NEWS

In a historic move aimed at de-escalating one of the world’s most prolonged conflicts, Israel’s cabinet has officially approved a ceasefire and hostage-release deal with Hamas, marking a major diplomatic breakthrough in the Gaza crisis. According to official briefings, the agreement will see the release of around 48 hostages, including women and children, held in

The European Commission has imposed a €2.95 billion ($3.45 billion) fine on Google for breaching EU antitrust rules by distorting competition in the advertising technology industry. This marks the fourth major EU sanction against the tech giant since 2017. Key Findings The Commission’s investigation revealed that Google abused its dominant position by favoring its own

At the Shanghai Cooperation Organization (SCO) summit in Tianjin, China unveiled a series of strategic initiatives aimed at boosting regional economic cooperation and promoting the use of its currency in international trade. Electro-Yuan System for Energy Trade China proposed an “electro-yuan” system—a digital version of the renminbi—to facilitate energy trade with Central Asian partners. This

U.S. President Donald Trump’s special envoy to Ukraine and Russia, Keith Kellogg, says officials are “working very, very hard” to bring an end to the ongoing Russia–Ukraine war. Kellogg’s comments came during his visit to Kyiv, where he met with Ukrainian leaders to discuss potential pathways for peace. Diplomatic Efforts Underway Kellogg emphasized that the

Asian stock markets saw a strong rally in mid-August as the United States and China agreed to extend their tariff truce, easing investor concerns about escalating trade tensions. The announcement sparked optimism, pushing Japan’s Nikkei 225 to record highs and boosting major indices across the region. Tariff Truce Extension Boosts Investor Confidence On August 11,