world
Following a series of U.S. airstrikes in Iran, the Islamic Revolutionary Guard Corps (IRGC) has issued direct threats against British military facilities, alleging that U.K. bases are being used to support American operations. The escalating conflict has led to regional instability, including threats to the strategic Strait of Hormuz. IRGC Threats Against British Military Infrastructure … Read more
Indonesia is expanding its foreign exchange (FX) retention exemptions for natural resource exporters to include China, Australia, and Canada, alongside the United States. Coordinating Economic Affairs Minister Airlangga Hartarto confirmed the policy shift on Thursday, July 23, 2026, aiming to strengthen domestic liquidity and support the rupiah while honoring established bilateral trade agreements. The Indonesian … Read more
President Donald Trump warned Thursday that the United States will inflict "major military punishment" on Iran and its Houthi allies if the militant group continues to target Saudi oil tankers. The warning followed a claim by the Yemen-based Houthis that they used drones and missiles to strike two Saudi vessels, the Encelia and the Layla, … Read more
Oil prices have experienced significant volatility and upward pressure, with Brent crude reaching as high as $98 per barrel, as the ongoing military confrontation between the United States and Iran raises global concerns regarding the security of energy supplies. The escalation has heightened fears of potential disruptions to shipping lanes, particularly through the strategic Strait … Read more
Investors from the Arab region and international markets have initiated a significant sell-off of “hot money”—foreign capital invested in Egyptian government debt instruments—amidst a sharp escalation in military tensions between the United States and Iran. According to المصري اليوم, Arab investors recently led a sell-off wave exceeding 15.6 billion Egyptian pounds, while foreign investors recorded … Read more
Thai gold prices closed down 400 baht on July 23, 2026, after a volatile day featuring 21 price adjustments. The decline followed heavy profit-taking in the global spot market and a strengthening Thai baht, bringing gold bars to a closing sell price of 65,500 baht. The market on Thursday was defined by extreme instability. While … Read more
Pope Leo XIV conducted a surprise pilgrimage on Wednesday, July 22, 2026, visiting the Sanctuary of the Holy Trinity in Vallepietra before traveling to the monasteries of St. Benedict and St. Scholastica in Subiaco. This excursion followed his earlier private visit to the Abbey of Montecassino on July 20, 2026, during his summer vacation at … Read more
China’s coast guard fired a water cannon at a Philippine government fisheries vessel near the disputed Scarborough Shoal on Thursday, July 23, 2026. The incident occurred one day after Chinese Foreign Minister Wang Yi warned Manila of bitter consequences if it continued provocative actions backed by outside powers during ASEAN meetings in Manila. The confrontation … Read more
U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met in Manila on Thursday, July 23, 2026, to discuss the war in Ukraine and the broader U.S.-Russia relationship. The meeting, which lasted just over half an hour according to Russian media, took place on the sidelines of an annual gathering of the … Read more
The United States and Saudi Arabia signed a nuclear cooperation agreement, known as a 123 agreement, on Wednesday, July 23, 2026. The deal establishes a legal framework for civil nuclear cooperation and uranium enrichment, sparking concerns in Israel and coinciding with reports that Iran has shifted its own enrichment activities to the Pickaxe mountain range. … Read more