Bessent's Iran Sanctions: A Threat That May Not Bite
US Treasury sanctions on Iran aim to strangle its economy, but effectiveness is uncertain and Iran's response remains the key variable for markets.
International Relations
Iran Vows Retaliation as US Expands Sanctions, Warns Trading Partners
Iran promises to respond to new US sanctions, which target its economy but stop short of the harshest measures.
Woodside Energy beats profit forecasts as Middle East tensions lift oil prices
Woodside Energy's first-half profit edged past estimates on higher oil prices, prompting a dividend hike and a new cost-cutting target.
Blackbird Raises A$1.05 Billion for Australia, NZ Tech Bets
Blackbird, an early Canva investor, has raised A$1.05 billion to back tech and AI firms in Australia and New Zealand.
Canada Signals Openness to Talks If US Shows 'Right Attitude'
Canada's PM says talks with the US are possible if Washington adopts a cooperative stance, after Trump threatened 50% tariffs on cars and steel.
Colombia orders raids, vows deportations of undocumented migrants
Colombia's new president orders immigration raids and pledges to deport undocumented migrants, a major policy shift for the nation.
US seeks expanded UN arms embargo to pressure Sudan's warring factions
The US urges the UN Security Council to expand Sudan's arms embargo nationwide, targeting external support prolonging the war.
Paris Landmark Glows in Ukrainian Colours for Independence Day
Paris's Eiffel Tower lit up in Ukraine's colours for its 35th Independence Day, as European leaders gathered in Kyiv.
US widens Iran sanctions, warns trading partners to cut ties
The US announced new sanctions on Iran, targeting 60 entities and warning global partners to sever business ties or face exclusion from the dollar system.
US Treasury Chief Warns Nations: Cut Iran Ties or Face Sanctions
US Treasury Secretary Bessent announced new sanctions on Iran, warning countries to sever financial ties or face retaliation.
Michigan Senate Hopeful Distances Himself From Streamer's Israel Remarks
Abdul El-Sayed, Michigan's Democratic Senate nominee, distanced himself from commentator Hasan Piker's remarks on Israel and American Jews, aiming to defuse a general-election controversy.
UK PM Shelves Thames Water Administration Plan Over Cost, Legal Risks
UK PM Andy Burnham has dropped plans to place Thames Water into administration, citing cost and legal risk concerns.
UK unveils first £10bn tranche of social housing funding, London in focus
The UK government has detailed the first £10 billion of a 10-year plan to fund new social rent homes, prioritising London.
Bordeaux's Earliest Harvest on Record as Heat and Drought Cut Wine Output
Extreme heat and drought in Bordeaux have triggered the earliest harvest on record, with yields down about 20% and production at a 40-year low.
China urges Gulf parties to return to dialogue as Kuwait FM visits Beijing
Chinese FM Wang Yi calls for Middle East de-escalation during Kuwait FM talks in Beijing, marking 55 years of bilateral ties.
From Paella to Iberian Ham: Spanish Flavors Win Over Chinese Diners
Spanish restaurants and Iberian ham are seeing surging demand in China as trade ties and consumer tastes evolve.
Iran's parliament speaker rejects US 'economic D-Day' sanctions warning
Iran's parliament speaker dismissed US 'economic D-Day' sanctions threats as 'nonsense', asserting Washington lacks leverage to isolate Tehran.
US-Canada Trade War: A Timeline of Escalation and Collapse
A detailed timeline of the escalating US-Canada trade war, from initial tariffs to the collapse of talks in August 2026.
US slaps 50% tariffs on Canadian honey, hockey sticks and more
Washington's 50% tariffs on Canadian goods took effect, covering everything from honey to hockey sticks, with Ottawa promising dollar-for-dollar countermeasures.
Michigan furniture maker says Canada tariffs threaten family income
A Michigan furniture business owner says 50% tariffs on Canadian imports are cutting into profits and family income, as cross-border tensions rise.