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China's exports surge in Jan-Feb despite waning trade with the US
US and Iran dig in as war rages with no end in sight
North Korean leader Kim watches cruise missile tests with his daughter
US allies and rivals in Asia gauge fallout from war in the Middle East
North Korean leader's sister criticizes US-South Korea joint drills
WASHINGTON (AP) – The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central banks like the Federal Reserve.
KABUL, Afghanistan (AP) – Afghanistan’s Taliban government on Tuesday rejected U.S. allegations that it detains foreigners to obtain leverage over other countries, saying Afghan authorities arrest people for violating laws not to make a deal. The U.S. State Department on Monday announced the designation of Afghanistan as a sponsor of wrongful detention.
WASHINGTON (AP) – The State Department on Monday designated Afghanistan as a sponsor of wrongful detention as the U.S. ambassador to the United Nations separately called out the country for engaging in what he said was “hostage diplomacy.”
VERONA, Italy (AP) – The Milan Cortina Olympics ended Sunday with a closing ceremony paying tribute to Italian dance and music inside the ancient Verona Arena, roughly mid-distance between the far-flung mountain, valley and city venues that made these the most spread-out Winter Games in Olympic history.
MILAN (AP) – The United States is on top of the hockey world for the first time in nearly a half-century. No miracle needed.
LIVIGNO, Italy (AP) – By taking chances, Eileen Gu is building a sport. She’s winning medals. Yet on a sunny Sunday at the Olympics where she defended her title on the halfpipe, maybe the best prize of all was knowing her grandma would be proud.
HONG KONG (AP) – China’s exports jumped nearly 22% in the first two months of the year from a year earlier, powered by a surge in shipments of computer chips, autos and electronics. The export figures released by China were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December.
Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.
For the third consecutive year, Michael Bloomberg landed the No. 1 spot on the Chronicle of Philanthropy’s exclusive ranking of the 50 biggest donors of 2025. The founder of the Bloomberg financial-news empire and former New York mayor gave $4.3 billion to support arts, education, the environment, public health, and programs to improve city governments.
DUBAI, United Arab Emirates (AP) – Iran’s attacks on regional oil infrastructure and pledges to choke off maritime traffic left markets on edge Tuesday as the United States promised blistering new strikes. The war entered its 11th day with no end in sight as its effects were felt across the region and beyond.
U.S. Defense Secretary Pete Hegseth said Tuesday would be the most intense day yet of U.S. strikes inside Iran as the Islamic Republic, its firepower diminished, vowed to fight on. Israeli Prime Minister Benjamin Netanyahu meanwhile said the war’s aim is a popular overthrow of Iran’s government, and “we are breaking their bones.”
U.S. President Donald Trump said Monday that the war with Iran began because that country was starting work on a new site for developing material for nuclear weapons. Trump told reporters that Iran was “going to take over the Middle East” if he hadn’t acted and that he was disappointed with the selection of Mojtaba Khamenei to succeed his father.
Israel has struck southern Lebanon, Beirut and an oil storage facility in Tehran as the war in the Middle East keeps escalating, and Prime Minister Benjamin Netanyahu promised “many surprises” for the next phase of the conflict. Iran also hit a desalination plant in Bahrain. A U.S. airstrike damaged an Iranian desalination plant on Qeshm Island.
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