Author: LoveWorld UK

IRAN AGREES TO NO NUCLEAR WEAPONS – The agreement under discussion involves a $300 billion reconstruction fund  U.S. President Donald Trump said Iran had agreed “to never have a Nuclear Weapon!” in a Truth Social post on Tuesday, dismissing reports that the United States was paying Iran $300 million as fake news. The agreement under discussion involves a $300 billion reconstruction fund—not $300 million—to be paid for by neighbouring Gulf states that host U.S. military bases, though details remain unclear. Trump said “the deal’s all signed” after arriving in France for the G7 summit, and said Vice President JD Vance…

MACRON AND MODI INAUGURATE BHARAT INNOVATES 26 – It is billed as the largest Indian deep technology event held outside India French President Emmanuel Macron and Indian Prime Minister Narendra Modi met in Nice yesterday to inaugurate “Bharat Innovates 26”, billed as the largest Indian deep technology event held outside India. In a speech, Macron praised India’s innovation capacity, pointing to its population and investment in education. “You have the demographic dividend,” he said, noting India produces more than a million engineers each year and stands “at the forefront of international innovation”. Modi said cooperation between India and France was…

CRUDE FUTURES PLUNGE – The plunge follows the U.S-Iran peace deal and reopening of the Strait of Hormuz Crude futures fell sharply following the announcement that the United States and Iran have reached a peace deal that provides for an immediate and permanent ceasefire as well as the reopening of the Strait of Hormuz. As of about 18:00 Eastern Time, the West Texas Intermediate for July delivery had dropped by around 4 percent to settle at roughly 81 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery had decreased by about 4 percent, to settle…

UK FORCES SEIZE RUSSIAN OIL TANKER – Royal Marines board suspected sanctions-busting vessel in English Channel  The commanding officer of the Royal Marines unit that seized a Russian-linked oil tanker says attempts to evade sanctions and fund the war in Ukraine will be met with decisive action. British forces boarded the tanker Smyrtos in the English Channel during a major overnight operation involving Royal Marine Commandos, National Crime Agency officers, helicopters and Royal Navy warships. The vessel is now being held off the south coast of England while investigations continue. Military officials say the six-hour operation resulted in 25 crew…

AUSTRALIA WELCOMES US-IRAN PEACE DEAL – Albanese says peace deal is in the interest of the entire world  Australia welcomes the U.S.-Iran deal toward ending hostilities but warns that it will take many months for things to “return to normal”, the Prime Minister said on Monday.  Australian Prime Minister Anthony Albanese said the peace deal was “in the interest of the entire world.” U.S. and Iranian officials said on Sunday they have agreed on a peace framework for a deal to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, possibly leading to lower…

US, IRAN CONFIRM AGREEMENT ON PEACE DEAL – A peace deal to cease hostilities and reopen the Strait of Hormuz The United States and Iran have confirmed the agreement of a peace deal to cease hostilities and reopen the Strait of Hormuz.  U.S. President Donald Trump said on Sunday that the U.S.-Iran peace deal “is now complete” and that the Strait of Hormuz will reopen upon the signing of the deal on Friday.  “The Deal with the Islamic Republic of Iran is now complete,” Trump wrote on his Truth Social. “I hereby fully authorize the toll free opening of the…

JAPAN URGES IRAN TO BE FLEXIBLE ON DEAL – Japan’s Sanae Takaichi told the Iranian president to show maximum flexibility on US deal, Iran should demonstrate “maximum flexibility” to seize the opportunity to reach a ceasefire agreement with the U.S., Japan’s Prime Minister Sanae Takaichi told Iranian President Masoud Pezeshkian in a Monday phone call, Takaichi said. Takaichi, speaking to reporters after the call, said she also strongly demanded that the Strait of Hormuz be reopened soon to secure free and safe navigation for ships from Asia and all other nations. Takaichi did not elaborate on Pezeshkian’s response, but she…

PUTIN PROMISES RETALIATION OVER LUHANSK – Drone strike on Russian-held Starobilsk kills 21 people in overnight incident  Russian President Vladimir Putin said on Monday that Ukraine had “opened a new page in a series of crimes” with its strikes on a dormitory in northeastern Luhansk region and on an apartment building in a Russian-held part of Ukraine’s Kherson region. “Consciously committing the most serious crimes against children and teenagers at the teachers’ college in Starobilsk, and now in Henichesk, the Kyiv leadership has decided to open a new page in the series of their crimes,” Russian news agencies quoted Putin…

SOUTH KOREA FINES COUPANG – The $409 million fine is the country’s largest data breach penalty South Korea’s privacy regulator said today that the country will fine e-commerce giant Coupang 625 billion won over a massive leak of customer information last year and illegal collection of personal information, in the country’s largest data breach penalty on a company.  The Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers and failed to detect the breach within the 72 hours required by the law. “This accident occurred due to Coupang’s lack of…

TRUMP DEFENDS INFLATION AMID IRAN WAR – U.S President says oil prices will fall once conflict ends despite inflation concerns  President Donald Trump has defended rising inflation in the United States, insisting higher prices are linked to the ongoing conflict with Iran and predicting costs will fall once the war comes to an end. Speaking to reporters on Wednesday, Trump responded to new figures showing consumer inflation rose at its fastest pace in three years during May. Asked whether rising prices could hurt Republican prospects ahead of November’s midterm elections, the president said he was confident the situation would improve.…