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

1,442 total articles

FCA Urges Tighter Standards in Second Charge Mortgage Market

FCA Urges Tighter Standards in Second Charge Mortgage Market

The Financial Conduct Authority has reviewed firms operating in the second charge mortgage market and found shortcomings in how some lenders and brokers advise customers, assess affordability and disclose fees. The FCA warns these weaknesses could increase the risk of financial harm for borrowers, particularly those seeking to consolidate existing …

Russian Court Imposes Life Terms for Group Linked to Deadly Concert Hall Massacre

Russian Court Imposes Life Terms for Group Linked to Deadly Concert Hall Massacre

A Russian military court has sentenced four Tajik men to life imprisonment and handed long terms to 15 other defendants for their roles in a mass shooting at Crocus City Hall on March 22, 2024, which killed 149 people. The Islamic State-Khorasan group claimed responsibility; prosecutors had charged 19 people in the case. Trials were conducted behin…

Federal Judge Temporarily Halts Work on Maryland Immigration Detention Conversion

Federal Judge Temporarily Halts Work on Maryland Immigration Detention Conversion

A federal judge granted a short-term restraining order that stops construction on a Maryland warehouse being converted into an immigration detention facility. The state sued, arguing federal authorities failed to conduct a proper environmental review or solicit public input before spending over $100 million to retrofit the site for up to 1,500 deta…

Two Bodies Recovered in Queensland as Search Continues for Missing Chinese Tourists

Two Bodies Recovered in Queensland as Search Continues for Missing Chinese Tourists

Australian authorities recovered two bodies from a car in the Gympie region of Queensland during a search for two missing Chinese backpackers. The pair, a 26-year-old man and a 23-year-old woman, were reported to have been travelling to North Burnett. Flooding across parts of Queensland and the Northern Territory has left towns isolated and prompte…

Fighting Continues as Tankers Burn and Energy Markets Reel

Fighting Continues as Tankers Burn and Energy Markets Reel

The conflict between the United States and Iran shows no immediate sign of ending after recent strikes that have set tankers ablaze in Iraqi waters and struck vessels near the Strait of Hormuz. U.S. leaders and Iranian commanders signalled sustained military objectives, while global energy markets reacted sharply to disruptions and to coordinated r…

U.S. Intelligence Sees Iranian Government Holding Firm Despite Heavy Strikes

U.S. Intelligence Sees Iranian Government Holding Firm Despite Heavy Strikes

U.S. intelligence reporting compiled in recent days finds Iran’s ruling clerical establishment largely intact and not facing imminent collapse after nearly two weeks of intensive U.S. and Israeli strikes. Sources say the analysis is consistent across a multitude of reports, though officials acknowledge the situation on the ground is fluid and could…

Lower Chamber Rejects Sheinbaum’s Electoral Overhaul as Coalition Frays

Lower Chamber Rejects Sheinbaum’s Electoral Overhaul as Coalition Frays

An electoral reform put forward by President Claudia Sheinbaum failed to obtain the constitutionally required supermajority in the lower house after allied parties withheld support, registering 259 votes for, 234 against and one abstention. The vote exposed a rare split in the governing coalition. Sheinbaum has proposed pursuing modifications to se…

Trump Declares Victory Over Iran but Signals Continued Military Engagement

Trump Declares Victory Over Iran but Signals Continued Military Engagement

Speaking at a rally in Hebron, Kentucky on March 11, President Donald Trump asserted that the United States had won the conflict with Iran, saying the outcome was effectively decided within the first hour. He claimed U.S. forces had disabled 58 Iranian naval vessels and stressed that American troops would remain in place until the job was completed…

Pentagon and Anthropic at Odds After Refusal to Remove AI Safeguards

Pentagon and Anthropic at Odds After Refusal to Remove AI Safeguards

A dispute between the U.S. Department of Defense and AI lab Anthropic intensified in late February after Anthropic declined Pentagon requests to relax safety restrictions on its models. The DoD labeled the company a "supply-chain risk," triggering federal agencies and major contractors to move away from the firm and prompting Anthropic to sue. Lega…

Explosive-laden sea drones strike oil tankers as Gulf tensions deepen

Explosive-laden sea drones strike oil tankers as Gulf tensions deepen

Maritime agencies and analysts report at least two recent attacks on oil tankers in the Gulf using explosive-carrying unmanned surface vessels. The incidents, occurring off Oman and near Iraq, highlight a new maritime threat in a period of heightened confrontation involving the U.S., Israel and Iran, and come as Tehran signals it may obstruct shipm…

Investigation Points to Outdated Targeting Data in Strike on Iranian Girls' School

Investigation Points to Outdated Targeting Data in Strike on Iranian Girls' School

Two anonymous sources say outdated intelligence appears to have been used in a strike on a girls' school in Minab that killed scores of children. Video experts say footage appears to show a U.S. Tomahawk missile hitting the area. U.S. officials have opened an investigation and have declined further comment; Iran reports 150 students were killed.

Trump Dismisses Concern Over Possible Iran-Backed Strikes on U.S. Soil

Trump Dismisses Concern Over Possible Iran-Backed Strikes on U.S. Soil

President Donald Trump said he was not concerned that Iran would extend retaliation to strikes on U.S. soil, even as an FBI alert distributed to local police cited a February intelligence report alleging Iran aspired to use drones launched from an unidentified vessel off the U.S. coast to strike unspecified targets in California. U.S. and Israeli s…

UK Publishes Initial Vetting Records on Mandelson’s Washington Appointment

UK Publishes Initial Vetting Records on Mandelson’s Washington Appointment

The British government has released the first set of documents relating to Peter Mandelson's appointment as ambassador to the United States. The papers, published amid an active police inquiry into allegations that Mandelson leaked government material to the late sex offender Jeffrey Epstein, have reignited scrutiny of Prime Minister Keir Starmer's…

Poland Seeks Cross-Border Assistance in Probe of Epstein-Linked Trafficking

Poland Seeks Cross-Border Assistance in Probe of Epstein-Linked Trafficking

Polish prosecutors have opened an investigation into suspected human trafficking tied to the late U.S. sex offender Jeffrey Epstein and will request information and material assistance from two other European countries. Documents in the Epstein files created what authorities describe as a reasonable suspicion that trafficking took place in Poland b…

Israel Sees No Guarantee Iran’s Clerical Government Will Fall as Bombing Continues

Israel Sees No Guarantee Iran’s Clerical Government Will Fall as Bombing Continues

Israeli officials, speaking in closed discussions, have concluded that there is no certainty the ongoing U.S.-Israeli bombing campaign will topple Iran's clerical government. Despite the deaths of Iran's supreme leader and senior commanders, mass uprisings have not materialized amid intense strikes and threats of lethal force by Iranian security se…

Settler Attacks in West Bank Surge as Military Movement Curbs Hinder Aid

Settler Attacks in West Bank Surge as Military Movement Curbs Hinder Aid

Since airstrikes against Iran began on February 28, military-imposed roadblocks and closures have restricted movement in the occupied West Bank, rights groups, medics and villagers say. That tightening of access has coincided with a marked rise in deadly attacks by Israeli settlers, with at least five Palestinians killed in the past week and delays…

Los Angeles Studio Trains Autistic Adults for Careers in Hollywood Visual Effects

Los Angeles Studio Trains Autistic Adults for Careers in Hollywood Visual Effects

Exceptional Minds, a nonprofit vocational academy and visual effects studio for adults on the autism spectrum, provides a three-year training program and studio experience that has placed graduates on major film and television projects. The organization combines technical instruction in visual effects and animation with social skills coaching and w…

London Police Prohibit Annual Al Quds March Citing Risk of 'Extreme Tensions'

London Police Prohibit Annual Al Quds March Citing Risk of 'Extreme Tensions'

Metropolitan police have used a rarely-invoked power to ban the annual Al Quds march in central London, citing the potential for severe public disorder and warnings from security services about threats connected to the Iranian regime. The decision also covers counter-protest marches; organisers say the event was intended to show support for Palesti…