Iraq is confronting a severe economic shock as the near collapse of its oil exports threatens the government’s ability to pay public sector salaries as early as next month. Officials warn that the country’s oil dependent economy is approaching a fiscal crisis after the disruption of its main export routes during the regional conflict......
Iranian drone attacks have dropped sharply since the start of the conflict, according to US Defense Secretary Pete Hegseth, but Gulf countries continue to face strikes from Iranian unmanned aircraft targeting civilian and strategic infrastructure. Speaking on March 13, Hegseth said Iranian kamikaze drone attacks had fallen by about 95 percent......
European equity markets posted their first back to back weekly decline of the year as the military confrontation involving Iran pushed oil prices higher and deepened economic uncertainty across the region. While energy producers and utilities gained from the surge in crude prices, banks, airlines, and industrial companies faced mounting pressure......
A team of mathematicians has demonstrated that a long-standing principle in differential geometry proposed more than 150 years ago is not universally valid. By constructing two distinct torus-shaped surfaces that share identical geometric measurements and curvature properties, the researchers showed that these local data do not always determine......
A federal judge has reinstated a union bargaining agreement covering 320,000 employees of the United States Department of Veterans Affairs, reversing a cancellation that was carried out under an executive order by former President Donald Trump. The ruling, issued by U.S. District Judge Melissa DuBose in Providence, Rhode Island, addresses......
Egypt has introduced a new five-year multiple-entry visa for Morocco citizens, allowing them to travel to the country as often as they wish within a five-year period. Each stay under this visa can last up to 90 days, according to statements from Ahmed Abdel-Latif, who announced the new measure in Rabat on Friday. The initiative aims to facilitate......
Berkshire Hathaway Berkshire Hathaway Inc announced that its board of directors unanimously recommended rejecting a shareholder proposal requesting a report on the company’s workforce and human-capital oversight framework across its diverse operating businesses. In a proxy statement for its upcoming annual meeting on May 2 in Omaha,......
The United States Department of the Treasury has expanded sanctions waivers related to Venezuela in an effort to address sharp increases in oil and fertilizer prices that have occurred in recent months. The updated waivers were issued on Friday and are intended to ease restrictions on investments and activities connected to Venezuela’s......
Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice aimed at resolving a long-running legal......
South Korean Prime Minister Kim Min-seok met with U.S. President Donald Trump in Washington, D.C. on Friday, according to officials from South Korea. The meeting took place during the prime minister’s visit to the United States, where he has been holding talks with American leaders about economic cooperation, investment plans, and bilateral......
Automaker Hyundai Motor Company has temporarily halted sales of certain 2026 models of the Hyundai Palisade in United States and Canada following a safety concern involving the vehicle’s power seat system. The company announced that a stop-sale measure has been introduced for specific Palisade trims, including Limited and Calligraphy......
Researchers at Stanford University have found that aging may unfold through sudden transitions rather than a steady, gradual decline. The findings come from an experiment that tracked nearly every movement of small fish throughout their lives and showed that early behavioral patterns can predict how long an individual will live. The study,......
Shares of CF Industries Holdings surged more than 13 percent on Thursday, reaching a record high as the escalating conflict involving Iran disrupted global fertilizer supply chains. The nitrogen fertilizer producer closed at $136, up $15.87 for the session after touching an intraday peak of $137.44. Trading volume exceeded 14 million shares,......
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