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The Latest Breaking News from Iran

UK wage growth slows and unemployment rate rises as companies react to Iran war – as it happened

Jobless rate unexpectedly rises to 5% and employment falls by 100,000, biggest drop in six years; economists say June interest rate hike looks less likely

The Guardian - UK

FED:Aussie shares rebound after Trump postpones new attack

The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.

AAP

Newsletter: Europe braces for a more hostile economic order

Also in this newsletter: NATO military chiefs meet in Brussels amid concerns over weapons shortages.

Euronews

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UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

Pay growth eases to 3.4% as businesses face pressure from soaring energy costs

The Guardian - UK

AAP Rolling News Bulletin May 19, 1630

AAP Rolling News Bulletin for May 19 at 1630

AAP

India vows to keep purchasing Russian oil, US ‘waiver or no waiver’

India’s imports from Russia has hit record levels driven by the disruption of Middle Eastern supplies from the Iran war

The Independent UK

Putin visits China after Trump trip fails to shift Xi on Ukraine

Russian President Vladimir Putin was in China on Tuesday for a two-day state visit, just days after Donald Trump completed a closely watched trip to Beijing that produced headlines on trade but no clear breakthrough on Ukraine or Iran.

Radio France Internationale

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The UAE's economy and image as Mideast haven are tested by war

The United Arab Emirates for decades advertised itself as a haven for business in the Middle East

The Independent UK

AAP Rolling News Bulletin May 19, 1600

AAP Rolling News Bulletin for May 19 at 1600

AAP

Indians may be roaming closer to home because of a war far away

India Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve foreign exchange, and reduce the import bill amid the West Asia crisis. Industry experts anticipate a surge in local travel, benefiting airlines, hotels, and tour operators. This…

The Economic Times

AAP Rolling News Bulletin May 19, 1530

AAP Rolling News Bulletin for May 19 at 1530

AAP

NATO military chiefs meet as Iran war depletes alliance's arsenal

NATO allies are increasingly concerned that the US's massive campaign in Iran is starting to constrain their supplies of top-grade weapons, including interceptors. A meeting of the alliance's military chiefs Tuesday will discuss the urgent need to ramp up weapons production at scale.

Euronews

Diet Coke break: Why your favourite fizz could be disappearing from shelves

LET’S UNPACK THAT: As shortages of the soft drink are reported in India and fans attend ‘Diet Coke parties’ to get their fix, Lydia Spencer-Elliott asks aluminium experts whether Gen Z’s beloved, so-called ‘fridge cigarette’ could go missing from UK stores

The Independent UK

AAP Rolling News Bulletin May 19, 1500

AAP Rolling News Bulletin for May 19 at 1500

AAP

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The Times of India

Iran plans €50 million bounty on 'gambler' Donald Trump, 'child-killer' Netanyahu for 'whoever sends them to hell' - report

Iran's parliament is considering hefty financial rewards for assassinating US President Trump and Israeli PM Netanyahu, escalating tensions after recent strikes. Lawmakers aim to formalize bounties, viewing these leaders as responsible for the death of Supreme Leader Khamenei. This move shifts threats from rhetoric to official parliamentary action, with warnings…

The Economic Times

The Ukraine war is changing. European allies' strategy must change too

Ukraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casualties, Ukraine grapples with recruitment and corruption. European allies must now develop a new strategy, independent of the US, to bolster Ukraine's military and societal defenses and offer a clear path to…

The Economic Times

Gold prices snap 2-day fall, silver at Rs 2.75 lakh/kg. What should you do amid Iran war uncertainty?

Gold prices rose while silver declined on MCX Tuesday as a weaker dollar and cooling crude oil prices influenced sentiment. Gold gained after U.S. President Donald Trump delayed a planned strike on Iran, easing concerns over oil supply disruptions and inflation.

The Economic Times

Global Market: Japan economy shows resilience but Iran conflict clouds outlook

Japan's economy showed strong growth in the first quarter, driven by exports and domestic demand. However, rising energy costs due to the Iran conflict pose a significant threat. This situation complicates the Bank of Japan's policy decisions. Higher fuel prices are increasing inflation and impacting household spending. The government is…

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The Economic Times

Trump's tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz

Donald Trump has struggled to secure concessions from Iran despite threats, military pressure and repeated deadlines tied to Tehran’s nuclear and regional policies. Trump on Monday said he had paused planned U.S. strikes at the request of Gulf Arab allies as “serious negotiations” were underway, while warning that military action…

The Economic Times

Sensex drops 114 points, Nifty below 23,650 as rupee hits fresh lifetime low; broader markets outperform

Indian markets ended lower on Tuesday as Sensex and Nifty erased early gains amid rupee weakness, even as volatility cooled. IT stocks outperformed while banking and FMCG names dragged indices. Broader markets stayed resilient, FIIs extended buying, and analysts highlighted key resistance levels amid persistent macro headwinds.

The Economic Times

How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networks

Iran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated transactions for sanctioned Iranian entities. Meanwhile, Sun and Binance, Zhao's exchange, backed Donald Trump's crypto firm. This highlights potential conflicts with U.S. policy amid ongoing tensions.

The Economic Times

Iran stock market to reopen today after 80-day closure amid US-Israel-Iran war

Iran's stock market reopens May 19 after an 80-day closure due to US-Israel conflict. While not a primary economic driver, its resumption offers insights into economic health and investor sentiment. Trading resumes with extended hours for major firms, aiming for transparency after market volatility and a significant internet shutdown.

France 24

Trump says US may hit Iran again, claims Tehran wants deal

US President Donald Trump said that the United States may need to attack Iran again and claimed that he had been only an hour away from deciding ‌on a fresh strike before he allegedly postponed the attack. Thousands of people have been killed in Iran, Lebanon and the wider Middle…

The Independent UK

Asian shares trade mixed and Kospi falls nearly 4% as oil prices keep swinging

Asian shares are mostly lower as uncertainty about what will happen with the Iran war roils global markets

The Independent UK

Iran-US war latest: Vance ‘not certain’ about peace deal as he warns US military ‘locked and loaded’ to resume strikes

The US president earlier said the military may launch “another big hit” on Tehran if a peace deal is not agreed

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