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US President Donald Trump is planning to return old sanctions on Iran and add new ones, the New York Times reported citing sources. Trump is expected to announce his decision on the deal on Tuesday.

Trump told French President Emmanuel Macron his intention to pull out from the deal during a phone call between the two leaders on Tuesday morning, the Times reports.

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The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting companies to increase prices.

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Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister

Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.
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