Norway has become the latest country to join the Pax Silica initiative. The Pax Silica Initiative is a U.S.-led international coalition launched in December to secure supply chains for semiconductors, AI infrastructure, and critical minerals. It aims to reduce reliance on coerced, concentrated supply...
The Department of Transportation's Federal Aviation Administration has issued a proposed rule that would allow specific categories of critical infrastructure sites to apply for restrictions on drone operations around their facilities. Restrictions - which would be submitted and approved via a new FAA...
With methane emissions from energy sector near record highs, tried-and-tested abatement measures could make 200 billion cubic meters of natural gas available annually, new IEA analysis shows. Methane emissions from fossil fuels remained at very high levels in 2025, with no sign they are declining globally, according to the International Energy Agency's latest tracking update. Although some countr
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
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...
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
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...
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...
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
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
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
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
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 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.
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 ...
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.