UK Plans New Laws to Tackle Undersea Cable Sabotage As geopolitical tensions mount beneath the waves, the UK is racing to future-proof its defence laws against unseen threats lurking in the deep. The importance of undersea cables cannot be overstated in today’s interconnected world. These cables carry over 97% of global communications, including internet data, […]
Worldview | Iran-Israel War Disrupts Local Businesses, Poses Global Risks
Worldview | Iran-Israel War Disrupts Local Businesses, Poses Global Risks In the realm of global markets and business, the recent escalation of tensions between Iran and Israel has sent shockwaves through local businesses and raised concerns about broader global risks. As the conflict intensifies, the reverberations are being felt far beyond the borders of the […]
US Strikes on Iran Come at Fragile Moment for the Global Economy
US Strikes on Iran Come at Fragile Moment for the Global Economy The recent US strikes on Iran have not only escalated tensions in the Middle East but have also sent shockwaves through the global economy. With the outlook now hanging in the balance, the world is bracing itself for the potential repercussions of this […]
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions
Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions In a move that has caught the attention of both fashionistas and economists alike, the popular women’s fast-fashion retailer, Dynamite, has announced a significant price increase of 9%. This bold decision comes amidst escalating trade tensions and a rapidly changing retail landscape. While price adjustments in […]
Binance opens to Syrian users after sanctions ease
Binance Welcomes Syrian Users as Sanctions Ease: A New Era of Financial Inclusion In a significant development for the cryptocurrency world, Binance has opened its doors to Syrian users following the lifting of a 45-year-long sanctions regime. This move not only marks a milestone for financial inclusion but also signals a shift in the landscape […]
China proposes rare earth export relief for EU
China Proposes Rare Earth Export Relief for EU Talks continue over EV tariffs as China signals rare earth concession. In a significant development, China has proposed providing rare earth export relief for the European Union (EU). This move comes amidst ongoing discussions regarding electric vehicle (EV) tariffs between the two entities, showcasing China’s willingness to […]
Appeals Court Allows Trump Tariffs to Stay in Effect for Now
Appeals Court Grants Stay Allowing Trump Tariffs to Remain in Effect Amid Ongoing Legal Battle In a recent development, the US Court of Appeals for the Federal Circuit issued a brief order on Thursday granting a stay that will allow the controversial tariffs imposed by the Trump administration to continue, at least for the time […]
Ripple launches blockchain payments in the UAE
Ripple Revolutionizes Cross-Border Transactions in the UAE In a groundbreaking move that is set to transform the landscape of cross-border payments in the UAE, Ripple has launched its blockchain payments technology in collaboration with Zand Bank and fintech Mamo. This strategic partnership aims to revolutionize the way businesses and individuals conduct transactions, offering a faster […]
EU invests €7.3bn into 2025 Horizon Europe work programme
EU Invests €7.3bn into 2025 Horizon Europe Work Programme The European Union (EU) is gearing up to supercharge its research, innovation, and sustainability efforts with a substantial investment of €7.3 billion into the 2025 Horizon Europe work programme. This funding injection is set to drive significant advancements in key areas such as technology, sustainability, and […]
China pauses rare earth export restrictions on 28 US entities after trade truce
China Pauses Rare Earth Export Restrictions on 28 US Entities After Trade Truce In a significant step toward easing trade tensions, China on Wednesday lifted export restrictions on rare earth minerals for 28 American companies. This move comes after a trade truce was established between the two economic powerhouses, signaling a potential shift in the […]