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Iran’s president nominates former nuclear negotiator as foreign minister

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Iran’s president nominates former nuclear negotiator as foreign minister

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Iran’s reformist President Masoud Pezeshkian has nominated a former nuclear negotiator as foreign minister to his proposed cabinet as he faces the dual challenge of resuming talks with western powers about sanctions relief while managing a potential confrontation with Israel.

Abbas Araghchi, a seasoned diplomat who played a key role in the 2015 nuclear accord negotiations, had been sidelined by hardliners in recent years as they consolidated control.

Western diplomats in Tehran and Iran’s business community welcomed Araghchi’s selection, presented to parliament on Sunday along with 18 other cabinet nominations. It was a sign that the republic might adopt a more pragmatic approach to its long-running nuclear stand-off with the west in the hope of securing sanctions relief, they said.

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However, there are growing concerns that the republic is on a collision course with Israel as Iranian leaders have vowed to respond to the suspected Israeli assassination of Hamas’s political leader Ismail Haniyeh in Tehran last month.

A senior western diplomat in Tehran highlighted the difficulties of dealing with outgoing hardline officials, saying Araghchi would “make a lot of difference” on routine matters. But the diplomat added that his appointment might not signify a big shift in foreign policy, with key decisions determined by Ayatollah Ali Khamenei, the supreme leader, and the Revolutionary Guards.

The new administration faced an immediate crisis after Haniyeh’s assassination on July 31, hours after he attended Pezeshkian’s inauguration, dealing a significant blow to the republic’s prestige.

Pezeshkian, the country’s first reformist president in two decades, backed Tehran’s right to respond to an attack that Iran claimed was carried out by Israel using a short-range projectile.

Reformist politicians say President Masoud Pezeshkian has not gone far enough in his cabinet selections © Majid Saeedi/Getty Images

Pezeshkian, who unexpectedly won a snap election after the death of former president Ebrahim Raisi in a helicopter crash in May, secured his victory in last month’s run-off against a hardliner.

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He has said that Iran’s economy — hampered by currency depreciation, stagnation and years of about 40 per cent inflation — cannot recover while US sanctions on the country’s nuclear programme remain in place. Pezeshkian also promised to ease social restrictions on women, reduce internet censorship, and improve the representation of ethnic and religious minorities, as well as youth, in his government.

Pezeshkian has nominated Farzaneh Sadegh, a prominent architect, as his only female candidate. If approved by the hardline parliament, she would lead the Ministry of Roads and Urban Development and become only the second female minister in the history of the republic.

No cabinet nominations were from the Sunni religious minority, disappointing reformists who had hoped for broader inclusivity. Their exclusion underscores resistance within the Shia-dominated theocracy.

“We are not hopeless but upset with this level of discrimination and being ignored,” said a Kurdish cultural activist. “Everybody knows that the votes of Sunnis and ethnic minorities helped Pezeshkian to win, but this is not reflected in the cabinet’s choices.”

Reformist politicians said Pezeshkian did not go far enough in his cabinet selections, but added that he had to make compromises with hardliners after pledging a government of national unity.

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In the first sign of differences emerging, Iran’s former foreign minister Javad Zarif, who signed the nuclear deal with world powers and played a crucial role in garnering support for Pezeshkian, resigned from his recent position as deputy president for strategic affairs.

Zarif, who was also responsible for heading a committee tasked with introducing nominees for the cabinet, expressed feeling “ashamed” that the nominees failed to fulfil promises regarding the inclusion of women, youth and ethnic minorities.

Presidential aides have acknowledged that Pezeshkian consulted Khamenei on his cabinet choices. While this strategy might help him mitigate hardliner resistance and secure support for some limited reforms, it also constrains his ability to fully implement his campaign promises.

Notably, Pezeshkian retained the head of the Atomic Energy Organization of Iran and the intelligence minister from the previous hardline government.

Parliament has a week to review the nominees. Khamenei has already urged the legislature to co-operate with the new government to ensure that Iran speaks with “one voice”.

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Amazon accused of listing products from independent shops without permission

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Amazon accused of listing products from independent shops without permission

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Amazon has been accused of listing products from independent retailers without their consent, even as the ecommerce giant sues start-up Perplexity over its AI software shopping without permission.

The $2.5tn online retailer has listed some independent shops’ full inventory on its platform without seeking permission, four business owners told the Financial Times, enabling customers to shop through Amazon rather than buy directly.

Two independent retailers told the FT that they had also received orders for products that were either out of stock or were mispriced and mislabelled by Amazon leading to customer complaints.

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“Nobody opted into this,” said Angie Chua, owner of Bobo Design Studio, a stationery store based in Los Angeles.

Tech companies are experimenting with artificial intelligence “agents” that can perform tasks like shopping autonomously based on user instructions.

Amazon has blocked agents from Anthropic, Google, OpenAI and a host of other AI start-ups from its website.

It filed a lawsuit in November against Perplexity, whose Comet browser was making purchases on Amazon on behalf of users, alleging that the company’s actions risked undermining user privacy and violated its terms of service.

In its complaint, Amazon said Perplexity had taken steps “without prior notice to Amazon and without authorisation” and that it degraded a customer shopping experience it had invested in over several decades.

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Perplexity in a statement at the time said that the lawsuit was a “bully tactic” aimed at scaring “disruptive companies like Perplexity” from improving customers’ experience.

The recent complaints against Amazon relate to its “Buy for Me” function, launched last April, which lets some customers purchase items that are not listed with Amazon but on other retailers’ sites.

Retailers said Amazon did not seek their permission before sending them orders that were placed on the ecommerce site. They do not receive the user’s email address or other information that might be helpful for generating future sales, several sellers told the FT.

“We consciously avoid Amazon because our business is rooted in community and building a relationship with customers,” Chua said. “I don’t know who these customers are.”

Several of the independent retailers said Amazon’s move had led to poor experiences for customers, or hurt their business.

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Sarah Hitchcock Burzio, the owner of Hitchcock Paper Co. in Virginia, said that Amazon had mislabelled items leading to a surge in orders as customers believed they were receiving more expensive versions of a product at a much lower price.

“There were no guardrails set up so when there were issues there was nobody I could go to,” she said.

Product returns and complaints for the “Buy for Me” function are handled by sellers rather than Amazon, even when errors are produced by the Seattle-based group.

Amazon enables sellers to opt out of the service by contacting the company on a specific email address.

Amazon said: “Shop Direct and Buy for Me are programmes we’re testing that help customers discover brands and products not currently sold in Amazon’s store, while helping businesses reach new customers and drive incremental sales.

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“We have received positive feedback on these programmes. Businesses can opt out at any time.”

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Trump says Venezuela will turn over 30 million to 50 million barrels of oil to US | CNN Business

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Trump says Venezuela will turn over 30 million to 50 million barrels of oil to US | CNN Business

President Donald Trump said Tuesday night that Venezuela will turn over 30 million to 50 million barrels of oil to the United States, to be sold at market value and with the proceeds controlled by the US.

Interim authorities in Venezuela will turn over “sanctioned oil” Trump said on Truth Social.

The US will use the proceeds “to benefit the people of Venezuela and the United States!” he wrote.

Energy Secretary Chris Wright has been directed to “execute this plan, immediately,” and the barrels “will be taken by storage ships, and brought directly to unloading docks in the United States.”

CNN has reached out to the White House for more information.

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A senior administration official, speaking under condition of anonymity, told CNN that the oil has already been produced and put in barrels. The majority of it is currently on boats and will now go to US facilities in the Gulf to be refined.

Although 30 to 50 million barrels of oil sounds like a lot, the United States consumed just over 20 million barrels of oil per day over the past month.

That amount may lower oil prices a bit, but it probably won’t lower Americans’ gas prices that much: Former President Joe Biden released about four to six times as much — 180 million barrels of oil — from the US Strategic Petroleum Reserve in 2022, which lowered gas prices by only between 13 cents and 31 cents a gallon over the course of four months, according to a Treasury Department analysis.

US oil fell about $1 a barrel, or just under 2%, to $56, immediately after Trump made his announcement on Truth Social.

Selling up to 50 million barrels could raise quite a bit of revenue: Venezuelan oil is currently trading at $55 per barrel, so if the United States can find buyers willing to pay market price, it could raise between $1.65 billion and $2.75 billion from the sale.

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Venezuela has built up significant stockpiles of crude over since the United States began its oil embargo late last year. But handing over that much oil to the United States may deplete Venezuela’s own oil reserves.

The oil is almost certainly coming from both its onshore storage and some of the seized tankers that were transporting oil: The country has about 48 million barrels of storage capacity and was nearly full, according to Phil Flynn, senior market analyst at the Price Futures Group. The tankers were transporting about 15 million to 22 million barrels of oil, according to industry estimates.

It’s unclear over what time period Venezuela will hand over the oil to the United States.

The senior administration official said the transfer would happen quickly because Venezuela’s crude is very heavy, which means it can’t be stored for long.

But crude does not go bad if it is not refined in a certain amount of time, said Andrew Lipow, the president of Lipow Oil Associates, in a note. “It has sat underground for hundreds of millions of years. In fact, much of the oil in the Strategic Petroleum Reserve has been around for decades,” he wrote.

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Video: Nvidia Shows Off New A.I. Chip at CES

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Video: Nvidia Shows Off New A.I. Chip at CES

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Nvidia Shows Off New A.I. Chip at CES

At the annual tech conference, CES, Nvidia showed off a new A.I. chip, known as Vera Rubin, which is more efficient and powerful than previous generations of chips.

This is the Vera CPU. This is one CPU. This is groundbreaking work. I would not be surprised if the industry would like us to make this format and this structure an industry standard in the future. Today, we’re announcing Alpamayo, the world’s first thinking, reasoning autonomous vehicle A.I.

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At the annual tech conference, CES, Nvidia showed off a new A.I. chip, known as Vera Rubin, which is more efficient and powerful than previous generations of chips.

By Jiawei Wang

January 6, 2026

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