Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies also rise. Total balances on credit cards and other revolving accounts reached $1 trillion the week … Read More
KAMPALA, Uganda (AP) — The World Bank said it will not consider new loans to Uganda after the East African country earlier this year enacted an anti-gay bill that rights groups and others have condemned. The World Bank had deployed a team to Uganda … Read More
The Pentagon has not yet specified the Marines’ role in deterring Iran from interfering with commercial shipping and threatening neighboring Arab states. WASHINGTON — A contingent of more than 3,000 US Navy personnel and Marines sailed into the Suez Canal on Sunday as … Read More
Aug 9 (Reuters) – Russia will build up forces at its western borders following Finland’s accession to the U.S.-led NATO alliance, Russian Defence Minister Sergei Shoigu told the governing board of the ministry on Wednesday. In opening remarks to the … Read More
Threatening terror chief Nasrallah, defense minister says Israel ‘will not hesitate to use all our power,’ following recent provocations by Iran-backed group on border Visiting the tense Mount Dov region on the border with Lebanon on Tuesday, Defense Minister Yoav … Read More
Italy has passed a one-off 40% tax on the profits banks earn from higher interest rates, in a shock move that has seen shares plummet. A hike in official interest rates has resulted in record profits for Italian banks, prompting … Read More
A group of Indian defense officials and industry representatives told Reuters on Tuesday that India quietly banned military drone manufacturers from using Chinese parts several months ago, due to concerns about security vulnerabilities that could compromise the equipment. India is spending a … Read More
Aug 8 (Reuters) – Iraq’s official media regulator on Tuesday ordered all media and social media companies operating in the Arab state not to use the term “homosexuality” and instead to say “sexual deviance,” the regulator said. The Iraqi Communications … Read More
U.S. scientists at the federal Lawrence Livermore National Laboratory in California announced Sunday that they achieved net energy gain in a nuclear fusion reaction for a second time — this time with a higher energy yield. Why it matters: Scientists have worked for decades to … Read More
With elections due next year, there are fears unrest will grow as the ruling BJP faces criticism over its alleged inaction An imam stabbed and shot to death in a mosque that was then burned to the ground. A young … Read More