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Trump addresses UN with mixture of boasts, threats and jibes | First Thing

geopolitical_tensionsGlobalThe Guardian23 Sept, 12:01 UTC

Context

US-Iran meeting takes place on sidelines despite president’s threat to ‘annihilate’ Tehran regime. Plus, one man’s month-long odyssey into pilates Good morning. Donald Trump has used the platform of the UN general assembly in New York to threaten to “annihilate the Islamic republic” of Iran, “and do it quickly”. He called on countries to unite to isolate Tehran and bring down global energy prices. Despite his bombastic rhetoric, Trump also said Iranian officials held three hours of talks with the US special envoy Steve Witkoff on the sidelines of the meeting. Witkoff said he felt very good about the meeting, the first such contact since the US-vice-president, JD Vance, met an Iranian delegation in Switzerland in June. A senior Iranian official also indicated that Iran was prepared to reopen the strait of Hormuz within a week. What else did Trump say at the UN? The president doubled down on his defence of AI development, saying warnings about runaway agents were a “hoax”; announced the US would build new military bases in Greenland; attacked the international criminal court as a “rogue organisation”; and prompted the Cuba’s delegation to stage a walkout when he described the country as a “failed state”. Did he continue his attacks on US media networks? Trump scolded a CNN anchor for covering him at the UN, saying “I’m surprised that CNN is here covering me. You should not be here covering me. You said you weren’t going to cover me.” Last week, the president announced he was banning CNN, Politico and MS Now from the White House. Follow UN proceedings live today here. Where else is the president seeing dissent from Republicans? Another prominent Florida Republican has publicly distanced himself from Trump, days after María Elvira Salazar called out the president’s immigration-enforcement policy targeting law-abiding undocumented immigrants. Byron Donalds, the Republican nominee for governor in November’s midterm elections, launched an updated campaign website on Tuesday that was stripped of almost every mention of Trump. Continue reading...

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
↑ / ↓ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 23 Sept, 12:13 UTC