Name: This country has launched new 2,000 peso note amid out-of-control inflation
Uploaded: 2023-05-23T08:52:55.000+05:30
Duration: T00M34S
Channel: Editorji News Desk
Description: Lionel Messi's country experienced an annual inflation rate of 109% in April.

All 22 Indian crew members aboard MT Jalveer were safely evacuated after the tanker came under attack off Oman. The incident marks the third US strike on a merchant vessel carrying Indian sailors in four days.

All 22 crew members evacuated after third vessel with Indians on board was attacked off Oman

All 22 Indian crew members aboard MT Jalveer were safely evacuated after the tanker came under attack off Oman. The incident marks the third US strike on a merchant vessel carrying Indian sailors in four days.

Crew members of a tanker carrying 22 Indians were evacuated on Thursday after the vessel came under attack off an Oman port, Indian officials said.
This was the third instance of a merchant ship with Indian crew members coming under attack from the US military off the Oman coast in the last four days.
A Palau-flagged oil tanker carrying 24 Indian seafarers was disabled by US forces on Monday. All crew members of the vessel MT Marivex were safely rescued.
On Wednesday, the US struck another Palau-flagged tanker MT Settebello, killing three out of the 24 Indian sailors on board.
Following Wednesday&rsquo;s incident, the Ministry of External Affairs (MEA) summoned US Charge d'Affaires Jason Meeks and he was handed a diplomatic note of protest.
The third incident took place on Thursday.
The Indian Embassy in Muscat said in a post on X: &ldquo;The rescue operation with the support of the Omani authorities has been successfully completed and all the 22 Indian crew members have been evacuated ashore. The Mission is coordinating with the Omani authorities on further actions.&rdquo;
The MEA later confirmed that the ship had come under attack.
"These attacks came from the US Navy that is stationed there," MEA spokesperson Randhir Jaiswal said at a press briefing in New Delhi while responding to a question on the incidents involving the vessels.
"We attach high importance to the welfare and well-being of our seafaring community,&rdquo; Jaiswal said.
The US Central Command said in a statement that it disabled the Guinea-Bissau-flagged MT Jalveer for allegedly violating its blockade against Iran by attempting to transport Iranian oil.
It said a US aircraft struck the vessel's engine room after the crew "repeatedly failed to comply with directions from US forces".
The MEA said two of the vessels involved in the incidents this week were operating under US sanctions, while one was in the non-compliant category.
India has described the attacks on commercial vessels as "deeply worrisome" and it has strongly taken up the matter with the US.
The US military imposed a blockade on Iranian ports after Iran effectively shut the Strait of Hormuz, a strategic waterway through which around 20 per cent of global energy supplies are transported in normal times.

US President Donald Trump warned of powerful strikes against Iran and threatened control over its oil infrastructure as military exchanges between the two countries intensified across the Middle East.

Trump says US will hit Iran 'very hard,' threatens to take 'total control' of its oil industry

US President Donald Trump warned of powerful strikes against Iran and threatened control over its oil infrastructure as military exchanges between the two countries intensified across the Middle East.

US President Donald Trump threatened Thursday to launch major strikes on Iran and seize control of its oil and gas industries as continuing attacks between the warring countries pushed the Middle East closer to the resumption of a full-scale war.
Trump said in a social media post that the US would hit Iran &ldquo;VERY HARD TONIGHT&rdquo; and would &ldquo;assume total control&rdquo; of Iran's oil and gas industries, including the key Kharg Island oil terminal, in the &ldquo;not too distant future.&rdquo; Trump compared his plans for Iran to how the US assumed control of Venezuela's oil sector after capturing then-president Nicol&aacute;s Maduro in January.
The post come after the US and Iran traded strikes for a second straight day. The American attack, which lasted into Thursday morning in Iran, appeared more intense and widespread than the day before.
Iran released little information on the extent of the damage and said it fired back at Kuwait, Bahrain and Jordan, as it had a day before.
Trump's threats on Thursday, while stark, represented his latest verbal escalation in the Iran war. In April, he warned Iran that &ldquo;a whole civilization will die tonight, never to be brought back again&rdquo; if it didn't agree to his terms, before extending a ceasefire in the war.
Kharg Island &mdash; located on the other side of the Persian Gulf from US bases in Kuwait and Saudi Arabia &mdash; is the beating heart of Iran's oil industry, through which 90 per cent of its exports pass. It is important because Iran's coastline is mostly too shallow for tanker ships to dock.
American troops would be vulnerable on Kharg Island because of its close proximity &mdash; about 33 kilometres (21 miles) &mdash; to the Iranian mainland, from which missiles, drones and artillery could be fired.
US military fires on another merchant ship trying to run blockade
The US military continued to enforce its blockade of Iranian ports, saying Thursday it fired missiles to disable a tanker attempting to transport Iranian oil. An Indian official said a US strike on a different merchant ship earlier this week killed three Indian sailors.
It was the third time this week that back-and-forth strikes have rattled the Middle East. The first involved attacks between Iran and Israel, followed by the two rounds of fire between the US and Iran, which hit countries in the region that host American bases.
The new exchange of fire came as efforts to negotiate an end to the war appeared stuck, with US President Donald Trump warning that Tehran would &ldquo;pay the price&rdquo; for stalled negotiations. Iran's Foreign Ministry said in a statement Thursday that the US attacks had &ldquo;effectively rendered the ceasefire ... meaningless,&rdquo; without saying it was abandoning it.
Central to the negotiations is Iran's stranglehold on the Strait of Hormuz, which has disrupted global energy supplies, driven up fuel prices and made food and other basics more expensive well beyond the region.
Iran announced Thursday that the strait was closed &mdash; but it was unclear what that meant since it has severely restricted traffic through the waterway since early in the war and only a trickle of ships have gotten through. The US military's Central Command disputed the claim &mdash; and Trump said Wednesday that the US has undertaken a secret mission in recent weeks to sneak ships through the passage.
The two sides also remain at odds over Iran's nuclear programme, which Tehran insists is peaceful but which the US and Israel fear could be used to build an atomic weapon due to its stockpile of highly enriched uranium. The US and Israel said a major reason they went to war on February 28 was to ensure that Iran would never be able to do that.
Iran has insisted that any deal to end the war must also end fighting in Lebanon between its ally Hezbollah and Israel. But Israeli Prime Minister Benjamin Netanyahu appears intent on pursuing his goal of destroying the militant group.
US strikes Iran and Iran fires back at Gulf states
Central Command said its latest round of airstrikes came &ldquo;in response to Iran's unwarranted and continued aggression&rdquo; and targeted &ldquo;Iranian military surveillance capabilities, communication systems and air defence sites.&rdquo;
It did not elaborate on the damage done by the strikes, which it said ended just before sunrise Thursday in Iran.
Explosions from the strikes echoed around Iran's capital, as well as the port city of Bandar Abbas and other southern areas along the Strait of Hormuz.
Iran's paramilitary Revolutionary Guard later said sites hit included a manufacturing complex, a military barracks and a local Guard base outside of Tehran.
Kuwait closed its airspace for several hours because of the attack, but did not elaborate on any damage.
Jordan said it intercepted 20 Iranian missiles fired toward an area that is home to a base hosting US troops, though no one was hurt.
Bahrain's Interior Ministry said an 11-year-old girl was hurt and cars and homes were damaged by debris from interceptions responding to the Iranian attack.
Meanwhile, Israel warned residents in the country's north to seek shelter after the detection of suspected incoming fire from Lebanon, where Israel is fighting the Iran-allied Hezbollah militant group.
Trump says the US is sneaking oil through the Strait of Hormuz
Iran's ability to control the Strait of Hormuz has proved a strong bargaining chip since the narrow waterway's effective closure has severely disrupted the global economy.
Trump said Wednesday that the US military has undertaken a mission since last month to sneak oil shipments past Iran's forces in the strait, aided by the destruction of Iranian radar equipment.
Trump said as a result more than 100 million barrels of oil have evaded Iran's chokehold.
There was no immediate confirmation of that figure, which equals roughly five days of oil shipments through the waterway before the war began.
But the seas remain dangerous for mariners.
The US military's Central Command said Thursday that it struck a Guinea-Bissau-flagged tanker attempting to evade the American blockade with a shipment of Iranian oil.
It said Hellfire missiles were launched to disable the M/T Jalveer late Wednesday after the ship's crew failed to obey US orders.
It's the ninth merchant vessel the US military says it has disabled since imposing the blockade in mid-April in waters off Iran.
Two of those ships came under US fire earlier this week.

Iran announced the end of its latest military operation against Israel after renewed missile exchanges but warned of a harsher response if hostilities continue. Diplomatic efforts remain underway.

Iran halts Israel operation after first post-truce clash

Iran announced the end of its latest military operation against Israel after renewed missile exchanges but warned of a harsher response if hostilities continue. Diplomatic efforts remain underway.

Iran on Monday said it was ending its latest military operation against Israel after the first exchanges of fire between the foes since a shaky ceasefire began, but warned it could inflict a more "crushing" response.
US President Donald Trump earlier on Monday told both Iran and key ally Israel to stop fighting, against the background of reports of an increasingly testy relationship between the US leader and Israeli Prime Minister Benjamin Netanyahu.
Iran fired dozens of missiles at Israel overnight and Israel responded by targeting military sites in the Islamic republic, sparking fears the escalation could usher in a new full-scale conflict after the April 8 truce.
"Israel and Iran must immediately stop 'shooting.' President DONALD J. TRUMP," the US leader wrote on his Truth Social network.
Minutes later, he added in a new post that "final negotiations" towards peace were proceeding "subject to ignorance or stupidity getting in its way."
Iran's military command then said it was halting the operation against Israel after delivering a "painful response".
But it warned "that should acts of aggression and hostility continue, including in southern Lebanon, much more severe and crushing measures than before will follow".
Shortly after, Israel's army intercepted three projectiles fired from Lebanon, according to an AFP journalist near their shared border, with the military confirming the munitions had targeted its forces operating in Lebanon's south.
"Some of the projectiles were intercepted prior to crossing into Israeli territory, and an additional projectile fell near IDF soldiers. No injuries were reported," the military said.
Tehran's earlier strikes followed attacks by Israel against targets of the Iran-backed Lebanese Shia group Hezbollah in the southern suburbs of Beirut.
Iran had repeatedly warned it would strike Israel if the Lebanese capital was targeted.
 - 'People frustrated' -
On Monday in Tehran, there was little sign of any return to war, with cafe terraces packed.
Traffic seemed lighter than usual for a weekday, suggesting that some people had stayed home and there were also many more people queuing at gas stations.
Maryam, 41, an accountant in Tehran, described "a sense of uncertainty and confusion."
"You don't know if there's going to be a war, nor do you know if the peace agreement will last. Nothing is clear. People are frustrated," she said.
Residents of Tel Aviv meanwhile went to shelters as sirens went off.
"I hope it will be short, but you can never know. Last time we thought it will be short and then it was a month, so I don't know," said Jonathan Ariel, 30.
Oil prices surged more than five percent on worries that war could break out again, with hopes now punctured of a rapid end to the standoff that has seen shipping limited through the key Strait of Hormuz trade bottleneck.
The strikes also came at a critical moment with diplomatic efforts to end the conflict involving mediator Pakistan on a knife-edge.
Iranian foreign ministry spokesman Esmaeil Baqaei warned at a press conference in Tehran attended by AFP that diplomacy was continuing but risked being "affected" by the escalation.
As he was speaking at the foreign ministry, a huge explosion shook the building, followed by repeated explosions believed to be from air defence systems, the AFP reporter said.
Pakistan Interior Minister Mohsin Naqvi visited Tehran to deliver what he said was a "special letter" to Iran's supreme leader Mojtaba Khamenei, according to Iranian state television.
He has since travelled back to Pakistan, an official Pakistani source said on Monday.
Iranian President Masoud Pezehskian wrote on X that Tehran was still "at the negotiating table".
 - 'Prepared for long-term war' -
No casualties have been reported in either Israel or Iran after the exchange of fire.
The Israeli military said it struck and dismantled Iranian defence systems deployed across several areas in the country. Iran fired nearly 30 missiles towards Israel since Sunday night, an Israeli military official said.
An AFP correspondent also saw a missile fall in agricultural land in the area of Najha, in the countryside of the Syrian capital Damascus, causing a fire around the impact site but no reported human casualties.
"Material damage is minor, but the psychological impact is significant. The area is home to children, farm caretakers, livestock and solar power installations," said Fadil Ataya, a local farmer.
A military source told the Tasnim news agency that "Iran is prepared for a long-term war with the Zionist regime and for strikes against US interests" in the region.
It also remains unclear who is leading decision-making in Tehran with Mojtaba Khamenei, said to have been wounded in a US-Israeli strike, yet to appear in public after taking over from his father Ali Khamenei who was killed on the first day of the war on February 28.
The European Union's top diplomat Kaja Kallas called on both sides to "sit down to a negotiation table and agree", adding that "the region does not need an escalation."

A 7.8-magnitude earthquake struck the southern Philippines, killing at least 35 people, injuring over 130, and triggering tsunami warnings before authorities lifted the alerts.

Major quake off Philippines kills at least 35, dozen still missing

A 7.8-magnitude earthquake struck the southern Philippines, killing at least 35 people, injuring over 130, and triggering tsunami warnings before authorities lifted the alerts.

A 7.8-magnitude earthquake in the southern Philippines on Monday killed at least 35 people, according to provincial authorities, after toppling buildings and sparking tsunami warnings across the region.
National disaster authorities said at least a dozen people were still missing, while 134 had sustained injuries.
Philippine authorities urged people in affected coastal regions to move to higher ground after the offshore quake hit south of General Santos, a city of about 720,000, where the death toll was now 12, according to the tally at a local command centre.
A series of powerful aftershocks rocked the area from about two hours after the first quake, according to the United States Geological Survey, with the largest measuring magnitude 6.5.
As night descended, AFP journalists watched as rescue workers in General Santos used their hands to dig through the rubble of a popular grocery store chain in a desperate bid to reach two employees buried beneath.
Morphy Angcad, a 35-year-old security guard, told AFP he was not ready to accept that his sister, one of the two, was dead.
"We received a call this morning telling us that she was one of the trapped there," he said, adding he had refused a hotel room so he could stand watch.
"I don't want to leave this site until I see the body of my sister&hellip; (but) I'm hoping against hope that she is still alive."
Dioslinda Deluvio told AFP her son Joey, the other employee, had come to visit her just weeks earlier, asking: "Ma, what is your plan for your life? Are you OK?"
"All I can do is cry now, imagining the good things he did in the world," she said.
A few kilometres away, others were preparing to spend the night on a sidewalk.
"I'll be sleeping here outside even if it's uncomfortable, because I'm scared there will be an aftershock," 34-year-old sales clerk Johnson Alerta told AFP.
"I feel safer here."
 - 'So many lives' -
Rene Punzalan, disaster chief for hard-hit Sarangani province, told AFP 14 people had died in Glan municipality alone when a landslide buried their homes at the foot of a mountain.
"The landslide happened immediately after the earthquake, so many lives were lost," he said, adding that some areas had yet to report if they had sustained casualties.
"The greatest challenge is communication. The power was cut, so it's hard to get updates," Punzalan said.
Videos posted to social media and verified by AFP showed a shopping centre with a Jollibee fast food restaurant reduced to rubble in General Santos, while a school building that officials said was unoccupied crumpled in another.
In another video verified by AFP, young schoolchildren could be seen screaming in the arms of their teachers as the quake violently swayed them back and forth on the ground.
 - 'Move to higher ground' -
Sarangani's Punzalan told AFP that more than 2,000 people evacuated due to a morning tsunami warning were now awaiting a green light to return to their homes.
"(Authorities) are still assessing the situation now if it will be OK to send them home," he said.
A notice from the Pacific Tsunami Warning Center had said tsunami waves were possible along the coasts of the Philippines, Indonesia, Palau, Taiwan and Papua New Guinea.
But by mid-afternoon, the Philippines and other countries had cancelled their warnings.
Philippine President Ferdinand Marcos, who suspended classes across Mindanao island on what was to have been the first day of school, had called on residents in coastal areas to evacuate immediately.
"Move to higher ground now. Do not wait," he said. "Your life is more important than anything left behind."
Earthquakes are a near-daily occurrence in the Philippines, which is situated on the Pacific "Ring of Fire", an arc of intense seismic activity stretching from Japan through Southeast Asia and across the Pacific basin.
Eastern Mindanao was rocked by a pair of earthquakes of 7.4 and 6.7 magnitude in October that killed at least eight people.
These followed a magnitude 6.9 quake days earlier that killed 76 people in Cebu province in central Philippines.

The US has proposed a 12.5% tariff on imports from India and 53 other countries over concerns related to forced labour-linked imports. The move comes as India and the US continue negotiations on an interim bilateral trade agreement.

US proposes 12.5% tariffs on India, others on concerns over forced labour; India remains engaged in talks

The US has proposed a 12.5% tariff on imports from India and 53 other countries over concerns related to forced labour-linked imports. The move comes as India and the US continue negotiations on an interim bilateral trade agreement.

The US has proposed to impose 12.5 per cent tariffs on 54 countries, including India, for allegedly failing to prohibit the import of goods produced with forced labour, even as officials from New Delhi and Washington are currently holding three-day talks to finalise the first tranche of the bilateral trade agreement.
The talks that started on Tuesday are being held in New Delhi.
Reacting to the proposed 12.5 per cent tariff, the Indian commerce ministry said New Delhi is engaged with the US on the two Section 301 investigations - over concerns related to forced labour and excess industrial capacity.
The country is also "parallelly" engaged with the US for finalisation of an interim trade agreement, a framework for which was announced through a joint statement on February 7.
The US Trade Representative (USTR) has proposed the additional duty following investigations launched in March against 60 countries under Section 301 of the Trade Act of 1974 over concerns related to forced labour.
The measure remains a proposal and has not yet been finalised, the USTR said, adding that interested parties can submit requests to appear at hearings and summaries of testimony by June 22.
The USTR is scheduled to hold hearings on July 7.
"India remains engaged with the US on the matter as a part of Section 301 proceedings. India is also parallelly engaged with the US for finalisation of a framework agreement as was announced on 2nd February 2026 and in accordance with the joint statement released on 7th February 2026," the commerce ministry said.
The USTR has proposed duties on all goods barring a few. A special mechanism has also been proposed for textile and apparel products that could allow a certain volume of imports from selected economies to enter the US at lower tariff rates.
The 12.5 per cent duty has been proposed on 54 countries including Argentina, Australia, Bangladesh, Brazil, Cambodia, China, India, Israel, Japan, Malaysia, New Zealand, Norway, Oman, Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Sri Lanka, Switzerland, Thailand, the UAE, the UK, and Vietnam.
A 10 per cent additional import duty has been proposed on six nations - Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan.
The USTR statement said that it has determined that the acts, policies, and practices of these 60 economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labour are unreasonable and burden or restrict US commerce, and are thus actionable under the provision.
"The failure of our most important trading partners to address the importation of goods made with forced labour is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field, US Trade Representative Ambassador Jamieson Greer said in a statement.
"We will no longer tolerate this disparity," he said.
Interested parties can submit requests to appear at hearings and summaries of testimony by June 22, 2026, while written comments are due by July 6 on the proposed action.
The USTR is scheduled to hold hearings on July 7. A final decision is expected potentially before the expiry of the temporary Section 122 tariffs (10 per cent) on July 24.
Greer said though some trading partners have taken initial steps to prevent the importation of forced labour goods, including through USMCA (US-Mexico-Canada Agreement) and commitments in Agreements on Reciprocal Trade, "each of our trading partners must do more to ensure that trade does not perversely encourage and entrench forced labour globally".
In its submissions to the USTR on the probe, India has denied the allegations under the forced labour clause and asked the US to end the investigations, saying such matters should be addressed within the framework of ongoing bilateral trade negotiations.
The Office of the United States Trade Representative (USTR) launched two separate Section 301 investigations on March 11 and 12, 2026, covering 60 economies over concerns related to forced labour and excess industrial capacity.
The USTR on June 2 issued its findings in the forced labour investigation.
 NEW DELHI TALKS The USTR proposal comes amid the three-day talks underway in Delhi to finalise the first tranche of the bilateral trade agreement (BTA) between the two countries.
The US team is led by its chief negotiator Brendan Lynch. India's chief negotiator is Darpan Jain, an additional secretary in the Department of Commerce.
On February 7, India and the US issued a joint statement finalising the contours or framework of the first phase of the BTA or an interim trade deal.
According to the framework, the US agreed to reduce tariffs on India to 18 per cent from 50 per cent. It removed the 25 per cent tariffs on Indian goods for buying Russian oil and was to cut the remaining 25 per cent to 18 per cent under the pact.
But, on February 20 this year, the US Supreme Court ruled against President Donald Trump's sweeping reciprocal tariffs, which were imposed under the 1977 International Emergency Economic Powers Act (IEEPA).
Following that, the US President announced the imposition of 10 per cent tariffs on all countries for 150 days, starting February 24.
As the US Supreme Court has ruled against President Donald Trump's sweeping tariffs, the US administration now has the option of using the Section 301 investigation mechanism to impose new tariffs.
The US was the second-largest trading partner of India in 2025-26.
India's outbound shipments to the US grew marginally 0.92 per cent to USD 87.3 billion during the last fiscal year, while imports increased 15.95 per cent to USD 52.9 billion.
The trade surplus declined to USD 34.4 billion in 2025-26 from USD 40.89 billion in 2024-25. 
EXPERT VIEW Commenting on the proposed duty, think tank GTRI said the tariffs go beyond the scope of Sec 301, and India should challenge the probe's ambit.
The 12.5 per cent tariff exceeds the USA's WTO (World Trade Organisation) commitment as they exceed bound duties.
Under WTO rules, members maintain two types of tariffs -- applied tariffs and bound tariffs.
Applied tariffs are the actual customs duties levied on imports at a given time, while bound tariffs represent the maximum tariff rates a country has committed not to exceed under its WTO obligations.
Raising tariffs beyond the bound rate violates WTO commitments.
"The current investigation exceeds the scope of Section 301, which deals with market-access barriers faced by the US firms in the country being investigated and not what it imports and from where", the Global Trade Research Initiative (GTRI) said.
It added that the investigation is not based on allegations that Indian exports are produced using forced labour. Rather, the USTR action focuses on whether countries prohibit imports made with forced labour in third countries, it said.
GTRI founder Ajay Srivastava said India must argue that the US is attempting to impose its preferred import-control framework on other countries through unilateral trade measures, which is outside the scope of section 301.

Prime Minister Narendra Modi, during talks with Norwegian Prime Minister Jonas Gahr Støre in Oslo, said lasting peace in Ukraine and West Asia can only be achieved through dialogue and diplomacy, not military action alone.

PM Modi calls for peaceful resolution of conflicts in West Asia and Ukraine

Prime Minister Narendra Modi, during talks with Norwegian Prime Minister Jonas Gahr St&oslash;re in Oslo, said lasting peace in Ukraine and West Asia can only be achieved through dialogue and diplomacy, not military action alone.

Prime Minister Narendra Modi on Monday called for a resolution of the West Asia crisis and the Ukraine conflict through dialogue and diplomacy, asserting that military action alone cannot achieve lasting peace.
Modi made the remarks after holding wide-ranging talks with Norwegian Prime Minister Jonas Gahr Store that focused on boosting the overall trajectory of bilateral relations.
"India and Norway, both, believe in a rules-based order, dialogue, and diplomacy. We agree that no issue can be resolved through military conflict alone," Modi said in his televised statement to the media.
"Be it Ukraine or West Asia, we will continue to support every effort for the early end of the conflict and for peace," he said.
Modi met Store hours after he landed in Oslo from Sweden as part of his four-nation European tour.
In his remarks, the prime minister also underlined the need for reform of the global institutions.
"We also agree on this point that reforming global institutions is essential for addressing the growing global challenges."
"And eradicating terrorism in every form from its roots is our shared commitment," he noted.
Modi also complimented Norway for its support to India following last year's Pahalgam terror attack that killed 26 people, mostly tourists.
"I was supposed to visit Norway last year, but had to postpone that trip due to the terrorist attack in Pahalgam. During that difficult time, Norway stood firmly with India against terrorism, demonstrating true friendship," he said.
"Today, as I visit Norway, I express my heartfelt gratitude for that solidarity," he said.
Modi also hailed Norway's decision to join the India-led Indo-Pacific Oceans Initiative.
"As two major maritime nations, we will work together to strengthen cooperation in the marine economy, maritime security, and capacity building," he said.

US President Donald Trump arrived in Beijing for crucial talks with Chinese President Xi Jinping, with trade disputes, Iran, Taiwan and business deals high on the agenda.

Trump arrives in China for superpower summit with Xi Jinping

US President Donald Trump arrived in Beijing for crucial talks with Chinese President Xi Jinping, with trade disputes, Iran, Taiwan and business deals high on the agenda.

US President Donald Trump landed in Beijing on Wednesday for a high-stakes summit with Chinese leader Xi Jinping aimed at easing deep tensions between the rival superpowers.
Giving a fist pump, Trump descended the steps of Air Force One after touching down at Beijing Capital International Airport, kicking off the first visit to China by a US president in nearly a decade.
Right behind him were Tesla boss Elon Musk and Nvidia chief Jensen Huang -- potent symbols of the business deals that Trump hopes to sign between the world's biggest economies.
Trump was greeted with a bunch of flowers and then walked along the red carpet, which was lined with 300 Chinese youth in white uniforms chanting "welcome" and waving small Chinese and US flags in unison.
While en route to Beijing, Trump said on social media he would "be asking President Xi, a Leader of extraordinary distinction, to 'open up' China so that these brilliant people can work their magic".
Nvidia's Huang was a surprise late addition to the trip, joining the plane at a stopover in Alaska. China is currently banned under US national security rules from buying the cutting-edge AI chips that the company produces.
But Iran, trade and Taiwan loom over the highly anticipated meeting, which Trump had already delayed from March because of the war the United States and Israel started in the Middle East.
 - China 'welcomes' Trump visit -
Visiting China for the first time since 2017 during his previous term, Trump is expected to receive a lavish welcome from Chinese authorities.
Trump and Xi will hold talks at 10:00 am (0200 GMT) on Thursday in Beijing's opulent Great Hall of the People.
The US president will also visit the historic Temple of Heaven, a world heritage site where China's emperors once prayed for good harvest.
The leaders will then enjoy a state banquet in the evening.
On Friday, they are set to have tea and a working lunch before Trump heads home.
As he departed the White House, Trump said he expected a "long talk" with Xi about the joint US-Israeli war with Iran, which sells most of its US-sanctioned oil to China.
But he also downplayed disagreements, telling reporters that "I don't think we need any help with Iran" from China and that Xi had been "relatively good" on the topic.
The Chinese foreign ministry said Wednesday it "welcomes" Trump's visit and that "China stands ready to work with the United States... to expand cooperation and manage differences".
Yet Beijing is growing impatient for peace, with Foreign Minister Wang Yi urging his Pakistani counterpart on Tuesday to step up mediation efforts between Iran and the United States.
 - 'Big deal' -
The long-simmering trade war between the two countries will also be top of the agenda, after Trump's sweeping tariffs last year triggered tit-for-tat levies that exceeded 100 percent.
Trump and Xi are set to discuss extending a one-year tariff truce, which the two leaders reached during their last meeting in South Korea in October, although a deal is far from certain.
China's controls on rare earth and agriculture exports are also expected to be on the menu.
The tense buildup to the summit was already visible on the streets of Beijing, with police monitoring major intersections and checking the ID cards of passengers on the metro, AFP journalists saw.
"It's definitely a big deal," said Wen Wen, a 24-year-old woman travelling from the eastern city of Nanjing, when asked by AFP about Trump's visit.
Trump has repeatedly touted a strong personal relationship with Xi, which he insisted on Monday would prevent a Chinese invasion of Taiwan, the self-ruled democracy claimed by Beijing.
While Trump said on Monday he would speak to Xi about US arms sales to Taiwan, the move marks a departure from historic US insistence that it will not consult Beijing on its support to the island.
His trip will be closely scrutinised by Taiwan and Asian allies for any sign of weakening US support.

US President Donald Trump orders military action against Iranian boats amid escalating Strait of Hormuz crisis, tanker seizures and global trade disruptions.

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

US President Donald Trump orders military action against Iranian boats amid escalating Strait of Hormuz crisis, tanker seizures and global trade disruptions.

President Donald Trump ordered the US Navy on Thursday to destroy any Iranian boat caught laying mines in the Strait of Hormuz, putting more pressure on a fraying ceasefire as disruption from the Gulf stand-off battered the world economy.
Trump's announcement came after the US fleet boarded a vessel in the Indian Ocean that was transporting oil from Iran and after a senior Iranian official said Tehran had banked its first proceeds from the tolls it exacts on shipping through the strait.
With plans for renewed peace talks in Pakistan hanging in the balance, more fuel-hungry airlines cancelled flights, oil prices climbed higher once again and the keenly-watched S&amp;P Global PMI index showed eurozone business activity shrinking for the first time in 16 months.
"I have ordered the United States Navy to shoot and kill any boat, small boats though they may be... that is putting mines in the waters of the Strait of Hormuz," Trump posted.
Iran vowed it would keep the strait closed to all but a trickle of approved vessels for as long as the US Navy blockades its ports, brushing off demands from Trump to both reopen Hormuz and surrender its enriched uranium.
The US responded to Iran's action by imposing its own blockade of Iranian ports, and on Thursday the Pentagon announced on social media that US forces had "carried out a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel M/T Majestic X transporting oil from Iran, in the Indian Ocean".
The post included footage of US military personnel rappelling from helicopters onto the deck of a large tanker.
The statement said the US would "continue global maritime enforcement to disrupt illicit networks and interdict vessels providing material support to Iran, wherever they operate".
 - 'Not possible' -
While strikes around the region have mostly ceased since the two-week-old truce began, there has been no letup in the confrontation over Hormuz, with both sides seeking economic leverage -- only for Trump to announce an indefinite ceasefire to create space for more talks.
"A complete ceasefire only has meaning if it is not violated through a naval blockade," said Iran's parliamentary speaker Mohammad Bagher Ghalibaf, who led Tehran's delegation at a first round of talks in Pakistan.
"Reopening the Strait of Hormuz is not possible amid a blatant violation of the ceasefire."
Ghalibaf's deputy, Hamidreza Hajibabaei, said Iran received its first revenue from tolls it is imposing on ships seeking to cross Hormuz, a route that in peacetime accounts for a fifth of the world's oil and gas flows, and other vital commodities.
Analysts said Tehran, in particular its hardline leaders associated with the Islamic Revolutionary Guards Corps (IRGC), believes that Iran's blockade gives it sufficient economic leverage to force Washington to back down on its main demands in peace talks.
And some, such as Danny Citrinowicz of the Tel-Aviv Institute for National Security Studies, criticised Israel and the US for misreading the Iranian government's position.
"Tehran has consistently demonstrated a willingness to absorb economic pain while holding firm on what it views as core national interests. There is little reason to believe this time will be different," he said in a social media post.
"Rather than moving toward concession, Iran is positioning itself to escalate."
A brief from the Soufan Center think tank said Iran's hardliners "argue that a prolonged elevation of global energy prices and mounting global shortages of some goods will increasingly pressure Trump to accede to Iran's positions, end the war, and eventually withdraw US forces from the region.
"Trump and his team calculate the opposite -- that the US blockade of Iran's seaborne trade, which carries all of its oil exports, will quickly cripple Iran's economy and force Iran to accept US demands."
 - Peace talks -
On Wednesday, Trump told the New York Post that talks could resume in Pakistan within two to three days, even though Iran has not confirmed participation and Vice President JD Vance put his travel to Islamabad on hold on Tuesday.
In the Pakistani capital, blanket security remained in place for the fourth straight day in anticipation of possible talks, with transport disrupted and the city's government quarter and adjacent commercial centre all but shut down.
Iran's Revolutionary Guards on Wednesday said they forced two ships to the Iranian shore from the Strait of Hormuz.
The US military's Central Command said, prior to Thursday's announcement, that its forces blockading Iran's ports had so far "directed 31 vessels to turn around or return to port".
After agreeing the ceasefire with Iran, the United States helped broker a truce between Israel and Lebanon, including Hezbollah.
Despite the declared truce, Israeli strikes killed five more people on Wednesday, Lebanese media said.
Israel and Lebanon will hold a second round of talks in Washington on Thursday, during which Beirut will request a one-month extension of the ceasefire during the meeting, according to a Lebanese official.
Israeli attacks on Lebanon have killed more than 2,450 people since the start of the war, according to Lebanese authorities.

The US defends Donald Trump after backlash over a repost, reiterating his view of India as a great country and valued partner.

India is a great country: Trump after controversial social media repost

The US defends Donald Trump after backlash over a repost, reiterating his view of India as a great country and valued partner.

The US on Thursday sought to control the damage done by a controversial social media repost by US President Donald Trump, putting out a message that the American leader believes India is a "great" country led by a "good friend of mine".
The President has said "India is a great country with a very good friend of mine at the top", the spokesperson of the US embassy said.
The spokesperson's statement came in response to queries from the Indian media about the controversy created by Trump reposting on social media comments by radio show host Michael Savage that referred to India, China and some other countries as "hellholes".
The spokesperson did not specify where and when Trump made the remarks that India is a great country.
Savage had made the comments in the context of a case in the US supreme court challenging birthright citizenship.
When asked about about the controversy, External Affairs Ministry spokesperson Randhir Jaiswal said: "We have seen some reports. That is where I leave it."&nbsp;

Donald Trump alleged that Iran repeatedly violated the ceasefire as fresh talks in Pakistan faced uncertainty. With JD Vance set to lead a US delegation, tensions remain high amid stalled diplomacy and fears of renewed conflict.

Trump says Iran violated truce as doubt surrounds peace talks

Donald Trump alleged that Iran repeatedly violated the ceasefire as fresh talks in Pakistan faced uncertainty. With JD Vance set to lead a US delegation, tensions remain high amid stalled diplomacy and fears of renewed conflict.

US President Donald Trump on Tuesday accused Iran of having repeatedly violated a temporary truce due to expire soon, with new peace talks mired in doubt after Tehran said it had not yet sent a delegation.
The US leader also touted Washington's strong negotiating position, even as uncertainty grew over a push to stop open conflict from resuming, with the two-week ceasefire set to end by Wednesday.
"Iran has Violated the Cease Fire numerous times!" Trump said in a post on his Truth Social platform, without elaborating.
A US delegation led by Vice President JD Vance was expected to leave soon for Islamabad, which earlier this month hosted a first round of talks that ended without a deal.
Since those marathon talks Trump has announced a blockade of Iranian ports, while Tehran has closed the Strait of Hormuz again, refusing to send officials for a new round of negotiations that were initially expected on Monday.
"So far, no delegation from Iran has departed for Islamabad, Pakistan," Iranian state TV said on Tuesday, dismissing reports suggesting otherwise.
Both sides have accused the other of ceasefire breaches, with the US leader saying Iran fired on ships in the crucial trade route it has choked, and Tehran calling the US blockade and its seizure of a ship violations as well.
Despite Tehran so far shunning new talks, Trump expressed confidence he could secure an agreement that favored Washington.
"We're going to end up with a great deal. I think they have no choice... We're in a very, very strong negotiating position," Trump told broadcaster CNBC on Tuesday.
"Iran can get themselves on a very good footing if they make a deal."
Pakistan, meanwhile, continued its down-to-the wire mediation efforts to get both sides to its capital.
Foreign Minister Ishaq Dar urged the warring parties "to consider extending the ceasefire and to give dialogue and diplomacy a chance," according to a Pakistani foreign ministry statement.
Iranian officials, however, say they feel the Trump administration has not acted in good faith in negotiations and has refused to back down from what they called excessive demands.
Its parliament speaker said the country would not accept talks "under the shadow of threats" from the US leader, and would "show new cards on the battlefield" if the conflict resumed.
 - 'Bombs start' -
Residents in the Iranian capital who spoke to Paris-based AFP journalists say life has only got worse despite the truce, squeezed by the government and the war's impact.
"This cursed ceasefire has broken us. There is no light at the end of the tunnel," said Saghar, 39.
"The situation is terrible. I don't know anyone around me who is doing well."
The truce theoretically ends overnight Tuesday, though in comments to Bloomberg, Trump said the end was a day later, on Wednesday evening Washington time, and that it was "highly unlikely" he would extend it.
Trump told PBS News that Iran was "supposed to be there" at the talks in Pakistan.
He warned that if the ceasefire expired "then lots of bombs start going off."
He also said the US blockade of Iran's ports would not end until there was a deal.
The US Defense Department said Tuesday that its forces intercepted and boarded a "stateless sanctioned" vessel as part of Washington's efforts against networks that provide support to Iran.
AFP has identified the vessel as one affiliated with Iranian activity.
Experts said Iran's noncommittal public stance was part of a bid to put pressure on Washington.
"The current standoff between the United States and Iran is no longer a clash of capabilities but rather a struggle of political endurance and bargaining leverage," Daniel Byman of the Center for Strategic and International Studies wrote in a commentary.
Despite the ongoing uncertainty, oil prices fell on Tuesday while stocks rose on lingering hopes for a deal to end the conflict.
 - Tight security -
In Islamabad, heavily armed police and soldiers on Tuesday secured the city's government quarter, which was virtually shut down.
That included the Serena hotel, which hosted the last round of negotiations and where guests had been asked to vacate the premises in recent days.
The rest of the city also saw a beefed-up police presence, with offices, businesses and schools braced for shutdown orders.
In another arena in the war, Israel and Lebanon, which have no diplomatic relations, will hold fresh talks in Washington on Thursday, a State Department official told AFP.
A separate 10-day ceasefire was agreed between the two nations on Friday and included Hezbollah, whose rocket fire in support of Iran drew Lebanon into the wider Middle East conflict.
Sporadic violence has continued and Israel's military warned civilians against returning to dozens of villages in southern Lebanon, claiming Hezbollah's activities were violating the truce.
Israeli attacks on Lebanon have killed at least 2,387 people since the start of the war, a Lebanese government body said in its latest toll.

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Lionel Messi's country experienced an annual inflation rate of 109% in April.

This country has launched new 2,000 peso note amid out-of-control inflation

Lionel Messi's country experienced an annual inflation rate of 109% in April.

While India's ₹2,000 note has been withdrawn, Argentina has introduced a new 2,000-peso note.
The South American country has put the new bill into circulation while it battles extremely high inflation. However, the new 2,000-peso note is worth only around 8 US dollars, as per reports.
Earlier, the highest currency bill in Argentina was 1,000 pesos.
Football legend Lionel Messi's country of birth experienced an annual inflation rate of 109% in April.
&nbsp;

Editorji Technologies has launched Hook Global, a digital-first international news brand delivering concise, context-rich coverage of geopolitics, business, technology, world affairs, and global developments through original video journalism.

Editorji Launches Hook Global, Its International Digital News Brand

Editorji Technologies has launched Hook Global, a digital-first international news brand delivering concise, context-rich coverage of geopolitics, business, technology, world affairs, and global developments through original video journalism.

Editorji Technologies Private Limited has officially launched Hook Global, a digital-first international news brand focused on making geopolitics, world affairs, business, technology, and global developments more accessible for digital audiences.
Hook Global has been created to serve a global audience with concise, context-rich journalism across major digital platforms, including YouTube and Instagram. The platform combines live news coverage, explainers, interviews, and original reporting to help viewers better understand the stories shaping the world.
Built with a digital-first approach, Hook Global focuses on producing content designed for today's online audience while maintaining high editorial standards and factual reporting.
"Hook Global represents the next phase of our global digital news strategy. As audiences increasingly consume news on digital platforms, our goal is to build a trusted international news brand that delivers reliable journalism in formats people prefer," a spokesperson for Editorji Technologies Private Limited said. Since its launch, Hook Global has attracted millions of viewers worldwide and continues to expand its international presence through original video journalism and live news programming.
Hook Global operates as an editorial brand under Editorji Technologies Private Limited and is managed by the company's editorial and digital publishing teams. Official Platforms
* YouTube: https://www.youtube.com/@HookGlobal * Instagram: https://www.instagram.com/hookglobal
About Editorji Technologies Private Limited
Editorji Technologies Private Limited is a digital media company focused on building innovative news and information products for digital audiences. Through its portfolio of brands, the company delivers news, analysis, and original content across multiple platforms, serving audiences in India and around the world. Editor's Note: Hook Global is an editorial brand owned and operated by Editorji Technologies Private Limited. All official social media accounts, including @hookglobal, are managed by Editorji Technologies Private Limited.

British Prime Minister Keir Starmer has announced his resignation following mounting pressure within the Labour Party. Former Manchester mayor Andy Burnham has emerged as the leading contender to replace him and become the UK's next prime minister.

Starmer resigns as UK PM, Burnham favourite to take over

British Prime Minister Keir Starmer has announced his resignation following mounting pressure within the Labour Party. Former Manchester mayor Andy Burnham has emerged as the leading contender to replace him and become the UK's next prime minister.

UK leader Keir Starmer announced he was quitting Monday following months of pressure, with veteran Labour politician Andy Burnham the frontrunner to become the country's seventh prime minister in a decade.
Burnham could be installed in 10 Downing Street in just over three weeks after would-be rival Wes Streeting said he was backing the ex-Manchester mayor for the premiership.
Starmer's voice cracked during an emotional speech outside his official residence, as he conceded he had lost the support of his Labour party MPs after just two years in office.
He said he had informed head of state King Charles III of his decision to resign so that a new Labour leader, and therefore prime minister, could be elected.
"I will remain in post as prime minister until the contest is complete, and I will do everything I can to ensure an orderly handover of power," Starmer said, choking back tears when he thanked his wife Victoria and two children.
Starmer said he had asked Labour's National Executive Committee to set out a timetable for his replacement, with nominations due to open on July 9 before closing on July 16.
If Burnham is unchallenged, then he is likely to become prime minister on either July 17 or 18, UK media said, just days before a crunch summit UK-European Union summit in Brussels on July 22.
Starmer -- well-respected abroad for his involvement in supporting Ukraine, NATO, opposing the United States on Iran and pushing closer ties with Brussels -- returned Labour to power after 14 years in opposition with a landslide general election victory over the Conservatives in July 2024.
But his premiership quickly became characterised by domestic policy U-turns, deep public unpopularity, ministerial resignations and a scandal over his ill-fated decision to appoint a known associate of late US sex offender Jeffrey Epstein as the UK's ambassador to Washington.
His domestic authority all-but evaporated after Labour endured a drubbing in local and regional elections in May, with clamour growing for Burnham to replace him.
 - 'Country I love' -
Labour lawmakers ultimately decided Starmer is incapable of fighting off the rise of the hard-right anti-immigration Reform UK party, which leads national opinion polls.
He had vowed to fight any leadership challenge, but several senior ministers reportedly told him the game was up after Burnham won a parliamentary by-election last week, allowing him to run for leader.
Burnham, a former Labour minister under Tony Blair and Gordon Brown who has been mayor of Greater Manchester since 2017, travelled to London by train Monday -- a journey tracked by TV cameras in helicopters.
Burnham, who has twice failed to become Labour leader previously, then took up his seat in the House of Commons, ditching his trademark black t-shirt for a suit and tie.
During his resignation speechr, Starmer said he accepted "with good grace" the view of Labour lawmakers that he should not lead them into the next general election, expected in 2029.
"Every decision I have taken has been about putting the country I love first. That is why I will resign as leader of the Labour Party," he added, as senior ministerial colleagues looked on.
 - 'Forces of nationalism' -
Starmer hugged his wife after finishing his speech, which a prominent anti-Brexit campaigner tried to drown out by playing the European Union anthem "Ode to Joy" from a nearby street.
Energy minister Ed Miliband praised Starmer's "great dignity", while EU chief Ursula von der Leyen said he had made European and Ukrainian security "stronger".
Burnham called for "orderly and responsible" transition, writing on X: "I will put myself forward as part of this process."
Quickly afterwards, former health secretary Streeting, who previously said he would join a leadership race, instead suggested Burnham could become leader without any formal contest.
Streeting said he had spoken to Burnham in recent days and was convinced he "can win the fight of our lives against the forces of nationalism".
Burnham would likely face questions about the extent of his mandate, with Reform leader Nigel Farage swiftly calling for a snap general election.
Burnham, from the so-called soft-left wing of Labour, defied national trends by easily beating the hard-right, populist Reform UK party's candidate in Makerfield.
But he has provided little detail about his plans for government if he wins power, causing concern among some MPs.
UK media say he intends to replace finance minister Rachel Reeves, while retaining interior minister Shabana Mahmood.
Starmer had promised stability and economic growth after the Conservatives churned through five prime ministers following the 2016 Brexit referendum, with its tenth anniversary falling on Tuesday.
"I still don't have much confidence in the government, so fingers crossed he (Burnham) gets it right," 27-year-old store worker Lauren Kenworthy told AFP in Manchester.

Prime Minister Narendra Modi and US President Donald Trump met briefly on the sidelines of the G7 Summit in Evian-les-Bains, marking their first in-person interaction in nearly 18 months.

G7 summit: PM Modi holds brief conversation with US President Trump

Prime Minister Narendra Modi and US President Donald Trump met briefly on the sidelines of the G7 Summit in Evian-les-Bains, marking their first in-person interaction in nearly 18 months.

Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation on Tuesday at a gathering of G7 leaders, marking their first in-person encounter in 16 months amid continuing strain in bilateral ties.
In Evian-les-Bains, the site of this year's G7 summit of the powerful grouping, Modi and Trump shared a warm handshake followed by a short conversation.
A full bilateral sit-down is slated for Wednesday on the sidelines of the gathering.
While details of their brief exchange were not known, the encounter sets the stage for their high-stakes talks.
Following US Secretary of State Marco Rubio's visit to India last month, the two sides are now looking at rebuilding the bilateral ties.
The relations witnessed a major downturn after Washington imposed punitive tariffs on India and President Trump made controversial assertions regarding his role in de-escalating the India-Pakistan military clashes last May.
Over the next few months, the US president repeatedly and publicly claimed that he had resolved the military conflict between the two neighbours and saved millions of lives as it was heading toward a full-scale war.
New Delhi stoutly maintained that the cessation of the hostilities was a result of talks between India and Pakistan, and the US involvement had nothing to do with it.
Washington's new immigration policy and its decision to increase the H1B visa fee also contributed to the slide in India-US ties.
However, both sides made efforts in the last few months to repair the ties and even moved forward to firm up a mutually beneficial trade deal soon.
Last week, the relations came under fresh strain after three Indian sailors were killed following the US military's attacks on three merchant vessels off the coast of Oman.
Three Indians from one of the vessels were killed in the strikes following which New Delhi summoned the US charge d'affaires Jason Meeks and told him that the American military's "lethal and deadly" strikes on commercial vessels with Indian crew members is "unacceptable".
External Affairs Minister S Jaishankar also raised the issue with Rubio.
The US Central Command said it initiated action to disable three vessels, Marivex on June 8, Settebello on June 9 and MT Jalveer on June 11, saying they were trying to violate the US blockade of Iranian ports.
The Modi-Trump encounter was their first since the prime minister travelled to Washington DC in February last year to meet the US President.
In their meeting on Wednesday, the two leaders are expected to take stock of the entire gamut of bilateral ties, including the ongoing negotiations for the bilateral trade deal and steps being taken to boost defence cooperation.
The trade pact is expected to be an important step towards a comprehensive bilateral trade agreement, as envisaged during PM Modi's visit to Washington DC in February last year.
Modi and Trump may also exchange views on pressing global challenges, including the West Asia crisis and the Russia-Ukraine conflict.
Rubio, during his meeting with the prime minister last month, had invited him on behalf of Trump to visit the White House in the "near future".
The top American diplomat described India as the "cornerstone" of Washington's approach towards the Indo-Pacific.
Modi has travelled to France for the G7 summit as India was invited as a guest country to the summit.
The Group of 7 (G7) brings together seven of the world's most advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The European Union is also a member of the bloc.
The G7 serves as the forum of choice for its members to discuss and coordinate action in response to major economic, financial and geopolitical challenges on the global stage.

US President Donald Trump arrived at the G7 summit in France after announcing an agreement aimed at ending the US-Iran conflict and reopening the Strait of Hormuz. The deal is expected to dominate discussions with world leaders.

Trump arrives at G7 summit looking for momentum after announcing a deal to end Iran war

US President Donald Trump arrived at the G7 summit in France after announcing an agreement aimed at ending the US-Iran conflict and reopening the Strait of Hormuz. The deal is expected to dominate discussions with world leaders.

President Donald Trump arrived in the French Alps on Monday to meet with fellow world leaders at the Group of Seven summit after announcing an agreement he says will bring an end to the US war with Iran.
Trump and Iranian officials had been saying for days they were making progress toward reaching a deal, but even on Sunday, things appeared to be on shaky ground after a new round of strikes between Israel and Iran-backed Hezbollah militants in Lebanon.
With the agreement, the Republican US president arrived in Evian-les-Bains on Monday with the wind at his back for talks with G7 leaders, including some who've been sharply critical of his managing of the 15-week-old conflict, which has led to a surge in global energy prices.
Polls show American voters largely disapprove of the conflict, which has made some Republicans nervous about the political impacts it could have on November's midterm election.
&ldquo;Ships of the World, start your engines," Trump said in a social media post celebrating the deal that he said would lead to the US ending its blockade of the Strait of Hormuz, through which about 20 per cent of the world's crude had flowed before the conflict.
&ldquo;Let the oil flow!&rdquo;
Iranian Deputy Foreign Minister Kazem Gharibabadi, however, said the Iranian closure of the strait would continue until the agreement is signed.
Neither the White House nor Iran published the final agreement or revealed many details.
Pakistani Prime Minister Shehbaz Sharif, whose country served as a mediator in the negotiations, said there would be &ldquo;pre-implementation discussions&rdquo; this week to lay the ground for 60 days of technical talks on Iran's nuclear program.
Vice President JD Vance told CNBC on Monday that the White House hopes to release the text of the agreement in the coming days.
Deal could change G7 dynamic
Sealing an agreement before jetting off to the summit could change the dynamic of the gathering for Trump.
He's had friction with French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni over failing to consult them before the decision to go to war.
Meanwhile, Trump has pushed back on the four European leaders &mdash; members of the NATO military alliance &mdash; for their lack of support for the US in the conflict.
Trump is expected to discuss with leaders the demining of the Strait of Hormuz, the White House says.
Britain and France have expressed interest in assisting with the demining once the conflict is paused.
Fear of potential mines is among the reasons tanker traffic has come to a halt during the war, and quickly clearing them will be crucial to regaining the confidence of commercial vessels.
Macron on Monday said France was ready to move &ldquo;very quickly&rdquo; to deploy assets, including mine-clearing vessels, to the region to help.
He added that a French aircraft carrier and an accompanying strike group are already in the region and would be ready to assist within days of the US and Iran signing the agreement.
Macron, the summit's host, invited the leaders of three nations that aren't part of the G7 &mdash; Egypt, Qatar and the United Arab Emirates &mdash; to take part in a session on the Middle East on Tuesday, when Iran is expected to be a central focus.
The leaders of the UK, France, Germany, Italy and Canada issued a joint statement welcoming the agreement as a &ldquo;moment of opportunity to restore regional stability and stabilize the global economy.&rdquo;
In a separate development, Trump, ahead of departing for the summit, told the New York Post he's warned Macron the US will &ldquo;have no choice&rdquo; but to slap 100 per cent tariffs on French wines unless Paris eliminates its digital tax on American tech companies, renewing a long-running threat from him that dates to his first administration.
Wines and spirits exported to the US from the European Union currently face a 15 per cent tariff.
In an interview with broadcaster TF1, Macron said Monday that it's not &ldquo;for the United States to decide what European or French law should be.&rdquo;
Trump is scheduled to meet with Macron later Monday.
Following their meeting, Macron and Trump will join the other leaders for a working dinner.
Trump faces questions about financial incentives for Tehran
Trump had fiercely criticized President Barack Obama for the 2015 nuclear agreement, which Trump argued failed to stop Tehran from advancing toward a weapon and funneled billions of dollars into the Islamic Republic's coffers.
In 2018, Trump exited the deal, known as the Joint Comprehensive Plan of Action.
Britain, China, France, Germany, Russia and the European Union were also signatories to the pact.
Trump in an interview on Sunday with The New York Times pushed back on comparisons to the Obama-era nuclear deal.
&ldquo;We negotiated from strength,&rdquo; Trump said. &ldquo;He was basically paying them off.&rdquo;
But Trump hasn't detailed how his agreement will address some key issues about Iran's nuclear program, including who will be in charge of verifying that Iran is complying with the agreement and who will destroy or remove 972 pounds (441 kilograms) of highly enriched uranium believed to be buried under nuclear sites that were badly damaged by US strikes last summer.
The deal is also expected to include some sanctions relief and economic incentives for Tehran as it meets certain benchmarks aimed at assuaging White House concerns, senior administration officials said ahead of the two sides reaching an agreement.
Some Democrats and hawkish critics say Trump has failed to explain how the financial relief in his agreement will differ from what Obama did in the 2015 nuclear deal.
&ldquo;For all his critique of JCPOA, we had international observers, we actually had an alliance there that included the Europeans, and Russia and China were all signatories,&rdquo; Sen. Mark Warner, the top Democrat on the Senate Intelligence Committee, told CBS' &ldquo;Face the Nation&rdquo; on Sunday.
&ldquo;Now it is America going alone or going with Israel only, and that does not make us safer.&rdquo;
Republican Sen Lindsey Graham, a close ally of Trump and an Iran hawk, expressed skepticism, saying that Congress will need to review and vote on any nuclear deal with Iran, and said he expects Vance &mdash; &ldquo;the architect of the deal&rdquo; &mdash; to present it.
&ldquo;I am somewhat concerned that Iran's view of the agreement seems different than what the American negotiating team is claiming,&rdquo; Graham said on social media.

Prime Minister Narendra Modi and Slovak Prime Minister Robert Fico elevated India-Slovakia relations to a Comprehensive Partnership and signed 11 agreements covering defence, labour migration, digital technology, education and quantum communication.

India, Slovakia upgrade ties to comprehensive partnership; ink 11 pacts

Prime Minister Narendra Modi and Slovak Prime Minister Robert Fico elevated India-Slovakia relations to a Comprehensive Partnership and signed 11 agreements covering defence, labour migration, digital technology, education and quantum communication.

India and Slovakia on Monday elevated their ties to a comprehensive partnership and firmed up 11 agreements to expand the bilateral cooperation in a range of areas such as migration, digital technology and defence following talks between Prime Minister Narendra Modi and his Slovak counterpart Robert Fico.
The two leaders also agreed to work towards the "earliest" implementation of the India-European Union free trade agreement that is expected to significantly shore up the bilateral economic engagement.
Modi is in Bratislava as part of his weeklong visit to Europe. It is the first visit to the European nation by an Indian prime minister.
"We have decided to elevate our relations to the status of a Comprehensive Partnership. This symbolises our shared beliefs, shared priorities, and shared future," he said in his media statement.
The comprehensive partnership aims to take bilateral relations to a new level, strengthen existing cooperation mechanisms and explore new avenues for deepening cooperation, both bilaterally and multilaterally.
The prime minister said he and Fico discussed ways to give a "new direction" to the ties.
Modi and Fico also agreed to enhance cooperation in the energy sector with a view to promoting energy security, sustainability and resilience through diversification of energy sources, including nuclear energy and geothermal power.
"Our potential is vast. Our aspirations are even greater. Automobile, railways, advanced manufacturing, and green technologies are areas of particular interest to us," he said.
"Today, we combined our strengths on all these issues and took several important decisions for the benefit of the people of both countries."
Modi also said that the defence cooperation between India and Slovakia is a testament to the "deep mutual trust and strategic convergence" between the two sides.
A Letter of Intent was finalised on defence cooperation following the talks between the two leaders.
The prime minister said it will give new momentum for cooperation between defence industries of the two sides.
"India and Slovakia are also moving forward with close coordination on the global stage. We agree that all disputes and tensions should be resolved peacefully," he said.
"We also agree that global institutions need to redefine themselves to address the realities and challenges of the 21st century. We will work to strengthen global efforts in this regard," he added.
Modi also conveyed his appreciation to PM Fico for the cooperation Slovakia extended in finalising the India-EU free trade agreement.
"We will work towards its earliest implementation so that industries, startups, and traders of both countries can derive maximum benefit from it," he said.
In his remarks, PM Fico hailed the India-EU FTA, describing it as one of the "most ambitious" trade pacts ever signed.
"Slovakia not only welcomes this agreement, but it will take the necessary and practical steps for the implementation of this agreement," he said.
The agreements inked following Modi-Fico talks are set to provide for deeper bilateral cooperation in areas of labour migration, defence, digital technologies, higher education and quantum communication.
In the meeting, the two leaders, recognising the growing geopolitical, economic and technological importance of the Indo-Pacific, acknowledged the value of a stronger partnership between India and Slovakia in support of mutually beneficial cooperation, regional connectivity, open international trade, freedom of navigation, peaceful resolution of disputes, according to a joint statement.
Modi and Fico expressed support for the orderly, safe and legal mobility of skilled professionals and welcomed the signing of the Memorandum of Understanding on cooperation in the field of labour migration to facilitate mobility.
The two sides also agreed to work towards the early conclusion of a Social Security Agreement, which would contribute to safeguarding the welfare and social protection of working professionals engaged in mobility between India and Slovakia.

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