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Gold prices dropped sharply on Thursday after briefly surpassing $5,000 per ounce, as a phone call between U.S. President Donald Trump and Chinese President Xi Jinping calmed international tensions and diminished demand for the metal as a safe-haven asset. This decline caps a wildly volatile period in the precious metals market. Gold started......
US President Donald Trump has renewed his offensive against the American electoral system, escalating his rhetoric and actions as the country heads toward high-stakes midterm elections this autumn—an electoral cycle that appears increasingly unfavorable for his party. In recent statements, Trump suggested transferring the organization......
Iran has upended upcoming multilateral nuclear negotiations while launching military provocations in the Persian Gulf. Analysts describe the moves as a coordinated bid to redefine dynamics ahead of direct talks with the United States. On February 3, Tehran demanded shifting Friday's meeting from Istanbul to Oman and narrowing it to strictly......
Chinese President Xi Jinping launched a diplomatic double play Wednesday, holding a video call with Russian President Vladimir Putin before speaking by phone with US President Donald Trump. The outreach came one day before the New START arms control treaty between Washington and Moscow expires on Thursday. The talks precede a potential first......
The United States diplomatic mission in Morocco has returned to normal operations following the signing of the 2026 federal budget by President Donald Trump. In an official statement on Wednesday, the US Embassy in Morocco confirmed that all diplomatic activities have resumed after the enactment of the H.R. 7148 law, part of the Consolidated......
Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while West Texas Intermediate edged toward $64......
Russia has reiterated its role as potential mediator in the escalating dispute over Iran's nuclear program. Foreign Ministry spokeswoman Maria Zakharova confirmed Wednesday that Moscow's proposal to export Iran's enriched uranium stockpile remains active. "Russia has proposed to export Iran's enriched uranium reserves......
US energy giant Chevron has entered into a preliminary agreement to assess offshore oil and gas exploration opportunities off the Syrian coast, the company confirmed on Wednesday. According to a spokesperson, the memorandum of understanding was signed with Syria’s state oil company and Qatar-based UCC Holding. The agreement aims to......
Chinese President Xi Jinping held a telephone conversation with US President Donald Trump on Wednesday, according to China’s state broadcaster CCTV, which did not immediately provide details of the discussion. The call comes amid a period of heightened diplomatic activity involving Beijing and Washington, as both powers navigate complex......
Elon Musk has shattered wealth records, becoming the first individual ever to surpass $800 billion in net worth following the merger of his aerospace giant SpaceX with AI venture xAI. Forbes pegs Musk's fortune at about $852 billion post-deal, adding roughly $84 billion to his already staggering tally. Announced February 2, 2026, the......
Volvo CEO Håkan Samuelsson forecasts that electric vehicles will "very likely" cost less than gasoline-powered cars within five years. Speaking at a press event in Gothenburg, Sweden, this week, he highlighted his company's already profitable EV lineup and upcoming manufacturing advances set to drive costs even lower. "I......
Cathie Wood, CEO of ARK Invest, is advising investors to abandon gold in favor of Bitcoin. She argues that the precious metal has reached extreme valuation levels not seen since the Great Depression. In a recent podcast appearance, Wood stated that as an aggressive investor, she would "consider switching from gold to Bitcoin right now."......
Delegations from Ukraine, Russia, and the United States gathered in Abu Dhabi on Wednesday for a second round of trilateral peace negotiations. The talks unfolded against the backdrop of Russia's largest aerial assault on Ukraine this year, which struck just 24 hours earlier. Rustem Umerov, Ukraine's national security and defense......
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