LISBON, Portugal — A center-right alliance led by the Social Democratic Party has won Portugal’s general election by a slender margin and is set to form a minority government that could have a difficult term in office as a radical-right populist party that came third in the voting tries to get a hand on the … Read more
PIURA, Peru — Residents of Pedregal Grande, a poor neighborhood in the Peruvian city of Piura, receive water for only 30 minutes a day because of shortages, forcing them to collect it in plastic tanks that have become breeding grounds for mosquitoes. Scorching temperatures and a lack of air conditioning force people out of their … Read more
The escalating military confrontation between the United States and Houthi militants is threatening to deepen a humanitarian crisis in Yemen, where aid groups were already struggling to meet the country’s needs, relief workers have warned. Nearly a decade of civil war in the Arabian Peninsula country has driven millions of people from their homes, deepened … Read more
Comment on this storyCommentAdd to your saved storiesSave You’re reading an excerpt from the Today’s WorldView newsletter. Sign up to get the rest free, including news from around the globe and interesting ideas and opinions to know, sent to your inbox every weekday. Over the weekend, it seemed a nation’s conscience had stirred into action. … Read more
Comment on this storyCommentAdd to your saved storiesSave DAKAR, Senegal — An African branch of the Islamic State that for years was an afterthought for the main organization is surging in strength, expanding the ranks of its fighters and controlling more territory than at any point since its founding in 2015, researchers say, part of … Read more
The UK is currently dealing with an alarming rise of crypto—the diarrhea-causing intestinal parasite, not the baffling currency. In a report this month, health officials documented a much higher number of cases than expected so far in 2023. It’s not clear yet why crypto is surging in the country, though the increase may be tied … Read more
Comment on this storyComment The Biden administration raced to deliver military support to Israel on Monday in its spiraling conflict with Hamas, as U.S. officials vowed to account for Americans killed or potentially held hostage in the Gaza Strip. A senior defense official said the Pentagon was “surging support” to its closest Middle Eastern ally … Read more
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about … Read more
Just a few months ago, investors appeared relatively sanguine about the dreaded prospect of stagnant economic activity and rising inflation. Oil prices surging to the brink of $100 per barrel and the specter of higher for longer inflation have renewed concern about stagflation risks, however. “I think that the big bogeyman out there is stagflation, … Read more
Chinese firms are playing an increasingly critical role in supplementing Russia’s struggling economy and boosting its military capabilities, including via the trade of goods for use on the battlefield in Ukraine, new analysis by CNBC shows. Russian customs data filed as recently as August 2023 point to the continued import of drones, helmets, vests and … Read more