US-Iran Hold Nuclear Talks in Rome as Uranium Enrichment Tensions Rise Firstpost America
US-Iran Hold Nuclear Talks in Rome as Uranium Enrichment Tensions Rise | Firstpost America | N18G
US-Iran Hold Nuclear Talks in Rome as Uranium Enrichment Tensions Rise | Firstpost America | N18G
The US and Iran hold their fifth round of nuclear talks in Rome, aiming to resolve deep divisions over Tehran's uranium enrichment programme. Ahead of the negotiations, Iran warned there would be no deal if enrichment had to stop. Since returning to the office, President Trump has renewed pressure on Iran for a new agreement, after the 2015 deal was scrapped in 2018. The current round of talks began in April. A public spat followed the previous meeting in Oman, with Iran asserting its nuclear rights. Supreme Leader Khamenei has also expressed doubts about the process. Meanwhile, Israel is reportedly preparing to strike Iran's nuclear facilities. Tehran has vowed retaliation and warned the US would be held responsible if complicit. Watch to know more.
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First Post
13 minutes ago
- First Post
From Taco to Mega, what are the Trump acronyms becoming a huge hit on Wall Steet?
Donald Trump's love for coming up with slogans and snappy acronyms has made him popular on the Wall Street. Now, investors have gone a step further and created their own acronyms, some which may not sit well with the US president read more The Wall Street has come up with several acronyms for Donald Trump. File image/AP Four months into President Donald Trump's second term, market observers have taken a cue from his fondness for condensing slogans into catchy acronyms like Maga, Doge and Maha, and devised a few of their own that have been spreading across trading desks. Even those acronyms that do not directly reflect a specific trading strategy, still capture factors that traders say are important in Trump-era markets, such as volatility and uncertainty, that investors need to consider when making decisions. STORY CONTINUES BELOW THIS AD Some of the new labels are associated with investment strategies that aimed to capitalise on Trump's economic and trade policies and international relations goals. Others riff off economic implications or his abrupt U-turns as markets and trade partners react to his proposals. The 'Trump Trade' that played on the Make America Great Again theme in the wake of his November election victory and January inauguration, and contributed to record highs on Wall Street in February, is hardly discussed now that stocks, the dollar and Treasury bonds have succumbed to worries about his tariff policies. 'Post the election, we heard a lot about Yolo (You Only Live Once), which seemed to promote taking outsize risks in a concentrated investment theme,' Art Hogan, strategist at B. Riley Wealth, said. Yolo, is an acronym used to describe the tendency that was part of the Trump trade to chase high-momentum strategies such as cryptocurrency. 'While the term Yolo was popular for a period of time, it goes against all traditional advice,' Hogan said. Here are a few more acronyms that have gotten play in the investment world in recent weeks: STORY CONTINUES BELOW THIS AD Taco (Trump Always Chickens Out) This one, coined by a Financial Times columnist, has been used as a way to describe Trump's to-ing and fro-ing on tariffs in the wake of his April 2 'Liberation Day' speech. When asked about Taco in a recent press conference , the president lashed out, calling the question 'nasty' 'Where we end up might not be too far from what he promised on the campaign trail. So, does he always chicken out? I wouldn't go as far as to say that,' said Christian DiClementi, fixed income portfolio manager at AllianceBernstein. 'I think that he wants to rebalance the economy without pushing it off a cliff. And we're watching that being executed in real-time. I think some of the ideas are thought out and some of them change on the fly.' Yolo, is an acronym used to describe the tendency that was part of the Trump trade to chase high-momentum strategies such as cryptocurrency. File image/AP Mega (Make Europe Great Again) Mega first coined last year to address European competitiveness, resurfaced this Spring as a way to describe the flurry of investor interest in and flows into European markets. Mega hats, spoofing their Maga counterparts, are easily purchased online It's been revived by investors and traders in light of the outperformance of European stocks in the immediate aftermath of Trump's 'Liberation Day' tariffs bombshell. Maga (Make America Go Away) While the original Trump Trade was also known as the Maga trade, this variation cribbed the president's motto, first appearing in response to Vice President JD Vance's brief and unfruitful visit to , which Trump has expressed interest in annexing. At least one Canadian investor says that quip is making the rounds of trading desks in Toronto and Montreal and sparking 'wishful thinking' about simply boycotting US investments. During his election campaign, one of the many promises were to 'Make America Great Again'. File image/AFP Fafo (F**k Around and Find Out) Although the acronym also came into being well before Trump's inauguration, it is being heard with increasing frequency in trading desk conversations. It is used to capture the financial market's volatility and chaos that Trump's policy-making process has created. Mark Spindel, chief investment officer of Potomac River Capital LLC, described the market as being caught in a 'pinball machine as a result of that policy-making process.' When reached for comment, White House spokesman Kush Desai said in an email 'these asinine acronyms convey how unserious analysts have consistently beclowned themselves by mocking President Trump and his agenda that have already delivered multiple expectation-beating jobs and inflation reports, trillions in investment commitments, a historic UK trade agreement and rising consumer confidence.'
Time of India
13 minutes ago
- Time of India
Rising costs and visa hurdles push international students beyond the US,UK
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News18
14 minutes ago
- News18
‘Russian Pearl Harbour': Ukraine Destroys Moscow's Nuclear Bombers In Drone Attack
Last Updated: Ukrainian drones damaged dozens of Russian nuclear bombers and other aircraft, destroying $7 billion worth in a major strike on Russian air bases. In a major drone attack, the Ukrainian Forces on Sunday damaged dozens of nuclear bombers along with other aircraft when they struck the Russian military air bases. The strike, in which drones hidden inside the trucks were used, is now being called by the pro-Moscow military bloggers as 'the Russian Pearl Harbour." The attack took place just a day before the leaders of the two countries were likely to meet in Istanbul to hold the US-backed cease-fire talks. Ukraine's Security Service (SBU) carried out the mission using first-person-view (FPV) drones that struck 41 Russian heavy bombers and other warplanes. The bombers and warplanes were placed at four separate airfields. Footage shows a Ukrainian drone allegedly hovering over Belaya airbase in Russia's Irkutsk region. The video highlights Ukraine's ability to surveil and strike deep inside Russian territory. — Geopoliti???? Monitor (@GeopolitixM) June 1, 2025 According to Kyiv, the destroyed aircraft's price is at least $7 billion and it is no longer manufactured by Russia. Russia had originally designed the doomsday bombers to destroy the atomic weapons of the United States and Europe in case an all-out war broke out. According to Ukraine, the aircraft was converted and was being used to pummel Kyiv with cruise missiles. According to the reports, Ukraine destroyed Russia's TU-95 'Bear" nuclear bombers, TU-22 'Backfire" fast-attack bombers and A-50 'Mainstay" command-and-control jets in the strike. One of the bases struck was in Siberia's Irkutsk region. Other places targeted included Murmansk in the Arctic Circle, Ryazan southeast of Moscow, and Ivanovo, which is to the northeast of Moscow. The codename of the attack was "Operation Spider's Web" and it took them around 18 months to plan this strike. In the video, a row of heavy bomber aircraft can be seen on fire at an airbase. Watch India Pakistan Breaking News on CNN-News18. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! First Published: June 02, 2025, 10:06 IST
