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Joe Biden to attend G7, NATO summits this month

Jun 09, 2022 08:54 am UTC| Politics

The White House said Wednesday that President Joe Biden is expected to attend the upcoming annual G7 and NATO summits later this month. Biden will first attend the G7 Summit in Germany and then the NATO summit in...

Global Geopolitics Series

Ukraine: international pressure needs to be on Moscow, not Kyiv

Jun 09, 2022 08:44 am UTC| Politics

Having crossed the 100-day mark, the war in Ukraine is having an ever more obvious, and negative, impact on a wide range of issues. From a global food crisis that could last for years to serious problems with the cost of...

Iran dismantles IAEA monitoring cameras over censure by nuclear watchdog

Jun 09, 2022 08:16 am UTC| Politics

Iran and the West are close to coming to an agreement that would restore the 2015 nuclear deal after months of negotiations. Tehran this week decided to dismantle monitoring cameras put in place by the UNs nuclear watchdog...

US calls for 'independent' investigation of Shireen Abu Akleh death

Jun 09, 2022 06:58 am UTC| Politics

In one of the latest incidents that flared up tensions between Israel and Palestine, Palestinian-American journalist Shireen Abu Akleh was murdered last month. US Secretary of State Antony Blinken said an independent...

Russia-Ukraine conflict: Zelenskyy says Ukraine will fight to recover all territory

Jun 08, 2022 10:16 am UTC| Politics

As the war in Ukraine moves towards its fourth month, Russian forces launched their offensives at the eastern territory of Ukraine. Ukrainian President Volodymyr Zelenskyy said his country would fight to recover its entire...

Russia-Ukraine conflict: US granted authority to seize planes belonging to Roman Abramovich

Jun 08, 2022 09:55 am UTC| Politics

The sanctions the West and other countries imposed upon Russia also targeted Moscows oligarchs with ties to Vladimir Putin. The US was recently granted the authority to seize two planes belonging to Russian oligarch Roman...

South China Sea conflict: Beijing criticizes presence of Australian military planes over waters

Jun 08, 2022 09:27 am UTC| Politics

Tensions remain over the widely contested South China Sea, with China attempting to assert control over the majority of the waters. Beijing recently criticized the presence of Australian military planes over the waters it...

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Economy

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears

Federal Reserve Bank of Cleveland President Beth Hammack said Friday that the recent surge in U.S. government bond yields appears to be driven primarily by higher real interest rates rather than growing concerns about...

Dollar Holds Near Two-Month High as Yen Approaches 160

The U.S. dollar remained near a two-month high on Friday, supported by rising Treasury yields and expectations of additional Federal Reserve rate hikes, while the Japanese yen hovered near the closely watched...

Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets

Gold prices were largely unchanged on Friday but remained headed for a weekly loss of more than 3% as rising U.S. Treasury yields and elevated energy prices strengthened expectations that the Federal Reserve could raise...

Politics

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

Pope Leo Warns UN, Multilateral Groups Face Crisis

Pope Leo warned Friday that the United Nations and other multilateral institutions are facing a serious crisis of effectiveness, arguing that international dialogue risks becoming a charade as governments increasingly...

Pope Leo Backs Press Freedom After White House Media Ban

Pope Leo reaffirmed his support for freedom of the press on Friday when asked about U.S. President Donald Trumps decision to bar CNN and several other news organizations from the White House. Speaking with journalists...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...

SpaceXAI to Double Nvidia Chips at Colossus 2 by Year-End

Elon Musk said SpaceXAI plans to nearly double the number of advanced Nvidia AI chips operating at its Colossus 2 data center by the end of 2026, significantly expanding the computing power behind its artificial...
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