Commodity markets are in a ‘super squeeze’— higher prices may continue

SUIXI, CHINA – DECEMBER 30: An employee works on the production line of aluminum foil at a workshop of Anhui Limu New Material Technology Co., Ltd on December 30, 2023 in Suixi County, Huaibei City, Anhui Province of China. (Photo by Li Xin/VCG via Getty Images) Vcg | Visual China Group | Getty Images Global … Read more

Trump Pressuring GOP Senators To ‘Kill’ Biden’s Border Deal

WASHINGTON – Donald Trump on Wednesday privately pressured Senate Republicans to “kill” a bipartisan deal to secure the U.S. border because he doesn’t want President Joe Biden to chalk up a win ahead of the 2024 presidential election, according to a source familiar with the tenuous negotiations on the package. Trump directly reached out to … Read more

How chaos in the Red Sea is putting the U.S. Navy to the test

The U.S. Navy is encountering a tenacious threat in the Red Sea. The Iran-backed Houthi rebels have launched wave after wave of low-cost precision weapons at vessels transiting the area, including attacks on U.S. warships themselves. “That’s one of the things [that] the Red Sea sort of demonstrates … we never know where the maritime … Read more

‘You are not powerless’: CIA eyes Russian double agents in recruitment bid – National

The U.S. Central Intelligence Agency has released a slickly produced Russian-language video to try to persuade Russian intelligence employees to switch sides and work as double agents for Washington. CIA Director William Burns said in July that disaffection among some Russians over the war in Ukraine was creating a rare opportunity to recruit spies, and that the … Read more

At least 25 dead after shelling of a market in Russian-occupied Ukraine, officials say – National

At least 25 people were killed Sunday by shelling at a market on the outskirts of the city of Donetsk in Russian-occupied Ukraine, local officials reported. A further 20 people were injured in the strike on the suburb of Tekstilshchik, including two children, said Denis Pushilin, head of the Russian-installed authorities in Donetsk. He said that the shells … Read more

Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears

Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Future Publishing | Getty Images Ukraine’s Foreign Minister Dmytro Kuleba told CNBC Thursday that he does not think there would be a big shift in support away from his country if Donald … Read more

Biden hosts Speaker Johnson, Sen. Schumer, push Ukraine, Israel aid

Senate Majority Leader Charles Schumer, D-N.Y., left, and Speaker of the House Mike Johnson, R-La., attend a Menorah lighting to celebrate the eight-day festival of Hanukkah, in the U.S. Capitol on Tuesday, December 12, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images President Joe Biden hosted Speaker Mike Johnson and Senate Majority Leader … Read more

Russian demand for Dubai property is slowing, China’s is up: DAMAC

Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and a surge in expat demand, particularly from Russia in the wake of the start of Moscow’s full-scale war with Ukraine. Some of Dubai’s luxury developments cater specifically to Russian buyers, with … Read more

Switzerland hosts Ukraine’s Zelenskyy, offers to hold peace summit with Russia – National

Swiss President Viola Amherd said Monday, during a visit by Ukrainian President Volodymyr Zelenskyy to Bern, that her country has offered to organize a peace summit that aims to help bring an end to Ukraine’s ongoing war with Russia. “I confirmed to him that Switzerland is ready to organize a conference,” Amherd said during a … Read more

Davos: Climate, conflicts, and economic crises—all big problems converge in this small town

Davos: Be it conflicts in Gaza or Ukraine, climate change threats in Antarctica or Amazon, AI generating a monster like deepfake and its threat to elections, or debt crisis in emerging markets to developed world — problems are aplenty and all have suddenly reached this small ski resort town on the Alps. Once known for … Read more