Asia faces fuel pressure as Middle East conflict disrupts oil supply routes
The global energy market has been shaken by a major disruption to oil and gas traffic through the Strait of Hormuz. The narrow route is normally used to transport a significant…
Gold Surges Above $5,000 After US Downs Iranian Drone
Gold rebounded above $5,000 per ounce on Wednesday after the US shot down an Iranian drone. The drone had reportedly "aggressively approached" a US aircraft carrier in the Arabian Sea,…
Why the US Dollar Hit a Four Year Low and May Fall Further
The US dollar has dropped to its lowest level in four years, surprising traders who expected calm after a volatile 2025. Instead, fresh political tension and policy uncertainty have pushed…
India and EU Near Historic Free Trade Deal Amid Global Trade Uncertainty
Next Monday, Ursula von der Leyen, President of the European Commission and Antonio Costa as President of the European Council. Both leaders will focus their attention on the progress of long-term…
Top Contenders for the Next US Federal Reserve Chair
The search for a new leader of the US Federal Reserve is reaching its final stages. President Donald Trump is expected to announce a nominee soon. Jerome Powell’s term ends…
Voters Share Mixed Views on Trump’s Economic Record After One Year
When Donald Trump ran for president again, fixing the US economy was one of his strongest promises. He spoke often about lowering prices, creating jobs, and making daily life easier…
Scottish Rural Communities Unite Against Renewable Energy Projects
Rural communities across southern Scotland are coming together to challenge the Scottish government over major renewable energy developments. Leaders from the Borders, Dumfries and Galloway, East Lothian, and South Lanarkshire…
China Taxes Condoms, Cuts Childcare Costs to Encourage More Babies
s introduced a 13% sales tax on contraceptives, including condoms and birth control pills, starting January 1. At the same time, childcare services will be tax-free as part of efforts…
Protests Spread Across Iran as Currency Hits Record Low
Rial Hits Record LowProtests and strikes have entered into their third day across Iran amid high inflation falling currency. The unrest is said to have begun on Sunday when shopkeepers…
Bank of Japan Raises Interest Rate to Highest Level Since 1995 in Bid to Tame Inflation
In a decisive move to combat rising prices, Japan’s central bank has raised its key interest rate to around 0.75%—the highest level since 1995. This quarter-point increase by the Bank of Japan…
