Maybe This Time Plus: Russian drone hits Romania, DeSantis' property tax proposal, and more... Reason · May 29
America fired 1,000 Patriot missiles but replaced only 172: Is the US missile stockpile crisis leaving Ukraine, Taiwan, and America vulnerable until 2029? The US missile stockpile crisis is now exposing a deeper global defense weakness as America fired more than 1,000 Patriot interceptors but replaced only 172 during the Iran war. Pentagon missile reserves are shrinking fast. Patriot missile shortages are now affecting Ukraine and Taiwan at the same time. Defense experts… The Economic Times · May 29
Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor says The Guardian - UK · May 29
Wall Street inches higher while oil prices fall on optimism over talks of Iran ceasefire extension Oil prices are down and markets are inching higher before the opening bell, adding to records hit a day earlier on optimism over a tentative deal to extend the ceasefire in the war with Iran AAP · May 29
Donald Trump warns Oman has to ‘behave’ – or else, America will ‘have to blow ’em up’ Iran quickly stepped up to support its neighbour. We Got This Covered · May 29
Mexico's Tijuana: From gateway to the American Dream to dead end With Iran's national football team set to be based in Tijuana, Mexico, for the upcoming World Cup, our reporters Laurence Cuvillier and Matthieu Comin travelled to the Mexican city known for being one of the most dangerous in the world. Until recently, this border city with the United States was… France 24 · May 29
Greek man charged with assisting foreign intelligence service ‘linked to Iran’ The allegations relate to the targeting of a UK-based journalist working for Iran International The Independent UK · May 29
Man charged in UK with assisting service linked to Iran A Greek national has been charged with assisting a foreign intelligence service, believed to be Iran, over the targeting of a UK-based journalist. AAP · May 29
Iran-US deal nears finish line — but Trump and Khamenei must say yes The draft memorandum includes unrestricted Hormuz shipping, Iran removing mines within 30 days and US sanctions waivers on Iranian oil, with nuclear talks to follow. Euronews · May 29
One in five households now skipping meals due to affordability crisis IN FULL The Independent UK · May 29
Vance optimistic as US-Iran deal awaits Trump green light WASHINGTON - US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the Middle East war, but the potential breakthrough still hangs on President Donald Trump’s approval. Bangkok Post · May 29
JD Vance Says U.S. And Iran Are 'Very Close' To a Deal: 'We've Made a Lot Of Progress Here' Vice President JD Vance said the U.S. and Iran are "very close" to reaching an an agreement on a memorandum of understanding to extend the ceasefire and begin negotiations on Tehran's nuclear program. International Business Times · May 29
Benjamin Netanyahu says Israel enjoys ‘crazy love’ from India In February, India’s Narendra Modi signed a plethora of agreements with Israel during a visit to the country – days before the start of the Iran war The Independent UK · May 29
S&P Futures Gain on Hopes for U.S.-Iran Deal; Dell Pops on Blowout Earnings June S&P 500 E-Mini futures (ESM26) are trending up +0.18% this morning as investors became more confident that the U.S. and Iran are nearing a deal. Barchart · May 29
The Economic Times · May 29 Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factors Indian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor selling and concerns over a predicted low monsoon. The IMD's forecast of below-normal rainfall and potential El Niño effects fueled inflation worries, impacting investor sentiment across Dalal Street.
AAP · May 29 What we know and don't know about the possible deal to end the Iran war The United States and Iran appear to be closing in on a deal to end the war and open the Strait of Hormuz
The Economic Times · May 29 How far have the U.S. and Iran got towards ending the Iran war? America and Iran have agreed to extend a ceasefire. Shipping through the Strait of Hormuz will resume. Some American sanctions on Iran will be lifted. This is a major step towards ending a war. Talks will continue on Iran's nuclear program and other issues. The deal is not yet finalized.
International Business Times UK · May 29 Iran Targets Google, Meta, Amazon & Microsoft: Plans to Charge Fees for Undersea Internet Cables in Strait of Hormuz Iranian media propose charging Google, Meta, Amazon and Microsoft fees for undersea internet cables in the Strait of Hormuz to generate major revenue amid tensions
The Guardian - UK · May 29 Oil prices on track for steepest monthly fall since 2020 Brent crude futures down 19% since end of April amid hopes of US-Iran peace deal, while stock markets rally
The Economic Times · May 29 Global Markets: Australian shares log best day in seven weeks on Gulf peace hopes The stock index rose a meagre 0.8% for May, bringing to a close a volatile month marked by conflicting reports of progress on a potential deal to extend the U.S.-Iran ceasefire.
Euronews · May 29 Oil prices fall and markets rise on optimism over Iran ceasefire deal Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the conflict.
AAP · May 29 Japan, South Korea markets hit records on hopes for a winding down of the Iran war Markets in Japan and South Korea have hit fresh records as Asian shares advanced on expectations the U.S. and Iran will agree to extend the ceasefire in their war by 60 days
The Guardian - UK · May 29 Global stocks rise and oil price slips amid hopes of US-Iran peace deal - as it happened Rolling coverage of the latest economic and financial news
The Independent UK · May 29 Bulletin AM briefing: Henry Nowak protesters clash with police and Clint Eastwood retires Here’s five of the biggest stories this morning