Iran war deal progress, Senate fight, World Cup and rice
5/6/202612 min
U.S. President Donald Trump says there’s progress on ending the Iran war and pauses a mission to escort ships through the Strait of Hormuz. Democrats see veteran populist Sherrod Brown as their best bet to retake Ohio, and the Senate. Millions of soccer fans in India and China might not be able to watch next month’s World Cup. And the world’s most consumed staple – rice – is under threat because of fertilizer shortages and soaring fuel costs from the Iran war. Listen to the Morning Bid podcast here. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices
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First 90 secondsKim Vinnell· Host0:00
Hi, I'm Kim Vinnell in Whanganui, New Zealand. It's Wednesday, May 6th. Today, [gentle music] Trump pauses US efforts to move ships through the Strait of Hormuz, citing great progress toward an agreement with Iran. The latest primaries show Trump's ability to influence the GOP remains strong as Democrats look to an Ohio match-up. And millions of World Cup fans in the world's biggest nations may not be able to watch. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week. [gentle music] Just a day after the US began escorting ships through the Strait of Hormuz, President Donald Trump has announced the effort is being paused. In a post on social media, Trump says the short pause has been mutually agreed to, and it's to see whether an agreement with Tehran can be reached, adding that great progress has been made. He said the blockade of Iranian ports remains in force. There was no immediate reaction from Tehran. Hours earlier, Trump had repeated his stance that Iran should be giving up.
Donald Trump· Soundbite1:21
They should wave the white, the flag of, the white flag of surrender. In hockey they say, uh, "Uncle,"