US President Trump said he has completely destroyed Iran's air force and navy.

Reuters survey: Mexico's central bank is expected to keep its policy rate at 6.50% through mid-2028.

Axios reports President Trump consulted senior advisers over the weekend on possible airstrikes against Houthi targets in Yemen. A U.S. official said CENTCOM commander Brad Cooper on Saturday submitted multiple strike options to Defense Secretary Hegseth; another official said Trump ultimately decided to hold off. Atlantic Council researcher and former Pentagon official Alex Plitsas told Axios the president reversed course to avoid “opening a Pandora’s box,” warning strikes could prompt the Houthis to threaten the Bab el‑Mandeb and create a second chokepoint; Plitsas added a Saudi‑led response could drive oil prices higher.