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Global Geopolitical Series: Canada trying to break impasse with Saudi Arabia by diplomatic engagement

Aug 24, 2018 12:37 pm UTC| Commentary

Canadian Prime Minister Justin Trudeau has confirmed earlier this week that his country is engaging diplomatically to resolve the ongoing bitter dispute with Saudi Arabia which was triggered after Canadian foreign minister...

Global Geopolitical Series: U.S. not ready to recognize Israeli rights to Golan Heights

Aug 24, 2018 12:11 pm UTC| Commentary

It became clear this week that Israel is looking for more than the recognition of Jerusalem as its capital, which was done by President Trump late last year, after which the U.S. moved its embassy from Tel Aviv to...

U.S. Treasuries suffer ahead of Jackson Hole Symposium, Fed Chair Powell’s speech

Aug 24, 2018 11:54 am UTC| Commentary Economy

The U.S. Treasuries slumped Friday as all eyes today will be on the Kansas City Feds annual Jackson Hole symposium, as Fed Chair Powell is scheduled to deliver his speech on monetary policy in a changing economy. The...

Cryptocurrency Brief: BTC/USD gains slightly after SEC decides to review ETF decisions, China issues joint statement against illegal fundraising schemes – Friday, August 24th, 2018

Aug 24, 2018 11:37 am UTC| Commentary Digital Currency Economy Market Roundups

BTC/USD: Bitcoin prices, during afternoon session Friday, retained some of its gains witnessed on Thursday, but the upside still remains capped, following a back-to-back rejection of ETFs by the Securities and Exchange...

Global Geopolitical Series: Will EU heed to U.S. national security advisor’s call on Europe to either choose U.S. or Iran?

Aug 24, 2018 11:17 am UTC| Commentary

The United States is making it clear for the European Union; they are either with the United States or with Iran. Earlier this week, United States national security advisor John Bolton couldnt be more than direct, We...

Global Geopolitical Series: EU announces €18 million aid to Iran as sanctions bite

Aug 24, 2018 10:50 am UTC| Commentary

As American sanctions start to bite Iranian exports and developments projects with scores of European companies exiting Iran with French energy giant Total being the latest big name to exit lucrative Iranian gas project,...

Global Geopolitical Series: Iran calls on U.S. to rejoin JCPoA

Aug 24, 2018 10:27 am UTC| Commentary

Iran is reportedly trying to pursue the United States to rejoin the Joint Comprehensive Plan of Action (JCPoA), better known as the Iran nuclear deal, as the only international measure Tehran will agree to as a measure to...

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Economy

Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict

Rising fuel prices linked to the Iran conflict are accelerating demand for both new and used electric vehicles (EVs) across Europe, according to industry data shared with Reuters. While automakers are benefiting from...

German Industry Employment Falls to Lowest Level in a Decade

Germanys industrial sector recorded its lowest employment level in 10 years in 2025, with the number of workers dropping to just 6.6 million, according to a study by the German Economic Institute (IW). The findings...

Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness

Japan has reaffirmed its readiness to act against excessive currency volatility as the Japanese yen continues to weaken against the U.S. dollar. Chief Cabinet Secretary Minoru Kihara stated on Thursday that the government...

Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal

Asian currencies recovered modestly on Thursday after suffering steep losses in the previous session, while the U.S. dollar remained close to a two-month high following the Federal Reserves latest policy announcement. The...

Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal

Asian stock markets mostly advanced on Thursday, led by strong gains in Japan and South Korea after reports emerged that the United States and Iran had signed a framework agreement aimed at ending their nearly four-month...

Politics

Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict?

More than three months after the United States and Israel launched airstrikes on Iran on February 28, President Donald Trumps objectives remain under scrutiny as a preliminary peace agreement moves toward finalization....

Russia and Ukraine Exchange Strikes After Zelenskiy-Trump Talks

Russia and Ukraine exchanged fresh attacks overnight, escalating tensions just hours after Ukrainian President Volodymyr Zelenskiy held discussions with U.S. President Donald Trump, French President Emmanuel Macron, and...

South Korea’s Lee Jae Myung Strengthens Ties With Trump at G7 Summit, Discusses North Korea and Future Golf Meeting

South Korean President Lee Jae Myung emerged from the G7 summit with a symbolic gift from U.S. President Donald Trump and renewed momentum in South Korea-U.S. relations, following extensive discussions on North Korea,...

Trump-Iran Interim Agreement Extends Ceasefire as G7 Leaders Welcome Path to Peace

The United States and Iran have released the text of a newly signed interim agreement aimed at ending months of conflict, with U.S. President Donald Trump warning that military action could resume if Tehran fails to comply...

Trump Questions USMCA Renewal as Trade Talks Continue

U.S. President Donald Trump has cast doubt on the future of the United States-Mexico-Canada Agreement (USMCA), saying the United States could perform better without the North American trade pact, although he remains open...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....