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ECONOMIC WEAPON
US-Iran agree to setup direct channel with IRGC to de-escalate conflict, says VP VanceUS Vice President JD Vance confirmed a direct deconfliction channel between US and Iran military representatives, including the IRGC and CE...- Russia’s premier foreign policy forum "Primakov Readings" brought together 400 experts from 17 countriesMoscow hosted the 'Primakov Readings' forum, marking IMEMO's 70th anniversary. Global experts convened to discuss a 'World Without Rules: P...
- Rubio hails US-Gulf Arab unity despite region's persistent concerns about Iran agreementUS Secretary of State Marco Rubio assured Gulf Arab partners of unwavering support amidst ongoing negotiations to end the war with Iran. De...
- US announces PaxPass to streamline the movement of critical AI goods at Pax Silica summitThe 2nd Pax Silica Summit brought together over 30 nations, advocating for 'innovation sovereignty' and AI policies conducive to growth. Hi...
- White House seeks $87.6 billion from Congress for Iran war costs, US farmers and Ebola responseThe White House has formally requested $87.6 billion, primarily to replenish the Pentagon following the U.S. war against Iran. This comes a...
- Flying Wedge unveils AI-piloted fighter jet concept 'FWD Supreme'; first demonstrator flight targeted for Q3 2026India's Flying Wedge Defence & Aerospace has unveiled FWD Supreme, an AI-piloted fighter jet concept. The company aims to redefine air comb...
- Quote of the day by Nelson Mandela: ‘Overcoming poverty is not a task of charity, it is an act of…’ – Nobel laureate’s message on poverty, justice, and shared responsibilityNelson Mandela powerfully declared poverty an injustice, not an unavoidable fate. He argued that like slavery and apartheid, poverty is man...
- 'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on MondayPresident Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He cl...
- Trump says he would 'cancel meetings' with Iran if they deny IAEA nuclear inspectionsPresident Trump declared he would halt technical talks with Iran if nuclear inspections by the IAEA are denied, asserting Washington has se...
- After BrahMos, India may have found its next military bestsellerIndia’s defence export story, long centred on the BrahMos supersonic missile, may be expanding to include a new system gaining global atten...
- Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...
- White House set to host weapons makers as US defence stockpile worry growsThe White House is convening defense contractors this week to ramp up munitions production, as stockpiles are strained by the ongoing confl...
- Indian Navy commissions three indigenously built warships: Dunagiri, Sanshodhak, and AgrayIndia's naval might has been significantly bolstered with the commissioning of three indigenously built warships in Kolkata. Prime Minister...
- Australia and Canada sign a $1.75 billion deal to build long-range radar in CanadaAustralian Defense Minister Richard Marles and Canadian Secretary of State (Defense Procurement) Stephen Fuhr signed the first phase of a p...
- Eight years on, from JCPOA to MoU: How Trump's Iran deal stacks up against Obama's nuclear pactPresident Trump has signed a 14-point memorandum with Iran, ending a four-month conflict and opening a 60-day window for a peace deal. This...
- $300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, ec...
- 'Iran agrees to never have nuclear weapons,' says Trump after signing MoU with TehranPresident Trump announced Iran has agreed to never possess nuclear weapons, dismissing reports of a $300 million US payment as fake news. T...
- No nuclear weapon, conditional relief & open Hormuz: Vance outlines 3 pillars of Iran peace frameworkUS Vice President JD Vance described that the peace agreement between Washington and Tehran stands centred on three key pillars-- preventin...
- US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guaranteesSenior Trump administration officials revealed a new understanding with Iran, linking sanctions relief and economic reintegration to strict...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
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