
Liz Hoffman

Andy Browne

Iran and the US may reportedly extend their two-week ceasefire, as Pakistani mediators were in Tehran to push for talks.
2The US threatened sanctions on buyers of Iranian oil, a move that appeared to target China.
3China’s economy grew 5% year-on-year in the the first-quarter, but analysts cautioned the Iran war could impede further growth.
4Europe is ramping up defense spending, in a rearmament push that is creating tensions between the EU and NATO.
5Elon Musk pressured chipmakers to speed up plans for a $25 billion semiconductor plant, arguing that current production won’t meet demand.
6Stocks surged as prospects rose for diplomatic progress in Iran and Lebanon.
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Trump and Powell last year. Kent Nishimura/Reuters
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Kraken’s Arjun Sethi. Annabelle Gordon/Semafor
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