El Salvador’s President Nayib Bukele has officially secured the presidential nomination of his ruling Nuevas Ideas party, positioning him to seek a third consecutive term in office in the country’s next general election. The nomination was confirmed by the ruling party after Bukele emerged as its sole candidate during the party’s primary election, paving the…
Wall Street came under pressure on Monday as investors reacted to renewed geopolitical tensions in the Middle East following President Donald Trump’s decision to reinstate the United States blockade of Iranian ships passing through the Strait of Hormuz. The move sparked fresh concerns about global energy supplies, sending oil prices higher and weighing on major…
Malaysia has reaffirmed its longstanding policy of not recognizing Israel, with Prime Minister Anwar Ibrahim declaring that any Israeli national found in the country will be deported immediately. The statement was made on Wednesday as Malaysian authorities investigate allegations that an Israeli citizen may have been involved in the operations of a private residential community…
The Bank of Korea (BOK) has increased its benchmark interest rate by 25 basis points, raising the base rate from 2.50 percent to 2.75 percent in its first monetary policy tightening since January 2023. The decision, announced after the central bank’s Monetary Policy Board meeting on July 16, 2026, comes as South Korea grapples with…
Nicaragua has officially severed diplomatic relations with Italy, escalating a decades-long dispute over the extradition of former Red Brigades member Alessio Casimirri, who has lived in the Central American country for more than four decades. The Nicaraguan government announced the decision on Thursday through its Ministry of Foreign Affairs, stating that the move was prompted…
The United States House of Representatives has approved an amendment that seeks to withhold 100 percent of U.S. assistance to Nigeria until the Nigerian government meets specific conditions aimed at addressing violence and ensuring greater accountability for attacks, particularly those affecting Christian communities. The amendment, sponsored by Congressman Gregory Steube, was adopted through a voice…
U.S. Treasury Secretary Scott Bessent has affirmed that the country’s gold reserves stored at Fort Knox remain fully accounted for, stating that the United States currently holds more than $1 trillion worth of gold based on prevailing market prices. Bessent made the remarks during an interview with Fox News, where he discussed the history of…
New York has experienced a significant decline in its population of millionaire households over the past decade, resulting in an estimated $12.2 billion in unrealized annual tax revenue, according to a new report released by the National Taxpayers Union Foundation (NTUF). The report highlights a growing trend of high-income earners relocating from the state to…
Veteran U.S. Senator Lindsey Graham, one of the Republican Party’s most influential figures and a close ally of President Donald Trump, has died at the age of 71 following what his office described as a brief and sudden illness. The South Carolina lawmaker passed away on Saturday, according to a statement released by his office….
Nigeria, Ghana, Côte d’Ivoire and Cameroon are set to make history with the launch of a landmark partnership aimed at transforming Africa’s cocoa industry by ending decades of dependence on raw cocoa exports and increasing local processing across the continent. The four countries, which collectively produce nearly two-thirds of the world’s cocoa, are expected to…
