Trump to Leave G-7 Summit Early Over Growing Tensions in Middle East
President finalizes trade agreement with the U.K., but will leave Canada without announcing new trade deals.
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Forbes
25 minutes ago
- Forbes
Trump Issues ‘Evacuate Tehran' Warning And Leaves G7 Summit—What To Know
President Donald Trump on Monday left the G7 Summit earlier than scheduled, due to the escalating conflict between Israel and Iran, shortly after he warned people to 'immediately evacuate' the Iranian capital, Tehran. Canada's Prime Minister Mark Carney and US President Donald Trump depart after a family photo during ... More the Group of Seven (G7) Summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, Canada. In a post on his Truth Social platform on Monday evening, Trump wrote: 'Simply stated, IRAN CAN NOT HAVE A NUCLEAR WEAPON…Everyone should immediately evacuate Tehran!' The president's post didn't clarify why he wanted the city of around 10 million people to be evacuated, but this post was made after the Israeli military also issued evacuation warnings impacting around 330,000 people in the Iranian capital as it struck parts of the city. The president then blamed the situation on Iran's refusal to sign 'the 'deal' I told them to sign,' and added: 'What a shame, and waste of human life.' Shortly after this post, Trump left the G7 Summit and returned to Washington on Monday night to 'attend to many important matters,' White House Press Secretary Karoline Leavitt said. Just before he departed from Canada, Trump told reporters that the Iranians 'want to make a deal, and as soon as I leave here, we're going to be doing something.' A U.S. official told reporters earlier on Monday, that Trump would not sign a draft statement of G7 leaders, which included a call for de-escalating the Israel-Iran conflict. The president eventually agreed to sign it after some changes were made to the statement's 'initial draft language,' according to the New York Times. The final statement notes: 'We, the leaders of the G7, reiterate our commitment to peace and stability in the Middle East.' The statement affirms Israel's 'right to defend itself,' describes Iran as the 'principal source of regional instability and terror,' and notes 'Iran can never have a nuclear weapon.' It also calls for a resolution of the ongoing crisis and 'a broader de-escalation of hostilities in the Middle East, including a ceasefire in Gaza.' In a post on X, Iranian Foreign Minister Abbas Araghchi signaled he was open to talks resuming talks with the U.S. if Israel's strikes on Iran were halted. 'If President Trump is genuine about diplomacy and interested in stopping this war, next steps are consequential. Israel must halt its aggression, and absent a total cessation of military aggression against us, our responses will continue. It takes one phone call from Washington to muzzle someone like Netanyahu. That may pave the way for a return to diplomacy,' he wrote. The post also attacked Israeli Prime Minister Benjamin Netanyahu, calling him a 'war criminal.'
Yahoo
26 minutes ago
- Yahoo
SSE (LON:SSE) Is Increasing Its Dividend To £0.43
SSE plc's (LON:SSE) dividend will be increasing from last year's payment of the same period to £0.43 on 18th of September. Based on this payment, the dividend yield for the company will be 3.5%, which is fairly typical for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We aren't too impressed by dividend yields unless they can be sustained over time. Based on the last payment, SSE's earnings were much higher than the dividend, but it wasn't converting those earnings into cash flow. Since a dividend means the company is paying out cash to investors, this could prove to be a problem in the future. The next year is set to see EPS grow by 75.4%. If the dividend continues on this path, the payout ratio could be 33% by next year, which we think can be pretty sustainable going forward. View our latest analysis for SSE While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the annual payment back then was £0.884, compared to the most recent full-year payment of £0.642. This works out to be a decline of approximately 3.1% per year over that time. Declining dividends isn't generally what we look for as they can indicate that the company is running into some challenges. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. It's encouraging to see that SSE has been growing its earnings per share at 22% a year over the past five years. SSE is clearly able to grow rapidly while still returning cash to shareholders, positioning it to become a strong dividend payer in the future. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. This company is not in the top tier of income providing stocks. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. For example, we've picked out 2 warning signs for SSE that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31 minutes ago
- Yahoo
BlackRock Study: Family Offices are in Risk-Management Mode, Focused on Increasing Diversification and Idiosyncratic Sources of Return
Alternative assets are more important than ever to family offices, making up 42% of their portfolios, up from 39% from BlackRock's previous survey. NEW YORK, June 17, 2025--(BUSINESS WIRE)--BlackRock today launched its 2025 Global Family Office Survey, which revealed that current geopolitical uncertainty is the most important issue for family offices (84%) and is a critical factor in their capital allocation decisions. The survey results also showed that concern around disruptions to trade and the increasing fragmentation in geopolitics turned overall sentiment negative for the first time since the survey began in 2020. Armando Senra, Head of the Americas Institutional Business for BlackRock, said, "Family offices, globally, entered 2025 with caution - a stance expected to continue through 2026 - as geopolitical tensions, policy shifts, and market fragmentation weigh on sentiment. With 60% of family offices pessimistic about the global outlook, confidence has been further shaken by new U.S. tariffs. Family offices are now prioritizing diversification, liquidity, and structural reassessment of risk as they build resilience in their investment portfolios." While there is a pervasive sense that we are witnessing a fundamental rewriting of the rules that have long shaped markets, many family offices are hopeful that the negative implications to the global economy will be limited. Family offices are in risk-management mode, with more than two-thirds (68%) focused on increasing diversification, and nearly half (47%) increasing their use of a variety of sources of return, including illiquid alternatives, ex-US equities, liquid alternatives, and cash. The survey further revealed that: Allocations to private credit and infrastructure are on the rise Alternative assets are more important than ever to family offices, making up 42% of their portfolios, up from 39% in our 2022-2023 survey1. Looking ahead, private credit and infrastructure are the most-favored alternative assets. Nearly one-third (32%) of family offices intend to increase their allocations to private credit (32%) and infrastructure (30%) in 2025-2026, with allocations to private credit marking the highest figure for any alternative asset class. When it comes to choosing a particular strategy within private credit, respondents have a clear preference for special situations/opportunistic and direct lending. Infrastructure is gaining strong momentum with family offices, with three-quarters (75%) of respondents feeling positive about the prospects for the asset class. Family offices are particularly attracted to infrastructure's ability to generate stable cash flows, its role as a portfolio diversifier and its perceived resilience. Over the following year, respondents intend to increase their infrastructure allocations to both opportunistic (54%) and value-add strategies (51%) driven by a combination of higher return potential, tailwinds and flexibility — qualities that are increasingly important in today's volatile market environment. Lili Forouraghi, Head of Family Office, Healthcare, Endowment and Foundations for BlackRock in the U.S., said, "The sustained demand and interest in private credit and infrastructure from family offices is a testament to the illiquidity premia and differentiated return opportunity in the current investment landscape. Access to opportunities and the right strategies continue to rise in importance as these asset classes evolve from niche strategies to the cornerstone of client portfolios." Seeking collaboration and closer partnerships To complement their in-house talent, many family offices are seeking to collaborate with external partners, especially when it comes to private markets. More than half of respondents noted gaps in their internal expertise around reporting (57%), deal-sourcing (63%), and private-market analytics (75%). Around one-quarter (22%) of family offices have used an Outsourced Chief Investment Officer (OCIO) or would consider doing so, and many look to third-party partners for expertise in both investments and technology. Mireille Abujawdeh, Head of Family Offices, Endowments, and Foundations for BlackRock in EMEA, said, "As family offices navigate increasing complexity across investment strategies, risk management and private markets, they are turning to select partners who can deliver more than just products. They need tailored solutions, data driven insights, deal sourcing and due diligence support, particularly in private markets where over half of respondents recognise gaps in internal expertise." Open to AI, but there are barriers to adoption A strong majority of family offices indicated that they would consider using AI for a variety of tasks from risk management to cash-flow modeling. However, there are technical and organizational barriers to greater adoption. Currently, family offices are far more likely to invest in tech firms building AI solutions (45%), or in investment opportunities that they believe will benefit from the growth in AI (51%), than they are to deploy AI tech internally to improve the investing process (33%). About the BlackRock Family Office Survey BlackRock partnered with Illuminas to conduct a research survey of family offices between 17 March and 19 May 2025, we spoke to 175 single-family offices that collectively oversee assets of more than US $320 billion, via a combination of surveys and a series of in-depth interviews with chief investment officers (CIOs) and key decision-makers at family offices around the world. This material is for distribution to Professional Clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. 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THE INFORMATION CONTAINED HEREIN, TOGETHER WITH THE PERFORMANCE RESULTS PRESENTED, IS PROPRIETARY IN NATURE AND HAS BEEN PROVIDED TO YOU ON A CONFIDENTIAL BASIS, AND MAY NOT BE REPRODUCED, COPIED OR DISTRIBUTED WITHOUT THE PRIOR CONSENT OF BLACKROCK. © 2025 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners. 1 Published 25 May 2023 View source version on Contacts Americas Reem (+1) 646 357 6135 EMEA Emma (+44) 20 7743 2922 APAC Cecilia (+852) 39032595 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
