On 6 July, the Dutch government summoned the mayors of ten municipalities that had simply refused to open the asylum shelters the law requires them to open — one entry in a queue of roughly 100 Dutch municipalities missing their...
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BP has announced that it will offload its US biogas business just days after confirming its exit from the North Sea, as the firm looks to shift its focus back to core oil and gas products. The London-listed oil giant...
Reuters reported this morning that the U.S. has used “virtually all” its long-range precision strike missiles during its war on Iran. Reuters’ sources would not say exactly how many of these surface to surface weapons, known as Army Tactical Missile Systems...
Traffic at the Strait of Hormuz remains at the lowest in more than two months as security concerns have intensified with recent attacks on ships and persistent threats to shipping in the region. After a brief respite between the middle...
As artificial intelligence systems become larger and more demanding, memory is becoming one of the most important constraints in server design. Modern AI workloads do not only require powerful GPUs and accelerators; they also require enormous amounts of data to...
Pakistan's national Oil and Gas Development Company Limited (OGDC) has signed an agreement with a Canadian firm to deploy advanced technology to boost production from heavy crude oilfields, the largest Pakistani exploration and production firm has said. Under the agreement...
When roughly 60,000 migrants surged into the Spanish enclave of Ceuta in North Africa, much of the American right-wing reacted with predictable horror. President Donald Trump has likened the scenes to an invasion. He suggested that the Spanish government “doesn’t...
Trump’s repeated threats followed by last-minute retreats risk turning American deterrence into a paper tiger, encouraging adversaries to test Washington’s resolve. Pulling back from the brink may avert war today, but inconsistency could prove costlier tomorrow. If not exaggerated, it’s...
India’s state-owned Oil and Natural Gas Corporation (ONGC), the top explorer in the country, will build a new storage site at Mangaluru to hold about 13 million barrels of oil as the world’s third-largest crude oil importer looks to boost...
Fresh uncertainty has emerged over prospects for diplomacy between the United States and Iran after conflicting claims over negotiations coincided with a maritime attack near the Strait of Hormuz. The incident pushed oil prices higher and reinforced concerns that the...
BP more than doubled its profit for the second quarter from a year earlier on the back of higher oil and gas prices and stronger refining margins driven by the shock supply disruption in the Middle East. BP on Tuesday...
U.S. President Donald Trump returned to office pledging to restore free speech and end what he described as years of government censorship. Yet a growing body of federal court rulings has found that his administration has repeatedly violated First Amendment...
By: Ainur Rohmah Photo from Bank Indonesia Perry Warjiyo’s resignation as governor of Bank Indonesia has become more than an unexpected leadership change. Announced on July 27, nearly two years before his second term was due to end in 2028, the decision...
The United States has depleted a significant portion of its stockpile of long range precision missiles during its five month military campaign against Iran, raising concerns over its preparedness for future conflicts with major powers such as China and Russia....
A new railway, a sixteen-year coal supply arrangement and a renewed yuan swap line do not suggest that China is preparing to annex Mongolia. They do, however, increase the economic cost of foreign-policy disagreement with Beijing. June 2026: sovereignty and...
An upper-class Englishwoman falls in love with a worker on her uncle’s sugar plantation in this insipid adaptation of Romesh Gunesekera’s novel Here is a tale of love across the divide, based on a novel by Booker nominee Romesh Gunesekera ....
Saudi Aramco saw its adjusted net income jump by 33% for the second quarter from a year earlier as high oil prices and the oil giant’s ability to re-route most crude exports more than offset the constrained flows at the...
The Last Economic Lifeline By Dr. Nabil Kukali
Full ArticleAmid the clearance revenue crisis and declining public spending, the Palestinian private sector has become one of the most important pillars sustaining economic activity. Its role extends far beyond generating profits: it preserves jobs and household incomes, supplies goods and...
Global investors are beginning to rebuild confidence in South Korean equities after one of the most volatile market corrections in recent years, viewing the sharp selloff as a technical reset rather than a deterioration in corporate fundamentals. While domestic retail...
China has sharply criticized the Philippines after Manila raised concerns over the influence of Chinese state linked institutions in its education sector, describing the allegations as an “extremely serious political provocation.” The diplomatic exchange marks another escalation in increasingly strained...
RAMALLAH /PNN / A new public opinion poll indicates that Palestinians increasingly view the private sector as a critical pillar of economic resilience, as the effects of the clearance revenue crisis and banking restrictions deepen, eroding purchasing power and raising concerns...
The sudden mass crossing into Spain’s North African enclave raises questions that Europe cannot afford to dismiss as merely another migration crisis. The timing, Morocco’s behavior, and the growing strategic alignment between Rabat, Washington, and Tel Aviv point to something...
Germany’s energy demand dropped by 1.9% over the first half of the year on surging oil and gas prices, according to preliminary data released by the Working Group on Energy Balances (AGEB), an association of German economic and energy organizations....
Under Secretary of Defense for Acquisition and Sustainment Michael P. Duffey joins Jonathan to discuss the Pentagon’s ongoing acquisition transformation. Their conversation spans the recent munitions agreements, industry investments, the shift to portfolio acquisition executives, allied coproduction, and more.Image: Cpl....
It was framed as a perfect storm because nativists dearly wanted it to be. Looking on, progressives failed to meet the moment too The live streams are still running, training their cameras on the beach at Ceuta, where nothing is happening....
就让岁月开成一朵花, 等一场春风温柔抵达, 带着知足上路, 带着晚霞回家, 爱在时光中轻轻发芽。 – 吴忧 And so it begins. President Xi Jinping of China has summoned overseas Chinese to pool strengths and contribute to the rejuvenation of the Chinese nation. This is not new. The People’s Republic of China...
Pilgrims, accompanied by pony operators and porters, continue their journey along the Baltal route during rain on the annual Amarnath Yatra in Jammu and Kashmir in July 2026. Credit: Umar Manzoor Shah/IPS By Umar Manzoor Shah SRINAGAR, India, Aug 4 2026 (IPS) Every...
Washington has repeatedly used trade policy and U.S. market access over the past decade to advance broader economic security priorities with its trading partners. The Trump administration’s decision not to renew the U.S.-Mexico-Canada Agreement on July 1, during a mandatory...
Thailand has called for a more flexible approach to engaging with Myanmar, signalling a potential shift in ASEAN’s strategy toward one of its most persistent regional crises. Speaking at ASEAN headquarters in Jakarta, Thai Prime Minister Anutin Charnvirakul urged what...
US Undersecretary of War Elbridge Colby called South Korea (Republic of Korea, ROK) a “model ally” while visiting Seoul a few months ago. A “model ally?” Compared with what? South Korea is still a longtime partner and an ally bound by a...
After Restoring Stability, Argentina Needs to Turn Hard-Won Gains into Lasting Prosperity
Full ArticleCredit IMF Photo/Nicholas Karlin By Kristalina Georgieva WASHINGTON DC, Aug 4 2026 (IPS) My first meeting in Buenos Aires began with an unexpected gift. Economy Minister Luis Caputo presented me with an Argentine national team jersey bearing my name and the number 10—Lionel...
Tanker crossings in the Strait of Hormuz and Bab el-Mandeb remained subdued at the start of this week despite reports about potential renewal of peace talks based on statements made by President Donald Trump. A dozen tankers crossed the Bab...
Trade Liberalisation Never Lifted All Boats
Full ArticleBy Jomo Kwame Sundaram KUALA LUMPUR, Malaysia, Aug 4 2026 (IPS) President Trump has blamed trade liberalisation advocated by globalists for US deindustrialisation. Instead, his own weaponisation of economic policies, instruments and institutions purport to ‘make America great again’ (MAGA). Jomo Kwame Sundaram Trump...
The United States economy is showing remarkable resilience despite geopolitical tensions, political uncertainty, and concerns over slowing global growth. Rather than cooling, economic activity appears to be accelerating, driven by expansive fiscal policy, robust corporate investment, resilient consumer spending, and...
Europe‘s worst wildfire season in recent history is doing more than destroying forests, homes, and livelihoods. It is exposing a growing weakness in the continent’s ability to finance climate disasters. While insurers are expected to absorb billions of euros in...
Venezuela exported 1.16 million barrels of crude oil daily last month, a slight decline from June’s 1.2 million barrels daily, on lower withdrawals from storage, Reuters has reported, noting that exports to the United States during that month increased. July...
When Andy Burnham entered 10 Downing Street on July 20, it was as the UK’s seventh prime minister in a decade. As the product of a turbulent domestic political climate, with the decline of the traditional two-party system and the...
Fuelled by TikTok and street dance battles, the coupé-décalé offshoot is latest expression of Côte d’Ivoire’s pop culture The 400-strong crowd, perched on plastic chairs and wooden benches in Abidjan’s Yopougon-Selmer neighbourhood, roared with approval as Sauce Graine twisted and turned...
For anyone still selling the West’s grand strategy as a coherent product, is that the framework itself has aged worse than either of its authors could have imagined. Mackinder and Spykman were writing about a world where land power and...
As the Senate returns to Washington for its last week in session until mid-September, it faces a long to-do list. But for many senators, the top priority is not enacting legislation that will help Americans but instead rushing to approve...
Robert Kagan surprised some people. One of America’s most influential hawks condemned the Trump administration’s botched war in Iran, suggesting in The Atlantic in March that U.S. involvement in the Middle East has been a catalyst of, rather than a...
A Test Disguised as a Triumph NATO’s Ankara summit produced the largest Ukraine funding commitment of the war: European allies and Canada pledged at least €70 billion in military support for 2026, with a comparable sum promised for 2027, bringing...
The Galling Gallium Chokehold: Why the US Cannot Produce Precision Missiles and Fully-Functional F-35s
Full ArticleGallium Kudos, again, to Kevin Wamsley of Inside China Business. Based on his latest podcast (see below) I did some additional digging. The substance of his video briefing is shocking and alarming, at least for US policymakers and weapons manufacturers. There...
The way states reach one another is changing. For most of the period since 1945, conflict diplomacy was organised institutionally, through seats, mandates and votes, and above all at the United Nations. What we can observe is a shift from...
The saga of 38 Oxley Road, near Singapore’s prestigious Orchard Road, appears to be over. The Singapore government has decreed that the house will be preserved as a shrine to Lee Kuan Yew, independent Singapore’s founder and first prime minister. Stunningly,...
China will tighten its exit-entry rules from September 15 to stop experienced engineers from leaking knowhow in industries subject to export controls and deter tourists from visiting “high-risk” nations such as Japan. The State Council’s new regulation, which spans 19...
After several days of increasing threats against Iran, including social media posts like “FINISH THE JOB!” and “Take the oil. No mercy!,” President Trump has over the weekend called off a planned major escalation in the Middle East. For now....
The sharp swings in oil prices following the latest round of attacks and negotiations over safe passage through the Strait of Hormuz demonstrate that wars do not always reveal themselves first on the battlefield. Sometimes, their earliest signs appear on...
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