French prosecutors suspect Musk encouraged deepfakes to inflate X value

French prosecutors have informed U.S. authorities that they suspect tech entrepreneur Elon Musk may have encouraged the creation of sexualized deepfakes using X’s AI, Grok, to artificially inflate the value of his company ahead of a planned stock market listing in June 2026. The Paris prosecutor’s office said the deepfakes controversy......

Goldman Sachs warns private credit risks outweigh oil price concerns

Goldman Sachs credit strategists say growing vulnerabilities in private credit markets pose a greater threat than rising oil prices linked to the US and Iran conflict, warning that current market stability may be misleading. In a note released on March 20, the bank described the environment as “unstable stability,” arguing that......

New Mexico investigates Epstein’s connections to powerful figures

Authorities in New Mexico have begun a detailed investigation into the late financier Jeffrey Epstein’s ties to influential figures in the state, following searches of his former Zorro Ranch property for evidence of abuse. The ranch, designed with an Old West theme, is under scrutiny as a potential site of criminal activity involving......

ECB signals possible April rate hike as energy inflation rises

European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty over the economic impact of the......

Asian refiners turn to Iranian oil after temporary U.S. sanctions waiver

Oil refiners across Asia are reassessing their supply strategies following a temporary decision by the United States to ease restrictions on Iranian crude exports. The move comes amid concerns over tightening global energy supplies and rising market volatility. In India, several refiners are preparing to resume purchases of Iranian oil, pending......

Brent crude tops $110 as Gulf attacks disrupt global supply

Brent crude futures rose above 110 dollars per barrel on Friday, reaching their highest level since mid-2022 as escalating attacks on energy infrastructure in the Gulf intensified concerns over prolonged supply disruptions. The surge capped a volatile week in which Brent traded between roughly 107 and 119 dollars, while US West Texas Intermediate......

Disney and Pixar set to release Lilo and Stitch 2 and Incredibles 3 in 2028

Disney and Pixar are preparing a major return to the big screen with the announcement of two highly anticipated animated films scheduled for summer 2028. The studios confirmed that Lilo and Stitch 2 will premiere on May 26, followed by Incredibles 3 on June 16, positioning both releases at the start of the lucrative summer movie season. The......

How rising costs are reshaping friendship in France

In spring 2026, a new term began to circulate across European media and everyday conversation: friendflation. The word describes a growing reality. As the cost of living rises, maintaining friendships becomes more expensive. Meals, birthdays, weddings and weekend plans now carry a financial burden that many young adults struggle to manage.......

Colombian president faces scrutiny in U.S. drug-related investigations

Colombia’s president, Gustavo Petro, has come under renewed scrutiny following reports that his name has surfaced in two separate criminal investigations in the United States linked to alleged drug trafficking activities. According to sources familiar with the matter, the inquiries are being conducted by federal prosecutors in New York......

Iran fires ballistic missiles toward Diego Garcia base in escalation

Iran launched two intermediate-range ballistic missiles toward Diego Garcia, a US and UK military base in the Indian Ocean, marking a significant escalation and the first known operational use of such missiles by Tehran, according to US officials cited by The Wall Street Journal. Neither missile reached its target. One failed during flight,......

Gold heads for worst weekly loss since 2020 amid Fed stance

Gold prices are on course for their steepest weekly decline since March 2020, pressured by the Federal Reserve’s firm interest rate stance and a stronger US dollar, despite a modest rebound on Friday. Spot gold edged higher early in the session to around 4,700 dollars per ounce, recovering from a near two-month low reached the previous......

Dollar heads for sharpest weekly drop as global rate outlook shifts

The US dollar is on track for its steepest weekly decline since late January, falling about 1.1 percent against major currencies as other leading central banks signal tighter monetary policy while the Federal Reserve holds back. The shift reflects a rapid change in global policy expectations following a surge in energy prices linked to the......

Euro zone posts unexpected trade deficit as US exports plunge

The euro zone recorded a trade deficit of 1.9 billion euros in January 2026, sharply missing expectations for a surplus and highlighting mounting pressure from transatlantic trade tensions, according to Eurostat data released on March 20. The deficit widened from 1.4 billion euros a year earlier, while analysts had forecast a surplus of 12.8......

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