Gold rebounds from one-month low as dollar weakens and trade optimism rises
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolit...
Our NewsHour presenter Guy Shone examined the geopolitical ripple effects of the escalating conflict between Israel and Iran during the G7 summit, where U.S. President Donald Trump’s early exit drew worldwide attention.
The program highlighted reports that Iran, via Gulf intermediaries, may be willing to return to nuclear talks on the condition that Washington persuades Israel to agree to a ceasefire. However, President Trump has rejected these overtures, refusing to sign the G7 joint statement backing Israel’s right to self-defence. Instead, he is demanding Iran commit to strict conditions regarding its nuclear programme.
Guy Shone also discussed how Trump’s early departure disrupted key diplomatic meetings with Ukrainian President Volodymyr Zelenskyy and Australian Prime Minister Anthony Albanese.
With Trump now returning to Washington to convene his National Security Council, the segment explored how the deepening Israel-Iran confrontation is reshaping global diplomacy and putting additional strain on Western unity.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
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