What We’re Watching: America Rules the Waves & An Istanbul Do-Over

US warships steaming toward Iran – A US aircraft carrier group is now headed to the Middle East following warnings from Washington that Iran and its proxy forces have given "troubling and escalatory" indications of a possible attack on US forces in the region. It's not immediately clear what these indications are, but we're certainly watching for any dangerous escalation in US-Iranian military tensions. Tomorrow marks the one-year anniversary of President Donald Trump's decision to withdraw the US from the Iranian nuclear agreement.

The Istanbul Do-Over – Turkey's President Recep Tayyip Erdogan wanted another chance to win local elections in Istanbul, and he'll get one on June 23. A Turkish court ruled on Monday that a previous vote, which the opposition won by a margin of about 14,000 votes out of more than 8 million cast on March 31, must be re-run. We'll be watching not only for the new election result but for how Erdogan, the opposition, and residents of Istanbul react to them – if you call a do-over, you better be sure to win when it's done over, right?

What We're Ignoring: The UK's Newest Royal & A Deep, Deep Hole

Baby Sussex – The Signal team sends hearty congratulations to the Duke and Duchess of Sussex—that's Prince Harry and Meghan Markle for all you Americans—on the birth of their first child, a boy. But given that this kid is only seventh in line of royal succession, he better be doing card tricks by Thursday or we won't have much further interest in him. (Trivia fans: per our friend Dave Lawler at Axios, seventh in line to the US presidency is Attorney General William Barr — how's that for an expert weaving of news flows?)

Jumping down the deepest hole on Earth – You probably know that there was a Cold War race to the moon, but less familiar is the fierce scramble to the center of the Earth. By the time the USSR fell, Soviet scientists had drilled the deepest hole in the planet, more than 7 miles under the Siberian tundra, in an unfinished bid to reach all the way to the earth's mantle. The Kola Superdeep Hole has been capped since then, but Japanese scientists now want to take the plunge. We are doing our best to ignore this extraordinary story, because we fall down WAY too many fascinating rabbit holes in our line of work as is...

More from GZERO Media

The US Commerce Department is looking into whether Taiwan Semiconductor Manufacturing Company, the world’s largest contract chipmaker, is — knowingly or unknowingly — producing computer chips for the Chinese technology giant Huawei.

Meta AI logo is seen in this illustration taken on Sept. 28, 2023.

REUTERS/Dado Ruvic/Illustration/File Photo via Reuters

Meta, the parent company of Facebook and Instagram, claims one of its newest models can evaluate other AI models.

Pony.ai and its first automatic driving system production line, as seen in Shanghai, in 2020.

Oriental Image via Reuters Connect

On Oct. 17, a Chinese autonomous vehicle company called Pony AI filed to go public in the United States through an initial public offering. The company is the latest Chinese firm to seek entry into the US public markets after Beijing eased its restrictions on its domestic private sector seeking foreign investment and listing on US exchanges. The Chinese electric vehicle startup Zeekr began trading on the New York Stock Exchange in May.

A person holding smartphone

At the annual World Bank-International Monetary Fund Annual Meetings in Washington, DC, this week, delegates will discuss how AI could “unlock” opportunities in developing nations. This was also a hot topic at last month’s UN Summit of the Future. And nowhere is that discussion more ripe than the African continent.

- YouTube

As Russia’s invasion rages on with no end in sight, Ukraine’s future hangs in the balance. Continued US support is far from guaranteed, and future policy toward Ukraine won't be clear until after the dust settles from the US election. On GZERO World, Ian Bremmer sat down with European Parliament President Roberta Metsola, one of Ukraine’s staunchest defenders, to ask about its path to EU membership and the future of Europe’s strategic autonomy.

Signage for the International Monetary Fund (IMF) and World Bank Group (WBG) 2024 Annual Meetings is seen at the IMF secondary headquarters, in Washington, D.C., on Monday, October 21, 2024.
(Graeme Sloan/Sipa USA)

The last time the World Bank and International Monetary Fund held their landmark conference in April, speakers placed great emphasis on each institution’s role in helping the world’s poorest people get a leg up.

Islamic preacher Fethullah Gulen is pictured at his residence in Saylorsburg, Pennsylvania in this December 28, 2004 file photo.
REUTERS/Selahattin Sevi/Zaman Daily via Cihan News Agency

An exiled Turkish cleric who founded a global Islamic movement and was an adversary rival of Turkish President Recep Tayyip Erdogan died Sunday in the United States.