Trump appoints Will Scharf as White House counsel and presidential adviser

U.S. President Donald Trump has announced that Will Scharf, the current White House staff secretary, will become White House counsel and assistant to the president beginning September 1, 2026. He will succeed David Warrington, who is expected to move to the private sector after serving in the administration. Trump praised Scharf’s performance......

Iran calls itself a nation of “professional chess players” as Trump compares war to chess game

Iran has responded to Donald Trump's description of the conflict between Washington and Tehran as a “chess game” by portraying its own negotiators as experienced players capable of navigating both formal diplomacy and behind-the-scenes manoeuvring. Iranian Foreign Ministry spokesperson Esmaïl Baghaï made the remark......

U.S. envoy says new era of security and prosperity is possible in the Middle East

U.S. Ambassador to the United Nations Mike Waltz said Washington and Israel are working to resolve their differences over the proposed framework for Gaza, while stressing that Hamas must give up its weapons before any major reconstruction effort can begin. Speaking to Fox News, Waltz acknowledged that Israeli Prime Minister Benjamin Netanyahu......

Plus500 reports higher core profit as US expansion boosts trading activity

Trading platform Plus500 reported a modest increase in first-half core profit on Monday, as stronger trading activity and the expansion of its US operations helped offset a more challenging customer-acquisition environment. The Israeli fintech company said core profit reached $187.5 million in the six months through June 30, up 1% from the......

Israeli sources warn of possible confrontation with Trump over Gaza

Tensions between Israel and the United States appear to be growing over the future of the Gaza Strip, with Israeli political sources warning of a possible confrontation with the administration of U.S. President Donald Trump if disagreements cannot be resolved. According to Israeli newspaper Israel Hayom, the dispute centers on a 15-point......

Wildfires consume more than 41,000 hectares in Colorado

Wildfires have burned more than 41,000 hectares across Colorado, as firefighting teams continue efforts to contain the flames and restore areas affected by the blazes. Hot and dry weather conditions remain a concern, increasing the risk of further fire activity in parts of the state. The Aspen Acres Fire, burning in southern Colorado, is......

J.P. Morgan raises S&P 500 year-end target to 8,000 on AI and earnings growth

J.P. Morgan has raised its year-end target for the S&P 500 to 8,000, up from its previous forecast of 7,800, citing stronger corporate earnings and growing confidence that artificial intelligence investment will translate into faster revenue growth. The new target represents an estimated 3.1% upside from the index’s latest close......

Trump says the United States is dealing with Iran “calmly”

US President Donald Trump has said that Washington is dealing with Iran in a measured manner, while describing the country’s economic situation as extremely difficult amid the ongoing tensions between the two countries. According to reports cited by Axios, Trump said during a brief phone call that Iran was facing severe financial pressure......

South Korea and US to hold joint military drills amid evolving North Korean threats

South Korea and the United States will conduct major joint military exercises from August 17 to 27, with this year’s drills placing greater emphasis on emerging threats including drones, GPS disruption and cyberattacks. The annual Ulchi Freedom Shield (UFS) exercise will also test the ability of the South Korean government and the two......

Israel rejects US Gaza roadmap, demands Hamas disarm before troop withdrawal

Israel has rejected the latest US-backed roadmap for Gaza, with Prime Minister Benjamin Netanyahu insisting that Israeli forces will not withdraw from Palestinian territory until Hamas has been fully disarmed. The decision represents a major obstacle to the next phase of the proposed Gaza framework, which Hamas has said it is prepared to......

Three in five Americans back tougher oversight of social media companies

A majority of Americans support stronger government oversight of social media platforms, with broad bipartisan backing for measures aimed at protecting younger users, according to a new Reuters/Ipsos poll. The survey found that 61% of Americans believe social media companies require stronger regulation of their business practices. Support......

James Gray rejects AI in filmmaking and expects young directors to follow suit

American filmmaker James Gray has made clear that he has no intention of incorporating artificial intelligence into his filmmaking, describing the technology as both unnecessary and deeply troubling. The director, known for films including Little Odessa, The Yards, We Own the Night and Two Lovers, expressed his opposition to generative AI......

Amazon plans massive gas power plant in Texas to supply data centers

Amazon is facing growing environmental scrutiny over plans for a large data center in West Texas, where the company is investing in an on-site natural-gas power plant that could become one of the largest individual sources of carbon emissions from a US power facility. The project in Pecos County reflects the enormous energy requirements created......

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