Ship damaged offshore Yemen, days after Houthi-struck vessel sank

Aerial view of a tanker. Bugto | Moment | Getty Images A merchant vessel was hit and took damage offshore of Yemen, the U.K. Maritime Trade Operations said Wednesday, days after a ship struck by Iran-backed Houthis sank in the Red Sea. The UKMTO said that the incident took place 54 nautical miles southwest of … Read more

Elon Musk reportedly met with Donald Trump in Florida

Tesla CEO Elon Musk met with former President Donald Trump on Sunday in Palm Beach, Florida, along with unnamed wealthy Republican donors, the New York Times reported, citing three people briefed on the meeting. Trump is courting donors as he gears up for a general election campaign against President Joe Biden. It’s not yet clear … Read more

China ups military spending by 7.2%, vows to deter Taiwan ‘separatist activities’

Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in 2024, according to a budget report released by the Ministry of Finance, as part of the country’s annual parliamentary meetings in Beijing. This year’s military … Read more

States can’t block Trump from ballot

Former US President and 2024 presidential hopeful Donald Trump speaks at a “Get Out the Vote” Rally in Conway, South Carolina, on February 10, 2024.  Julia Nikhinson | Afp | Getty Images The Supreme Court on Monday unanimously reversed the Colorado court ruling that barred former President Donald Trump from appearing on the state’s Republican … Read more

China calls on foreign businesses to share their problems as investment slumps

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce met with foreign businesses in Beijing this week in an effort to address operating challenges, but … Read more

In a bizarre British by-election, a pro-Palestinian firebrand just swept to victory

ROCHDALE, England – Feb 29: Workers Party of Britain candidate George Galloway speaks after being declared the winner in the Rochdale by-election on February 29, 2024. Christopher Furlong | Getty Images News | Getty Images Staunchly pro-Palestinian left-wing firebrand George Galloway on Thursday won a chaotic by-election in Rochdale, northwestern England that was defined by … Read more

low turnout and boycott expected

Iranian women cast their ballots at a polling station during elections to select members of parliament and a key clerical body, in Tehran on March 1, 2024. ATTA KENARE | AFP Iran holds its parliamentary elections on Friday, in the first vote for Iranians since a nationwide protest movement for women’s rights rocked the country … Read more

Ukraine’s losses on the battlefield raise more war risks for Russia

A Ukrainian serviceman belonging to infantry battalion of 42 Brigade is seen during a maintenance training, as Russia-Ukraine war continues at an undisclosed location in Donbas, Donetsk Oblast, Ukraine on February 27, 2024. Anadolu | Anadolu | Getty Images Early on in the war with Russia, Ukraine’s successes on the battlefield prompted warnings from defense … Read more

The U.S. national debt is rising by $1 trillion about every 100 days

The U.S. Treasury building in Washington, D.C., on March 13, 2023. Al Drago | Bloomberg | Getty Images The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days. The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly … Read more

Navalny’s funeral in pictures: Mourners gather in Moscow

Crowds gathered in Moscow on Friday to observe Alexei Navalny’s funeral, with allies of the deceased Russian opposition politician saying over 1,000 people had congregated. CNBC could not independently verify the number. Remains of snow clutched to the streets in a grey Moscow, as people lined up outside the church where the memorial service is … Read more