Larry Fink says if oil prices stay high for a sustained period it will have “profound implications” for the world economy. ...
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The Maga divide over Iran – podcastThe Maga divide over Iran – podcast
Andrew Roth on why the war on Iran is unpopular with the US public and what it means for Maga insiders Andrew Roth, the Guardian’s global affairs correspondent based in Washington DC, says reporting on the US and Israeli war on Iran gives you “whiplash”. “We’re so used to going ...
Oil at $150 will trigger global recession, says boss of financial giant BlackRockOil at $150 will trigger global recession, says boss of financial giant BlackRock
Larry Fink says if oil prices stay high for a sustained period it will have “profound implications” for the world economy. ...
Meta ramps up AI adoption pushMeta ramps up AI adoption push
Meta appointed its chief technology officer to oversee efforts to drive AI adoption across its workforce, The Wall Street Journal reported, as the company looks to remove organizational layers and speed up work. CEO Mark Zuckerberg is also building a personalized AI agent to help him do his job. Use ...
Jet fuel price spike means higher airfaresJet fuel price spike means higher airfares
A spike in jet fuel prices stemming from the Iran war is passing through to consumers, resulting in more expensive airfares for summer travel, analysts said. The CEO of United Airlines, the world’s largest by capacity, warned Tuesday that ticket prices may increase by 20%. Global airlines are making contingency ...
Volkswagen inks Iron Dome deal in defense pivotVolkswagen inks Iron Dome deal in defense pivot
Volkswagen is pivoting from cars to military tech at one of its factories, a reflection of the challenges facing Germany’s auto sector. The company plans to use an embattled German car plant to manufacture components for Israel’s Iron Dome missile defense system, the Financial Times reported. It’s the highest-profile example ...
Iran allows China ship to transit Strait of HormuzIran allows China ship to transit Strait of Hormuz
The first Chinese-owned cargo vessel successfully passed through the Strait of Hormuz since Iran began letting a select number of ships navigate the waterway, Caixin reported. In the last three weeks, Tehran has let some non-Western ships pass through a “safe” corridor in the strait that bypasses traditional shipping lanes, ...
NASA aims to build $20B lunar baseNASA aims to build $20B lunar base
NASA is abandoning efforts to build a space station orbiting the Moon, and will instead put $20 billion toward a lunar base, officials announced Tuesday. The ambitious plan calls for dozens of launches in the next decade, with crews eventually exploring the lunar south pole. “The goal is not flags ...
Middle East crisis live: Trump claims Iran has agreed ‘never’ to have a nuclear weapon as he reportedly approves sending more troops to regionMiddle East crisis live: Trump claims Iran has agreed ‘never’ to have a nuclear weapon as he reportedly approves sending more troops to region
President makes latest claim in White House press briefing as Sky News and NBC News report pending deployment of more than 1,000 soldiers to Middle East JD Vance role touted as Pakistan attempts to broker US-Iran peace talks In Australia, the number of petrol stations running out of fuel continues ...
UK offers to host international summit on reopening strait of HormuzUK offers to host international summit on reopening strait of Hormuz
Defence chiefs have been discussing how to unblock the conduit for about a fifth of the world’s oil supplies The UK has offered to host an international security summit to draw up a “viable, collective plan” to reopen the strait of Hormuz as economic fallout from the Iran conflict continues. ...