The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue. Prime Minister Keir Starmer summoned lawmakers for the unusual Saturday sitting, only the sixth since World War II, to back a bill primarily…
Editor’s Note: This article contains graphic images and descriptions. Christine Pascual’s phone started buzzing while she was at work in a hair salon with messages saying former Philippine President Rodrigo Duterte was about to be arrested. Laxamana, a 17-year-old with dreams of becoming an online gamer, went missing in August…
Russian missiles hit the northeastern Ukrainian city of Sumy in the deadliest attack this year, killing at least 24 people, including one child, as residents gathered for Sunday church services, local officials said. At least 84 people, including seven children, have also been wounded in the strike on the city’s…
The previous weekly note categorically mentioned that while the markets may continue to decline, the Indian equities are set to outperform its global peers relatively. In line with this analysis, the market saw wide swings owing to prevailing global uncertainties but continued showing remarkable resilience against other global indices. The…
S&P 500 earnings are in for 2024 Q4, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 index ($SPX), indicating where the S&P 500 would have to be to have an overvalued P/E of 20 (red line), a fairly valued P/E…
In 2024-2025, the United States significantly escalated its trade conflict with China through new tariffs, including a substantial 100% tariff on electric vehicles and 50% on essential technologies like semiconductors and solar products. These measures amplify the existing trade tensions and represent a profound shift towards economic decoupling between the…
Does America want its friends back? After three months of insulting, tariffing and even threatening to annex some of its best allies, the Trump administration suddenly needs some help. The US President has now escalated a full-on trade clash with China that he doesn’t seem to know how to win.…
Doctors in Argentina were already on high alert when a pregnant Russian woman showed up at the hospital on March 21 with two other women to give birth. Hospital staff in the Patagonian city of Bariloche had seen them before – four days earlier, they struggled to answer questions about…
Former South Korean President Yoon Suk Yeol moved back on Friday with his wife and their 11 dogs and cats to their apartment in an upscale district of Seoul, close to the prosecutors’ office where the impeached leader worked before entering politics. Yoon and his wife Kim Keon Hee, known…
A small group of reservists from Israel’s elite military intelligence unit joined a call for an immediate return of the hostages in Gaza even if it requires an immediate end to the war, in a sign of a growing protest movement after more than 18 months of war. The public…