'Cooler heads prevailed' source tells Reuters, weeks after Mnuchin said new penalties on the foreign minister would be announced in coming days

Trump senior adviser rejects criticism of US peace proposal, vows 'to stay optimistic'; American envoy: 'We've received excellent feedback, people are inspired'

Palestinians reject plan outright and Arab countries are only lukewarm, but experts point out participation of Qatar in normally hostile Bahrain is a positive step

South Wealth Resources and two of its agents added to State Department's list of global terrorists, are also accused of helping move funds on behalf of IRGC

Japam warns 'market confidence could be eroded' if there is no rapid resolution to the ongoing conflict between Beijing and Washington

Foreign Ministry says announcement of penalties for petrochemical industry belie Trump's claim he would reopen discussions if Tehran agreed to give up nuclear weapons

Tehran says France's suggestion of reopening nuclear deal could lead to its collapse

Finance minister has yet to receive a formal invite to Manama summit, but expects it to arrive any day, his spokesman says

White House repeats president's oft-used excuse during the 2016 presidential campaign that he won't release his tax returns while under IRS audit

Mnuchin says demand amounts to 'enormous precedent in potentially weaponizing the IRS,' administration will respond by deadline as legal showdown looms

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