The Trump administration announced new Iran sanctions, with Treasury Secretary Scott Bessent making the announcement Monday. President Trump has framed the move as an "Economic D-Day" aimed at breaking the stalemate with Iran and stepping up financial pressure to end the six-month war. Questions remain over how the sanctions will be implemented, and decades of prior sanctions have done little to change Iran's behavior. Canada is separately set to announce retaliatory tariffs against the U.S.
NYTimes – US Treasury Secretary Scott Bessent's announcement Monday on Iran sanctions has raised questions over how they might be implemented. Meanwhile, Canada is set to announce retaliatory tariffs against the U.S. Weijia Jiang has the latest.
Treasury Secretary Scott Bessent's announcement Monday on Iran sanctions has raised questions over how they might be implemented. Meanwhile, Canada is set to announce retaliatory tariffs against the U.S. Weijia Jiang has the latest.
NYTimes – US President Trump’s “Economic D-Day” is intended to break the stalemate with Iran. But decades of sanctions have done little to change the country’s behavior.
The Trump administration has struggled to find an exit ramp to the war against Iran. Now, it is trying to step up the financial pressure instead by introducing new sanctions to end the six month war.
NPR – World Flash floods along the Nepal-Tibet border have killed at least 543 people—538 in Nepal and five in Tibet—with more than 1,500 still missing, according to the latest reports. The floods, triggered by a massive glacial collapse in the Himalayas on Wednesday, swept away roads, bridges and villages. Rescue operations resumed but were halted in Tibet after a newly formed barrier lake raised fears of a second flood.
NYTimes – US President Donald Trump signed an executive order renaming Lake Ontario as "Lake America." The move came amid an escalating U.S.-Canada trade dispute, with Trump criticizing Canada for treating the U.S. badly and trade talks between the nations having collapsed the previous week.
NYTimes – US Jurors began deliberations in the murder trial of Lindsay Clancy, a former labor and delivery nurse accused of killing her three children in January 2023. Clancy has pleaded not guilty to three counts of first-degree murder. Her defense argues postpartum psychosis made her not criminally responsible, while prosecutors accused her of "extreme atrocity and cruelty."
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