17:45
Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3 million rials per US dollar in free market......
Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a free on board basis at the Baltic ports......
France confirmed its position as the world’s most visited country in 2025, welcoming 102 million international visitors, according to figures released by the French Ministry of Tourism. The total marks an increase from 100 million foreign arrivals in 2024 and generated a record €77.5 billion in international tourism revenue, up......
Foreign ministers gathered Wednesday at the United Nations for a Security Council ministerial session on the situation in Palestine, as international pressure mounts over recent Israeli measures expanding control in the occupied West Bank. The meeting, chaired by British Foreign Secretary Yvette Cooper in her capacity as president of the......
Rising temperatures and increasingly extreme weather linked to climate change are posing growing risks to global coffee and wheat production, according to two new studies published this week, with potential consequences for farmers and consumers alike. An analysis released Wednesday by Climate Central found that the world’s main coffee......
DP World on Monday released new regional findings from its Global Trade Observatory Annual Outlook Report 2026, indicating that 94 percent of supply chain leaders surveyed expect global trade growth in 2026 to match or exceed 2025 levels. The outlook remains positive even as companies contend with customs delays, warehouse capacity constraints......
India has confirmed the seizure of three oil tankers under US sanctions suspected of operating within Iran’s so called shadow fleet, marking the country’s first major enforcement action against ships accused of evading international oil restrictions. The operation comes amid improving ties between Washington and New Delhi following......
British lawmakers are weighing a possible parliamentary inquiry into the decade Andrew Mountbatten-Windsor served as the United Kingdom’s trade envoy, following newly released US Justice Department files indicating he may have shared confidential government briefings with convicted sex offender Jeffrey Epstein. Liam Byrne, chair of......
Investor sentiment toward the US dollar has fallen to its most bearish level in more than 14 years as the BRICS bloc steps up efforts to develop a cross border payment system aimed at reducing reliance on dollar dominated financial channels. The initiative builds on Brazil’s instant payment platform Pix and a decentralized messaging......
What began as a discreet race for influence between Riyadh and Abu Dhabi has evolved into an overt strategic rivalry that is reshaping regional balances without a shot being fired, yet at a potentially high long term cost for both sides. For general readers, policy analysts and investors following Gulf politics and economics, the emerging......
China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non fossil sources, while 48 percent is generated......
Japan has formally protested to China after senior Chinese officials accused Tokyo of encouraging a return to militarism, deepening tensions between the two Asian powers at a time of heightened regional uncertainty. The dispute escalated following remarks by Chinese Foreign Minister Wang Yi during the Munich Security Conference. Speaking......
A Hong Kong court has dismissed a petition seeking the liquidation of Country Garden, offering temporary relief to one of China’s most indebted property developers as the sector continues to grapple with prolonged instability. The ruling follows months of financial uncertainty and comes after the company completed a major restructuring......
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