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Zimbabwe Cigar Factory: Zimbabwe has recently entered the premium cigar market with its first hand-rolled cigar factory named Mosiwatuna, inspired by the local name for the iconic Victoria Falls. The factory, led by Shepherd Mafundiqua, is already exporting cigars to the United States. However, this venture now faces an economic challenge due to the recent … Read more
BrahMos Missile: India’s supersonic cruise missile, BrahMos, has now earned the coveted status of being combat-proven, following its effective deployment during Operation Sindhur. This military operation involved targeted strikes against Pakistani air bases, where BrahMos missiles launched from Sukhoi-30 MKI fighter jets inflicted significant damage, demonstrating the missile’s precision, speed, and capability to evade air … Read more
China Trade War Strategy:China has taken a firm stance in its ongoing trade war with the United States. At first glance, this position appears justified. The country enjoys a massive $300 billion trade surplus with the US, driven by exports of critical products such as smartphones, industrial machinery, and rare earth minerals vital to advanced … Read more
US Lifts Sanctions on Syria:In a historic shift, the United States has officially lifted sanctions on Syria, signaling what many hope will be the beginning of a new chapter for the war-torn country. Just a day after the announcement, US Ambassador to Turkey and Special Envoy to Syria, Thomas J. Barak, met with Syrian President … Read more
Harvard vs. Trump:In a significant legal development, international students at Harvard University have received a temporary reprieve as a federal judge blocked the Trump administration’s attempt to revoke their visas. The decision comes amid a legal challenge filed by Harvard, asserting that the government’s actions are both unlawful and damaging to the academic community. In … Read more
Russia Launches Heavy Drones:In the early hours of Saturday, Russia launched a large-scale drone and missile assault on the Ukrainian capital, Kyiv. Explosions were heard throughout the night, with residents waking up between 4 and 5 a.m. to the sound of booms echoing across the city. These were caused by Russian missiles and drone attacks, … Read more
In a significant development late in the trading session, shares of US Steel surged over 20% after President Donald Trump publicly voiced support for the embattled deal between US Steel and Japan’s Nippon Steel. Posting on his Truth Social account, Trump declared that the deal would keep the American steel industry firmly rooted in the … Read more
US Bond Market:The world’s biggest bond market is sounding increasingly louder alarms over the United States’ worsening fiscal situation, particularly in response to President Donald Trump’s latest tax legislation. Investors are growing nervous as the implications of this “beautiful” tax bill begin to unfold. US Bond Market Raises Alarms Over Trump’s Fiscal Moves The world’s … Read more
India Extends Ban on Pakistan-Registered Aircrafts:In a significant development amid escalating regional tensions, India has extended its ban on Pakistan-registered aircraft from entering its airspace until June 23. The restriction, initially enforced on April 30, is part of India’s retaliatory measures following a deadly terrorist attack in Pehelgam that claimed the lives of 26 civilians. … Read more
UK Electric Car Market:With just five years remaining before the UK government begins phasing out the sale of new petrol and diesel vehicles, the automotive industry is undergoing a significant transformation. At SMMT (Society of Motor Manufacturers and Traders) event at Millbrook Proving Ground offered a clear look at this evolution. Out of the 154 … Read more