Trump Zigzags On Iran, Europe’s Migrant Fears, Burnham’s Devolution Bet

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) President Donald Trump said new Iran talks would begin Monday afternoon after he called off a planned attack on Iran partially in response to pleas from US allies in the Middle East, including Saudi Arabia.

(2) The yen rallied sharply on Monday amid speculation that authorities may have intervened to prop up the currency again after coordinated action between the US and Japan last week.

(3) The UK government has more than doubled the number of crime agency officers deployed to combat human smuggling in the past 18 months as it steps up efforts to stop the gangs behind illegal migration.

(4) The Spanish port of Ceuta over the weekend no longer looked like a city on edge, but residents were still rattled by the events of last week. Nearly all of the around 60,000 people who crossed have been returned to Morocco, but the humanitarian crisis has reignited a debate around immigration in Europe.

(5) AstraZeneca has explored an acquisition of Bristol Myers Squibb, a megadeal that would create one of the world’s largest drugmakers, according to people familiar with the matter.

(6) Two helicopters collided in Greece’s Attica region, as they fought to contain a wildfire sweeping through a mountainous coastal area bedecked with forests.

(7) The evidence suggests that devolution is no panacea. But studies from Harvard and the Organisation for Economic Cooperation and Development are backing up new UK Prime Minister Andy Burnham's central theory of putting power in the hands of regional governments.

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