Latest Politics News
US Hits Pro-Government Demonstration in Iran as War Threatens Global Economy
The US conducted intense strikes on a pro-government demonstration in Iran, intensifying the conflict now in its third week. President Trump vowed to strike Iranian targets 'very hard' in coming days, while Iranian responses drive oil prices higher. Israel's strikes on Hezbollah in Lebanon continue amid regional instability.
Iran Threatens to Close Strait of Hormuz, IRGC Warns of $200 Oil
Iran's IRGC threatened to set regional oil infrastructure 'on fire' and close the Strait of Hormuz, through which 20% of world oil passes. New supreme leader Mojtaba Khamenei signaled intent to keep the strait closed if US/Israeli attacks persist. This has caused widespread airspace closures and flight cancellations.
Trump Issues Sanctions Waiver for Russian Oil to Tame Energy Prices
The Trump administration granted a narrow waiver for Russian oil purchases amid Middle East war-driven energy spikes, despite prior sanctions on Rosneft and Lukoil. Treasury Secretary Scott Bessent stated it won't significantly benefit Russia. This move aims to mitigate skyrocketing global oil prices.
G7 Leaders Convene on Middle East War Economic Fallout
G7 leaders held a videoconference to address the war's economic consequences, agreeing to coordinate with Gulf economies on fuel, gas, and fertilizer impacts. They reaffirmed unity on Russia sanctions and concern for global food security. The meeting occurred under France's G7 presidency.
Lebanon Faces Intensifying Israeli Strikes, UN Launches $308M Appeal
Israel's attacks on Hezbollah targets in Lebanon continue and intensify, prompting a UN $308 million humanitarian appeal. Lebanon's president offered negotiations for army deployment to disarm Hezbollah, but Israel has not responded. Nepal condemned a strike on its UNIFIL base.
Trump Tempers Expectations for Iranian Regime Change
President Trump urged Iranians to topple their government post-US strikes but now says opponents face a 'big hurdle.' He stated the war ends 'when I feel it in my bones.' Speculation mounts over Ayatollah Khamenei's health after strikes.
US Deploys 2,500 Marines and Warship to Middle East
The US military is sending roughly 2,500 Marines and an additional warship to the Middle East amid escalating tensions. This bolsters forces as Iran counters with air campaigns. Regional leaders like Egypt's El-Sissi condemn Iranian attacks on Gulf states.
Ukraine-Russia Stalemate Persists as Peace Talks Stall
Both Ukraine and Russia claim territorial advances while US-backed peace talks falter; Russia controls 20% of Ukraine. Zelenskyy awaits US approval for drone production; Ukraine signs defense pact with Romania. Italy reports deliberate attack on its Iraqi base.
China Escalates Rhetoric on Taiwan, Boosts Military Budget
China increased its military budget and ramped up rhetoric toward Taiwan at the National People's Congress. Its Five-Year Plan emphasizes economic resilience and tech self-reliance amid Iran war supply disruptions. Trump plans China trip with potential deliverables.
Colombia Presidential Primaries Narrow Field to Key Contenders
Senator Paloma Valencia won right-wing primaries, positioning for May/June elections against left-wing Ivan Cepeda. Centrist Congress likely to dominate, limiting radical reforms and seen as credit-positive. Markets eye binary pre-election environment.
London Plans Thames Barrier for Pro-Iran Protests
UK authorities will use the River Thames to separate pro-Iranian protesters from counter-demonstrators this weekend. This addresses rising tensions from Middle East war. Italy's Meloni criticized US-Israeli actions as outside international law.
Central Banks Worldwide Assess Iran War Impact on Rates
Major central banks (US, Eurozone, UK, Japan, etc.) meet this week to gauge Middle East war effects on inflation and growth. Policymakers debate hiking or holding rates amid energy shocks. Global business optimism was high pre-war.