
Ten years ago, June 2016, the UK voted to leave the EU and since then, an extensive body of research has studied the impact of Brexit on the UK economy.

Cuba's National Assembly approved on Friday a package of 176 measures that introduces market dynamics into the island's economy, in the deepest shift since the reforms promoted by Raúl Castro in 2011. The government presented the plan as a response to the worst economic crisis in decades, though much of the population receives it with skepticism.

Andy Burnham, Labor’s former Greater Manchester mayor has won with a clear majority in a special election to the British parliament, and is ready to challenge Prime Minister Keir Starmer for the party leadership saying he wants “to lay out a new path for Britain and Labour needs to make life affordable” again.

The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4% during the MPC meeting on June 18.

Left-wing candidate Roberto Sánchez called a protest in Lima for Friday against the result of Peru's presidential runoff, which makes right-wing Keiko Fujimori the virtual winner, as the electoral justice was due to decide on the challenges filed by his party. With 99.51% of the tally sheets counted, Fujimori leads Sánchez by some 44,101 votes, though no winner has yet been proclaimed.

US President Donald Trump opened a new rift with Italian Prime Minister Giorgia Meloni by claiming that she begged him for a photo during the G7 summit and that he obliged out of pity. Meloni called the account fabricated, and in response Italy's foreign minister canceled a planned trip to the United States this weekend.

Right-wing lawyer Abelardo de la Espriella heads into Colombia's presidential runoff, set for this Sunday, June 21, as the favorite, though with contained triumphalism, while left-wing senator Iván Cepeda trusts that a late push can still overturn the result. Both campaigns sense the election is closer than the polls reflect.

Ukraine on Thursday launched one of its largest drone attacks on Moscow since the start of the Russian invasion in 2022, hitting the capital's oil refinery in the Kapotnya district, covering the city in black smoke and forcing the closure of its four airports. It was the second strike on that facility —run by a subsidiary of state-owned Gazprom— in a week.

Opposition figure Dinorah Figuera, president of the National Assembly elected in 2015 and exiled in Spain for nearly eight years, returned to Venezuela on Thursday at the invitation of the US State Department to negotiate a credible electoral authority with Delcy Rodríguez's interim government. The return is part of Washington's plan for a democratic transition in the country.

The Falkland Islands Government is currently developing modernized anti-discrimination legislation, with the first phase focusing on protections relating to race.