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The United States says it has launched new attacks on Iran

Middle East: US launches new round of attacks on Iran Published June 10, 2026last updated June 11, 2026What you need to know - US military says it has launched a new round of strikes on Iran - Trump earlier said US will soon strike Iran 'very hard' amid escalating violence - UN secretary-general says there is a risk of a 'lesser fire' becoming a 'full war' - The US has blamed Iran for the crash of an attack helicopter off Oman and had carried out an earlier round of strikes on Iranian sites...

As de-dollarisation trends persist, can the yuan take the euro’s place?

In early April, hours after US President Donald Trump threatened to bomb Iran “back to the Stone Ages” in a prime-time address, China’s yuan-denominated cross-border payment system set a record for transaction volume in a single day. The Cross-Border Interbank Payment System (CIPS) skyrocketed to 1.22 trillion yuan (US$180.3 billion) on April 2, almost doubling the daily average volume in February. The spike occurred as more oil-producing nations rapidly scaled up their share of yuan...