Author: Editor-In-Chief
On March 2, 2026, a commercial ship anchors off the coast of the United Arab Emirates due to a navigational disruption in the Strait of Hormuz in Dubai. Stringer | Anadolu | Getty ImagesThe cost of oil supertankers in the Middle East has risen to record levels as the conflict between the US and Iran disrupts shipping through the strategically important Strait of Hormuz. Major maritime war risk providers have begun withdrawing insurance from ships operating in the Persian Gulf, as the region’s main shipping lanes are disrupted in the aftermath of the sudden security crisis.The benchmark freight rate for…
A leak from the Pentagon last week reported by US media suggests that if the attack on Iran continues for more than 10 days, US stocks of some critical missiles could begin to run low.On Saturday, the United States and Israel launched attacks on Iran, while talks between Washington and Tehran over Iran’s nuclear program and other issues, understood to include limiting Iran’s ballistic missile arsenal and disarming regional armed groups, continued.Iran counterattacked with missile and drone strikes across the region, including on Israeli targets as well as U.S. military facilities in Bahrain, Saudi Arabia, Qatar, the United Arab Emirates,…
What’s different about the new cars in 2026?Lots of things are different about the new cars, after the biggest regulation overhaul we’ve ever had in F1. Normally we have regulation overhauls where a bit of aerodynamics change, or a bit of the engine change, but now pretty much everything is new. In terms of the chassis, the cars are smaller and lighter. The minimum weight they can be is lower, while they’re smaller in both length and width.As well as that, the tyres are smaller. But as part of that, there are new tyres. So, we’ve effectively got new compounds…
Steve Eisman, of “The Big Short” fame, said investors should ignore a war between the US and Iran as it could be positive for the market in the long term. In fact, the investor was asked by CNBC’s Joe Kernen on CNBC’s “Squawk Box” Monday if he would change anything because of the dispute, and he said, “I would never trade.” “Long term, I think this is a very, very positive thing,” Eisman said. “People are reacting to what’s going on, and obviously oil prices are going up. But hopefully in a couple of months, prices will go back to…
tel aviv — In any other year, it would be nearly impossible to drive through Tel Aviv’s Dizengoff Square on the Jewish holiday of Purim. Children and adults in costumes fill the streets, rooftop parties blare music, and residents party until dawn. Tel Aviv, which boasts of being the “city that never stops,” lives up to its nickname on this holiday. But this year, the square was quiet because the public holiday begins Monday night. The streets have been largely empty since Israel and the United States launched attacks on Iran on Saturday. Several partially costumed people sat in an…
Haris Rauf has been named as the player to watch as six Pakistan players made it to the top 50 ‘heroes’ list in this year’s men’s Hundred auction.The shortlist of 247 includes a total of 14 Pakistani male players, despite reports that Pakistani players will not be considered by the four Indian-owned franchises amid geopolitical tensions between the two countries. This year’s Hundred will also clash with the Pakistan Test series. Rauf joins South African pair Aiden Markram and David Miller, New Zealand’s Daryl Mitchell and West Indies spinner Sunil Narine in a group dubbed ‘Marquee Players International’, with a…
The US and Israeli attack on Iran and the assassination of Supreme Leader Ayotallah Ali Khamenei caused some discomfort in Moscow. Some hawkish Russia critics argue that Russia, despite its vast nuclear arsenal, could be attacked in a similar manner. They see reckless statements by key Western officials about the possibility of war with Russia in the near future as evidence of that intent.While the attack on Iran is a cause for concern for Moscow, it is also seen as vindication of its geopolitical strategy, including the invasion of Ukraine. This confirms the Kremlin’s long-held view of the US-led West…
Scarman 306 | Moment | Getty ImagesMore low- and middle-income earners are turning to investments, even as many consumers find it burdensome to cover rising daily costs, according to a new report.Since 2020, the number of low- and middle-income investors has increased by 2.7 times, or 167%, according to new research from the BlackRock Foundation, a private charity. black rockand Commonwealth are national nonprofit organizations focused on financial security.These findings are derived from JPMorgan Chase Research Institute data based on billions of anonymized data transactions from approximately 10 million active checking account users. The company tracked funds transferred to investment…
Qualcomm CEO Cristiano Amon gives a keynote speech at Computex in Taipei, Taiwan on May 19, 2025.Anne Wang | ReutersBARCELONA, Spain — Robotics will represent a “bigger opportunity” for the world. Qualcomm CEO Cristiano Amon told CNBC that the semiconductor giant will continue to expand beyond smartphones.In January, Qualcomm launched a robot processor under the Dragonwing brand, aiming to develop a chipset that can work with multiple robot platforms. It’s a similar approach the company has taken for smartphones, and its Snapdragon processors have become the primary chips used by electronics companies. “I think robotics will start to scale within…
As the joint U.S. offensive against Iran continues, Israel sees its mission as the culmination of a long-standing policy of ushering in regime change from within.Taking to the airwaves on Saturday in the wake of the killing of Iran’s Supreme Leader Ayatollah Ali Khamenei, Israeli Prime Minister Benjamin Netanyahu directly addressed the Iranian people, calling on them in Farsi to “come to the streets, come out in your millions, finish the job and overthrow the reign of terror that has made your lives difficult.”Recommended stories list of 4 itemsend of list”Your suffering and sacrifices will not be in vain. The…