Noontime News Recap: Bolivia cuts diesel subsidies as IMF deal passes, while Russia, Israel and Turkiye move
Bolivia has ratified a $1.9 billion IMF loan agreement and President Rodrigo Paz has moved to end diesel subsidies immediately, a sharp policy shift that has already triggered protest threats from opponents of the move. đź”—In Russia, officials said the parliamentary election was hit by a hacker intrusion, with Moscow's online voting system coming under a strong overnight attack as the vote continued. đź”—The Trump administration is seeking approval for a $2.8 billion bomb transfer to Israel, according to reports cited in the supplied material, underscoring continued US military backing for the country. đź”—Turkiye has revoked the Istanbul operating licence... [Continue Reading]
360LiveNews Recap | 19 Sep 2026 12:20 LONDON
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Trump administration seeks approval for $2.8 billion bomb transfer to Israel
The Trump administration is seeking to move ahead with a major arms package for Israel worth $2.8 billion, according to reports cited in the supplied material. The proposed transfer would include 40,000 heavy bombs, making it one of the largest such deliveries discussed between the two countries. The plan has not been announced publicly, but it has already drawn attention because of the scale of the munitions involved and the timing of the request.The package is said to include 20,000 Mark 84 bombs and 20,000 BLU-117 bombs. Both are described as weighing about one short ton, or roughly 907 kilograms,... [Continue Reading]
360LiveNews | 19 Sep 2026 09:29 LONDON
Bolivia ratifies $1.9bn IMF deal and ends diesel subsidies amid protest threats
Just hours after Bolivia's Congress ratified a $1.9 billion loan agreement with the International Monetary Fund, President Rodrigo Paz announced an immediate end to diesel subsidies. The move affects fuel used by trucks, buses and tractors, and is part of the government's effort to stabilise an economy under strain. Gasoline subsidies for private cars will remain in place for now, although Paz has already reduced that support in recent months.The Senate's approval on Friday completed the final legislative step for the three-year financing programme, after the lower house backed it a day earlier. The IMF first announced a staff-level agreement... [Continue Reading]
360LiveNews | 19 Sep 2026 08:29 LONDON
Day News Recap: Middle East tensions deepen as Pakistan attack, Russia-Ukraine strikes and market swings grip day
At least 16 people were killed when a vehicle packed with explosives rammed into a mosque near police headquarters in Kohat district in northwest Pakistan, in an attack that was still unfolding as reports emerged. đź”—In the Middle East, Iran said its Revolutionary Guards struck and detained the Togo flagged tanker Trend in the Strait of Hormuz, while the UK maritime agency reported a separate ship fire, and Saudi Arabia has been rerouting crude through Oman as shipping disruption in the waterway continues. đź”— đź”—The wider regional security picture also sharpened, with the United States approving a $24.3 billion sale... [Continue Reading]
360LiveNews Recap | 18 Sep 2026 18:26 LONDON
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Noontime News Recap: Russia election opens under pressure as Middle East tensions and Ukraine strikes escalate
Russia has opened a three day parliamentary election for the State Duma, with voting starting in the far east and expected to deliver another victory for President Vladimir Putin, even as a report says the Kremlin has intensified a pre election crackdown. đź”— đź”—Ukraine said a morning Russian drone attack injured five people, including three children, in the Kyiv region near the capital, while separate strikes hit Zaporizhzhia and Dnipro. Poland also warned that Russia may try to carry out drone and rocket attacks against NATO states backing Ukraine, and said its airspace remains restricted. đź”— đź”—In the Middle East,... [Continue Reading]
360LiveNews Recap | 18 Sep 2026 12:24 LONDON
US approves $24.3 billion sale of 48 F-35 warplanes to Saudi Arabia amid congressional review
The United States has approved a $24.3 billion sale of 48 F-35 stealth warplanes to Saudi Arabia, according to the State Department. The decision marks a major arms transaction for the Gulf kingdom and comes as Washington deepens security cooperation with Riyadh. The proposed transfer still requires approval from US lawmakers before it can proceed.The State Department said the sale would improve Saudi Arabia's ability to deter current and future threats by strengthening homeland defence and interoperability with US forces. It also said the aircraft would expand the kingdom's operational fleet and improve air-to-air and air-to-ground self-defence capability. The Saudi... [Continue Reading]
360LiveNews | 18 Sep 2026 09:59 LONDON
Breakfast News Recap: Russia strikes Kyiv and Odesa as US pressure builds on Moscow and markets turn lower
Russian airstrikes hit Kyiv and Odesa overnight, with officials reporting explosions in the capital and the Black Sea port city as Ukraine faced another wave of attacks. At the same time, Ukrainian and US diplomatic teams were working to arrange a meeting between Volodymyr Zelenskyy and Donald Trump at the UN, even as fresh strikes underscored the urgency. đź”— đź”—In Washington, the House of Representatives passed a sweeping sanctions and tariff bill aimed at increasing economic pressure on Russia, while Donald Trump also renewed his own pressure on interest rates, saying they should be 1% or less. Separately, the Federal... [Continue Reading]
360LiveNews Recap | 17 Sep 2026 08:41 LONDON
US House holds Leon Black in contempt over Epstein subpoenas
The US House of Representatives has held billionaire investor Leon Black in contempt of Congress after he defied subpoenas linked to its investigation into Jeffrey Epstein. The resolution was adopted by unanimous consent on Wednesday, without a recorded vote, after the House Oversight Committee had unanimously recommended the action a day earlier. The matter will now be referred to the Justice Department, which will decide whether to pursue criminal charges.Committee chairman Jamie Comer said in a statement that "no one is above the law" and said lawmakers had acted swiftly after Black defied two subpoenas. According to the committee, Black... [Continue Reading]
360LiveNews | 17 Sep 2026 00:00 LONDON
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Trump administration set to approve 60,000 heavy bombs for Israel amid Gaza war
The Trump administration is reported to be preparing a multibillion-dollar weapons sale to Israel that would include 60,000 2,000-pound bombs, according to the supplied material. The package is said to have been informally notified to Congress, but it has not yet been officially confirmed by the administration. The reported transfer comes as the Gaza war and wider regional conflict continue to shape US-Israel relations.The supplied rows say the package would be worth $2.8 billion and would be funded largely through the US Foreign Military Financing scheme. They also say the munitions list includes 20,000 MK-84s, 20,000 BLU-117s and 20,000 I-2000... [Continue Reading]
360LiveNews | 16 Sep 2026 13:29 LONDON
US war with Iran costs more than $38 billion as munitions shortfalls deepen, CBO says
The US war with Iran has cost more than $38 billion by the beginning of August, according to a new estimate from the Congressional Budget Office. The figure covers spending by the Department of Defense from 28 February to 1 August, a little more than five months into the conflict. The CBO said the estimate was based on government databases and public reporting because the Pentagon did not provide information for the assessment.The report said the largest single cost was $21.7 billion for replacing munitions. It also warned that the US has probably used between half and two-thirds of its... [Continue Reading]
360LiveNews | 16 Sep 2026 10:32 LONDON
Seoul court orders North Korea to pay damages over Kaesong liaison office demolition
A court in Seoul has ordered North Korea to pay 44.6 billion won in damages over the 2020 demolition of the inter-Korean liaison office in Kaesong. The ruling is the first in a South Korean lawsuit brought over the destruction of the building, which once served as a communication channel between the two Koreas. South Korean media reported that the court also ordered Pyongyang to cover litigation costs.The Seoul Central District Court ruled in favour of the South Korean government and awarded the full amount sought in the case. Seoul had filed the lawsuit in June 2023, saying the claim... [Continue Reading]
360LiveNews | 16 Sep 2026 05:29 LONDON
Carney says Canada will pursue unique security and economic alliance with EU amid US trade spat
Prime Minister Mark Carney has said Canada will pursue a "unique security and economic alliance" with Europe as Ottawa seeks to reduce its dependence on the United States. Speaking at the Canada Investment Summit in Toronto, he cast Canada as a "safe harbour" for foreign capital and said the country was positioning itself for what he called a new global economic order. The remarks add a sharper geopolitical edge to the government's wider effort to attract investment and diversify trade ties.Carney told investors, company executives and government ministers that Canada had recognised the rupture in its relationship with the US... [Continue Reading]
360LiveNews | 15 Sep 2026 21:06 LONDON
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Venezuela to join G20 energy meetings in Houston amid oil-price shock
A Venezuelan delegation is due to take part in G20 energy talks in Houston this week, as global oil and gas markets remain under pressure from war-related disruption in the Middle East. The meetings are being held in Texas, a major centre of the US energy industry, and are scheduled to continue through Wednesday. US officials said the gathering will include representatives of G20 countries as well as Venezuela.Interior Secretary Doug Burgum said the talks reflect a shift in the global energy balance and the growing importance of supply outside the Middle East. He said the aim was to move... [Continue Reading]
360LiveNews | 15 Sep 2026 04:00 LONDON
EU ministers meet in Dublin Castle for cohesion funding talks
Ireland's EU Presidency is hosting ministers and senior officials from across the European Union in Dublin Castle on Tuesday for talks on cohesion funding. Minister for Public Expenditure Jack Chambers said the policy remains one of the bloc's most effective expressions of solidarity. The meeting is set to focus on how cohesion policy can support competitiveness while reducing regional disparities.Cohesion funding is designed to narrow economic, social and territorial gaps between member states and regions. According to the supplied material, it accounts for more than one third of the current EU budget, amounting to €392 billion. It is also described... [Continue Reading]
360LiveNews | 15 Sep 2026 00:29 LONDON
US-China AI tensions intensify after calls to slow frontier models
A new dispute over artificial intelligence has sharpened tensions between the United States and China after Anthropic chief executive Dario Amodei called for the development of the most powerful AI systems to be slowed. He also urged Washington to keep restrictions on advanced chips and chipmaking equipment going to China. Beijing responded by accusing the United States of using AI safety as a pretext to preserve technological dominance.Amodei made the case in an essay published over the weekend, warning that AI capabilities are advancing rapidly and that governments and researchers need more time to manage the risks. He said that... [Continue Reading]
360LiveNews | 14 Sep 2026 16:07 LONDON
Dangote refinery IPO set to become Africa's biggest-ever listing
Aliko Dangote's Nigerian oil refinery business is set to go public on the Nigerian exchange in a flotation that could become Africa's biggest-ever initial public offering. The listing of Dangote Petroleum Refinery and Petrochemicals is scheduled for Monday, with share purchases open until 13 October. If the offer is fully subscribed, it could add about $23bn to Dangote's net worth.The public offering is being marketed as an IPO for ordinary investors as well as institutions, with a minimum subscription of 10 shares costing 5,250 naira. The company has also been promoted through banking platforms and fintech ventures, with a particular... [Continue Reading]
360LiveNews | 14 Sep 2026 14:03 LONDON
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UK peers to debate donation law changes after Reform UK's ÂŁ72m windfall
The House of Lords is due to debate changes to political donation rules later on Monday after Reform UK received ÂŁ72m from two billionaire donors within 24 hours. The proposed bill would introduce a ÂŁ100,000 cap on donations from British voters living abroad, and the government wants the change to apply retrospectively from 25 March. The debate comes amid growing pressure across parties over the scale of political funding in the UK.The donations were made by Ben Delo and Christopher Harborne, both British and both of whom have spent time living overseas. The bill under discussion follows a review by... [Continue Reading]
360LiveNews | 14 Sep 2026 05:36 LONDON
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict
Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]
360LiveNews-Opinion | 28 Jun 2026 09:20 LONDON
The Ghosn Paradox The Imperial Savior, His Cinematic Escape, and the Desperate Call to Salvage a Crumbling Nissan
The Man Who Defied Corporate Gravity Few corporate sagas in modern history possess the cinematic drama, geopolitical friction, and sheer psychological tension as the rise and fall of Carlos Ghosn. Once lauded as the ultimate transnational executive, a multi-lingual titan capable of bridging disparate business cultures, Ghosn became the absolute center of a global firestorm. His story cuts through the pristine facade of global corporate governance to reveal a messy underbelly of nationalism, legal vulnerability, and strategic failure. Rebuilding an Empire from the Ashes of Bankruptcy The mythos of Carlos Ghosn began in 1999. Nissan, one of Japan's proudest manufacturing... [Continue Reading]
360LiveNews-Opinion | 27 Jun 2026 08:19 LONDON
Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative
“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]
360LiveNews-Opinion | 23 May 2026 08:00 LONDON
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The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance
As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]
360LiveNews-Opinion | 29 Apr 2026 21:40 LONDON
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]
360LiveNews-Opinion | 18 Feb 2026 17:11 LONDON
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