News

UK Maritime Trade Organization: Received a report of an incident 11 nautical miles southwest of Iran. The captain of a northbound bulk carrier reported being attacked by multiple small vessels. All crew members are safe and no environmental impacts were reported.

Fed's Kashkari: Don't think there is an immediate crisis in U.S. government debt levels.

Fed's Kashkari: The challenge facing the Fed is uncertainty about the path of inflation.

Fed's Kashkari: The longer the war lasts, the greater the inflationary pressure will be. In some cases, the Fed may need to raise interest rates.

Fed's Kashkari: We all need to keep an open mind about the future of interest rate policy.

Nick Timiraos, "Fed Mouthpiece": The Fed's autonomy, often referred to as its independence, stems from the agency's creation by Congress, which created a board of officials who served long and staggered terms, enjoyed protection from removal, and gave the agency full control of its budget (and buildings).

U.S. Treasury Secretary Bessent: Trump should be recognized for profiting from Intel Capital.

U.S. Treasury Secretary Bessent: Blamed the failure of Spirit Airlines on the administration of former U.S. President Joe Biden.

U.S. Treasury Secretary Bessant: Optimistic that Powell will eventually leave the Fed in the short term.

U.S. Treasury Secretary Bessent: Iran has had little success in trying to collect ship tolls.

U.S. Treasury Secretary Bessent: Oil prices should fall sharply after the war.

Japanese Prime Minister Takaichi Sanae: At the same time, we also hope to have a candid and serious exchange of views on the regional situation and the current severe international situation, and to confirm the cooperative relationship between the two countries.

Japanese Prime Minister Takaichi Sanae: Hopes to discuss cooperation with Australian Prime Minister Albanese in a wide range of areas, including economic security (covering key minerals and energy security), economy, as well as security and people-to-people exchanges that have formed the basis of strong Japan-Australia relations in recent years.

Japanese Prime Minister Takaichi Sanae: This year marks the 50th anniversary of the signing of the Japan-Australia Basic Treaty of Friendship and Cooperation. In the context of the increasingly severe regional security environment, the unbreakable friendly relations established with Australia have become increasingly important.

Japanese Prime Minister Takaichi Sanae: I have arrived in Canberra, the capital of Australia. This is my second visit to Australia after about three and a half years.

Adviser to the Minister of Interior of Ukraine: Russia and Belarus are absent from the summit.

Adviser to the Minister of Interior of Ukraine: The main purpose of this visit is to participate in the European Political Community (EPC) summit - to discuss strategies to end the war between Ukraine and Iran, and to strengthen European security coordination with leaders from more than 40 countries.

Canadian Prime Minister Carney: has arrived in Yerevan, Armenia to attend the 8th European Political Community Summit. This is the first time a non-European country has participated.

U.S. Attorney Pirro: The judge stopped the FBI investigation and therefore handed the investigation over to the Federal Reserve’s Office of Inspector General. The future of the Federal Reserve’s investigation depends on the actions of the Federal Reserve’s Office of Inspector General.

German Foreign Minister: In my phone call with Iranian Foreign Minister Araghchi, I emphasized that Germany supports resolving the issue through negotiations. As close allies of the United States, we share the same goal: Iran must completely and verifiably abandon its nuclear weapons and immediately open the Strait of Hormuz.