Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxietyThe new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation an…
Read MoreAbbas Araghchi says country is unbowed but president Masoud Pezeshkian admits its people face ‘many problems’Iran’s foreign minister has dismissed the threat of a fresh round of US economic sanctions as a “desperate” ploy, even as its president acknowl…
Read MorePresident at rally in South Carolina makes comments on key strategic waterway and jokes about bombing IranDonald Trump called the strait of Hormuz “an American territory” on Friday, as the US continues its military blockade of Iran’s shipping and ports…
Read MoreState sought to stop system off coast of Santa Barbara from resuming operations after Trump ordered its reopening A controversial oil pipeline can continue to operate off the California coast after a judge gave it the green light this week, despite the…
Read MoreUSS George Washington will replace warship families say suffers from shortages, plumbing problems and low moraleThe USS George Washington aircraft carrier has arrived in the Middle East, where it is expected to relieve the USS Abraham Lincoln from its …
Read MoreUS president pivots towards ‘crushing’ economic operation against Iran and its trading partners as military strikes fail to bring Tehran to the tableDonald Trump has announced a new campaign to isolate Iran’s economy, threatening “tremendous economic c…
Read MoreYields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond marketThe US treasury is doubling its buyback of government debt in an effort to balance out the bond market and counterbalance investor conc…
Read MoreAccelerating prices in July add to pressure on households, with chancellor saying ‘there is more to do to restore hope’Business live – latest updatesUK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed co…
Read MoreBrent crude rises above $90 a barrel for the first time since 30 July after US president tells Tehran to surrenderBusiness live – latest updatesOil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Ira…
Read MoreUSS Benfold lost power after ‘engineering casualty’ leaving sailors without galley services, toilets and air conditioningA US guided-missile destroyer reportedly spent four days adrift and without power in the South China Sea in July, furthering concer…
Read MorePresident issues threat to ‘bomb the shit out of them’ after previously threatening Gulf ally in MayDonald Trump has again threatened to bomb Oman if it “gets in the way” of his effort to end the US-Israel war on Iran.“If Oman gets in the way, we’ll bo…
Read MoreUS president makes threat in comments to Fox News, as his son-in-law meets the Israeli leader in Jerusalem in effort to push Gaza peace planTrump threatens to bomb Oman if it ‘gets in the way’ of ending Iran warNetanyahu and Kushner talks make no break…
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