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

Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens

WASHINGTON/TEHRAN, March 19 – Tensions across the Middle East intensified sharply on Thursday as U.S. President Donald Trump publicly called on Israel to refrain from further attacks on Iranian energy infrastructure, warning that continued escalation could deepen an already volatile global energy crisis. His remarks came at a time when retaliatory strikes between Iran and Israel … Read more

Trump frustrated as US allies decline call to protect Hormuz shipping amid escalating Iran war

WASHINGTON, March 16 – The ongoing conflict involving the United States, Israel, and Iran has entered its third week, intensifying geopolitical tensions across the Middle East and raising serious concerns for global energy markets. With military strikes continuing and the Strait of Hormuz effectively disrupted, oil prices have surged while diplomatic divisions between Washington and … Read more

Oil markets shaken by Iran conflict, sharp price spike raises $100 a barrel fears

LONDON, March 1 – Global oil markets were jolted over the weekend as crude prices surged sharply following military strikes involving Iran, the United States, and Israel, triggering fears of a broader regional conflict and a major disruption to energy supplies. Brent crude, the international benchmark, climbed by around 10% in over-the-counter trading to roughly $80 … Read more

Samsung launches Galaxy S26 with higher prices as rising chip costs squeeze margins

SEOUL, Feb 26 – Samsung Electronics has formally introduced its next generation Galaxy S26 smartphone lineup, marking a pivotal moment for the South Korean technology giant as it navigates rising production costs, intensifying competition, and a global surge in demand for advanced memory chips. The launch comes at a time when the company is under … Read more