Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
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Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)

Iranian President Hassan Rouhani called Sunday for promoting trade with neighboring countries and boosting non-oil exports to face the impact of the US sanctions.

This came as the Iranian rial fell to a new low only three days after new US sanctions were announced against 18 Iranian banks.

Addressing the government’s Economic Coordination Committee session on Sunday, Rouhani said his government seeks to increase and develop non-oil exports in light of the most severe embargo imposed on the country.

“It is the duty of the competent authorities to remove administrative barriers in commercial relations with neighboring countries and make this matter a priority for their programs so that administrative red tape is addressed,” stressed Rouhani.

He also urged the Ministry of Economy and Finance to expedite the filling of the technical and administrative needs and deficiencies in the border customs departments and to establish a rapid mechanism for issuing approvals for entry and exit of goods.

Meanwhile, head of the Strategic Council on Foreign Relations Kamal Kharrazi said on Sunday that the new US sanctions against 18 Iranian banking institutions aim to bring the Iranian nation to their knees.

Speaking to IRNA, Kharrazi said the objective behind all the US pressures was to bring the Islamic Republic to collapse, but fortunately, with the resistance of the people, the White House did not achieve its sinister goal.

For its part, Kayhan newspaper, which is known as the voice of Iran’s Supreme Leader Ali Khamenei, accused on Sunday Rouhani’s government of greatly damaging the country by “ignoring” the warnings presented to him five years ago, about the presence of gaps in the Nuclear Deal.



Trump Announces 3-day Russia-Ukraine Ceasefire

 US President Donald J Trump makes remarks at an event he is hosting for a group including Gold Star Mothers and Angel Mothers to honor Mother’s Day 2026, in the Rose Garden of the White House in Washington, DC, USA, 08 May 2026.  EPA/AARON SCHWARTZ / POOL
US President Donald J Trump makes remarks at an event he is hosting for a group including Gold Star Mothers and Angel Mothers to honor Mother’s Day 2026, in the Rose Garden of the White House in Washington, DC, USA, 08 May 2026. EPA/AARON SCHWARTZ / POOL
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Trump Announces 3-day Russia-Ukraine Ceasefire

 US President Donald J Trump makes remarks at an event he is hosting for a group including Gold Star Mothers and Angel Mothers to honor Mother’s Day 2026, in the Rose Garden of the White House in Washington, DC, USA, 08 May 2026.  EPA/AARON SCHWARTZ / POOL
US President Donald J Trump makes remarks at an event he is hosting for a group including Gold Star Mothers and Angel Mothers to honor Mother’s Day 2026, in the Rose Garden of the White House in Washington, DC, USA, 08 May 2026. EPA/AARON SCHWARTZ / POOL

US President Donald Trump said Friday the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and an exchange of prisoners, saying it could be the “beginning of the end” of the long war between them.

Trump announced on social media that the ceasefire would run Saturday through Monday.

“I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine,” Trump wrote.

“The Celebration in Russia is for Victory Day but, likewise, in Ukraine, because they were also a big part and factor of World War II.”

The Republican president said the ceasefire includes a suspension of all kinetic activity and the exchange of 1,000 prisoners by each country.

“This request was made directly by me, and I very much appreciate its agreement by President Vladimir Putin and President Volodymyr Zelenskyy.,” Trump said. “Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War.”

Trump added that talks continue over ending the war “and we are getting closer and closer every day.”


Adviser to Iran Supreme Leader Compares Control of Hormuz to ‘Atomic Bomb’

An Iranian woman walks next to a huge anti-US billboard carrying a sentence reading in Persian “The Strait of Hormuz remains closed” at the Engelab (Revolution) square in Tehran, Iran, 08 May 2026. (EPA)
An Iranian woman walks next to a huge anti-US billboard carrying a sentence reading in Persian “The Strait of Hormuz remains closed” at the Engelab (Revolution) square in Tehran, Iran, 08 May 2026. (EPA)
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Adviser to Iran Supreme Leader Compares Control of Hormuz to ‘Atomic Bomb’

An Iranian woman walks next to a huge anti-US billboard carrying a sentence reading in Persian “The Strait of Hormuz remains closed” at the Engelab (Revolution) square in Tehran, Iran, 08 May 2026. (EPA)
An Iranian woman walks next to a huge anti-US billboard carrying a sentence reading in Persian “The Strait of Hormuz remains closed” at the Engelab (Revolution) square in Tehran, Iran, 08 May 2026. (EPA)

An adviser to Iran's supreme leader compared control over the Strait of Hormuz to having an "atomic bomb" on Friday, and vowed not to relinquish it.

Adviser Mohammad Mokhber said Iran had long "neglected" its privileged position along the strait, a vital conduit for oil and gas shipments that Tehran shut early in the Middle East war, throwing markets into turmoil and stranding hundreds of vessels.

"The Strait of Hormuz represents an opportunity as precious as an atomic bomb," he said in a video published by the Mehr news agency.

"Indeed, having in one's hands a position that allows you to influence the global economy with a single decision is a major opportunity."

Pledging not to "forfeit the gains of this war", he went on to say Iran would "change the (legal) regime of this strait", through international law if possible, and unilaterally if not.

Mokhber did not specifically mention charging vessels to use the waterway, but the shipping journal Lloyd's List reported on Friday that Iran had created an authority to approve transit through the strait and to collect tolls.

Iranian officials have previously mentioned implementing such a system, and a senior parliamentarian said in April that Tehran had received its first toll revenue from the strait.

The United States, whose joint attacks with Israel on the country sparked the war in the Middle East, has called tolling in the Hormuz unacceptable, as has the UN's maritime agency.

The strait has become a major bargaining chip in negotiations to end the war, with Iran currently weighing a US proposal to extend the current truce in the Gulf to allow talks on a final settlement of the conflict.


UK PM Starmer Vows to Fight on After Local Polls Drubbing

 08 May 2026, United Kingdom, London: British Prime Minister Keir Starmer meets Labour Party members at Kingsdown Methodist Church Hall. (Stefan Rousseau/PA Wire/dpa)
08 May 2026, United Kingdom, London: British Prime Minister Keir Starmer meets Labour Party members at Kingsdown Methodist Church Hall. (Stefan Rousseau/PA Wire/dpa)
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UK PM Starmer Vows to Fight on After Local Polls Drubbing

 08 May 2026, United Kingdom, London: British Prime Minister Keir Starmer meets Labour Party members at Kingsdown Methodist Church Hall. (Stefan Rousseau/PA Wire/dpa)
08 May 2026, United Kingdom, London: British Prime Minister Keir Starmer meets Labour Party members at Kingsdown Methodist Church Hall. (Stefan Rousseau/PA Wire/dpa)

Keir Starmer vowed to carry on as UK prime minister Friday after taking responsibility for grim local election results that saw the hard right make big gains as disillusioned Britons go off mainstream parties.

"I'm not going to walk away and plunge the country into chaos," Starmer insisted, after his ruling Labour party lost hundreds of councilors in England and admitted defeat in Wales -- one of its iconic heartlands.

Labour was also braced for difficult results in the devolved parliament in Scotland, where the pro-independence Scottish National Party (SNP) said it was on course to extend its 19 years in power.

"The results are tough, they are very tough, and there's no sugarcoating it," Starmer, 63, said.

"We have lost brilliant Labour representatives across the country, these are people who put so much into their communities, so much into our party.

"And that hurts, and it should hurt, and I take responsibility," he added.

The ballot was the biggest electoral test for Starmer since Labour ousted the Conservatives following 14 years in power in a landslide election victory in 2024.

- Missteps -

He has since failed to fulfill his main promise of spurring economic growth and has been plagued by policy missteps, with impatient Britons still suffering a cost-of-living crisis now flocking to insurgent parties.

Nigel Farage's anti-immigrant Reform UK party had gained 641 seats while Labour had lost 460 across 73 of the 136 English councils to announce results by mid-afternoon Friday.

Reform had taken control of three councils -- the counties of Suffolk and Essex in eastern England and the central town of Newcastle-under-Lyme.

Farage said the local election results had demonstrated a "truly historic shift in British politics," adding that Reform "are here to stay".

Pollster John Curtice said the results illustrated a new fragmentation of British politics, with Labour being hit from its right by Reform and its left by the Greens, led by self-described eco-populist Zack Polanski.

Those backing Reform were "broadly people with a relatively socially conservative outlook" who had "lost confidence in the traditional mainstream parties" and were sympathetic to the party's views on issues such as immigration and Brexit, he said.

The ballot decided around 5,000 local council seats, out of 16,000, across England.

London finance worker Ian Tanner said he disliked Starmer's "dreadful policies" but was fearful any replacement might be "even more left wing".

Another finance worker, Dayo Foster, 60, said she believed Labour was doing "all the right things" and that Starmer just needed more time. "I don't want him to resign, no, I think we need a bit of stability".

- Leadership rumors -

In Wales, a Labour spokesperson conceded that the party would lose control of the devolved Welsh government for the first time since the parliament was established 27 years ago.

Reform or the pro-independence Plaid Cymru are expected to become the biggest party.

In Scotland, SNP leader John Swinney declared his party was on track to be the largest. As early results trickled in, Scottish Labour leader Anas Sarwar conceded Labour hadn't won the "argument".

In London, the Greens picked up disaffected left-wingers with a pro-Gaza message.

Hailing the election of Zoe Garbett as mayor in the east London borough of Hackney, a key target area, Polanski called two-party politics "dead and buried"

Kemi Badenoch's right-wing Conservatives lost hundreds of councilors, many in traditional strongholds, although they did gain control of Westminster in central London.

A scandal over Peter Mandelson who was sacked as ambassador to Washington over his links to US sex offender Jeffrey Epstein has contributed to Starmer now enduring rock-bottom approval ratings.

Britain's media has been full of rumors that ex-deputy prime minister Angela Rayner or Health Secretary Wes Streeting could try to oust Starmer after the results.

Neither is universally popular within Labour, however, and would need the backing of 20 percent of the party's MPs to launch a contest.

"Days like this don't weaken my resolve to deliver the change that I promised," said Starmer.