Live from NPR News in Washington, I'm damn Ronan.
President Trump said Friday he plans to declare the straight of Hormuz's U.S. territory.
“The straight is bordered by Iran on the northern coast and”
Iran on the southern coast. And an event on Long Island, New York, the president did not elaborate on how the U.S. would accomplish this when he made the announcement. Pretty soon, I'll be declaring the Hormuz straight a territory of the United
States. (applause) Chancellor, we have the blockade. No ships get through unless we want them to. On several occasions, since the U.S. is really war against Iran began a late
February, the president is declared that the U.S. has control over the
critical, critical, narrow waterway, who are an estimated 20% of the world's oil
and gas flows through. President Trump's Iran war hasn't gone the way he promised it would the administration now says it will wage economic warfare against Iran.
“Ordinary Iranians, they will bear the brunt of that pain.”
NPR's Hadidil al-Shashi reports from Vancouver. All Iranians and PR spoke to Invan, agreed on one thing. Their country has become expensive. A tray of 30 eggs is now $5.00, double what it was about a month ago. Cooking oil is $3 for a 30 ounce bottle.
That jumped about 30% in a month. A personal trainer who just arrived from Tehran said she can't afford much there anymore. Like, travel, like fine clothes. Like, for example, I eat a lot of protein a day.
Now I have to limit that. She didn't want to be identified for fear of retribution from the regime. She said that people in Tehran were tensed and on edge because of uncertainty and the only hope for a future was to emigrate from Iran. Hadidil al-Shashi and PR news, Vaan Turkey.
It was a mixed week for the stock market. NPR's Scott Horsley reports that investors digest the news on inflation and consumer spending. Inflation cooled a bit in July as both gasoline and grocery prices fell. The cost of living overall was up 3.4% from a year ago. Expectations at the Federal Reserve will feel the need to raise interest rates next month.
Felt after somewhat tamer inflation report. The Fed will get one more monthly check on prices before its next rate setting meeting. Retail spending fell by 6/10% last month. The bigger drop than forecasters expected. The downshift was partly the result of Amazon's decision to hold its prime day sales event earlier,
shifting some online spending into June.
For the week, the Dow slipped half a percent while the Nasdaq rose, a tenth of a percent, and the S&P 500 index jumped a third of a percent.
Scott Horsley and PR news, Washington. Thomas Goldstein, a one-time prominent lawyer who argued numerous cases before the Supreme Court, we sentenced Friday to six years in prison for mortgage fraud and IRR asked fraud. This is NPR. An American missionary kidnapped in Niger 9 months ago is returning home.
The Christian aid group has confirmed his release and PR's dual-bright reports. Kevin Raidouts, who was abducted in Niger's capital Niyami Dastoktober, is in good health and will soon be reunited with his family. Simming the national set in his statement. There are no details on where he'd been held or how he was released.
The state department has not confirmed the release. While no group ever claimed responsibility for his abduction, a number of jihadist organizations linked to al-Qaeda and Islamic State group operates in the West African country. In 2012, Niger's military overtrue did democratically elected government in a coup. Now ruled by a junta that is hostile to the West.
The US was forced to close down an air base in Niger, which had been used to support counterterrorism operations. Jewelbright's MPR News Zegas. Dr. Anthony Fauci, the former NIH director, said Friday he is declining a request to volunteer the appear for a second time before a Senate subcommittee.
In a letter to Wisconsin, Republican Senator Ron Johnson. Fauci's lawyer said any attempt to compel Fauci to testify would only be to harass or degrade him for political purposes. During a July 29 hearing, Fauci invoked his fifth amendment right against self and cremation when he was asked about the COVID-19 pandemic.
The Trump administration is asking the Supreme Court to allow
construction to continue on the multi-million-dollar ballroom project
while it appeals that lower court ruling. This is NPR News. Support for NPO. This week on Consider This, stories about the Trump administration. Here how a former Olympian was targeted by the Justice Department over damage to the reflecting
“bull, plus inside Trump's secret decoy flight out of Turkey that left press”
and cabinet officials on Air Force One without him. Listen for those stories and more of the week's biggest news.
