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....
UN nuclear inspectors have returned to Iran for the first time since Tehran halted cooperation following Israeli strikes on its nuclear facilities, Iranian state media reported on Wednesday.
Foreign Minister Abbas Araqchi told lawmakers that Iran had yet to agree on terms for fully resuming cooperation with the UN’s IAEA watchdog, according to parliament news agency ICANA.
However, he confirmed the inspectors would oversee the replacement of fuel at the Bushehr nuclear power plant.
His remarks came a day after Iran held talks with France, Britain and Germany in a bid to revive negotiations on its nuclear programme – which Western powers accuse of being designed to build a bomb, though Tehran insists it is strictly for civilian use.
Iran has argued that a new framework with the International Atomic Energy Agency is needed following the 12-day conflict with Israel in June, which later saw the United States join.
In June, Iran’s parliament passed legislation suspending cooperation with the IAEA, requiring that any future inspections be approved by the Supreme National Security Council.
The Council authorised the current visit, but “no draft for a new cooperation mechanism with the IAEA has been finalised or approved,” Araqchi was quoted as saying. “The changing of the fuel of Bushehr nuclear reactor has to be done under the supervision of inspectors of the international agency,” he added.
IAEA chief Rafael Grossi told Fox News on Tuesday that “the first team of IAEA inspectors is back in Iran,” but noted that discussions on how to restart inspections were still ongoing.
Following the June strikes, Iran maintained that its nuclear sites were no longer safe for inspectors.
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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.
Thailand’s caretaker Prime Minister Anutin Charnvirakul said on Saturday that Thai forces would continue military action along the Cambodia border until Bangkok believes there is no longer a threat to Thai territory or civilians.
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.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
Multiple people were shot on Saturday at Brown University in Providence, Rhode Island, prompting an active shooter alert and a campus lockdown, city officials said.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
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