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Iran’s Unrest, Explained: How Economic Pain, Protest and Regional Tensions Collided
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For many Iranians, the crisis gripping their country is not felt first in geopolitics or diplomacy, but in kitchens, classrooms and hospital queues, as prices sour and services strain. Prices have risen faster than wages. The currency has lost value, with the rial plunging to historic lows against the dollar. Jobs are scarce. And…
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China’s military purge leaves power concentrated — and questions unanswered
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China has removed one of its most senior military leaders in a purge that has left the country’s armed forces facing an unprecedented leadership vacuum, and intensified scrutiny of President Xi Jinping’s control over the military. Zhang Youxia, 75, vice-chairman of the Central Military Commission (CMC), has been placed under investigation alongside General Liu…
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Rupee Gains as Dollar Slips, India–EU Deal Lifts Sentiment
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The Indian rupee edged higher on Tuesday, supported by a weaker U.S. dollar and improved market sentiment ahead of a potential India–European Union trade agreement. Reuters reported that the rupee strengthened 0.13% to 91.8225 against the dollar by 10:50 a.m. IST, paring some losses after touching a record low of 91.9650 last week. Despite…
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At Davos, World Leaders Gather for WEF 2026 Amid Rising Global Tensions
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The World Economic Forum’s (WEF) Annual Meeting 2026 is underway in Davos, Switzerland, from January 19 to 23, bringing together global leaders under the theme “A Spirit of Dialogue.” The 55th edition of the summit has drawn nearly 65 heads of state and government, along with around 850 chief executives and business leaders, as…
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Israel Demolishes UNRWA Structures in East Jerusalem, Drawing Global Condemnation
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Israel’s demolition of structures inside a United Nations site in occupied East Jerusalem on Tuesday has drawn sharp condemnation from countries worldwide and the United Nations. Israeli bulldozers razed several large and smaller buildings inside the United Nations Relief and Works Agency (UNRWA) compound in Sheikh Jarrah. The site previously housed dozens of UNRWA…
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Australia’s Lower House Passes 2 Bills over Tougher Gun Control, Anti- Hate Crime
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Australia’s House of Representatives on Tuesday passed two major laws, tightening gun control and strengthening anti-hate efforts, following the country’s deadliest mass shooting last month. According to Reuters, the legislation was approved by a vote of 96 to 45, despite opposition from conservative lawmakers. The bills now move to the upper house, the Senate,…
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UN Security Council Holds Emergency Meeting on Iran Protests Amid US Military Warnings
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The United Nations Security Council convened an emergency meeting on Thursday (January 15) to discuss the escalating unrest in Iran, as deadly protests continue across the country. Amid warnings of possible military intervention by US President Donald Trump, the meeting of the 15-member Council was held at the request of the United States. The…
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Justice Department Opens Criminal Inquiry Into Fed Chair Jerome Powell
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The US justice department has initiated a criminal inquiry involving Federal Reserve Chair Jerome Powell, according to remarks he made on Sunday. In a recorded statement, Powell said federal prosecutors had issued subpoenas to the central bank and warned of potential criminal charges linked to his testimony before a Senate panel. That testimony related…