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Polymarket apologizes for allowing ‘disgusting’ bets on US pilots downed in Iran
The platform pulled a bid on when the American airmen would be extracted from the country after a backlash Prediction platform Polymarket has apologized for allowing users to place bets on whether American airmen from a downed US fighter jet would be rescued from Iran after facing backlash over questionable ethics. On Friday, a two-seater F-15E Strike Eagle was shot down over Iran, prompting the US to launch a high-r...
Oil prices could exceed $150 per barrel in next two weeks — Russian envoy
Earlier, Dmitriev predicted that the price of oil futures would equal the price of physical oil in the next one to two weeks
OPEC+ Plans Symbolic Oil Quota Hike for May
Bloomberg News Equities Reporter Natalia Kniazhevich joins Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the latest impact the war in Iran is having on the energy markets. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Afghanistan wants US$10 billion in trade deals with Central Asia
Afghanistan aims to increase trade with Central Asian countries to US$10 billion within the next three or four years, Foreign Minister Amir Khan Muttaqi said on Sunday. Trade with Central Asian countries to Afghanistan’s north came to about US$2.7 billion in 2025, itself a significant increase over previous years, Muttaqi said. He stated Afghanistan’s new trade goal with its neighbours at a “constructive dialogue” meeting in Kabul with representatives from Tajikistan, Turkmenistan, Kyrgyzstan,.....
The Potential Economic Impact of Ending Birthright Citizenship
The Supreme Court heard oral arguments in Trump v. Barbara to consider whether President Trump's executive order restricting birthright citizenship was constitutional. Princeton University Center for Migration & Development Research Fellow Phillip Connor and University of Notre Dame Keough School of Global Affairs Professor Francesc Ortega join Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the economic impact the move could have on the country. Watch the show LIVE every...
UAE enters world’s top 10 goods exporters, trade reaches Dh6 trillion
Dubai: The UAE has entered the world’s top 10 merchandise exporters for the first time, ranking ninth globally in 2025, according to the World Trade Organization’s World Trade Outlook and Statistics report. The report highlighted exceptional growth in the UAE’s total external trade, which reached Dh6 trillion ($1.63 trillion) in 2025, up from Dh5.23 trillion ($1.42 trillion) in 2024, a significant growth of nearly 15 per cent. The figures include trade in both goods and services...
Yerevan understands it can’t simultaneously stay in EAEU and EU — Kremlin spokesman
The operational systems of the EAEU and the EU are different and unmatchable, Dmitry Peskov said
Chinese Bonds Near Inflection Point as Inflation Outlook Shifts
Chinese bonds may be reaching a historical turning point, with yields set to climb from record low levels as deflationary pressures ease and expectations for monetary loosening recede.
Nelson Peltz’s bidding war highlights $25bn wave of asset manager consolidation
Quest for scale puts global money manager tie-ups on pace to crush last year’s deal total as costs and competition mount
Rising Fuel Costs Put Pressure on Morocco’s Economy
Rabat – Fuel prices are a crucial component in the daily lives of Moroccans, affecting everything from daily commutes to the livelihoods of transport workers. In recent weeks Morocco has seen a renewed surge in fuel prices, raising concern for transportation costs and inflation. The increase is a reflection of the ongoing war between US, Israel, and Iran that has left the global oil market volatile. Fuel prices in Morocco rose sharply by mid-March, with a 13.9% increase from one month prior. Die...
UAE among top 10 global exporters in a historic first as trade surpasses Dh6 trillion
The UAE has climbed the ranks as ninth largest exporter of goods globally and 13th in goods imports, in a historic first for the country, according to the World Trade Organization.In its “World Trade Prospects and Statistics” report, WTO ranked the UAE for its significant increase in goods and services trade, which rose from Dh3.5 trillion in 2021 to Dh6.014 trillion in 2025.The value of the UAE’s trade in goods reached Dh4.9 trillion, with more than half (53 per cent) representing exports of t...
Balochistan govt issues new timings for markets, wedding halls, restaurants
QUETTA: The Government of Balochistan has announced new operating hours for markets, wedding halls, and restaurants across the province, ARY News reported. According to the Balochistan Home Department, all markets and shopping centres in Quetta will now close at 8:00 PM. However, essential services including medical stores, tandoors, and naan shops have been exempted from the restrictions. Officials further stated that all events at wedding halls, banquet halls, and hotels must conclude by 10:00...
Interceptor Missiles Save Lives, but Stockpiles Are Dwindling
Defense systems that shoot projectiles out of the sky have become one of the most important components of warfare, so much so that militaries face a diminishing supply.
Some UAE banks offer loan deferments, flexible payment plans amid regional conflict
[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.]Some UAE banks are offering loan deferments and flexible payment options to support customers affected by ongoing regional tensions, with targeted measures for SMEs and frontline personnel.Abu Dhabi Islamic Bank (Adib) has rolled out its “Sanadna” initiative, providing payment deferrals and financial relief to frontline workers and small and medium-sized enterprises.Under the s...
OPEC+ Plans Symbolic Output Quota Hike Amid War, Delegates Say
OPEC+ members plan to raise their production quotas for May, in a symbolic move as the Middle East conflict constrains production and shipments from several of the alliance’s largest members.
OPEC+ to discuss oil production rise as Iran war weighs on markets
VIENNA, Austria: Key members of the OPEC+ oil cartel will on Sunday discuss production quotas for next month as the US-Israeli war against Iran unsettles global oil markets. The eight-strong V8 (Voluntary Eight) group in the alliance, which includes top oil producers Saudi Arabia and Russia — as well as several Gulf states who have been hit by Iran’s retaliatory airstrikes — are to decide whether to increase production as prices rise. Last month, the group announced a higher-th...
Saudi Arabia’s non-oil business activity shrinks in March amid Iran war PMI shows
Saudi Arabia’s non-oil private sector activity contracted in March for the first time since August 2020, as the Iran war snarled up supply chains, a business survey showed on Sunday. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), compiled by S&P Global, tumbled to 48.8 in March from 56.1 in February. Readings below 50 denote contracting activity. Naif Al-Ghaith, Riyad Bank’s chief economist, said the drop into contraction territory was...
'Elderly couple had to find £1k for home heating oil'
'Elderly couple had to find £1k for home heating oil'Just nowShareSaveAdd as preferred on GoogleRobbie MacdonaldLocal Democracy Reporting ServiceGetty ImagesOne elderly couple told a councillor they had to find £1,000 for an oil deliveryPeople living in rural Lancashire have seen prices double for their home central heating oil since the US-Israel war with Iran began, councillors at one local authority have said.Current oil supply uncertainty means some households are having to accept...
Edible oil and ghee prices likely to surge in Pakistan after petrol hike
After a sharp increase in petroleum prices, a further rise in the prices of ghee and edible oil is now expected, adding to public concerns over inflation. In Pakistan, increases in fuel prices typically lead to a rise in the cost of essential goods. Following the recent hike, prices of various items, including transport fares, have already gone up despite government assurances. An adviser to the Pakistan Vanaspati Manufacturers Association, Kainat Raza, has warned of a significant increase in gh...
عضو کمیسیون اقتصادی مجلس: با وجود خسارات زیاد، فعلا ناچاریم جنگ و مقاومت را ادامه دهیم
حسین صمصامی، عضو کمیسیون اقتصادی مجلس گفت: «با وجود خسارات جنگ، جمهوری اسلامی فعلا ناچار به مقاومت و ادامه مقابله است تا هزینه جنگ برای دشمن افزایش یابد.» او افزود: «آمریکا و اسرائیل پس از ناکامی در اهداف اولیه، با حمله به زیرساختهای اقتصادی در حال تشدید درگیری هستند.»