New Delhi [India], June 17 (ANI): Japan witnessed a trade deficit of around USD 2. 34 billion (378. 6 billion yen) in May, which is its first deficit in four months, according to the government data released on Wednesday.
G7 leaders welcomed on Wednesday the announcement of a deal between the United States and Iran, saying it offered a major opening to prevent Tehran from acquiring a nuclear weapon and address regional and missile-related threats.
Video: British MP asks clarification on Israeli real estate event held in London Ellie Chowns, a British Member of Parliament with the Green Party, raised a question regarding Israeli real estate events taking place in London over the weekend, which market and sell properties in illegal West Bank settlements. "How is it that this government fails even to prevent the marketing of illegal property in this country, and still fails to take action? " she asked, and added: "The UK has a particular responsibility.
Shipping firms await proof of safety before returning to Hormuz Shipping companies are waiting for evidence that the agreement between the United States and Iran will hold before resuming operations through the Strait of Hormuz, Al Jazeera Arabic reported. The Financial Times quoted the chief executive of CMB Tech, one of the world's largest publicly listed shipping companies, as saying that the company would not send vessels through the waterway until it was "100% convinced" that conditions were safe. Insurance broker James Reason told the Financial Times that war risk insurance rates had not yet responded to the US-Iran agreement, adding that uncertainty persisted over its implementation.
Foreign Policy article calls Iran war a bigger defeat than Vietnam The United States' war against Iran represents a more serious strategic setback than the Vietnam War, contending that it directly damaged core US interests and weakened Washington's position on the global stage, a Foreign Policy analyst has reported. Writing in Foreign Policy, Paul Musgrave, an associate professor of political science at Georgetown University in Qatar, said the consequences of the conflict could prove more significant than those of Vietnam, which did not prevent the United States from ultimately prevailing in the Cold War. Musgrave described the conflict as a "war of choice" initiated by President Donald Trump and argued that it ended in a political and military disaster.
Israeli air strikes and shelling reported in southern Lebanon Israeli air strikes and artillery fire were reported across parts of southern Lebanon on Tuesday, Al Jazeera reported. The report said 10 rockets were launched towards Israeli forces near the town of Kfar Tebnit in the Nabatieh district before Israeli aircraft carried out strikes on the outskirts of the town. Additional Israeli air strikes were reported on the town of Nabatieh al-Fawqa, while artillery shelling targeted the heights of Ali al-Taher and surrounding areas near the town.
TEHRAN (Tasnim) – Mass rallies were held in different provinces of Yemen on Tuesday to hail the victory of Iran and the Axis of Resistance against the US and the Israeli regime.
New posts 16:54 First Iranian Crude Exports In 2 Months Leave Hormuz By RFE/RL's Radio Farda The first shipments of Iranian crude oil in two months have departed the Strait of Hormuz, according to ship-monitoring firm TankerTrackers. com.
New posts 20:12 Iran Says Trump And Pezeshkian May Sign Peace Deal Iran's Iranian Foreign Ministry spokesman Esmaeil Baqaei (file photo) Irans Foreign Ministry said it was considering a plan for US President Donald Trump and his Iranian counterpart, Masud Pezeshkian, to sign the framework deal in Switzerland.
New posts 06:41 US, Iran Sign Initial Deal To End Conflict The US and Iranian presidents have signed a memorandum of understanding, marking an initial peace agreement intended to end the conflict and taking effect immediately. US President Donald Trump signed the memorandum of understanding on June 17 during a candlelit dinner at the Palace of Versailles following a G7 summit.
New posts 06:41 US, Iran Sign Initial Deal To End Conflict The US and Iranian presidents have signed a memorandum of understanding, marking an initial peace agreement intended to end the conflict in the Middle East and taking effect immediately.
New posts 08:22 Oil Prices Fall, Dollar Steady As US-Iran Deal Eases Supply Concerns Oil prices fell on June 18 as investors weighed the interim peace agreement between the United States and Iran which could reduce risks to global energy supplies, while the dollar was little changed against major currencies. US crude dropped 1. 25 percent to $75.
Mumbai (Maharashtra) [India], June 17 (ANI): Indian equity markets opened higher on Wednesday, with the Nifty crossing the 24,000 mark and the Sensex gaining around 100 points, supported by optimism surrounding the proposed US-Iran peace framework and easing crude oil prices. At the time of filing this report, the Sensex was trading at 76,871. 58, up 63.
Evian [France], June 17 (ANI): Japanese Prime Minister Sanae Takaichi introduced the 'POWERR Asia' framework to the leaders present at the G7 Summit and proposed strengthening global oil stockpiles in collaboration with the International Energy Agency.
How did the world’s richest nation, armed with the most powerful military, arrive at this strategic defeat?
Israeli military aggression continues in southern Lebanon despite US-Iran accord Israeli military activity continued across parts of southern Lebanon on Tuesday despite the upcoming signing of a memorandum of understanding between the United States and Iran. According to reports from the ground, several deaths were recorded in the Nabatieh district, where Israeli drone strikes and military operations have intensified in recent weeks. Al Jazeera reported that the town of Mayfadoun was among the areas reportedly targeted, with several people killed in drone attacks.
Rights group condemns Israeli moves to take over Hebron planning powers Israeli rights group Peace Now has criticised the government's decision to assume planning and construction powers from the Palestinian Municipality of Hebron in areas linked to Israeli settlements and religious sites in the city. In a statement, the group said the move was "dangerous and irresponsible" and accused finance minister Bezalel Smotrich of attempting to "win a few far-right votes" from National Security Minister Itamar Ben-Gvir. "After promising victory [in the war on Iran] and failing on every front, Smotrich the arsonist is trying to set the West Bank ablaze," the organisation said.
Washington DC [US], June 17 (ANI): As Washington and Tehran inch closer to signing the peace agreement, American officials are working quickly to release the text of the agreement, which they have described as a 'political document'--leaving space for highly technical in-person talks to come, CNN reported citing US officials.
Washington DC [US], June 17 (ANI): US intelligence agencies' assessment revealed on Wednesday that Iran has acquired the ability after the war to shut the Strait of Hormuz at will, sources told CNN. Iran's ability to hurt the economy using the critical waterway can crop up again regardless of the framework agreement to be signed on Friday, the assessment revealed.
Video: Former Israeli negotiator says Israel depends on US support A former Israeli negotiator has said Israel is "existentially dependent on US aid" as debate continues over the implications of the US-Iran ceasefire agreement. One area of apparent agreement in statements from both Washington and Tehran is that the ceasefire will extend to Lebanon, although significant differences remain over how that provision will be interpreted and implemented. Israeli officials have indicated that they do not intend to withdraw from what they describe as security zones in Lebanon, Syria and Gaza.
