Federal Bank plans to raise $500 million through a five-year dollar bond sale, according to bankers who requested anonymity because they lack authorization to speak with the media. The capital-raising effort follows a board approval on Friday for foreign-currency-denominated bonds issued through the International Financial Services Centre Banking Unit located in GIFT City. Federal Bank … Read more
President Donald Trump capped celebrations of the U.S. 250th anniversary on August 23, 2026, by overseeing a first-of-its-kind IndyCar race through the streets of Washington, D.C., according to Reuters reporting by Jacob Bogage and Ryan Jones. The Freedom 250 Grand Prix Route and Spectator Turnout Sunday afternoon saw the flagship motorsport competition, designated the Freedom … Read more
According to Ukrainian President Volodymyr Zelenskiy, Russia is planning to draft an additional 300,000 troops for its war effort following Russian parliamentary elections scheduled for September 18 to 20. The mobilization drive aims to eventually reach 500,000 troops through a peripheral mobilisation targeting Russia’s far-flung regions. Troop Mobilization and Donbas Frontlines Speaking to reporters, Zelenskiy … Read more
President Donald Trump travels to South Carolina on Friday, August 21, 2026, to campaign for U.S. Senator Darline Graham ahead of a crucial Republican primary runoff, according to reports by Reuters, AP News, and USA Today. Graham, a political newcomer appointed to the seat following the death of her brother, Senator Lindsey Graham, faces U.S. … Read more
Fagersta School Sword Attack Leaves Three Injured as Police Detain Suspect in Central Sweden A man armed with a sword severely injured two teenage boys and a third person at Brinellskolan in Fagersta, central Sweden, on Friday, August 21, 2026, according to local authorities and emergency services. Police detained one suspect at the scene following … Read more
Abu Dhabi National Oil Company vessel attacks in the Strait of Hormuz have escalated security concerns for global energy shipments, according to Emirati state news agency WAM and regional reporting. An ADNOC vessel came under attack while transiting the vital waterway, resulting in no reported injuries and the situation being brought under control, the company … Read more
Indonesian President Prabowo Subianto is set to present his 2027 budget proposals this Friday, a move viewed as a critical test of his administration’s economic credibility. The president faces significant investor skepticism and declining public support amid concerns over government overspending, the independence of the central bank, and the future of state-led commodity export policies. … Read more
The United States received multiple unverified warnings from Israel over the past year alleging that Iran planned to assassinate President Donald Trump, according to a current U.S. official and two former officials. The intelligence tips, which included threats involving snipers, knives at public events, and shoulder-launched missiles targeting Air Force One, prompted the U.S. Secret … Read more
The United States military can maintain a naval blockade of Iran indefinitely by rotating ships in and out of the region, according to Defense Secretary Pete Hegseth. Speaking during a trip to Panama on Thursday, August 13, Hegseth said the enforcement mechanism has inflicted severe economic damage on Tehran as regional tensions rise, global oil … Read more
A powerful explosion rocked a munitions factory operated by KNDS Ammo Italy near the town of Colleferro southeast of Rome on Thursday, according to local media reports and regional officials. Emergency crews responding to an initial fire at the industrial site were present when the blast occurred, sending large plumes of smoke into the air … Read more