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Peel, sip, collect. It's Friday, the 19th of June.

Welcome to the PDB afternoon bulletin.

I'm Mike Baker, your eyes and ears on the world stage.

All right, let's get briefed.

First up, the saga continues.

The fragile peace process between the U.S. and Iran has already encountered its first major test.

New fighting between Israel and Hezbollah forced the postponement of high-level negotiations in Switzerland

before a last-minute ceasefire between Israel and Lebanon was cobbled together in an attempt to salvage the negotiations.

Confused? Well, so are we all. I'll have the details. Later in the show, Cuba approves some of the most sweeping free market reforms since Fidel Castro's revolution.

We'll explain why the communist government suddenly appears willing to embrace changes that it once considered politically unthinkable.

But first, today's afternoon spotlight. Just days after the U.S. and Iran signed a 60-day

memorandum of understanding, essentially a pause,

while the two sides attempt to hammer out an agreement over key issues, the fragile peace process

has already encountered its first major obstacle. High-level talks between American and Iranian

negotiators that were expected to start today in Switzerland have now been postponed after a

renewed round of fighting between Israel and Chazbollah threatened to derail the broader diplomatic

effort. The delay comes at a particularly sensitive moment. On Sunday, President Trump announced

...