Latest The Wall Street Journal News & Updates

Washington, April 15 (IANS) Amidst growing concerns over Donald Trump’s stance on the alliance and tensions linked to the Iran war, Europe is drawing up a contingency plan to defend the continent using NATO’s existing military structures if the United States reduces its role, a media report said.Officials are working on proposals some have referred to as a “European NATO”, seeking to place more Europeans in the alliance’s command-and-control roles and supplement US military assets with…

Washington, April 12 (IANS) US media coverage of the ongoing Iran talks in Islamabad on Saturday focused on prolonged negotiations, deep divisions over key issues, and heavy security measures surrounding the high-level meetings in the Pakistani Capital.Reports by The New York Times, The Wall Street Journal and The Washington Post described the talks as a marathon diplomatic effort between long-time adversaries, with discussions stretching late into the night and into early Sunday.The New York Ti…

Washington, April 10 (IANS) US President Donald Trump accused Iran of violating a ceasefire understanding by restricting oil shipments through the Strait of Hormuz, and warned Tehran against imposing fees on passing tankers.“Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz,” Trump said in a social media post. “That is not the agreement we have!”His remarks come amid reports that only a handful of vessels have crossed the strat…

New Delhi, April 9 (IANS) Entertainment conglomerate Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with a significant number of layoffs likely in its marketing division, according to a report.The Wall Street Journal said, citing sources, that the plans for the job cuts were initiated before Josh D’Amaro took over as the company’s chief executive officer in March.The layoffs are expected to impact less than 1 per cent of Disney’s total workforce. The company had aroun…

Washington, April 8 (IANS) Oil prices dropped sharply after US President Donald Trump said he would pause planned military strikes on Iran for two weeks, easing fears of a wider conflict in the energy-rich Gulf region. US crude futures fell below $100 a barrel, reversing recent gains driven by weeks of tensions around the Strait of Hormuz, a key global oil transit route, The Wall Street Journal said on Tuesday (Local time).The decline followed Trump’s announcement that he would suspend attacks…

Washington, April 7 (IANS) US President Donald Trump signalled that the United States could play a role in rebuilding Iran if a deal is reached, even as he warned of sweeping destruction if negotiations fail.“We may even get involved with helping them rebuild their nation,” Trump said, suggesting a post-conflict role for Washington.The remark came alongside a stark warning about potential strikes on Iranian infrastructure. “Every bridge in Iran will be decimated… every power plant… bur…

Washington, April 7 (IANS) US President Donald Trump sharply criticised NATO and key US allies for not supporting Washington’s military campaign against Iran, calling the alliance a “paper tiger”.“NATO is a paper tiger,” Trump said, arguing that the alliance had failed to step up during the conflict.He said allies had “gone out of their way not to help” and even declined to provide logistical support. “They didn’t even want to give us landing strips,” he said.Trump broadened …

Tehran, April 6 (IANS) Iran on Monday warned of “much more devastating” and extensive retaliation if its civilian targets are further attacked. “If attacks on civilian targets are repeated, the next stages of our offensive and retaliatory operations will be much more devastating and widespread,” said a spokesman for the Khatam al-Anbiya Central Headquarters.Earlier, US President Donald Trump threatened to destroy Iran’s civilian infrastructure if the Strait of Hormuz remains closed.In another de…

Washington, April 6 (IANS) President Donald Trump signalled potential large-scale strikes on Iranian infrastructure if Tehran does not comply with US demands, outlining a hardline stance in an interview with The Wall Street Journal.Trump warned that Iran could face widespread destruction of key assets, including power plants and bridges, if it fails to act within a set timeline.“If they don’t do something by Tuesday evening, they won’t have any power plants and they won’t have any bridge…

Washington, April 6 (IANS) US forces carried out a high-risk rescue of a downed American airman inside Iran, using a deception campaign and a complex military operation to extract him from hostile territory, according to multiple media reports.The mission followed the downing of a US F-15E fighter jet over Iran, leaving one crew member stranded for nearly two days as Iranian forces searched for him.US intelligence officials launched a deception effort to buy time, spreading false information tha…