Airline miles may not go as far as the Iran war drives up fuel costs and summer fares

NEW YORK, May 23 – Travelers planning to use airline miles, reward points, or loyalty benefits for summer vacations may discover that their rewards do not stretch as far as they once did. Rising fuel expenses linked to tensions in the Middle East have added new pressure on airlines, contributing to higher ticket prices and increased … Read more

China’s Xi hails trade progress in Trump summit, sends Taiwan warning

BEIJING, May 14 – Chinese President Xi Jinping and U.S. President Donald Trump opened a closely watched summit in Beijing on Thursday with both leaders signaling cautious optimism on trade, while deep divisions over Taiwan and global security continued to cast a shadow over relations between the world’s two largest economies. The meeting marks Trump’s … Read more

US consumer prices jump as Iran war sends energy prices rapidly higher

WASHINGTON, May 12 – New inflation data released in May showed that American consumers faced another difficult month in April as energy prices climbed rapidly during the Iran conflict. Rising gasoline prices, increasing grocery bills, and mounting pressure on household budgets are now creating fresh concerns about the strength of the U.S. economy and the … Read more

Trump heads to China seeking trade relief and Iran support amid rising global pressure

BEIJING/WASHINGTON, May 11 – As President Donald Trump prepares for a high stakes visit to Beijing on May 14 and 15, the White House is entering negotiations with a far narrower agenda than many officials once envisioned. What was previously framed as a campaign to economically overpower China through aggressive tariffs has evolved into a … Read more

Czech government wants to ease fiscal rules, sparking deficit worries

PRAGUE, May 5 – The Czech government is moving ahead with controversial legislation that would loosen long-standing fiscal restrictions and allow major infrastructure investments to bypass existing deficit limits. The proposal has sparked growing concern among economists and fiscal watchdog officials, who warn the changes could significantly alter the country’s traditionally cautious budget policy and … Read more

Iran fires on 3 ships in Strait of Hormuz as US Blockade deepens crisis

TEHRAN, April 22 – Tensions in one of the world’s most critical maritime corridors escalated sharply on Wednesday after Iran opened fire on multiple commercial vessels in the Strait of Hormuz and reportedly seized two of them. The latest developments come at a fragile moment, just one day after U.S. President Donald Trump extended a … Read more

Rising Strait of Hormuz conflict casts doubt on upcoming Iran-US talks

TEHRAN/BEIRUT, April 20 – Fresh uncertainty surrounds a planned round of negotiations between the United States and Iran, as rising tensions in the Strait of Hormuz threaten to derail already fragile diplomatic efforts. Pakistan, which has been facilitating communication between the two sides, continued preparations on Monday for talks expected in Islamabad, even as military … Read more

Trump issues fiery new threat against Iran as details of US aviator’s rescue emerge

WASHINGTON/TEHRAN, April 5 – Tensions between the United States and Iran escalated sharply on Sunday as President Donald Trump delivered a blunt warning tied to a looming deadline over the Strait of Hormuz, while new details surfaced about a dramatic rescue mission involving a downed American aviator inside Iranian territory. The developments come amid a … Read more

Trump signals military escalation in Iran, Oil prices surge to $109

WASHINGTON, April 2 – The possibility of a near-term resolution to the intensifying conflict involving Iran appeared increasingly unlikely on Thursday after U.S. President Donald Trump delivered a forceful address outlining plans for expanded military action. His remarks rattled global markets, pushed oil prices higher, and raised fears of a broader regional escalation that could have … Read more

Trump issues new threat against Iran’s civilian infrastructure if ceasefire is not reached quickly

WASHINGTON, March 29 – Tensions in the Middle East escalated sharply on Monday after President Donald Trump issued a stark warning to Iran, threatening to target key elements of its civilian and economic infrastructure if a ceasefire is not reached in the near future. His remarks come as the ongoing conflict continues to spread across … Read more