The foreign ministers of UK, France and Germany will hold talks with their Iranian counterpart Abbas Araghchi in Geneva Friday in an attempt to de-escalate the Israel-Iran conflict, which entered its second week.
European ministers are expected to urge Iran to return to the negotiating table, according to reports.
The meeting holds additional significance in the wake of President Donald Trump setting a two-week timeline to open negotiations with Iran before deciding on striking the country alongside Israel.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.