Category: World

Gold prices are poised to close August with a monthly gain, buoyed by growing expectations of a U.S. Federal Reserve interest rate cut in September and a weaker dollar. The rally reflects renewed investor interest in safe-haven assets as economic uncertainty and policy shifts continue to shape global markets. According to analysts at UBS and […]

WASHINGTON — Federal Reserve Governor Lisa Cook has filed a lawsuit against President Donald Trump, challenging what she calls an “unprecedented and illegal” attempt to remove her from office over unproven mortgage fraud allegations. The legal action, filed on August 28, comes days after Trump issued a letter stating his intent to dismiss Cook, citing […]

JAKARTA — Public unrest has intensified in Indonesia’s capital after student groups called for protests at Jakarta’s police headquarters on Friday, following the death of a motorcycle ride-sharing driver struck by a police tactical vehicle. The incident occurred on Thursday evening near the Bendungan Hilir flats, where police were dispersing demonstrators. The victim, identified as […]

Office of the Spokesperson Secretary Rubio’s Call with Foreign Minister Fidan  August 28, 2025 The below is attributable to Principal Deputy Spokesperson Tommy Pigott: Secretary of State Marco Rubio spoke today with Turkish Foreign Minister Hakan Fidan to discuss strengthening U.S.-Turkish bilateral relations and our cooperation as NATO Allies.  They also discussed their continued support for peace […]

SEGAMAT — A 3.4-magnitude earthquake struck Segamat, Johor at 4:24 a.m. on Friday, August 29, marking the fifth seismic event in the region within six days, according to the Malaysian Meteorological Department (MetMalaysia). The quake’s epicentre was located 22 kilometres northeast of Segamat at a depth of 10 kilometres. Tremors were felt across parts of […]

Around 260,000 civilians – including 130,000 children – remain trapped in the area’s main camp for internally displaced people, enduring desperate conditions without aid for more than 16 months. The Rapid Support Forces (RSF), which has been battling forces of the military government for control of Sudan for over two years, has cut off all […]

BASEL — Scientists at the University of Basel have developed a custom-built molecule capable of storing solar energy in the form of four stable electric charges, marking a major advance in the pursuit of artificial photosynthesis—a technology long considered the holy grail of renewable energy. The molecule, composed of five linked components, can hold two […]

LONDON — UBS has raised its lithium price forecasts following regulatory-driven mine closures in China, reigniting investor interest in a sector that has faced years of oversupply and falling prices. The bank now expects spodumene prices to rise by up to 32% and lithium carbonate and hydroxide prices by 4–17% across the 2025–2028 period. The […]

BRUSSELS — The European Union has formally proposed removing tariffs on U.S. industrial goods, a key step in implementing last month’s transatlantic trade agreement aimed at reducing American duties on European car exports. Under the deal, the U.S. will lower its tariff on EU-made cars and car parts from 27.5% to 15%, a move expected […]

BEAVERTON, Ore. — Nike has announced plans to reduce its global workforce by less than 1%, as part of a broader effort to reposition the company through its new “sport offense” strategy. The move, disclosed in an internal memo signed by CEO Elliott Hill and senior leadership, aims to refocus the brand on core sports […]