🇺🇸🇮🇷 IRAN-U.S. AGREEMENT: WHAT TRUMP JUST ANNOUNCEED
Trump has just posted on Truth Social outlining the key points of what appears to be a framework
agreement with Tehran:
What Iran would agree to:
→ Zero nuclear weapons
→ The Strait of Hormuz open without tolls, in both directions
→ Complete demining of the strait (the US has already neutralized several mines using its minesweepers)
The nuclear issue:
→ The enriched uranium buried deep underground following the B-2 strikes 11 months ago will be extracted and destroyed—jointly by Washington, Beijing, Tehran, and the IAEA
→ No financial transfers for the time being
Background:
→ Trump announces he is heading immediately to the Situation Room for a “final decision”
→ The U.S. naval blockade is reported lifted ships — blocked in the Strait can return
⚠️ It remains to be seen what “destroying” the enriched uranium buried under collapsed mountains actually means, and what the deliberately vague “other points” section covers.
⚪️
USDA Destroying 420,000 peach trees after Del Monte closes all California canneries for good
Del Monte (139 years old) filed bankruptcy as rising energy prices and steel tariffs exacerbated an already bad balance sheet. They closed their Modesto and Hughson canning plants and canceled long-term contracts worth hundreds of millions.
Farmers now have no buyer for clingstone peaches meant for canning.
The USDA is "helping" farmers, providing $9m to destroy the orchards, calling it 'support for transitioning.'
This is what systemic failure looks like in a centralized food supply: one big player collapses, and the entire chain breaks.
Grow your own food! De-centralize! #GoGrow
🇺🇸 Americans Are About to Pay Even More at the Grocery Store
As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.
A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027.
The hit to US household finances from higher grocery bills is set to intensify just ahead of the November midterm elections, amplifying affordability as a defining issue. And to a greater extent than the surge in gas prices, the slower-moving food shock will be difficult to reverse quickly because the size of autumn harvests is determined by planting decisions made in the spring.
“It’s going to be a challenging year,” said Ricky Volpe, an agribusiness professor at California Polytechnic State ...