Cointime

Download App
iOS & Android

Trump Discusses US-Iran Agreement: Thanks to China and Russia for Assistance

On June 16, according to Observer Network, after nearly four months of conflict instigated by Israel, the United States and Iran have finally confirmed that they will reach an agreement. On June 14, local time, U.S. President Trump posted on social media that the U.S.-Iran agreement is 'now complete.' On the same day, while celebrating his 80th birthday at the White House, he told The New York Times that he is grateful for the assistance provided by 'friends' in China and Russia during this process. He stated that both countries helped facilitate the agreement between Americans and Iranians, or at least did not disrupt the U.S. blockade by sending oil tankers or other merchant ships through the Strait of Hormuz, thus creating conditions for the agreement. Trump noted that China 'did not send a single oil tanker, and there were 20 destroyers on each side trying to break the blockade (by U.S. forces in the Strait of Hormuz).' However, Trump harshly criticized Israeli Prime Minister Netanyahu for initiating attacks that nearly jeopardized the final agreement. 'He is a very difficult person,' Trump said of Netanyahu, 'To be honest, he should be very grateful that we did this. Because if Iran had nuclear weapons, Israel wouldn't last two hours.'

Comments

All Comments

Recommended for you

  • BTC Falls Below $66,000

    Market data shows that BTC has fallen below $66,000, currently priced at $65,996.26, with a 24-hour increase of 0.45%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Legendary Investor Klarman Warns: AI Boom Shows Signs of Bubble, Fund Avoids Investment in OpenAI and Anthropic

    On June 16, Seth Klarman, founder of the hedge fund Baupost Group and known as the 'Boston Buffett', issued a stern warning regarding the current investment frenzy in artificial intelligence (AI). He noted that market valuations are showing clear signs of a bubble, and his fund is completely avoiding investments in large language model companies such as OpenAI and Anthropic. Klarman has managed Baupost for 44 years, during which he recorded only five years of losses, renowned for his rigorous protection against downside risks. He believes that the current tech market valuations are 'extremely stretched', with investors making overly optimistic assumptions about the distant future to align with new-era thinking. He explicitly stated that Baupost has not participated in any investments in trillion-parameter large language model companies, as these companies continue to burn cash at a high rate and face disaster if their technology falls behind, which does not meet his definition of great enterprises. The market tends to classify companies simply as 'AI winners', 'AI losers', and 'AI unknowns', with funds wildly flowing into the former. Baupost is currently focusing on the 'AI unknowns', which are companies that will not be disrupted by AI or where AI has little impact on their business. Meanwhile, the team is also examining some credit assets perceived by the market as 'AI losers', believing there may be mispricing opportunities among them.
  • Trump: Details of US-Iran Agreement to Be Released After Signing on 19th

    On June 16, during the G7 summit in Évian-les-Bains, France, U.S. President Trump stated that the details of the US-Iran agreement will be made public after its official signing on the 19th. (Xinhua News Agency)
  • Iranian Foreign Minister Announces Memorandum Signing on June 19

    On June 15, Iranian Foreign Minister Amir-Abdollahian stated that a meeting between the heads of the Iranian and American negotiating delegations is expected to take place in Switzerland on June 19, during which a memorandum of understanding between Iran and the United States will be signed, followed by the first round of subsequent negotiations. (CCTV International News)
  • U.S. Senior Officials: U.S. and Iran Sign Memorandum of Understanding

    On June 16, a senior U.S. official stated that the United States has signed a memorandum of understanding with Iran. U.S. President Trump and Vice President Pence signed the memorandum, and the Speaker of the Iranian Islamic Consultative Assembly also signed the document. The official also mentioned that the agreement stipulates the immediate opening of the Strait of Hormuz and the lifting of U.S. sanctions on Iran. Traffic in the strait will significantly increase starting immediately.
  • BTC Surpasses $67,000

    Market data shows that BTC has surpassed $67,000, currently priced at $67,197.47, with a 24-hour increase of 4.94%. The market is highly volatile, so please ensure proper risk management.
  • Musk's Wealth Reaches $1.2 Trillion as SpaceX Surpasses TSMC in Valuation

    On June 15, according to the latest global billionaire rankings released by Forbes, Elon Musk, the head of Tesla and SpaceX, has seen his personal wealth soar to an astonishing $1.2 trillion, setting a historical record. He became the world's first 'trillionaire' in the previous trading day. This wealth phenomenon is primarily attributed to the strong performance of his two flagship companies. Recent market data shows that SpaceX (SPCX) has reached a total valuation of $2.28 trillion (approximately $2.28 trillion), surging 8% in a single day, officially surpassing semiconductor giant TSMC (TSM), which has a market value of $2.26 trillion, and entering the top tier of U.S. stock market valuations, ranking sixth. Currently, the top three in the U.S. stock market by total market value are Nvidia ($5.05 trillion), Google, and Apple. SpaceX, with its absolute dominance in the commercial space and Starlink sectors, continues to see its valuation skyrocket, becoming the core pillar of Musk's trillion-dollar fortune.
  • Philadelphia Semiconductor Index Soars 4.7% in Early Trading

    On June 15, the Philadelphia Semiconductor Index opened high, rising by 4.7%. Nvidia's stock price increased by 2.67%, TSMC's stock price rose by 3.76%, Broadcom's stock price went up by 3.37%, Micron Technology's stock price surged by 9.31%, Advanced Micro Devices' stock price climbed by 6.61%, and ASML's stock price gained 1.47%.
  • SpaceX Raises Approximately $85.7 Billion in Initial Public Offering

    On June 15, SpaceX announced that underwriters have fully exercised their over-allotment option in the IPO, purchasing an additional 83.33 million shares. SpaceX has raised approximately $85.7 billion through the IPO.
  • Nasdaq Golden Dragon China Index Rises Over 1%

    On June 15, the Nasdaq Golden Dragon China Index rose over 1%. Canaan Inc. increased by 13.84%, EHang soared by 10.86%, Zai Lab gained 5.59%, Xunlei rose by 5.16%, and Kingsoft Cloud climbed by 5.31%.