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Trump stated that it is 'very likely' that the conflict with Iran will end, while also threatening stronger bombing if negotiations fail. Iranian officials stated that reports by U.S. media are inaccurate and noted they are still reviewing the U.S. propos
Trump stated that the chances of reaching an agreement between the U.S. and Iran are high, and the agreement might be signed before his overseas visit next week. However, he also noted that it is 'premature' to consider face-to-face talks at this stage, as negotiations still face 'distance and uncertainty.' According to U.S. media reports, the U.S. and Iran are close to reaching consensus on a 14-point memorandum, with talks potentially resuming as early as next week. The memorandum proposes a ceasefire followed by a 30-day negotiation period, but issues such as uranium enrichment and the supervision of the Strait of Hormuz remain unresolved. Iranian media have described some U.S. media reports as 'speculation and舆论炒作,' stating that the U.S. proposal contains 'unacceptable terms' and that no response has yet been communicated to the mediation parties. Iran's delegation to the United Nations emphasized that the only feasible solution to the strait issue is to permanently end the war, lift the maritime blockade
U.S. stock movements | Surge in international gold and silver prices, with spot gold breaking through $4,700, driving up shares of gold and silver companies.
Gelonghui, May 6 | Gold and silver stocks rose, with SSR Mining up over 17%, Harmony Gold, Pan American Silver, Gold Fields, and First Majestic Silver up over 11%, Highlander Silver up over 10%, Eldorado Gold, U.S. Gold Corp., New Pacific Metals, and Silvercorp Metals up over 8%, and Newmont up over 5%. On the news front, driven by safe-haven demand and a weaker U.S. dollar, spot gold rose over 3%, reaching above $4,700 per ounce; spot silver...
Express News | Trump expressed dissatisfaction with Iran's latest negotiation proposal.
Silvercorp Metals Secures Oversubscribed RMB1.5 Billion Syndicated Loan to Strengthen Global Mining Expansion
As Congress exerts pressure and the 60-day deadline approaches, a senior U.S. official claimed that hostile actions against Iran have concluded.
Despite senior officials of the Trump administration claiming that "hostilities have ended," the U.S. blockade targeting the Strait of Hormuz has not ceased, with the U.S. Defense Secretary even asserting that Congressional authorization is unnecessary to continue the operation...
Full Text of Chairman Powell's Farewell Speech: To Remain as Fed Governor, Not to Act as Shadow Chair; Four Dissents Reflect Committee’s Shift Toward Neutral Stance
Powell stated that upon the conclusion of his chairmanship on May 15, he will remain as a governor of the Federal Reserve and will not leave the Board until the investigation against him is fully concluded. He also committed to not obstructing the new chair's policies, vowing never to act as a 'shadow chair.' During his tenure as a governor, he will maintain a low profile and support the new chair. He believes that the current interest rate is close to neutral or slightly higher, and there is no rush to change rates or guidance until inflation becomes more certain.