Giving a ray of hope towards ending hostilities in the 24-days-old Middle East war, President Donald Trump said he will "postpone any and all strikes against Iranian power plants and energy infrastructure" for five days following "productive conversations" regarding a "complete and total resolution" to the conflict.
"I am pleased to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East," he said in a statement posted on TruthSocial Monday.
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.