
Rubio urges Iran to ensure safety of IAEA personnel amid rising tension, ‘Execution of IAEA Director unacceptable'
US Secretary of State Marco Rubio said Saturday (local time) that Iran has a responsibility to guarantee the safety and security of International Atomic Energy Agency (IAEA) personnel.
In a post on X, Rubio said, "Calls in Iran for the arrest and execution of IAEA Director General Grossi are unacceptable and should be condemned."
He added, "We support the IAEA's critical verification and monitoring efforts in Iran and commend the Director General and the IAEA for their dedication and professionalism. We call on Iran to provide for the safety and security of IAEA personnel."
Earlier this week, Iran's Supreme Leader Ayatollah Khamenei, in his first public remarks since a ceasefire, said Iran had "slapped America in the face" by launching missiles at a major US base in Qatar in retaliation for American strikes on nuclear facilities at Fordow, Isfahan and Natanz.

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First Post
11 minutes ago
- First Post
Anti-immigration agents 'real victims': Trump admin slams attacks on ICE officers
The escalating violence has ignited a heated debate over the administration's aggressive immigration policies and their consequences for both agents and communities read more Law enforcement officers, including HSI and ICE agents, take people into custody at an immigration court in Phoenix, Arizona, US, on May 21, 2025. Reuters File The Donald Trump administration has declared US Immigration and Customs Enforcement (ICE) agents the 'real victims' as a wave of assaults against them surges during intensified immigration raids. The Department of Homeland Security (DHS) has reported a staggering 500 per cent increase in attacks on ICE officers, though specific figures remain undisclosed. The escalating violence has ignited a heated debate over the administration's aggressive immigration policies and their consequences for both agents and communities. STORY CONTINUES BELOW THIS AD DHS Secretary Kristi Noem has vowed that assaults on ICE officers will be met with full legal consequences, pledging an unwavering commitment to enforcement despite the risks. Assistant Secretary Tricia McLaughlin pointed the finger at 'violent rhetoric' from political figures, including House Minority Leader Hakeem Jeffries and mayors of sanctuary cities, accusing them of 'demonising ICE officers' and inciting hostility. DHS also highlighted disturbing cases of doxing and threats against agents and their families, with perpetrators now facing prosecution. The spike in violence coincides with President Trump's ramped-up immigration crackdown, which has ICE targeting up to 3,000 arrests daily. According to USA Today, assaults on ICE and Border Patrol agents had been on the decline but have surged sharply since the administration's new enforcement policies took effect. Notable incidents include an ICE officer dragged by a car during an arrest and a female agent strangled by a gang suspect, underscoring the dangers agents face in the field. 'Just this week, an ICE officer was dragged 50 yards by a car while arresting an illegal alien sex offender,' McLaughlin was quoted as saying by USA Today. 'Every day the men and women of ICE put their lives on the line to protect and defend the lives of American citizens.' STORY CONTINUES BELOW THIS AD Local politicians raise alarm over raids Local leaders in sanctuary cities, such as Huntington Park Mayor Arturo Flores, have raised alarms about the aggressive tactics. Flores warned that masked raids risk 'violent confrontations' and erode trust in law enforcement, particularly in communities already wary of federal authorities. Critics of the administration's approach argue that pressure to meet arrest quotas is pushing agents into increasingly dangerous situations, often resulting in the detention of non-violent immigrants. The way ICE agents are acting does not present 'the image of a just and lawful government,' Flores complained. 'When people cannot trust who is enforcing the law, public safety us undermines and fear begins to take hold,' Flores said in a June 27 press conference. 'What we are saying is simple: if you are acting with federal authority, show it. ID yourself Do not hide behind unmarked vehicles, facemasks and vague credentials.' Despite the mounting risks, DHS remains steadfast. 'ICE agents will continue to do their jobs and enforce the law,' a department spokesperson declared.


Time of India
33 minutes ago
- Time of India
Is the Trump 2.0 agenda deliberately aimed at companies' bottom line?
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Corporate America's profits are slipping. Last week, the Bureau of Economic Analysis confirmed that corporate post-tax profits dropped in the first quarter by 3.3% — by far their biggest fall since the companies make less money, it's often a harbinger of an economic slowdown. In this case, it also raises the more profound question of whether the Trump 2.0 agenda is deliberately aimed at companies' bottom sounds outlandish. The S&P 500 just hit an all-time high, so Corporate USA is worth more than ever. But it makes sense. After-tax profits account for an unprecedented 10.7% of gross domestic product, when in the last 50 years of the 20th century, they never exceeded 8%. The only time approaching their current share of the economy was in 1929 on the eve of the Great Crash. If the nation is to deal with inequality, money must be redistributed from somewhere; corporate profits are an obvious source of in the Trump coalition have long held an anti-corporate agenda. A few months ago, Adrian Wooldridge argued in this space that MAGA wanted to 'end capitalism as we know it.' Specifically, he contended that many leaders in the Trump coalition wanted to 'deconstruct the great workhorse of American capitalism: the publicly owned and professionally managed corporation.'These are strong words, but sound understated compared to the writings of Kevin Roberts, head of the Heritage Foundation and a lead creator of Project 2025, an ambitious and radical agenda for Trump 2.0. He argues that BlackRock, the world's largest fund manager and a pillar of contemporary US capitalism, is 'decadent and rootless' and should be burned to the ground — a fate it should share with the Boy Scouts of America and the Chinese Communist Marjorie Taylor Greene, an outspoken Trump supporter in Congress, 'the way corporations have conducted themselves, I've always called it corporate communism.' She has urged government investigations of companies that stopped donations to Republicans after the Jan. 6, 2021, attack on Bannon, Trump's campaign chief in 2016, complained to Semafor that only $500 billion of the US government's $4.5 trillion came from corporate taxes. 'Since 2008, $200 billion has gone into stock repurchases. If that had gone into plants and equipment, think what that would have done for the country.'He advocated a 'dramatic increase' in taxes on corporations and the wealthy. 'For getting our guys' taxes cut, we've got to cut spending, which they're gonna resist. Where does the tax revenue come from? Corporations and the wealthy.'Several current policies are not explicitly anti-corporate, but more or less guaranteed to have that Lerner, head of the HOLT analytical service at UBS , points out that in data going back to 1870, the correlation between tariffs and companies' earnings yield (a measure of their core profitability) has been consistent. Tariffs hurt companies. Looking at the cash flow return on investment since 1950, it has risen (meaning companies grew more profitable) directly in line with rises in imports as a proportion of done jointly by Societe Generale Cross-Asset and Bernstein demonstrates that globalization has benefited US companies not only through international sales (40% of revenues for S&P 500 companies) but also through lower costs. In 2001, when China joined the World Trade Organization , the S&P's cost of goods sold accounted for 70% of the revenues generated by selling them. It had been around this level for many years. That has now dropped to 63% — a massive improvement of 7 percentage points in this basic margin. Technology, consumer and industrial firms have gained the most — and stand to lose the most from 2.0 policies so far have redistributed from shareholders to workers. Vincent Deluard, macro strategist at StoneX Financial, points out that the only tax not cut by the One Big Beautiful Bill currently before Congress is corporate income tax. 'The grand bargain of the Big Beautiful Bill is to compensate for the tariffs' inflationary shock with personal income tax cuts,' he says. 'If exchange-rate adjustments, foreigners, and consumers do not pay for tariffs, corporate profits will.'Beyond that, eliminating illegal immigration and restricting foreign students raises labor costs. Threats to tax foreign investments in section 899 of the bill — which now appear likely to be withdrawn — risked reducing capital inflows and make it harder to raise own behavior has contributed to these trends. Over history, their share of GDP has tended to oscillate with the economy, rising when labor organizations' negotiating power is weak. But in this century, their profits grew less susceptible to the economic cycle, surging higher after the Edwards, a macro strategist for SocGen, argues that they pushed through margin-expanding price increases 'under the cover of two key events, namely 1) supply constraints in the aftermath of the Covid pandemic, and 2) commodity cost-push pressures after Russia's invasion of Ukraine.'Margins matter more in an environment where people are conscious of the damage inflation can do to their standard of living. That gave rise to the concept of 'greedflation' — which Edwards thinks is deserved. Politicians have increasingly felt emboldened to intervene in companies' pricing decisions, something that's been off-limits since Richard Nixon's ill-fated price controls in the early 1970s. Kamala Harris proposed 'anti-gouging' policies in her unsuccessful presidential campaign; more recently, Trump forced a climbdown by companies like Amazon that proposed to itemize the impact of tariffs on the prices they to the top of a company never used to be a ladder to mega-wealth. That was reserved for entrepreneurs who founded their own firms. Modern executive pay has changed that and allowed CEOs to become billionaires by meeting unchallenging targets for their share price. The gulf between their pay and workers' wages shrieks of injustice; according to the Economic Policy Institute, the CEO-to-worker compensation ratio reached 399-1 in 2021; in 1965, it was only 20-1. From 2019 to 2021, CEO pay rose 30.3% while those workers who kept their jobs through the pandemic got a raise of 3.9%.This can easily be dismissed as the politics of envy, but executive compensation now arguably skews the entire economy. Andrew Smithers, a veteran London-based fund manager and economist, and nobody's idea of a leftist, has long inveighed against the bonus culture, which he holds responsible for a disastrous misallocation of argued that America's problem was 'two decades of underinvestment':The major cause has been a change in the way company managements are paid. The 1990s saw the arrival of the bonus culture, which massively shifted management incentives and thus changed management behavior. Sadly, the change did immense damage to the economy. Managements were encouraged to invest less and, with lower investment, growth argues that companies increased their investment in response to corporate tax cuts in earlier generations, but stopped doing this once executives were paid to prioritize their share price. That led them to cut back on investment, spending money on acquisitions and share buybacks. That dampened growth, but also ensured better returns in the short run for investing in stocks is still primarily a game for those who are already wealthy, this stoked inequality still further. Opposition to high executive pay is often couched as a populist class-warrior position, but there is far more to it than Trump coalition always had anti-corporate elements, but this didn't stop his first administration from delivering for the private sector in a big way. In 2024, Trump added the support of Silicon Valley, and took the oath of office for the second time in front of a serried rank of billionaires. But he's also losing old corporate Koch, the industrialist hated by Democrats as the architect of libertarian Republican policies, has lost patience. After funding Nikki Haley's run against Trump in last year's Republican primaries, he told the Cato Institute earlier this year that too many institutions had lost their libertarian principles, and 'people have forgotten that when principles are lost, so are freedoms.' How will people like Koch respond if the administration clamps down on companies?America's key political developments tend to happen within parties, not between them. The current Republican coalition is no stranger in concept than Lyndon Johnson's Democratic Party of the 1960s, the New Deal coalition that combined multi-racial liberals from the North and West with pro-segregationist whites from the South. Once Johnson decided to choose one wing over the other, with his civil rights acts, that alliance now, the MAGA coalition includes both America's largest corporations and their most trenchant critics. The policy choices of the next few months, and their effects, will determine whether that can continue.


Scroll.in
an hour ago
- Scroll.in
What Iranians in India think about the war and Tehran
For several nights this month, Nader Mohandesi stayed up till 2 am in his Bengaluru home watching television news about the war between Israel and his country, Iran. The 60-year-old surgeon was worried about his mother, who lives in the Iranian city of Shiraz. Throughout the war, Mohandesi used to send a WhatsApp message on his family group chat every morning and wait for it to get delivered. 'We could not talk everyday because the internet connection in Iran was very weak,' he said. 'It was really stressful.' Things were worse in Tehran, Iran's capital. An Iranian artist who lives in Delhi told Scroll that his parents and younger sister had to flee the city on the fifth day of the fighting. 'They locked up our house and went to my grandparents' home in the North-West of Iran,' said the artist who requested anonymity citing privacy concerns. Anxious and unable to sleep, the 38-year-old even considered flying to Turkey or Armenia and making his way to them by land. But his family dissuaded him. 'You go through more stress if you live outside,' he explained. The Israel-Iran ceasefire, announced on Tuesday by United States President Donald Trump, brought relief to Mohandesi and the artist. But the two differed vastly on what had led their country to the brink. Their differences shed light on the schism in Iranian society. 'Is this karma?' asked Mohandesi as he walked to his clinic in Bengaluru on Monday. He was referring to the air strikes carried out by the US on three of Iran's nuclear sites the previous day. Though the US has justified its attack by alleging that Iran was on the verge of producing nuclear weapons, the International Atomic Energy Agency has found nothing to support this claim. The surgeon, however, was clear that Iran's nuclear programme and the ideology supposedly underpinning it was to blame for its current predicament. 'For 45 years, they have been saying down with this country or that,' he added. 'What else did they expect?' Soon after the Islamic Revolution of 1979, Iran locked horns with the US, which had allowed Mohammad Reza Pahlavi, the deposed Shah, to visit America for medical treatment. While the monarch did not live for very long, the feud between the two countries has lasted ever since. Mohandesi argued that the bitterness between Iran and the US had done no good to his homeland. He came to India in 1985 to study medicine and stayed on after falling in love with a college junior – a woman from Guwahati. The couple decided to build their lives together in Bengaluru. Living in the Silicon Valley of India gave Mohandesi a ringside view of India's unfolding growth story even as Western sanctions were impeding the economic trajectory of his own country. Now, he wanted Tehran to hold a referendum on continuing its nuclear programme. 'Our Constitution says that in difficult situations you must go to the people,' he reasoned. The artist, on the other hand, dismissed all talk about nuclear weapons as eyewash. The US, in his view, was making a 'power play' in West Asia by attacking Iran. 'The world is an unfair place,' he said. He first came to India over two decades ago with his parents, who had found work here. While they returned to Iran a few years later, he chose to stay because he was in the middle of college. Over time, he found himself drawn to the world of Indian arts, which he likened to the environment he grew up in back home in Iran. 'If Iran is my father, India is my mother,' he joked. He made it clear, though, that the nostalgia had not made him a regime apologist. He was critical of its economic policies, particularly the state of the Iranian Rial, its currency. Still, he appreciated the advances that his country had made in areas such as 'defence and medicine' since the revolution. 'Things don't happen overnight,' he contended. 'Sometimes, it takes one or two generations.' In recent years, Iran has been rocked by women-led protests, most notably against compulsory veiling. In December, the country was considering the promulgation of a law which proposed death penalty for women refusing to veil themselves. But the artist held the protests as proof of democracy deepening in the country. The one thing that the artist as well as the surgeon agreed on was the need for political reform in Iran. Both hoped that the recently concluded war would be a 'wake-up call' for the regime. 'I hope the regime sees that most people backed the country,' the artist said. Mohandesi was less optimistic. He remembered having voted for the reformists in the elections of 1997 and 2001 only to be eventually disappointed by them. 'I thought something would happen,' he recalled. 'But the system is very rigid. It just does not give in.' Here is a summary of the week's other top stories. India's stance at the SCO. India did not sign a joint statement at the Shanghai Cooperation Organisation Defence Ministers' meeting as the document did not reflect New Delhi's position against terror. The Ministry of External Affairs said that New Delhi 'wanted concerns and terrorism reflected in the document, which was not acceptable to one particular country'. The statement reportedly did not contain references to the Pahalgam terror attack on April 22 that killed 26 persons. At the organisation's meeting in China, Defence Minister Rajnath Singh said that New Delhi had launched Operation Sindoor in response to the Pahalgam attack. India exercised its right to defend against terrorism and pre-empt as well as deter further cross-border attacks, said the minister. Free and fair polls. Alleging that 'vote theft' took place during the Maharashtra Assembly elections in November, Congress leader Rahul Gandhi demanded the immediate release of machine-readable digital voter rolls and security camera footage. The leader of Opposition in Lok Sabha made the statements after Newslaundry reported that Maharashtra Chief Minister Devendra Fadnavis' constituency saw an 8% increase in voters between the Lok Sabha elections, held in May and June 2024, and the Assembly polls in November. Gandhi has frequently demanded access to voter lists, polling data and election footage, alleging irregularities. His statements on Tuesday came days after the Election Commission wrote to him saying all polls are held strictly as per laws passed by Parliament. Former CM booked. The police in Andhra Pradesh's Guntur district filed a first information report against former Chief Minister YS Jagan Mohan Reddy and several of his aides over the death of a 65-year-old man during a YSR Congress Party rally on June 18. Guntur District Superintendent of Police S Satish Kumar said the man Cheeli Singaiah died after being run over by a vehicle in which Jagan Mohan Reddy was travelling during the rally. Besides Jagan Mohan Reddy, the FIR names his driver Ramana Reddy, personal assistant Nageswar Reddy, MP YV Subba Reddy and former ministers Perni Nani and Vidadala Rajini. All of them were reportedly in the vehicle that ran over Singaiah. interim protection from arrest till July 1. Also on Scroll this week Follow the Scroll channel on WhatsApp for a curated selection of the news that matters throughout the day, and a round-up of major developments in India and around the world every evening. What you won't get: spam.