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US president dismisses Iranian media reports agreement is close, despite earlier suggesting a deal could be signed this weekend
Prospects for an immediate end to the war between Iran and the US remained uncertain on Friday amid a chaotic series of conflicting claims and counter-claims by US and Iranian officials about ongoing negotiations.
Donald Trump seemed to distance himself from his earlier comments that suggested a preliminary agreement could be signed as soon as this weekend, with a series of angry social media posts describing the Iranians as “very dishonorable people to deal with”.
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© Photograph: Vahid Salemi/AP

© Photograph: Vahid Salemi/AP

© Photograph: Vahid Salemi/AP


Amid rhetoric, market uncertainty and tit-for-tat exchanges, the two sides are still trying to find a way out of the impasse
Great news! Donald Trump has said the US and Iran are on the verge of a peace agreement. Oil prices are down, and the stock market is up. This comes only hours after Trump warned Iran was about to be struck “VERY HARD”, a threat that had sent oil prices up and stocks down.
It has been another ride on the Trump rollercoaster, keeping traders on edge, most of the world poorer, and people of the Middle East constantly whiplashing between fear and hope. But whether the ride veers up or down, the management always makes money.
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© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images




Prime minister promises to fight any leadership challenge as he faces escalating row over military spending
Keir Starmer has admitted that he has to “turn things around” after the resignation of the defence secretary, John Healey, in an escalating row over military spending that has prompted recriminations across Whitehall and concern from the US.
Downing Street and the Treasury traded blows with allies of Healey on Friday. No 10 expressed dismay that the Ministry of Defence (MoD) had wanted £18bn to plug funding gaps in major projects, while those close to the former defence secretary accused Starmer of failing to acknowledge the deterioration in global security.
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© Photograph: Simon Dawson/No 10 Downing Street

© Photograph: Simon Dawson/No 10 Downing Street

© Photograph: Simon Dawson/No 10 Downing Street




Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing
When Keir Starmer wanted to promise Donald Trump that the UK would increase defence spending, he decided to fund it by slashing the UK’s aid budget – losing a cabinet minister, Anneliese Dodds, in the process.
This time around, with John Healey’s Ministry of Defence (MoD) demanding an additional £18.5bn over four years to fund the defence investment plan, there was no such lever to hand.
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© Photograph: Adrian Dennis/AFP Pool/AP

© Photograph: Adrian Dennis/AFP Pool/AP

© Photograph: Adrian Dennis/AFP Pool/AP



