Get the latest updates from the G7 Leaders' Summit in Evian, France.
President Trump and French President Emmanuel Macron are scheduled to meet Monday at the G7 summit in France. The meeting comes after the Trump administration on Sunday reached a preliminary deal with Iran that it said would open the Strait of Hormuz. Trump is also threatening France with 100 percent tariffs on all wine and…
Secretary of State Marco Rubio and Defense Secretary Pete Hegseth's jobs may be at stake if they continue to oppose President Donald Trump's Iran deal, a senior White House official warned.The threat emerged in a report published Sunday by the right-leaning Israeli daily Israel Hayom, which detailed a bitter internal White House battle over the emerging memorandum of understanding with Tehran."The debate has been settled. Those who oppose it may pay a personal price," a senior US official told the outlet.According to the report, Vice President JD Vance, envoy Steve Witkoff, and Trump envoy Jared Kushner have driven the push for a deal, arguing the Iranian regime is unlikely to collapse soon and that Gulf states — particularly Qatar — have pressed hard for an agreement.Rubio and Hegseth argued the opposite: that Iran is buckling under economic pressure and Washington should tighten the screws, not ease them. The two men had been the public faces of that harder line — touting "Project Freedom," a plan to reopen the Strait of Hormuz by force, only for Trump to shelve it hours after they publicly praised it.Trump has since sided firmly with the deal camp. Treasury Secretary Scott Bessent reportedly warned that lifting sanctions would be nearly impossible to reverse, but the Israel Hayom report said his objections changed the terms only slightly."This is an American game being managed with utter foolishness…Trump is acting badly and against the American interest, not only the Israeli one," Oded Ailam, a former senior Mossad official, told Israel Hayom.Sanctions on Iranian oil sales are expected to be lifted — at least in part — after the Strait of Hormuz fully reopens, according to the report.
Economist Justin Wolfers delivered a searing shock to the hosts of MS NOW’s “The Weekend” on Saturday. And his news carried an unnerving warning to the state of the nation’s vulnerable democracy.Government statistics released this week show the annual inflation rate hit 4.2 percent in May — the highest in three years — while the latest YouGov poll shows almost 60 percent of Americans say the economy is getting worse. But this isn’t the extent of the pain the vast majority of the nation is suffering. While it is aching, it is losing power too.Newly minted trillionaire Elon Musk invested more money than most Americans even dream of in President Donald Trump’s re-election effort. But his new trillionaire status means his investment was even more effortless than before.“I'm not going to start with Musk being worth a trillion. I'm going to go back to 2024, when he invested $250 million in the American election,” said Wolfers, professor of economics and public policy at the Gerald R. Ford School of Public Policy at the University of Michigan. “That was almost certainly enough to win Donald Trump the election. Trump winning margin across the three swing states was only 230,000 votes, so you needed to switch 115,000 voters. … Even if he was so inefficient, it cost $1,000 per vote switch, Musk's money won the election for Donald Trump.”But that was just the start of it, assured Wolfers.“That’s Scary Fact No. 1: we've already got an oligarch who put a billionaire in charge of our country. Let me blow you away with Scary Fact No. 2,” Wolfers went on. “This is where you need to understand the difference between $1 trillion — that’s what the bloke’s got — and $250 million, which is what he spent.”“That’s not 1 percent of his wealth,” continued Wolfers. “It's not 0.1 percent of his wealth. It's 0.025 percent of his wealth. Musk bought one American election, and has enough money left over to buy another 3,999 elections.”Wolfers did not even touch upon the “politics of resentment” beginning to seize Americans watching Musk expand his trillions while they struggle to pay for gas and beans.“We don't need to [do that],” said Wolfers. “What we really need to do is talk about protecting democracy in an age of this sort of concentration of wealth.”“Well, Justin, you just made me very angry talking about that,” admitted Weekend co-host Eugene Daniels, who was already pulling up stats from Inequality.org and the Federal Reserve revealing the top 1 percent of U.S. income brackets owns 31 percent of the wealth share while the bottom 90 percent have 32.6 percent of the wealth share.” - YouTube youtu.be
Trump will touch down in France for the G7 meeting with allies who are at odds with him over a pair of wars.
The president has pressed hard for a win, but many thorny issues remain
AI forces religious leaders to reckon with the difference between ‘new’ and ‘novel’ technology.
As President Trump travels to France for the Group of Seven (G7) summit, the globe is parsing the preliminary deal between the U.S. and Iran, announced Sunday. It would open the Strait of Hormuz on Friday, after it is signed in Geneva, but it pushes thornier issues, like Iran’s nuclear capabilities, into 60 days of…
President Trump will depart the nation's capital Sunday night for the G7 Summit in France. Nancy Cordes reports on what's ahead.