LOGO
LOGO

general news

  • F-22 Raptor Fighter Jets Arrive In Japan To Strengthen US Airpower In Indo-Pacific May 07, 2026 07:30 ET

    US Air Force'S F-22 Raptor fighter jets have arrived at Kadena Air Base, the American air base in Japan, marking the latest fighter rotation supporting operations across the Indo-Pacific region. While deployed to the Keystone of the Pacific, the F-22s will operate alongside heavy, reconnaissance, and fourth- and fifth-generation aircraft assigned to the Air Force's 18th Wing at Kadena Air Base, s

  • CDC Urges All Americans Aboard Hantavirus-hit Cruise Ship To Follow Guidance May 07, 2026 06:53 ET

    The Centers for Disease Control and Prevention has urged all Americans aboard the hantavirus-hit cruise ship to follow the guidance of health officials as the Trump Administration works to bring them home safely. In a statement issued on Wednesday, CDC said the Administration is closely monitoring...

  • US Attacks Iranian Oil Tanker After Trump's Fresh Ultimatum May 07, 2026 06:19 ET

    President Donald Trump has issued a fresh ultimatum to Iran, warning that if it doesn't accept his 14-point peace proposal to end the Middle East war, the United States will start bombing "at a much higher level and intensity." "Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blo

  • Remittances From Migrants To Reach $905 Bln: Report May 06, 2026 08:26 ET

    Financial contributions from migrants remain substantial, and remittances are projected to reach $905 billion, including $685 billion to low and middle-income countries, says the new World Migration Report. Restricting migration does not stop people from moving. It often pushes them into more dangerous...

  • Hantavirus-hit Cruise Ship Sailing To Canary Islands May 06, 2026 08:25 ET

    A hantavirus-hit Dutch cruise ship is reportedly sailing to Spain's Canary Islands to medically evacuate two crew members to make sure that they receive urgent medical care. A third person who had contact with the diseased German passenger will also be evacuated, media reports say. Hantavirus victims...

  • US-led Nations Draft Resolution To Defend Freedom Of Navigation In Strait Of Hormuz May 06, 2026 08:20 ET

    A U.S.-led resolution to defend freedom of navigation in the Strait of Hormuz is set to be introduced for voting in UN Security Councilin the coming days. Secretary of State Marco Rubio said on Tuesday that at President Donald Trump's direction, the United States, alongside its Gulf partners Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar, drafted the resolution. The draft res

  • Oil Prices Fall Sharply As US Suspends Project Freedom To Seek Deal With Iran May 06, 2026 07:25 ET

    In an apparent response to President Donald Trump's move to suspend "Project Freedom" citing progress in diplomatic talks with Iran to end the Middle East war, oil prices fell sharply Wednesday. Brent crude fell below the $100 mark, and was trading below $98 a barrel after falling by nearly 11 percent while the US-traded WTI dropped by 11.42 percent to $90. Even this is 40 percent higher than th

  • Trump To Pause 'Project Freedom" Citing Progress In Diplomatic Talks May 06, 2026 06:44 ET

    President Donald Trump says he is suspending 'Project Freedom," an operation he announced to guide stranded ships through the Strait of Hormuz, citing progress in diplomatic talks with Iran to end the Middle East war. However, in announcing the pause on social media, Trump vowed to maintain the U.S. blockade of Iranian ports. He did not give any detail to substantiate his claims of progress in pe

  • MFN Drug Pricing Policy To Generate $529 Bln In Domestic Saving: White House May 06, 2026 05:39 ET

    The White House says the Trump Administration's Most-Favored-Nation (MFN) drug pricing policy framework to address the major differences in drug prices and contributions to the pharmaceutical innovation enterprise across developed countries is expected to generate $529 billion in domestic savings in the next 10 years across all markets. The Trump Administration has so far reached voluntary MFN pr

  • EU And Armenia Sign Connectivity Partnership May 05, 2026 07:57 ET

    The European Union and Armenia held their first ever Summit in Yerevan, reinforcing cooperation in the areas of connectivity, security and defense, economic development and people-to-people contacts. European Commission President Ursula von der Leyen said: "This first EU-Armenia Summit elevates our...

  • US State Secretary Rubio To Meet Pope Leo May 05, 2026 07:34 ET

    US Secretary of State Marco Rubio will meet with Pope Leo this week. Announcing his visit, the State Department said Rubio will travel to Rome for a three-day tour beginning Wednesday to advance bilateral relations with Italy and the Vatican. Secretary Rubio will meet with Holy See leadership to discuss the situation in the Middle East and mutual interests in the Western Hemisphere, it added.

  • WHO Coordinating Evacuations From Hantavirus-hit Cruise Ship May 05, 2026 07:29 ET

    An outbreak of deadly hantavirus aboard a cruise ship in the Atlantic Ocean has triggered an international public health response. The World Health Organization said it is coordinating evacuations and risk assessments following the death of three people and multiple suspected infections on board ...

  • Escorts No Solution, IMO Urges Vessels To Exercise 'maximum Caution' May 05, 2026 06:30 ET

    Amid claims and counter-claims of strikes and confrontations in the Strait of Hormuz between Iran and the United States, UN maritime officials continue to urge vessels to exercise "maximum caution". "We are aware of the reports but do not have further details. We continue to urge ships to practice...

  • Trump Says Iranian Forces Will Be 'blown Off' As US, Iran Fire Shots In Strait Of Hormuz May 05, 2026 05:35 ET

    The fragile ceasefire in the Middle East appears to have shaken as both the U.S., Iranian military fired shots in the Strait of Hormuz Monday. Iran claimed that it had hit a US naval vessel, preventing it from entering the Strait, but the US denied there had been any strike. U.S. military said guided-missile destroyers, more than 100 land and sea-based aircraft, multi-domain unmanned platforms,

  • On World Press Freedom Day, UNESCO Reports Drop In Freedom Of Expression May 04, 2026 07:42 ET

    A new UNESCO report marking World Press Freedom Day highlights a sustained global decline in freedom of expression, alongside rising pressure on journalists and media institutions. The UN agency's World Trends in Freedom of Expression report, covering the period from January 2022 to November 2025,...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

Latest Updates on COVID-19