Japan, U.S. coordinate to support yen amid currency slide
The Japanese yen strengthened on Monday after Japan and the United States confirmed a rare coordinated currency intervention to halt the currency's sl...
The Trump administration is considering a major offer to Iran, including up to $30 billion in investments to support a civilian nuclear energy programme, easing some sanctions, and providing access to frozen Iranian funds.
These proposals aim to encourage Tehran to return to nuclear negotiations, according to CNN, citing sources familiar with the discussions.
Behind-the-scenes talks between US officials, regional partners, and Iranian representatives have continued despite recent military activity between Iran and Israel. The sources say diplomatic efforts have persisted following a ceasefire agreement reached this week.
A confidential meeting at The White House last Friday involved US Special Envoy Steve Witkoff and Gulf partners discussing plans to invest in Iran’s nuclear energy sector, focused on peaceful, non-enrichment activities. Although the funds would likely come from Gulf allies rather than the US directly, Washington is leading the diplomatic push.
One official told CNN that the US maintains a firm condition: Iran must not enrich uranium domestically. Instead, Iran could import enriched uranium for peaceful use, similar to arrangements in other countries.
Other incentives under discussion include partial sanctions relief and access to approximately $6 billion in Iranian funds currently held in foreign banks. There are also proposals for Gulf countries to help replace the Fordow nuclear facility, which was recently damaged in military strikes.
While the details are evolving and the outcome remains uncertain, officials say talks are ongoing through intermediaries, primarily Qatar, which also helped broker the ceasefire between Iran and Israel.
President Donald Trump confirmed this week that discussions with Iran could resume soon but noted uncertainty over the outcome. Secretary of State Marco Rubio said any deal would depend on Iran’s willingness to negotiate directly with the US.
This diplomatic effort follows several rounds of previous talks that were disrupted by recent regional tensions and military actions. Satellite images show damage to Iran’s nuclear facilities, and Tehran has recently passed legislation limiting cooperation with the United Nations nuclear watchdog, the International Atomic Energy Agency (IAEA).
Despite challenges, US officials say they are hopeful the renewed dialogue will lead to a peaceful agreement.
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Apple Pay has launched in Kyrgyzstan and Tajikistan, expanding digital payment services across Central Asia and supporting the region's shift towards cashless transactions.
The Japanese yen strengthened on Monday after Japan and the United States confirmed a rare coordinated currency intervention to halt the currency's slide following weeks of pressure.
Oil prices fell sharply on Monday after U.S. President Donald Trump said talks with Iran would begin later in the day, raising hopes of easing tensions in the Middle East, while OPEC+ agreed to increase oil production for a sixth consecutive month, adding to expectations of improved global supply.
At least eight people were killed in overnight Ukrainian drone strikes across Russia, regional officials said, as Kyiv expanded attacks on infrastructure.
Israeli airstrikes across Gaza have killed at least 18 Palestinians, according to Palestinian health officials, as efforts to advance a ceasefire plan face renewed challenges.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment