Finance news

Iran forced to leave US immediately after World Cup draw with New Zealand

Iran’s captain Mehdi Taremi and manager Amir Ghalenoei have revealed that they were thrown out of the United States immediately after their draw with New Zealand in Los Angeles, with Ghalenoei calling the team “the most oppressed” at the World Cup. Taremi said their treatment was a “disaster” and added that the Fifa president, Gianni Infantino, who attended the 2-2 draw at SoFi Stadium went into the dressing room to speak to the team, but called on Fifa to provide more support. Ghalenoei said hi

Meeting in Évian: G7 summit with Trump – Between adaptation and demarcation

The US President wants to dominate the summit meeting according to his rules. But in Évian, the heads of state and government are showing that they will no longer let Trump dictate the direction alone.

Agreement between USA and Iran: “The proof lies in the implementation”

Opening the Strait of Hormuz was the most important US goal in the short term, says Iran expert Ali Vaez. But a solution to the nuclear conflict is still a long way off.

AI as a job killer?: No job apocalypse!

AI is considered a job killer? The US labor market tells a different story: Technology is driving demand and the job market. The danger lies elsewhere.

In 2016, ‘China’s Disneyland’ opens with localised attractions in Shanghai – SCMP archive

Disney opens Shanghai park, with eye to future By Mandy Zuo (Additional reporting by Nikki Sun) This article was first published on June 16, 2016 China represents “incredible potential” for Walt Disney, said company chairman Bob Iger ahead of the opening of its Shanghai theme park today (June 16, 2016). The US$5.5 billion complex is the first step onto mainland soil by the Western media giant as it seeks to grow its brand beyond already saturated markets back home. And the company was already...

IMF chief warns energy recovery to take time after US-Iran ceasefire

The Fund downgraded global growth projections due to the impact of the war

Belarus’ Lukashenko tells Russia, Ukraine to make ‘compromises’ and end war

Belarusian President Alexander Lukashenko, one of Kremlin leader Vladimir Putin’s closest allies, said in an interview published on Monday that Russia and Ukraine must compromise to end the war that has raged for more than four years with no end in sight. Lukashenko, whose ex-Soviet state has been improving ties with Washington, also said that ‌he would not rule out meeting US President Donald Trump. Lukashenko told Al Arabiya television that it was clear that victory on the battlefield was...

Shipowners hold off on Hormuz transit until US-Iran deal proves ‘material’

Shipowners ⁠will not resume transit through ⁠the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the CEO of Japan’s Mitsui O.S.K. Lines told the Financial Times in an interview published ‌on Tuesday. The Iran war that began on February 28 with US-Israeli strikes largely stopped shipping through the transit route for around a fifth of the world’s oil and liquefied natural gas supply, along with products such as aluminium and urea. Mitsui O.S.K., one of...

No victory, no defeat: Iran war pauses with fragile freeze

The drones are grounded, tankers are reportedly moving again through the Strait of Hormuz and an electronically signed memorandum of understanding has formalised the pause. After 108 days, thousands dead and hundreds of billions of US dollars stripped from the global economy, the US-Israel war on Iran has ended – for now. Not with victory. Not with defeat. With a freeze. The United States and Israel assassinated Iran’s supreme leader and many of its top officials, then went on to degrade the...

Iran No More Pariah: Western Powers Back Tehran After Peace Deal Announcement

Iran secured a peace deal after withstanding 107 days of war, despite losing Supreme Leader Ayatollah Ali Khamenei and key officials. The agreement marks a stunning turnaround, with Western powers now backing Tehran—a sharp contrast to the joint US-Israel offensive aimed at regime change earlier this year. submitted by /u/Aware_Apartment_8959 [link] [comments]

Sanae Takaichi’s G7 mission: bridge Trump-bloc divides, polish ‘Iron Lady’ image

Prime Minister Sanae Takaichi’s first attendance at this week’s G7 summit aims to turn her rapport with Donald Trump into a bridge between the US president and the bloc’s leaders, as she seeks to cement her image as Japan’s “Iron Lady”. During a working dinner at the three-day meeting which began in Evian, eastern France, on Monday, Takaichi also proposed a joint strategic stockpile partnership to boost critical mineral supply chains and dent China’s dominance in the sector. “I want to discuss..

Morning Briefing Podcast: Middle East: The four pitfalls of the Iran deal / Banks: Unicredit counts Commerzbank board

The US President announces one success story after another about the Middle East. But the rest of the world is more skeptical: nothing has been signed and almost nothing has been clarified.

G7 summit in France: Test the West

China, AI, Ukraine: The agenda at Lake Geneva was already complicated enough before the US President announced his Iran deal. Are the leading industrial countries finding a line?

Cambodian interior minister hires US law firms to fight scam link claims

Can India react to Gulf sailors’ deaths like China did with US after 1999 embassy bombing?

The images were difficult to ignore. A viral video showed the body of a 35-year-old Indian seafarer on a vessel off Oman, with crew members using cold water bottles in a desperate attempt to slow the decomposition process. He had died last Thursday from medical complications, but it had not been possible to send help or evacuate him from the ship because of the US blockade in the Strait of Hormuz. The previous day, three more Indian sailors were killed when a tanker moored nearby was bombed...

US military base: Eight dead in B-52 bomber crash in the USA

After the crash of a huge US Air Force bomber in California, much is still unclear. All eight crew members die in the incident.

Military aircraft: Eight dead in B-52 bomber crash in USA

A huge US Air Force bomber crashed in California. The eight crew members die. Investigations into the cause of the crash are ongoing.

‘Terrible’ US-Iran deal could deepen Netanyahu’s rift with Trump

Benjamin Netanyahu bet that his joint war alongside Donald Trump would topple Iran’s clerical rulers and bolster ⁠himself ahead of the election at home, as the architect of a US-Israeli alliance that would reshape the Middle East. Instead, Israel’s longest-serving prime minister is on a collision course with Trump as the US president seeks to extricate himself from the war, with both men’s goals unmet and Israeli military operations tied down in Lebanon. For now, Israeli officials have been...

Chinese ‘CEO in a school uniform’ builds, exports drones, funds start-up by waiting tables

An enterprising 19-year-old student in China heads a start-up tech company and is also a philanthropist who donated 100,000 yuan (US$15,000) to sanitation workers at his school. Wei Siyuan graduated from Baoan Middle School in Shenzhen, southern China’s Guangdong province, last year and was admitted to Hunan University. He also has another identity: the chief executive officer of a company that develops unmanned aerial vehicles and artificial intelligence (AI) powered equipment. As a result, he.

North Korea plays US-China rivalry card to justify ‘irreversible’ nuclear status

North Korea’s latest spirited defence of its nuclear arsenal signals a strategy that goes beyond rejecting international calls to disarm and instead leans into mounting global superpower rivalry to legitimise its weapons build-up. The verbal offensive comes as North Korea could soon face renewed pressure to return to the negotiating table. Analysts say the winding down of the Iran conflict may allow Washington and its allies to refocus attention on the Korean peninsula. Pyongyang has also seized

Iranian American protesters gather as football team prepare for World Cup opener

Iranian Americans streamed into the Los Angeles stadium where Iran play their first match at the 2026 World Cup on Monday, with some calling for Iranians to band together and forget politics while others bore symbols protesting the government. The team arrived at the stadium, having flown into the US on Sunday from their training base in Tijuana, ‌Mexico, touching down in Los Angeles just as a deal was announced to end the US-Iran war. They are set to play New Zealand in Group G at 6pm local...

Accident in the USA: Eight people feared dead in B-52 bomber crash in the USA

A huge US Air Force bomber crashed in California. The military no longer sees any hope for the eight crew members.

General Atomics awarded US Army contract for extended-range artillery round

During a test last year, the company's projectile hit targets more than 74 miles away after being fired from an M777 howitzer.

8 presumed dead after B-52 bomber crashes at US military base in California

Eight people are believed to be dead after a B-52 bomber crashed soon after take-off on Monday morning at a US Air Force base in Southern California’s Mojave Desert, the US military said. “Initial indications are that the crash was not survivable,” Edwards Air Force Base posted on social media. The cause of the crash is under investigation, officials said. There was no information yet on the crew, however aerial footage showed virtually nothing left of an aircraft. Black smoke rose from a large.

AAPI survey finds fading faith in US as destination for immigrants amid Trump crackdown

Most Asian-American and Pacific Islander (AAPI) adults believe the United States used to be a great place for immigrants but no longer is, according to a survey released on Monday ahead of the 250th anniversary of American independence next month. “Forty-one per cent of AAPI adults say they have started carrying proof of immigration status or citizenship, or know someone who has, and 34 per cent say the same about changing travel plans because of immigration status,” according to the Associated.

Zelensky proposes meeting Putin in US after Russian leader ‘ignores’ G7 invitation

Ukrainian President Volodymyr Zelensky said on Monday he was willing to meet Russian counterpart Vladimir Putin in the United States, suggesting Putin would find such an offer “harder to refuse”. The Ukrainian leader said he made the proposal in a call with US President Donald Trump, and was waiting to see what came of it. Putin has repeatedly rejected offers for a face-to-face meeting with Zelensky to try to broker an end to more than four years of war. The Ukrainian leader said earlier that...

Energy prices could stay high for months, a year after US-Iran deal

Accident in the USA: B-52 bomber crashes shortly after take-off in California

A huge US Air Force bomber crashed in California. It is not yet known whether there are any injuries or deaths.

After US-Iran deal, Netanyahu says he will run in coming Israeli elections

Israeli Prime Minister Benjamin Netanyahu on Monday said he intends to run in elections scheduled for later this year, as he faces domestic criticism over his wartime leadership. Netanyahu, who is Israel’s longest-serving prime minister, has led his country through three years of war on multiple interconnected fronts and is currently on trial for corruption. In recent months, he has come under mounting fire from opposition leaders who accuse him of failing to achieve the war aims he set out...

Crude Extends Slide on Iran Accord

Oil prices plunged after the US and Iran agreed to an interim deal aimed at reopening the Strait of Hormuz.