The bank estimated Brent crude could briefly peak at $110 per barrel if oil flows through the critical waterway were halved for a month and remained down by 10% for the following 11 months. Prices would then moderate, with Brent averaging around $95 per barrel in the fourth quarter of 2025, it said in a […]
Ukraine’s intelligence service said it also believed Moscow intended to fire an intercontinental ballistic missile later on Sunday as an attempt to intimidate the West. There was no immediate response from Moscow to the accusation. President Volodymyr Zelenskiy, straining to restore ties with Washington after a disastrous February White House visit, met Vice President JD […]
“The Russian side confirmed its readiness to contribute to the promotion of this dialogue to reach a fair agreement based on the principles of international law,” the Kremlin said in a readout of a call between the leaders. The latest round of the talks between Tehran and Washington, initially set for May 3, was postponed, […]
“Our side is ready to sign. The Ukrainians decided last night to make some last-minute changes,” U.S. Treasury Secretary Scott Bessent told reporters at the White House. “We’re sure that they will reconsider that, and we are ready, if they are.” A Ukrainian official was on the way to Washington for the signing. But a […]
As per details, State Department spokesperson Tammy Bruce, during a press briefing, stated that Secretary of State Marco Rubio is in contact with his counterparts in both Pakistan and India. US State Department spokesperson stated that Washington is actively working to de-escalate tensions between the two South Asian neighbors and is closely monitoring the situation […]
“Quickly, we want to get it done,” Trump told reporters at the White House. “Now, if for some reason one of the two parties makes it very difficult, we’re just going to say, ‘you’re foolish, you’re fools, you’re horrible people, and we’re going to just take a pass. But hopefully we won’t have to do […]
Trump’s punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market, defined as 20% below its most recent high. S&P 500 […]
Trading floors were overcome by a wave of selling as investors fled to the hills on the worst day for equities since the pandemic, with Hong Kong shedding 10 percent, Tokyo briefly diving eight percent, and Taipei more than nine percent. Futures for Wall Street’s markets were also taking another drubbing, while concerns about the […]
Set 16 years after Crowe’s hero Maximus died in the original 2000 ‘Gladiator’ film, the sequel follows Paul Mescal’s character Lucius, a prisoner taken to Rome after his homeland is conquered by a fleet of Roman warships led by General Acacius, played by Pedro Pascal. Lucius’ fierce fighting impresses Denzel Washington’s conniving Macrinus, who forces […]
The announcement came following a meeting between Pakistan’s Finance Minister Muhammad Aurangzeb and the delegation of the Islamic Trade Financing Corporation (ITFC) in Washington. As per details, the $3 billion loan amount will be disbursed to Pakistan over the next three years. The CEO of ITFC, Engineer Hani Salem Sonbol, was also present during the […]