The U.S. government's choice to acquire a share in Intel Corp. is a component of a broader plan to establish a sovereign wealth fund and invest in additional firms, White House economic advisor Kevin Hassett informed CNBC. On August 22, Intel announced that the U.S. government would purchase 433.3 million of its shares at a price of $20.47, acquiring a 10% ownership in the firm. The funding for...

An Ipsos poll carried out from August 13-18 among 4,446 US citizens reveals that approximately 58% of Americans favor recognition of the state of Palestine by all UN member states. 33% of those surveyed opposed acknowledging the Palestinian state, while the remainder found it difficult to respond. 74% of those surveyed favor the acknowledgment of Israel by all UN nations, 17% oppose this...

Tokyo has secured the top position in the ranking by the Swiss International Workplace Group (IWG) for the best cities that blend remote work and leisure. According to the IWG report, the Japanese capital secured the top spot in 2025 due to its fast internet, advanced transport network, safety, cultural variety, and the recent introduction of special visas for remote foreign workers. Another...

Iran plans to maintain discussions with IAEA officials to explore avenues for collaboration regarding the Iranian nuclear program, stated Esmaeil Baqaei, spokesman for the Iranian Foreign Ministry, on Monday "The discussions will proceed in the coming days," the Tasnim news agency reported Baqaei as stating. The spokesman for the Iranian Foreign Ministry condemned European nations, pointing out...

The Chinese Ministry of Commerce announced on Friday that China has lodged a complaint with the World Trade Organization (WTO) regarding Canada's limitations on steel and steel products. According to the statement, Canada has openly disregarded WTO regulations by implementing steel quotas and biased tariffs on items made with Chinese steel. Xinhua reported that these measures are considered trade...

During an interview with CNN, US President's special envoy Steven Witkoff stated that after the Alaska summit, Washington is concentrating on a comprehensive peace deal regarding Ukraine, rather than just a ceasefire. “We are dedicated to seeking a peace deal that will swiftly bring an end to the conflict. Quicker than a truce. We examined all the various issues that would be addressed and...

Israel is in discussions with multiple nations simultaneously - Ethiopia, Libya, Indonesia, and South Sudan - regarding the potential acceptance of Palestinians departing from the Gaza Strip, CNN reported on Thursday, referencing a high-ranking Israeli official. “These nations anticipate receiving substantial financial and global compensation in return for accepting some of the over 2 million...

Increasing domestic demand alongside abundant oil reserves will lead to major refining capacity growth in the Middle East, industry source Offshore Technology reports, referencing findings from GlobalData Energy. The Middle East is projected to be the primary area for global conventional refinery capacity increases, representing over a quarter of the overall total by 2030. This expansion is...

According to a joint statement by the foreign ministers, Australia, Germany, Italy, New Zealand, and the United Kingdom have expressed their opposition to the Israeli government's decision to initiate a new military operation in the Gaza Strip. The statement indicated that the Foreign Ministers of Australia, Germany, Italy, New Zealand, and the United Kingdom firmly oppose the Israeli Security...