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A woman walking past a mural depicting a U.S. drone painted on the outer walls of the former US embassy in Tehran. File | Photo Credit: AFP The ongoing U.S.-Israel war against Iran, now dragging into its second month as of April 2026, continues to exert mounting pressure on the U.S. economy through energy shocks…
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A map showing the Strait of Hormuz is seen in this illustration. File. | Photo Credit: Reuters Iran’s paramilitary Revolutionary Guard opened fire Wednesday (April 22, 2026) on a container ship in the Strait of Hormuz, damaging the ship and further raising the stakes as planned ceasefire talks in Pakistan failed to materialise. The morning…
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A digital screen displays “Welcome to Islamabad” as Pakistan prepares to host the U.S. and Iran for the second phase of peace talks in Islamabad, Pakistan, on April 21, 2026. | Photo Credit: Reuters U.S. President Donald Trump said on Tuesday (April 21, 2026) his team would “soon” hold talks with Iranian leaders in Islamabad…
Read More “Uncertainty clouds Iran talks as ceasefire deadline nears” »
Image used for representation purpose only. | Photo Credit: Reuters The aftermath of the October 7 Hamas attack strongly tipped the scales in Israel’s priorities towards security. What began as a military response in Gaza expanded to conflicts spanning multiple fronts, including Lebanon, Syria, Yemen, Iraq, and Iran. But with revised growth forecasts, domestic concern…
Read More “Can Israel’s economy sustain conflicts on multiple fronts?” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto U.S. President Donald Trump has said that he’s considering the possibility of a currency swap with the United Arab Emirates to help the West Asian ally secure U.S. dollars, as its oil-rich economy has been rattled by the Iran conflict. During an interview with…
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Bangladesh faces a widespread shutdown of mobile phones without rapid improvements in fuel shortages sparked by the West Asia war, operators said. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Bangladesh faces a widespread shutdown of mobile phones without rapid improvements in fuel shortages sparked by the West Asia war, operators said…
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A police personnel stands guard at a closed road leading to the Serena Hotel in the Red Zone area of Islamabad on April 19, 2026. | Photo Credit: AFP Security in Pakistan’s capital Islamabad was stepped up visibly on Sunday (April 20, 2026)ahead of peace talks between the United States and Iran in the coming…
Read More “Pakistan tightens security in Islamabad ahead of U.S.-Iran talks” »
A view of the Mashhad airport. Iran said it will resume international flights from April 20, 2026 from Mashhad airport. Photo: Wikipedia Iran will resume international flights on Monday (April 20, 2026) from Mashhad airport in the country’s northeast, its civil aviation authority said. “Permission to operate international passenger flights at Mashhad Airport has been…
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The empty Very Large Crude Carrier (VLCC) RHN entered the Gulf on Wednesday (April 15, 2026), data from LSEG and Kpler showed. (Representational image) | Photo Credit: Reuters A second U.S.-sanctioned supertanker has entered the Gulf via the Strait of Hormuz, shipping data showed, despite a U.S. blockade on vessels visiting Iranian ports. U.S. President…
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Absent the West Asia conflict, the IMF said it would have upgraded its growth outlook by 0.1 percentage point to 3.4%, due to a continued technology investment boom, lower interest rates, less-severe U.S. tariffs and fiscal support in some countries. (Representational image) | Photo Credit: Getty Images/iStockphoto The International Monetary Fund (IMF) cut its growth…
Read More “IMF cuts growth outlook, warns world already drifting toward more adverse scenario” »