Headlines

The Iran off-ramp Trump keeps driving past

Five months into what historians will likely call the 2026 Iran war, Washington finds itself in a posture it has occupied before, in Vietnam, in Iraq, in Afghanistan: too deep in to walk away cleanly, not deep enough in to call the thing won. US President Donald Trump’s

Asia

World faces fresh food price surge, FAO warns

FRANKFURT, Aug 5 - The world is on the verge of another bout of food inflation as wars in Iran and Ukraine along with El Nino create a perfect storm of higher costs and lower crop yields, the chief economist of the United Nations Food and Agriculture Organization said.

Asia

Brace for higher US interest rates from the Fed

The bond market has been pushing interest rates higher in recent weeks. Though the Federal Reserve Board’s Federal Open Market Committee kept the benchmark federal funds rate unchanged at its Aug. 28-29 meeting, it could well follow suit by year’s end. The policy statement the

Asia