Breaking 07:30 UAE signals readiness to join multinational effort to reopen Strait of Hormuz 07:00 UN security council holds closed-door meeting on Iran at Moscow’s request 16:50 Markets plunge as Pentagon eyes decisive strike on Iran 16:20 Dollar holds steady as Iran conflict reshapes Fed rate outlook 16:00 Pakistan confirms role in US-Iran indirect talks 15:20 Iran earns $139 million a day from oil as Hormuz crisis boosts revenue 15:12 FIFA opens last-minute World Cup 2026 ticket sales on April 1 15:00 Al Jaber calls Iran's Strait of Hormuz blockade "economic terrorism" during U.S. tour 14:05 Freeport LNG CEO warns Iran war risks delaying US export projects 14:00 Commodity ETFs see record $11 billion outflows in March 13:50 EBRD warns Iran war may cut growth by 0.4 points 13:20 Used EV sales surge across Europe as Iran war spikes fuel prices 12:40 Bridgewater weathers macro hedge fund rout amid Iran war 12:20 War in Iran disrupts $19 billion used car trade in Asia 11:50 Rice University researchers recover 95% of battery metals using plasma and citric acid 11:20 Gold falls below $4,500 as Iran rejects U.S. ceasefire plan, oil holds above $100 11:20 IBM quantum computer matches lab data in materials simulation 11:17 Dollar slips in Asia as Iran diplomacy doubts trim Fed hike bets 11:00 US lawmakers propose bill to ban Chinese humanoid robots in government 10:20 Google TurboQuant breakthrough shakes memory chip stocks amid AI shift 10:05 Salesforce shares fall as Anthropic expands Claude AI capabilities 09:40 Asian markets fall as Iran rejects us ceasefire proposal 08:50 Stanford study links us emissions to $10 trillion global climate damage


Michael Burry warns bitcoin drop could trigger cascading losses

Bitcoin extended its sharp early 2026 decline this week as Michael Burry, famed for betting against subprime mortgages before the 2008 crisis, cautioned that breaching key price thresholds could spark forced selling across the heavily leveraged crypto market. In a February 2 Substack post, Burry described......

Stephen Miran steps down from Trump advisory role

Stephen Miran, a former governor of the U.S. Federal Reserve, has resigned from his position as an economic adviser to former President Donald Trump, the White House confirmed on Tuesday. The decision follows the end of an arrangement that had drawn criticism over potential conflicts of interest between......

Bitcoin plunges to 10-month low amid $2 billion liquidation wave

Bitcoin tumbled below $75,000 over the February 1-2, 2026 weekend, hitting its lowest level since April 2025 in a brutal sell-off that triggered over $2 billion in liquidations. The drop briefly pushed the world's largest institutional Bitcoin holder into nearly $1 billion in unrealized losses. The......

Libya Energy & Economic Summit signals investor surge

Libya stands at the threshold of rapid energy expansion, fueled by surging investor confidence, fresh licensing rounds and bolstered international alliances. The 2026 Libya Energy & Economic Summit (LEES) captured this shift vividly, with high-stakes roundtables featuring the United States, France,......

Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

Asian markets soar on RBA rate hike and US-India trade deal

Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......

How US inflation evolved across history and presidencies

Inflation in the United States has experienced significant fluctuations over the past century, reflecting broader economic trends, crises, and policy decisions. The consumer price index (CPI), the primary measure of price changes, tracks how much more consumers pay annually for a consistent basket of......

Global markets plunge after Trump's Fed chair pick

Stock markets worldwide tumbled sharply on Monday as investors grappled with President Donald Trump's nomination of Kevin Warsh as Federal Reserve chair, sparking broad sell-offs in equities, precious metals, and cryptocurrencies. The Friday announcement prompted traders to reassess U.S. monetary......

Copper prices plunge amid broad metals sell-off shaking global markets

Copper prices tumbled sharply on Monday for the second straight session, swept up in a widespread sell-off of commodities that rattled markets from South Africa to London and hammered mining stocks worldwide. The red metal slid toward $5.70 per pound in U.S. trading, extending Friday's steep losses......

Aviation leaders warn of supply chain strains and geopolitical risks

Aviation industry leaders gathered at the Changi Aviation Summit in Singapore raised alarms over persistent supply chain disruptions and escalating geopolitical tensions that threaten the sector's ability to meet surging global demand. Speaking ahead of Asia's largest airshow, Willie Walsh, director......

China's solar capacity to surpass coal for first time in 2026

Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......

China leads world's largest foreign currency reserve holders

China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......

Waymo aims to raise 16 billion dollars to expand autonomous vehicle services

Waymo, the global leader in self-driving technology and a subsidiary of Alphabet, is preparing a new funding round to raise approximately $16 billion, potentially valuing the company at nearly $110 billion. Alphabet is expected to contribute around $13 billion, with the remainder coming from investors......

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