Saudi Arabia is set to cancel next year’s Joy Awards as financial strain and the regional war involving Iran impact the nation’s entertainment sector, Reuters reported. Held in January, the event serves as a major fixture on Riyadh’s annual calendar, drawing international performers and handing out awards across music, entertainment, and sport. Joy Awards Cancellation … Read more
Latvians vote in a parliamentary election on Saturday, October 3, 2026, that is likely to keep power in the hands of pro-Ukrainian Prime Minister Andris Kulbergs, although deep political fragmentation may complicate the formation of a government. Opinion polls put Kulbergs’ centrist United List ahead with about 14% of the vote, followed closely by the … Read more
Global Powers Coordinate Emergency Diesel Release to Combat Surging Fuel Prices The Group of Seven nations agreed on Friday to release 100 million barrels of emergency reserves to cool surging diesel prices linked to the ongoing war in Iran, cnbc.com reported. In a joint statement, G7 leaders announced that the drawdown will begin immediately and … Read more
Russia warned NATO on September 30 that it is prepared to use its entire military arsenal, including nuclear weapons, if the Western alliance attempts to isolate the strategically vital exclave of Kaliningrad. According to a diplomatic document cited by reuters.com, Moscow accused NATO of pursuing a dangerous and reckless course that carries high risks of … Read more
Global bonds experienced a heavy selling round that pushed borrowing costs in the United States, France, and Britain to multi-decade highs, driven by surging energy costs, strong economic growth, and massive artificial intelligence investments that have intensified competition for capital. The U.S. 10-year Treasury yield climbed to 5.34% on Thursday, its highest level since April … Read more
Sources indicate that Iran is organizing a more extensive and powerful retaliation should the United States restart large-scale military strikes, even as it persists with diplomatic efforts that Iranian officials privately believe are unlikely to be successful. “We do not know what is going on in the minds of Trump and Netanyahu,” Major General Yahya … Read more
Huawei Technologies unveiled its Mate 90 smartphone series on Thursday, betting on its in-house HarmonyOS 7 operating system and a redesigned chip architecture to counter ongoing US restrictions on advanced semiconductor shipments. Huawei Mate 90 Launch and Chip Constraints Speaking to reporters ahead of the launch, Huawei consumer business chief Richard Yu acknowledged that the … Read more
Chinese President Xi Jinping addressed the 77th anniversary of the founding of the People’s Republic of China on September 30, 2026, urging efforts to meet full-year economic targets while maintaining firm opposition to Taiwan independence. Speaking alongside Premier Li Qiang and NPC Standing Committee Chairman Zhao Leji at the Great Hall of the People in … Read more
Flydubai flight FZ1073 from the United Arab Emirates to Israel experienced a severe security incident when an event involving the pilots led to a rapid descent, followed by the co-pilot’s reported arrest by Saudi authorities after the aircraft landed safely in Saudi Arabia. Israeli officials reported that more than 170 Israelis were on board the … Read more
Global bonds are heading toward their worst monthly performance in years, driven by deteriorating government finances, heavy debt issuance, and persistent inflation pressures stemming from the seven-month-old US-Israeli war on Iran. Global Bond Markets Face Steep Monthly Losses Benchmark 10-year US Treasury yields hovered just below their highest level since June 2007 at 5.209% in … Read more