According to White House reporter Bo Erickson, writing alongside Padraic Halpin and Conor Humphries for Reuters, President Donald Trump suggested on Sept. 13, that the United States could stay in Iran and “keep the oil”, drawing a parallel to a U.S. push to take control of a fifth of Venezuela’s vast oil reserves. Geopolitical Leverage … Read more
Chinese President Xi Jinping unveiled a slate of new initiatives spanning artificial intelligence, trade, and economic cooperation at the annual BRICS leaders’ summit in New Delhi, according to official reports from Xinhua cited by Reuters. The push aims to weld the expanded emerging economies bloc into a practical platform for Global South development. Xi Jinping … Read more
South Africa is extraditing six Nigerian nationals to the United States on Friday over their alleged involvement in the Black Axe organized crime network, wire fraud, and money laundering, according to the South African Police Service’s elite Hawks unit. The suspects allegedly targeted more than 100 women in the U.S. and defrauded them of more … Read more
Oracle shares gained 3% in early trading according to Reuters, climbing after the database giant reported a $26 billion jump in its revenue backlog that eased investor anxiety regarding its massive, debt-driven cloud infrastructure spending spree, though financial analysts caution that a full cash flow recovery remains years away. Revenue Backlog Surges to $664 Billion … Read more
Pakistan has delivered a Saudi warning to Iran urging leaders in Tehran to rein in Yemen’s Houthi movement as escalating cross-border fighting tests Islamabad’s delicate diplomatic balancing act, according to Saudi, Pakistani, and Iranian sources. High Stakes in Regional Diplomacy Meanwhile, Pakistani foreign ministry spokesman Sajjad Haider Khan said in a briefing on Thursday that … Read more
China’s Ministry of Finance is advancing a 360 billion yuan package to bolster state-owned banks and insurers as economic growth slows, according to corporate statements and reports from state news agency Xinhua. The intervention combines a 290 billion yuan capital injection for major commercial banks with a separate 70 billion yuan rescue plan for five … Read more
The Israeli military destroyed an underground Hezbollah infrastructure network at the Ali al-Taher ridge in southern Lebanon, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz announced on Thursday. According to a joint statement from the two officials, the operation completed the consolidation of a security zone in the area. Israeli forces intend to remain … Read more
New Delhi is preparing to welcome the BRICS Leaders’ Summit on September 12–13, aiming to elevate the international stature of the group even as an American-led military campaign against Iran divides its members, placing Tehran and Abu Dhabi on opposite sides of the hostilities. According to reports from New Delhi, the high-stakes meeting takes place … Read more
Sweden is offering foreign-born residents from outside the European Union up to 350,000 Swedish crowns, roughly $37,000, to voluntarily leave the country under a new government scheme aimed at curbing immigration ahead of the September 13 election, according to Reuters reports. Sweden Remigration Grants and Political Stakes The coalition government, which took power in 2022 … Read more
Prime Minister Benjamin Netanyahu is racing to consolidate Israel’s fractious right-wing parties ahead of a Tuesday night deadline to avert an election loss forecast by opinion polls, according to reporting by Reuters. Netanyahu, Israel’s longest-serving prime minister, is seeking a record seventh term in the upcoming October 27 election. However, surveys indicate that his nationalist-religious … Read more