US Navy Secretary John Phelan Leaves Post Immediately
US Navy Secretary John Phelan has left his position effective immediately, the Pentagon announced on Wednesday.The departure was confirmed by Pentagon spokesman Sean Parnell via social media.Navy Undersecretary Hung Cao has been appointed as acting secretary following Phelan's exit.Phelan's departure marks the latest in a series of high-level military leadership changes within the Pentagon.His exit comes amid ongoing tensions related to the US-Israel conflict with Iran and the continued US naval blockade of the Strait of Hormuz.No official reason was provided for Phelan's immediate departure.The Pentagon expressed gratitude for his service to the Department of the Navy and wished him... [Continue Reading]
360LiveNews | 23 Apr 2026 01:30 LONDON
China's manufacturing sector struggles amid Iran war impact
Chinese manufacturing workers in Foshan, Guangdong province, are facing increasing hardship as the ongoing US-Israel war with Iran disrupts factory orders and employment opportunities.Workers report desperation and low wages amid a shifting economic landscape.The conflict in the Middle East has begun to affect China's manufacturing sector by putting pressure on factory orders, costs, and jobs.This comes after China had shown resilience despite previous economic challenges, including tariffs imposed by the United States.Workers in southern China describe their situation as bleak, with many earning just 18 to 20 yuan an hour for temporary factory jobs assembling plastic parts or mobile phones.Many... [Continue Reading]
360LiveNews | 22 Apr 2026 23:01 LONDON
Suspicion of Insider Trading Linked to President Trump's Market Announcements
Analysis of trading data during US President Donald Trump's second term reveals unusual spikes in market activity just before his major public announcements.These patterns have raised suspicions of possible illegal insider trading, particularly in oil futures markets.The BBC examined trade volumes across several financial markets and found consistent surges in bets placed hours or even minutes before Trump's statements were made public via social media or media interviews.Some analysts suggest these trades indicate access to non-public information.Significant movements were noted in oil futures trading amid the US-Israel conflict with Iran.For example, nine days into the conflict, Trump told CBS News... [Continue Reading]
360LiveNews | 20 Apr 2026 00:30 LONDON
