Crude Oil

Oil Prices Rebound After Plunge, Buoyed by U.S. Strategic Petroleum Reserve Plan Amid Middle East Uncertainty

Oil prices saw a moderate uptick on Tuesday following a dramatic drop on Monday, with Brent crude futures increasing by 0.6% to $71.86 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by 0.7% to $67.83. The bounce was...
Japanese Yen

Yen Stumbles as Japanese Political Landscape Shifts; Dollar Holds Steady Amid Economic Anticipation in U.S.

The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
Chinese national flag waves on a Chinese People's Liberation Army warship as it conducts joint military drills surrounding the island of Taiwan

China Condemns U.S.-Taiwan Arms Deal, Vows Countermeasures in Taiwan Strait

The Chinese government has issued a stark warning following the United States' recent approval of a $2 billion arms package to Taiwan. Beijing, expressing its firm opposition, has pledged to implement “countermeasures” to defend its sovereignty and territorial claims over...
Microsoft

Microsoft Eyes Bitcoin Investment Amid Board Opposition, Conservative Backing

The corporate investment landscape, Microsoft, valued at over $3 trillion, has been thrust into discussions about potentially investing in bitcoin. According to a new filing with the U.S. Securities and Exchange Commission (SEC), the technology giant will be evaluating a...
Liao Min, Chinese Deputy Director of Central Commission's Office for Financial and Economic affairs.

China Expresses Concerns Over U.S. Tariffs and Russia-Related Sanctions in High-Level Economic Meeting

During a recent high-stakes meeting in Washington, D.C., China raised serious concerns regarding U.S. tariffs and sanctions linked to Russia, warning that these measures could intensify economic frictions between the world’s two largest economies. China’s Vice Minister of Finance, Liao...
Chinese and Taiwanese flags

U.S. Approves $2 Billion Arms Sale to Taiwan Following Chinese Military Drills

Taiwan’s defense capabilities amidst increasing pressure from China, the United States has approved a $2 billion arms package for Taiwan, the Pentagon announced on Friday. The deal, which includes advanced air defense missile systems battle-tested in Ukraine, underscores the deepening...
North Korea Mobilizes Citizens

North Korea’s Military Power: Inside One of the World’s Largest and Most Secretive Armed Forces

North Korea’s military is under increased scrutiny following allegations from the United States, South Korea, and Ukraine that Pyongyang may have dispatched thousands of soldiers to Russia, potentially to bolster Russia’s military effort in the ongoing Ukraine war. This marks...
U.S. Navy

U.S. Navy Moves to Equip Warships with Patriot Interceptors Amid Rising Chinese Hypersonic Threats In Pacific

In response to escalating security concerns over China’s expanding missile capabilities, particularly in the domain of advanced hypersonic weapons, the U.S. Navy is taking decisive steps to integrate Patriot interceptor missiles on its warships. This strategic enhancement, reported by The...
Social Media

Social Media Giants Face Lawsuits Over Alleged Role in Youth Mental Health Crisis

Meta Platforms Inc., Google, TikTok, and Snap Inc. are facing mounting legal challenges from U.S. school districts, accusing the tech giants of contributing to a youth mental health crisis through the addictive design of their apps. The ruling by U.S....
us dollar

U.S. Faces Growing Economic Woes as Interest Payments Surpass Defense Spending

In Greek mythology, the Trojan princess Cassandra stood as an infamous figure whose prophetic powers were both a blessing and a curse. Gifted by Apollo with the ability to foresee future events, she warned her fellow Trojans that the wooden...
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