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India Today
a day ago
- Business
- India Today
US, European allies set August deadline for Iran nuclear deal talks: Report
US Secretary of State Marco Rubio and the foreign ministers of France, Germany and the UK have agreed in a phone call to set the end of August as the de facto deadline for securing a renewed nuclear deal with Iran, Axios reported, citing three diplomatic decision marks a critical juncture in long-stalled talks aimed at preventing Iran from advancing its nuclear capabilities unchecked. "If no deal is reached by the deadline, the European trio plans to trigger the 'snapback' mechanism — a clause in the original 2015 nuclear agreement that would automatically reinstate all previously lifted UN Security Council sanctions on Tehran, Axios clock is ticking. This is a final opportunity for Iran to demonstrate good faith before the international community responds decisively," one European diplomat familiar with the talks told Axios. The snapback provision itself expires in October. Since the reimposition process takes 30 days to complete, officials aim to finalise the decision before Russia assumes the rotating presidency of the UN Security Council that same month — a move that could complicate to Axios, European officials plan to engage Iran intensively in the coming weeks, making it clear that the only path to avoiding renewed sanctions is full transparency and meaningful reassurances about the peaceful nature of its nuclear programme.'Snapback isn't just a threat — it's a tool to bring Iran back to the table and keep the global community safe,' said a senior US official, who described the mechanism as both leverage and a last Iran has not formally responded to the new deadline, Western officials hope the pressure will prompt cooperation and avert escalation.- EndsWith inputs from ReutersTune InMust Watch
India Today
09-07-2025
- Business
- India Today
Dollar is king: Trump defends its status as world's dominant currency
US President Donald Trump issued a warning on Tuesday to countries seeking alternatives to the US dollar, saying he's prepared to impose heavy tariffs on any nation that undermines its status as the world's reserve during a Cabinet meeting at the White House, Trump emphasised the strategic importance of the dollar, describing any threat to its dominance as akin to an act of war. "Losing the dollar standard would be like losing a war, a major world war," Trump said. "We would not be the same country any longer. And we're not going to let that happen."advertisementHe also threatened an additional 10% tariff on all Brics nations -- Brazil, Russia, India, China, and South Africa -- which have recently discussed building a new currency system to bypass the dollar in global trade. "I'm just saying, if people want to challenge it, they can," Trump continued, "but they're going to have to pay a big price. And I don't think any of them are willing to pay that price."Trump also aimed at past US leaders. "If you have a stupid President like the last time, you would lose the standard. You won't have dollars here, and we lost the world standard dollar," he said. "That would be like losing a war."Reaffirming his commitment to aggressive trade policy, Trump declared, "The dollar is king. We're gonna keep it that way."He also pointed to the looming August 1 deadline for newly announced tariffs targeting countries that, according to Trump, have long imposed "ridiculous" duties on American products. "I called those other countries, and now everyone is willing to give us everything," he said. "For years, they ripped us off, and we didn't have a President that understood it."On Monday, the US President imposed a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1.- EndsWith inputs from ReutersTune InMust Watch
India Today
25-06-2025
- Politics
- India Today
Trump says no to Putin's Iran offer: I need help with you instead. Watch
US President Donald Trump on Tuesday claimed that his Russian counterpart, Vladimir Putin, had offered to help him with Iran. However, Trump revealed that he instead asked Putin for help in resolving the ongoing war in Ukraine, signalling his intent to broker yet another truce."You know, I would like to see a deal with Russia. As you know, Vladimir called me up and asked, 'Can I help you with Iran?' I said, 'No, I don't need help with Iran. I need help with you,'" Trump told journalists aboard Air Force One. advertisementWhen asked if he would meet Ukrainian President Volodymyr Zelenskyy at the NATO Summit in the Netherlands, he said, "Yeah, probably I'll see him." When probed further about what he would ask him, he replied, 'How you doing?' adding, 'He's in a tough situation. Should've never been there.' After striking a peace "deal" between Israel and Iran, Trump said he was hopeful of achieving a similar feat to end the three-year-old war between Ukraine and Russia."Six thousand soldiers died last week," he negotiations after a gap of more than three years, the two sides held face-to-face talks in Istanbul on May 16 and June 2 that led to a series of prisoner exchanges and the return of the bodies of dead they have made no progress towards a ceasefire which Ukraine, with Western backing, has been pressing for. Russia says it wants a final settlement, not just a pause in the fighting, and is insisting on territorial and other demands that Ukraine says would be tantamount to conflict has intensified in recent weeks, with Russia carrying out some of its heaviest air attacks of the war and Ukraine mounting surprise drone strikes on airfields on June 1 that inflicted serious damage on Russia's nuclear-capable bomber fleet.- EndsInputs from ReutersTune InMust Watch
India Today
31-05-2025
- Politics
- India Today
US court blocks Trump administration's bid to resume mass federal layoffs
A US appeals court on Friday declined to pause a lower court ruling that blocks the Trump administration from moving forward with mass layoffs of federal workers and a sweeping government restructuring plan. The San Francisco-based 9th Circuit Court of Appeals denied the administration's request to stay a May 22 decision by US District Judge Susan Illston, who found that such actions require congressional ruling prevents the administration from proceeding with its plan to eliminate tens of thousands of federal jobs and shutter multiple agencies. An appeal could take months, prompting the administration to likely seek relief from the US Supreme Court. With inputs from ReutersTune InMust Watch
India Today
29-05-2025
- Politics
- India Today
Trump administration halts use of race, gender data in federal hiring
The Trump administration on Thursday directed federal agencies to stop using data on race, sex, ethnicity, or national origin in hiring decisions, a move seen as the latest step in dismantling diversity, equity, and inclusion initiatives across the directive, issued in a memo from the Office of Personnel Management (OPM) on Thursday, is part of a broader push under a January executive order by President Donald Trump to center federal hiring strictly on "merit, qualifications, and job-related criteria."advertisementThe memo bans the collection, use, and distribution of demographic statistics in hiring practices, including the concept of assessing "underrepresentation" of specific groups. It argues that such measures compromise fairness and merit, echoing long-standing critiques by Trump and his allies that diversity, equity, and inclusion (DEI) programs are discriminatory against white people and move represents a significant rollback of longstanding federal practices aimed at promoting workforce diversity and addressing systemic discrimination. Critics say eliminating demographic tracking undermines efforts to identify and correct inequalities in addition to the ban on demographic data, the OPM memo criticizes an overreliance on elite academic credentials and calls for broader are urged to seek candidates from state schools, religious institutions, trade programs, homeschooling backgrounds, and faith-based organizations. The focus, the memo states, should be on "patriotic Americans" committed to constitutional values and the rule of initiative marks a further step by Trump to dismantle DEI programs across federal agencies, a cornerstone of his broader campaign against what he calls 'woke' culture in government and inputs from ReutersTune InMust Watch
