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US-Iran Nuclear Deal

 


 

Negotiators from the US and Iran held "constructive" talks on Iran's nuclear program, marking the first direct contact between the Trump administration and Iranian officials. Further meetings are scheduled for next week.
 
In a significant development in nuclear diplomacy, delegations from Iran and the United States concluded "constructive" talks in Oman, mediated by Oman's Foreign Minister Badr Al Busaidi. The discussions, primarily indirect with messages relayed between separate rooms, marked the first direct contact between an Iranian official and a representative of the Trump administration, Middle East envoy Steve Witkoff. A brief direct exchange occurred between the delegation heads in the presence of the Omani minister as the meeting ended. Iran’s state-run IRNA news agency reported a positive atmosphere of mutual respect, with both sides expressing a desire to reach an agreement swiftly, scheduling the next round of talks for April 19 in Oman.

The talks carry high stakes amid escalating tensions, with President Trump issuing a two-month deadline for Iran to accept a deal to significantly reduce or eliminate its nuclear program, threatening military action led by Israel if no agreement is reached. Iran, however, has firmly rejected negotiations under pressure, outlining "red lines" that include no threats, excessive demands on its nuclear program, or restrictions on its defense industry, particularly its ballistic missile program. The backdrop includes Iran’s weakened regional influence due to Israeli strikes on its proxies, the fall of Syria’s Bashar al-Assad, and attacks within Iran’s borders, intensifying the urgency of the negotiations.

The discussions aim to forge a new nuclear deal stronger than the 2015 Joint Comprehensive Plan of Action (JCPOA), from which Trump withdrew in 2018, criticizing it as flawed. While Trump emphasizes preventing Iran from acquiring nuclear weapons, specifics of the proposed deal remain vague. U.S. officials may push for dismantling Iran’s entire nuclear program, including its civilian energy component, a demand Iran rejects as an attempt to undermine its sovereignty. Iranian Foreign Minister Araghchi indicated progress toward a negotiation framework, but Tehran insists on retaining its rights under UN nuclear treaties, setting the stage for complex and contentious follow-up talks.

 

Helicopter Crash Hudson River

This image is for illustration purpose only.

 

A tragic helicopter crash in the Hudson River on Thursday killed six people, including a Spanish family of five and the pilot. The crash has raised concerns about the safety of sightseeing helicopter tours in New York City, prompting calls for stricter regulations.

 A tragic helicopter crash in New York’s Hudson River claimed the lives of five members of a prominent Spanish family, including Agustín Escobar, Mercè Camprubí Montal, and their three young children, aged four, five, and eleven, along with the pilot. The family, based in Barcelona but with roots in Puertollano, southern Spain, was on a sightseeing tour when the accident occurred. Both parents held senior roles at Siemens, with Agustín recently appointed CEO of rail infrastructure at Siemens Mobility and Mercè serving as a global commercialisation manager, prompting heartfelt condolences from the company.

Agustín Escobar and Mercè Camprubí Montal were seasoned professionals with extensive international careers at Siemens, spanning postings in Latin America and the United States. Agustín, who described himself as passionate about transforming teams and organizations, had a 27-year tenure with the company, while Mercè, with 16 years at Siemens, thrived in collaborative global settings. Their professional achievements were matched by their personal warmth, with colleagues remembering Agustín as a devoted and fun-loving family man, deeply admired in both corporate and community circles.

The family’s legacy extended beyond business into the cultural fabric of Barcelona, particularly through Mercè’s ties to FC Barcelona. Her great-grandfather and grandfather both served as presidents of the iconic football club, with her grandfather’s tenure notably marked by the signing of Johan Cruyff in 1973. Mercè’s brother, Joan, had recently been a contender for the club’s presidency, though his campaign lost momentum. The deaths sent shockwaves through Spain, with regional leaders like Emiliano García-Page mourning Agustín, a “favourite son” of Castilla-La Mancha, underscoring the profound loss of a family that left an indelible mark on both global industry and local heritage.

 

U.S. Stock Declines Again

 

 

On April 10, 2025, U.S. stocks and the dollar experienced a sharp decline as the initial euphoria over President Donald Trump's 90-day pause on higher tariffs faded, giving way to lingering concerns about ongoing trade uncertainties. The S&P 500 dropped over 3% after a massive relief rally the previous day, triggered by Trump’s decision to temporarily lower tariffs on many countries while maintaining a 10% universal tariff and increasing duties on Chinese imports to a staggering 145%. Investors grew wary as analysts warned that the pause did little to resolve the broader unpredictability of Trump’s trade policies, with some predicting sustained economic fallout. Meanwhile, gold prices surged to a record high of $3,193.80, reflecting heightened market anxiety, as the U.S. appeared locked in an escalating trade war with China, casting a shadow over global financial stability.


U.S. Tariffs reaction by China

 

In response to U.S. tariff actions, China has raised its levies on U.S. imports to 84%, effective recently, while the EU has put counter-tariffs on hold for 90 days following the U.S. pause, as reported on April 10, 2025. These moves signal ongoing global trade tensions.