Hurricane Dorian spins damaging tornadoes into the North Carolina coast
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Italian banks hit with surprise windfall tax
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 the government’s move. Proceeds will be used to help mortgage holders and to cut taxes,…
Maersk says its ships will avoid Red Sea for the ‘foreseeable future’
Jan. 5 (UPI) — Global container ship giant Maersk said on Friday that it will divert all of its ships away from the Red Sea and the Gulf of Aden citing continued threats in the area. Maersk said in an update that it will avoid the troubled sea routes for the “foreseeable future,” opting the…
Trump hosts Syrian president once wanted as ‘terrorist’ in historic White House visit
No reporters or cameras were allowed into President Ahmed al-Sharaa’s meeting. The United States says it is halting comprehensive sanctions on Syria for the next 180 days, following a high-stakes meeting between President Donald Trump and Syrian President Ahmed al-Sharaa, someone the U.S. once branded a “terrorist,” at the White House on Monday. The Treasury…
‘Japanese First’ Sanseito emerges as powerful force after Upper House poll
The small right-wing populist party Sanseito, which campaigned under the slogan of “Japanese First,” won big in Sunday’s Upper House election, taking 14 seats — the third-most among opposition forces in the poll, after the Constitutional Democratic Party of Japan (CDP) and the Democratic Party for the People (DPP). The stunning results made the upstart…
FBI arrests CIA official in document leak of Israeli military plans against Iran
Nov. 13 (UPI) — CIA official Asif W. Rahman was arrested by the FBI Tuesday in Cambodia on two counts of violating the Espionage Act in classified documents leaks about Israeli military plans. He will appear Thursday in a Guam court. According to the New York Times, citing court documents and a source familiar, Rahman faces two…
Queen Elizabeth II under medical supervision in Scotland due to ‘concern for her health’
THE Queen’s health concerns have reignited after Prince Charles is reportedly visiting his mother daily. Sept. 8 (UPI) — Britain’s royal family said that Queen Elizabeth II was under medical supervision at her Balmoral castle in Scotland on Thursday because her doctors were concerned about her health. The 96-year-old queen has been at the Balmoral…
