US Complete New Iran Strikes, Knicks Historic Win
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The US says it has carried out multiple strikes on targets in Iran after President Donald Trump accused Tehran of dragging out talks on an interim peace deal. The attacks come just 24 hours after earlier US strikes launched in retaliation for the downing of an American Apache helicopter. In an interview with Fox News, Trump said he had spoken directly with senior Iranian officials and warned that the US 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 Tasnim 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 continued.
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 deeper integration, its output gap with the US could double by 2040 to 7 trillion euros. Former EU Commissioner Margareta Wester 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.
Margrethe 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 roughly double its expected growth rate to 2% and also keep pace with the US, potentially even closing the gap over time.
Right. Staying in Europe, the European Central Bank is expected to raise interest rates for the first time since 2023. 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 when policymakers meet later today. That decision would make the ECB the world's first major central bank to lift interest rates in response to the crisis in the Middle East, and expectations are building that Eurozone officials will have to tighten more than once this year. The ECB announcement takes place at 1.15pm London time today.
What recent military actions has the US taken against Iran?
Protesters have clashed with police in Belfast overnight as UK politicians blame extremists online and Elon Musk for promoting unrest. Northern Ireland's First Minister, Michelle O'Neill, says that 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're set cosy in their homes and encourage all these other people to go out onto the streets.
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