The announcement of an end-of-hostility deal between the United States and Iran has done little to shift investor expectations that the Federal Reserve will hold or even raise interest rates this year, even as oil prices fall in response to the apparent diplomatic breakthrough. President Donald Trump recently announced the planned signing of the ceasefire […]
The memorandum of understanding that the Trump administration has signed with the remaining leadership of the Islamic Republic of Iran has nothing to do with nuclear weapons, ballistic missiles, or state-sponsored terrorism. It has everything to do with the fact that the United States failed in its military objective to control the Strait of Hormuz, […]
A planned Switzerland meeting between the U.S. and Iran has been put on hold, JD Vance has become the face to U.S. negotiations with Iran, Obama Presidential Center gets star-studded opening ceremony.
CNN anchor Kaitlan Collins took Sen. Bernie Moreno (R-Ohio) to task over his support of President Donald Trump’s widely panned Memorandum of Understanding, forcing him to defend several of the plan's more outrageous points.“My point of view is that we have to give peace a chance to get done,” Moreno told Collins. “We have absolutely not made Iran stronger. We've killed almost 80 of their top leaders. We've destroyed their army, their navy, their ballistic missile program. Like I said, they are absolutely in a dramatically worse position as a result of president Trump's actions. And he prevented them from actually using a nuclear weapon that they could have cobbled together.”“[But] this deal lets them have waivers,” Collins pointed out. “They can start selling oil tonight. Eventually it will potentially unfreeze billions of dollars, hundreds of billions of dollars in frozen assets. Iran is still a state sponsor of terrorism, according to the United States. Do you have an issue with the U.S. doing things that allows them to have money to potentially rebuild all of those things that you just mentioned?”“What's the alternative, Kaitlan?" Moreno demanded. "What would you want the president to do? Allow them to have built a nuclear weapon?”“That's a question for some Republicans, too, it sounds like,” said Collins, referring to many GOP critics who find the deal offensive. She also pointed out that Iran now stands “make more money because they're selling it at competitive market prices to buyers with more attractive currencies.”She also reminded Moreno that he said in April that money from Iran’s oil sales doesn't “go to the people. It goes to a corrupt leadership.”“Aren't you worried that corrupt leadership is now going to get tens of billions of dollars from these sales?” she asked.“Yeah, but we'll be watching exactly what they do with the money,” said Moreno.“But the president pledged not to get involved in their domestic affairs in the MOU that he signed,” Collins quickly countered, to which Moreno could only repeat: “We're going to make certain that they behave, and they do exactly what they need to do.”Moreno then made a comparison to Trump’s intervention in Venezuela, saying Trump “saved Latin America,” and promised “you’re gonna see that happen in Cuba.”“It’s not the same thing. You can’t really compare the two,” said Collins, before then asking Moreno about the plight of the Iranian people. “[Trump] told that Iranian people that this was their chance to rise up and take back their government. Their government is being run by the former leader’s son. Do you think that they have been left hung out to dry here?”“Look, I don't know what's going to happen there,” said Moreno. “Again. We don't know.” - YouTube youtu.be
The White House released a set of talking points on Tuesday that only highlighted the deal's failings.
Mr. Vance said earlier at a press briefing that he did not know if he would travel to Switzerland on Friday for the talks, where he was initially expected for a signing ceremony.
Vice-president says Israeli cabinet members shouldn’t attack the country’s ‘only powerful ally’ left; Iran says it will impose fees on strait of Hormuz – key US politics stories from Thursday 18 JuneJD Vance has sharply rebuked Israeli government critics of the US deal with Iran, saying the cabinet members should remember that two-thirds of the defensive weapons that have protected Israel “have been built by American hands and paid for by American tax dollars”.The US vice-president, asked about a report that Israeli prime minister Benjamin Netanyahu was fuming over the agreement, told reporters at the White House: “If I was in the cabinet of the Israeli government, I might not be attacking the only powerful ally that I have anywhere left in the entire world.” Continue reading...
Vice President JD Vance will not depart Thursday night for face-to-face negotiations with Iran in Switzerland, the White House said, as the US and Iran begin a 60-day countdown to reach a nuclear agreement and a more permanent peace deal.