World
Trump says US to hold nuclear talks with Iran next week
U.S. President Donald Trump said on Wednesday he would likely seek a commitment from Iran to end its nuclear ambitions at talks next week and credited U.S. strikes on Iran with bringing a swift end to the war between Israel and Tehran.
Trump said his decision to unleash huge bunker-busting bombs in Sunday’s attack had devastated Iran’s nuclear program and called the outcome “a victory for everybody”, Reuters reported.
“It was very severe. It was obliteration,” he said, shrugging off an initial assessment by the U.S. Defense Intelligence Agency that Iran’s path to building a nuclear weapon may have been set back only by months.
Meanwhile, anxious Iranians and Israelis sought to resume normal life after 12 days of the most intense confrontation ever between the two foes and a ceasefire that took effect Tuesday.
Speaking in The Hague where he attended a NATO summit on Wednesday, Trump said he did not see Iran again engaging in nuclear weapons development. Tehran has for decades denied accusations by Western leaders that it is seeking nuclear arms.
“We’re going to talk to them next week, with Iran. We may sign an agreement. I don’t know. To me, I don’t think it’s that necessary,” Trump said.
“I’ll tell you, the last thing they want to do is enrich anything right now. They want to recover,” he said, referring to Western accusations that Iran has been enriching uranium to near-weapons-grade purity.
Later on Wednesday, U.S. Central Intelligence Agency Director John Ratcliffe said in a statement that the U.S. air strikes had “severely damaged” Iran’s nuclear program, but he stopped short of declaring that the program had been destroyed.
The agency confirmed a “body of credible evidence” that several key Iranian facilities were destroyed and would take years to rebuild, he said.
Israel’s nuclear agency assessed the strikes had “set back Iran’s ability to develop nuclear weapons by many years”. The White House also circulated the Israeli assessment, although Trump said he was not relying on Israeli intelligence.
Trump said he was confident Tehran would pursue a diplomatic path towards reconciliation. The president gave no details on the discussions next week such as the venue and participants.
If Iran tried to rebuild its nuclear programme, “we won’t let that happen. Number one, militarily we won’t,” he said, adding that he thought “we’ll end up having something of a relationship with Iran” to resolve the issue.
The head of the U.N.’s nuclear watchdog, Rafael Grossi, dismissed what he called the “hourglass approach” of assessing damage to Iran’s nuclear programme in terms of months needed to rebuild as besides the point for an issue that needed a long-term solution.
“In any case, the technological knowledge is there and the industrial capacity is there. That, no one can deny. So we need to work together with them,” he said. His priority was returning international inspectors to Iranian nuclear sites, which he said was the only way to find out precisely what state they were in.
IRAN PRESIDENT HINTS AT DOMESTIC REFORMS
Israel’s bombing campaign, launched with a surprise attack on June 13, wiped out the top echelon of Iran’s military leadership and killed leading nuclear scientists. Iran responded with missiles that pierced Israel’s defences in large numbers for the first time.
Iranian authorities said 627 people were killed and nearly 5,000 injured in Iran, where the extent of the damage could not be independently confirmed because of tight restrictions on media. Twenty-eight people were killed in Israel.
Israel claimed to have achieved its goals of destroying Iran’s nuclear sites and missiles; Iran claimed to have forced the end of the war by penetrating Israeli defences.
Israel’s demonstration that it could target Iran’s senior leadership seemingly at will posed perhaps the biggest challenge yet for Iran’s clerical rulers, at a critical juncture when they must find a successor for Supreme Leader Ali Khamenei, now 86 and in power for 36 years.
Iranian President Masoud Pezeshkian, a relative moderate elected last year in a challenge to years of dominance by hardliners, said it could result in reform.
“This war and the empathy that it fostered between the people and officials is an opportunity to change the outlook of management and the behaviour of officials so that they can create unity,” he said in a statement carried by state media.
Still, Iran’s authorities moved swiftly to demonstrate their control. The judiciary announced the execution of three men on Wednesday convicted of collaborating with Israel’s Mossad spy agency and smuggling equipment used in an assassination. Iran had arrested 700 people accused of ties with Israel during the conflict, the state-affiliated Nournews reported.
During the war, both Israel Prime Minister Benjamin Netanyahu and Trump publicly suggested that it could end with the toppling of Iran’s entire system of clerical rule, established in its 1979 revolution.
But after the ceasefire, Trump said he did not want to see “regime change” in Iran, which he said would bring chaos at a time when he wanted the situation to settle down.
RELIEF, APPREHENSION, EXHAUSTION
In both Iran and Israel, residents expressed relief at the end of the fighting, but also apprehension.
“We came back after the ceasefire was announced. People are relieved that the war has stopped, but there’s a lot of uncertainty about what comes next,” said Farah, 67, who returned to Tehran from nearby Lavasan, where she had fled to escape Israeli bombing.
In Tel Aviv, Rony Hoter-Ishay Meyer, 38, said the war’s end brought mixed emotions: relief that children could return to school and normal life resume, but exhaustion from the stress.
“Those past two weeks were catastrophic in Israel, and we are very much exhausted and we need to get back to our normal energy.”
World
US Vice President Vance emerges as key figure in Iran peace efforts: Report
US Vice President JD Vance has taken a leading role in Washington’s efforts to broker peace with Iran, nearly a month into the ongoing conflict, according to US media reports on Friday.
An Axios report says Vance has been actively engaged in behind-the-scenes diplomacy, holding multiple discussions with Israeli Prime Minister Benjamin Netanyahu and coordinating with Gulf allies, while maintaining indirect communication channels with Iranian officials.
The White House reportedly views Vance as a central negotiator due to his senior position and his skepticism toward prolonged military engagements, making him a suitable envoy for sensitive negotiations.
Vance’s efforts include coordination with countries such as the United Arab Emirates and Qatar, focusing on de-escalation, potential peace talks, and regional security.
US President Donald Trump formally confirmed Vance’s role on Thursday, noting that he is working alongside Middle East Envoy Steve Witkoff and Jared Kushner on ongoing negotiations and will brief officials on developments regarding Iran.
White House officials told Axios that Vance’s seniority and opposition to extended foreign conflicts make him a more appealing interlocutor for Iran than other envoys, with Witkoff recommending him as the lead negotiator. “If the Iranians can’t strike a deal with Vance, they don’t get a deal. He’s the best they’re gonna get,” a senior administration official said.
While Vance assumes a larger diplomatic role, Witkoff and Kushner continue handling negotiations. Reports of a confrontation between Vance and Netanyahu were dismissed by US and Israeli sources as inaccurate.
According to the report, Vance initially expressed skepticism about the war’s duration, objectives, and resource impact but supported a strategy of overwhelming force once Trump decided to proceed. Vance remains aligned with Israel while carefully navigating differences between US and Israeli objectives, advisers said.
“He has his own views, but he is going to work according to Trump’s instructions and try to achieve an outcome that the president likes,” a source close to Vance added.
World
Trump signature to appear on US currency, ending 165-year tradition
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
U.S. paper currency will bear President Donald Trump’s signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday.
The redesigned notes, planned to mark the 250th anniversary of American independence, will also for the first time in 165 years drop the signature of the U.S. treasurer, who reports to the Treasury Secretary and oversees the Bureau of Engraving and Printing, the U.S. Mint and other Treasury functions, Reuters reported.
The first $100 bills with Trump’s signature and that of U.S. Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
Malerba will be the last of an unbroken line of treasurers whose signatures have appeared on U.S. federal currency since 1861, when the U.S. government first issued it.
The signature change is the latest effort by the Trump administration and its allies to put the president’s name on buildings, institutions, government programs, warships and coins. A federal arts panel, whose members Trump appointed, approved last week the design for a commemorative gold coin with Trump’s image.
Bessent said in a statement that the move was appropriate for the U.S. 250th anniversary, given strong U.S. economic growth and financial stability during Trump’s second term, read the report.
“There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the Semiquincentennial,” Bessent said.
An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on U.S. coins.
A statute governing the printing of Federal Reserve notes gives the Treasury broad discretion to change designs to guard against counterfeiting. The law requires keeping certain elements, including the words “In God We Trust,” and only allows portraits of deceased individuals.
The overall designs of bills will not change, except for Trump’s signature replacing the Treasurer’s, Treasury officials said. A mock-up of the $100 bill with Trump’s signature was not immediately available.
Malerba, the former treasurer, declined comment on the Trump administration’s move.
Her predecessor, Jovita Carranza, who served as treasurer in Trump’s first term, called the change “a powerful symbol of American resilience, the enduring strength of free enterprise and the promise of continued greatness.”
The current treasurer, Brandon Beach, whose name has not appeared on the currency, also issued a supportive statement, saying Trump was the architect of a “golden age economic revival.”
World
Trump to hit Iran harder if Tehran does not accept defeat, White House says
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
President Donald Trump will hit Iran harder if Tehran fails to accept that the country has been “defeated militarily,” White House press secretary Karoline Leavitt said on Wednesday.
“President Trump does not bluff and he is prepared to unleash hell. Iran should not miscalculate again,” Leavitt told reporters in a press briefing.
“If Iran fails to accept the reality of the current moment, if they fail to understand that they have been defeated militarily, and will continue to be, President Trump will ensure they are hit harder than they have ever been hit before,” she said.
As the joint U.S.-Israeli war on Iran entered its fourth week, there have been efforts by multiple countries such as Pakistan, Turkey and Egypt to mediate.
Iran is still reviewing a U.S. proposal to end the war, despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it outright.
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
Citing unnamed sources, media outlets on Tuesday reported that Washington sent Tehran a 15-point plan on ending the war. Leavitt said on Wednesday that elements of the reports were not fully accurate, but she did not provide specifics.
“The White House never confirmed that full plan. There are elements of truth to it, but some of the stories I read were not entirely factual, so I am not going to negotiate on behalf of the president here at the podium,” Leavitt said.
Global equity markets regained some ground while oil prices dipped on Wednesday after the reports about the plan, with investors hoping for an end to a war that has disrupted global energy supplies and raised inflation concerns.
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