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What’s next for oil as OPEC+ and Trump shake the market? | Business and Economy

OPEC+ is opening the oil taps again, while Donald Trump’s tariffs target Russian crude buyers. OPEC+, which includes Saudi Arabia and Russia, has agreed to another large production hike in September. That’s despite a warning by the International Energy Agency, the extra barrels could tip the market into oversupply later this year. US President Donald […]

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Former Peruvian president imprisoned over corruption allegations

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Martin Vizcarra will become the fifth Peruvian ex-president jailed in recent years amid period of political turbulence. A judge in the South American nation of Peru has ordered the country’s ex-president, Martin Vizcarra, to be held in pre-trial detention over bribery allegations. In a hearing on Wednesday, Judge Jorge Chavez ordered Vizcarra jailed for five

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Bezalel Smotrich says he approves E1 settlement plan in West Bank

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Bezalel Smotrich says he approves E1 settlement plan in West Bank | The Jerusalem Post Jerusalem Post/Israel News “The plan is the ‘final nail in the coffin’ for the concept of a Palestinian state,” Finance Minister Bezalel Smotrich remarked. Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, August 6, 2025 (photo

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China launches 8th batch of satellites for 13,000-strong internet megaconstellation (video)

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China is ramping up construction of its national satellite-internet megaconstellation. A Long March 5B rocket lifted off from Wenchang Space Launch Center on the island of Hainan on Wednesday (Aug. 13) at 2:43 a.m. EDT (0643 GMT; 2:43 p.m. local time), carrying a batch of satellites aloft for the Guowang broadband network. The mission to

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What’s at stake at the Alaska summit for all sides? | Russia-Ukraine war

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Ukraine and European allies are anxious about the upcoming Trump-Putin summit in Alaska. US President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska for talks on the war in Ukraine. But concern is increasing in Kyiv and among its European allies over fears of Ukraine being sidelined. So, what’s at

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Japan’s Nikkei 225 hits all-time high after US inflation remains steady

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Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve. Japan’s benchmark stock market index has topped its all-time high for a second straight day amid expectations of an interest rate cut in the United States and easing trade tensions between Washington and Beijing. The Nikkei

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Guatemala judge convicts 6 ex-officials in deaths of 41 girls in 2017 fire

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The fatal blaze rocked Guatemala and highlighted widespread abuse in the government’s shelter system. A Guatemalan court has convicted six people in connection with the deaths of 41 girls at a state-funded youth shelter in 2017. On Tuesday, Judge Ingrid Cifuentes gave the former officials, who had all pleaded not guilty, sentences of between six

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19 EU countries condemn Israel’s ‘restrictive’ aid rules in Gaza – POLITICO

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“Humanitarian space must be protected, and aid should never be politicised,” it continued. “However, due to restrictive new registration requirements, essential international NGOs may be forced to leave the OPTs imminently which would worsen the humanitarian situation still further.” The statement further implores Israel to authorize all international NGOs and “unblock” humanitarian actors, as well

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Far-right AfD tops German popularity ranking in bombshell new survey – POLITICO

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In Britain, Nigel Farage’s hard-right Reform UK is also topping polls amid broad public dissatisfaction with Prime Minister Keir Starmer’s Labour government. While POLITICO’s Poll of Polls shows that Germany’s conservative Christian Democrats maintain a slight lead over the AfD in an aggregation of voter surveys, the far-right party has climbed since snagging almost 21

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