Global markets are experiencing a sharp decline, with Asian shares falling for the third consecutive session on Tuesday. The drop follows a turbulent day on Wall Street, where the Nasdaq 100 recorded its steepest decline since 2022. Investor anxiety is mounting, fueled by concerns that economic policies and geopolitical uncertainty could stifle growth in the…
X (formerly Twitter) experienced a major cyberattack on Monday, causing multiple outages throughout the day. Elon Musk, the platform’s owner, hinted that a well-organized group or even a nation-state might be behind the attack, marking one of the most serious incidents the platform has faced. According to Downdetector, X faced three significant outages on Monday,…
British shares started the week on a sour note, with markets rattled by ongoing worries about global economic growth and the uncertainty surrounding U.S. tariffs. The blue-chip FTSE 100 dropped 0.5% by 10:50 GMT on Monday, poised for its fifth consecutive session of losses if the downturn holds. Investors remained on edge following U.S. President…
Oil prices declined on Monday as concerns over the impact of U.S. import tariffs on global economic growth and fuel demand weighed on the market. Additionally, rising output from OPEC+ producers added further pressure on prices. Brent crude saw a slight drop of 6 cents, settling at $70.30 per barrel by 07:20 GMT after a…
In a political shake-up that could redefine Canada’s future, former central banker Mark Carney has won the leadership of the ruling Liberal Party, succeeding Justin Trudeau as the country’s prime minister. Carney’s victory, with a commanding 86% of the vote over former Finance Minister Chrystia Freeland, marks a pivotal moment for Canada as it grapples…
Bitcoin’s price tumbled to $82,267 late Sunday night, marking a 5% decline over the past 24 hours, according to market data obtained on Monday. This downturn reflects the broader instability in the cryptocurrency market, which saw a collective 5% drop, reducing its total valuation to approximately $2.77 trillion. The slump wasn’t limited to Bitcoin alone….
The United States has decided not to renew a sanctions waiver that previously allowed Iraq to purchase electricity from neighboring Iran. The move, confirmed by a spokesperson for the U.S. embassy in Baghdad on Sunday, raises concerns over Iraq’s energy security as the country remains heavily reliant on Iranian imports. Despite possessing vast oil and…
Belgium’s goalkeeping situation has taken a dramatic turn, with Koen Casteels announcing that he is stepping away from international duty. His decision comes as Real Madrid’s Thibaut Courtois is poised for a return to the national team, despite lingering tensions from his past fallout with the squad. Casteels, 32, was Belgium’s first-choice goalkeeper at Euro…
Nigeria’s total merchandise trade witnessed significant growth in the fourth quarter of 2024, fueled by a surge in imports and stable export performance. According to the latest Foreign Trade in Goods Statistics report from the National Bureau of Statistics (NBS), total trade for the quarter reached N36.6 trillion. This marks a remarkable 68.3% increase from…
Tensions between Iran and the United States have escalated once again, with Iran’s Supreme Leader, Ayatollah Ali Khamenei, strongly criticizing what he described as “bullying tactics” by foreign powers. His remarks came in response to U.S. President Donald Trump’s latest threat of military action if Tehran refuses to engage in new negotiations over its nuclear…
