A federal grand jury in the Eastern District of North Carolina has returned an indictment charging former FBI director James Comey with making threats to the life of President Donald Trump. The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial. The Indictment includes two counts. According to the Department of Justice, the fi
The U.S. Government has alerted financial institutions to the sanctions risks associated with independent "teapot" oil refineries in China, primarily in Shandong Province, given their continued role in importing and refining Iranian crude oil. China purchases approximately 90 percent of Iran's oil...
The U.S. government has imposed sanctions on 35 entities and individuals that oversee Iran's shadow banking architecture, facilitating the movement of the equivalent of tens of billions of dollars tied to sanctions evasion and Iran's sponsorship of terrorism. These networks allow Iran's armed forces—including the Islamic Revolutionary Guard Corps (IRGC)—to access the international financial syst
The U.S. Central Command said that more than 20 vessels remain in the Iranian port of Chah Bahar under the U.S. blockade on Iran. "Prior to the U.S. blockade on Iran, 5 ships were moored or anchored in the Iranian port of Chah Bahar on an average day. Today, more than 20 vessels remain in Chah Bahar as U.S. forces cut off economic trade going into and coming out of Iran during the ongoing blockad
Rising oil prices linked to the Middle East crisis are driving up the cost of plastics, with impacts spreading across global supply chains. According to UN trade and development body, UNCTAD, the price of key materials such as polyethylene has surged sharply in recent weeks, reflecting the steep rise in crude oil prices. When oil prices surge, the impact goes far beyond fuel. It runs through glo
With top diplomats gathered at UN Headquarters to review the 1970 Treaty on the Non-Proliferation of Nuclear Weapons, the UN Secretary-General warned that it must evolve to survive the age of AI and other new technologies. For the first time in decades, the number of nuclear warheads is on the rise. Nuclear testing is back on the table and global military spending jumped to $2.7 trillion in 2025.
Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...
The U.S. Navy has commissioned the submarine USS Idaho, bringing cutting-edge war-fighting capability to the nation's undersea forces after a multiyear construction process. The 26th Virginia-class submarine and the eighth of the advanced Block IV configuration, Idaho was commissioned in a traditional...
New York City has witnessed first-ever point-to-point electricvertical takeoff and landing (eVTOL) air taxi demonstration flights, which aims to connect heliports in Manhattan to JFK International Airport in less than 10 minutes. Once approved and fully become operational, it will save travelers significant amount of time, far less than the current one-to two-hour drive. Joby Aviation, Inc. (JO
Cole Tomas Allen of Torrance, California, has been charged with attempting to assassinate President Donald Trump at the White House Correspondents' Association Dinner at the weekend. The Department of Justice announced that 31-year-old Allen was charged with one count of attempt to assassinate the President, transportation of a firearm and ammunition in interstate commerce with intent to commit a
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
European Institutions have agreed on a Roadmap to achieve "One Europe, one Market" by the end of 2027. Cyprus President Nikos Christodoulides, as the rotating Presidency of the Council of the European Union, European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen signed the "One Europe, One Market Roadmap On the sidelines of the Informal meeting of Hea
The U.S. Government has imposed sanctions on a Cambodian senator who controls scam compounds throughout the country, as well as 28 individuals and entities in his network, for defrauding Americans. The U.S. Department of the Treasury said Southeast Asian scam operators within this network have stolen...
Crude oil price continued rising on Friday amid President Donald Trump's statement that he authorized the U.S. military to "shoot and kill" Iranian boats laying mines in the Strait of Hormuz. Brent crude traded above $107 per barrel, increasing by 1.92 percent, while the US-traded WTI rose above $97. In a social media post on Thursday, Trump also said that U.S. forces will intensify efforts to r
President Donald Trump has announced an MFN pricing deal with Regeneron to lower prescription drug prices that Americans pay for some of the world's most innovative drugs, in line with the lowest prices paid by other developed nations, known as the most-favored-nation, or MFN, price. The agreement will provide every State Medicaid program in the country access to MFN drug prices on new Regeneron
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.