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
In a significant leap forward for American battlefield technology, U.S. Army infantry drone operators have successfully tested a drone-mounted new warhead with bunker-busting capacity. The live-fire demonstration of the bunker rupture and kinetic explosive round, which took place at Redstone Arsenal,...
The Justice Department has announced $300 million in funding to prevent and prosecute fraud and other crimes nationwide. The new Special Attorneys Program notice of funding opportunity will support state, local, Tribal, and territorial prosecuting agencies in designating qualified prosecutors to serve as Special Attorneys within the Department's National Fraud Enforcement Division or Criminal Di
NASA has announced that its Nancy Grace Roman Space Telescope, designed to open an entirely new window on the universe, will be launched in early September, ahead of the agency's commitment to flight no later than May 2027. "Roman's accelerated development is a true success story of what we can achieve when public investment, institutional expertise, and private enterprise come together to take
President Donald Trump's promise to bring manufacturing back to the United States is delivering the largest re-shoring wave in American history as companies invest trillions to build and expand at home, the White House says. In a press release published on Wednesday, it said after years of career politicians selling out American workers for cheap foreign labor, the American manufacturing comeback
With no progress in sight in easing tensions in the Middle East crisis, and the Strait of Hormuz continues to remain blocked, oil prices again crossed the $100 mark, rising for the fourth consecutive session. Brent crude is inching towards $104 per barrel on Thursday, increasing by 1.87 percent, while the US-traded WTI rose above $94. Even as President Donald Trump announced that he would extend
In a world where concerns of environmental loss is growing louder, a new landmark report from UNESCO has revealed a rare glimmer of hope. While global wildlife has plummeted by a staggering 73 per cent since the 1970s, life within the UN science and culture agency's protected territories is holding its...
The Department of War has released President Donald Trump's massive Defense Budget, which proposes to raise total defense-related spending to $1.5 trillion for Fiscal Year 2027. The largest request in the post-WWII era, the budget aims to strengthen U.S. military readiness against threats from Iran, China and Russia. The Defense Budget for FY27 marks a 42 percent increase over current funding l
The U.S. government has imposed sanctions on eight individuals and four entities that operate multiple procurement networks supporting Iran's UAV and ballistic missile programs. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is also targeting Mahan Air, which has previously...
The head of the UN a task force to facilitate the safe passage of fertilizers and related raw materials via the Strait of Hormuz, warned of a looming food crisis as fertilizer shipped through the vital lifeline is blocked ahead of the planting season. As the Persian Gulf crisis continues, time is ticking for farmers who rely on fertilizer shipped via the strategic trade route - and millions world
President Donald Trump has said the ceasefire with Iran will be extended until bi-lateral talks to end the Middle East war have progressed. In a social media post on Tuesday, Trump said the goodwill gesture is made at the request of Pakistan, that is mediated the first round of talks in its capital. At the same time, Trump said the blockade of Iranian ports will also continue until Tehran presen
U.S. Transportation Secretary Sean P. Duffy and the Federal Highway Administration have jointly launched the 'Freedom to Drive initiative', an opportunity for states to collaborate with the Department of Transportation on tackling increasing congestion corridors across the United States. This national...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.