Dollar advances for a second day, supported by strong US jobs data
Singapore: The US dollar advanced for a second day against its major peers in Asian trade on Monday, supported by strong US jobs data and safe-haven demand driven by developments in the Middle East. The euro was down 0.2% at $1.1757, the yen slipped 0.3% to 157.155 yen per dollar and the British p»»»
Fresh Strikes on Iran Aimed at Forcing Deal on US Terms — Expert
The US administration is pursuing one goal — to pressure Iran into concluding a deal favorable to the United States more quickly, Farhad Ibragimov, a political analyst specializing in the Middle East tells Sputnik. That explains the latest series of US attacks on Iran, says the expert.However, in h»»»
War in Middle East Could Unleash $300B Oil Spending Spree
The Middle East conflict may accelerate global oil production investment, Dmitry Kasatkin, managing partner at Kasatkin Consulting, tells Sputnik. But the impact on oilfield services will be mixed, he clarifies, “not simply growth driven by higher prices and increased investment.”“We estimate that »»»
Why China Enters Xi–Trump Summit From Position of Strength
China holds a strategic edge that fundamentally changes the power dynamic ahead of the summit. 1.China produces ~69% of global rare earth mining output and dominates ~90% of refining and permanent magnet production — the critical materials for electronics, EVs, and defense systems2.It strategically»»»
Hantavirus outbreak on cruise ship sparks quarantine debate
A US passenger evacuated from a hantavirus-hit cruise ship has tested positive for the Andes strain of the virus, deepening international concern over how countries are handling those exposed to the rare but potentially deadly disease. The case emerged as the complex evacuation of passengers from t»»»
Smoke fills the sky as Israeli strikes hammer villages in southern Lebanon amid escalating tensions
Dubai: Smoke billowed over the southern Lebanese village of Yohmor after Israeli incendiary munitions struck the area, while additional air raids targeted Zawtar El Gharbiyeh. According to local media, the Israeli military launched around 40 air strikes across villages in southern Lebanon during th»»»
Starmer pledges to bring Britain closer to EU as he fights calls for his ouster
LONDON: Prime Minister Keir Starmer will pledge to bring Britain closer to the European Union as he tries to fight off demands to step down after devastating local election results for his Labour Party.Starmer plans to use a speech on Monday to argue that he will “face up to the big challenges” and»»»
Pakistan slashes Gwadar Port’s tariff rates to attract global shipping amid Iran war disruptions
KARACHI: Maritime Affairs Minister Junaid Anwar Chaudhry announced sweeping tariff reductions at Gwadar Port on Monday, as another transshipment vessel arrived at the port amid disruptions in the Strait of Hormuz passageway due to the ongoing conflict between the US and Iran. Iran has maintained a »»»
Ukraine Reports Russian Attacks and Battlefield Clashes Despite Ceasefire
Ukraine's military and regional officials on Monday reported Russian drone strikes and battlefield clashes over the past 24 hours, despite a US-brokered ceasefire. Ukraine and Russia agreed on Friday to a ceasefire from May 9 to May 11 as part of a US-led push for peace under President Donald Trum»»»
KOSPI surges to new peak of above 7,800 on chip gains despite renewed woes over U.S.-Iran peace deal - UPI.com
This photo, taken Monday, shows the trading room of Hana Bank in Seoul as South Korean stocks rose more than 4 percent to top the 7,800-point mark for a new record high. Photo by Yonhap South Korean stocks closed at a new record high Monday, easily breaching the landmark 7,800-point level, extendin»»»
Syria, Egypt discuss expanding trade and investment cooperation
Damascus, May 11 (SANA) Syrian and Egyptian officials and business representatives discussed ways to expand trade and investment cooperation during a joint economic meeting held virtually on Sunday, amid efforts to strengthen economic ties between the two countries. The meeting brought together Dam»»»
Bangladesh reach 93-2 at lunch on Day 4, lead Pakistan by 115 in first Test
DHAKA, BANGLADESH: Skipper Najmul Hossain Shanto and Mominul Haque batted resolutely to help Bangladesh reach 93-2, and extend its lead to 115 at lunch on Day 4 of the first cricket test against Pakistan on Monday. The pair added 70 runs for the third wicket, after Bangladesh was reduced to 23-2 in»»»
Sudden ‘Veto’ from Iran Thwarts Govt Formation Efforts in Iraq
Two Iraqi officials revealed on Sunday that a sudden “veto” from Iran has thwarted efforts to form a new Iraqi government. Iran has expressed its objection to keeping pro-Tehran armed factions out of the new government. Tehran has demanded that the ruling Shiite Coordination Framework refrain from »»»
Newborn found dead in Xanthi; mother arrested
A newborn baby was found dead Monday morning in an abandoned house in a settlement in Xanthi, northern Greece, authorities said. The circumstances surrounding the infant’s death are under investigation. According to reports by public broadcaster ERT, the baby’s mother was arrested by the Xanthi Pol»»»
100 migrants rescued in two operations south of Crete
A total of 100 migrants were rescued south of Crete in two separate operations on Monday. A patrol boat from the EU border agency Frontex rescued 56 migrants from a vessel 23 nautical miles southeast of Kaloi Limenes in the Iraklio regional unit. The passengers were transported to a temporary recep»»»
Poland's wanted ex-justice minister flees Hungary for U.S. - UPI.com
Zbigniew Ziobro, seen here at a Law and Justice political party convention in October, said Sunday that he had fled Hungary for the United States. File Photo by Art Service Poland Out/EPA May 11 (UPI) -- Poland's former justice minister, wanted on misappropriation-related charges, has fled Hungary »»»
Bessent says will visit Seoul ahead of Trump-Xi summit - UPI.com
U.S. Treasury Secretary Scott Bessent, seen here at an April 15 press briefing at the White House, posted on X Monday that he will visit South Korea before heading to China for a summit this week. Photo by Shawn Thew/UPI | License Photo U.S. Treasury Secretary Scott Bessent plans to visit South Kor»»»
Australia to quarantine six people from hantavirus ship
Sydney, Australia: Australia will place six people from a cruise ship struck with the rat-borne hantavirus in a purpose-built quarantine facility north of Perth for at least three weeks, the government said Monday. The passengers -- four Australian citizens, one permanent resident in Australia and »»»
Groundbreaking: 'Controlled' quakes triggered under Swiss Alps
Bedretto, Switzerland: Researchers have made the ground shake in southern Switzerland, triggering thousands of tiny earthquakes in a monitored setting, as they seek to discover seismicity insights that could reduce risks. "It was a success!" said Domenico Giardini, one of the lead researchers on th»»»
Now down to #12: US passport drops to lowest rank ever on world travel freedom list
The US passport — long a symbol of global mobility and influence — has fallen out of the world’s top 10 most powerful passports for the first time in its history. The shift is driven, in part, by recent changes in visa policies including a new requirement imposed by Brazil for American travelers. A»»»
France’s Macron defends Europe in Africa
NAIROBI: French President Emmanuel Macron, in Nairobi for a two-day economic summit, has defended European involvement in Africa, contrasting relations with China’s strategy across the continent. In an interview with Jeune Afrique and The Africa Report, the French leader said he first strongly cond»»»
Pakistan expects up to $4.6 billion in IT exports this fiscal year — PM office
ISLAMABAD: Pakistan expects IT exports to reach up to $4.6 billion in the current fiscal year, the Prime Minister’s Office said on Monday, underscoring the government’s push to expand one of the country’s fastest-growing sources of foreign exchange. Pakistan’s IT and IT-enabled services sector has »»»
Australia to Quarantine Six People from Hantavirus Ship
Australia will place six people from a cruise ship struck with the rat-borne hantavirus in a purpose-built quarantine facility north of Perth for at least three weeks, the government said Monday. The passengers -- four Australian citizens, one permanent resident in Australia and a New Zealander -- »»»
Iran Hangs Man Accused of Passing info to CIA, Mossad
Iran said Monday it had hanged a man convicted of spying for Israel and the United States, the latest in a wave of executions during the war with the two foes. "Erfan Shakourzadeh... was hanged for collaborating with the US intelligence service and the Mossad spy service," the judiciary's Mizan Onl»»»
EGX reaches highest closing level in recent years as firmer pound supports rally
Cairo — Egypt’s stock market opened the week with strong gains on Sunday, 10 May 2026, as improving currency conditions, resilient liquidity and broad market buying pushed the benchmark index to its highest closing level in recent years. The benchmark EGX30 rose 1.91% to 54,628 points, extending it»»»
Gasoline prices rise sharply in Kyrgyzstan, administration names reason - | 24.KG
The head of the Information Policy Service of the Presidential Administration of the Kyrgyz Republic, Daiyrbek Orunbekov, stated that the sharp increase in fuel prices in the country is linked to the escalation of the conflict between Israel and Iran, as well as a global rise in oil and gas prices.»»»
Worker falls into elevator shaft from 10th floor at construction site in Bishkek - | 24.KG
A fatal accident occurred at a construction site in the city of Bishkek, where a worker died after falling into an elevator shaft. The information was confirmed by the police department of Leninsky district. According to preliminary reports, the incident happened on May 10. The man, 32, was carryin»»»
High blood sugar during pregnancy may affect children's future health
Washington, USA: A new study conducted by researchers at Pennsylvania State University in the United States has shown that high blood sugar levels in mothers during pregnancy may increase the risk of obesity and diabetes in their children later in life, even in cases where the mother is not formall»»»
French passenger from hantavirus ship tests positive: health minister
Paris, France: A French woman repatriated from a cruise ship struck by hantavirus has tested positive with the rare disease, France's health minister said Monday. The woman, one of five French passengers flown back from the MV Hondius and placed in isolation in Paris, started to feel very unwell on»»»
Watch: Hungary’s viral dancing minister lights up PM inauguration
Dubai: Thousands gathered outside Hungarian Parliament Building to celebrate the inauguration of Peter Magyar as Hungary’s new prime minister. The festive crowd welcomed members of the incoming government, including Health Minister Zsolt Hegedus, whose energetic victory-night dancing became an inte»»»
Kallas: EU Expected to Agree Long-stalled Sanctions on Israeli Settlers
The European Union was expected Monday to agree new sanctions on Israeli settlers over violence against Palestinians, the bloc's top diplomat said, as a change of government in Hungary ends months of blockage. "I expect political agreement on the sanctions on violent settlers, hopefully we will get»»»
UniCredit Bank Grants €24 Million Investment Loan to F.B.R. Towers
UniCredit Bank has provided a €24 million real estate development loan to F.B.R. Towers SRL. The financing facility is intended for a major real estate project in western Romania. ATENEO is an expanded residential development with complementary commercial, recreational, and service functions, contr»»»
Raiffeisen Bank Romania ends Q1 2026 with 50% more new customers
Raiffeisen Bank is maintaining its positive momentum in 2026. In the first quarter of the year, the bank attracted 50% more new individual customers than in the same period last year, and the number of those who chose to enroll remotely, digitally, increased by 56% compared to Q1 2025. Total assets»»»
Gen, News launches Gen, Money, an economic news platform for the new generation, with support from ING
Gen, News announces the launch of the Gen, Money project, an editorial platform dedicated to young people, developed in collaboration with ING Bank Romania, a strategic partner. The platform presents economic and financial topics in language that is accessible, relevant, and attuned to the concerns»»»
How Eastern European Businesses Use Stablecoins to Avoid Currency Volatility
Currency risk is a quiet but steady drain on business finances across Eastern Europe. A Romanian IT firm invoicing a client in euros, a Polish supplier settling payments with an Asian manufacturer, a Ukrainian freight operator moving funds under wartime banking restrictions — all face the same core»»»
Romania to conclude memorandum with Mastercard implementing European Digital Identity Wallet
The Romanian government and Mastercard Europe S.A. will sign a memorandum of understanding for the development, by December, of a national wallet solution for digital identity.The system will be interoperable at European level, according to a memorandum passed by the government."The initiative aims»»»
UniCredit Bank backs MidEuropa deal for Romanian Consult
UniCredit Bank S.A. has successfully completed, in its capacity as Mandated Lead Arranger, Global Coordinator and Bookrunner, a syndicated financing transaction related to the acquisition of a majority stake in Romanian Business Consult S.R.L. by MidEuropa. The financing package is intended to supp»»»
Global democracy perception of US collapses, behind Russia and China for first time
A survey of nearly 100,000 people across 98 countries has found that global perception of the US has collapsed to its lowest recorded level — placing it among the five most negatively perceived countries in the world, behind both Russia and China in international favourability, and on the losing si»»»
Global democracy perception of US collapses, behind Russia and China for first time
A survey of nearly 100,000 people across 98 countries has found that global perception of the US has collapsed to its lowest recorded level — placing it among the five most negatively perceived countries in the world, behind both Russia and China in international favourability, and on the losing si»»»
Global democracy perception of US collapses, behind Russia and China for first time
A survey of nearly 100,000 people across 98 countries has found that global perception of the US has collapsed to its lowest recorded level — placing it among the five most negatively perceived countries in the world, behind both Russia and China in international favourability, and on the losing si»»»
Global democracy perception of US collapses, behind Russia and China for first time
A survey of nearly 100,000 people across 98 countries has found that global perception of the US has collapsed to its lowest recorded level — placing it among the five most negatively perceived countries in the world, behind both Russia and China in international favourability, and on the losing si»»»
Global democracy perception of US collapses, behind Russia and China for first time
A survey of nearly 100,000 people across 98 countries has found that global perception of the US has collapsed to its lowest recorded level — placing it among the five most negatively perceived countries in the world, behind both Russia and China in international favourability, and on the losing si»»»
Sanad expands MRO capacity with Dh480m engine repair centre in Al Ain
Sanad, a global aerospace engineering and leasing solutions leader, a subsidiary of Mubadala Investment Company, has announced that it will invest Dh480 million to establish an advanced aircraft engine component repair facility in Al Ain, as part of efforts to expand its global maintenance, repair »»»
Saudi ports handle 14.5m tonnes of cargo in April
JEDDAH: Saudi Arabia’s ports handled over 14.53 million tonnes of cargo in April, down 34.58 percent from more than 22.2 million tonnes in the same month of 2025. General cargo amounted to 514,243 tonnes, with dry bulk cargo reaching 2,815,001 tonnes, according to a statement by the General Authori»»»
On This Day, May 11: IBM's Deep Blue beats chess legend Kasparov - UPI.com
On May 11, 1997, IBM's Deep Blue defeated Garry Kasparov in a six-game rematch in New York. 1 of 4 | World Champion Chess champion Garry Kasparov plays against IBM's Deep Blue computer at the Association for Computing Chess Challenge on February 11, 1996, in Philadelphia. On May 11, 1997, Kasparov »»»
ISNR 2026 set to showcase cutting-edge security solutions in Abu Dhabi
The International Exhibition for National Security and Resilience (ISNR) returns for its ninth edition, under the patronage of Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior. The biennial event will be held at the Abu Dhabi National Exhibition Cen»»»
US citizen from hantavirus ship tests positive
Granadilla de Abona, Spain: The operation to repatriate passengers of the cruise ship at the centre of a deadly hantavirus outbreak continued into Monday, as US officials said an American had tested positive for the virus. The operation evacuated 94 people of 19 different nationalities on Sunday, S»»»
Philippine lawmakers to vote on impeachment of presidential hopeful Duterte
MANILA: Lawmakers in the Philippines are set to vote on Monday on whether to impeach Vice President Sara Duterte, in what could create a major hurdle for her bid to run for the presidency in 2028. A house justice committee last month found probable cause for her impeachment in a petition from activ»»»
In India, Heat-triggered Insurance Offers 'Some Relief'
Clothes seller Lata Solanki used to face a devastating choice when India's summer heat hit dangerous levels: risk her health going door-to-door for sales, or lose her income? But now the 42-year-old is part of an insurance scheme that pays out when temperatures hit a threshold, so she can stay home»»»
7 Dubai outdoor attractions and free parks to visit before summer kicks in
Dubai’s outdoor season doesn’t last forever and right now it's in that final stretch before the city shifts indoors for the summer. The weather is still just about holding up for sunset walks, picnics, playground stops and last-minute outdoor plans that don’t immediately feel like a mistake. But it»»»