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.

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4,389 total articles

Trump Labels Iran’s Reply to U.S. Peace Offer 'Totally Unacceptable' as Oil Surges and Strait of Hormuz Remains Disrupted

Trump Labels Iran’s Reply to U.S. Peace Offer 'Totally Unacceptable' as Oil Surges and Strait of Hormuz Remains Disrupted

President Donald Trump on Sunday publicly rejected Iran’s counterproposal to a recently floated U.S. peace offer, calling the response "TOTALLY UNACCEPTABLE." The exchange has intensified market worries over a 10-week-old conflict and left the Strait of Hormuz largely closed, contributing to a sharp rise in oil prices and renewed fears about region…

Netanyahu Says Israel Should Eliminate U.S. Military Funding Within a Decade

Netanyahu Says Israel Should Eliminate U.S. Military Funding Within a Decade

Israeli Prime Minister Benjamin Netanyahu told CBS that he aims to reduce to zero the American financial component of military cooperation within about ten years, citing efforts to strengthen relationships with Gulf states. He noted Israel currently receives roughly $3.8 billion a year in U.S. military assistance and that Washington has committed $…

Imprisoned Nobel Laureate Narges Mohammadi Transferred to Tehran Hospital; Sentence Temporarily Suspended on Bail

Imprisoned Nobel Laureate Narges Mohammadi Transferred to Tehran Hospital; Sentence Temporarily Suspended on Bail

Narges Mohammadi, the 2023 Nobel Peace Prize winner who has been serving a prison term in Zanjan, has been moved to Tehran Pars Hospital and placed under the care of her own medical team after suffering a heart attack. Her family’s foundation said her sentence has been suspended on heavy bail, though it provided no specifics of the arrangement and …

Latvian defence minister resigns after drone explosions at oil storage site

Latvian defence minister resigns after drone explosions at oil storage site

Latvia's defence minister stepped down after two drones flew in from Russia and detonated at an oil storage facility. The move followed a demand from the prime minister citing delays in anti-drone defenses. Latvia and Lithuania have urged NATO to reinforce air defences in the region as Ukraine says the unmanned aerial vehicles were Ukrainian craft …

Berlin Questions Putin’s Proposal to Appoint Schroeder as EU-Russia Mediator

Berlin Questions Putin’s Proposal to Appoint Schroeder as EU-Russia Mediator

German authorities on May 10 rejected Russian President Vladimir Putin’s suggestion that former Chancellor Gerhard Schroeder could serve as a coordinator for talks between Moscow and the European Union on a peace settlement in Ukraine. Berlin described the proposal as lacking credibility, noting Russia has not altered its conditions and that tangib…

Israeli Strikes Kill Three in Gaza, Highlighting Fragile Ceasefire

Israeli Strikes Kill Three in Gaza, Highlighting Fragile Ceasefire

Israeli strikes on Sunday killed at least three Palestinians in Gaza, including two members of the Hamas-run police, according to health officials and Gaza’s interior ministry. The incidents underscore the tenuous nature of a U.S.-brokered ceasefire that has been punctured by almost daily attacks since it took effect, resulting in hundreds of death…

Fighting Continues as U.S.-Brokered Ceasefire Enters Effect, Ukrainian Officials Say

Fighting Continues as U.S.-Brokered Ceasefire Enters Effect, Ukrainian Officials Say

Ukrainian authorities reported a wave of Russian drone strikes and 147 clashes along the front line within a 24-hour period, even as a U.S.-brokered three-day ceasefire was declared. Multiple regions reported civilian casualties and damage to infrastructure, while Kyiv's air force said air defences intercepted 27 long-range drones overnight. The ce…

Israel Expels Two Activists Intercepted on Gaza-Bound Aid Flotilla

Israel Expels Two Activists Intercepted on Gaza-Bound Aid Flotilla

Two activists who were part of a Gaza-bound aid flotilla launched from Spain were detained in international waters and deported by Israel. One is a Spanish national suspected of links to a terrorist organisation and the other a Brazilian suspected of illegal activity; both deny the accusations and say they were conducting humanitarian work for Gaza…

One Nation Celebrates First Lower House Win, Vows Push to End Mass Migration

One Nation Celebrates First Lower House Win, Vows Push to End Mass Migration

One Nation, a right-wing populist party that has advocated policies modelled on U.S. President Donald Trump’s hardline deportation approach, captured its first seat in Australia's lower house in a by-election in the rural seat of Farrer. The win does not alter the governing majority but signals growing support for the party’s platform, which emphas…

Secret Israeli Outpost in Iraqi Desert Supported Air Campaign on Iran, Sources Say

Secret Israeli Outpost in Iraqi Desert Supported Air Campaign on Iran, Sources Say

Sources familiar with the matter say Israel established a covert military base in the Iraqi desert to aid operations against Iran. The installation reportedly hosted special forces, served as a logistical hub for the Israeli air force, and included search-and-rescue teams for downed pilots. When Iraqi troops came close to discovering the site in ea…

Strike in Saksakiyeh Kills Seven as Israel and Hezbollah Continue Exchanges

Strike in Saksakiyeh Kills Seven as Israel and Hezbollah Continue Exchanges

An Israeli strike on the southern Lebanese town of Saksakiyeh on May 9 killed at least seven people, including a child, and wounded 15, Lebanon’s health ministry said. Israel’s military said it targeted Hezbollah fighters it accused of planning attacks against Israeli soldiers and acknowledged reports of civilian harm in the struck structure. The i…