Madman Trump resurrects MOU

Wednesday 29 July 2026

Lol. How the world is supposed to run with this dill in charge is beyond imagining.

Madman Trump is at it again.

Ahead of Prime Minister Benjamin Netanyahu’s meeting with US President Donald Trump on Tuesday, mediators believed they were close to a breakthrough that would revive the memorandum of understanding signed by the US and Iran last month, an Arab official and a second source familiar with the matter told The Times of Israel.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.