War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up — a peace deal, however, won’t pull it back from the precipice.
Category: News
British Prime Minister Keir Starmer said he would ban social media sites for the under-16s and impose restrictions on gaming and livestreaming platforms, in some of the most far-reaching online restrictions to date globally.
The stepson of Norway’s Crown Prince Haakon has been found guilty of two counts of rape as well as domestic violence and other crimes and is sentenced to four years in prison, an Oslo court ruled on Monday.
When 33-year-old Princess Adjei set up her hair salon in downtown Durban in November, she had lived in South Africa since moving from Ghana as a toddler; there was no other place she called home.
The Ukrainian president said they discussed efforts to achieve an end to the more than four-year war.
U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Tehran’s nuclear program to further negotiations.
Four people were killed while the Kyiv Pechersk Lavra monastery, a symbol of Ukrainian spiritual and cultural history, caught fire, in the heaviest Russian air attack on the Ukrainian capital in two weeks, authorities said on Monday, urging residents to take shelter.
Investors are watching cautiously how quickly Middle Eastern producers can resume oil production and exports following damage from the war and whether more ships will enter the region.
With an agreement on a framework for a peace deal with Iran, U.S. President Donald Trump may have found a way to begin extricating himself from an unpopular war while setting global markets on a path toward easing energy prices that have spiked during the crisis.
Share markets surged in Asia on Monday while the dollar slipped and oil prices slid as news the United States had agreed to a peace deal with Iran boosted risk sentiment and promised to ease inflationary pressures globally.