Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Feb 07, 2026 02:33 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Scott Lucas

Professor of International Politics, University of Birmingham
Scott Lucas became Professor of International Politics in 2014, having been on the staff of the University of Birmingham since 1989 and a Professor of American Studies since 1997.

He began his career as a specialist in US and British foreign policy, but his research interests now also cover current international affairs – especially North Africa, the Middle East, and Iran – New Media, and Intelligence Services.

A professional journalist since 1979, Professor Lucas is the founder and editor of EA WorldView, a leading website in daily news and analysis of Iran, Turkey, Syria, and the wider Middle East, as well as US foreign policy.

Libya floods: the drowning of Derna was a man-made disaster decades in the making

Sep 20, 2023 23:47 pm UTC| Insights & Views Life

In the early hours of September 11, residents of Derna in north-east Libya woke to the sound of loud explosions. After more than a decade of conflict initially between the Gaddafi regime and local factions, then among...

Ukraine war: EU parliament names Russia a 'state sponsor of terrorism' – but it won't stop the missiles

Nov 25, 2022 14:39 pm UTC| Politics

The EU parliament has declared Russia to be a state sponsor of terrorism. The largely symbolic resolution, which passed by a 494-58 vote on November 23, has no particular real-world consequences, but reflects MEPs...

Global Geopolitics Series

Russia and Iran's growing friendship shows their weakness not their strength

Jul 23, 2022 16:14 pm UTC| Politics

Facing economic and military difficulties in his invasion of Ukraine, the Russian president Vladimir Putin popped up this week in Irans capital Tehran. His plan was to show the world that, despite sanctions on Moscow and...

Saudi Arabia's crown prince, backed by the king, moves for absolute power

Mar 16, 2020 06:00 am UTC| Politics

The news seeped out of Saudi Arabia into international outlets late on March 6. King Salmans brother, Prince Ahmad bin Abdul Aziz, had been detained along with the kings nephew Prince Mohammad bin Nayef, former crown...

Is a war coming between the US and Iran?

May 16, 2019 03:34 am UTC| Insights & Views

You cant say the world wasnt warned. In February, US National Security Adviser John Bolton a leading proponent of the disastrous 2003 Iraq War sent a video message to Irans supreme leader, Ayatollah Ali Khamenei, 40...

Pakistan forges closer ties with Saudi Arabia – and Iran isn't happy

Mar 09, 2019 06:02 am UTC| Insights & Views

New relationships are being forged within Pakistan and between Pakistan and Saudi Arabia. These relationships and their importance were captured in a single, compelling moment during Saudi Crown Prince Mohammad bin...

US mid-term results: seven key issues and what they mean for the country's uncertain future

Nov 08, 2018 17:21 pm UTC| Insights & Views Politics

America has voted, the results are in, but the countrys future remains uncertain for now. Tuesdays Congressional mid-term elections were billed rightly as among the most important in US history. Decades of widening...

1 2 3

Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Politics

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....