US stocks were mixed on Monday while bonds and the dollar weakened after renewed political pressure on the Federal Reserve raised concerns among investors about the central bank’s independence. Markets initially reacted sharply to news of a criminal investigation involving Federal Reserve Chair Jerome Powell, prompting investors to sell US stock futures, government bonds and…
Myanmar pursued “genocidal policies” in an effort to erase the Rohingya people, The Gambia’s foreign minister Dawda Jallow told the world’s top court as judges began hearing a landmark case accusing the country of genocide. The International Court of Justice is considering a lawsuit filed by The Gambia in 2019, alleging that Myanmar deliberately sought…
Three former heads of the United States central bank have strongly criticised a criminal investigation into Federal Reserve Chair Jerome Powell, warning that the move threatens the independence of one of the country’s most important institutions. In a rare joint statement, former Fed chairs Janet Yellen, Ben Bernanke and Alan Greenspan, joined by 10 other…
Iran’s ruling establishment is confronting its most serious challenge since the 1979 revolution, as widespread unrest and a sweeping security crackdown place extraordinary strain on the country’s political system. In recent days, authorities have imposed an almost complete communications blackout while deploying security forces on an unprecedented scale. Streets that once reverberated with chants demanding…
Minneapolis, USA – Thousands of demonstrators took to the streets of Minneapolis on Saturday night, protesting the fatal shooting of 37-year-old Renee Nicole Good by a US Immigration and Customs Enforcement (ICE) agent earlier this week. The demonstrations, which have spread across multiple US cities, have resulted in dozens of arrests and heightened tensions between…
Tehran, Iran – Anti-government protests in Iran intensified over the weekend as demonstrators defied a deadly crackdown by security forces, taking to the streets in multiple cities despite reports of hundreds of casualties in recent days. Footage verified by independent sources shows violent clashes in Tehran and Mashhad, with protesters using barricades and bonfires while…
ABU DHABI: Emirates Driving Company (EDC) in Abu Dhabi has launched a fully automated ‘Smart Yard System’ that allows driving licence candidates to be tested without a human examiner in the car. Using cameras, sensors, satellites, and artificial intelligence, the system monitors every action, from mirror checks to parking maneuvers, providing instant results and recorded…
CANBERRA: Australian Prime Minister Anthony Albanese has announced a royal commission into the deadly shooting at Bondi Beach last month, which claimed 15 lives and targeted a Jewish festival. The inquiry is the country’s most powerful independent investigation and will examine the circumstances of the attack, the spread of antisemitism, and measures to strengthen social…
An investigation has revealed that former Prince Andrew received millions from a Kazakh oligarch through funds connected to a company implicated in a bribery scheme. Timur Kulibayev, a billionaire and son-in-law of Kazakhstan’s former president, used a loan from Enviro Pacific Investments to help purchase Andrew’s former mansion, Sunninghill Park, for £15 million. Italian prosecutors…
Parts of Australia are bracing for extreme heat and elevated fire danger as a severe heatwave sweeps across much of the country. Officials have warned that Friday could see catastrophic fire conditions, the highest alert on Australia’s fire danger scale. Victoria has declared a total fire ban, with schools and childcare centres in affected areas…
