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U.S. Strikes Iraqi Base Used by Iran-Backed Militia Amid Rising Tensions

U.S. officials said Tuesday that U.S. forces struck a base near Baghdad, Iraq, used by the Popular Mobilization Forces (PMF), an Iranian-backed Shiite militia that has launched numerous terrorist attacks against U.S. troops since the start of the Gaza war. Iraqi Sources Said Four PMF members were killed and four wounded in the attack, which […]

Oil prices jump as tensions in Middle East spike

Oil prices rose on Wednesday as an Israeli air strike appeared to kill a Hamas leader inside Iran, raising fears of a new conflict in the Middle East. West Texas Crude Oil Prices soared Prices rose more than $3 a barrel on Wednesday to about $78, up more than 4 percent. Hamas leader Ismail Haniyeh […]

Taiwan launches annual war games as tensions simmer with China

Taiwan has launched its annual Han Kuang military exercises aimed at simulating real-life combat. China has been conducting regular military drills around Taiwan for four years in an attempt to force Taipei to accept its territorial claims over the island. The five-day military drills will run alongside the Wan’an civil defence exercise, which simulates a […]

Tensions with Secret Service simmer at RNC days after Trump’s near assassination

MILWAUKEE — Security at the Republican National Convention is on edge following the attempted assassination of President Donald Trump on Saturday night, with a security official at the convention site acknowledging “a clear lack of confidence in the Secret Service.” “If I was a member of the Secret Service, I would be embarrassed. I would […]

HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions | HSBC

HSBC has appointed financial chief Georges ElHedery as its new chief executive, handing the reins to a global banking veteran as the bank braces for renewed tensions between the United States and China. El Hedery, who takes up the role in September, will succeed Noel Quinn, who suddenly announced in April that he was stepping […]