Author: Editor-In-Chief
People visit a Lockheed Martin booth displaying models of military transport aircraft during an arms trade fair in Hanoi, Vietnam, December 19, 2024.Khanh Vu | ReutersGlobal defense stocks soared on Monday as investors reacted to last weekend’s dramatic military escalation in the Middle East. The sector was a rare bright spot amid broader market declines triggered by concerns about escalating regional conflicts.german Hensoldt and the British BAE Systems were among the top performers on the Stoxx 600, both up about 4%. Defensive name Thales, Lenkand leonardo While the rise was between 4% and 1%, slowing the pace of increase to…
Ahead of the U.S. and Israeli attack on Iran, Washington amassed some of the largest troops and most powerful weapons in the Middle East in decades. President Donald Trump has warned that the United States is “locked and loaded,” and Saturday’s attack that killed Iran’s supreme leader gave the United States a devastating purpose. U.S. Central Command (CENTCOM) on Sunday released a list of U.S. weapons used so far in the war with Iran. Let’s take a look at the assets used so far in what the Department of Defense calls “Operation Epic Fury.” B-2 Stealth Bomber: Bat-winged bombers cost…
Manager Jose Mourinho has said that Gianluca Prestiani will no longer play for Benfica if he is found guilty of racially abusing Vinicius Junior.Mourinho, who came under fire for his first comments after the first leg of last month’s Champions League knockout tournament, told a press conference on Sunday that he was “completely and completely opposed to discrimination, prejudice, ignorance and stupidity of any kind.”Prestiani is under investigation by UEFA and was suspended for last week’s return match in Madrid, with Benfica losing their appeal against the ban. Prestiani denies the charges but could face a long ban if found…
Chinese Foreign Minister Wang Yi (center) welcomes Russian Vice Foreign Minister Sergei Ryabkov (left) and Iranian Vice Foreign Minister Kazeem Ghalibabadi before a meeting on the Iranian nuclear issue at the Diaoyutai State Guest House in Beijing on March 14, 2025. – | AFP | Getty ImagesAs the US and Israeli attacks enter their third day, Iran’s close allies Russia and China have so far responded with only modest criticism, exposing the harsh limits of Russia’s “strategic partnership” with China.Russian and Chinese officials condemned the U.S.-led airstrikes but stopped short of pledging military or civilian support to Tehran. Chinese Foreign…
Iranian navy soldiers board an armed speedboat in the Persian Gulf near the Strait of Hormuz, about 800 miles south of Tehran, on April 30, 2019.Morteza Nicobazul | Nur Photo | Getty ImagesThe escalation of wars in the Middle East has raised concerns about long-term disruption to global trade through key maritime corridors such as the Strait of Hormuz and Bab el-Mandeb.Container shipping giants suspended operations through the strategic Strait of Hormuz and rerouted ships near the southern tip of Africa after the United States and Israel attacked Iran over the weekend.Danish shipping company Maersk warned in a statement that…
F1’s new era of regulations finally begins in earnest in Melbourne from Friday, with the Australian Grand Prix kicking off the 24-race season, but it seems no one is yet sure what will happen.This winter saw the most extensive rule changes in the history of the sport, with revisions to both cars and engines, creating new challenges for teams, new demands on drivers in the cockpit and opportunities to be more competitive on the track. Each of the 11 teams will have nine days of pre-season track running to take on all-new challengers, but there’s still much to learn and…
listen to this article | 6 minutesinformationA common tactic used in war is to try to decapitate the enemy’s leader. While such a strategy may work in certain circumstances, it has proven to be a disastrous choice in the Middle East.Indeed, in the midst of war, the assassination of an enemy leader may rapidly increase popularity. Indeed, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have been in the spotlight for their supposedly “successful” assassination of Iranian Supreme Leader Ali Khamenei.But killing an 86-year-old man, who was already planning his succession due to poor health, is no small…
Khamenei’s killing by the United States and Israel created a power vacuum at the heart of the Iranian regime and triggered a complex process to find a successor. The Islamic Republic has only had one leadership change since it came to power nearly half a century ago. Khamenei, who succeeded Ruhollah Khomeini in 1989, was killed without an officially declared successor. A three-person council was formed on Sunday to maintain power until Khamenei’s successor is chosen. However, the US and Israeli attacks continue, and there is no telling how long it will take. Here’s what you need to know: Under…
Manager Gary Neville believes Arsenal can still beat Manchester City to the Premier League crown, but warned Gunners fans they face “10 weeks of agony” on the road to their first title in 22 years.Mikel Arteta’s side regained a five-point lead at the top of the Premier League with a 2-1 win over Chelsea on Super Sunday, after Man City beat Leeds 24 hours earlier. Since a heavy two-goal defeat at the hands of bottom-placed Wolves, the Gunners have managed to survive back-to-back London derbies to keep City level, but Pep Guardiola’s side have a game in hand that could…
Global markets started the week on a down note after the US and Israeli attacks on Iran heightened tensions in the Middle East and spooked investors.Asian markets started the day generally lower, with major markets in the region trading in negative territory. However, some losses were partially offset by gains in oil and gold mining stocks, particularly in Australia.We introduce all the notable developments in financial markets as the Middle East conflict unfolds. Energy stocks soarEnergy prices soared as investors priced in the risk of broader Middle East conflict.U.S. crude oil prices were up about 8.5% as of 2:27 a.m.…