World

Global events and international developments affecting markets.

Reporting on international affairs, geopolitical developments, and global economic trends. This category connects world events to their potential impact on financial markets, trade flows, and investor risk perception.

Articles

4,504 total articles

Shots Ring Out at Philippine Senate as ICC-Targeted Senator Seeks Shelter

Shots Ring Out at Philippine Senate as ICC-Targeted Senator Seeks Shelter

Gunfire erupted inside the Philippine Senate during a tense standoff after Senator Ronald dela Rosa, wanted by the International Criminal Court, called on supporters to prevent his arrest and transfer to The Hague. President Ferdinand Marcos Jr urged calm and denied any government role in the incident. No immediate casualties were reported as the S…

South Carolina Supreme Court Orders New Trial for Former Lawyer Alex Murdaugh

South Carolina Supreme Court Orders New Trial for Former Lawyer Alex Murdaugh

South Carolina's highest court has vacated the 2023 murder conviction of former attorney Richard "Alex" Murdaugh, citing improper external influence by a county clerk on the jury. The unanimous decision reverses the denial of a motion for a new trial and sends the case back to lower court. Murdaugh will continue to serve time for separate financial…

Fitch Lowers Bangladesh Outlook Citing Heavy Exposure to Middle East Shock

Fitch Lowers Bangladesh Outlook Citing Heavy Exposure to Middle East Shock

Fitch Ratings moved Bangladesh's Long-Term Issuer Default Ratings outlook to Negative from Stable and maintained the IDRs at B+. The agency pointed to rising external and macroeconomic strains tied to the country's concentrated exposure to the Middle East, limited progress on fiscal and financial reforms, and a fragile banking sector as reasons for…

U.S. Overdose Fatalities Fall for Third Year as Naloxone Access Expands

U.S. Overdose Fatalities Fall for Third Year as Naloxone Access Expands

Preliminary data from the U.S. Centers for Disease Control and Prevention indicate a nearly 14% drop in drug overdose deaths in 2025 compared with the prior year. Experts attribute much of the decline to the widespread availability of naloxone, even as synthetic opioids remain the leading cause of fatalities and several states saw significant incre…

Iran War Stalls Turkey-PKK Peace Momentum, Both Sides Hold Back

Iran War Stalls Turkey-PKK Peace Momentum, Both Sides Hold Back

The outbreak of war involving Iran has interrupted a fragile window of progress between Turkey and the Kurdistan Workers' Party (PKK). With Ankara warning of possible Kurdish mobilisations in neighbouring states and the PKK citing security concerns, both sides have largely frozen forward movement on core issues - from legislative guarantees to disa…

Eastern NATO Allies Urge Stronger Air Defences After Repeated Airspace Breaches

Eastern NATO Allies Urge Stronger Air Defences After Repeated Airspace Breaches

Fourteen NATO allies meeting in Bucharest warned that repeated incursions into eastern flank airspace by Russian drones and other violations make it imperative to reinforce NATO air and missile defences, including protections against unmanned aerial vehicles. The joint statement also urged deeper cooperation to expand defence industrial capacity, r…

Czech National Bank Says Policy Stays Restrictive as April Inflation Picks Up

Czech National Bank Says Policy Stays Restrictive as April Inflation Picks Up

The Czech National Bank (CNB) said monetary policy remains restrictive after April 2026 consumer prices accelerated to 2.5% year on year, driven primarily by a sharp jump in fuel costs linked to the Iran war. Policymakers left the policy rate at 3.5% while flagging risks from global cost pressures and potential spillovers into other price categorie…

Gunfire Rings Out at Philippine Senate as Tensions Flare Over ICC Arrest Warrant

Gunfire Rings Out at Philippine Senate as Tensions Flare Over ICC Arrest Warrant

Gunshots were reported inside the Philippine Senate as people were instructed to take cover, witnesses said, amid mounting tension over a move to arrest Senator Ronald dela Rosa following the International Criminal Court's unsealing of an arrest warrant. Troops in camouflage, some armed with assault rifles, were seen at the building while dela Rosa…

Quaest Poll Shows Lula and Flavio Bolsonaro Neck-and-Neck Ahead of October Runoff

Quaest Poll Shows Lula and Flavio Bolsonaro Neck-and-Neck Ahead of October Runoff

A new Quaest survey, commissioned by brokerage Genial and conducted May 8-11 with 2,004 respondents, indicates a statistical tie between President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro in a simulated runoff. The poll places Lula at 42% and Bolsonaro at 41% in a second-round matchup, while a first-round scenario shows Lula leading w…

Zelenskiy Warns of Daylight Drone Waves as Russia Shifts Tactics

Zelenskiy Warns of Daylight Drone Waves as Russia Shifts Tactics

Ukrainian President Volodymyr Zelenskiy cautioned that Russia may mount multiple waves of drone strikes during the day, with more than a hundred drones reported in Ukrainian airspace. Kyiv's air force said 139 drones were launched since Tuesday evening, 111 of which were intercepted or neutralised. The change toward daytime attacks—alongside ongoin…

Trump Brings Nvidia CEO to Beijing Talks as Trade and Tech Issues Take Center Stage

Trump Brings Nvidia CEO to Beijing Talks as Trade and Tech Issues Take Center Stage

On May 13, President Donald Trump added Nvidia CEO Jensen Huang to his delegation en route to a Beijing summit with Chinese leader Xi Jinping, as his top trade negotiator began preparatory discussions in South Korea. The visit aims to preserve a fragile trade truce and pursue deals for U.S. farm goods and aircraft, while also addressing thorny topi…

Beijing Reiterates Opposition to U.S. Arms Sales as Trump Prepares to Meet Xi

Beijing Reiterates Opposition to U.S. Arms Sales as Trump Prepares to Meet Xi

China has restated firm opposition to U.S. weapons sales to Taiwan ahead of U.S. President Donald Trump's visit for a summit with Chinese President Xi Jinping. Beijing called Taiwan an internal issue and said Washington must meet international obligations, while Washington is legally bound to provide Taiwan with means of self-defence. The issue coi…

Philip Davis Secures Second Consecutive Term as Bahamas Prime Minister in Early Vote

Philip Davis Secures Second Consecutive Term as Bahamas Prime Minister in Early Vote

Philip Davis and the Progressive Liberal Party (PLP) won reelection in an early Bahamian general election, positioning Davis as the first leader in nearly 30 years to begin a second consecutive term. The PLP was projected to capture more than 30 of 41 seats, including two newly created constituencies, while the main opposition, the Free National Mo…

South Korea Considers Gradual Support for Hormuz Security After U.S. Defense Talks

South Korea Considers Gradual Support for Hormuz Security After U.S. Defense Talks

South Korea is weighing a phased approach to assisting international efforts to secure navigation through the Strait of Hormuz, Defense Minister Ahn Gyu-back said, outlining potential contributions that fall short of expanded military deployment. Speaking to South Korean reporters in Washington, Ahn said the options under review include political b…

S&P moves Mexico outlook to negative, maintains BBB ratings amid fiscal strain

S&P moves Mexico outlook to negative, maintains BBB ratings amid fiscal strain

S&P Global Ratings has shifted Mexico's long-term outlook to negative from stable while keeping the country's BBB foreign-currency and BBB+ local-currency sovereign ratings intact. The agency cites weak growth, persistent fiscal support for state energy firms, and a potential rise in debt and interest costs as drivers of increased risk; it warns a …

Colombia Records Worst Civilian Harm from Conflict in a Decade, ICRC Report Finds

Colombia Records Worst Civilian Harm from Conflict in a Decade, ICRC Report Finds

An International Committee of the Red Cross report says civilian suffering in Colombia reached its highest level in ten years in 2025, driven by intensified fighting and armed groups' violations of humanitarian norms. Official government data cited in the report show large rises in individual and mass displacement, confinement, explosive-related in…

U.S. Announces $22 Billion Plan to Rebuild Washington Dulles Airport

U.S. Announces $22 Billion Plan to Rebuild Washington Dulles Airport

U.S. Transportation Secretary Sean Duffy said the federal government plans a roughly $22 billion rebuilding of Washington Dulles International Airport, describing it as a "brand-new airport." The proposal, reportedly shared with airlines in May, would expand the terminal and add four new concourses with a completion horizon around 2034. The project…