For centuries, control over trade routes has shaped the rise and fall of empires, determined economic power, and influenced global politics. Today, maritime trade remains the foundation of the world economy, with roughly 80 to 90 percent of global trade moving through sea routes. However, growing geopolitical tensions, wars, sanctions, climate change, piracy risks, and…
Meta (formerly Facebook) recently announced that it was laying of 10% of its workforce worldwide — about 8,000 employees. The company also announced that 7,000 employees would be transferred to new positions related to AI. As previously reported by “Globes,” more than 100 employees out of 1,000 Meta employees in Israel will lose their jobs….
“Our concern relates specifically to temporary exemptions that may still generate additional revenues for Russia’s war machine,” he posted on social media., external The original plan to ban oil products derived from Russian crude oil, such as jet fuel and diesel, entering the UK from third countries, was first announced as part of a raft…
Britain is eyeing a Mercosur deal because the EU’s landmark trade agreement with the South American bloc is putting British producers at a disadvantage, a UK trade minister told Euractiv. Chris Bryant said the EU deal has made European goods cheaper than British products for key markets such as Brazil and Argentina, putting Britain into…
Fresh escalation threat: Iran’s IRGC warned that any renewed US or Israeli attack would spread the war beyond West Asia, after Trump suggested another strike could be imminent. Hormuz tensions persist: Limited easing saw 26 vessels transit the Strait under Iranian coordination, but traffic remains far below pre-war levels, keeping energy markets on edge. Global…
ASHGABAT, Turkmenistan, May 23. Turkmenistan and Tajikistan discussed cooperation in energy, transport, agriculture, and trade, Trend reports via the press service of the Turkmen government. The issue was discussed during a meeting between President of Turkmenistan Serdar Berdimuhamedov and Prime Minister of Tajikistan Kokhir Rasulzoda held in Ashgabat as part of Rasulzoda’s visit to participate…
Beijing staged a carefully choreographed welcome for Russian President Vladimir Putin on Wednesday, using the visit to underline China’s deepening partnership with Moscow only days after President Xi Jinping hosted U.S. President Donald Trump. Putin was received at the Great Hall of the People with the full ceremony of a state visit, including an honour…
For years, Israel’s economy and its stock market appeared to exist in parallel rather than together. The country developed a global reputation in cybersecurity, software, and advanced technology, yet international investors often preferred gaining exposure to Israeli companies through Nasdaq rather than through the Tel Aviv Stock Exchange itself. That distinction is becoming harder to…
The conflicts in Ukraine, Iran, and Afghanistan are undermining the viability of Central Asia as an energy and transport hub. Eurasia’s trade corridors are fragmenting under the pressure of three simultaneously escalating conflicts. The Iran War has disrupted the world’s most critical sea lane. Ukraine is striking Russian oil export infrastructure across the Baltic, Black,…
Emmanuel Victor Smith, Ghana’s Ambassador to the United States, has held discussions with Frédéric Edem Hegbe, Togo’s Ambassador to the United States, aimed at deepening diplomatic, economic and security cooperation between the two neighbouring countries. The meeting in Washington, D.C. focused on regional integration, trade, transportation, energy and cross-border development, with both diplomats stressing the…
