The World in Brief from The Economist

Donald Trump said America would continue talks with Iran, but repeated his earlier declaration that their ceasefire is “over”; The share price of SK Hynix opened at $170 on the Nasdaq—around 14% higher than its offering price of $149.

Iran and America continued to trade strikes, even as Iran was burying Ali Khamenei. Also, Kevin Warsh named academics, business leaders and former central bankers to lead new task forces.

Israel’s defence minister said his country was prepared to resume attacks on Iran and would do so “with even greater force”, as fighting between America and Iran escalated.

Israel’s defence minister said his country was prepared to resume attacks on Iran and would do so “with even greater force”, as fighting between America and Iran escalated; Kevin Warsh, the Federal Reserve chairman, named academics, business leaders and bankers to lead new task forces at America’s central bank.

Iran struck American bases in Bahrain and Kuwait.  Also, oil prices jumped following the escalation in fighting.

America said it launched fresh strikes on Iran for “unjustified aggression against commercial shipping”, hours after Donald Trump declared the ceasefire “over”.

America said it launched fresh strikes on Iran for “unjustified aggression against commercial shipping”, hours after Donald Trump declared the ceasefire “over”; At NATO’s summit in Turkey Mr Trump said he would “cut off” all American trade with Spain, calling it a “terrible partner” because of its low defence spending.

Donald Trump said the ceasefire between America and Iran was “over” after renewed fighting between the two countries. Also, At NATO’s summit in Turkey Mr Trump said he would “cut off” all American trade with Spain.

America said it launched “powerful strikes” on Iran in response to reported Iranian attacks on ships sailing through the Strait of Hormuz.