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South Korea's Industry Minister Kim Jung-kwan departed for Washington amid growing U.S. tariff pressure and calls to accelerate investment commitments.
South Korea's Industry Minister Kim Jung-kwan departed for Washington amid growing U.S. tariff pressure and calls to accelerate investment commitments.
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Iran's Foreign Ministry: An agreement has been reached with Oman on a navigation plan for the Strait of Hormuz, but the foreign minister stated this does not mean the strait has reopened.
Iranian Foreign Ministry spokesman Baghaei announced on August 15 that despite US obstruction, Iran has reached an agreement with Oman on a navigation plan for the Strait of Hormuz waterway. However,
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Bloomberg Economics Defense Lead Becca Wasser warns US-Iran conflict risks becoming a protracted war
Wasser explains that shifting US objectives and neither side securing a decisive military victory make a lasting resolution difficult. She adds that repeated pauses could allow both sides to adapt and
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U.S. to warn allies against joining Chinese AI initiatives, per Reuters
Washington is preparing to warn partner countries against joining competing Chinese AI initiatives, according to Reuters. Countries aligned with the U.S.-led Pax Silica framework could risk exclusion
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Retired US Army Brigadier General Kimmitt: Winning Iran War Requires Patience
Retired US Army Brigadier General Mark Kimmitt stated that winning a war with Iran will require patience from the United States, as Iran follows a model of resistance and considers not losing to be a
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Citibank and JPMorgan Chase will co-finance a US$4.61 billion natural gas power generation project in the United States with Japan
Citibank and JPMorgan Chase will jointly provide $4.61 billion in financing with Japan for natural gas power generation projects in Pennsylvania and Texas. This marks the first time US banks have part
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US Ambassador to Israel Mike Huckabee Condemns Israeli Settlers as 'Terrorists' for Sieging Palestinian Families in West Bank Village of Qusra, Embassy Intervenes to Remove Them
US Ambassador to Israel Mike Huckabee Condemns Israeli Settlers as 'Terrorists' for Sieging Palestinian Families in West Bank Village of Qusra, Embassy Intervenes to Remove Them
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The US threatens to impose an "indefinite" naval blockade and unprecedented economic sanctions on Iran, while Iran insists the Strait of Hormuz remains blocked.
U.S. Secretary of Defense Pete Hegseth stated on Thursday that the U.S. Navy can maintain a blockade of Iranian ports "indefinitely" by rotating ships to sustain a military presence in the region. U.S
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RedotPay's US IPO reportedly delayed due to regulatory and legal hurdles
The company is seeking regulatory approvals, though it stated it has secured a US money transmitter license.
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Societe Generale: Copper price spread now gauges US tariff risk, implying 14.6% chance of 15% tariff by Jan 2027
Societe Generale analysts note that the widening price spread between U.S. COMEX and London Metal Exchange (LME) copper futures has become a real-time indicator of potential U.S. tariffs. Their model
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US Treasury Secretary Bessent: The United States will implement "unprecedented economic measures" against Iran, combining economic isolation and a continued blockade of the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent stated that these measures would be a combination of "economic isolation unseen before in the world" and "a continuous blockade of the Strait of Hormuz," aimed at
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Norwegian Foreign Minister: US war on Iran "not smart", failed to achieve goals and strengthened Tehran hardliners
Norwegian Foreign Minister Espen Barth Eide stated that the U.S. war against Iran was "not smart," failed to achieve its initial goals, and strengthened hardliners in Tehran. He called for the restora
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The White House issued a memorandum directing the establishment of a fifth U.S. naval shipyard and the reorganization of Naval Sea Systems Command.
The White House today released a fact sheet providing more details on President Donald Trump’s National Security Presidential Memorandum, signed to rebuild the U.S. naval shipbuilding industrial base.
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BlackRock Strategist Chaudhuri: U.S. Government Sells 30-Year Bonds at Highest Rates in 25 Years, Sparking Speculation of a Shift to Short-Term Bonds
Gargi Chaudhuri, BlackRock's Head of Investment and Portfolio Strategy for the Americas, stated that the U.S. government sold 30-year bonds at the highest interest rate in 25 years, reflecting ongoing
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Middle Eastern Oil Shipments Arrive at US Ports, Easing Supply Pressure
Middle Eastern Oil Shipments Arrive at US Ports, Easing Supply Pressure
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US accuses over 40 countries, including Canada, Japan, and the EU, of helping China evade Trump’s tariffs on $60bn in trade via 'transshipment scam'
US accuses over 40 countries, including Canada, Japan, and the EU, of helping China evade Trump’s tariffs on $60bn in trade via 'transshipment scam'
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U.S. 30-year fixed mortgage rate falls slightly to 6.67% for the first time in six weeks, though still higher than a year ago
U.S. 30-year fixed mortgage rate falls slightly to 6.67% for the first time in six weeks, though still higher than a year ago
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U.S. preparing to deploy USS George Washington aircraft carrier to Middle East, replacing USS Abraham Lincoln after over 250 days of deployment supporting operations against Iran
The USS Abraham Lincoln spent over 250 days deployed, including a record 200 days without a port call, while supporting U.S. operations against Iran. Lawmakers have raised concerns regarding reported
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US sends new aircraft carrier to Middle East over Iran war tensions
US sends new aircraft carrier to Middle East over Iran war tensions
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U.S. Defense Secretary Hegseth: U.S. Can Hold Blockade on Iran as Long as Needed
U.S. Defense Secretary Hegseth: U.S. Can Hold Blockade on Iran as Long as Needed
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U.S. Defense Secretary Hegseth warned that the International Criminal Court (ICC) might investigate U.S. vessel attacks in Latin America, and called on regional allies to reject ICC jurisdiction.
Speaking in Panama, U.S. Secretary of Defense Pete Hegseth stated that the International Criminal Court (ICC) might investigate U.S. military operations in Latin America, including attacks on suspecte
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Hawaii to Ban Crypto ATMs and Kiosks Starting Oct. 1
Hawaii will become the fourth US state, joining Minnesota, Tennessee, and Indiana, to completely ban the use of cryptocurrency ATMs and kiosks. The ban, effective October 1, is in response to scams.
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Strait of Hormuz ship traffic hits near three-month low, with a 5-day average of ~13 vessels on Tuesday, as U.S.-Iran deal to fully open the corridor remains in doubt.
Ship traffic through the Strait of Hormuz is at its lowest level since May 12, with a 5-day average of approximately 13 vessel transits on Tuesday. This represents about a 90% decrease from the daily
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Analysis suggests rising energy costs, with US gasoline averaging $4.03/gallon (up from $3.87 a month ago), could reignite August inflation after July's cooling.
Analysis suggests rising energy costs, with US gasoline averaging $4.03/gallon (up from $3.87 a month ago), could reignite August inflation after July's cooling. Falling energy prices, including a 2.9
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Global bonds fall, Japan's 10-year yield surpasses 3%
Investors are continuing to sell government debt, pushing Japan's 10-year yield above 3%, following a landmark rise in American borrowing costs.
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U.S. Department of Defense report: Iran war cost $33.4 billion by end of June, with hundreds of buildings and dozens of aircraft damaged.
The Iran war has cost approximately $33.4 billion as of June 29, according to a report submitted to Congress by the U.S. Department of Defense on Monday. Of this, Iranian attacks caused $184 million i
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Officials from the Democratic Republic of Congo and Rwanda will meet in Geneva on September 16-17 to discuss the implementation of the 2025 Washington Accord.
The talks are part of a meeting of the Joint Security Coordination Mechanism (JSCM) between the two countries, aimed at assessing the implementation progress of key security commitments. This follows
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Canadian Prime Minister Carney: A U.S.-Canada trade agreement is still possible, and the breakdown of negotiations in August clarified Canada's "red lines."
Canadian Prime Minister Mark Carney stated on Monday that despite the breakdown of US-Canada trade talks in August, this rupture helped clarify Canada's negotiation red lines, adding that the US "may
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CNBC reports: China expands controls over overseas deployment of tech talent, US tightens visas for Chinese students and journalists.
According to CNBC's "China Watch" newsletter, China officially began restricting citizens who violate technology export controls from leaving the country on Tuesday, aiming to plug loopholes in techno
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Chinese Official Calls AI 'Core Engine of New Technological Revolution'
A top Chinese official said AI is the “core engine of a new round of technological revolution” and the main battleground of its rivalry with the U.S.
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The U.S. is reportedly considering a "phased" agreement with Iran to end the conflict.
Washington may be considering a "phased" agreement with Tehran aimed at ending the US-Iran conflict, according to Iranian media ILNA, citing Pakistani sources. The source cautioned that Donald Trump's
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Trump: US producing and delivering weapons at fastest pace in history, including Patriots, THAAD, and Tomahawks
Former President Donald Trump stated that the United States is producing more advanced weapons than ever before, with daily deliveries to forces in the Middle East and beyond. He added that defense fa
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Iranian state-linked Tasnim News rejects Trump’s claim that Tehran wants a quick deal with Washington
Iranian state-linked Tasnim News rejected Trump’s claim that Tehran wants a quick deal with Washington. The outlet said Iran has repeatedly stated it does not seek negotiations with the U.S. governmen
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Trump says U.S. is open to engaging with Iran, will determine whether to choose to engage
Trump says U.S. is open to engaging with Iran, will determine whether to choose to engage
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Iran War fiscal pressure may lead Gulf states to prioritize domestic investments over US commitments, PIIE report says
A new analysis from the Peterson Institute for International Economics (PIIE) indicates that the ongoing conflict between the United States and Iran is creating fiscal pressure for Saudi Arabia, Qatar
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GasBuddy Analyst: Americans have spent an additional $109.2 billion on gasoline and diesel since March, with the daily increase currently around $730 million.
According to Patrick De Haan, head of petroleum analysis at GasBuddy, U.S. consumers and truckers have spent an estimated $109.2 billion more on gasoline and diesel since March 1 compared to the same
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Former CIA officer Scott Uehlinger states US may be 'forced to intervene' in Red Sea
Uehlinger's remarks come as the United States faces growing pressure to intervene after Houthi forces seized control of Yemen’s Red Sea coast, though the White House has so far declined requests for d
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Some companies that left China to avoid U.S. tariffs are now returning, citing difficulties in replicating China's factory ecosystem
A year after shifting production and sourcing out of China, some firms are finding it challenging to replicate the country's skilled labor, supplier networks, and reliable power elsewhere. U.S. retail
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Iran states US, not lack of mediation, is main obstacle to diplomacy
Iran states US, not lack of mediation, is main obstacle to diplomacy
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Canadian firms spent $9B on U.S. commercial real estate in the 12 months to June, shrugging off trade war concerns
The pace of U.S. asset purchases by Canadian firms accelerated in Q2, with 32% of capital raised for global acquisitions directed to the U.S. during the period, up from 19.3% a quarter earlier. Collie
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US Special Envoy Jared Kushner says Israel's failed Doha attack left it 'globally isolated' and helped force Gaza deal
Kushner added that the international outrage following the 'terrible' attack on Hamas leadership in Doha allowed US mediators to force Israel into a Gaza deal.
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Guyana's President: Oil Revenue Surges Due to Iran Conflict
Guyana's President, Mohamed Irfaan Ali, stated that the country's oil revenues have sharply increased in recent months due to the Iran conflict reshaping global markets. He emphasized that he does not
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U.S. Energy Secretary Chris Wright Warns Against Hormuz Deal Optimism, Iran to Propose Temporary Shipping Lane on Monday
U.S. Energy Secretary Chris Wright warned traders against expecting a quick Strait of Hormuz breakthrough with Iran, noting that alternative routes are currently supplying about 10 million barrels a d
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Kremlin says Russia-Ukraine-US talks possible in October
Kremlin spokesman Dmitry Peskov said that trilateral talks between Russia, Ukraine, and the United States could take place in October. This follows visits by U.S. negotiators to Kyiv and Moscow to pus
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Al Jazeera Analysis: Iran War Reveals BRICS' Limits in Translating Economic Weight into Geopolitical Sway
The analysis highlights that the BRICS bloc struggled to achieve a unified stance on the US-Israel war on Iran, failing to condemn the US directly in its summit declaration. This demonstrates the diff
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South Korea nears announcement of first US investment project, with briefing to lawmakers set for Sept. 17
South Korean Industry Minister Kim Jung-kwan returned Sunday from three days of talks in New York, where he met US Commerce Secretary Howard Lutnick and other officials to discuss prospective projects
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North Korea reportedly using foreign IT talent to infiltrate US companies
The DPRK is said to be employing IT workers from third countries to pass job interviews for positions in US companies, with these roles subsequently taken over by North Korean operatives.
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Council on Foreign Relations Senior Fellow: Houthi attacks pose a major setback to U.S. strategy of stabilizing regional oil flows, Iran's nuclear activities raise new concerns.
Ray Takeyh, a senior fellow at the Council on Foreign Relations, stated on Bloomberg Television that renewed Houthi attacks represent a significant setback for the U.S. strategy to stabilize regional
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