Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Politics

Wed, Mar 25, 2026 02:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

UK: 56,000 migrants expected to arrive on small boats this year

Apr 20, 2023 22:49 pm UTC| Politics

Court filings show that the United Kingdom is expected to see as many as 56,000 migrants arriving in the country on small boats as the government looks to reduce migrant crossings. The numbers meant that the British...

UK publishes list of PM Sunak, ministers' interests

Apr 20, 2023 22:38 pm UTC| Politics

The British government released an updated list of the interests of other ministers, including Prime Minister Rishi Sunak. The release comes at a time when Sunak is under investigation by the parliaments standards watchdog...

Russia-Ukraine war: Romania to monitor, limit imports of Ukrainian grain

Apr 20, 2023 22:25 pm UTC| Politics

Romania is set to monitor Ukrainian grain that would be transiting through the country, stopping short of imposing a temporary ban on imports. The move comes amidst concerns of their own interests from a surge of more...

US: Suspect in classified documents leak to remain detained

Apr 20, 2023 10:01 am UTC| Politics

The US Air National Guardsman who is suspected of leaking classified intelligence documents online will remain detained. This follows the governments request to a federal judge that the suspect remains detained pending...

Myanmar: Supreme Court to hear appeal of ousted leader Aung San Suu Kyi

Apr 20, 2023 10:00 am UTC| Politics

The Myanmar Supreme Court will hear the appeal of ousted leader Aung San Suu Kyi, who was overthrown by the countrys generals when they seized power in a coup in February 2021. Suu Kyi is seeking to appeal the junta-backed...

US looking forward to Sweden's accession to NATO by July summit, says Pentagon chief

Apr 20, 2023 10:00 am UTC| Politics

US Defense Secretary Lloyd Austin said Washington is looking forward to Sweden becoming a member of the NATO alliance by the summit in July. Austin added that the US would further encourage Turkey and Hungary to ratify...

North Korea: Kim Jong-un says launch of first spy satellite to go as planned

Apr 20, 2023 07:16 am UTC| Politics

North Korean leader Kim Jong-un has ordered the nations launch of its first-ever spy satellite to proceed as planned. The launch comes amidst regional tensions as Pyongyang seeks to counter the United States and South...

1311 1312 1313 1314 1315 1316 1317 1318 1319 1320

Economy

Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets

U.S. stocks closed lower Tuesday in a volatile session as conflicting reports about potential U.S.-Iran peace negotiations left investors on edge. The SP 500 dropped 0.3% to 5,559.62, the Dow Jones fell 0.2% to 46,123.72,...

Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns

Several Bank of Japan (BOJ) board members have expressed support for continuing to raise interest rates, though without committing to a fixed timeline, according to minutes from the central banks January policy meeting...

Gold Prices Surge on U.S.-Iran Ceasefire Reports

Gold prices surged sharply on Tuesday after unconfirmed reports emerged suggesting a potential one-month ceasefire between the United States and Iran. After Wall Streets closing bell, Israeli Channel 12 reported that U.S....

UK Consumer Confidence Weakens Amid Middle East Conflict and Rising Living Costs

British consumer sentiment has dipped slightly compared to three months ago, driven by growing anxiety over grocery and energy prices linked to the ongoing conflict in the Middle East. These findings come from a quarterly...

U.S. Oil Prices Slide as Middle East Ceasefire Talks Spark Market Optimism

U.S. crude oil futures tumbled nearly 4% in early Wednesday trading after reports emerged that Washington had presented Tehran with a 15-point proposal aimed at ending the ongoing conflict in the Middle East. The prospect...

Politics

Denmark Election 2025: Social Democrats Suffer Historic Losses Amid Migration and Cost-of-Living Tensions

Danish Prime Minister Mette Frederiksens Social Democrats faced their worst electoral performance in more than a century following Tuesdays national vote, with the party projected to win only 38 parliamentary seats a...

Trump Votes by Mail Despite Calling It "Cheating" as Democrat Wins Mar-a-Lago District

Despite repeatedly claiming that mail-in voting is equivalent to fraud, former President Donald Trump cast his vote by mail in a recent Florida special election a fact confirmed through Palm Beach County public records....

US-Iran Ceasefire Talks Underway: What You Need to Know

Diplomatic channels are actively working to broker a one-month ceasefire agreement between the United States and Iran, according to a report from Israels Channel 12 aired on Tuesday. The development marks a potentially...

Trump Says Iran Offered Major Energy Concession Amid Ongoing Negotiations

President Donald Trump revealed on Tuesday that Iran had delivered what he called a major concession to the United States, hinting it was connected to energy and oil transit in the Middle East. Speaking from the Oval...

Trump Backs Down on Iran Strikes After Gulf Allies Sound the Alarm

Donald Trumps decision to pause military strikes against Iran came after urgent warnings from Gulf Arab states and a serious miscalculation of Tehrans willingness to escalate, according to regional sources and geopolitical...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...

Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield

Tech-forward defense companies Anduril Industries and Palantir Technologies are reportedly joining forces to develop critical software for the United States most ambitious missile defense initiative to date the Golden...

Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets

Nintendo has announced plans to scale back production of its Switch 2 console following disappointing holiday season sales, particularly in the United States. According to a Bloomberg report, the Japanese gaming giant will...

Elon Musk Announces Terafab: SpaceX and Tesla to Build Dual AI Chip Factories in Austin, Texas

Elon Musk revealed plans for a massive dual-chip manufacturing complex called Terafab in Austin, Texas, set to be jointly developed by SpaceX and Tesla. The announcement marks a significant step in Musks broader strategy...