Breakfast News Recap: Trump Iran talks dominate UN week as storms, conflicts and markets move
US and Iranian officials held their first reported talks since the June ceasefire unravelled, with Foreign Minister Abbas Araghchi meeting US envoy Steve Witkoff on the sidelines of the United Nations General Assembly in New York. The discussions came as Washington and Tehran kept diplomacy alive despite rising tensions over sanctions, regional security and the risk of wider conflict. 🔗
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Donald Trump sharpened the pressure on Tehran at the UN, saying he faced a big decision on whether to strike Iran and warning he could “annihilate” the country if it moved against US interests. He also said American officials had held a three hour meeting with an Iranian delegation, underlining that talks were continuing even as his rhetoric escalated. 🔗 🔗
Separate reports said the US and Iran held mediated UNGA talks focused on the Strait of Hormuz and sanctions, with hours of indirect discussions taking place through intermediaries in New York. Iran also began cancelling flights to Baghdad and Muscat as new US aviation sanctions took effect, showing how the pressure campaign is already affecting travel links. 🔗 🔗
Elsewhere at the UN, Trump and Andy Burnham met for the first time in New York, with their encounter drawing attention because of the scrutiny around the Chagos deal. The US also signed a security agreement with Denmark and Greenland that expands American military access on the island while reaffirming Danish sovereignty. 🔗 🔗
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In the Middle East, the UN said violence against women and girls in Gaza has risen sharply, including cases of early and forced marriage. Qatar’s emir warned the Gulf is in one of its most dangerous phases amid the Iran war, while Saudi Arabia condemned the Houthi movement after intercepting a drone launched towards Mecca. 🔗 🔗 🔗
In Europe and the wider security picture, the EU extended its Russia sanctions for 36 months and removed Mikhail Fridman and Alisher Usmanov from the list, while also condemning Russia’s 18 to 20 September State Duma elections and rejecting the vote in occupied Ukraine. The European Court of Human Rights also heard a case involving 10 Ukrainian children who disappeared after Russia annexed Crimea in 2014. 🔗 🔗 🔗
Ukraine’s President Volodymyr Zelenskyy said Kyiv is ready for a bilateral energy ceasefire with Russia after separate talks with Trump in New York. In parallel, French President Emmanuel Macron used what he said was his final UN speech as France’s leader to urge resistance to the “law of the jungle”, and Finnish President Alexander Stubb called for UN reform and more cooperation. 🔗 🔗 🔗
In Africa, seven armed groups in Ethiopia announced an alliance aimed at toppling the government in Addis Ababa, raising fears of renewed civil war. South Sudan’s President Salva Kiir dissolved the transitional unity government and appointed a caretaker administration ahead of the country’s first national elections. 🔗 🔗
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Across the Asia Pacific, Typhoon Dujuan left at least four people dead near Tokyo and six people missing as rescue teams searched the region, while Fiji’s Constitution Review Commission proposed scrapping coup immunity, including for the current prime minister. In Papua New Guinea, police raided a Port Moresby property and said they found 39 Indonesian nationals allegedly held against their will in a trafficking and online scam case. 🔗 🔗 🔗
Other developments included a rare Category 5 Hurricane Polo off Mexico’s Pacific coast, with warnings widening despite no direct landfall forecast, and a US F 16 crash near Spangdahlem air base in western Germany. In Australia, counter terrorism police arrested a 65 year old Melbourne man over alleged ISIS propaganda, while in the Northern Territory, Katherine was promised a new $13.3 million levee after its worst flood in 28 years. 🔗 🔗 🔗 🔗
In the Americas, Lula warned at the UN against foreign interference in Brazil’s vote, Canada pledged C$100 million for Palestinians and signalled possible trade restrictions over West Bank settlements, and Palestinian Americans lobbied US lawmakers over Gaza policy amid a reported $2.8 billion arms transfer. Trump also pushed the Shield of the Americas coalition to target 24 cartel groups. 🔗 🔗 🔗 🔗
Separately, a hacking group calling itself ShinyHunters claimed a cyberattack on the FBI and said it stole data linked to the majority of current and former FBI employees, adding to the week’s security concerns. 🔗
Financial glimpse
Wall Street closed sharply higher, with the S&P 500 up 2.36%, the Nasdaq Composite up 4.86% and the Russell 2000 up 0.68% as AI and semiconductor shares led the rally, while oil sank and crypto joined the risk on move. 🔗
Asia Pacific markets were stronger, with Tokyo and the Nikkei 225 surging and gains also seen in Hong Kong and Seoul, while WTI crude fell more than 10% and the yen weakened past 157 per dollar. 🔗
Europe opened mixed, with the FTSE 100 and DAX edging higher, the CAC 40 slipping and the Euro Stoxx 50 little changed, as Brent slumped, natural gas jumped and the dollar firmed. 🔗
Sources in this recap
- 🔗 US and Iran hold first talks since June ceasefire unravelled amid Trump threat
- 🔗 Hurricane Polo reaches rare Category 5 strength off Mexico as warnings widen
- 🔗 Trump threatens to 'annihilate' Iran at UN as diplomacy continues in New York
- 🔗 US and Iran hold mediated UNGA talks as Hormuz and sanctions issues remain central
- 🔗 US, Denmark and Greenland sign security deal expanding military access on the island
- 🔗 US and Iran hold three-hour talks at UN General Assembly in New York
- 🔗 Trump and Burnham meet at UN as Chagos deal comes under scrutiny
- 🔗 Seven armed groups form alliance in Ethiopia, raising fears of renewed civil war
- 🔗 South Sudan dissolves unity government ahead of first national elections
- 🔗 Zelenskyy says Ukraine ready for energy ceasefire after Trump talks in New York
- 🔗 Iran cancels flights to Baghdad and Muscat as US aviation sanctions take effect
- 🔗 ShinyHunters claims FBI data theft in cyberattack on jobs site
- 🔗 Trump pushes Shield of the Americas coalition to target 24 cartel groups at UNGA meeting
- 🔗 Xi Jinping arrives in Washington for Trump meeting as Taiwan and AI dominate agenda
- 🔗 UN finds sharp rise in violence against women and girls in Gaza
- 🔗 Saudi Arabia condemns Houthi targeting of Mecca as security alert deepens
- 🔗 Sydney underworld figure Iziah Utai survives attempted attack in Marbella
- 🔗 EU extends Russia sanctions for 36 months as Fridman and Usmanov are delisted
- 🔗 ECHR hears case of 10 Ukrainian children missing after Crimea annexation
- 🔗 Typhoon Dujuan leaves at least four dead near Tokyo as rescue teams search for six missing
- 🔗 Fiji review proposes scrapping coup immunity, including for current prime minister
- 🔗 Macron uses final UN speech to urge resistance to 'law of the jungle'
- 🔗 Papua New Guinea police raid Port Moresby property in alleged trafficking and online scam case
- 🔗 Qatar emir warns Gulf is in one of its most dangerous phases amid Iran war
- 🔗 Lula warns against foreign interference in Brazil vote at UN amid US tensions
- 🔗 Canada pledges aid for Palestinians and signals trade restrictions over West Bank settlements at UNGA
- 🔗 US F-16 crashes near Spangdahlem air base in western Germany
- 🔗 Melbourne man arrested over alleged ISIS propaganda role
- 🔗 Katherine promised new $13.3m levee after town's worst flood in 28 years
- 🔗 Palestinian Americans lobby US lawmakers at Capitol over Gaza policy amid reported $2.8bn arms transfer
- 🔗 US Justice Department asks Supreme Court to reverse Badar Khan Suri release
- 🔗 Trump and Andy Burnham meet for first time in New York on sidelines of UN General Assembly
- 🔗 EU condemns Russia's 18-20 September State Duma elections and rejects vote in occupied Ukraine
- 🔗 Costa, Lula, Ruto and Carney unveil P4M multilateralism initiative ahead of UN week
- 🔗 Canada joins P4M summit declaration backing multilateral reform and international law
- 🔗 Costa opens first Partners for Multilateralism meeting with six co-hosts
- 🔗 EU raises support for Djibouti Armed Forces to EUR 20 million
- 🔗 Finland's Stubb urges UN reform and cooperation in General Assembly speech
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