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Day 27 of Iran War: Trump Asserts Talks Underway as War Continues
The US-Israeli war on Iran shows no sign of abating, with attacks growing more intense even as US President Donald Trump asserts that peace talks are underway, a claim Tehran has denied.
Trump has asserted that Iranian leaders want a deal but fear internal backlash, and the White House has warned it is prepared to “unleash hell” if Iran refuses a resolution.
Markets continue to react. Oil prices are climbing once more amid fading hopes of de-escalation, while analysts warn the war could disrupt global...
Day 17 of Iran War: US Allies Decline Trump's Request to Send Ships to Strait of Hormuz
On the 17th day of the US-Israeli war on Iran, Israel launched a fresh wave of airstrikes on Tehran. Iranian officials dismissed US claims of truce talks, emphasizing readiness to defend the country.
Amid rising tensions in the Gulf region, Iran’s Foreign Minister Abbas Araghchi says the Strait of Hormuz “is open, but closed to our enemies, to those who carried out this cowardly aggression against us and to their allies”.
US President Donald Trump is pushing allies to form a coalition to secure the Strait of Hormuz, while Japan and Australia have said...
FMI Statement on January CPI Food Price Numbers
Today, FMI – The Food Industry Association commented on the January Consumer Price Index (CPI) numbers from the U.S. Bureau of Labor Statistics (BLS), which show a 0.2% rise in food-at-home prices for January and a 2.1% increase over the last 12 months. FMI Vice President of Tax, Trade, Sustainability and Policy Development Andy Harig offered the following statement.
“Today’s CPI data is welcome news from the spike we saw in December and suggests that food price inflation continues to moderate, albeit on an uneven path toward the Federal Reserve’s 2% target. While categories like cereals and bakery products, animal...
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