UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades

Iran Says 'No Deal' Will Materialize If US Insists On Enriched Uranium Handover Summary Iran Foreign Ministry says "no deal" will be reached if the US makes enriched uranium handover demand (Al Jazeera). Rubio confirms that there's been no deal and that "we're not there yet" - amid broader late morning pushback against morning optimistic, premature headlines. Saudi sources report Pakistan army chief & a Qatar delegation en route to Tehran, after which Field Marshal Munir arrives - calls trip 'last ditch effort' to avert war. Influential Iranian parliament member threatens 'preemptive' military action if preparations & movements by US...

China Wants Iran War End, Pushes 'Immediate' Hormuz Reopening During Araghchi Visit Ahead Of Trump-Xi Summit Iranian foreign minister Abbas Araghchi is currently in Beijing meeting with his Chinese counterpart, FM Wang Yi, and the timing of the visit sends a resounding message to Washington and the West. The highly anticipated Trump-Xi meeting is still scheduled for next week, expected for May 14-15, though there has been ample speculation the ongoing events of the unpredictable Iran war and Hormuz Strait crisis could derail the trip at the last minute. Of course,...

Iran fired missiles at Israel in response to the IDF bombing Beirut.  “The Islamic Republic of Iran has repeatedly stated that it will not tolerate violations of the ceasefire and aggression against Lebanon. Tonight, the aggressors received their response,” Mohsen Rezaee, the military adviser to Iran’s supreme leader, wrote on X. “This response is a […]