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

Become a contributor

Bookmark Econotimes

Politics

Fri, Sep 18, 2026 07:11 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EU Unveils Major Defense Plan to Strengthen Eastern Borders and Counter Drone Threats by 2030

Oct 17, 2025 00:40 am UTC| Politics

The European Commission has unveiled an ambitious defense roadmap featuring four flagship projects aimed at bolstering Europes security by 2030. The initiative comes amid rising fears of potential Russian aggression and...

Western Powers Tighten Grip on Russia’s Oil as Trump Claims India to Halt Purchases

Oct 16, 2025 15:11 pm UTC| Politics Economy

Western nations have intensified pressure on Russias oil exports amid the ongoing war in Ukraine, with U.S. President Donald Trump asserting that India will cease buying Russian crude and Britain imposing sweeping...

Trump and Putin to Hold Call Ahead of Zelenskiy’s White House Visit

Oct 16, 2025 14:56 pm UTC| Politics

U.S. President Donald Trump and Russian President Vladimir Putin are scheduled to hold a phone call on Thursday, according to a report by Axios. The planned conversation comes just one day before Ukrainian President...

Trump Ties U.S. Support to Milei’s Midterm Success as Argentina Faces Key Vote

Oct 16, 2025 14:15 pm UTC| Politics Economy

U.S. President Donald Trump met Argentine President Javier Milei at the White House this week, warning that continued U.S. financial support depends on Mileis performance in Argentinas upcoming midterm elections. The...

Pakistan Offers Talks as Ceasefire Holds After Deadly Border Clashes with Afghanistan

Oct 16, 2025 14:10 pm UTC| Politics

Pakistans Prime Minister Shehbaz Sharif announced that Islamabad is ready to hold dialogue with Afghanistan to ease ongoing border tensions, as a fragile ceasefire continues following days of intense fighting between the...

Israel and Hamas Trade Accusations Amid Ceasefire and Rafah Crossing Preparations

Oct 16, 2025 14:04 pm UTC| Politics

Israel announced on Thursday that it was preparing to reopen Gazas Rafah crossing with Egypt to allow limited movement of Palestinians but did not confirm a reopening date. The move comes as tensions persist between Israel...

U.S. Warns China’s Rare Earth Export Curbs Threaten Global Supply Chains Amid Rising Trade Tensions. Source: Roman Pilipey/EPA

Oct 16, 2025 02:02 am UTC| Politics Economy

Top U.S. officials have condemned Chinas expanded rare earth export controls, warning that the move poses a serious threat to global supply chains and could force Washington to respond with stronger trade measures. U.S....

561 562 563 564 565 566 567 568 569 570

Economy

Bessent Presses Japan on Fiscal Policy as Yen Struggles

U.S. Treasury Secretary Scott Bessent has pushed Japan to tighten fiscal policy and support higher interest rates as Washington and Tokyo work to stabilize the yen and limit risks in global bond markets. Japanese Finance...

Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High

Asian currencies traded mixed on Friday, with the Japanese yen weakening despite a Bank of Japan interest rate hike, while a hawkish Federal Reserve outlook kept the U.S. dollar supported near a seven-week high. The U.S....

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Yen Sinks as BOJ Rate Hike Fails to Impress Markets

The Japanese yen weakened sharply against major currencies on Friday after the Bank of Japans widely expected interest rate hike failed to impress currency markets. The yen fell as much as 0.8% to 157.145 per U.S. dollar,...

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

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

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...