Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a "stupid person" with interest-rate cut hopes absent. Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting. Read more
The iVerify Pakistan team reviewed this content and determined that it is false. To reach this conclusion, iVerify Pakistan analysed the flight-tracking image to verify whether the aircraft mentioned actually existed in the US military and whether the mapped locations were accurate. Posts from multiple Indian users on the social media platform X on Tuesday shared an air traffic map claiming that Pakistan is helping the United States in obtaining crucial intelligence on Iran’s sensitive sites amid the conflict with Israel. However, the image is fake with numerous discrepancies. Nearly 80 people, including top army officers, were killed while civilians were among over 300 wounded in Iran as a result of Israel’s strikes on military sites and private residences on June 13. Iran subsequently launched its retaliation with ballistic missiles fired at Israel, and the two countries continued to exchange volleys over the weekend. Tensions have escalated since, with more than 224 Iranians killed and over 1000 injured, m...
President Donald Trump dramatically stepped up his rhetoric against Iran’s supreme leader on Tuesday amid the country’s ongoing fighting with Israel, saying on social media that the United States knows where Ayatollah Ali Khamenei is located but will not kill him “for now.” The comments fuel questions as to whether Washington would join Israel’s attacks after insisting it had no hand in the campaign. Trump’s sometimes contradictory and cryptic messaging about the conflict has deepened the uncertainty surrounding the crisis. His public comments have ranged from military threats to diplomatic overtures, not uncommon for a president known for an often erratic approach to both domestic and foreign policy. In another post, Trump also appeared to demand Iran’s “unconditional surrender!” as he fuelled questions about whether the US would join Israel’s attacks on Tehran’s leadership and nuclear facilities. “We know exactly where the so-called ‘supreme leader’ is hiding. He is an easy target, but is safe there — We ar...