US Federal Reserve raises rates again amid stubborn inflation and Trump pressure
The United States Federal Reserve has raised interest rates by 25 basis points to a range of 3.75% to 4.00%, in a move aimed at tackling inflation that remains above target. The Federal Open Market Committee voted unanimously on Wednesday, local time, to approve the increase. The decision is the first policy move since the central bank paused earlier this year to assess the effects of tariffs and energy-price shocks.Officials said the increase was intended to support a "timelier return" to the Fed's 2% inflation goal. The central bank's latest Summary of Economic Projections showed a majority of policymakers expect... [Continue Reading]
Sponsored
South Africa rejects planned US visa sanctions over alleged racial discrimination
South Africa has rejected a planned United States policy to restrict visas for people accused of enabling race-based discrimination against white Afrikaners. The dispute centres on claims about land seizures, alleged discrimination and accusations of incitement to violence. Pretoria said the US position was based on mischaracterisations promoted by fringe groups.South African Minister for International Relations and Cooperation Ronald Lamola said the government remained committed to dealing with the issue through its constitutional institutions, democratic processes and the rule of law. His comments came after US Secretary of State Marco Rubio announced the new policy on Tuesday. Rubio said Washington... [Continue Reading]
US accuses Russia-linked network of plotting killings of Ukraine allies overseas
The US Department of Justice has accused five men of taking part in an alleged Russian intelligence-linked plot to murder people aligned, or perceived to be aligned, with Ukraine in the United States and Europe. The announcement says the men were charged in connection with a conspiracy that involved paying, or trying to pay, people to target those individuals. All five accused remain at large, and it is not clear from the supplied material where they are located.According to the Justice Department, three of the defendants are described as high-ranking members of the Russian intelligence network. They include Yuri Khrameev,... [Continue Reading]
At least 20 killed as Gaza City building collapse leaves nearly 100 feared trapped
At least 20 people have been killed after a war-damaged apartment building collapsed in the Tal al-Hawa area of Gaza City, with rescue teams saying nearly 100 Palestinians may still be under the rubble. The six-storey building crumbled on Wednesday onto nearby homes and tents after earlier damage from Israeli attacks left it cracked and structurally unsound. Civil Defence teams said they were still searching for missing people and recovering bodies from the wreckage.Mahmoud Basal, a spokesperson for the Civil Defence agency, said rescue workers were continuing to work through the debris and that the number of people still trapped... [Continue Reading]
Sponsored
North Korea condemns new US-South Korea defence cooperation pact as a declaration of confrontation
North Korea has condemned a new defence cooperation agreement between the United States and South Korea, saying it amounts to an explicit declaration of confrontation. The criticism came on Wednesday, after the two allies agreed to expand intelligence sharing and joint military exercises. Pyongyang said the pact raises the risk of weapons of mass destruction being used on the Korean Peninsula.According to the North Korean defence ministry, the agreement also covers responses to possible attacks involving nuclear, biological and chemical weapons. The ministry said the arrangement assumes the use of such weapons against North Korea in a future crisis. The... [Continue Reading]
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]
US charges five over alleged Russian intelligence-linked assassination plots
The United States has unsealed an indictment charging five people over alleged Russian intelligence-linked surveillance, recruitment and planned killings. Prosecutors say the case involves plots targeting dissidents in the United States and Lithuania, and that all five defendants remain at large. The Justice Department said the network worked on behalf of Russian intelligence services and was involved in attacks and murders internationally.The defendants were identified as Russian national Yuri Khrameev, 63, his son Kirill Khrameev, 27, Cubans Oemis Romagoza Durruthy and Yaidel Delgado Suarez, both 35, and 22-year-old Venezuelan Angel Eduardo Castro. All five were charged with conspiring to finance... [Continue Reading]
Tokyo Opens Under Pressure as Asia-Pacific Sells Off, Nikkei Drops Nearly 3% and WTI Surges Above $105
Executive summary: Asia-Pacific markets opened weaker in Tokyo, with Japan, South Korea, Australia and Hong Kong all under pressure as higher oil prices, a firmer dollar and renewed rate anxiety weighed on risk assets. The Nikkei 225 fell -2.7%, the Kospi slumped -6.0%, and the ASX 200 lost -2.7%. WTI crude climbed +2.7% to $105.28, while USD/JPY rose +1.1% to 155.232, reinforcing the inflation and policy backdrop that is pressuring regional equities. [Continue Reading]
Sponsored
US confirms weapon deployed in Earth's orbit, raising space arms race concerns
The United States has confirmed that it has deployed a space weapon in Earth's orbit, marking the first time it has acknowledged such an offensive capability. The disclosure has prompted warnings from Russia and China that the move could accelerate an arms race in space. The development adds a new layer to an already intensifying competition over military and strategic capabilities beyond Earth.According to the supplied report, US officials did not disclose how the weapon operates. That lack of detail leaves key questions unanswered about its purpose, range and intended use. The confirmation itself is significant because it is the... [Continue Reading]
Russia threatens Warsaw with destruction if Poland joins war, amid sharp NATO rhetoric
A senior Kremlin aide has threatened that Warsaw would be destroyed if Poland entered military action against Russia, in a fresh escalation of rhetoric between Moscow and NATO states. Nikolai Patrushev, a close aide to Russian President Vladimir Putin, said Russia would use its entire arsenal of forces and means if Poland joined a conflict against Russia. He said Warsaw would "cease to exist within two or three days".The comments were made in an interview with a Russian newspaper and came after Poland's foreign minister, Radosław Sikorski, said NATO could "quite quickly" defeat Russia if Moscow attacked the alliance. Sikorski... [Continue Reading]
Police crack down on protests against constitutional change in DR Congo
Police in the Democratic Republic of the Congo fired tear gas at protesters in the capital, Kinshasa, as nationwide demonstrations against proposed constitutional changes turned tense on Tuesday. The protests were organised by the C64 opposition coalition and also took place in Lubumbashi and Uvira. Authorities had imposed restrictions, but crowds still gathered in several cities.At least 10 people were arrested during the confrontations, according to the supplied report. Mohamed Eyenga of the Envol opposition party, a senior figure in the C64 coalition, said many activists had been arrested and described the deployment of police and army personnel as unusually... [Continue Reading]
Bangsamoro election ends in hung parliament as coalition talks loom
Unofficial results from the first parliamentary election in the Bangsamoro Autonomous Region in Muslim Mindanao show that no party won a majority, leaving the region set for coalition negotiations. With more than 99% of votes counted, the two rival parties linked to the Moro Islamic Liberation Front each won more than 30% of the vote, according to the partial count cited in the supplied material. Neither side reached the 41 seats needed to control the 80-member parliament.The result marks a significant moment for the Muslim-majority region in the southern Philippines, where the vote was intended to complete a long political... [Continue Reading]
Sponsored
US confirms on-orbit space weapons as debate grows over military competition in orbit
The United States has acknowledged that it has deployed weapons in Earth orbit, in a rare public confirmation that has drawn fresh attention to the militarisation of space. US Air Force Secretary Troy Meink said the systems are "on-orbit space control weapons" intended to defend US forces against hostile action. He did not say when they were placed in orbit, how many there are, or what specific capabilities they have.Meink made the remarks at the Air, Space and Cyber Conference, where he said the United States must remain ready to meet evolving threats. He described space control as involving kinetic... [Continue Reading]
Houthis advance near Bab al-Mandeb as Qatar warns of wider shipping disruption
Qatar has warned that losing access to Bab al-Mandeb while the Strait of Hormuz remains blocked would be catastrophic, as Houthi forces consolidate gains along Yemen's Red Sea coast. In remarks in Doha, Ibrahim bin Sultan Al Hashmi, director of media and communication at Qatar's foreign ministry, said the world could not afford to add Bab al-Mandeb to the disruption already caused by the Hormuz blockade. He said blocking international waterways could not become the new normal and urged countries to work together to prevent further escalation.The warning follows reports that the Houthis seized the Greater and Lesser Hanish islands... [Continue Reading]
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]
Tokyo and Asia-Pacific Open Lower as Oil Surges Above $102 and Rate Anxiety Hits Risk Assets
Executive summary: Asia-Pacific markets opened under pressure, with Japan, South Korea, Hong Kong and Australia all lower as WTI crude jumped above $102 and the yen weakened against the dollar. The move points to a market dominated by inflation concerns, higher-rate expectations and a broad risk-off tone, while gold, silver and platinum also fell sharply. [Continue Reading]
Sponsored
Yemen government forces advance in Taiz as Houthis claim attacks on Saudi Arabia
Yemeni government-aligned forces have advanced in western Taiz after repelling a Houthi offensive, according to the supplied report. The fighting is taking place in southwestern Taiz province, where clashes have intensified as both sides seek to consolidate positions. The report says the advance followed support from air strikes targeting Houthi gatherings.The Houthis, also known as Ansar Allah, said on Monday that they launched attacks on targets in Saudi Arabia using dozens of ballistic missiles and drones. They said the strikes targeted military facilities and infrastructure, including aircraft hangars, radar installations, runways and ammunition depots at King Khalid airbase in Khamis... [Continue Reading]
Europe opens lower as Brent jumps, metals slide and rate-sensitive assets wobble
Executive summary: European markets opened under pressure, with the DAX, CAC 40, FTSE 100 and Euro Stoxx 50 all lower in early trade. The sharpest cross-asset move was in Brent crude, which surged more than 6%, while gold, silver, platinum and palladium all fell. The euro and pound also weakened against the dollar, adding to the risk-off tone. Ether and natural gas moved higher, and global autos outperformed on a relative basis. [Continue Reading]
Proposed Queensland data centre could draw a quarter of the state's power use
A proposed hyper-scale data centre in Queensland is under consideration by the Western Downs Regional Council, with developers saying it could become the largest such project proposed in Australia. The Western Downs Digital Park is planned for a 725-hectare site near Dalby, about 250 kilometres west of Brisbane. If approved and built out in full, the project would sit on land that is currently used as a feedlot and cattle paddock.The Singapore-based developer Zerra DC says the project would have a peak capacity of 2.16 gigawatts, equivalent to the electricity use of about 1.5 million average Australian households. At the... [Continue Reading]
Houthi projectile wounds two in Saudi Arabia's Jazan region
A projectile fired by Yemen's Houthi rebels struck Saudi Arabia's southern Jazan region on Saturday, wounding two people and damaging civilian property, according to Saudi Civil Defence. The strike landed in al-Tuwal governorate and damaged a mosque, several buildings and vehicles. Saudi authorities said emergency procedures were put in place after the incident.The Houthis said their attack targeted a Saudi military base in Sharurah, in the southern Najran province. Saudi Civil Defence, however, said the projectile hit civilian objects in Jazan and described that as a flagrant violation of international humanitarian law. It also said the danger had passed in... [Continue Reading]
Sponsored
North Korea fires multiple ballistic missiles toward East Sea after joint drills
South Korea said North Korea fired multiple short-range ballistic missiles from the Wonsan area toward the East Sea on Saturday, in a launch that came a day after trilateral maritime drills ended. The South Korean military said it detected the missiles at about 5:20am local time and estimated that they travelled around 250 kilometres. Officials in Seoul said they were sharing information with the United States and Japan as they assessed the launch.The Joint Chiefs of Staff said the missiles were launched from North Korea's eastern coastal area of Wonsan. It said South Korean and US intelligence authorities tracked the... [Continue Reading]
Yemen conflict deepens as Houthis seize territory near Bab al-Mandeb Strait
Fighters from the Iran-backed Houthi group have seized territory close to the Bab al-Mandeb Strait in the Red Sea, a narrow waterway that links Asia and Europe through one of the world's most important shipping corridors. The advance adds to concerns about the security of maritime traffic in the area and the wider impact on trade routes and oil exports. It also comes as fighting in Yemen continues to displace civilians and widen the conflict's regional implications.The Houthis have said they do not pose a threat to international shipping, but they have reiterated their intention to target vessels from Saudi... [Continue Reading]
Anthropic says AI models were used in state surveillance campaigns targeting dissidents
Anthropic says it has disrupted several state-sponsored surveillance operations that used its artificial intelligence models to target dissidents and minority communities. The company said the campaigns were detected and stopped between January and July, and that they originated in China, Iran and West Africa. According to the disclosure, the operations focused on diaspora communities, including Hong Kong pro-democracy activists, Tibetan and Falun Gong communities, and Iranian opponents living abroad.The company said one Iranian-linked case involved actors developing a method to identify people through their social media accounts. In another case, a contractor working for Malian national security authorities used the... [Continue Reading]
Anthropic says its AI models were misused in attempts linked to biological weapons research
Anthropic said it has disrupted several attempts to use its artificial intelligence models for research that could help develop biological weapons. The company said the cases were identified over the past eight months and were set out in a report published on Thursday. It said the misuse involved its Claude chatbot and other models, and that it acted cautiously where it could not determine whether the work was legitimate or malicious.One case in May involved a scientist seeking help with a grant application to engineer mutations to chikungunya, a mosquito-borne virus, in a way that would make it more harmful... [Continue Reading]
Sponsored
Vance brands Democrats 'party of hatred' as Trump rallies Republicans in Dallas
US Vice President JD Vance used a prime-time Republican convention speech in Dallas to attack Democrats as the "party of hatred" and urge voters to back Republicans in November's midterm elections. He spoke at the American Airlines Center before a large crowd that greeted him with chants of "JD! JD!".The speech was followed by an appearance from President Donald Trump, who praised Vance and then returned to familiar campaign themes. Vance said Democrats were running candidates who would tell children what they are allowed to say, how they are allowed to live and who they ought to hate. He added... [Continue Reading]
Israeli strikes kill family of four in northern Gaza as deaths rise across enclave
Israeli strikes in Gaza killed a family of four, including two children, in Beit Lahia and left at least five more people dead in separate attacks across the enclave, according to Palestinian hospital and civil defence sources cited in the supplied material. The latest reports also describe strikes in Jabalia in the north and in Khan Yunis in the south, widening the geographic spread of the violence. Gaza sources said some of the attacks hit near ambulances and tents sheltering displaced people.An official at Al-Shifa hospital in Gaza City said the bodies of four members of the Ahmad family were... [Continue Reading]
Greens co-founder backs senators over split on koala park carbon credits
A prominent founding figure of the Australian Greens has backed three senators who broke ranks over a native forest carbon credit plan linked to the Great Koala National Park in New South Wales. The intervention comes after the party split over whether to support the federal method used to register the project. The dispute has also drawn a sharp response from Labor, which rejected claims that the plan amounts to commodifying the environment.The issue centres on the Improved Native Forest Management method, or INFM, a federal scheme that allows state governments to earn carbon credit units by stopping planned logging... [Continue Reading]
Trump pledges $5,000 payout to every adult American if Republicans keep Congress
US President Donald Trump has promised to give $5,000 to every American adult if Republicans retain control of the House of Representatives and the Senate in November's midterm elections. The pledge has drawn immediate attention because of its scale, its election-linked condition and the lack of detail on how it would be financed. It also raises questions about whether such a payment could be carried out under US law.According to the report, federal law prohibits offering payments in exchange for votes and separately restricts promises of federally funded benefits in return for political support. The article says Trump's offer may... [Continue Reading]
Sponsored
France warns TV channel over possible return of expelled pro-Kremlin commentator
France's interior minister has warned that a television channel could face criminal proceedings if it puts expelled Russian commentator Xenia Fedorova back on air. The warning comes after the channel indicated she may appear again soon by video link. The case has become the latest flashpoint in France over media freedom, foreign influence and the enforcement of expulsion measures.Interior Minister Laurent Nunez wrote to the country's media regulator, saying Fedorova had been accused of manipulating information and public debate and of infringing the fundamental interests of the nation. He said any return to air would directly contravene the expulsion and... [Continue Reading]
UK and NATO allies intercept Russian plot to target undersea cable near Svalbard
Western officials say a joint NATO operation intercepted Russian submarines that were attempting to destroy a vital undersea cable in the Arctic near Svalbard. According to two officials cited in the supplied material, Britain, Norway and the United States were involved in the operation and stopped the submarines before the cable was damaged. The incident is being described as part of wider concern over the security of subsea infrastructure.The cable in question connects Svalbard to Norway and lies about 2,700 metres below the surface. The same material says the submarines were covert Russian GUGI undersea warfare vessels. Russia has denied... [Continue Reading]
Sponsored
UK West Bank settlement sanctions trigger Israeli diplomatic retaliation and muted US response
Israel has moved to escalate its response after the United Kingdom unveiled sanctions against Israeli settlements in the occupied West Bank. According to the supplied material, Israel said it would shut Britain's diplomatic mission to the Palestinians, expel UK military staff from a coordination base near Gaza and bar nearly a dozen British lawmakers from entering the country. The measures mark a sharp widening of a dispute that began with the British announcement on settlement trade restrictions.The UK said it acted out of what it described as a moral imperative to stop the destruction of the two-state solution. It accused... [Continue Reading]
IAEA refers Iran to UN Security Council over nuclear non-compliance after board vote
The International Atomic Energy Agency has formally referred Iran to the United Nations Security Council after its Board of Governors approved a resolution in Vienna. The move is the first such referral in 20 years and marks a fresh escalation in the dispute over Iran's nuclear programme. The resolution was backed by 23 countries, with eight abstentions, while China, Russia and Niger voted against it.The board action was tabled by the United Kingdom, France, Germany and the United States. It cites a lack of information on Iran's nuclear material, including stockpiles of highly enriched uranium, and says inspectors have been... [Continue Reading]
Is the Italian Prime Minister the Visionary Leader Europe Needs? An Analysis of Executive Decisiveness, National Security, and the Contrast in European Integration Policies
A Continent in Institutional Deadlock While the rest of Europe remains entangled in a web of bureaucratic deadlock and human rights litigation, Italian Prime Minister Giorgia Meloni has quietly established herself as a leader operating far ahead of her continental peers. For years, European leaders have debated how to handle radicalism and unchecked migration, often waiting for institutional consensus that arrives too late. Meloni, conversely, has demonstrated a willingness to prioritize state security over political correctness, offering a blueprint for a continent facing asymmetric threats. The Contrast in European Legislative Approvals The contrast between Italy’s swift, executive decisiveness and the... [Continue Reading]
The Madness of Power, From Balfour to the Edge of World War Three
A Voice in the Wilderness of War: Who Still Dares to Speak Truth While Empires March There are moments in history when the world suddenly accelerates toward disaster, moments when anyone who has studied history can feel the temperature rising even before the explosions reach their peak. The current escalation in the Middle East is one of those moments. According to the facts we now see unfolding, the United States and Israel made the unilateral decision to attack Iran without the approval of the United Nations, without a global coalition mandate, and without the support of most of the international... [Continue Reading]
Sponsored
The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare
For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]
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]





