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.”
Canada has invited 1,000 candidates through its Express Entry system to apply for permanent residence under the Canadian Experience Class.
The invitation round was conducted on Tuesday, August 18, 2026, according to the latest ministerial instructions published by Immigration, Refugees and Citizenship Canada.
The department said candidates required a minimum Comprehensive Ranking System score of 523 to receive an invitation.
“Number of invitations issued: 1,000,” the notice stated.
It added that candidates ranked among the first 1,000 eligible foreign nationals in the group were eligible to receive invitations.
The round was conducted at 10:13:44 UTC on August 18, with a tie-breaking rule of August 17, 2026, at 22:09:00 UTC.
The tie-breaking rule means that “If more than one candidate has the lowest score, the cut-off is based on the date and time they submitted their Express Entry profiles.”
The invitations were issued under the Canadian Experience Class, one of the classes managed through Canada’s Express Entry system.
The ministerial instructions, signed by Canada’s Minister of Citizenship and Immigration, Lena Metlege Diab, in Ottawa on August 18, stated that invitations could be issued between August 18 and August 19, 2026.
“Invitations may be issued to eligible foreign nationals who rank among the first 1,000 eligible foreign nationals in the group ranking,” the instructions stated.
Express Entry is Canada’s primary online system for managing permanent residence applications from skilled workers.
It covers three federal economic immigration programs: the Canadian Experience Class, the Federal Skilled Worker Program, and the Federal Skilled Trades Program.
Candidates create profiles that are ranked using the Comprehensive Ranking System, which awards points for factors including age, education, language ability, work experience, and other human capital attributes.
The highest-ranked candidates are invited to apply in periodic rounds.
The Canadian Experience Class is designed for skilled workers who already have Canadian work experience and wish to become permanent residents. Eligibility generally requires at least one year (1,560 hours) of skilled work experience in Canada within the past three years in occupations under National Occupational Classification TEER categories 0, 1, 2, or 3, along with minimum language proficiency (Canadian Language Benchmark 7 for TEER 0 or 1 jobs, and CLB 5 for TEER 2 or 3).
There is no education requirement and no need to show settlement funds.
Applicants must plan to live outside Quebec.
The August 18 draw followed a pattern of frequent CEC-focused rounds in 2026. A previous Canadian Experience Class draw on August 5 issued 3,000 invitations with a lower CRS cut-off of 516.
The latest round’s reduced volume and higher cut-off of 523 mark one of the more selective CEC invitations so far this year.
As of mid-August 2026, IRCC had already issued well over 113,000 invitations through Express Entry, with a substantial share going to Canadian Experience Class candidates.
Thousands of people turned back from the Spanish enclave of Ceuta and returned to Morocco’s Fnideq began boarding buses home on Friday, with the operation continuing on Saturday, according to AFP journalists at the scene.
A Moroccan source close to the operation told AFP on condition of anonymity that the people sent back by Spain are to be transported home directly by bus or via the railway station in Tangier, 70 kilometres (45 miles) away.
According to the source, the Fnideq border crossing is now “completely secure”, as are the hills overlooking it, from which hundreds of people, mostly young men, had thrown stones at security forces on Friday.
The Spanish government announced on Friday evening that at least 48,000 of the 60,000 people who entered Ceuta in recent days had returned to Morocco.
Late Friday, AFP journalists saw around twenty 54-person-capacity buses depart, for a total of about a thousand people.
Fnideq is a small town of just 70,000 inhabitants, roughly equivalent to the population of the enclave of Ceuta, one of Spain’s two North African enclaves.
The buses were headed for Tangier, Tetouan, or the economic capital Casablanca, all equipped with rail facilities to redirect people who had come from as far away as Marrakech, more than 500 kilometres to the south.
“I heard that buses had arrived to take us back home. Honestly, I just want to see my children again. I regret having come all the way here,” said Rachid Aouchari, 32, from Ksar el Kebir, 170 kilometres from Fnideq, who was turned back from Ceuta during the night from Thursday to Friday.
Until midday Friday, clashes had pitted the security forces against migrants seeking to cross into Spain, either by swimming or on foot along a narrow wall leading to the Ceuta crossing point.
Police responded with water cannons and tear gas against hundreds of young men, arresting dozens of them, according to an AFP journalist.
AFP
A fighter jet crashed and erupted into flames at Marine Corps Air Station Miramar in California on Friday, sending smoke billowing into the sky that could be seen from miles away.
The single-seat F-35B Lightning II aircraft from Marine Aircraft Group 11, 3rd Marine Aircraft Wing, went down short of the runway just before 10 a.m. PT.
“The pilot ejected (and) was transported to a local medical facility in stable condition for evaluation and treatment of non-life-threatening injuries,” according to a statement from the wing.
Airport fire crews sprayed the wreckage with firefighting foam and worked to extinguish a grass fire surrounding the crash site.
“F-35 short final crash,” the Miramar air traffic control tower told firefighters in audio recorded by LiveATC.net. “It appeared that the parachute did deploy … and a pilot ejected.”
The cause of the crash was not immediately clear. Military plane crashes are typically investigated by the military as opposed to civilian crashes which are investigated by the National Transportation Safety Board.
Billed as “the most advanced jet fighter in the world” by its manufacturer, the F-35B is a stealth aircraft that can land like a conventional plane, or vertically, similar to a helicopter. The more than 50-foot-long jet is operated by the US Marines, the United Kingdom and the Italian Air Force. The planes cost about $102 million each, according to the manufacturer.
About 15,000 service members from all branches of the military are based at Marine Corps Air Station Miramar, located in San Diego. (CNN)
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