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HORMUZ SHOWDOWN: TRUMP'S 'PROJECT FREEDOM' VS IRAN'S UNYIELDING GRIP ON THE STRAIT
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'Nacho Trump': financial markets no longer believe Hormuz will reopen
Dominant angle identified — does not reflect unanimity of this country’s media
A new nickname is circulating in financial markets for Trump: 'Nacho Trump.' Behind this Mexican food pun lies a grim acronym: 'Not A Chance Hormuz Opens.' Spotted by Bloomberg columnist Javier Blas, this sobriquet captures the perception of a lasting impasse.
Le Monde covered Merz's ARD television interview where the German chancellor insisted on maintaining 'the transatlantic relationship' despite tensions. German Foreign Minister Wadephul called Iranian counterpart Araghchi on Sunday, demanding Iran immediately reopen the strait and 'completely and verifiably' abandon its nuclear weapons program.
RFI highlighted an angle ignored by others: the Hormuz crisis is strangling humanitarian aid to Africa. The cost of shipping UNHCR provisions from Dubai to Sudan and Chad has nearly doubled, from $900,000 to $1.87 million. Deliveries take 25 extra days as shipments must circumnavigate Africa via the Cape of Good Hope.
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