Pakistan’s Crypto Deal Gives Islamabad Rare Access to Trump Administration
Pakistan’s partnership with World Liberty Financial (WLF), the cryptocurrency venture linked to US President Donald Trump’s family, has strengthened diplomatic ties with the Trump administration despite little progress on the project’s original financial goals. According to Trump’s 2025 financial disclosure, WLF generated more than $500 million from token sales last year, making it one of […]
Trump threatens 100% tariffs over digital taxes on US tech firms
US President Donald Trump has threatened to impose a 100 percent tariff on countries that introduce digital services taxes targeting American technology companies, warning that such measures would override any existing trade agreements. In a post on Truth Social on Friday, Trump said countries, particularly in Europe, considering digital taxes on US firms would face […]
SpaceX IPO Debuts on US Markets, Making Elon Musk World’s First Trillionaire
SpaceX made its debut on US stock markets on Friday with a valuation approaching $2 trillion, making CEO Elon Musk the world’s first trillionaire. The company’s shares opened at $150 each, up 11 percent from the initial public offering (IPO) price of $135, before surging 18 percent to close at $159 per share. SpaceX sold […]
Seafarers’ groups welcome Iran-US deal amid Strait of Hormuz crisis
Maritime industry groups have cautiously welcomed a tentative agreement between the United States and Iran aimed at ending months of conflict and reopening the Strait of Hormuz, a key global shipping route. The deal is expected to allow stranded vessels and crews to begin moving again after weeks of disruption in one of the world’s […]
How Much Heat AI Data Centres Produce and Where They Are Located Globally
AI data centres can raise surrounding temperatures by up to 9°C, with major clusters in the US, Europe, and Asia where big tech firms operate hyperscale facilities. As demand for artificial intelligence grows rapidly, tech companies are expanding massive computing facilities known as AI data centres. These buildings power services like chatbots, cloud computing, and […]
Gaza Tech Incubator Struggles to Survive Amid War and Destruction
A Gaza technology incubator continues supporting innovation and entrepreneurship despite massive destruction caused by the ongoing war and economic collapse. The ongoing war in Gaza has devastated nearly every aspect of life in the territory, destroying homes, infrastructure, businesses, and public services. Among the sectors heavily affected is Gaza’s once-growing technology and entrepreneurship industry. For […]
Trump Administration Wind Energy Rollbacks Trigger Lawsuits and Business Uncertainty
The Trump administration’s cancellation of major offshore wind projects has sparked lawsuits, raised business concerns, and intensified debate over US energy policy. French energy company TotalEnergies has become involved in a growing legal dispute after the administration of US President Donald Trump canceled several major offshore wind energy projects and redirected support toward fossil fuel […]
Reform UK Leads Party Fundraising After Major Crypto Investor Donations
Nigel Farage’s Reform UK raised more funds than rival British political parties, boosted by multi-million-pound donations from cryptocurrency investors. Nigel Farage’s political party, Reform UK, has once again raised more money than its major British rivals, according to newly released figures from the UK Electoral Commission. The party secured the highest fundraising total for the […]
LNG Prices May Rise Further Amid Supply Risks and Global Market Volatility
Uniper warns LNG prices could increase further due to supply disruptions, Asian heatwaves, and European storage demand as global energy markets remain volatile. Global liquefied natural gas (LNG) prices may continue rising as ongoing supply disruptions, strong Asian demand, and Europe’s storage requirements increase pressure on energy markets, according to a senior executive at energy […]
Oil Prices Drop Over 1% as Iran Reviews Proposed US Peace Agreement
Global oil prices declined by more than 1% as Iran reviewed a proposed agreement with the United States aimed at extending the ceasefire and reopening the Strait of Hormuz. Global oil prices fell by more than one percent on Tuesday as investors reacted to reports that Iran is reviewing a proposed agreement with the United […]