Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The…
Meta CEO Mark Zuckerberg arrives for a meeting on Capitol Hill on March 26, 2026. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. Meta and Micron saw double-digit drops, but the pain was felt across the…
World shares mostly fell and oil gained again on Friday after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation. In early European trading, Britain’s FTSE 100 fell 0.3% to 9,939.96. France’s CAC 40 dropped 0.7% to 7,718.97, and Germany’s DAX lost 1.3% to 22,314.28….
As the United States-Israeli war on Iran enters its fourth week this weekend, pressure on oil and gas markets continues to mount due to severe disruption to shipping traffic through the Strait of Hormuz as well as attacks on and around key energy facilities in the Gulf. In peacetime, 20 percent of the world’s oil…
The war’s impact on Africa will be profound – but lessons learnt could spur a rapid energy transition to a more peaceful continent. The world is embroiled in a war precipitated by the United States (US) and Israel’s attack on Iran, resulting in the death of Ayatollah Ali Khamenei and other Iranian leaders. This, with…
Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…
President Trump suggested late Wednesday he’s avoiding describing the military conflict with Iran as a “war” because of concerns around the fact that Congress hasn’t authorized military force. “I won’t use the word ‘war’ because they say, if you use the word war, that’s maybe not a good thing to do,” the president said at…
EXPLAINER The US and Israel’s war on Iran is intensifying, as Trump again claims Iranian leaders want to ‘make a deal’. Published On 26 Mar 202626 Mar 2026 The United States and Israel’s war on Iran continues, with an Al Jazeera correspondent in Tehran reporting strikes are “increasing in number and in intensity” amid conflicting…
IS21 is tied to a basket of sovereign currencies, which currently include the rand, dollar and euro. (Graphic by Nicola Mawson, with images via Intershare, Pexels and GenAI) Intershare has launched what it claims is the world’s first multi-currency-backed digital token, IS21, at a time when global fiat denominations are in a state of flux…
–Say soaring fuel prices could cripple economy –Urge immediate govt’s action to save situation –Consumers groan as petrol hits N1,371/litre in Abuja, Lagos, others – The Nigeria Employers Consultative Association, NECA; Nigeria Labour Congress, NLC; Lagos Chamber of Commerce and Industry, LCCI; and the Association of Small Business Owners of Nigeria, ASBON, yesterday, raised fresh…
