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

2,554 total articles

Pope Leo’s First Year: From Low Profile to a More Forceful Global Voice

Pope Leo’s First Year: From Low Profile to a More Forceful Global Voice

Pope Leo marks one year as leader of the Roman Catholic Church having shifted from a cautious public posture to a more prominent, outspoken role on international issues. His recent statements criticizing war, despotism and violations of international law - voiced most visibly on a 10-day Africa tour - have prompted a sharp response from U.S. Presid…

Guatemala names Gabriel Estuardo Garcia Luna as new attorney general

Guatemala names Gabriel Estuardo Garcia Luna as new attorney general

President Bernardo Arevalo announced the appointment of Gabriel Estuardo Garcia Luna, a former judge and university professor who is currently serving as a criminal adviser to the top prosecutor’s office, as Guatemala’s next attorney general. The decision follows a Constitutional Court suspension and review of the selection process that removed inc…

Fitch Raises Argentina's Sovereign Rating as Fiscal and External Balances Improve

Fitch Raises Argentina's Sovereign Rating as Fiscal and External Balances Improve

Fitch Ratings raised Argentina's Long-Term Foreign Currency and Local Currency Issuer Default Rating to B- from CCC+ and assigned a Stable outlook, citing structural gains in fiscal and external balances, reform momentum under President Javier Milei, and improved prospects for rebuilding foreign exchange reserves. The agency highlighted policy achi…

James Murdoch Proposes $300 Million Bid for New York Magazine and Podcast Assets

James Murdoch Proposes $300 Million Bid for New York Magazine and Podcast Assets

James Murdoch is reported to be in advanced negotiations to acquire New York magazine and a slate of podcasts from Vox Media, with an offer near $300 million. Talks are ongoing, and sources indicate the assets could command a higher price before any transaction is completed. The move would expand Murdoch’s private holding company, Lupa Systems, whi…

U.S. Describes Strait of Hormuz Mission as Limited, Defensive and Temporary

U.S. Describes Strait of Hormuz Mission as Limited, Defensive and Temporary

U.S. Defense Secretary Pete Hegseth characterized a newly launched operation to protect commercial vessels in the Strait of Hormuz as a narrowly focused, temporary and defensive effort. Launched by President Donald Trump as Project Freedom, the operation follows Iran's closure of the strait after the conflict began on February 28. U.S. and Iranian …

Lula to Raise Organized Crime Cooperation with Trump During Upcoming Meeting

Lula to Raise Organized Crime Cooperation with Trump During Upcoming Meeting

Brazilian President Luiz Inacio Lula da Silva is expected to press U.S. President Donald Trump on a bilateral agreement to fight organized crime when the two meet this week, Vice President Geraldo Alckmin said. The initiative, announced in April, would link data from Brazil's federal tax authority with U.S. Customs and Border Protection to help int…

Sudan Army Alleges UAE and Ethiopia Involvement in Drone Strikes on Khartoum

Sudan Army Alleges UAE and Ethiopia Involvement in Drone Strikes on Khartoum

Sudan’s armed forces say they have evidence linking drone strikes that hit Khartoum International Airport and other locations to aircraft launched from Ethiopia’s Bahir Dar airport and to the United Arab Emirates. Ethiopia has rejected the accusations and the UAE has not replied to requests for comment. The strikes have disrupted a fragile return o…

Beirut school turned shelter spotlights sectarian strain as displacement rises

Beirut school turned shelter spotlights sectarian strain as displacement rises

A private Beirut school repurposed as a wartime shelter for more than 1,500 displaced people has become a focal point of rising social tensions in Lebanon. The presence of mainly Shi'ite families displaced by fighting between Israel and Hezbollah in March has prompted protests from parents and raised fears of renewed sectarian friction as many disp…

Turkey and Saudi Arabia Move Toward Visa-Free Travel for Citizens

Turkey and Saudi Arabia Move Toward Visa-Free Travel for Citizens

According to a Turkish diplomatic source, Turkey and Saudi Arabia plan to sign an agreement eliminating visa requirements for their citizens during talks between their foreign ministers in Ankara on Wednesday. The accord is expected to apply to holders of ordinary and diplomatic passports. The meeting, to be chaired by Foreign Minister Hakan Fidan …

Abbas’s Son Seeks Party Role as Succession Tensions Rise in Palestinian Leadership

Abbas’s Son Seeks Party Role as Succession Tensions Rise in Palestinian Leadership

Yasser Abbas, a wealthy businessman and son of President Mahmoud Abbas, is reported to be seeking a seat on Fatah’s Central Committee during a long-delayed party conference in Ramallah. His potential elevation has intensified a succession struggle over control of the Palestinian Authority and the PLO, drawing criticism from within Fatah and raising…

Gaza Craftsmen Build Basic Beds from Shipping Pallets as Wood Supplies Dry Up

Gaza Craftsmen Build Basic Beds from Shipping Pallets as Wood Supplies Dry Up

As restrictions limit the flow of construction materials into Gaza, local carpenters in the south are dismantling shipping pallets and other scrap wood to fashion simple beds, cupboards and shelves for families displaced by two years of fighting. The improvised furniture is cheaper than conventional sets, but production is hampered by shortages of …

Seven Hantavirus Cases Linked to Stranded Hondius Cruise Ship, WHO Says

Seven Hantavirus Cases Linked to Stranded Hondius Cruise Ship, WHO Says

The World Health Organization has reported two confirmed hantavirus infections and five suspected cases among people who travelled on the Hondius, a luxury expedition ship now held in the Atlantic near Cape Verde. The seven affected individuals include three fatalities, one patient in critical condition and three with mild symptoms. About 150 passe…

Truce Falters as U.S. and Iran Clash for Control of the Strait of Hormuz

Truce Falters as U.S. and Iran Clash for Control of the Strait of Hormuz

The tenuous ceasefire in the Middle East showed fresh signs of strain as U.S. and Iranian forces exchanged strikes while contesting control of the Strait of Hormuz. Washington said its navy destroyed Iranian small boats, cruise missiles and drones as it escorted tankers through the passage under an operation called "Project Freedom." Iranian offici…

Factory Explosion in Hunan Fireworks Hub Kills 21, Xi Orders Probe

Factory Explosion in Hunan Fireworks Hub Kills 21, Xi Orders Probe

An explosion at a fireworks factory in Liuyang, Hunan province, killed 21 people and injured 61. The blast occurred on Monday afternoon, prompting President Xi Jinping to call for a rapid investigation, strict accountability and strengthened risk controls in key industries. Rescue teams, including robots, conducted searches amid reports of high-ris…

U.S. Signals Possible Visa Restrictions as China Scales Back Repatriations

U.S. Signals Possible Visa Restrictions as China Scales Back Repatriations

A senior U.S. administration official says China has slowed its issuance of travel documents and cooperation on repatriating Chinese nationals who are in the United States illegally. With a presidential trip to Beijing imminent, U.S. officials are prepared to escalate measures - including higher cash bonds for visa applicants, additional visa denia…

Met Gala Draws High-Profile Arrivals as Protesters Target Bezos Sponsorship

Met Gala Draws High-Profile Arrivals as Protesters Target Bezos Sponsorship

Celebrities including Sam Smith, Doja Cat and Nicole Kidman arrived at the Metropolitan Museum of Art for the annual Met Gala, an event that drew protests over the involvement of Amazon founder Jeff Bezos and a reported $10 million sponsorship. Protesters outside the museum displayed slogans such as "tax the rich" and "eat the rich," while guests o…

Three Die After Small Plane Crashes Into Residential Building in Belo Horizonte

Three Die After Small Plane Crashes Into Residential Building in Belo Horizonte

On May 4 a small airplane carrying five people struck a three-story residential building in Belo Horizonte, southeastern Brazil, killing the pilot, co-pilot and one passenger. Three passengers were initially rescued in serious condition; officials later reported one of those passengers died in hospital while two remained hospitalized and stable. Au…