Latest news with #Russia-Iran
India.com
3 days ago
- Politics
- India.com
Russian president Putin shocks everyone with two massive steps in a day, Trump will be both happy and sad because…, Iran will now…
Russian president Putin shocks everyone with two massive steps in a day, Trump will be both happy and sad because…, Iran will now… In two massive developments impacting the geopolitical world, Russian President Vladimir Putin surprised everyone by taking two steps simultaneously. Media reports have it that the Russian President h By Abhijeet Sen Edited by Abhijeet Sen Advertisement Russian President Putin and Donald Trump In two massive developments impacting the geopolitical world, Russian President Vladimir Putin surprised everyone by taking two steps simultaneously. Media reports have it that the Russian President has on one hand, agreed to hold peace talks to end the Ukraine war, and on the other hand, he has held a surprise meeting with Iran's Supreme Leader Ayatollah Ali Khamenei's top nuclear advisor Ali Larijani on Tehran's nuclear program. Here are all the details you need to know about the two significant developments between Iran, Russia and US. On the meeting with Ali Larijani on Sunday, Kremlin spokesman Dmitry Peskov said that it was an unannounced meeting in which Larijani shared with the Russian president his 'assessment of the deteriorating situation in the Middle East and the Iranian nuclear program.' Advertisement === What was decided in Russia-Iran secret talk? In the recent development, it has been reported that Kremlin spokesman Dmitry Peskov said on the meeting with Ali Larijani that it was an unannounced meeting in which Larijani shared with the Russian president regarding Putin's 'assessment of the deteriorating situation in the Middle East and the Iranian nuclear program.' Ukrainian President Volodymyr Zelensky proposes fresh talks with Russia In the recent development, Ukrainian President Volodymyr Zelensky has said that Kyiv has proposed to hold a new round of peace talks with Moscow next week. Notably, Rustem Umerov, who headed the Ukrainian delegation in the previous two talks in Istanbul, had sent the Russian side the offer to hold the meeting next week, Zelensky said in his recent address to the nation as per a report by IANS news agency. Advertisement === 'The momentum of the negotiations must be stepped up,' Zelensky said. 'Everything should be done to achieve a ceasefire.' Russia rejects US President's 50-day ultimatum In response to Trump's statement, Russia rejected US President's 50-day ultimatum to agree to a Ukraine ceasefire, dismissing the threat of 'severe tariffs' as unacceptable. Russian Deputy Foreign Minister Sergey Ryabkov emphasised that Moscow favours a diplomatic resolution to the Ukraine conflict and is ready to negotiate. (With inputs from agencies)
Mint
16-07-2025
- Business
- Mint
Gold's next big move? InCred Equities forecasts $5,000 target on central banks' buying spree
Central banks, the major force behind the unprecedented rally in gold prices in recent years, are likely to continue their buying streak in the coming months and years. Analysts believe this could support the yellow metal in staying at elevated levels, with prices currently hovering around $3,335 per troy ounce in the international market. Central banks worldwide are increasingly viewing gold as an alternative reserve to the US dollar, especially as the dollar is being used more frequently as a geopolitical tool, most notably through sanctions, asset freezes, and trade restrictions, which has accelerated the search for alternatives, and gold has emerged as a suitable option. The world's dependence on the US dollar has been a cornerstone of the global financial system for nearly eight decades. However, domestic brokerage firm InCred Equities said that 'cracks in the foundation are widening and the process of de-dollarisation is no longer speculative.' According to the brokerage, countries like China, Russia, and Iran have clear strategic reasons to reduce their dollar exposure. Even allies now quietly acknowledge the need to hedge against future US policy shifts. 'As global trade flows become more diversified, the reliance on a single currency is increasingly seen as inefficient and risky. Cross-border trade in yuan, dirhams, roubles, and rupees is growing—not yet at scale, but fast enough to signal a change,' InCred added. The brokerage also noted that 'central banks are buying gold at record levels' and pointed to bilateral agreements such as 'India-UAE, China-Brazil, and Russia-Iran' experimenting with local currency settlements. 'Nevertheless, the US dollar remains the king in FX markets and global reserves. But empires don't fall in a day. The British pound lost its crown slowly, over decades. The same path could await the dollar,' the note said. 'The erosion is gradual—until it's not. Whether it takes 10 years or 30, the direction is clear. The US fiscal position is deteriorating, and its politics are increasingly unstable. As confidence wanes, the world is ready with its plan B—i.e., islands of currency swaps and gold,' the brokerage underscored. According to the World Gold Council, central banks have accumulated over 1,000 tonnes of gold in each of the last three years, a significant increase from the 400–500-tonne average over the preceding decade. This surge in demand has contributed to a sharp rise in prices, with spot gold climbing from $1,828 to $2,624 over the past three calendar years. So far this year, it has even touched $3,500. Notably, gold gained $1,000 in just eight months, signaling sustained demand not only from central banks but also from other market participants. In addition, the recent survey conducted by the WGC showed that central banks are expecting a further expansion in gold reserves amid geopolitical and economic instability. Over 95% of reserve managers anticipate that central banks will continue to boost their gold holdings in the next 12 months, according to WCG. This is 17% higher than the findings of 2024. The survey also found that 43% of central banks are planning to increase their gold holdings within the next year. Interestingly, none of the WGC respondents anticipate a decline in their gold reserves. In recent years, several pivotal events have positioned gold as the preferred reserve asset for central banks. According to InCred, the first was the freezing of Russia's USD assets by the EU and the US, which exposed the vulnerability of fiat currency reserves. Secondly, the brokerage pointed to the decline of the yuan as a viable alternative reserve currency, owing to China's increasingly unpredictable policy environment. Most importantly, it cited US President-elect Donald Trump's warning that any move away from the dollar would be viewed as an attack on the currency. Trump cautioned that countries pursuing de-dollarization could face a 100% import tariff from the US. Meanwhile, traditional demand for gold remains strong, adding further fuel to its rally. 'Don't be surprised if gold touches US$5,000 per ounce in the near future,' the brokerage said. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Novaya Gazeta Europe
02-07-2025
- Politics
- Novaya Gazeta Europe
Trump rebuffs Moscow's offer to broker Israel-Iran deal, telling Putin to ‘mediate Russia first' — Novaya Gazeta Europe
US President Donald Trump said on Wednesday that he rejected an offer by Vladimir Putin for Moscow to help mediate the escalating conflict between Israel and Iran, telling the Russian leader instead that he should 'mediate Russia first'. 'I spoke to him yesterday [and] he actually offered to help mediate', Trump told reporters outside the White House. 'I said, 'Do me a favour — mediate your own. Let's mediate Russia first, okay?' I said 'Vladimir, let's mediate Russia first, you can worry about this later''. The last reported phone call between Trump and Putin took place on Saturday, when the two discussed what the Kremlin called the 'dangerously escalating situation' in the Middle East and Putin first offered Russia's support in 'possible mediation efforts' between Israel and Iran. Trump subsequently indicated on Sunday that he would be 'open' to Russia helping mediate the conflict before his comments on Wednesday suggested his stance had changed. Russia has publicly condemned Israel's attacks on Iran's nuclear and military infrastructure as 'unprovoked' and 'unacceptable', with Putin holding phone calls with both Israeli Prime Minister Benjamin Netanyahu and Iranian President Masoud Pezeshkian after Israel carried out surprise airstrikes on targets across Iran on Friday. Since then, the Russian leader has repeatedly stressed Moscow's readiness to act as a peacemaker in the conflict. Speaking to foreign reporters at the St. Petersburg International Economic Forum on Wednesday, Putin said Russia had presented its proposals to Israel, Iran and the US and believed it was possible to 'secure Iran's interests in the field of peaceful nuclear energy and at the same time to address Israel's concerns about its security'. 'We are not imposing anything on anyone — we are simply discussing how we see a possible way out of the situation', Putin said. 'But the decision, of course, lies with the political leadership of all these countries, primarily Iran and Israel'. Russia has long attempted to balance its relations with both Israel, which is home to a sizeable Russian immigrant community, and Iran, whose partnership with Moscow has deepened significantly since Russia's full-scale invasion of Ukraine in 2022. In January, Putin signed a broad cooperation pact with Pezeshkian to expand Russia-Iran ties across multiple sectors, including defence, while Tehran has since 2022 provided Moscow with thousands of Iranian-made Shahed kamikaze drones that Russia has used to carry out mass air strikes on Ukrainian cities.
South Wales Guardian
18-06-2025
- Politics
- South Wales Guardian
Trump will not say whether he will move forward with US strikes on Iran
'I may do it, I may not do it,' Mr Trump said in an exchange with reporters at the White House. 'I mean, nobody knows what I'm going to do.' Mr Trump added that it is not 'too late' for Iran to give up its nuclear programme as he continues to weigh direct US involvement in Israel's military operations aimed at crushing Tehran's options. 'Nothing's too late,' Mr Trump said. 'I can tell you this. Iran's got a lot of trouble.' 'Nothing is finished until it is finished,' Mr Trump added. But 'the next week is going to be very big — maybe less than a week'. Mr Trump also offered a terse response to Iran Supreme Leader Ayatollah Ali Khamenei's refusal to heed to his call for Iran to submit to an unconditional surrender. 'I say good luck,' Mr Trump said. Mr Khamenei earlier warned that any United States strikes targeting the Islamic Republic will 'result in irreparable damage for them' and that his country would not bow to Mr Trump's call for surrender. Mr Trump said on Tuesday the US knows where Iran's Mr Khamenei is hiding as the the Israel-Iran conflict escalates but does not want him killed — 'for now'. 'He is an easy target, but is safe there – We are not going to take him out (kill!), at least not for now,' Mr Trump said. In a video address to Israelis, Prime Minister Benjamin Netanyahu expressed appreciation for Mr Trump's support, calling him 'a great friend of Israel' and praising US help defending Israel's skies. 'We speak constantly, including last night,' Mr Netanyahu said on Wednesday. 'We had a very warm conversation.' Mr Trump's increasingly muscular comments toward the Iranian government come after he urged Tehran's 9.5 million residents to flee for their lives as he cut short his participation in an international summit earlier this week to return to Washington for urgent talks with his national security team. Mr Trump said that the Iranian officials continue to reach out to the White House as they are 'getting the hell beaten out of them' by Israel. But he added there is a 'big difference between now and a week ago' in Tehran's negotiating position. 'They've suggested that they come to the White House — that's, you know, courageous,' Mr Trump said. Iran's mission to the United Nations refuted Mr Trump's claim in a statement on social media. 'No Iranian official has ever asked to grovel at the gates of the White House. The only thing more despicable than his lies is his cowardly threat to 'take out' Iran's Supreme Leader.' The US president said earlier this week Russian president Vladimir Putin offered to serve a mediator with. But Mr Trump said he told Mr Putin to keep focused on finding an endgame to his own conflict with Ukraine. 'I said, 'Do me a favour, mediate your own',' Mr Trump said he told Mr Putin. 'I said, 'Vladimir, let's mediate Russia first. You can worry about this later'.' The Russia-Iran relationship has deepened since Mr Putin launched a war on Ukraine in February 2022, with Tehran providing Moscow with drones, ballistic missiles, and other support, according to US intelligence findings.
North Wales Chronicle
18-06-2025
- Politics
- North Wales Chronicle
Trump will not say whether he will move forward with US strikes on Iran
'I may do it, I may not do it,' Mr Trump said in an exchange with reporters at the White House. 'I mean, nobody knows what I'm going to do.' Mr Trump added that it is not 'too late' for Iran to give up its nuclear programme as he continues to weigh direct US involvement in Israel's military operations aimed at crushing Tehran's options. 'Nothing's too late,' Mr Trump said. 'I can tell you this. Iran's got a lot of trouble.' 'Nothing is finished until it is finished,' Mr Trump added. But 'the next week is going to be very big — maybe less than a week'. Mr Trump also offered a terse response to Iran Supreme Leader Ayatollah Ali Khamenei's refusal to heed to his call for Iran to submit to an unconditional surrender. 'I say good luck,' Mr Trump said. Mr Khamenei earlier warned that any United States strikes targeting the Islamic Republic will 'result in irreparable damage for them' and that his country would not bow to Mr Trump's call for surrender. Mr Trump said on Tuesday the US knows where Iran's Mr Khamenei is hiding as the the Israel-Iran conflict escalates but does not want him killed — 'for now'. 'He is an easy target, but is safe there – We are not going to take him out (kill!), at least not for now,' Mr Trump said. In a video address to Israelis, Prime Minister Benjamin Netanyahu expressed appreciation for Mr Trump's support, calling him 'a great friend of Israel' and praising US help defending Israel's skies. 'We speak constantly, including last night,' Mr Netanyahu said on Wednesday. 'We had a very warm conversation.' Mr Trump's increasingly muscular comments toward the Iranian government come after he urged Tehran's 9.5 million residents to flee for their lives as he cut short his participation in an international summit earlier this week to return to Washington for urgent talks with his national security team. Mr Trump said that the Iranian officials continue to reach out to the White House as they are 'getting the hell beaten out of them' by Israel. But he added there is a 'big difference between now and a week ago' in Tehran's negotiating position. 'They've suggested that they come to the White House — that's, you know, courageous,' Mr Trump said. Iran's mission to the United Nations refuted Mr Trump's claim in a statement on social media. 'No Iranian official has ever asked to grovel at the gates of the White House. The only thing more despicable than his lies is his cowardly threat to 'take out' Iran's Supreme Leader.' The US president said earlier this week Russian president Vladimir Putin offered to serve a mediator with. But Mr Trump said he told Mr Putin to keep focused on finding an endgame to his own conflict with Ukraine. 'I said, 'Do me a favour, mediate your own',' Mr Trump said he told Mr Putin. 'I said, 'Vladimir, let's mediate Russia first. You can worry about this later'.' The Russia-Iran relationship has deepened since Mr Putin launched a war on Ukraine in February 2022, with Tehran providing Moscow with drones, ballistic missiles, and other support, according to US intelligence findings.
