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US-Iran War Live Updates |
Economic concerns are rising worldwide as the prospect of the war coming to an end has grown dimmer with both sides distant on several issues, including Iran's nuclear programme.
The already fragile ceasefire is teetering, with US President Donald Trump saying it is on ‘life support'. Iran has expressed combat readiness. Its parliament speaker, Mohammad Bagher Ghalibaf, has said Tehran is ready to respond to “any aggression” and could leave the US “surprised”.
Meanwhile, President Trump is drumming up his visit to Beijing, the first in nearly a decade since his last visit in 2017, to meet his Chinese counterpart, President Xi Jinping. How much of the Iran war figures their talk or to what extent China presses Trump over it, will be closely watched, though analysts do not hold much hope for it.
“It is unlikely that Xi is going to let his meeting with Trump in Beijing get derailed by discussions on Iran. In fact, there is enough that pertains to sustaining technology trade and talent exchanges between China and the US, that will occupy the discussions at the Summit,” Anushka Saxena of The Takshashila Institute told CNBC-TV18.
Meanwhile, Indian Prime Minister Narendra Modi has called on citizens of the major economy to step up for the nation and avoid gold purchases in one of the moves to prevent the Indian rupee's freefall. He's also asked them to brave the economic pressures by conserving energy, cutting fuel use, and adopting electric mobility, and switching to remote working to ease economic pressure.
Follow along as we bring you the latest news and analysis on developments in the West Asia war and how the world reacts to it.
The already fragile ceasefire is teetering, with US President Donald Trump saying it is on ‘life support'. Iran has expressed combat readiness. Its parliament speaker, Mohammad Bagher Ghalibaf, has said Tehran is ready to respond to “any aggression” and could leave the US “surprised”.
Meanwhile, President Trump is drumming up his visit to Beijing, the first in nearly a decade since his last visit in 2017, to meet his Chinese counterpart, President Xi Jinping. How much of the Iran war figures their talk or to what extent China presses Trump over it, will be closely watched, though analysts do not hold much hope for it.
“It is unlikely that Xi is going to let his meeting with Trump in Beijing get derailed by discussions on Iran. In fact, there is enough that pertains to sustaining technology trade and talent exchanges between China and the US, that will occupy the discussions at the Summit,” Anushka Saxena of The Takshashila Institute told CNBC-TV18.
Meanwhile, Indian Prime Minister Narendra Modi has called on citizens of the major economy to step up for the nation and avoid gold purchases in one of the moves to prevent the Indian rupee's freefall. He's also asked them to brave the economic pressures by conserving energy, cutting fuel use, and adopting electric mobility, and switching to remote working to ease economic pressure.
Follow along as we bring you the latest news and analysis on developments in the West Asia war and how the world reacts to it.
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