Powell says high rates threaten growth
Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s …
Russia-Ukraine Crisis
How chaos in the Red Sea is putting the U.S. Navy to the test
The U.S. Navy is encountering a tenacious threat in the Red Sea. The Iran-backed Houthi rebels have launched wave after wave of low-cost precision weapons at vessels transiting the area, …
Treasury hunt for Russian oil sanction violators on seas intensifies
A Russian-chartered oil tanker in the sea off Morocco in an area identified by maritime technology company Windward as a hub for smuggling oil. Europa Press | Getty Images The …
Why Pentagon spending billions to bring laser weapons to battlefield
The Israel-Hamas conflict has shed new light on the need to defend against threats that range from small rockets to ballistic missiles. Israel has invested in the Iron Beam system, …
Global rice markets are in crisis amid ‘artificial’ shortage
Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is …
Vessels fake their locations to move oil around the world
A Russian-chartered oil tanker in the sea off Morocco. Maritime technology company Windward identified the area as a hub for smuggling oil. Europa Press | Getty Images Ships are faking …
India’s ‘freedom’ takes precedence over being a U.S. ally: Think tank
India’s relationship with the United States is the strongest it’s been in years. U.S. President Joe Biden and Indian Prime Minister Narendra Modi are set to meet for another bilateral …
Can expensive, American-made weapons like F-16s turn the tide in Ukraine’s war against Russia?
The Ukrainian counteroffensive that launched in June against Moscow’s invasion has run into a Russian wall. In the run-up to the Ukrainian push, weapons from Western allies — such as …