WASHINGTON | Xinhua | About six months into the Iran war, the aircraft carrier USS Abraham Lincoln has become a stark symbol of how Washington’s pursuit of military solutions is increasingly coming back to haunt itself. As the conflict drags on, months of prolonged deployment are exhausting U.S. service members, …
Read More »Trump orders halt to Iran talks
WASHINGTON | Xinhua | U.S. President Donald Trump on Tuesday instructed his top envoys to halt their conversations with Iran, according to a CNN report, citing U.S. officials. Trump told his negotiating team, including Vice President JD Vance and envoys Steve Witkoff and Jared Kushner, not to engage with Tehran …
Read More »Why U.S. finds itself in stalemate as 60-day peace deadline expires
WASHINGTON | Xinhua | The 60-day window established under the June 18 peace memorandum of understanding (MoU) between Iran and the United States expires on Monday, marking a critical moment for an agreement that was meant to create space for diplomacy and de-escalation. Yet as the deadline arrives, Washington finds …
Read More »Trump announces talks with Iran on Monday
WASHINGTON | Xinhua | U.S. President Donald Trump said Sunday that negotiations with Iran will begin Monday afternoon, noting that Saudi Arabia, the United Arab Emirates (UAE) and Qatar had asked the United States to call off planned strikes because “they think there’s a deal.” “There’s a deal on …
Read More »Trump threatens “strong military action” if Iran talks fail
WASHINGTON | Xinhua | U.S. President Donald Trump said Monday that he decided to pause U.S. strikes on Iran in order to give negotiations another chance, while warning that he could order a restart of strikes if talks with Iran fail. “We are in very deep talks with Iran. If they …
Read More »How EAC Central Banks are responding to geopolitical tensions
Kampala, Uganda | URN | The effects of the conflicts in the Middle East and Eastern Europe have dominated the 29th Ordinary Meeting of the Monetary Affairs Committee of the East African Community, which just ended in Uganda. All seven governors of the central banks (minus DRC) decried the …
Read More »US does not believe Iran serious about negotiations — Rubio
TOKYO | TASS | Tehran has reached out to Washington regarding negotiations to resolve the armed conflict, but the United States does not believe that Iran is serious, US Secretary of State Marco Rubio stated at a meeting of foreign ministers of the Association of Southeast Asian Nations …
Read More »Oil shocks are no longer so shocking
COMMENT | NOURIEL ROUBINI | The Persian Gulf is in an unstable disequilibrium. There has been no lasting deal to reopen the Strait of Hormuz, because the United States and Iran remain far apart in their demands, with the Iranians holding more leverage than President Donald Trump ahead of the US …
Read More »U.S., Iran exchange fresh strikes as tensions escalate
TEHRAN | Xinhua | The United States completed a third round of strikes on Iranian military targets on Sunday, while Iran launched attacks on U.S. bases and facilities across the Gulf, marking a sharp escalation despite a memorandum of understanding (MoU) signed in June. The U.S. Central Command said on …
Read More »Massive turnout in Iraq for funeral of late Iranian supreme leader
BAGHDAD | Xinhua | Millions of mourners gathered in Iraq’s holy cities of Najaf and Karbala on Wednesday for the funeral processions of Iran’s late Supreme Leader Ayatollah Ali Khamenei. Initial reports indicated that over 2.3 million people participated in the first hour of the procession in Najaf that began …
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