US-Iran escalation, Blanche grilled, Argentina v Spain and PayPal

The U.S. turns up the heat on Iran with fresh strikes on coastal defenses as Tehran calls it an "existential war." President Donald Trump's pick for U.S. Attorney General – Todd Blanche – has a bruising Senate hearing. Argentina breaks English hearts again to reach the World Cup final. Stripe and Advent offer $53 billion to buy PayPal. And SpaceX shares sink below their IPO price, putting its $2 trillion valuation in doubt. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices