bn to be sold directly to Berkshire Hathaway, led by Warren Buffett.$30 bn via underwritten offerings.$40 bn through staggered open‑market sales.Financial Scale: $80 bn Funding Structure and Market ImpactAlphabet’s market capitalisation exceeds $4.5 trillion. After the announcement, shares slipped about 1 % in after‑hours trading.Analysts at Goldman Sachs estimate that U.S. tech giants will spend roughly $800 bn on AI‑related capital in 2026, positioning Alphabet’s raise as a significant share of that total.Strategic Implications for the AI Race Among HyperscalersBy opting for equity rather than debt, Alphabet secures permanent capital, mitigating balance‑sheet strain as it targets capital expenditures of $180‑190 bn this year, with further increases expected in 2027.Industry voices, such as Troy Hooper of Mergermarket, note that compute capacity directly drives future revenue for hyperscalers, and ownership at scale lowers marginal training costs, creating a competitive moat.What the Equity Drive Signals for Alphabet’s Future GrowthThe funding underscores the “existential risk” narrative: under‑investing in AI could erode market position, while over‑investing is merely costly. Alphabet’s move suggests confidence in sustained demand and a bid to secure the largest, most efficient compute platform.Analysts will watch how the capital is deployed across data centres and Gemini services, which could shape the competitive landscape through 2027 and beyond.

Alphabet's Massive Fundraising Effort Alphabet, the parent company of Google, announced plans to raise $80 billion to support its ambitious AI infrastructure buildout. The company will sell stock to achieve this goal, with $10 billion coming from a stock sale to Berkshire Hathaway, led by Warren Buffett. AI Infrastructure Investment The funds raised will be used for "general corporate purposes, including capital expenditures to scale AI infrastructure and global compute," according to Alphabet's statement. This move is driven by strong demand for AI solutions and services from enterprises and consumers, exceeding the company's current supply. Financial Strategy $80 billion: The total amount Alphabet plans to raise. $10 billion: The amount Berkshire Hathaway will invest in Alphabet stock. $180-190 billion: Google's expected capex spend for the year. $700 billion: The estimated AI capex spend for tech giants this year. Industry Impact Alphabet's significant investment in AI infrastructure highlights the growing importance of AI in the tech industry. The company's efforts to scale its foundational infrastructure aim to support the substantial growth opportunity ahead. This move is part of a larger trend, with tech giants expected to spend heavily on AI capex this year. Future Outlook As Alphabet and other tech giants continue to invest in AI infrastructure, we can expect significant advancements in AI services and solutions. This investment wave is likely to drive innovation and growth in the AI sector, with potential applications across various industries.