Households across the UK are embracing solar power as the government accelerates its clean power mission to reduce the country's exposure to volatile fossil fuel markets following the outbreak of the Middle East war. New government data published Thursday shows that more than 27,000 solar installations...
A joint report by the UN World Meteorological Organization and Copernicus Climate Change Service spotlights key changes across Europe, which is the world's fastest warming continent with temperatures increasing twice as fast as the global average. Key results from the study show that at least 95 per cent of Europe experienced above-average annual temperatures in 2025. There was also a record th
The Department of State has announced it will provide up to $100 million in foreign assistance funding toward coordinated G7 efforts to ensure the continued containment of fissile nuclear material at the Chernobyl nuclear power plant in Ukraine. For three decades, the United States and G7 partners have led efforts to secure nuclear material at the Chernobyl plant, with the United States providi
The U.S. Food and Drug Administration has announced results from the largest and most rigorous examination ever conducted focused on chemical contaminants in infant formula available in the U.S. market. "We tested more infant formula than ever before, and the results are clear: most products meet...
In a co-ordinated crackdown involving the FBI, Dubai Police Department and Chinese Ministry of Public Security, 276 people were arrested and at least nine scam centers used for cryptocurrency investment fraud schemes were dismantled. These centers targeted Americans who have suffered millions of dollars...
Oil prices have jumped to the highest level since 2022 amid report of a U.S. plan to launch a fresh wave of attacks on Iran and President Donald Trump's decision to extend the U.S. naval blockade of Iranian ports. Brent crude soared to a four-year high of above $126 per barrel at one stage Thursday, increasing by more than 12 percent, before losing some gains. Simultaneously, the US-traded WTI
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 The accusation stems from an image he posted on social media last year, which was retracted later as it turned controversial.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
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.