Russia launches overnight drone attack on Odesa, injuring four people
Russia launched an overnight drone attack on Ukraine’s Odesa region, damaging residential buildings and infrastructure, and injuring four people, in...
The U.S. dollar strengthened and Bitcoin surged to a new record, as investors shrugged off fresh tariff threats from President Donald Trump.
The dollar gained against major currencies, rising 0.37% to 0.797 Swiss francs and pushing the euro down 0.23% to $1.1692. The dollar index climbed 0.27%.
Markets remained calm despite Trump's threat of 50% tariffs on Brazil, which triggered a 2.8% drop in the Brazilian real.
Investors leaned into riskier assets amid optimism that extreme trade measures were unlikely. This lifted Bitcoin to an all-time high of $113,820 and helped Nvidia reach a historic $4 trillion valuation.
U.S. jobless claims unexpectedly fell, pushing 10-year Treasury yields slightly higher. Fed minutes signalled likely interest rate cuts later this year, further boosting market confidence.
Protests in Iran over soaring prices and a plunging rial have spread to universities in Tehran, as students join shopkeepers and bazaar merchants in demanding government action. With inflation above 42% and the rial at record lows, unrest continues to grow across the country.
Roman Abramovich, the Russian billionaire and former Chelsea Football Club owner, has assembled a “top tier” legal team, including a former White House advisor, as he prepares for a legal battle in Jersey.
The head of Yemen’s Presidential Council, Rashad al-Alimi, has ordered all forces linked to the United Arab Emirates to leave Yemen within 24 hours.
Max Verstappen has been voted Formula 1’s driver of the year for a fifth straight season by team principals, despite narrowly missing out on the championship.
Syria’s permanent representative to the United Nations, Ibrahim Olabi, said Israel has occupied the Syrian Golan Heights for almost sixty years, and that the UN General Assembly this month once again reaffirmed Syria’s sovereignty over the region.
Russia launched an overnight drone attack on Ukraine’s Odesa region, damaging residential buildings and infrastructure, and injuring four people, including three children, according to regional authorities on Wednesday.
Thailand released 18 Cambodian soldiers on Wednesday, ending their 155-day detention. This comes after a ceasefire agreement between the two countries halted 20 days of fighting that killed over 100 people and displaced more than half a million. The soldiers were handed over at a border checkpoint.
Germany’s military planners warn that cyberattacks, sabotage, and disinformation could signal the start of a new war, according to a confidential government document seen by Politico. The plan outlines how Germany would defend itself in a major NATO conflict.
Organisers in New York have successfully completed a test run of the Times Square New Year’s Eve crystal ball, less than 48 hours before the annual countdown celebration.
Bulgaria is preparing to replace its national currency, the lev, with the euro on 1 January, a long-awaited move welcomed by businesses but viewed with scepticism and anger by some citizens.
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