Judging by public statements, prospects for a new deal to contain Iran’s nuclear program may be improving. A top adviser to Supreme Leader Ayatollah Ali Khamenei has affirmed the regime is willing to dispose of its stockpiles of highly enriched uranium, restrict itself to a purely civilian program and commit to never developing a bomb. … Read more
In May last year, Jonathan Lopez invested about $1 million worth of cryptocurrency in Dough Finance, a small trading platform that made it easy to make risky bets using borrowed funds. Initially, the 31-year-old investor and motivational speaker from Miami did well. Part of Dough’s appeal for users was “looping,” where traders borrow against their … Read more
China’s trajectory couldn’t be more different. It already leads global production in multiple industries — steel, aluminum, shipbuilding, batteries, solar power, electric vehicles, wind turbines, drones, 5G equipment, consumer electronics, active pharmaceutical ingredients and bullet trains. It is projected to account for 45 percent — nearly half — of global manufacturing by 2030. Beijing is … Read more
When President Donald Trump shook hands with Syria‘s new leader and promised to lift sanctions on his country at the Saudi royal palace last week, it was a vivid demonstration of how the president’s Middle East diplomacy has all but sidelined Israel. “Tough guy, very strong past,” Trump said about President Ahmad al-Sharaa, who once … Read more
China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total overseas holdings rose $233.1 billion, to $9.05 trillion, Treasury Department … Read more
US President Donald Trump said Friday “a lot of people are starving” in the besieged Gaza Strip, where rescuers reported more than 50 deaths in Israeli air strikes since midnight. Trump’s brief comments on Gaza came as he capped the first foreign tour of his second term that saw him visit several Gulf countries but … Read more
The Asia-Pacific Economic Cooperation group said Friday that it was “concerned” over the challenges to global trade, as ministers from APEC countries met in South Korea in the shadow of growing woes from US tariffs. Trade ministers from the top economies that make up APEC are meeting on South Korea’s Jeju Island amid concerns for … Read more
Russia on Wednesday released a list of officials who will attend peace talks with Ukraine in Turkey. But a key person was missing: President Vladimir V. Putin. The absence on the list of the Russian leader, who ordered the full-scale invasion of Ukraine in 2022 that began the war, was a strong indication that Mr. … Read more
Tulsi Gabbard, the director of national intelligence, is moving the assembly of the president’s daily intelligence brief from the C.I.A. headquarters to her own complex, according to officials briefed on the move. The brief, a summary of intelligence and analysis about global hot spots and national security threats, is overseen and presented to the president … Read more
Iran’s foreign minister on Wednesday called his country’s characterisation by U.S. President Donald Trump as the “most destructive force” in the Middle East “deceptive”, days after a fourth round of Iran-U.S. nuclear talks. Abbas Araqchi also confirmed a Reuters report that the Iranian deputy foreign minister will meet in Istanbul with British, French and German … Read more