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Deputy Foreign Minister Sergey Ryabkov says Moscow is ready to consider new proposals for settling the Ukraine conflict, provided they align with President Putin's goals and 'realities on the ground.' He stressed Russia will not abandon its fundamental positions, while noting Washington's ability to influence Kyiv and its European backers.
Florida-based startup Powerus has opened its first Middle East facility in the UAE to assemble low-cost Guardian drone interceptors, producing about 30 per day. The company plans to scale global output to 15,000 interceptors monthly by 2027, following a wave of Iranian drone and missile attacks on the Emirates.
The US Treasury has redesignated Hezbollah to emphasize its role as an Iranian proxy under the IRGC Quds Force and imposed sanctions on 10 individuals accused of smuggling hundreds of millions of dollars via commercial flights. Officials described the group as an extension of Iran's forces operating with little regard for Lebanese sovereignty. The move occurs amid ongoing Israel-Lebanon hostilities and broader US pressure on Iran.
The UN says two of its Afghan staff members detained in Herat on August 9 have been released in good health. The mission is still seeking details on the reasons for their arrest and detention.
Germany's gas storage is just above half full, the lowest in years for mid-August, due to the Iran war and Strait of Hormuz closure. The government and industry warn about the November 1 target, while consumer groups advise on fixed-price contracts.
Japan is intensifying diplomatic efforts to ensure free and safe navigation in the Strait of Hormuz and Bab el-Mandeb, key routes for Middle East oil, as Foreign Minister Toshimitsu Motegi wraps up a six-day visit to Saudi Arabia and Oman. Prime Minister Sanae Takaichi has also held phone talks with regional leaders, with some in her administration urging face-to-face meetings to achieve a breakthrough amid unpredictable U.S.-Iran negotiations.
President Trump led reporters on a tour of new White House construction, including a granite driveway and helipad, while the U.S. faces a record $40 trillion debt and ongoing war with Iran. Critics, including Sen. Jon Ossoff, accuse Trump of prioritizing construction over presidential duties.
The Pentagon has fired the editor-in-chief, a reporter and the publisher of the US military newspaper Stars and Stripes, escalating a showdown over editorial independence. The dismissals follow the outlet's coverage of sailor welfare and come amid broader restrictions on press access.
South Korea has launched its first commercial container ship voyage through the Arctic, testing the route's viability as Middle East conflict disrupts traditional shipping lanes. The PanStar Acro, carrying 837 TEUs of cargo, is expected to take about 45 days to reach European ports, but the trip has sparked environmental and geopolitical concerns, including potential friction with Western allies over Russia's role.
A new report details a covert US military operation that has established a shipping corridor through the Strait of Hormuz, moving approximately 10 million barrels of oil daily. The operation, reportedly coordinated from Fort Bragg, was enabled by a campaign that degraded Iran's radar and surveillance capabilities.
US gross national debt surpassed $40 trillion for the first time, according to Treasury data, months earlier than projected. The milestone has renewed warnings from economists and lawmakers about unsustainable deficits, rising interest costs, and the need for fiscal reforms.
September WTI crude oil climbed 1.67% on Tuesday, buoyed by a weaker dollar and persistent Middle East supply disruptions, while gasoline prices slipped. The UAE's decision to cut economic ties with Iran and renewed Israeli strikes heightened concerns, though OPEC production increases and rising US inventories tempered gains. IEA head Fatih Birol warned the Strait of Hormuz crisis has caused long-term damage to energy markets.
Gold and silver surged to their highest levels in two months after the U.S. Treasury announced it would double the size of its long-term debt buybacks, sending bond yields lower. Bitcoin also rallied above $77,000 as Washington pushed pro-crypto policies and a dollar sell-off drove investors toward alternative assets.
Transportation Secretary Sean Duffy and his wife, Fox News host Rachel Campos-Duffy, premiere a six-episode YouTube series, 'The Great American Road Trip,' celebrating America's 250th anniversary. The show mixes family visits to national landmarks with reality-TV nods, but draws criticism over sponsorships from companies Duffy regulates and questions about its official purpose.
Gold prices in Delhi declined by ₹800 to ₹1,58,000 per 10 grams on Wednesday, while silver fell ₹5,730 to ₹2,35,000 per kg. Analysts attribute the weakness to higher crude oil rates and geopolitical uncertainty following the end of the US-Iran ceasefire window without fresh talks. Meanwhile, international spot gold gained nearly 1% to $4,361.76 per ounce.
The US Treasury unexpectedly increased its buyback of long-dated government debt after yields reached multi-year highs, aiming to provide liquidity support in the 10- to 30-year sector. The move, announced Wednesday, pulled the 30-year yield down from its highest since 2007 and sparked gains in gold, which traded near a three-month high. Treasury Secretary Scott Bessent signaled willingness to expand buybacks, while market watchers noted the administration's efforts to contain borrowing costs.
U.S. stocks opened higher on Wednesday, snapping a three-day slide, after the Treasury Department announced plans to at least double its purchases of longer-term bonds, easing pressure on yields. Strong earnings from retailers and biotech firms, including Moderna and Merck, also supported the market.
Vice President JD Vance made his first trip back to Middletown, Ohio, since taking office, speaking at a steel plant where his grandfather once worked and touting a major investment. The visit, framed around the Trump administration's economic agenda, comes as polls show shifting voter confidence on the economy ahead of November's midterm elections.
Treasury Secretary Scott Bessent announced a plan to more than double buybacks of long-term U.S. debt, a 'Treasury twist' aimed at lowering borrowing costs. While yields initially fell, they quickly rebounded, with the 10-year closing the week near 4.73% and the 30-year at 5.24%. Analysts question the plan's effectiveness amid record $40 trillion debt, inflation concerns, and uncertainty over Fed policy.
A U.S. Army battalion in Georgia is offering soldiers a four-day pass to play Grand Theft Auto VI when it releases in November, provided they reenlist for at least two more years. The incentive, limited to the 9th Brigade Engineer Battalion at Fort Stewart, has already been selected by 20 of the 130 eligible soldiers.