
Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100
Jul 24, 2026 04:16 am UTC| Politics Economy
U.S. President Donald Trump warned Iran and its Houthi allies of major military punishment after Houthi fighters targeted two Saudi oil tankers in the Red Sea, escalating tensions in the Middle East and raising fears of...

Trump Administration Imposes New Forced Labor Tariffs on 60 Trading Partners
Jul 24, 2026 04:14 am UTC| Politics Governance Economy
The Trump administration has imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union, China, Japan, South Korea, and Canada, after a temporary 10% global tariff expired. The...

US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point
Jul 24, 2026 03:40 am UTC| Politics Economy
The United States and Mexico will hold a fourth round of negotiations in Washington in early September as both countries continue efforts to revise the U.S.-Mexico-Canada Agreement (USMCA), despite significant...

Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns
Jul 24, 2026 03:32 am UTC| Economy
Japans Nikkei 225 dropped more than 2% on Friday, extending its recent decline as a sharp selloff in Alphabet shares reignited investor concerns about the sustainability of massive artificial intelligence spending. Weak...

Gold Price Holds Weekly Gain as Middle East Tensions and Fed Rate Outlook Drive Market
Jul 24, 2026 03:28 am UTC| Economy
Gold prices slipped slightly on Friday but remained on course for their first weekly gain in three weeks, as escalating Middle East tensions boosted demand for safe-haven assets despite growing expectations that the...

BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning
Jul 24, 2026 03:27 am UTC| Central Banks Economy
The Bank of Japan (BOJ) is expected to keep its key interest rate at 1% at next weeks policy meeting while maintaining its warning that inflation could exceed its 2% target, according to sources familiar with the central...

Canada Vows Trade Fight as Trump Imposes 50% Tariffs
Jul 24, 2026 03:12 am UTC| Economy Politics
Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...