President Donald Trump has issued a severe warning to Tehran, pledging that the United States would “massively blow up the entirety” of the South Pars natural gas field—the world’s largest—should Iran launch further attacks against Qatar. The statement, released via social media on Wednesday night, follows a series of rapid military escalations in the region: […] Read more
Escalating tensions between Iran, the United States, and Israel have intensified geopolitical uncertainty and disrupted global energy markets. Iran has warned that it will block oil exports from the Middle East if attacks by the United States and Israel continue. In response, U.S. President Donald Trump has threatened severe retaliation, signaling the possibility of a […] Read more
The delta variant was first detected in India last October and it led to a massive second wave of Covid-19 cases in the country. Since then, the highly infectious strain has spread globally. The variant has usurped the previously dominant alpha variant, first detected in the U.K. last fall, and has prompted further waves of infections in […] Read more
In March last year, a top venture capital firm described Covid-19 as the “black swan of 2020.” “Private financings could soften significantly, as happened in 2001 and 2009,” Sequoia Capital told portfolio company founders and CEOs in a memo reminiscent of its “R.I.P. Good Times” presentation in the 2008 crisis. Fast forward to July 2021, […] Read more
People who are fully vaccinated against Covid-19 are still getting infected with the delta variant, but global health officials said the shots have protected most people from getting severely sick or dying. “There are reports coming in that vaccinated populations have cases of infection, particularly with the delta variant,” Dr. Soumya Swaminathan, the World Health […] Read more
President Joe Biden pressed Russian President Vladimir Putin in a phone call Friday morning to take action to stem recent ransomware attacks from Russia-based groups. “I made it very clear to [Putin] that the United States expects, when a ransomware operation is coming from their soil even though it’s not, not, sponsored by the state, that we expect […] Read more
The World Health Organization is urging “extreme caution” against lifting public health measures in countries around the world as the Covid pandemic rages in countries with low vaccination rates and puts other regions at risk for the spread of variants. Countries with high vaccination rates like the United States and the United Kingdom have been gradually lifting […] Read more
GUANGZHOU, China — China’s government has opened a new battlefront with the country’s technology giants, looking to target their collection and use of data. On Monday, the Cyberspace Administration of China (CAC) also opened a cybersecurity probe into U.S.-listed Boss Zhipin and subsidiaries of Full Truck Alliance. It came a day after the CAC ordered app stores in the country to […] Read more
Stocks rose on Friday and the S&P 500 hit another record high after the June jobs report showed an accelerating recovery for the U.S. labor market. The broad market index rose 0.75% to 4,352.34, while the tech-heavy Nasdaq Composite climbed 0.81% to notch its own record at 14,639.33. The Dow Jones Industrial Average added 152.82 […] Read more
OPEC heads into Thursday’s meeting with Russia and other allies with a better command of world oil prices than it has had in years, analysts said. OPEC+, the organization of oil-producing countries and its allies, is expected to consider adding between 500,000 and 1 million barrels per day, but analysts said there is some talk […] Read more
