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14:30
Protesters are taking to the streets across multiple countries to denounce skyrocketing fuel prices and widespread power cuts linked to the war in Iran.[2][8] The unrest highlights mounting social and economic pressure as the conflict drives up global energy costs and strains already fragile power grids.[2]
Developing
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12:30
The US Federal Reserve has raised its benchmark interest rate range to 3.75%-4%, its first hike since 2023, even as President Donald Trump publicly opposed tighter monetary policy.[1][9] The decision underscores the Fed’s focus on persistent above-target inflation and its independence from the White House.[1][9]
Breaking
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10:01
The US Federal Reserve has raised its benchmark interest rate for the first time in over three years, marking a major shift in global financial conditions.[4][5][15] The move, aimed at tackling resurgent inflation, will ripple through world markets, borrowing costs and emerging economies.[4][5][15]
Breaking
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00:30
Government borrowing costs jumped to their highest levels since the 2008 financial crisis, with the 10-year U.S. Treasury yield rising above 5%. The move is rattling stocks and raising pressure on highly indebted borrowers worldwide.
Breaking
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AS-1013
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Global
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06:00
Saudi Arabia has shut down a major oil pipeline, further limiting global oil flows at a time of already tight supply and elevated prices.[6] The move is raising concerns about energy security and inflation pressures worldwide as markets react to the disruption.[6]
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22:45
Global oil prices have jumped above $100 a barrel for the first time since July as hostilities between the United States and Iran intensify in the Middle East.[6][10][11] The spike raises fears of fresh economic pressure worldwide and underscores the risk that the region’s conflict could further disrupt energy supplies and trade.[6][10][11]
Developing
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14:00
Canada’s new tariffs on about $20 billion of US products take effect today, sharply escalating a major cross‑border trade dispute. The move turns the clash with President Trump’s administration into a global test of whether a smaller economy can successfully push back against Washington’s protectionism.
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Photo — Tony Zohari / Pexels
