World

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.

Articles

3,119 total articles

Harvard Faculty Limit 'A' Grades to Curb Rising Grade Inflation

Harvard Faculty Limit 'A' Grades to Curb Rising Grade Inflation

Harvard faculty voted overwhelmingly to limit the share of A grades awarded in undergraduate courses to one-fifth of enrolled students plus up to four additional students, a measure designed to address a steady rise in A grades that university officials say has harmed academic culture. The policy takes effect in fall 2027 and does not impose limits…

Raul Castro Indicted in U.S. Case; Profile of Cuba’s Enduring Power Broker

Raul Castro Indicted in U.S. Case; Profile of Cuba’s Enduring Power Broker

Raul Castro, 94-year-old former president of Cuba and brother of revolutionary leader Fidel Castro, has been indicted by the United States over the 1996 shootdown of aircraft operated by Brothers to the Rescue. A founding figure of Cuba’s communist government, Castro built his influence through military leadership during and after the 1959 revoluti…

1996 Shootdown Revisited: The Incident Underpinning Raul Castro Indictment

1996 Shootdown Revisited: The Incident Underpinning Raul Castro Indictment

U.S. authorities announced an indictment of Cuba's former president Raul Castro tied to a 1996 episode in which Cuban military jets shot down two light aircraft operated by the group Brothers to the Rescue, killing four people. The event generated divergent accounts over whether the planes were in Cuban airspace or in international waters, produced…

Carney Condemns Treatment of Gaza Flotilla Activists as 'Abominable'

Carney Condemns Treatment of Gaza Flotilla Activists as 'Abominable'

Canadian Prime Minister Mark Carney called the treatment of activists aboard a Gaza-bound flotilla "abominable" and said the footage shared by Israel's National Security Minister Itamar Ben-Gvir was unacceptable. Ottawa announced it would summon the Israeli ambassador; Canada has already imposed sanctions on Ben-Gvir including asset freezes and a t…

Trump Signals Possible Escalation Against Iran While Waiting on Deal

Trump Signals Possible Escalation Against Iran While Waiting on Deal

Speaking at the U.S. Coast Guard Academy in New London, Connecticut, President Donald Trump said the United States may need to strike Iran more forcefully but will wait to see whether negotiations produce an agreement. He reiterated an ultimatum-like stance he has used since declaring a ceasefire six weeks earlier and insisted that the U.S. will no…

Fujimori Holds Slim Advantage Over Sanchez in Runoff, Poll Shows

Fujimori Holds Slim Advantage Over Sanchez in Runoff, Poll Shows

An Ipsos Peru poll conducted May 16-17 and published on May 20 indicates right-wing candidate Keiko Fujimori leads leftist Roberto Sanchez 39% to 35% in the June 7 presidential runoff. The survey shows persistent undecided or blank-vote intentions and a measurable portion of the electorate opposed to both contenders. Economic messages and proposed …

Ukraine Fortifies Northern Defences as Officials Warn of Russian Offensive Plans

Ukraine Fortifies Northern Defences as Officials Warn of Russian Offensive Plans

Ukrainian authorities announced plans to strengthen military forces in northern regions and to ramp up diplomatic measures toward Belarus after intelligence indicated Russia had prepared multiple scenarios for a push toward Kyiv from the north. Senior military and government officials cited specific planning activity attributed to the Russian Gener…

Bolivia Expels Colombian Ambassador Citing Interference as Protests Intensify

Bolivia Expels Colombian Ambassador Citing Interference as Protests Intensify

Bolivia's foreign ministry has asked Colombia's ambassador to leave the country, accusing the envoy of interfering in internal affairs after comments by Colombian President Gustavo Petro describing current unrest as a "popular insurrection." The request comes as broad protests have forced bank branch closures and created roadblocks that hamper supp…

Gazans Face Barriers to Hajj and Eid Sacrifices as Restrictions Persist

Gazans Face Barriers to Hajj and Eid Sacrifices as Restrictions Persist

Many residents of Gaza say they will be unable to travel for the Hajj and will again mark Eid al-Adha without sacrificial animals as restrictions on movement and damage to the livestock sector persist following the 2023 conflict. Israeli authorities say the Rafah crossing is limited to humanitarian cases and that they have approved food imports, wh…

Russia and China Warn U.S. 'Golden Dome' Missile Shield Threatens Strategic Balance

Russia and China Warn U.S. 'Golden Dome' Missile Shield Threatens Strategic Balance

Russia and China issued a joint rebuke of U.S. plans for a global missile-defence architecture known as 'Golden Dome,' saying the project undermines strategic stability. The statement, released as President Xi Jinping officially welcomed President Vladimir Putin in Beijing, also criticized the United States for allowing the 2010 New START arms cont…

Israeli parliament set to vote on self-dissolution as early election prospect grows

Israeli parliament set to vote on self-dissolution as early election prospect grows

Israel’s Knesset is due to vote on a bill to dissolve itself, a step that would bring forward the national election by a few weeks. The initiative follows the decision by an ultra-Orthodox faction to end its alliance with Prime Minister Benjamin Netanyahu over an unmet promise on military service exemptions, and mirrors longstanding opposition atte…

U.S. Opens Second Criminal Probe Into Nicolas Maduro, Sources Say

U.S. Opens Second Criminal Probe Into Nicolas Maduro, Sources Say

U.S. authorities are conducting a separate criminal investigation into ousted Venezuelan President Nicolas Maduro from the U.S. Attorney's Office in Miami. The probe, active for months and concurrent with a federal case in New York, has examined possible money laundering and was underway when U.S. forces captured Maduro and his wife during a Januar…

U.S. Raises Alarm as Nationwide Protests Rock Bolivia Over Austerity Measures

U.S. Raises Alarm as Nationwide Protests Rock Bolivia Over Austerity Measures

U.S. Deputy Secretary of State Christopher Landau said he spoke with Bolivian President Rodrigo Paz and expressed deep concern about widespread protests that began with strikes in early May and have expanded into a national movement. Demonstrations involving unions, miners, transport workers and rural groups are demanding a rollback of austerity me…

Banks Shut Branches as Protests Disrupt La Paz; Diplomats Urge Restraint

Banks Shut Branches as Protests Disrupt La Paz; Diplomats Urge Restraint

Temporary branch closures by multiple banks in central La Paz came as unions, miners, transport workers and rural groups intensified protests demanding rollbacks of austerity measures. The unrest has produced roadblocks that have stranded trucks, forced a state energy company to halt some shipments and prompted international diplomatic appeals for …

U.S. Justice Department to Announce Miami Action Tied to 1996 Cuban Airstrike

U.S. Justice Department to Announce Miami Action Tied to 1996 Cuban Airstrike

The U.S. Justice Department will hold an announcement in Miami on Wednesday at the time of a ceremony commemorating four people killed in a 1996 incident involving Cuban military jets. A Department official said prosecutors plan to seek criminal charges against former Cuban president Raul Castro and expect to unseal an indictment in Miami. The indi…

U.S. Plans to Reduce Forces Allocated to NATO Crisis Pool, Officials Say

U.S. Plans to Reduce Forces Allocated to NATO Crisis Pool, Officials Say

U.S. officials plan to notify NATO allies that Washington will shrink the set of military capabilities it makes available to the alliance for major crises under the NATO Force Model. The move, driven by an administration push for Europe to assume greater conventional defense responsibility, will be announced at a defense policy chiefs meeting in Br…