A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in New York City. John Smith | Corbis News | Getty Images Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that…
Tracking data appears to show a number of Iran-linked ships passing through the Strait of Hormuz in the hours after the U.S. blockade of the waterway began on Monday. The U.S. military said its blockade would apply to “all maritime traffic entering and exiting Iranian ports,” but that it would “not impede freedom of navigation…
There is no more doubt left: a global famine is on the way. The impact will be monumental. The war in Iran is only the beginning of what is promising to be a sustained global crisis. Already, we are seeing some sharp rise in energy prices, staples and other essentials. But as we would soon…
An aerial view shows the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California, on April 8, 2026 as seen from above Manhattan Beach, California. Mario Tama | Getty Images Oil prices fell Tuesday, after Vice President JD Vance indicated that U.S. and Iran could meet for another round of talks…
NewsFeed US President Donald Trump says Iran wants to make a peace deal “very badly” after talks in Islamabad ended without agreement, insisting any framework hinges on Tehran agreeing never to develop a nuclear weapon. Published On 13 Apr 202613 Apr 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on…
NewsFeed Iran’s military has called US blockade plans in the Strait of Hormuz an “act of piracy”, warning that the ports in the Gulf and Seas of Oman are “either for everyone or for no one”. Al Jazeera’s Tohid Asadi is in Tehran. Published On 13 Apr 202613 Apr 2026 Click here to share on…
African assets have outperformed broader emerging markets since the start of the Iran conflict, challenging perceptions of the continent as a high-risk investment destination. Bloomberg data shows African local-currency bonds have declined less than the wider emerging-market index during the period. Over the past 12 months, they have delivered roughly double the returns of their…
Pope Leo XIV offered his strongest condemnation yet of the war in Iran, appearing to take multiple veiled shots at President Trump on Saturday, speaking out against military actions “some adults proudly boast about.” The rebuke, during a prayer vigil for peace at St. Peter’s Basilica, comes days after the pope said it was “truly…
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Vance heads to Pakistan for peace talks as Trump issues new threats against Iran – CBS News Watch CBS News As Vice President JD Vance is on his way to Pakistan for direct peace talks with Iran, President Trump issued new threats and demands Friday as a fragile ceasefire continues to hold. Ed O’Keefe reports…
