Economists divided on Fed rate hike as inflation creates uncertainty in run-up to US midterm elections in a tense market. United States consumer prices jumped in September in the final inflation report before the midterm elections, increasing chances of an interest rate hike later this month. Annual inflation accelerated to 3.7 percent, up from 3.4…
On Tuesday, a strike in the southern town of Alamata killed at least 14 people and injured 22 others, according to the Tigrayan authorities. The town’s mayor, Mogos Shiferaw, told the BBC that more than five drones and one fighter jet had carried out more than 21 strikes starting at around 03:30. “This caused a…
Two years ago, the idea of a large-scale war breaking out felt like a distant hypothetical to the experts who help chart the world’s dangers. Today it tops their list of fears, according to a new UN Global Risk Report. The study draws on the views of 1,300 people from government, international organizations, civil society,…
The government says 78,112 Zimbabwean nationals have returned from South Africa since May amid fears of xenophobic attacks following threats by anti-migrant pressure groups. The returnees comprise 21,291 people repatriated through government-assisted arrangements and 56,832 who funded their own journeys home, Information Minister Zhemu Soda said on Tuesday. The repatriation exercise was launched on May…
The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming world. The bank’s five-year Climate Change Action Plan expired on Tuesday. Last year it put…
WhatsApp’s introduction of usernames could backfire. (Graphic: Nicola Mawson | Magnific) Meta unit WhatsApp’s introduction of usernames – ostensibly to increase privacy for users so they don’t have to swap phone numbers – could backfire if hackers turn usernames into a new avenue for privacy attacks. This is according to two experts, who both note…
Search for deportees from US continues in the rubble of the hotel they were taken to in Venezuela’s La Guaira city. Published On 30 Jun 202630 Jun 2026 The United States deported more than 140 people to Venezuela on the same day twin earthquakes rocked the country, with rescue crews now desperately searching for survivors…
In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas. Brandon Bell | Getty Images Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz. Brent crude futures, the international benchmark, were up around 3% to $97.16…
OpenAI CEO SSam Altman. Kylie Cooper/Reuters OpenAI CEO Sam Altman said on Tuesday that the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney,…
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell on Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could further disrupt global crude supplies. International benchmark Brent…
