USA

Eggflation: When Eggs Turn into a Pricey Luxury!

Over the course of just one year, the price of eggs in the US has surged, jumping from under $2.52 in February 2024 to $8 per dozen in February 2025—a staggering increase of more than 65%. So, what’s behind this sudden price spike? The avian flu epidemic is a major factor. The outbreak has devastated millions of egg-laying hens in the US, with ...

Iran's Khamenei Says US Threats 'Will Get Them Nowhere'

Iran's supreme leader said on Friday that US threats against his country "will get them nowhere", after President Donald Trump warned of possible military action against the Islamic republic. "The Americans should know threats will get them nowhere when confronting Iran," Ayatollah Ali Khamenei said in his live annual televised speech marking ...

NBA’s Celtics Sold For Record $6.1bn

The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, The Boston Globe reported Thursday. The newspaper, citing a league source, said the Celtics ownership had agreed to sell the iconic team to William Chisholm, managing director and co-founder of ...

Four US Strikes Against Houthis in Yemen's Al-Kathib Region

US warplanes carried out four strikes on Thursday evening against Houthi positions in the Al-Kathib region, in the Al-Minaa district of the Yemeni province of Al-Hodeida. These strikes come just hours after the Israeli army announced that it had intercepted a missile fired from Yemen early on Thursday morning, against a backdrop of intensifying ...

Ukrainian and US officials to Meet in Saudi Monday

President Volodymyr Zelensky said Thursday that Ukrainian and US officials would meet in Saudi Arabia next Monday to make progress on a proposed halt in Russian and Ukrainian strikes on energy facilities. His announcement came shortly after the Kremlin confirmed that Russian officials would also hold talks with the United States in Saudi Arabia ...

Stock Markets Retreat on Revised US Economic Outlook

Major European and Asian stock markets retreated Thursday following a weaker-than-forecast US economic outlook and despite the Federal Reserve trying to calm fears over President Donald Trump's tariffs. Fed boss Jerome Powell on Wednesday suggested that any increase to consumer prices caused by tariffs would likely be short-lived, even as the ...

Next US-Russia Talks to Take Place Sunday or Early Next Week: Kremlin

The Kremlin said Thursday that the next US-Russia talks could take place on Sunday or early next week, as Washington is also due to hold talks with Kyiv in Saudi Arabia in the coming days. US President Donald Trump spoke to both Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky earlier this week. "It may not be Sunday itself, the nuances ...

Pressure from Washington: Lebanon on Edge

When a US envoy speaks this bluntly, the game has changed. Steve Witkoff, the US special envoy to the Middle East, did not hide his frustration with Lebanese officials’ handling of Hezbollah. He went even further, emphasizing that Washington no longer accepts Lebanon’s strategy of maneuvering and political jockeying, arguing that it ...

US Fed Holds Rates Again and Flags Increased Economic Uncertainty

The US Federal Reserve paused interest rate cuts again on Wednesday and noted an increase in economic uncertainty, as it navigates an economy unnerved by President Donald Trump's stop-start tariff rollout. Policymakers voted to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a ...

Making Sense of Trump 2.0 and The Middle East

Elections matter. Only a few months ago, the Biden Administration struggled to assert its relevance amidst dramatic events in the Middle East. It had plenty to say, much of it contradictory, as it attempted to deal with the Democratic Party's split personality on Israel and the Palestinians while losing an election. The fragile ceasefires that ...

Houthis Claim fourth Attack Against US Warships

Houthis claimed on Wednesday to have carried out a fourth attack in 72 hours on an American fleet in the Red Sea, as the US military said its campaign against the Iran-backed rebels was ongoing. The Houthis' military spokesperson said cruise missiles and drones targeted the USS Harry S. Truman carrier group in an attack that was "the fourth ...