Houthi militants attacked a cargo ship in the Red Sea, killing six, the first deadly strike in the Bab el-Mandeb strait in a year. The Iran-backed group announced a blockade of the waterway last month, a fresh challenge for oil shippers with the Strait of Hormuz restricted by Iran. Just ...
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Kyiv stops strikes on Russian port after request from JD VanceKyiv stops strikes on Russian port after request from JD Vance
Ukraine reportedly halted attacks on a Russian port after a request from US Vice President JD Vance. Kyiv’s repeated strikes on tankers in Novorossiysk had alarmed Washington, which feared they would further destabilize already strained oil markets and hurt US oil majors, the Financial Times reported. The port is a ...
Deutsche becomes first non-Chinese bank to settle yuanDeutsche becomes first non-Chinese bank to settle yuan
Deutsche Bank has become the first non-Chinese bank allowed to settle yuan transactions in Europe, a major step in Beijing’s ambitions to dislodge the supremacy of the US dollar. China has made increasing the use of the yuan in international transactions a key priority of its latest five-year plan, including ...
Global youth unemployment rose last yearGlobal youth unemployment rose last year
Global youth unemployment increased in 2025, new data showed, as weaker economic growth and geopolitical tensions slowed hiring, with experts fearing AI could make it even harder for young people to find work. The UN’s International Labour Organization warned of a widespread decline in entry-level jobs feeding Gen Z’s generalized ...
Saudi education reforms commended by Israeli textbook watchdogSaudi education reforms commended by Israeli textbook watchdog
The News Saudi Arabia has addressed most of the “problematic themes” in its school curriculum that were seen as intolerant of Christians and Jews, according to a review of 136 schoolbooks by an Israeli think tank that has been monitoring the kingdom’s textbooks for more than 20 years. Gone is ...
Inside Trump’s college sports lobbying pushInside Trump’s college sports lobbying push
The News President Donald Trump has a new legislative obsession: College sports. The president is getting closely involved in efforts to pass the Senate’s bipartisan college sports bill. He’s spent the last week whipping senators to support it and even enlisted former Alabama football coach Nick Saban to dial up ...
VoteVets goes after Sullivan for Iran votesVoteVets goes after Sullivan for Iran votes
VoteVets Action Fund is going into Alaska, launching a $225,000 ad buy against Sen. Dan Sullivan for his votes against reining in President Donald Trump’s Iran war powers, according to details first shared with Semafor. It’s the start of what’s expected to be a larger VoteVets campaign against Sullivan, who ...
More OpenAI executives exitMore OpenAI executives exit
Longtime OpenAI executive Brad Lightcap announced his exit Tuesday, continuing a months-long leadership exodus from the company ahead of its planned IPO. OpenAI’s head of ethics also recently left, following the head of safety systems and the former mission alignment chief. The departures come as OpenAI battles a perception that ...
Iran holds firm on war demands, dampening hopes of Hormuz dealIran holds firm on war demands, dampening hopes of Hormuz deal
Iran doubled down on its demands for reopening the Strait of Hormuz on Tuesday, insisting that the US and its allies unfreeze its assets and end hostilities across the region. Tehran’s statement dampened hopes that a deal with Oman could provide a route for commercial shipping sooner than the US ...
India’s IT sector downsizes amid AI disruptionIndia’s IT sector downsizes amid AI disruption
India’s world-leading IT sector is downsizing, facing mass disruption by AI. Several large employers have slashed headcount by as much as 6% this year, the Financial Times reported: “The tool that we gave our sweat, blood and bones to — it threw us out,” said one IT worker. The industry ...