The United States and Iran are edging toward a temporary agreement to halt their war, sources and officials said on Thursday, with Tehran reviewing a proposal that would stop the fighting but leave the most contentious issues unresolved. Iran’s foreign ministry spokesperson said Tehran had not yet reached a conclusion on the emerging plan, which […]
Deal
Pakistan proposes ‘two-tier’ truce deal to end US-Israel war on Iran
Pakistan has proposed a two-stage plan to end the US-Israel war on Iran and reopen the Strait of Hormuz, with both sides now mulling the framework, a source has told the Reuters news agency. Esmaeil Baghaei, spokesman for Iran’s Ministry of Foreign Affairs, on Monday acknowledged diplomatic efforts by Pakistan, which has shared a plan […]
Climate Deal
COP30 ended the way too many climate summits now end: applause in the hall, and a deal that sidestepped the hardest question. In Belém, nearly 200 countries approved an agreement that increases finance for climate-vulnerable states all the while avoids any commitment to phase out the fuels driving global heating. For two weeks, delegates fought […]
India’s oil deals with Russia dent decades-old dollar dominance
NEW DELHI: U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – have been settled in other currencies. The dollar’s pre-eminence has periodically been called into question and yet it has continued because of the […]
Iran, US clash at UN on nuclear deal, human rights issues
The US and Iran clashed on security and human rights on Wednesday, with Iran’s president demanding US guarantees to revive the 2015 Iran nuclear deal and the US president vowing Tehran would never get an atomic bomb. Iranian President Ebrahim Raisi struck a defiant tone at the United Nations General Assembly by decrying “double standards” […]
Switzerland ends talks with EU on cooperation deal
Switzerland announced Wednesday it was ending talks with Brussels towards sealing a long-delayed cooperation agreement with the surrounding European Union. President Guy Parmelin told journalists in the capital Bern that Switzerland was ending the negotiations on a framework agreement — a move that could jeopardies the country’s relationship with its largest trading partner. Brussels had […]
With Iran deal teetering on brink, Europeans assess next steps
European foreign ministers will seek to flesh out how to convince Iran and the United States to reduce tensions and initiate a dialogue when they meet in Brussels on Monday amid fears that the 2015 nuclear deal is close to collapse. U.S.-Iranian tensions have worsened since U.S. President Donald Trump decided last year to abandon […]
Sudanese say US pressure was key to reaching transition deal
The power-sharing agreement reached between Sudan’s military and pro-democracy protesters last week came after the United States and its Arab allies applied intense pressure on both sides amid fears a prolonged crisis could tip the country into civil war, activists and officials said. The agreement, which raised hopes of a democratic transition following the military […]
US-Japan trade deal progress likely in ‘months’: US official
Tokyo understands Washington’s desire to negotiate greater access to the Japanese market and efforts to reach a new trade agreement should bear fruit soon, a top US trade official said Wednesday. The testimony by US Trade Representative Robert Lighthizer comes a week before US officials are due to meet Japanese counterparts on the sidelines of […]
Iran says it will not extend 60-day nuclear deal deadline: Tasnim
Iran will not extend a 60-day deadline for it to start pulling out of more commitments agreed under its nuclear deal, the spokesman for Iran’s Atomic Energy Organization, Behrouz Kamalvandi, said on Wednesday. Iran stopped complying in May with some commitments in the 2015 nuclear deal that was agreed with global powers, after the United […]