US Officials Prepare for Xi Visit Amid High-Level Talks
Top US Treasury official Scott Bessent and US Trade Representative Jamieson Greer recently met with Chinese counterparts. These discussions took place in China.
Economy
Yemen's Houthis Consider Red Sea Transit Fees
Yemen's Houthi movement is reportedly considering imposing fees on ships passing through the Bab el-Mandeb Strait. This strategic waterway is a vital chokepoint
Saudi Arabia Proposes New Maritime Defense Alliance
Saudi Arabia announced on Thursday its intention to form a multinational naval coalition. This alliance aims to safeguard global shipping and energy routes. The
Australia and Singapore Deepen Ties for Future Challenges
Officials from Australia and Singapore met this week. They discussed strengthening their partnership. The 15th Joint Ministerial Committee focused on resilience
Kuwait’s Chief of Staff Meets Saudi‑Based Maritime Defence Coalition to Safeguard Bab el‑Mandeb
General Khaled al‑Shuraian, Kuwait’s chief of staff, convened in Riyadh on 30 July 2026 with a regional maritime defence coalition. The meeting focused on secur
Iran's Economy: A Shifting Landscape for New Businesses
Iran's economy has undergone a dramatic transformation since the 1979 revolution. It now operates much like a „mafia state,„according to recent analysis. This u
US Borrowing Costs Hit 19-Year High as Fed Maintains Rates
Borrowing costs in the United States have reached their highest point in 19 years. This follows the Federal Reserve's decision to hold interest rates steady. Th
Fed Keeps Interest Rates Steady
The Federal Reserve held a press conference in Washington DC. Kevin Warsh, the chairman, spoke on June 17, 2026. The event was significant for the US economy. R
US Federal Reserve Keeps Interest Rates Unchanged Amid High Inflation
The United States Federal Reserve announced Wednesday it would maintain its current interest rate. This decision comes as inflation remains a significant concer
Global Emerging Markets Retreat as Asian Tech Sector Stumbles
Emerging market equities suffered a sharp decline for the second consecutive day on Tuesday. The benchmark index dropped significantly as investors reacted to a
Bond Market Jitters Ahead of Federal Reserve Decision
Bond traders are feeling increasingly nervous. This comes just before the Federal Reserve’s upcoming policy announcement. A recent call from Citadel Securities
Sri Lanka Faces Diplomatic Tightrope Walk Over China Labor Claims
Sri Lanka is navigating a complex diplomatic situation. It must appear to validate forced labor accusations against China. This stance is necessary to avoid inc