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Economy

Do Kwon, South Korean Crypto Executive, Pleads Guilty to Fraud

Do Kwon, the once-celebrated founder of Terraform Labs, has admitted guilt in a U.S. court to charges of conspiracy and wire fraud linked to…

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Kurdistan’s Power Breakthrough While Iraq’s Grid Collapses

Iraq has faced a worsening electricity crisis for decades, despite spending billions. In contrast, the Kurdistan Region launched the “Ronaki” project in 2024 to…

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Tesla Expands in India Despite High Tariffs and Market Challenges

Tesla launched its second showroom in India, opening in New Delhi just weeks after entering the market with its Model Y electric SUV. The…

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The $5 Million Mars Rock Mystery

A 25-kilogram meteorite from Mars, known as NWA 16788, sold for over $5 million at a New York auction, setting a world record. Discovered…

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Soybeans at the Heart of US-China Trade Drama

Soybeans are no longer just an agricultural product; they are now at the center of high-stakes US-China trade negotiations. As the world’s largest soybean…

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The Biggest Players in Crypto (2025)

As of July 2025, Bitcoin leads the $3.81 trillion cryptocurrency market with a $2.36 trillion valuation, followed by Ethereum, XRP, and stablecoins like Tether…

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Most Americans Feel Grocery Price Stress

A new AP-NORC poll shows most Americans are stressed about rising grocery costs, with many blaming tariffs and trade policies for keeping prices high…

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Italy Hits Shein With $1.15 million Over Misleading “Green” Claims

Italy’s antitrust authority has fined Shein’s European operator, Infinite Styles Services, €1 million ($1.15 million) for falsely marketing the brand’s clothing as sustainable and…

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Semiconductors & Trump’s 100% Tariff Threat — Explained

Trump is threatening 100% tariffs on foreign-made computer chips to push tech manufacturing back to the US, a move that could raise electronics prices…

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Trump announces 100% tariffs on imported chips

President Donald Trump announced plans to impose a 100% tariff on imported semiconductors, with a major exception for companies that manufacture or commit to…

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Trump’s $600 Million Year: Where the Money Came From in 2024

From golf and hotels to token sales and merchandise, Trump’s 2024 income reveals a diversified, brand-driven business model.

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Could Tehran Run Dry Within Months?

Iranian President Masoud Pezeshkian warned Thursday that Tehran’s water reservoirs could run dry by October unless citizens drastically reduce their water use. With levels…

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Ceasefire Extended Between Israel and Lebanon

A three-week extension of the ceasefire between Israel and Lebanon has been announced as tensions remain high along the northern border. The truce aims…

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Congressman Warns on Middle East Strategy

Mark DeSaulnier warned that the Middle East’s deep history and complexity require a more thoughtful and measured approach. He criticized current U.S. strategy, arguing…

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Congressman Says Iran Key to Israel-Lebanon Talks

Glenn Ivey says progress in Israel-Lebanon negotiations will ultimately depend on Iran’s role in the region. He noted uncertainty around current diplomatic efforts, suggesting…

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