British Prime Minister Theresa May and US President Donald Trump met when he visited the UK last July. AP
British Prime Minister Theresa May and US President Donald Trump met when he visited the UK last July. AP

Britain's May urges Trump not to end Iran nuclear pact



Theresa May has urged Donald Trump not to unravel the Iran nuclear deal, saying it is “vitally important for regional security”.

In a phone call between the two leaders on Tuesday night, ahead of a crunch speech by the US President on his Iran strategy later this week, Britain’s Prime Minister insisted that the UK remains strongly committed to the deal.

Mr Trump is widely expected to “decertify” the landmark international deal to curb Iran's nuclear program, having criticised it as an “embarrassment” and “the worst deal ever negotiated”. It is a step that could lead to renewed US sanctions against Tehran.

The Iran nuclear pact was a signature foreign policy achievement of his Democratic predecessor Barack Obama, and signed in 2015 by the US, Britain, France, Germany, Russia, China, the European Union and Iran.

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Read more:

Trump to ‘decertify’ Iran nuclear deal

After de-certification, fight over Iran nuclear deal goes to US Congress

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If Mr Trump declines to certify Iran's compliance with the accord, US congressional leaders would have 60 days to decide whether to reimpose sanctions on Tehran suspended under the agreement.

A Downing Street spokesman said that Mrs May had "reaffirmed the UK's strong commitment to the deal alongside our European partners, saying it was vitally important for regional security".

"The PM stressed that it was important that the deal was carefully monitored and properly enforced," the spokesman said.

He added that the two leaders had also discussed the need for the UK, US and others to work together to counter destabilising Iranian activity in the region.

Britain’s foreign secretary Boris Johnson has also stepped up diplomatic efforts to save the deal, which he called “a crucial agreement that neutralised Iran’s nuclear threat”.

Mr Johnson called Rex Tilleron and Javad Zarif, his counterparts in the US and Iran respectively, yesterday to underline the continued benefits of the Joint Comprehensive Plan of Action for all sides.

In a statement, he said: “The UK supports the deal and stresses the importance of all parties continuing to uphold their commitments.”

He added: “We have made no bones about our deep concern at Iran’s destabilising regional activity, including its ballistic missile programme, but I remain steadfast in my view that the nuclear deal was an historic achievement that has undoubtedly made the world a safer place.

“It was the culmination of 13 years of painstaking diplomacy and has increased security, both in the region and in the UK. It is these security implications that we continue to encourage the US to consider.”

On Wednesday, Mr Johnson will meet Iranian Vice President Dr Ali Akhbar Salehi in London to press for Iran’s continued compliance with the JCPoA. Dr Salehi is head of Iran’s nuclear agency and will be in London following his attendance at a nuclear conference in Rome.

The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

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Heavyweight: Renan Ferreira v Ryan Bader
Middleweight: Impa Kasanganay v Johnny Eblen
Featherweight: Jesus Pinedo v Patricio Pitbull
Catchweight: Ray Cooper III v Jason Jackson

Showcase Bouts
Heavyweight: Bruno Cappelozza (former PFL World champ) v Vadim Nemkov (former Bellator champ)
Light Heavyweight: Thiago Santos (PFL title contender) v Yoel Romero (Bellator title contender)
Lightweight: Clay Collard (PFL title contender) v AJ McKee (former Bellator champ)
Featherweight: Gabriel Braga (PFL title contender) v Aaron Pico (Bellator title contender)
Lightweight: Biaggio Ali Walsh (pro debut) v Emmanuel Palacios (pro debut)
Women’s Lightweight: Claressa Shields v Kelsey DeSantis
Featherweight: Abdullah Al Qahtani v Edukondal Rao
Amateur Flyweight: Malik Basahel v Vinicius Pereira

How Apple's credit card works

The Apple Card looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. Its attributes include quick sign-up, elimination of most fees, strong security protections and cash back.

What does it cost?

Apple says there are no fees associated with the card. That means no late fee, no annual fee, no international fee and no over-the-limit fees. It also said it aims to have among the lowest interest rates in the industry. Users must have an iPhone to use the card, which comes at a cost. But they will earn cash back on their purchases — 3 per cent on Apple purchases, 2 per cent on those with the virtual card and 1 per cent with the physical card. Apple says it is the only card to provide those rewards in real time, so that cash earned can be used immediately.

What will the interest rate be?

The card doesn't come out until summer but Apple has said that as of March, the variable annual percentage rate on the card could be anywhere from 13.24 per cent to 24.24 per cent based on creditworthiness. That's in line with the rest of the market, according to analysts

What about security? 

The physical card has no numbers so purchases are made with the embedded chip and the digital version lives in your Apple Wallet on your phone, where it's protected by fingerprints or facial recognition. That means that even if someone steals your phone, they won't be able to use the card to buy things.

Is it easy to use?

Apple says users will be able to sign up for the card in the Wallet app on their iPhone and begin using it almost immediately. It also tracks spending on the phone in a more user-friendly format, eliminating some of the gibberish that fills a traditional credit card statement. Plus it includes some budgeting tools, such as tracking spending and providing estimates of how much interest could be charged on a purchase to help people make an informed decision. 

* Associated Press 

COMPANY PROFILE

Name: Shaffra
Started: 2023
Based: DIFC Innovation Hub
Sector: metaverse-as-a-Service (MaaS)
Investment: currently closing $1.5 million seed round
Investment stage: pre-seed
Investors: Flat6Labs Abu Dhabi and different PCs and angel investors from Saudi Arabia
Number of staff: nine

COMPANY PROFILE

Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others

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The Specs

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Power: 118hp
Torque: 149Nm
Transmission: Six-speed automatic
Price: From Dh61,500
On sale: Now