The American Times News | Economy, Geopolitics, Calculators

President Donald Trump has said the US-Iran war will end immediately after November 3 midterm elections, offering his clearest timetable yet for a conflict now in its seventh month. Speaking September 9, Trump said Iran was trying to influence American election but would not withstand continued US economic pressure. He said oil prices should fall after war ends, while acknowledging negotiations remain possible though Washington is not pursuing them as preferred option.[Reuters] Statement comes at politically and strategically difficult moment. Fighting intensified around Strait of Hormuz, Iran claimed attacks on 10 vessels after US destroyed five Iranian oil tankers, Brent above $100. At same time senior advisers privately warned conflict could last much longer, potentially through remainder of his presidency. Reuters reported Vice President JD Vance and Secretary of State Marco Rubio among officials who raised that possibility with president.Reuters Contrast between public prediction ...

  Pakistan has returned to international capital markets with its largest-ever single international bond transaction, raising $3 billion through a Eurobond , while the United States has released a new $1 coin featuring President Donald Trump. The two developments are not directly connected, but they highlight different aspects of a financial system in which the U.S. dollar continues to play a central role in international borrowing, reserves and investment. Pakistan's $3 billion Eurobond was issued in two tranches and attracted almost $6 billion in investor orders, according to Pakistan's Finance Ministry. The strong demand comes after years of financial pressure during which Islamabad faced difficult external financing conditions and limited access to global bond markets. Meanwhile, the Trump dollar coin has introduced an unusual political and historical element into U.S. coinage during the country's 250th-anniversary year. (Dawn) The significance of the two developments...

Six months after the United States and Israel launched their war against Iran, Supreme Leader Mojtaba Khamenei has used a written message to urge Muslim countries — particularly Gulf states — to unite against what he described as their “real enemy.” The message comes at a moment when Iran remains locked in a prolonged confrontation, the Strait of Hormuz is disrupting global energy flows and the economic consequences of the war are being distributed very unevenly, with households and travelers absorbing higher costs while some investors and defense-related businesses have benefited. (Reuters)  Khamenei's August 30 message was issued for Islamic Unity Week and marked his first major public statement of this kind since he was injured in the February 28 U.S.-Israeli strikes that killed his father, former Supreme Leader Ayatollah Ali Khamenei. He called for greater cooperation and mutual defense among Muslim states and questioned whether the suffering of Palestinians could have been red...

The confrontation between Washington and Tehran is entering a more economically intense phase as the Trump administration prepares a new package of sanctions against Iran and warns countries that continue providing Tehran with an economic lifeline. U.S. Treasury Secretary Scott Bessent said on August 20 that Washington would impose what he called the “toughest sanctions in history,” with further details expected at a Treasury press conference on Monday, August 24. President Donald Trump has also threatened economic consequences for countries that continue supporting Iran. Reuters — U.S. sanctions strategy against Iran Iran has rejected the campaign and warned that additional pressure could provoke a severe response. At the same time, the sanctions threat is arriving while oil flows through the Strait of Hormuz remain heavily disrupted, Iranian crude exports are under pressure and financial markets are already reacting to elevated geopolitical and inflation risks. The result is a crisi...