Japan’s Katayama Talks FX With Bessent, Set for Bold Action
Source: Bloomberg Politics · Bias: Center
Summary
Japan’s Finance Minister Satsuki Katayama said that she had close discussions on foreign exchange issues with US Treasury Secretary Scott Bessent Wednesday and that authorities are prepared for “bold” action if needed.
Japan’s Katayama Talks FX With Bessent, Set for Bold Action
Center
Japan’s Finance Minister Satsuki Katayama said that she had close discussions on foreign exchange issues with US Treasury Secretary Scott Bessent Wednesday and that authorities are prepared for “bold” action if needed.
Republicans are criticizing New York City Mayor Zohran Mamdani (D) after he suggested residents set their thermostats to 78 degrees to help conserve energy in the city as it braces for triple-digit temperatures this weekend. “New York: it’s hot out there, and the power grid is working overtime to keep us cool. Set your AC…
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about Trump accounts, which officially launch on Saturday, as well as when gas prices could lower to pre-Iran war levels and wage growth for Americans.
Trump administration officials reportedly believed that the Israeli government intended to assassinate Iran’s top negotiators—including the country’s foreign minister—during peace talks with the US in an effort to sabotage diplomatic progress.The New York Times reported Thursday that “American concerns about the targeting of two particular Iranian officials—Abbas Araghchi, Iran’s foreign minister, and Mohammad Bagher Ghalibaf, the speaker of the Parliament—spiked during delicate ceasefire negotiations that began in April.” In response, the US “went so far as to ask other countries in the region to warn Iran about the possibility Israel could target the two officials,” according to the Times, which cited unnamed current and former American officials.The US and Israel have killed dozens of top Iranian officials since launching their illegal joint war in late February. But the allied countries reportedly removed Araghchi and Ghalibaf from their target list in late March, opening the possibility of high-level negotiations to end the war.But Israel remained bent on targeting the negotiators, according to the Times, whose reporting was later corroborated by The Washington Post.The Times detailed one dramatic incident in April, when Ghalibaf was planning to travel to Pakistan’s capital to meet with US Vice President JD Vance:Pakistani fighter jets escorted the Iranian airplanes carrying a delegation of more than 70 Iranians from the border of Iran to Islamabad and back again when the session was over.But on the way back to Tehran, an Israeli security threat emerged.Iran’s security forces notified the plane carrying Mr. Ghalibaf back to Tehran that they had picked up intelligence that Israel planned to attack the plane and that two Israeli fighter jets had entered Iran’s airspace from its western border near Iraq, the two officials said.Mahdi Mohammadi, a senior adviser for Mr. Ghalibaf, who accompanied him to Islamabad, confirmed this account on his social media page. The plane made an emergency landing in the city of Mashhad, Iran’s closest airport to the Pakistani border, and the Iranian delegation traveled some eight hours by land back to Tehran, Mr. Mohammadi and the two officials said.The Post reported that “cracks emerged” between the US and Israeli approaches to the war following Israel’s assassination of top Iranian national security official Ali Larijani in March.“They’ve wiped out everybody,” Trump told reporters in late March, suggesting Israel’s assassination campaign was making it difficult to find potential negotiating partners.Trita Parsi, executive vice president of the Quincy Institute for Responsible Statecraft, wrote in response to the new reporting that “Israel is a state that, on paper, is a US partner, but in reality is so extreme in its obsession to undermine US diplomacy that it even tries to assassinate those the US engages with in crucial negotiations.”“I can’t recall a government as terrified of peace as the one running Israel,” Parsi added.At present, the Israeli government—led by Prime Minister Benjamin Netanyahu—is endangering tenuous US-Iran peace talks with its continued occupation of and assault on Lebanon, which Iran has highlighted as a key factor in the negotiations.Visiting occupied southern Lebanon earlier this week, Netanyahu declared to Israeli troops that “our insistence is that we will not leave... until the threat is removed.”Parsi wrote earlier this week that “beyond his long-standing desire to use American force to subjugate Iran to Israeli domination and achieve a regional balance favorable to Israel,” Netanyahu “now also has stark political and personal reasons to restart the war” with Iran.“The [US and Iran’s memorandum of understanding] has come at a steep political cost for Netanyahu,” wrote Parsi. “His prospects for reelection in October are weaker than they have been in months. Once seen as the Israeli leader uniquely capable of delivering President Trump, he now confronts the prospect that both the war and the ensuing diplomacy will leave Israel in a strategically weaker position—undermining the very case he has made for his leadership.”“And of course,” Parsi added, “if he loses the elections, he will likely spend the next few years in jail, as he will lose his immunity as prime minister and face trial over corruption charges.”The story was published in partnership with Common Dreams, read the original here.
NATO members are struggling to coalesce around a joint statement for their summit next week due to disagreements over projects to extend the alliance’s fuel pipelines to eastern Europe and the duration of financial support for Ukraine.
Former special counsel Jack Smith outlined his fears and beliefs about the direction of the country in a far-reaching interview with MS NOW's Nicolle Wallace, exclusively aired Thursday on "Deadline: White House."Smith, who prosecuted the two federal cases against President Donald Trump, told Wallace that it is important this 4th of July "to celebrate the public servants ... the people I spent my career working shoulder to shoulder with.""I loved being a prosecutor, and part of it was I loved being around these sort of people, and it angers me to see them victimized, to see them demonized for doing their jobs," said Smith, adding that it is critical to "stand up for them and let them know that there are a lot of people out there who back them and who are with them" as the Trump administration publicly attacks them and fires them for political reasons."There are a lot of good career prosecutors who right now are working under incredibly difficult circumstances, and they're still trying to do the right thing," said Smith. These prosecutors, he said, "are not self-promoters" and will not "crow about their achievements" on TV — and "We need to hold them up and celebrate them because they're part of what makes this country great."Smith also had a warning about the breakdown of trust in federal courts against Justice Department prosecutors, as judges come to realize the political appointees under Trump cannot be assumed to tell the truth in major cases."If you go to court and the judges don't trust you, you can't do the basic things that you need to do to represent the American people in court," said Smith. "And we have seen judges across the country say they can't trust prosecutors anymore. And that has such a cascading effect on any sort of case."Had that ever happened under a case Smith was prosecuting, he added, "one opinion like that in my career would have been seismic. People would not know what to do ..., and that's happening every day.""And so regardless of what you think politically, they're just not effective at doing their job anymore," Smith lamented. "They've jettisoned expertise. And so we have a situation where we've got rid of people who know how to protect our national security." - YouTube youtu.be
