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Iran foreign minister: strait of Hormuz now ‘completely open’ to commercial vesselsIran foreign minister: strait of Hormuz now ‘completely open’ to commercial vessels

Meanwhile, as new 10-day truce in Lebanon enters its first full day, Trump claims Iran has agreed to suspend its nuclear programme Iran’s foreign minister has said that the strait of Hormuz is now fully open to commercial vessels, reinforcing hopes for an eventual end to the war in the ...

US commerce secretary lashes out at Canada ahead of trade talks: ‘They suck … Is this nuts?’US commerce secretary lashes out at Canada ahead of trade talks: ‘They suck … Is this nuts?’

The News US Commerce Secretary Howard Lutnick on Friday slammed Canada as trade negotiators prepare to review the US-Mexico-Canada Agreement this year. Asked at Semafor World Economy in Washington, DC, about Canada’s former trade chief suggesting time is on Canada’s side in the talks, Lutnick responded: “That is like the ...

CEO predicts ‘next golden era’ for content amid legacy media destructionCEO predicts ‘next golden era’ for content amid legacy media destruction

The News Billionaire tech executive Matthew Prince predicted Friday that the “massive consolidating force” of AI that has disrupted legacy news outlets’ relationships with their readers will in the long run bring attention to the value of more granular and local journalism. “I believe that a whole bunch of existing ...

India can handle the energy shock if Iran ceasefire holds, top government adviser saysIndia can handle the energy shock if Iran ceasefire holds, top government adviser says

The News The Indian government’s chief economic adviser expressed confidence Friday that the world’s sixth-largest economy can weather the energy-price shock caused by the Iran war if the ceasefire holds. “We feel that if the current ceasefire holds and also gets extended indefinitely, by the end of the calendar third ...

US transportation secretary touts ‘wildly successful’ program recruiting gamers for air traffic controllersUS transportation secretary touts ‘wildly successful’ program recruiting gamers for air traffic controllers

The News US Transportation Secretary Sean Duffy said Friday that it makes a lot of sense to hire gamers to address a shortage of air traffic controllers. “If you think just what these gamers are doing on screens, and they’re talking and there’s a lot of things going on — ...

FAA Scraps Civil and Criminal Penalties for Flying Drones Near ICE VehiclesFAA Scraps Civil and Criminal Penalties for Flying Drones Near ICE Vehicles

On Wednesday the Federal Aviation Administration rescinded a temporary flight restriction (TFR) that created a no-fly zone within 3,000 feet of “Department of Homeland Security facilities and mobile assets.” The new restriction softened the language of the original and abandoned the threat of civil or criminal penalties but added the ...