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finance
May 15, 2026
Xi, Trump and the Thucydides trap
F
Financial Times (FT)
1 min read
A summit of low expectations did at least restore some stability
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Trump says he was 'an hour away' from Iran strike decision before he postponed it
Asked how long Iran has to come to the table, Trump said it could be two or three days, or perhaps until Sunday or early next week.
Trump says it's not a 'war.' Insurers with money on the line say it is
Businesses in the Middle East bought insurance that protects against terrorism or sabotage, but far fewer purchased coverage explicitly designed to cover "war."
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