News

Iran’s Natanz nuclear plant destroyed by Israeli strikes

IAEA reports Iran’s Natanz enrichment plant destroyed by Israel; Iran vows retaliation and asserts right to self-defense.

Published

8 months ago

June 14, 2025

Ahron Young

IAEA reports Iran’s Natanz enrichment plant destroyed by Israel; Iran vows retaliation and asserts right to self-defense.

In Short:
The IAEA confirmed that Israeli strikes have destroyed Iran’s Natanz enrichment plant and caused military activity at other sites. Iran’s Foreign Minister condemned the attacks and vowed a measured response, while Israel aims to dismantle Iran’s nuclear capabilities.

The International Atomic Energy Agency (IAEA) has confirmed the destruction of Iran’s above-ground pilot enrichment plant at Natanz due to Israeli strikes.

IAEA chief Rafael Grossi addressed the U.N. Security Council, stating that Iran is also reporting attacks on the Fordow enrichment plant and another site in Isfahan.

Grossi noted that military activity is occurring around these facilities, but further details are lacking.

JUST IN – Iranian air defense interception over Tehran, red blazes seenpic.twitter.com/QgHOyzO9t9

— Insider Paper (@TheInsiderPaper) June 13, 2025

Iran is enriching uranium at Natanz up to 60% purity, nearing weapons-grade levels. The Fordow site is more fortified, making it a challenging target for air strikes.

Nuclear damage

He added that the electricity infrastructure at Natanz has been damaged, potentially affecting the centrifuges. However, radioactivity levels remain stable and normal.

Iran’s Foreign Minister Abbas Araghchi condemned Israel’s actions as crossing “every red line” and called for accountability from the international community.

He emphasised Iran’s right to self-defense and vowed a measured response to Israel’s strikes.

Iran is NOT playing games anymore.pic.twitter.com/jK6Cjhw3gh

— Jackson Hinkle (@jacksonhinklle) June 13, 2025

In retaliation, Iran executed strikes against Israel on Friday evening. Israel claimed its military campaign targeted nuclear facilities and missile sites, stating its aim is to dismantle Iran’s nuclear capabilities.

Israeli U.N. Ambassador Danny Danon indicated that operations would continue until threats are neutralised. Araghchi described Israel’s actions as violations of Iranian sovereignty and labelled them aggression and war crimes.

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

24 hours ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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News

Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

Published

2 days ago

January 29, 2026

Harvey Vargas

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy

News

Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

Published

2 days ago

January 29, 2026

Harvey Vargas

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy