10:50
Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian Gulf to Asia exceeded 170,000 dollars......
Investor and Bridgewater Associates founder Ray Dalio has warned that the global financial and political system has entered a period of “great disorder,” marking the end of the post-World War II world order. In recent essays and public appearances, Dalio said current global tensions and rising national debts are signals that the......
Stellantis has reported a record €22.3 billion net loss for the 2025 fiscal year, marking the worst result in the automaker’s history. The results reveal the high financial toll of dismantling its costly electric vehicle expansion strategy, a move that led to €25.4 billion in charges tied to discontinued projects and write-downs.......
A senior Hezbollah figure has privately signaled that the group would stay out of any limited United States military action against Iran, while declaring that an attack aimed at Supreme Leader Ayatollah Ali Khamenei or a bid to topple the Islamic Republic would compel the movement to join the fight. The official, speaking to Agence France-Presse......
The United Kingdom has suspended the ratification process of an agreement to transfer sovereignty of the Chagos Islands to Mauritius, according to a BBC report on Wednesday. The archipelago includes an island hosting a major US-UK military base, a key factor in the decision. British Foreign Minister Hamish Falconer told lawmakers that the......
The Trump administration is reportedly exploring measures that could require U.S. banks to collect citizenship information from their customers as part of its ongoing crackdown on unauthorized immigration. Sources told the Wall Street Journal that Treasury Department officials have discussed steps that could instruct banks to request......
A possible bullet impact has been discovered on the fuselage of an aircraft operated by American Airlines following a flight between Medellín, Colombia, and Miami, prompting safety inspections and an official investigation into the incident. According to airline officials, the damage was identified during a routine post-flight......
British luxury carmaker Aston Martin has announced plans to reduce its workforce by around 20 percent as it faces mounting financial pressure linked to higher tariffs in key markets such as the United States and China, as well as broader economic uncertainty affecting the global automotive sector. The restructuring is expected to......
The administration of Donald Trump has filed a lawsuit against the University of California, Los Angeles (UCLA), accusing the institution of allowing discriminatory behavior and fostering what it describes as a hostile environment toward Jewish and Israeli students and staff during pro-Palestinian demonstrations in 2024. According......
South Korea and the United States are set to carry out their annual spring joint military exercise next month, reinforcing allied defense readiness and advancing preparations for the transfer of wartime operational control to Seoul. The 11-day drill, known as Freedom Shield, is scheduled to take place from March 9 to 19. According to a joint......
Japan is taking steps to mitigate the effects of newly imposed U.S. import tariffs, government officials said on Tuesday. Following the U.S. Supreme Court’s decision to strike down certain tariffs under the International Emergency Economic Powers Act (IEEPA), President Donald Trump applied a 15% duty on imports from all countries, marking......
After more than a decade of military presence, U.S. forces are expected to complete their withdrawal from Syria within about a month, according to several diplomatic and security sources. This development marks a major turning point in the international strategy in a country long at the center of the fight against jihadism. The gradual departure......
New global tariffs introduced by U.S. President Donald Trump officially came into force on Tuesday, marking a significant shift in Washington’s trade policy. The measure establishes a baseline 10% duty on a wide range of imported goods, with the president signaling that the rate could increase to 15% following further review. The announcement......
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