
International
$300bn reconstruction aid, sanctions lift’ – US-Iran MoU details emerge
The following is the text of the US-Iran Memorandum of Understanding, as read out by a senior US official to reporters on Wednesday:
“The United States of America and Islamic Republic of Iran have jointly agreed in good faith on (a date yet to be determined, the official said), on the following:
“Paragraph 1 – The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU, declare an immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.
“Paragraph 2 – The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity and to refrain from interfering in each other’s internal affairs.
“Paragraph 3 – The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days extendable with mutual consent.

“Paragraph 4 – Immediately upon the signing of this MOU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove its forces from the proximity of the Islamic Republic of Iran within 30 days after the final deal.
“Paragraph 5 – Upon the signing of this MOU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only, from the Persian Gulf to the Sea of Oman, and vice versa. The traffic of commercial vessels will immediately start, and considering the need for removing the technical and military obstacles, and de-mining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialogue with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states, in line with the applicable international law and the sovereign rights of coastal states of the Strait of Hormuz.
“Paragraph 6 – The United States of America undertakes with regional partners to develop a definitive mutually agreed plan with at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of a final deal within 60 days. All required licenses, waivers, and permissions needed for the relevant financial transactions will be granted by the United States of America.
“Paragraph 7 – The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, IAEA Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, in an agreed-upon schedule as part of the final deal. The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned, and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.
“Paragraph 8 – The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to a mechanism that will be mutually agreed upon in accordance with the schedule mentioned in Paragraph 7, with the minimum methodology to be down-blending on site under the supervision of the IAEA. The two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to the Islamic Republic of Iran’s nuclear needs, based on a satisfactory framework being agreed upon in the final deal. The final deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned, and express their intention to immediately address these issues in the negotiation in order to achieve mutual agreement on them.
“Paragraph 9 – Pending the final deal, the United States of America and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status quo of its nuclear program, and the United States of America will not impose any new sanctions, and will not deploy additional forces in the region.
“Paragraph 10 – The United States of America undertakes that immediately upon the signing of this MOU, and until the termination of sanctions, US Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.
“Paragraph 11 – The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran upon the implementation of this MOU. The United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiations. Such funds, whether retained in the original account or transferred, shall be made fully usable for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and authorizations accordingly.
“Paragraph 12 – The United States of America and Islamic Republic of Iran agree that an executive mechanism will be established to monitor the successful implementation of this MOU and the future compliance of the final deal.
“Paragraph 13 – After signing this MOU and subject to the beginning of the implementation of Paragraphs 1, 4, 5, 10 and 11 of this MOU, and the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final deal exclusively on the other paragraphs.
“Paragraph 14 – The final deal will be endorsed by a binding UNSC resolution.”
International
Six people missing as plane vanishes from Bermuda to Boston
There are grave fears for the passengers of a private plane that suddenly vanished mid-flight, sparking a major search off the coast of the US.
US authorities say the Gulfstream G100 lost contact with air traffic control about 2am local time on Saturday (4pm Saturday AET) while flying from L.F. Wade International Airport in Bermuda to Boston Logan International Airport.
The US Coast Guard said the Federal Aviation Administration alerted it after contact was lost with the aircraft – which plummeted from 23,500 feet to 11,000 feet in just three minutes, according to FlightAware data.
“We are praying for a safe outcome,” a spokesperson for Latitude Air Ambulance, which operates the missing plane, told City News.
A search is now under way off Nantucket in the air and on water as crews work to locate the missing jet, the Coast Guard said. Data from FlightRadar24 showed a number of aircraft searching south of the island.

Six people are missing after a private jet vanished, sparking a major search off the coast of Nantucket in the US.
The plane was en route from Bermuda to Boston when it vanished.
“Air & surface crews have launched in search of the aircraft. Updates will be provided here as info becomes available,” the Coast Guard Northeast District said on X.
The plane was carrying out a medical evacuation in Bermuda – a British overseas territory in the north Atlantic Ocean, according to Clarence Togeretz, Director of Flight Operations at Latitude Air Ambulance.
“We always get rather concerned when our crew doesn’t report to us in a timely manner,” he told NBC News.
“But I will say that again, optimistically and positively, that doesn’t mean that the worst has happened.”
International
27 feared dead after two mass shootings in South Africa
Seventeen people were killed when eight gunmen stormed a bar close to Johannesburg on Saturday evening, with 15 more injured.
In a separate shooting in the early hours of Sunday morning, 10 people were killed outside an entertainment venue in a township near Cape Town and a further 11 were injured.
South Africa has one of the highest murder rates in the world and has struggled to contain gang-related gun violence in recent years. Police have not indicated a motive for either of the latest attacks.
In Johannesburg, gunmen opened fire on customers outside the bar before continuing the attack inside and torching two vehicles before fleeing.
Police said thirteen men and four women were killed.

Deputy provincial police commissioner Maj Gen Fred Kekana said the attack may have been a retaliation for an incident last month, in which one person was killed and another wounded, according to AFP news agency.
Speaking at the scene, he said police had clear pictures and in some cases names for the suspects.
In Cape Town, five victims died at the scene and a further five people died in hospital.
No arrests had been made in either case on Sunday morning.
The two mass shootings came days after 11 people were killed in the city of Duban when gunmen stormed a house in the KwaMakhutha township.

Illegal weapons are prevalent in South Africa and gun violence has been a persistent problem for decades, with about 60 murders recorded every day in the country of 62 million.
But a recent spate of mass shootings has raised fears that the problem is deepening, with violence often linked to turf wars between gangs engaged in drug trafficking and illegal mining.
In February, President Cyril Ramaphosa called organised crime “the most immediate threat to our democracy, our society and our economic development”.
Earlier this year the military was deployed alongside police in areas with the highest murder rates in an effort to reduce armed violence.
On Saturday a tenth woman’s body was found in Ekurhuleni, to the east of Johannesburg, with local police saying they were unable to rule out a serial killer operating in the area with similarities between the deaths. (BBC)
International
US has deported 25,000 to third countries under secretive deals – Report
The United States has deported more than 25,000 people under secretive agreements with 35 countries to take migrants with no ties to those nations, according to an investigation published Monday.
Since US President Donald Trump took office in January 2025, Washington has been signing deals with developing countries to take migrants who cannot legally be sent home.
The investigation by Forbidden Stories found the administration has earmarked $410 million to be paid directly to the receiving countries, or to UN agencies to facilitate the returns.
At least 25,447 people had already been deported to third countries by August 31, 2026, according to data compiled by Forbidden Stories with a consortium of international journalists.
The vast majority — around 20,000 — were sent to Mexico, but the rest were dispersed to 27 other countries across Latin America, Africa, and the Pacific, and agreements have been finalised with seven more.

The deals vary, including over which nationalities can be deported and whether people with criminal records can be accepted.
An AFP investigation earlier this year found Washington is using visa bans and restrictions on African countries to strongarm them into accepting deportees.
Lawyers told AFP that deportees were being thrown into a “legal black hole”, held without charge in countries where they have no ties and few if any rights.
Forbidden Stories said 49 of Africa’s 54 countries had been approached about accepting third-country deportees.
A little-known State Department division called the Office of Remigration, created in May 2025, has handled most of the negotiations and payments, according to Forbidden Stories.
The office is headed by Christian Jove Ehrhardt, a 41-year-old diplomat who previously worked as a security officer.
The report details his visits to Cameroon, which signed a memorandum of understanding with the US in December on accepting deportees. A week later, it also signed a five-year health assistance programme worth nearly $400 million.
The following month, the State Department said it would provide a further $30 million to the UN Refugee Agency (UNHCR) in Cameroon to “facilitate the voluntary return of refugees and combat illegal immigration.”
The first plane carrying deportees arrived in Cameroon on January 14.
– Payments –
Other agreements have involved direct payments to governments.
Palau, a small Pacific island nation with a population of under 18,000, signed an agreement in December 2025 to accept up to 75 third-country nationals in return for $7.5 million.
However, only three people have so far been sent under the agreement.
In Eswatini, 32 people have arrived since July 2025 out of a possible 160 under an agreement worth more than $5 million. It has accepted deportees with criminal records, the investigation found.
Of the $410 million planned for the agreements, internal State Department records showed that $81 million was earmarked for signatory governments.
The rest was intended for aid organisations, including more than $178 million for the UN’s International Organisation for Migration, and $123 million for UNHCR.
The agencies have faced criticism over their involvement, although UNHCR told Forbidden Stories that it was not party to the bilateral agreements and that US funding was being used in line with its mandate to strengthen asylum systems.
An IOM spokesperson told Forbidden Stories that the agency’s decisions to accept funding rested “on a single question: whether our engagement will improve the lives of the migrants affected. In these instances, we believe strongly it does.”
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