Wall Street ends week lower as tech shares retreat
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices....
Iran's President, Masoud Pezeshkian, expressed doubts about the United States' readiness for negotiations, accusing President Trump of undermining diplomatic efforts with new sanctions aimed at weakening the Iranian revolution.
Pezeshkian criticized U.S. actions, saying President Donald Trump’s claims of seeking negotiations were undermined by his policies. "Trump announces that he wants to negotiate, but then at the same spot he signs and declares any possible conspiracy to bring this revolution to its knees," Pezeshkian told a large crowd of supporters in Tehran.
The sanctions, which aim to curb Iran's nuclear program and prevent its oil exports, are a central part of Washington’s strategy. Trump has stated that the U.S. has the right to block Iran’s oil supplies to other countries, further intensifying the economic pressure on the Islamic Republic.
During the rally, Pezeshkian also responded to accusations from the U.S. that Iran is destabilizing the Middle East. "They claim Iran has destabilized the region, whereas it’s Israel that has been bombing the oppressed people of Gaza, Lebanon, Palestine, Syria, and any other place they want in the region, with the support from the United States," Pezeshkian said, drawing a stark contrast between Iran's actions and those of Israel.
As the crowd waved Iranian and Palestinian flags, Pezeshkian condemned the assassination of Hamas leader Ismail Haniyeh, which occurred in Tehran shortly after he took office. "We will never yield to foreigners," he declared, adding that Iran is not seeking war but will resist any efforts to divide the country. "They were the ones who assassinated Ismail Haniyeh in our country, in Tehran, the first day I assumed power. Because they are afraid of a united Iran. They are seeking to divide us. They are seeking conflict and fight."
Pezeshkian’s speech highlighted the defiance of the Iranian people, with the president reaffirming that, despite the U.S. sanctions and ongoing pressure, Iran remains steadfast in its resistance.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
The Israeli military said Raed Saed, described as one of the architects of the October 7, 2023 attacks on Israel, was killed on Saturday when a vehicle was hit in Gaza City.
A flash of light followed by the sound of an explosion was observed over Gaza early on Saturday, according to witnesses, as severe winter storms worsened an already dire humanitarian crisis in the territory.
Hundreds of people gathered for a second consecutive week at Tel Aviv’s Hostages Square, on Friday (12 December), to support the family of Master Sgt. Ran Gvili, the last remaining Israeli hostage whose body is believed to be held in Gaza.
Turkish President Recep Tayyip Erdoğan and Russian President Vladimir Putin met for a closed-door discussion on the sidelines of the International Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday.
Kazakhstan has begun redirecting part of its crude exports, sending oil from Kashagan to China as the Caspian Pipeline Consortium (CPC) operates at reduced capacity.
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