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US demand $15,000 bonds for visa applications from 12 more countries
Trump says he has called off latest threats to strike Iran
Climate change worsened floods which killed dozens in southern Africa
The Trump Report: The Latest Updates
French energy giant TotalEnergies resumes Mozambique $20 billion project
US producer prices spike in May in largest yearly jump since 2022
Floods push crocodiles into Mozambican towns as health concerns rise
UK defense secretary resigns, saying government not willing to spend enough on military
What to know about the devastating floods in southern Africa
A look at the SpaceX IPO by the numbers
US demand $15,000 bonds for visa applications from 12 more countries
Trump says he has called off latest threats to strike Iran
Climate change worsened floods which killed dozens in southern Africa
The Trump Report: The Latest Updates
French energy giant TotalEnergies resumes Mozambique $20 billion project
WASHINGTON (AP) – U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the start of the Iran war. The Labor Department reported Thursday that its producer price index – which captures inflation before it reaches consumers – jumped 6.5% from May 2025.
HARARE, Zimbabwe (AP) – As floods ravage Mozambique, crocodiles are appearing in submerged towns and responsible for at least three deaths. In the town of Xai-Xai, the provincial capital of Gaza province and one of the worst-affected areas in the country’s south, authorities have warned residents of heightened crocodile risks as floodwaters spread.
LONDON (AP) – U.K. Defense Secretary John Healey unexpectedly quit on Thursday, saying the government is unwilling to spend enough on the military at a time of “rising threats.” The resignation dealt another blow to embattled Prime Minister Keir Starmer, who is already facing demands from Labour colleagues to step down.
NEW YORK (AP) – When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors.
HONG KONG (AP) – China’s passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported Wednesday, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles.
WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.
President Donald Trump on Thursday said the U.S. would hit Iran “VERY HARD TONIGHT,” threatening in a social media post to “assume total control” of Iran’s oil and gas industries, including the key Kharg Island, in the “not too distant future.”
DUBAI, United Arab Emirates (AP) – U.S. President Donald Trump said Thursday he has called off new military strikes on Iran, hours after threatening to escalate the war. The president said in a social media post that he made the move “based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved.”
LONDON (AP) – U.K. Defense Secretary John Healey unexpectedly quit on Thursday, saying the government is unwilling to spend enough on the military at a time of “rising threats.” The resignation dealt another blow to embattled Prime Minister Keir Starmer, who is already facing demands from Labour colleagues to step down.
JERUSALEM (AP) - Iran launched missiles at Israel in the first such bombardment since a fragile ceasefire took effect in early April, raising the possibility of a return to heavy fighting and complicating mediation efforts to end the war.
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