A US-led multi-nation security initiative has been launched to strengthen operations focusing on the security challenges in the southern Red Sea and the Gulf of Aden.
US Secretary of Defense Lloyd Austin announced the establishment of Operation Prosperity Guardian, an important new multinational security initiative under the umbrella of the Combined Maritime Forces and the leadership of its Task Force 153, which focuses on security in the sensitive region.
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Political News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.