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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...
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Ecuador’s Trade Pivot: Noboa Imposes 27% Tariff on Mexican Imports

Ecuador’s President Daniel Noboa has announced a 27% tariff on Mexican goods, a move aimed at ensuring fair treatment for domestic companies amid ongoing trade imbalances. Speaking on the social platform X, Noboa reiterated his openness to expanding trade and even signing a free trade agreement with Mexico—provided that current abuses are addressed. Until such an agreement is reached, the tariff will remain in effect.

The decision follows heightened diplomatic tensions that arose last year after relations between Ecuador and Mexico soured over a controversial raid on the Mexican embassy in Quito to arrest a former Ecuadorean vice president. The strained relationship has left Mexico’s economy ministry yet to comment on the new measure.

Notably, this announcement comes just days before Ecuador’s first-round general election, in which Noboa is seeking re-election. The tariff is seen as both a protective economic measure and a politically strategic move to appeal to local industries that have long argued for fairer trade practices.


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