US-Iran talks continue, but ‘deal unlikely’ before midterm elections
The US and Iran are talking through mediators, but there are major differences over what a deal should look like.
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The US and Iran are talking through mediators, but there are major differences over what a deal should look like.
Iranian President Masoud Pezeshkian says his country is ready to resume talks about ending the near seven-month conflict with the US but will not respond to threats. In an address to the United Nations General Assembly in New York on Wednesday, Pezeshkian also said the Islamic Republic won’t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place. Bloomberg's Paul Wallace has the details. (Source: Bloomberg)
The day began with Donald Trump threatening to annihilate Iran but ended with a three-hour meeting between US and Iranian mediators, which Trump described as “very good.” Trump also held a high-level meeting with Ukrainian President Volodymyr Zelensky, with both sides saying they wanted the war in Ukraine to end before winter. Today, as the UN General Assembly continues, Zelensky and Iranian President Masoud Pezeshkian are among those expected to address the assembly, as world leaders seek ways to end the two conflicts dominating international politics. First, Morgan Ayre reports on the latest developments in the Middle East.
The talks are the first since a ceasefire collapsed in June, with the sides exchanging fire intermittently.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Qatar’s Foreign Ministry spokesperson tells Bloomberg that mediators are shuttling between Iran and US to revive talks.
South Korean president will facilitate US-North Korea talks but will not deploy troops in US war on Iran.
Mozambique and Senegal’s eurobonds are topping returns across emerging markets, spurred by progress in talks with the International Monetary Fund over new programs.
The next round of talks between Israel and Lebanon, mediated by the US, has been postponed.
The visit assumes significance as it comes amid a sudden spike in overall tensions in West Asia following the U.S. slapping new punitive economic measures against Iran
China and the US have ended a two-year break in command-level contact with a meeting in Canada between the top PLA officer overseeing the Taiwan Strait and his US Pacific counterpart. Chinese General Yang Zhibin, commander of the Eastern Theatre Command, and US Admiral Samuel Paparo met for the first time at the Indo-Pacific Chiefs of Defence Conference in Victoria, British Columbia, on Monday. The US command said on Friday that Yang and Paparo discussed the importance of maintaining open lines...