Global events and international developments affecting markets.
Reporting on international affairs, geopolitical developments, and global economic trends. This category connects world events to their potential impact on financial markets, trade flows, and investor risk perception.
3,061 total articles
Patrick Vandenameele, who became CEO of Belgian research hub imec in April, called on Europe to develop its own AI chip design companies as the European Commission prepares to unveil an updated Chips Act on May 27. He said the initial 43 billion euro program launched in 2023 helped stabilize the region but that further action is needed to produce l…
U.S. Treasury Secretary Scott Bessent said the administration is not hurried to extend a tariff and critical minerals truce with China that expires in November 2025, noting there is time to address renewal in talks later this year. Bessent indicated Beijing would likely accept the reinstatement of earlier U.S. tariff rates under new Section 301 dut…
Speaking in Paris after a meeting of G7 finance leaders, U.S. Treasury Secretary Scott Bessent urged allies to take tougher action against Iran’s financing networks and announced a review of the U.S. sanctions list to remove outdated designations. The Treasury plans to modernize its sanctions framework under a campaign dubbed "Economic Fury," which…
With less than a month until the World Cup opener on June 11, Mexico City is racing to complete renovations across metro stations and airports. The projects, aimed at preparing the capital to host five tournament matches, have prompted local complaints over noise, congestion and perceived uneven distribution of public investment, while officials ma…
A U.S.-backed Board of Peace overseeing a $70 billion reconstruction plan for Gaza warned the United Nations Security Council that a gap between pledged funds and actual disbursements must be closed urgently. The board urged pledged states to accelerate payments but did not disclose how much had been received. The plan’s financing, oversight struct…
Three European intelligence agencies and internal documents reviewed by the reporting organization indicate that roughly 200 Russian military personnel underwent covert training in China late last year, with some of those individuals later taking part in combat operations in Ukraine. The courses, formalized in a Russian-Chinese agreement signed in …
Keiko Fujimori has repositioned her presidential bid around a security-first message that explicitly draws on the legacy of her father, former president Alberto Fujimori. Facing a second-round contest against leftist Roberto Sanchez, she is foregrounding promises of uncompromising anti-crime actions, expanded military roles and stricter anti-terror…
European Union negotiators were preparing for a late-evening session to finalize legislation that would eliminate import duties on U.S. industrial goods and provide preferential access for U.S. farm and seafood products, implementing a trade understanding reached last year. The move is intended to satisfy commitments made under the Turnberry accord…
Iran’s most recent peace proposal to Washington calls for a halt to fighting on all fronts, including Lebanon, withdrawal of U.S. forces from areas near Iran, reparations for damage from the U.S.-Israeli campaign, lifting sanctions and release of frozen assets, Iranian state media reported. U.S. President Donald Trump has previously rejected a prio…
Taiwan’s defence minister expressed cautious optimism about prospective U.S. arms transfers after U.S. President said he was still weighing new sales. The comments come amid concern in Taipei following a recent meeting between the U.S. and Chinese leaders. Taipei reiterates that Washington’s policy toward Taiwan has not changed and points to legal …
A nine-year-old student at the Islamic Center of San Diego described huddling with classmates in a closet as multiple rounds were fired outside the mosque complex that also houses Bright Horizon Academy. Police said three men connected to the center were killed outside the building by two teen suspects who later died by suicide. All students were a…
Early on Tuesday, Russian air strikes damaged port facilities in Izmail, a key Danube port in Ukraine, while Russian officials reported shooting down four drones headed for Moscow. Separate attacks left people trapped under rubble in Kharkiv and caused casualties in Russia's border regions. Ukrainian claims that Russian refining capacity has fallen…
U.S. prosecutors have charged Alex Saab, a close associate of Venezuelan President Nicolas Maduro, with money laundering tied to the alleged misuse of a Venezuelan welfare program. Court papers unsealed Monday lay out accusations that Saab conspired to bribe officials and moved funds through U.S. bank accounts. Saab was deported over the weekend by…
President Donald Trump announced a postponement of a planned military strike on Iran after senior leaders of key Middle East allies asked for a delay to allow diplomacy to continue. Speaking at a drug price event, he said there was a "very good chance" an agreement could be reached to prevent Iran from obtaining a nuclear weapon, while also caution…
Mexican President Claudia Sheinbaum said on May 18 she will address planned teacher protests and strikes before the World Cup begins on June 11, as unions threaten disruptive actions in Mexico City over a proposed adjustment to the summer break and longstanding demands on pay and pensions. Key unions have set start dates for strikes and activity su…
Senior U.S. State Department intervention facilitated a visa for former Polish Justice Minister Zbigniew Ziobro, who faces 26 charges in Poland. The action, directed by Deputy Secretary Christopher Landau and justified to consular officials as urgent, enabled Ziobro to travel from Hungary to the United States ahead of a Hungarian change in governme…
The U.S. Treasury Department on Monday announced sanctions on nine Cuban officials, including the communications minister and several senior military officers, and designated the country's Directorate of Intelligence. The measures form part of a broader policy by the Trump administration aimed at increasing pressure on Cuba's communist government, …
Mexico's national grid operator, Centro Nacional de Control de Energía (CENACE), has signed an agreement with Turkish fleet owner Karpowership to send a floating gas-fired power plant to the Yucatan peninsula. The installation will provide 250 megawatts of generation capacity for use during peak demand over the next three years, with the vessel exp…
Prosecutors in Minnesota announced charges on May 18 against a U.S. Immigration and Customs Enforcement agent, Christian Castro, 53, accusing him of multiple counts of second-degree assault with a dangerous weapon and of falsely reporting a crime. The charges relate to a January shooting in Minneapolis that occurred amid a broader immigration enfor…
Three months after strikes on Iran by the United States and Israel, a U.S. blockade combined with Tehran's control over the Strait of Hormuz has produced a deadlock that neither side appears willing to break. Indirect talks have not closed the gap on core demands, and mounting economic pain inside Iran contrasts with persistent resolve in both capi…
President Donald Trump will unveil a wide-ranging expansion of TrumpRx.gov, the federal website offering discounted prescription medicines, with the administration planning to add generic drugs to the platform. Billionaire Mark Cuban is expected to attend the White House event. TrumpRx, launched in January as part of most-favored-nation pricing dea…
On May 18 U.S. health authorities announced a set of measures aimed at reducing the chance of Bundibugyo virus disease entering the United States. The Centers for Disease Control and Prevention will screen and monitor travelers who were in the Democratic Republic of Congo, Uganda, or South Sudan within the prior 21 days, while expanding contact tra…
Mexican authorities have blocked bank accounts tied to a group of current and former officials who were charged by U.S. prosecutors with aiding the Sinaloa Cartel. President Claudia Sheinbaum described the action as a preventive step taken by Mexico's Financial Intelligence Unit amid an active U.S. indictment and said a formal UIF statement would f…
The World Health Organization has designated the Ebola outbreak spanning eastern Democratic Republic of Congo and Uganda as a public health emergency of international concern after authorities attributed 80 deaths to the Bundibugyo virus. The decision reflects a heightened risk of cross-border transmission, though the WHO said the situation does no…
During the World Health Organization's annual assembly in Geneva, member states voted against a proposal to invite Taiwan as an observer after China indicated it would block participation. China and Pakistan opposed the motion, and the assembly accepted Taiwan's exclusion. Palau and several other countries argued that excluding Taiwan could undermi…
