22 June – Daily Monitoring

Makana 360 Daily Insights: 

📌 All eyes on Downing Street – what will the Prime Minister say, and when?
Labour figures expect Keir Starmer to announce a plan to leave office amid mounting pressure from his party and cabinet ministers. The crisis follows months of declining authority, reinforced by Andy Burnham’s strong by-election victory, which convinced many Labour MPs that he may be better placed to confront Reform UK. Starmer’s options are narrowing between removing dissenting ministers and trying to survive, or setting out a timetable for an orderly exit, while Labour weighs how to choose his successor.

📌 US and Iran take steps to reduce tensions in Lebanon and the Strait of Hormuz, mediators say
The United States and Iran made encouraging progress in Switzerland-based talks mediated by Qatar and Pakistan, despite earlier tensions caused by Donald Trump’s threats to resume bombing Iran and take control of the Strait of Hormuz. Iran’s foreign minister said oil sanctions were waived, some frozen assets were released, and a reconstruction and development plan was launched. Mediators also said both sides agreed to establish a high-level committee, a communication line for the Strait of Hormuz, and a de-confliction cell aimed at reducing tensions and helping end military operations in Lebanon.

📌 Colombian right-wing candidate De La Espriella wins a tight presidential race
Right-wing candidate Abelardo De La Espriella narrowly won Colombia’s presidential runoff, according to the initial count, with 49.66% against leftist Senator Ivan Cepeda’s 48.70%. Cepeda said he would wait for final verification and challenge results from some ballot boxes. Backed by Donald Trump, De La Espriella campaigned on cracking down on crime, ending talks with armed groups, lowering taxes, expanding oil and gas, and shrinking the state. His narrow mandate, high public debt, and a divided Congress may constrain his reform agenda.

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