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China announced Monday that it will host Iranian President Hassan Rouhani in the country next month.

The announcement follows a request from Iran’s ambassador to China for Beijing to help preserve what is left of the Joint Comprehensive Plan of Action (JCPOA), or Iran nuclear deal, following America’s withdrawal from it this month.

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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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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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