
Israel-Iran Hostilities continue, prompting cancellation of nuclear talks
Hostilities between Israel and Iran continued into Saturday, raising fears in the Middle East and prompting Iran to cancel nuclear talks with the United States.
Israeli forces on Friday attacked Iranian nuclear facilities and other targets that killed military leaders. Iranian media said Israel's strike killed at least 78 people.
In retaliation, Iran has begun launching ballistic missiles and drones toward Israel. Israeli media say three people have died and more than 70 others were injured.
Israel continued attacking Iran on Saturday. An Israeli military spokesperson said Israel struck Iranian air defense systems, allowing some Israeli aircraft to fly freely over Tehran.
Meanwhile, Iranian media reported that Iran launched drones against Israel.
On Saturday, Iranian Foreign Minister Abbas Araghchi said holding talks with the US was now unjustifiable amid ongoing barbarous Israeli attacks.
His comment came as negotiations on Iran's nuclear program were under way between Iran and US President Donald Trump's administration, which backs Israel.
The next round of talks was scheduled to take place on Sunday. But the foreign minister of Oman, which has been mediating the talks, confirmed the meeting's cancellation.
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NHK
an hour ago
- NHK
Iran: New offensive operations against Israel underway
Iran's media reported that a defense ministry headquarters' administrative building in Tehran sustained damage following an Israeli attack early Sunday. Iran's state-run news agency also cited the oil ministry as saying that two oil storage facilities in the capital were attacked. Video footage from Iran's state-run television shows large flames and smoke rising. On Saturday, Iran's elite Islamic Revolutionary Guard Corps issued a statement, saying that the new wave of operations targeted Israeli jet fuel production facilities and energy supply centers in retaliation for the continuing attacks. It said that it used missiles and drones for the strikes, adding that the operations "will continue more fiercely and widely" if Israel's aggressions continue. Earlier on Friday, Israeli forces attacked Iranian nuclear facilities and other targets killing military leaders. Iranian media said Israel's strike killed at least 78 people. Iran has begun retaliating by launching ballistic missiles and drones toward Israel. Israeli media say at least 13 people had died in these attacks as of Sunday and more than 200 others were injured. On Saturday, Iranian Foreign Minister Abbas Araghchi said holding talks with the US was now unjustifiable amid "ongoing barbarous" Israeli attacks. His comment came as negotiations on Iran's nuclear program were under way between Iran and US President Donald Trump's administration, which backs Israel. The next round of talks was scheduled for Sunday. But the foreign minister of Oman, which has been mediating the talks, confirmed the meeting's cancellation.


Japan Times
2 hours ago
- Japan Times
'Golden share' to help U.S. Steel keep name and prevent relocation
The so-called golden share to be held by the U.S. government in United States Steel will prevent the company from relocating its headquarters from Pittsburgh or changing its name without the consent of the U.S. president, Commerce Secretary Howard Lutnick said Saturday. Tokyo-based Nippon Steel plans to acquire all common shares in U.S. Steel while issuing a golden share in the U.S. company to the American government. Lutnick said that the golden share will also prevent Nippon Steel from reducing, waiving or delaying its $14 billion investment into U.S. Steel, transferring production or jobs outside the United States and closing or idling plants before certain time frames without the consent of the U.S. president, Lutnick said. The golden share "has powerful terms that directly benefit and protect America, Pennsylvania, the great steelworkers of U.S. Steel, and U.S. manufacturers that will have massively expanded access to domestically produced steel," Lutnick said in a post on X. U.S. President Donald Trump signed an executive order on Friday that says Nippon Steel's acquisition of U.S. Steel will be approved on the condition that risks to national security are mitigated. Based on the order, the two steelmakers concluded a national security agreement with the U.S. government that calls for it to receive a golden share.


Yomiuri Shimbun
3 hours ago
- Yomiuri Shimbun
Approval of Acquisition by Nippon Steel: Deal Opens New Doors for Japan-U.S. Cooperation
A major industry restructuring, which had been buffeted by U.S. politics, is finally set to happen. This deal is likely to make a mark on industrial history and become a new symbol of cooperation between Japan and the United States. The constructive decision by the U.S. government is laudable. In connection with Nippon Steel Corp.'s plan to purchase U.S. steel giant United States Steel Corp., Nippon Steel announced that U.S. President Donald Trump has 'approved' the companies' partnership. With that approval, Nippon Steel said it is set to complete the buyout by acquiring 100% of the common stock in U.S. Steel for $14.1 billion (about ¥2 trillion) and realize a deal that will make the U.S. company a wholly owned subsidiary. The companies have signed a National Security Agreement, which is intended to dispel security concerns, with the U.S. government. Under that pact, U.S. Steel will issue to the U.S. government a 'golden share' that allows Washington to veto key decisions even though it holds a minority stake. Steel is the foundation of manufacturing, used in a wide range of products such as automobiles, infrastructure and military equipment. China, which has become a 'factory for the world,' has overproduced products, including steel, and launched an export offensive with lower prices. Under such circumstances, it is important for Japan and the United States to deepen their cooperation from the standpoint of economic security. This deal can be said to have resulted in the best possible combination of steelmakers to cooperate on policy toward China. U.S. Steel is struggling with aging facilities, and its crude steel production has fallen to below 20th in the world. In contrast, Nippon Steel, the world's fourth-largest steelmaker, boasts advanced technology in high-strength steel sheets for automobiles and thick steel plates for shipbuilding, among other products. If Nippon Steel provides U.S. Steel with technology and funding, doing so could help the U.S. company regain its competitiveness. It is also highly significant for Nippon Steel to establish a foothold in the United States, which is a massive market. U.S. Steel was once the world's largest steel company and a prestigious firm that represented the United States' prosperity. In some ways, it is understandable that there was resistance among U.S. citizens to the acquisition of such a firm by a Japanese company. Under these political circumstances, Trump initially called for blocking the planned acquisition, and former U.S. President Joe Biden also issued an order to halt the deal. Trump has consistently emphasized that U.S. Steel is an American company. It is groundbreaking that he has shown understanding for overcoming this matter by acquiring the golden share. Nippon Steel has promised to invest $11 billion by 2028. If U.S. Steel continues to grow, there may be no need for the U.S. government to exercise the rights of the golden share. Trump has imposed high tariffs indiscriminately with an aim of bringing manufacturing back to the United States. However, attracting investment and securing jobs in this way is the best possible approach that should be pursued. (From The Yomiuri Shimbun, June 15, 2025)