The greenback slid 0.08% to around VND26,360 at unofficial exchange points. Vietcombank maintained its rate at VND26,379, unchanged from Tuesday. The State Bank of Vietnam kept its reference rate stable at VND25,123. Globally, the dollar held near a one-week high on Wednesday as risk sentiment soured after a hot U.S. inflation reading sent Treasury yields […]
Foreign Minister Hakan Fidan said the overriding priority in ongoing negotiations between the United States and Iran is to preserve the current ceasefire, cautioning that the alternative, a return to open conflict, would harm both global economic stability and energy security worldwide. Speaking in an interview broadcast on Al Jazeera, Fidan said the ceasefire must […]
International tourism has returned to its pre-COVID-19 level and is now entering a new phase of growth. The World Travel & Tourism Council (WTTC), an international organization representing the private travel and tourism sector, is offering a highly positive assessment of the industry’s outlook. After several years marked by the pandemic, health restrictions, geopolitical tensions […]
US Department of Energy moves to transfer 53.3 million barrels amid rising oil prices. Published On 12 May 202612 May 2026 The United States has announced its latest release of emergency oil stockpiles in coordination with the International Energy Agency (IEA). The US Department of Energy said on Monday that it had begun transferring 53.3 million barrels from the strategic petroleum […]
In a system where political and ideological objectives consistently outweigh environmental sustainability and public welfare, even severe and widely recognized crises fail to trigger meaningful correction. In this sense, Iran’s water crisis is not a failure of resources, it is a consequence of deliberate choices. The impact of decades of misguided water engineering and policy […]
In Q1, central bank demand was up 17% quarter-on-quarter, despite an uptick in sales, with Poland and Uzbekistan leading the buying. The National Bank of Poland was once again the largest purchaser, increasing its gold reserves by 31 tonnes over the quarter to 582 tonnes. Despite recent statements by Governor Adam Glapiński about the possibility […]
Islam Times – More than half of American voters disapprove of Donald Trump’s handling of inflation and the economy, according to a new poll that suggests his tariff policies and the war against Iran are weighing on Republican prospects ahead of the US midterm elections.The nationwide survey, conducted last week by research firm Focaldata for […]
AI hyperscalers aren’t the only big spenders fueling the economy and financial markets as the energy sector is experiencing its own capital tsunami. Alphabet, Amazon, Meta, and Microsoft have been plowing hundreds of billions of dollars a year into AI. But the Iran war and closure of the Strait of Hormuz have highlighted another factor […]
Wartime Iran’s Political Transformation Jacobin Read the full article…
(Bloomberg) –Employers in the US boosted payrolls in April by more than projected after an even bigger increase a month earlier, suggesting the labor market may be gaining momentum after near-zero job growth last year.Payrolls rose by 300,000 over the period, the strongest two-month increase since 2024, official data showed. In Germany, industrial output declined […]
