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Iran’s Foreign Minister Abbas Araghchi on Wednesday said European powers had no right to trigger snapback sanctions under a moribund 2015 nuclear deal or extend the October deadline to trigger them. “When we believe that they do not have the right to implement snapback, it is natural that they do not have the right to extend its deadline either,” Araghchi told state news agency IRNA. #Geopolitics #iran #Sanctions $BNB
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US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the central bank after recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner. “Cook must resign, now!!!” Trump wrote on his Truth Social platform, while sharing a Bloomberg news report on how the Federal Housing Finance Agency’s director has called for greater scrutiny of Cook over a pair of mortgages. FHFA director Bill Pulte — a staunch ally of Trump’s — had reportedly written a letter to the US Attorney General calling for an investigation of Cook while suggesting that she might have committed a criminal offense. It was not immediately clear if such a probe will take place. The Trump administration has pursued allegations of mortgage fraud against high-profile Democrats who are seen as political adversaries of the president. The US leader’s targeting of Cook, who sits on the central bank’s rate-setting committee, comes after his repeated broadsides against Powell while the Fed kept the benchmark lending rate unchanged this year. Cook took office as a Fed governor in May 2022 and was reappointed to the board in September 2023. She was sworn in later that same month for a term ending in 2038. Cook has previously served on the Council of Economic Advisers under former president Barack Obama. In recent months, Trump has called Powell a “numbskull” and “moron” as the central bank held rates steady to monitor the effects of US tariffs on inflation. Trump had also previously suggested that what he said is an overly costly renovation of the Fed’s headquarters could be a reason to oust Powell, before backing off the threat #usa #TRUMP $BTC
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Poland’s defence minister blamed Russia on Wednesday for a drone crashing and exploding in farmland in the east of the country overnight. “Once again, we are facing a provocation from the Russian Federation, with a Russian drone,” Wladyslaw Kosiniak-Kamysz told reporters The explosion occurred in a cornfield near the village of Osiny some 100 kilometres (60 miles) from Warsaw and around the same distance from the borders with Ukraine and Belarus. The minister said it came at “a particular moment, where peace talks are underway, where there is hope that this war… has a chance to end. Russia provokes once again.” Foreign Minister Radoslaw Sikorski condemned “a new violation of our airspace from the east”. “The foreign ministry will protest to the perpetrator of this violation,” he wrote on X. Polish media published a video showing an explosion during the night, and photos of debris including an engine and a propellor. Polish general Dariusz Malinowski said the aircraft “was a decoy drone, which was not armed but carried a self-destruct warhead”. Poland in 2023 accused Russia of using its airspace to fire a missile at Ukraine during a bombardment. And in November 2022, two civilians were killed when a Ukrainian anti-aircraft missile fell on a village near the border. #geopolitics #RussiaUkraineWar #poland $BTC
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🇪🇺 Georgia announced its imminent accession to the EU — with a reservation about sovereignty Georgian Prime Minister Irakli Kobakhidze said that the country will join the European Union "in the near future." However, he stressed that Tbilisi will not sacrifice its traditions and independence for the sake of Brussels. Kobakhidze indirectly accused the EU of creating obstacles, stating that membership is only possible if national sovereignty is preserved. Georgia, which left the CIS in 2009 after a conflict with Russia, continues its course towards European integration, but on its own terms. #Geopolitics #GEORGIA $BTC
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🇯🇵 Japan Prime Minister Shigeru Ishiba said Tokyo is ready to study the possibility of participating in international security guarantees for Kyiv. "We will carefully analyze what we can and should do," he said, without disclosing details. The discussion is taking place against the backdrop of East Asia's growing involvement in the Ukrainian crisis. #Geopolitics #japan $XRP
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