Iran Issues 10 Million Rial Banknote Amid Soaring Inflation

Google Deepens Anthropic Bet With Up To $40 Billion Investment The AI funding frenzy continues, with Google planning to invest $10 billion in Anthropic at a $350 billion valuation, deepening its relationship with the San Francisco-based AI company best known for building Claude. Bloomberg reports that Google's deal with Anthropic includes an initial $10 billion investment at a $350 billion valuation, with the potential for another $30 billion if certain performance milestones are achieved. That would bring the potential deal size to as much as $40 billion. Part of the deal includes...

The Middle Corridor Emerges As A Strategic Lifeline For Global Trade Via RFE/RL, Global trade is shifting away from vulnerable maritime chokepoints toward overland routes like the Middle Corridor amid rising geopolitical instability A $3.3 billion World Bank-backed investment push aims to address infrastructure gaps and unlock the corridor’s long-term potential While promising, the route still faces major capacity and coordination constraints before it can rival established northern trade flows While diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being...

Iran Offers New Proposal To Reopen Strait - Trump Open To Sealing Deal Via Phone Summary After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue  Trump says peace could come via telephone rather than face-to-face meetings Iranian FM has been sending written messages to US via Pakistani intermediaries  Iranian Foreign Minister Araghchi visits Russia for talks with President Putin Trump says Iranian oil infrastructure could explode from within unless flow resumes Iran Offers New Path To Opening Strait Running a little ahead of schedule, Sunday...