Iran: U.S. cannot ‘expect to stay safe’

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Iran: U.S. cannot ‘expect to stay safe’

Rouhani met with Foreign Minister Heiko Maas just after a joint press conference between Iranian foreign minister Mohammad Javad Zarif and his German

Turkish consumer confidence index up in June
Turkey’s Central Bank lowers interest rates 425 bps
EMERGING MARKETS-Stocks, currencies fall as Fed rate-cut outlook scaled back

Rouhani met with Foreign Minister Heiko Maas just after a joint press conference between Iranian foreign minister Mohammad Javad Zarif and his German counterpart. Maas’s visit to Tehran is part of European efforts to save the historic 2015 nuclear deal with Iran, and ease heightened tensions with the United States. The U.S. pulled out of the deal over a year ago, and […] a Duramax 3.0-liter inline-six diesel engine as an option for the 2020 Silverado 1500. This means all three competitors in the hotly contested half-ton-pickup segment-the others, of course, being the Ford F-150 and the Ram 1500-will offer a 3.0-liter six-cylinder turbo-diesel option in the 2020 model year. The new Chevy engine produces an impressive 460 lb-ft of torque, but the recently upgraded 2020 Ram Ecodiesel is back on top with 480 lb-ft of torque, although the Chevy’s 277 horsepower still trumps the Rams 260 horsepower.

While Mexico averted the start of new tariffs, Washington’s campaign to shake up trade agreements worldwide is still wreaking havoc on global economies. “Broadly we remain constructive on emerging-market debt,” said Paul Greer, a London-based money manager at Fidelity International, whose emerging-market debt fund has outperformed 97% of peers this year after reducing risk in the first quarter. Rate DecisionsRussia’s central bank Governor Elvira Nabiullina said policy makers may reduce interest rates for the first time in a year at their meeting on FridayTraders have boosted wagers for rate cuts to the highest in more than a yearThe Turkish central bank is due to set rates on Wednesday.Pharmaceutical company Insys Therapeutics filed for Chapter 11 bankruptcy protection Monday less than a week after pleading guilty to federal fraud charges and agreeing to pay $225 million to resolve allegations tied to its addictive opioid painkiller. Insys said it plans to use the bankruptcy process to arrange a sale of its assets that would allow it to continue operating. After conducting a thorough review of available strategic alternatives, we determined that a court-supervised sale process is the best course of action to maximize the value of our assets and address our legacy legal challenges in a fair and transparent manner,” Insys CEO Andrew Long said in a statement.The Trump administration is again changing the way it vets people who want to sponsor minors who crossed the U.S.-Mexico border alone in an effort to speed up the release of thousands of migrant […]

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