UK inflation eases by less than anticipated ahead of Bank of England rate decision

UK inflation eases by less than anticipated ahead of Bank of England rate decision

Inflation in the UK dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate, official figures showed Wednesday. The Office of National Statistics said consumer prices rose by 3.4% in the year to May, down from 3.5% the previous month. That means inflation … Read more

UK manufacturers look elsewhere amid Trump tariffs: study

UK manufacturers look elsewhere amid Trump tariffs: study

The United States is no longer a top three export market for British manufacturers in the wake of President Donald Trump‘s tariffs, an industry-wide survey revealed Monday. For the first time since 1988, when manufacturers’ organisation Make UK began such a poll, the United States is not “the second most favoured destination for export growth… … Read more

Cyprus says it has been asked by Iran to convey ‘some messages’ to Israel

Cyprus says it has been asked by Iran to convey ‘some messages’ to Israel

Iran has asked Cyprus to convey “some messages” to Israel, President Nikos Christodoulides said on Sunday, adding he expected to speak to Prime Minister Benjamin Netanyahu later in the day. He did not say who specifically the messages were from or what they said, although they come after the Cypriot foreign minister spoke to his … Read more

Video: 3 Deals in 3 Countries on Trump’s Trip

Video: 3 Deals in 3 Countries on Trump’s Trip

Three countries on President Trump’s Middle East tour this week are also the sites of recent investments in Trump businesses that benefit the president. Eric Lipton, an investigative reporter for The New York Times, describes those investments, and what those countries — Saudi Arabia, Qatar and the United Arab Emirates — are, at the same … Read more

‘Gold to stay bullish… in long-term horizon, it may test Rs 1 lakh’: Anuj Gupta of HDFC Securities

‘Gold to stay bullish… in long-term horizon, it may test Rs 1 lakh’: Anuj Gupta of HDFC Securities

Gold prices in India reached a new all-time high on Wednesday, March 19, crossing Rs 90,000 per 10 grams. This increase is attributed to rising geopolitical tensions in the Middle East, uncertainties in global trade, and anticipation regarding the US Federal Reserve’s monetary policy decision. The geopolitical situation in the Middle East has been a … Read more

Hezbollah Stages Show of Strength at Hassan Nasrallah’s Funeral

Hezbollah Stages Show of Strength at Hassan Nasrallah’s Funeral

Hezbollah put on a show of strength on Sunday with an elaborate and sprawling funeral for its assassinated leader, Hassan Nasrallah, an event the Iran-backed militant group hopes will revive its battered image in Lebanon after the latest war with Israel. Tens of thousands of people from across the country and region flocked to the … Read more

Steven Witkoff, Trump’s Envoy to the Middle East, to Meet Netanyahu in Israel

Steven Witkoff, Trump’s Envoy to the Middle East, to Meet Netanyahu in Israel

President Trump’s Middle East envoy is scheduled to meet Prime Minister Benjamin Netanyahu in Israel on Wednesday, according to a spokesman for Mr. Netanyahu. The visit by the envoy, Steven Witkoff, was set to take place as Israeli and Hamas officials prepared for a new round of negotiations aimed at cementing the current cease-fire in … Read more

US Secretary of State Antony Blinken heads back to Middle East as Gaza truce hopes rise

US Secretary of State Antony Blinken heads back to Middle East as Gaza truce hopes rise

Washington: US Secretary of State Antony Blinken left Saturday on a mission to the Middle East to push ahead a Gaza ceasefire deal, as cautious optimism rises. The top US diplomat, who is putting off vacation plans for his ninth trip to the Middle East since Hamas attacked Israel on October 7, will fly to … Read more

Iran seesawing vote results put race between reformist Masoud Pezeshkian and hard-liner Saeed Jalili

Iran seesawing vote results put race between reformist Masoud Pezeshkian and hard-liner Saeed Jalili

Hard-line former Iranian senior nuclear negotiator and candidate for the presidential election Saeed Jalili casts his ballot in a polling station, in Tehran, Iran, on June 28, 2024. Iranians are voting in a snap election to replace the late hard-line President Ebrahim Raisi. | Photo Credit: AP Early, seesawing results released Saturday in Iran’s presidential … Read more