West Texas Intermediate futures for September delivery declined 4.5% to $80.89 per barrel, while Brent crude futures for October delivery lost 4.4% to $84.10 a barrel in Asia trading, according to market data reported by CNBC. Trump Cancels Strike Amid Regional Talks According to CNBC, U.S. President Donald Trump stated early Sunday that he called … Read more
Brazil’s President Luiz Inácio Lula da Silva confirmed his seventh presidential run on Sunday during his Workers’ Party convention in Sao Paulo, setting up what is very likely to be his last reelection bid at age 80 amidst mounting diplomatic friction from foreign leaders ahead of the October elections. Global Pressures and Foreign Relations Lula … Read more
Israel has shared serious security concerns with the White House regarding a proposed disarmament deal with Hamas, according to Doron Spielman, spokesperson for Prime Minister Benjamin Netanyahu’s office. The diplomatic friction unfolded as Israeli strikes overnight and into Sunday evening killed at least 17 people, including children, in Gaza, according to local Gaza hospitals and … Read more
Mideast allies have reached the parameters of a deal to end the five-month-old Iran war, according to a social media post by US President Donald Trump, who announced he is holding off on ordering new military strikes. The emerging agreement would secure the total opening of the Strait of Hormuz and dismantle Tehran’s nuclear threat, … Read more
Hundreds of thousands of people lined Amsterdam’s canals on Saturday to watch the city’s annual canal boat parade, a centerpiece of World Pride that arrived just a week after a deadly attack on a Pride event in Berlin, according to Associated Press reports. Amsterdam Canal Parade Draws Heavy Security and Historic Prime Ministerial Attendance Motorboats … Read more
United States President Donald Trump announced that he has cancelled a planned large-scale military strike on Iran, according to a statement published on his Truth Social platform, citing progress in diplomatic talks and requests from regional partners to hold off on hostilities. Cancellation of Strikes and Diplomatic Progress President Donald Trump stated that his decision … Read more
Saudi Crown Prince Mohammed bin Salman asked U.S. President Donald Trump to reconsider potential large military strikes on Iran during a phone call, according to Axios. Citing two U.S. officials and sources with knowledge of the call, the report details how Riyadh is pushing for de-escalation over concerns that aggressive military action could spark an … Read more
Herzog Blames New York Mayor’s Rhetoric for Inciting Street Violence President Isaac Herzog launched a direct attack on New York City Mayor Zohran Mamdani in a Fox News interview published on Saturday, accusing the mayor of spreading antisemitism, hate, and blasphemy. Herzog stated that Mamdani does not respect Israel’s right to self-determination. He argued that … Read more
Goldman Sachs pulled in record numbers last quarter, driven largely by a surge in equities trading rather than traditional dealmaking, according to the bank’s latest earnings report. Equities revenue jumped 72% to a record $7.42 billion, outperforming analyst estimates as top Wall Street firms cashed in on heavy market volatility. Global Banking & Markets, the … Read more
At least 11 people sustained injuries in a car bombing in the border city of Cucuta, Colombia, on Saturday, according to local authorities. The attack occurred six days before right-wing President-elect Abelardo de la Espriella is scheduled to take office, replacing outgoing left-wing President Gustavo Petro. Cucuta Car Bombing Injures Police and Civilians Ahead of … Read more