Breakfast News Recap: Iran and US trade strikes as floods, diplomacy and trade tensions dominate
Iran said it launched ballistic missiles at two US military air bases in Jordan after American strikes on Iranian rocket launchers on Larak Island, sharply escalating the confrontation and raising the risk of wider regional retaliation. 🔗
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Washington is also preparing new sanctions on another bank over Iran ties, as stalled truce talks leave the economic pressure campaign against Tehran in place. 🔗
In the Middle East and wider diplomacy, Turkiye, Saudi Arabia and Pakistan are due to hold their first defence meeting in Istanbul since signing the Mecca Joint Defence Agreement, while Syria and Libya have agreed to reopen Syria's embassy in Tripoli after 14 years. 🔗 🔗
Libya's rival factions have separately signed a deal in Tripoli to hold legislative and presidential elections within 24 months, a move aimed at breaking the country's long political deadlock. 🔗
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In Europe and the Arctic, Russia's foreign minister Sergei Lavrov warned that NATO activity in the Arctic is a direct threat to Russia, as Vladimir Putin and Xi Jinping prepare to attend the Shanghai Cooperation Organisation summit in Kyrgyzstan. 🔗 🔗
Elsewhere in Europe, the UK has raised the detention of British activist Finn, who was arrested in Umm Al-Kheir in the occupied West Bank, with Israeli authorities. 🔗 Australian Oscar Jenkins has given his first interview from a Russian prison after being sentenced to 13 years, offering a rare glimpse inside his detention. 🔗
In the Americas, Donald Trump intensified tariff pressure on Canada with fresh Truth Social posts, while Google updated its US maps to show Lake America instead of Lake Ontario after Trump's order to change the lake's name. 🔗 🔗 In Venezuela, Nicolas Maduro posted what appear to be his first photographs from a US detention centre after what he says was his January abduction. 🔗
Across Asia and the Pacific, Nepal's flood disaster continues to worsen, with rescuers searching for thousands missing, the death toll rising, and authorities carrying out temporary burials of unidentified victims in Chitwan. 🔗 🔗 In Ukraine, Russian strikes have destroyed an estimated 12 million books and damaged printing and publishing plants ahead of the school year. 🔗
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In North America, the Grand Canyon flash flood has left one person dead and about 15 missing or unaccounted for, with evacuations still under way. 🔗 Off northern Cyprus, a high speed ferry carrying about 270 passengers and crew capsized, killing at least eight people and leading to the arrest of the crew. 🔗
Financial glimpse
Asia Pacific was mixed, Tokyo's Nikkei 225 and Nikkei ETF rose while Hong Kong and Australia's ASX 200 slipped, with palladium surging and WTI crude and natural gas also firmer. 🔗
By the close, Tokyo remained mixed, the Nikkei and Nikkei ETF held gains, the ASX 200 and Hang Seng were lower, and oil and palladium stayed strong while gold and silver retreated and yen weakness supported exporters. 🔗
Europe opened mixed, led by gains in the DAX and Euro Stoxx 50, while the FTSE 100 was little changed and the CAC 40 slipped, as Brent crude moved above 90 dollars a barrel and gold fell. 🔗
Sources in this recap
- 🔗 Iran and US exchange strikes after attack on Larak Island positions
- 🔗 Nepal flood death toll rises as rescuers search for thousands missing
- 🔗 Ferry capsizes off northern Cyprus, leaving at least eight dead and crew arrested
- 🔗 Grand Canyon flash flood leaves one dead and about 15 missing as evacuations continue
- 🔗 Nepal flood disaster prompts temporary burials of unidentified victims in Chitwan
- 🔗 Russian strikes destroy 12 million books in Ukraine as printing plants are hit ahead of school year
- 🔗 US plans new sanctions on another bank over Iran ties amid stalled truce talks
- 🔗 Turkiye, Saudi Arabia and Pakistan to hold first post-pact defence meeting in Istanbul
- 🔗 Putin and Xi due in Kyrgyzstan for SCO summit as bloc marks 25 years
- 🔗 Lavrov warns NATO Arctic activity is a direct threat to Russia
- 🔗 Guinea-Bissau referendum vote count begins as presidency powers face overhaul
- 🔗 Libyan rival factions sign deal to hold national elections within 24 months
- 🔗 Maduro posts first photos from US detention after January abduction
- 🔗 UK raises case of British activist detained in West Bank with Israel
- 🔗 Syria and Libya reopen diplomatic ties after Tripoli talks
- 🔗 Oscar Jenkins gives first interview from Russian prison after 13-year sentence
- 🔗 Google updates US maps to show Lake America as border row continues
- 🔗 Trump intensifies tariff pressure on Canada, signaling broader North American trade confrontation
#Iran #floods #sanctions #diplomacy #markets #breakingrecap #recapbreakfast
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