Economy

Dollar rises, European stocks & bonds fall after reports of US warship being hit

The dollar strengthened while European shares and bond prices fell on Monday after Iran’s Fars News agency reported that two missiles…

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UAE minister says swap line with US ‘under discussion’

The UAE’s foreign trade minister confirmed on Monday that his country was discussing a currency swap line with the United…

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What is the hantavirus that has been confirmed on an Atlantic cruise ship?

Three people have died after a suspected hantavirus outbreak on a cruise ship sailing in the Atlantic Ocean, according to…

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OPEC+ increases oil production quota

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday. The seven major producers will…

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US ‘suffocating’ Iran with blockade, Treasury chief says

Treasury Secretary Scott Bessent said Sunday that the United States was “suffocating” Iran’s leadership through an “economic blockade” launched alongside the US…

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US cautions Americans in UK to be alert after Britain raised threat level

The US embassy in London has cautioned Americans in the UK to stay alert in public places, keep a low profile and…

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China scraps tariffs for all but one African nation

China will scrap tariffs for all African countries from Friday – except Eswatini, which maintains ties with Taiwan. As of…

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It’s not just oil: Iran war also threatens Asia’s food security

As planting season dawned across South East Asia’s rice fields, Suchart Piamsomboon, a 60-year-old farmer from Thailand’s Chachoengsao province, went…

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Don’t ‘loot a charity’: Musk takes stand against OpenAI

Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company’s…

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Iran’s rial currency hits record low as shaky ceasefire with US and Israel holds

Iran’s national rial currency hit a record low Wednesday of 1.8 million to the dollar as a shaky ceasefire with the…

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