US strikes on Iran won’t stop negotiations, Brazil’s scandal-plagued Bolsonaro seeks Trump boost, Hong Kong becomes leading hub for offshore funds (opens in new tab)

The merry-go-round of negotiations between the two countries continues. The latest began on Saturday, when US President Donald Trump said an agreement was “largely negotiated,” before Iran poured cold water on this. The US military then hit Iranian missile launchers and boats suspected of dropping mines in the Strait of Hormuz on Monday. Iran denounced those strikes yesterday, calling them a sign of “bad faith and unreliability.”Yet Monday’s skirmishes in the Strait don’t “undermine the cease...