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Iran Herald

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Morgan Stanley sees US Fed holding rates steady in 2026 as easing inflation boosts fixed-income outlook

New York [US], July 23 (ANI): Morgan Stanley Research expects the US Federal Reserve to keep interest rates unchanged through 2026 despite market expectations of at least one rate hike, arguing that moderating inflation and already-tight financial conditions reduce the need for further policy tightening.In a report titled 'Watch Out for a Fed Pause', the investment bank said markets may be overestimating the lik

6 hours ago

Patriot defence system, MQ-9 drone depot in Kuwait, THAAD radar system in Jordan destroyed in Iran's retaliatory strikes

Tehran [Iran], July 23 (ANI): Iran's Islamic Revolutionary Guard Corps (IRGC) and Army on Thursday carried out retaliatory strikes targeting US military facilities in Kuwait and Jordan, claiming the destruction of a Patriot defence system, an MQ-9 drone depot in Kuwait and a THAAD radar system in Jordan.In a statement, carried by Iranian state media Islamic Republic of Iran Broadcasting (IRIB), the IRGC said its

7 hours ago

US House passes $1.15 trillion defence policy bill in victory for Trump amid partisan divide

Washington DC [US], July 23 (ANI): The US House of Representatives on Wednesday narrowly passed a sweeping USD 1.15 trillion defence policy bill, largely along party lines, handing a political win to US President Donald Trump while deepening partisan divisions over his administration's defence priorities and Iran policy, Politico reported.According to Politico, the annual National Defense Authorization Act (NDAA

7 hours ago

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Even as US, Iran fight on tenth day, envoys hold talks in Pakistan

ISLAMABAD, Pakistan: On July 21, diplomats tried to save a temporary agreement between Iran and the United States that had broken down, while both countries continued attacking each other on the 10th day of renewed fighting. Iranian Interior Minister Eskandar Momeni visited Pakistan, which has been an important mediator in the conflict. His visit showed that diplomatic efforts were increasing, but it was still u

7 hours ago•
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China, Egypt make vital contributions to global peace, development: Chinese FM

MANILA, July 23 (Xinhua) -- Over the past 70 years, China and Egypt have made vital contributions to advancing global peace and development, Chinese Foreign Minister Wang Yi said here on Thursday.Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during his meeting with Egyptian Foreign Minister Badr Abdelatty in Manila, the Philippines.This yea

7 hours ago

Jordan intercepts four missiles, six Iranian drones over past 24 hours

AMMAN, 23rd July, 2026 (WAM) -- The Royal Jordanian Air Force dealt with four missiles and six Iranian drones targeting the Kingdom over the past 24 hours, an official military source at the General Command of the Jordanian Armed Forces--Arab Army said. According to the Jordan News Agency (Petra), the source said air defence systems intercepted and shot down three of the incoming missiles on Thursday morning, wh

8 hours ago

Houthis claim attack on two Saudi oil tankers in Red Sea days after Riyadh forces targeted Sanaa airport

Sanaa [Yemen], July 23 (ANI): Yemen's Houthi group on Wednesday (local time) claimed responsibility for an attack on two Saudi oil tankers in the Red Sea, days after Saudi forces carried out strikes on Sanaa airport, escalating tensions between Riyadh and the Iran-backed group.Brigadier General Yahya Saree Qasim Saree, the official spokesperson for the Houthis, claimed in a statement on Telegram that the group's

10 hours ago

US military completes 12th straight night of strikes on Iran

WASHINGTON, 23rd July, 2026 (WAM) -- The US military said on Wednesday it completed its latest round of strikes on Iran for a 12th successive night of American attacks.US forces struck Iranian military targets including maritime capabilities, missile and drone storage facilities, coastal surveillance sites, and air defence assets, the US Central Command said in a statement.

12 hours ago

US CENTCOM "completes" fresh strikes on Iran for 12th consecutive night

Washington DC [US], July 23 (ANI): The US Central Command (CENTCOM) on Wednesday (local time) said that it has completed another round of strikes against Iran, marking the 12th consecutive night of operations, as American forces targeted Iranian military infrastructure, including maritime capabilities, missile and drone storage facilities, coastal surveillance sites and air defence assets.In a statement, CENTCOM

12 hours ago•
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Explainer: Why U.S. threatens to strike Iran's Pickaxe Mountain?

CAIRO, July 23 (Xinhua) -- Tensions between Washington and Tehran have escalated in recent days, with Pickaxe Mountain -- a fortified site near Iran's Natanz enrichment facility -- emerging as the confrontation's new flashpoint.Threats from Washington to strike the fortified underground complex have widened the rift between the two sides, stoking fears of renewed instability across the Middle East.</p

13 hours ago
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