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Tehran airports resume operations as Iran lifts airspace closure

Iran announced on Thursday the full reopening of its airspace, including over the capital Tehran, after it was closed on June 13 — the first day of the war with Israel.

According to the official IRNA news agency, international airports in Tehran (Mehrabad and Imam Khomeini), as well as airports in the north, east, west, and south of the country, have resumed operations and are ready to handle flights.

Iran had completely shut down its airspace on June 13 following Israel’s unprecedented airstrikes. On June 25, one day after a ceasefire was declared, flight operations had resumed gradually, though only in the eastern regions.

On June 28, Iran further expanded the reopening of its airspace to include foreign airlines flying over its territory.

As of Thursday, only the airports in Isfahan (central Iran) and Tabriz (northwest) remain closed, as both cities were repeatedly targeted in Israeli airstrikes and their infrastructure is still under repair, IRNA said.

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International

Man attacks passengers with axe on german ICE Train

A man attacked several passengers with an axe aboard an ICE train in the southern German state of Bavaria on Thursday.

According to police, four people sustained minor injuries during the incident, and the suspect was taken into custodyshortly afterward.

The attack occurred shortly before 2:00 p.m. (local time) on ICE train number 91, which was traveling from Hamburg-Altona to Vienna, Austria, according to German newspaper Bild.

Authorities have not yet released further details regarding the motive or the identity of the attacker.

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International

Trump to decide soon on deportation exemptions for construction and farm workers

U.S. President Donald Trump stated on Tuesday in Florida that he will make a decision in the coming weeks regarding exemptions from deportations for workers in the construction and agriculture sectors.

Trump made these remarks to the media during a visit to the new migrant detention center, ‘Alligator Alcatraz,’ located in the middle of a wetland in Florida, the White House reported.

ICE (Immigration and Customs Enforcement) raids have targeted many of these workers, sparking fear among them and threatening to slow down two sectors that are vital to the U.S. economy.

In construction, 25.7% of workers are immigrants, and 14.1% of the total workforce nationwide is undocumented, according to the American Immigration Council.

In agriculture, the percentage of undocumented employees rises to 42%, according to data from the Department of Agriculture cited by the New York Times.

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IDB plans $11 billion in sustainable financing to support countries facing currency risks

The Inter-American Development Bank (IDB) aims to unlock at least $11 billion in sustainable financing to help countries address challenges including natural disasters that strain their currencies and hinder private sector investment.

As the United States and other wealthier countries reduce official development assistance, multilateral lenders face pressure to find new ways to tackle issues such as climate change and biodiversity loss. During the Fourth International Conference on Financing for Development, IDB President Ilan Goldfajn stated that the measures adopted by the IDB are expected to inspire more private sector contributions, which is a key priority of the conference.

“We are not just announcing ideas; we are launching what the private sector is asking for: credible tools, scalable platforms, and real opportunities to invest with impact and confidence,” he added.

Support will include a new platform designed to help countries manage the risk of large swings in their national currencies that can deter international investors by making returns harder to predict. Based on a program in Brazil that has already attracted $8 billion from the private sector since its launch last year, the plan is to expand the concept to other regional economies over the next three years and at least double the amount mobilized.

Called FX EDGE, the platform will offer a credit line that activates if a currency drops sharply—a common problem during political or debt crises or after natural disasters—ensuring debtors can continue to service their loans in dollars or other foreign currencies.

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The platform also aims to enable greater use of long-term currency hedging instruments, such as derivatives, through local banks and financial institutions, backed by the IDB’s credit rating.

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