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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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Hungary Prepares to Host Controversial Trump–Putin Summit in Budapest

The choice of Budapest has raised attention. Putin faces an arrest warrant from the International Criminal Court, which Hungary is in the process of leaving.

Hungary has confirmed it will guarantee Russian President Vladimir Putin’s entry into the country for an upcoming summit with U.S. President Donald Trump in Budapest. Foreign Minister Péter Szijjártó stated that Hungary would ensure Putin’s safe arrival, participation in talks, and return home, despite the International Criminal Court’s arrest warrant against the Russian leader.

The meeting, expected within the next two weeks, will focus on the war in Ukraine. Prime Minister Viktor Orbán, who has maintained close ties with both Trump and Putin, described preparations as moving “full steam ahead.” He has positioned Hungary as a neutral ground, calling it an “island of peace” amid Europe’s divisions.

The choice of Budapest has drawn sharp attention. Hungary is in the process of withdrawing from the ICC, which critics say allows Orbán to sidestep obligations to detain Putin. Analysts suggest the summit could bolster Orbán’s international profile while straining Hungary’s already tense relationship with the European Union.

If held, the Budapest summit would mark the second Trump–Putin meeting this year, following their August talks in Alaska.


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