World


G7 Finance Ministers warn on debt and bond market turmoil amid Iran conflict

Paris, May 18 (UNI) Finance ministers and central bank chiefs from the G7 nations have gathered in France on Monday for the two-day deliberations over rising public debt, volatile bond markets and the global economic fallout due to disruption in energy and supply chains following Iran war.
The two-day meeting in Evian is being held under the rotating G7 presidency and comes as investors fear higher energy prices could fuel inflation and trigger further interest rate hikes globally.
The summit will also address terrorism financing and the supply of critical minerals, US Treasury Secretary Scott Bessent said.
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Initial US-Iran talks in Switzerland still planned for Friday: Swiss govt

18 Jun 2026 | 3:15 PM

Washington/ Geneva, June 18 (UNI) Switzerland has said that initial negotiations between the United States and Iran are still expected in the Swiss mountain resort of Bürgenstock on Friday, Switzerland’s foreign ministry said.

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Pakistan's PM Shehbaz Sharif signs US-Iran "Islamabad MoU" as mediator

18 Jun 2026 | 2:51 PM

Islamabad, June 18 (UNI) Prime Minister Shehbaz Sharif has signed the Islamabad Memorandum of Understanding between Iran and the United States in his capacity as a mediator, according to an official statement from the Prime Minister's Office.

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Inside US-Iran Islamabad agreement: full text of the 14-point MoU

18 Jun 2026 | 2:11 PM

Washington, Jun 18 (UNI) In a potentially landmark diplomatic breakthrough, the United States and Iran have signed the "Islamabad Memorandum of Understanding," outlining a broad framework to end hostilities, ease regional tensions, revive commercial navigation in the Persian Gulf, and pave the way for a comprehensive peace agreement within 60 days.

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Trump and Iranian President Pezeshkian sign preliminary peace agreement

Trump and Iranian President Pezeshkian sign preliminary peace agreement

18 Jun 2026 | 2:06 PM

Evian, Jun 18 (UNI) US President Donald Trump and Iranian President Masoud Pezeshkian have signed an initial agreement to extend the ceasefire for another 60 days and lay the groundwork for reopening the Strait of Hormuz and launching negotiations on Iran's nuclear programme.

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Mixed signals over US blockade of Iran continues hampering traffic in Strait of Hormuz

17 Jun 2026 | 9:51 PM

Washington/Tehran, Jun 17 (UNI) Mixed messaging over the status of the US naval blockade around Iran and uncertainty surrounding the terms of the emerging US-Iran agreement continue straining shipping activity through the Strait of Hormuz.

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