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July 11, 2025 6 mins
Today's essential intelligence covering international developments and European affairs. Risk-On, But Yields Remind Who’s Boss
The S&P 500 closed up 0. Paris-London tighten the screws on Moscow
Macron and Starmer, chairing the “cease-fire coalition,” agreed to draft a “Phase-4” sanctions list targeting Russian LNG swap trading and $120 bn worth of VTB and Rosneft euro-bond holdings (Elysée, UK FCDO).
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