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President Trump expressed uncertainty about signing a Memorandum of Understanding with Iran on Friday, warning he would bomb Iran if it does not 'behave properly.' The MOU includes 14 points on ending hostilities, lifting sanctions, and a $300 billion reconstruction plan. Secrecy around the deal has drawn bipartisan criticism in the US.
The Federal Reserve kept interest rates unchanged at 3.5-3.75% as U.S. inflation hit 4.2%, a three-year high, driven by energy price surges from the U.S.-Iran conflict. Chairman Kevin Warsh led his first policy meeting amid growing pressure from President Trump to avoid rate hikes. Analysts see a growing probability of a rate hike later this year, with December odds exceeding 50%.
A protest targeting World Cup sponsor Hyundai is planned for Thursday in Guadalajara before the Mexico vs. South Korea match, condemning the automaker's business ties with mining firm Ternium and drawing attention to Mexico's epidemic of disappearances. The demonstration accuses Hyundai of sportswashing through its FIFA sponsorship.
Luigi Mangione, the suspect in the killing of United Healthcare CEO Brian Thompson, will argue he suffered from extreme emotional disturbance at the time of the shooting to seek a reduced charge. Judge Gregory Carro announced the defense strategy on March 19, noting that New York state law allows such a plea to potentially reduce murder to manslaughter. Mangione faces state trial on September 8 and federal trial on October 13.
The Palestinian Health Ministry says over 1,000 Palestinians have died in Gaza since the October US-brokered ceasefire took effect, as the humanitarian crisis continues. The ceasefire has halted major fighting but failed to advance to a second phase involving Israeli withdrawal and Hamas disarmament.
President Donald Trump has delayed the confirmation of his nominee for Director of National Intelligence, Jay Clayton, while urging Congress to pass surveillance and voter ID laws, keeping Bill Pulte in the acting role. The move has sparked criticism from Democrats who call it chaotic, while Republicans express regret over the postponed hearing.
Experts warn the Ebola outbreak in East Africa could become the worst in history, due to the lack of a vaccine or specific treatment, escalating conflict, and a sharp decline in international funding. The Africa CDC director says contact tracing has lost track of over 26,000 people. The outbreak has spread across multiple provinces in the DRC and into Uganda.
Japan's Minister of Economic Security Sanae Takaichi stated Tokyo's desire to build a constructive and stable relationship with China. The remarks come amid fresh developments in bilateral ties and are seen as a positive signal for deeper cooperation.
The G7 has agreed to reduce reliance on any single rare earth supplier to below 60% by 2030 to diversify supply chains and counter geopolitical risks. China currently dominates refining, providing over 80% of global supply. The plan involves cooperation with resource-rich countries, investment in domestic processing, and new mining projects.
Iran and the US are finalizing a draft agreement that would end hostilities and reopen the strategic Strait of Hormuz. The deal, obtained by Kyodo News, calls for Iran to restore maritime traffic in the waterway immediately after signing a memorandum of understanding. Further diplomatic talks are expected as part of the framework.
