June 12, 2025
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48:21Now PlayingThe US ordered some staff to leave its embassy in Baghdad, officials said, after Iran threatened to strike American assets in the Middle East in the event it’s attacked over its nuclear program. The decision to reduce staffing in Iraq was “based on our latest analysis,” according to the US State Department. Defense Secretary Pete Hegseth authorized family members of US military stationed across the region to leave, according to a Pentagon statement. Neither statement cited a specific threat. But they came after the New York Post published an interview with President Donald Trump in which he said he was less confident the US will reach a deal with Iran. The countries are negotiating an agreement that would curb the Islamic Republic’s nuclear activities in return for sanctions relief. In trade news, President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies. “We’re going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is,” Trump told reporters. “At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” he added. It’s unclear if Trump will follow through with his pledge. The president has often set two-week deadlines for actions, only for them to come later or not at all.
Today's guests: Christian Nolting, Deutsche Bank Private Bank Global CIO, Mario Monti, former Italian Prime Minister & Bocconi University President, Michele Della Vigna, Goldman Sachs EMEA Natural Resources Research Head, Victor Riparbelli, Synthesia CEO & Co-Founder
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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