World
US Inflation Hits Three-Year High as War Drives Up Costs
US consumer prices climbed rapidly throughout April. The ongoing war in Iran has severely disrupted global supply chains and driven fuel and food prices much
Eutelsat Rides Satellite Internet Growth to Balance Shrinking Video Business
European satellite operator Eutelsat reported its third-quarter revenue on Tuesday, showing that its big bet on satellite internet is finally paying off. The company matched
EU Ministers Push for Local Gas Drilling to Stop Energy Crisis
European Union energy ministers plan to meet in Cyprus on May 13 to tackle a massive financial problem. They will discuss drilling for natural gas
Prime Minister Keir Starmer Faces Open Rebellion as Cabinet Minister Quits
British Prime Minister Keir Starmer faces the biggest crisis of his political career today. More than 70 Labour Members of Parliament have publicly demanded his
European Union Plans Strict Rules to Protect Children from Social Media
European Union leaders plan to launch a massive crackdown on the hidden business models of social media companies. European Commission President Ursula von der Leyen
US and Iran Peace Deal Collapses as Oil Prices Hit 106 Dollars
Optimism for a quick end to the war in the Middle East vanished on Tuesday. Officials from the United States and Iran showed zero signs
Trump Travels to Beijing Seeking Trade Deals and Help with Iran War
Donald Trump is heading to Beijing on May 14-15 to meet Xi Jinping. A year ago, Trump predicted that towering tariffs would force China’s economy
China Drops Tariffs for 53 African Nations to Boost Trade
On Monday, the Chinese Embassy in Namibia hosted a detailed briefing for local reporters and economic experts. Officials presented a brand new zero-tariff policy designed
Bitcoin Stalls as Traders Worry About Middle East War and Inflation
Bitcoin barely moved on Tuesday morning. The digital currency traded in a tight price range as traders worried about fading peace talks between the United
Chinese Electric Vehicle Exports Surge as Global Demand for Green Transport Grows
Chinese car companies exported 1.384 million new-energy vehicles during the first four months of this year. This massive number represents a 1.2 times increase compared
US Inflation Hits Multi-Year High as Gas and Rent Prices Surge
The Labor Department plans to release its latest Consumer Price Index report on Tuesday. Economists expect the data to show solid price increases for the
Second Wave of Energy Shocks Batters Asian Economies
Asia’s initial defenses against the energy shock from the war in Iran are failing rapidly. A much more damaging second wave of economic pain is
US and Iran Ceasefire Nears Collapse as Oil Prices Surge
President Donald Trump rejected the latest peace offer from Iran on Monday, putting the current ceasefire on massive life support. Speaking from the Oval Office,
Gold Prices Climb as Investors Watch Trump and Middle East Conflict
Gold prices climbed higher on Tuesday morning as global tensions grew. Spot gold increased by 0.5 percent to reach $4,757.59 per ounce shortly after midnight.
Trump to Discuss $11 Billion Taiwan Arms Sales with Xi
President Donald Trump announced on Monday that he will discuss American weapons sales to Taiwan with Chinese President Xi Jinping. The 2 global leaders plan
Trump Administration Asks Court to Pause Ruling Against 10% Global Tariff
President Donald Trump and his administration filed a formal request on Monday to keep a major trade tax alive. Government lawyers asked a United States
US Commerce Department Deletes Web Page About AI Security Agreement
The United States Commerce Department quietly removed details from its official website regarding a major artificial intelligence agreement. The deleted web page previously outlined a
European Lawmakers Fight Over the Schedule for the New US Trade Deal
The European Parliament faces a bitter internal conflict over a new trade agreement with the United States. The two largest political groups in the building
Trump Rejects Iran Peace Demand and Says Ceasefire on ‘Life Support’
President Donald Trump threw out a new peace proposal from Iran on Monday, calling the document “stupid” and warning that the current ceasefire hangs by
EU Prepares to Sanction Violent Israeli Settlers After Hungary Drops Veto
European Union leaders stand ready to approve strict sanctions against violent Israeli settlers. This major policy shift happened after Hungary elected a new government. Péter
Britain Targets Russian Propaganda and Youth Programs in New Wave of Sanctions
Britain imposed a fresh set of sanctions on dozens of Russian officials, media figures, and organizations on Monday. Government leaders aimed these new penalties specifically
China Reports Big Jump in April Foreign Trade
China recorded a massive boost in its foreign trade numbers last month. Government officials from different regions and departments collaborated to support the economy, and
European Central Bank Considers Quick Interest Rate Changes to Fight Inflation
The European Central Bank plans to change interest rates soon if inflation stays high. Martin Kocher, a member of the bank’s governing council, issued a
Asian Markets Rise as Tech Stocks Ignore Middle East Oil Shock
Asian stock markets held strong on Monday morning. Investors mostly ignored rising oil prices and a messy war in the Middle East. Instead, stock buyers