Headlines

Is Trump heading to a Pyrrhic victory in Iran?

President Donald Trump has claimed victory in the war in Iran even before the conflict is over. But despite the killing of the country’s leader and seriously degration of its military, there is an argument being made that the Islamic Republic has emerged all the stronger for

Asia

Trump extends ceasefire but continues blockade of Iran

President Donald Trump extended a two-week ceasefire for his and Israel’s war on Iran, but the US leader also said that a naval blockade of the Mideast nation will continue, and fears of fresh attacks remain high. Two weeks after threatening to take out the “whole civilization”

Asia

Fed chair nominee vows he’ll be independent of Trump

WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed in congressional testimony that the central bank will remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair

Asia

Petroyuan will mature in bursts of crisis

The petroyuan — oil and energy trades settled in Chinese yuan rather than US dollars — is not emerging exclusively because countries want to ideologically hammer the dollar, although that it is inevitably part of it. It is emerging as a financial force because, under pressure,

Asia