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Time:2026-06-12T01:59:22Z

Trump called off planned military strikes on Iran after signaling a breakthrough in peace negotiations, sending global stock markets higher and fueling both optimism and skepticism over his shifting strategy. In Washington, Trump nominated Jay Clayton to lead the intelligence community after his previous pick faced backlash. China's ports ranked the most efficient worldwide per a World Bank study, while Beijing signaled greater import openness with Europe and cautious US farmer optimism on trade. Thailand's Princess Bajrakitiyabha died at 47 after more than three years in a coma.

Trump calls off Iran strikes, Iran peace deal close

Trump calls off Iran strikes, Iran peace deal closePresident Trump called off planned military strikes on Iran hours after threatening them, claiming a breakthrough in peace negotiations and that a deal would be signed within days. Tehran responded that no final decision has been made. The dramatic reversal sent global stock markets surging.

Confusion over Trump's Iran strategy as markets swing

Confusion over Trump's Iran strategy as markets swingTrump's stance on Iran shifted repeatedly, from vowing to strike 'very hard tonight' to offering to take over Iran's oil sector, and then calling off attacks entirely for peace talks. Analysts questioned whether the flip-flopping was deliberate strategy or chaotic policymaking, as investors reacted to whiplash headlines.

Trump nominates Jay Clayton to top intelligence post

Trump nominates Jay Clayton to top intelligence postTrump nominated former SEC chair Jay Clayton as Director of National Intelligence after his interim pick was abandoned amid bipartisan backlash. Clayton's nomination requires Senate confirmation, and the controversy has drawn renewed attention to leadership instability in the intelligence community.

China's ports most efficient globally, trade expansion underway

China's ports most efficient globally, trade expansion underwayA World Bank study ranked China's ports as the most efficient in the world by a wide margin. China is also seeking to expand imports from Europe, while US farmers expressed cautious optimism about resuming trade with China. These developments point to an evolving global trade landscape.

Thai Princess Bajrakitiyabha dies at 47 after coma

Thai Princess Bajrakitiyabha dies at 47 after comaThailand's Princess Bajrakitiyabha, the eldest daughter of King Maha Vajiralongkorn, died at age 47 after spending more than three years in a coma. Her death reshapes the Thai royal succession landscape, as she had been considered a potential heir. The Royal Palace made the official announcement.