Wednesday 04 - 15:45
Germany has confirmed that it will not send military forces to the Eastern Mediterranean despite recent drone strikes targeting British bases in southern Cyprus. Government spokesman Stefan Kornelius stated Wednesday that the situation is being closely monitored in light of ongoing US and Israeli operations against Iran and Tehran’s......
Lebanon’s national carrier, Middle East Airlines, has announced additional flights between Beirut and Istanbul as part of temporary adjustments to its schedule this week. The changes come as several countries across the region close their airspace following the escalation of hostilities involving the United States, Israel and Iran. Lebanon,......
Gold and silver recorded their steepest single session declines of 2026 on Tuesday as a surge in the U.S. dollar and rising Treasury yields outweighed safe haven demand driven by the escalating Middle East conflict. Gold fell more than 4 percent during trading, briefly dropping below $5,000 per ounce before stabilizing near $5,137. Silver......
Fisherman Helgi Áargil says the waters of Greenland’s fjords have become increasingly unpredictable. Last year his boat became trapped in ice that broke away from a nearby glacier. This year the weather has been unusually wet. Some fishing trips bring him around 100,000 Danish kroner, about $15,700, while others produce no income......
Bitcoin climbed sharply on Wednesday, rising more than 6 percent to surpass $71,000 for the first time since early February as a wave of short liquidations and renewed institutional demand fueled a rapid market rebound. The cryptocurrency traded near $71,018 during morning trading, according to data from CoinGecko cited by Stocktwits. The......
Global oil shipping through the Strait of Hormuz has effectively halted after Iran’s Islamic Revolutionary Guard Corps declared the strategic waterway closed and threatened to attack any vessel attempting to pass, sending shockwaves through global energy markets. The crisis began on February 28 following coordinated air strikes by the......
The suspension of liquefied natural gas production in Qatar after Iranian drone strikes has disrupted global energy markets and forced India’s largest LNG importer to declare force majeure as supply shortages ripple across Asia. QatarEnergy halted operations at its Ras Laffan complex on March 2 after drones struck energy facilities......
The European Union has indicated that it is prepared to take action to protect its economic interests and those of its member states following recent threats from US President Donald Trump against Spain regarding trade relations. On Wednesday, representatives of the European Union stated that the European Commission......
The United States has expanded evacuation efforts across the Middle East after Iranian drone strikes targeted American diplomatic facilities in Saudi Arabia and the United Arab Emirates, marking a further escalation in the growing military confrontation between Washington and Tehran. Iranian drones struck the U.S. embassy compound in Riyadh......
The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have prompted energy executives and climate groups......
Chinese researchers working on an ambitious space based solar power project say the technology could eventually serve purposes beyond clean energy generation, including the possibility of weakening typhoons and wirelessly recharging satellites across space. Duan Baoyan, the chief scientist behind China’s “Zhuri” space solar......
Asian currencies recorded their steepest losses of 2026 this week as the fallout from coordinated U.S. and Israeli strikes on Iran drove investors toward the U.S. dollar, pushing the South Korean won beyond a key threshold not seen since the global financial crisis. The won weakened past the psychological level of 1,500 per dollar early Wednesday......
Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily halted trading. Other major regional benchmarks......
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