Category Archives: World

MESQUITE, Texas—Modernizing Munitions: U.S. Expands Shell Production

MESQUITE, Texas—U.S. Expands Shell Production

In a strategic move amid global tensions, U.S. Army Secretary Christine Wormuth visited a cutting-edge munitions plant in Mesquite, Texas. The facility, equipped with advanced machinery from Turkish firm Repkon, underscores America’s efforts to ramp up artillery shell production for domestic use and international allies. Addressing Concerns During her visit, Wormuth queried Ibrahim Kulekci, CEO […]

Russia Inflation Hits 8.3% in May, Highest in Over a Year

Russia Inflation Hits 8.3% in May, Highest in Over a Year

Inflation in Russia surged to its highest level in more than a year during May, intensifying pressure on the central bank to consider aggressive measures to curb rising prices. According to data released by the Federal Statistics Service on Friday, annual inflation rose to 8.3% last month, up from 7.84% in April. This increase marks […]

Yen Plummets to 34-Year Low Against Dollar, Prompts Intervention Speculation

Yens-Decline-Sparks-Intervention-Speculation-at-34-Year-Low

On Monday, the Japanese yen’s decline against the U.S. dollar was pronounced, plummeting to its lowest point in 34 years. Briefly, the currency breached the 160 yen per dollar mark, a threshold not seen since 1990, before clawing back some ground. As the Asian trading day drew to a close, it settled around 155 yen […]

Middle East Tension: Israel Nearing Conclusion of Intense Gaza Combat Phase

Middle East Tension

Amidst escalating tension in the Middle East, Israeli Defense Minister Yoav Gallant announced on Monday that Israeli military forces are on the verge of completing the most intense phase of combat against Hamas in the Gaza Strip. Advancements and Challenges Gallant revealed that the intense combat phase in the northern part of Gaza has concluded, […]

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