Trump calls off Iran strikes, Iran peace deal close
President 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.
Trump'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.
A 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.
Thailand'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.