Stocks Recover After Strikes, Knicks Buzzer Beater, More
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The US says that it has carried out multiple strikes on targets in Iran after President Trump accused Tehran of dragging out talks on an interim peace deal. The attacks come just 24 hours after earlier US strikes, which were launched in retaliation for the downing of an American Apache helicopter. In an interview with Fox News, Trump said that he had spoken directly to senior Iranian officials and warned that the U.S. would carry out further strikes on Thursday unless Iran's leadership agreed to sign a deal. William Roebuck is executive vice president of the Arab Gulf States Institute.
He wants a deal that's better than what President Obama got or what Biden looked at. He thinks the JCPOA was a bad deal and he's gone to war over it.
Former U.S. Ambassador to Bahrain William Roebuck there. Before the latest strikes, Iran's semi-official Taslim news agency reported that the country's armed forces were fully prepared for fresh attacks and capable of targeting additional American assets. Meanwhile, with the Strait of Hormuz still largely closed, new data shows U.S. crude inventories fell by 7.2 million barrels last week as the drawdown in global oil reserves continues.
A new analysis from Bloomberg Economics shows the risk of Europe falling further behind the US if the EU doesn't enact major reforms. They estimate that if Europe does not follow Mario Draghi's recommendations to increase investment and deepen integration, the output gap with the US could double by 2040 to 7 trillion euros. Former EU Commissioner Margareta Vestager has told Bloomberg Radio it's time for Europe to take a leap of faith.
Europe is the best place to live ever in history. And as I usually say, especially if you're a woman, but that is not good enough because a lot of people feel that their future is not secured. Their children cannot get their own place to live and so on and so forth. So I think it's really important for Europe to realize this is not a race to be more Chinese or more American. This is a race for Europe to be a much better version of herself. And being that, also being more competitive, more focused.
Margaret Vestager was Executive Vice President of the European Commission until 2024. The Bloomberg Economics analysis shows that if the EU does adopt the changes that Draghi outlines, it could double its expected growth rate to 2% and keep pace with the US, potentially even closing the gap over time.
Well, the European Central Bank is expected to raise interest rates for the first time since 2023 today, with more than three months of conflict in the Middle East keeping oil prices elevated. Economists in a Bloomberg poll are predicting a quarter point hike to 2.25% when policy meters...
What recent developments have occurred in US-Iran relations?
makers meet today that decision would make the ecb the world's first major central bank to lift interest rates in response to the crisis and expectations are building that the eurozone and its officials will have to tighten more than once this year now the ecb announcement takes place at 1 15 p.m london time today
Protesters have clashed with police in Belfast overnight as politicians blame extremists online and Elon Musk for promoting unrest. Northern Ireland's First Minister Michelle O'Neill says some are encouraging hatred.
These bad actors are actually using what's happened on Monday night and playing to people's fears and orchestrating this whilst they sit cosy in their homes and encourage all these other people to go out onto the streets.
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