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us48Pentagon requests $80 billion supplemental for Iran war costs and other expenses
The U.S.-Israel war on Iran, now over 100 days old, has cost American households an average of $750 in additional expenses due to higher energy prices, inflation, and rising food and mortgage costs. The Iran war has cost approximately $25 billion so far, according to a Pentagon official. The Pentagon has now requested $80 billion in supplemental funding to cover war costs and other expenses, including non-defense priorities such as farm and disaster relief. Deputy Defense Secretary Stephen Feinberg informed lawmakers of the request in phone calls this week. The request faces scrutiny amid ongoing voter anxiety over rising living costs and the financial burden of the conflict. A full supplemental request is expected in the coming days.
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Pentagon requests $80 billion supplemental for Iran war costs and other expenses
The U.S.-Israel war on Iran, now over 100 days old, has cost American households an average of $750 in additional expenses due to higher energy prices, inflation, and rising food and mortgage costs. The Iran war has cost approximately $25 billion so far, according to a Pentagon official. The Pentagon has now requested $80 billion in supplemental funding to cover war costs and other expenses, including non-defense priorities such as farm and disaster relief. Deputy Defense Secretary Stephen Feinberg informed lawmakers of the request in phone calls this week. The request faces scrutiny amid ongoing voter anxiety over rising living costs and the financial burden of the conflict. A full supplemental request is expected in the coming days.
The U.S.-Israel war on Iran, now over 100 days old, has cost American households an average of $750 in additional expenses due to higher energy prices, inflation, and rising food and mortgage costs. The Iran war has cost approximately $25 billion so far, according to a Pentagon official. The Pentagon has now requested $80 billion in supplemental funding to cover war costs and other expenses, including non-defense priorities such as farm and disaster relief. Deputy Defense Secretary Stephen Feinberg informed lawmakers of the request in phone calls this week. The request faces scrutiny amid ongoing voter anxiety over rising living costs and the financial burden of the conflict. A full supplemental request is expected in the coming days.
us46Trump heads to Camp David as Iran deal negotiations progress and Lebanon conflict continues
President Trump is at Camp David for policy meetings as the 60-day Iran deal negotiation window progresses. A memorandum of understanding was signed at the Palace of Versailles, co-signed by Iranian President Masoud Pezeshkian, providing for the reopening of the Strait of Hormuz. Vice President Vance postponed a trip to Switzerland for further talks. The deal faces criticism from Republicans and Iran's Supreme Leader. Meanwhile, Israel and Hezbollah continue fighting despite a call for a ceasefire; Israeli strikes killed at least 47 in Lebanon, and four Israeli soldiers were killed. U.S. officials announced an immediate truce between Israel and Hezbollah. Iran has indicated it could walk away if Trump does not rein in Netanyahu.
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Trump heads to Camp David as Iran deal negotiations progress and Lebanon conflict continues
President Trump is at Camp David for policy meetings as the 60-day Iran deal negotiation window progresses. A memorandum of understanding was signed at the Palace of Versailles, co-signed by Iranian President Masoud Pezeshkian, providing for the reopening of the Strait of Hormuz. Vice President Vance postponed a trip to Switzerland for further talks. The deal faces criticism from Republicans and Iran's Supreme Leader. Meanwhile, Israel and Hezbollah continue fighting despite a call for a ceasefire; Israeli strikes killed at least 47 in Lebanon, and four Israeli soldiers were killed. U.S. officials announced an immediate truce between Israel and Hezbollah. Iran has indicated it could walk away if Trump does not rein in Netanyahu.
President Trump is at Camp David for policy meetings as the 60-day Iran deal negotiation window progresses. A memorandum of understanding was signed at the Palace of Versailles, co-signed by Iranian President Masoud Pezeshkian, providing for the reopening of the Strait of Hormuz. Vice President Vance postponed a trip to Switzerland for further talks. The deal faces criticism from Republicans and Iran's Supreme Leader. Meanwhile, Israel and Hezbollah continue fighting despite a call for a ceasefire; Israeli strikes killed at least 47 in Lebanon, and four Israeli soldiers were killed. U.S. officials announced an immediate truce between Israel and Hezbollah. Iran has indicated it could walk away if Trump does not rein in Netanyahu.
us44US and Iran agree on 60-day roadmap for final deal after marathon talks in Switzerland
The United States and Iran concluded their first high-level talks in Bürgenstock, Switzerland, mediated by Qatar and Pakistan, agreeing on a 60-day roadmap toward a final deal to end the war. Key outcomes include Iran's agreement to invite IAEA nuclear inspectors back, a US Treasury waiver temporarily lifting sanctions on Iranian oil exports until August 21, 2026, and the establishment of a communication line for safe passage through the Strait of Hormuz and a deconfliction cell for Lebanon. US Vice President JD Vance described the talks as laying a 'good foundation' for a final settlement, while Iran's foreign ministry stated no new nuclear commitments were made. Technical negotiations will continue in the coming weeks.
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US and Iran agree on 60-day roadmap for final deal after marathon talks in Switzerland
The United States and Iran concluded their first high-level talks in Bürgenstock, Switzerland, mediated by Qatar and Pakistan, agreeing on a 60-day roadmap toward a final deal to end the war. Key outcomes include Iran's agreement to invite IAEA nuclear inspectors back, a US Treasury waiver temporarily lifting sanctions on Iranian oil exports until August 21, 2026, and the establishment of a communication line for safe passage through the Strait of Hormuz and a deconfliction cell for Lebanon. US Vice President JD Vance described the talks as laying a 'good foundation' for a final settlement, while Iran's foreign ministry stated no new nuclear commitments were made. Technical negotiations will continue in the coming weeks.
The United States and Iran concluded their first high-level talks in Bürgenstock, Switzerland, mediated by Qatar and Pakistan, agreeing on a 60-day roadmap toward a final deal to end the war. Key outcomes include Iran's agreement to invite IAEA nuclear inspectors back, a US Treasury waiver temporarily lifting sanctions on Iranian oil exports until August 21, 2026, and the establishment of a communication line for safe passage through the Strait of Hormuz and a deconfliction cell for Lebanon. US Vice President JD Vance described the talks as laying a 'good foundation' for a final settlement, while Iran's foreign ministry stated no new nuclear commitments were made. Technical negotiations will continue in the coming weeks.
us43Trump claims 'no limits' to his power, compares himself to historical strongmen
President Trump declared in an interview that he has 'no limits' to his power since the Iran war, and a forthcoming book reports he has entertained the idea of being the most powerful man in history, comparing himself to conquerors like Genghis Khan and Napoleon. Trump measured power by submission, stating allies must recognize his authority, and praised Xi Jinping and Narendra Modi. He acknowledged the economy as a constraint.
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Trump claims 'no limits' to his power, compares himself to historical strongmen
President Trump declared in an interview that he has 'no limits' to his power since the Iran war, and a forthcoming book reports he has entertained the idea of being the most powerful man in history, comparing himself to conquerors like Genghis Khan and Napoleon. Trump measured power by submission, stating allies must recognize his authority, and praised Xi Jinping and Narendra Modi. He acknowledged the economy as a constraint.
President Trump declared in an interview that he has 'no limits' to his power since the Iran war, and a forthcoming book reports he has entertained the idea of being the most powerful man in history, comparing himself to conquerors like Genghis Khan and Napoleon. Trump measured power by submission, stating allies must recognize his authority, and praised Xi Jinping and Narendra Modi. He acknowledged the economy as a constraint.
us43Trump and Meloni exchange public insults over G7 photo op and Iran war tensions
Background: The once-close relationship between U.S. President Donald Trump and Italian Prime Minister Giorgia Meloni has fractured over the Iran war, with Italy refusing U.S. military access and Meloni criticizing U.S. actions. Today: A new public feud erupted after the G7 summit in France, when Trump claimed on social media that Meloni begged for a photo with him to boost her domestic ratings. Meloni denied the claim on Instagram, calling Trump's attacks 'senseless' and stating that being his friend has not helped her popularity. She also defended Italy's refusal to allow U.S. military aircraft to use Italian bases during the Iran conflict, asserting Italian sovereignty. Italian media sided with Meloni, with one newspaper insulting Trump on its front page. The exchange reflects deepening strain in U.S.-Italy relations.
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Trump and Meloni exchange public insults over G7 photo op and Iran war tensions
Background: The once-close relationship between U.S. President Donald Trump and Italian Prime Minister Giorgia Meloni has fractured over the Iran war, with Italy refusing U.S. military access and Meloni criticizing U.S. actions. Today: A new public feud erupted after the G7 summit in France, when Trump claimed on social media that Meloni begged for a photo with him to boost her domestic ratings. Meloni denied the claim on Instagram, calling Trump's attacks 'senseless' and stating that being his friend has not helped her popularity. She also defended Italy's refusal to allow U.S. military aircraft to use Italian bases during the Iran conflict, asserting Italian sovereignty. Italian media sided with Meloni, with one newspaper insulting Trump on its front page. The exchange reflects deepening strain in U.S.-Italy relations.
Background: The once-close relationship between U.S. President Donald Trump and Italian Prime Minister Giorgia Meloni has fractured over the Iran war, with Italy refusing U.S. military access and Meloni criticizing U.S. actions. Today: A new public feud erupted after the G7 summit in France, when Trump claimed on social media that Meloni begged for a photo with him to boost her domestic ratings. Meloni denied the claim on Instagram, calling Trump's attacks 'senseless' and stating that being his friend has not helped her popularity. She also defended Italy's refusal to allow U.S. military aircraft to use Italian bases during the Iran conflict, asserting Italian sovereignty. Italian media sided with Meloni, with one newspaper insulting Trump on its front page. The exchange reflects deepening strain in U.S.-Italy relations.
us43Vance Reports Progress in US-Iran Talks, Suggests Unfreezing Iranian Assets
US Vice President JD Vance announced significant progress in negotiations with Iran, stating that a 'successful foundation' has been laid for a final agreement. He revealed that the Iranian delegation threatened to walk out but talks continued, resulting in what he described as 'great progress'. Vance suggested the possibility of unfreezing Iranian assets under a mechanism involving Qatari oversight and purchases of American agricultural goods, a solution proposed by Jared Kushner. He also confirmed that IAEA nuclear inspectors are scheduled to arrive in Iran to verify compliance with the preliminary agreement. The negotiations also addressed the Israel-Lebanon conflict, though Vance did not commit to an Israeli withdrawal from Lebanese territory.
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Vance Reports Progress in US-Iran Talks, Suggests Unfreezing Iranian Assets
US Vice President JD Vance announced significant progress in negotiations with Iran, stating that a 'successful foundation' has been laid for a final agreement. He revealed that the Iranian delegation threatened to walk out but talks continued, resulting in what he described as 'great progress'. Vance suggested the possibility of unfreezing Iranian assets under a mechanism involving Qatari oversight and purchases of American agricultural goods, a solution proposed by Jared Kushner. He also confirmed that IAEA nuclear inspectors are scheduled to arrive in Iran to verify compliance with the preliminary agreement. The negotiations also addressed the Israel-Lebanon conflict, though Vance did not commit to an Israeli withdrawal from Lebanese territory.
US Vice President JD Vance announced significant progress in negotiations with Iran, stating that a 'successful foundation' has been laid for a final agreement. He revealed that the Iranian delegation threatened to walk out but talks continued, resulting in what he described as 'great progress'. Vance suggested the possibility of unfreezing Iranian assets under a mechanism involving Qatari oversight and purchases of American agricultural goods, a solution proposed by Jared Kushner. He also confirmed that IAEA nuclear inspectors are scheduled to arrive in Iran to verify compliance with the preliminary agreement. The negotiations also addressed the Israel-Lebanon conflict, though Vance did not commit to an Israeli withdrawal from Lebanese territory.
us43Xi seeks to redefine US Taiwan policy through pressure on Trump, analysis warns
Background: After a Beijing summit, Trump signaled uncertainty on Taiwan arms sales and warned against independence, breaking with decades of US strategic ambiguity. Today: A detailed analysis argues that Xi Jinping is pursuing a sustained strategy to change US policy toward Taiwan without military conflict, having convinced Trump to pause a $14 billion arms sale and adopt rhetoric questioning Taiwan's independence. The analysis outlines Xi's long-term goal of bringing Taiwan under Chinese control by 2049, his preference for a non-military approach, and his strategy of leveraging Trump's skepticism toward allies to establish new norms in US-Taiwan policy. It warns that this undermines US credibility, weakens deterrence, and could lead to Taiwan's accommodation with Beijing, with severe consequences for regional alliances and global democracy.
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Xi seeks to redefine US Taiwan policy through pressure on Trump, analysis warns
Background: After a Beijing summit, Trump signaled uncertainty on Taiwan arms sales and warned against independence, breaking with decades of US strategic ambiguity. Today: A detailed analysis argues that Xi Jinping is pursuing a sustained strategy to change US policy toward Taiwan without military conflict, having convinced Trump to pause a $14 billion arms sale and adopt rhetoric questioning Taiwan's independence. The analysis outlines Xi's long-term goal of bringing Taiwan under Chinese control by 2049, his preference for a non-military approach, and his strategy of leveraging Trump's skepticism toward allies to establish new norms in US-Taiwan policy. It warns that this undermines US credibility, weakens deterrence, and could lead to Taiwan's accommodation with Beijing, with severe consequences for regional alliances and global democracy.
Background: After a Beijing summit, Trump signaled uncertainty on Taiwan arms sales and warned against independence, breaking with decades of US strategic ambiguity. Today: A detailed analysis argues that Xi Jinping is pursuing a sustained strategy to change US policy toward Taiwan without military conflict, having convinced Trump to pause a $14 billion arms sale and adopt rhetoric questioning Taiwan's independence. The analysis outlines Xi's long-term goal of bringing Taiwan under Chinese control by 2049, his preference for a non-military approach, and his strategy of leveraging Trump's skepticism toward allies to establish new norms in US-Taiwan policy. It warns that this undermines US credibility, weakens deterrence, and could lead to Taiwan's accommodation with Beijing, with severe consequences for regional alliances and global democracy.
us41US and Iran report progress in Switzerland talks but deep mistrust persists
Background: US-Iran negotiations have stalled amid mutual mistrust, with proposals for a comprehensive deal involving nuclear limits and a non-aggression pact with Israel. Direct talks resumed in Switzerland on June 22, 2026, with both sides claiming 'encouraging progress.' US Vice President JD Vance stated a 'very good foundation' had been laid for a final deal. Iranian Foreign Minister Abbas Araghchi reported major progress toward ending the Lebanon War and said Tehran secured waivers for oil and petrochemical exports, release of frozen funds, and a reconstruction plan. However, the talks were briefly paused after President Trump threatened to restart attacks on Iran if it did not rein in Hezbollah. Iranian Parliament Speaker Mohammad Bagher Qalibaf dismissed the threats, warning Washington to be careful. The process remains fragile due to hardliner opposition, ongoing Israeli strikes in Lebanon, and mutual mistrust. Analysts question the durability of any agreement given Iran's regional commitments and domestic crises.
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US and Iran report progress in Switzerland talks but deep mistrust persists
Background: US-Iran negotiations have stalled amid mutual mistrust, with proposals for a comprehensive deal involving nuclear limits and a non-aggression pact with Israel. Direct talks resumed in Switzerland on June 22, 2026, with both sides claiming 'encouraging progress.' US Vice President JD Vance stated a 'very good foundation' had been laid for a final deal. Iranian Foreign Minister Abbas Araghchi reported major progress toward ending the Lebanon War and said Tehran secured waivers for oil and petrochemical exports, release of frozen funds, and a reconstruction plan. However, the talks were briefly paused after President Trump threatened to restart attacks on Iran if it did not rein in Hezbollah. Iranian Parliament Speaker Mohammad Bagher Qalibaf dismissed the threats, warning Washington to be careful. The process remains fragile due to hardliner opposition, ongoing Israeli strikes in Lebanon, and mutual mistrust. Analysts question the durability of any agreement given Iran's regional commitments and domestic crises.
Background: US-Iran negotiations have stalled amid mutual mistrust, with proposals for a comprehensive deal involving nuclear limits and a non-aggression pact with Israel. Direct talks resumed in Switzerland on June 22, 2026, with both sides claiming 'encouraging progress.' US Vice President JD Vance stated a 'very good foundation' had been laid for a final deal. Iranian Foreign Minister Abbas Araghchi reported major progress toward ending the Lebanon War and said Tehran secured waivers for oil and petrochemical exports, release of frozen funds, and a reconstruction plan. However, the talks were briefly paused after President Trump threatened to restart attacks on Iran if it did not rein in Hezbollah. Iranian Parliament Speaker Mohammad Bagher Qalibaf dismissed the threats, warning Washington to be careful. The process remains fragile due to hardliner opposition, ongoing Israeli strikes in Lebanon, and mutual mistrust. Analysts question the durability of any agreement given Iran's regional commitments and domestic crises.