live Iran accuses U.S. and Israel-linked actors of manipulating energy markets
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Ir...
An escalating feud between Elon Musk and Donald Trump threatens to disrupt key U.S. space programs and jeopardize $22 billion in government contracts with SpaceX.
A public clash between SpaceX CEO Elon Musk and U.S. President Donald Trump has raised alarms in Washington and beyond, as political tensions risk spilling into the future of American space exploration.
The fallout began after Musk sharply criticized Trump’s tax and spending proposals, prompting a combative response from Trump during Oval Office remarks. What followed was a volley of attacks on social media, culminating in Trump threatening to revoke federal contracts held by Musk’s companies. In retaliation, Musk said he would begin decommissioning the Dragon spacecraft - SpaceX’s crew vehicle used by NASA.
Though Musk later walked back that statement, calling it “good advice” to cool off, his initial threat sent shockwaves through the aerospace industry. The Dragon capsule is central to U.S. crewed spaceflight under a $5 billion NASA contract and currently serves as the only American vehicle transporting astronauts to and from the International Space Station (ISS).
SpaceX holds approximately $22 billion in government contracts, including missions with both NASA and the Pentagon. The prospect of politically motivated cancellations could seriously undermine U.S. space ambitions, experts warn.
The spat has also fractured a once-cozy relationship between Musk and Trump, which had previously led to favorable policy shifts for SpaceX - ranging from Mars mission proposals to expanded military launch access.
NASA declined to comment directly on the matter. Spokesperson Bethany Stevens stated only that the agency would “continue to work with our industry partners to ensure the president’s objectives in space are met.”
If SpaceX were to pull the Dragon from service, it could disrupt international collaboration aboard the ISS, a cornerstone of space diplomacy.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
Iran is setting conditions for reopening the Strait of Hormuz, including an end to the war, the lifting of the U.S. blockade and sanctions. At the same time, Washington is stepping up economic pressure on Tehran through what the White House calls “Operation Economic Outcast.”
Mail sorting centres used by Nova Poshta, Ukraine's largest private postal company, were destroyed in Russian strikes overnight, the firm said. Elsewhere, four people were injured after drones struck an apartment building in Sevastopol, Crimea, according to the Moscow-installed governor.
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
The U.S. is to take control of a fifth of Venezuela’s vast oil reserves, President Donald Trump announced on Friday. He said that Washington had secured control of more than 65 billion barrels of the South American country’s reserves through a partnership with private business.
Walmart has reached a settlement with the U.S. government over allegations that its pharmacies unlawfully dispensed opioid prescriptions, helping fuel the country's opioid epidemic.
Greenland’s opposition parties have called for Denmark to be held accountable before the International Court of Justice over a decades-long campaign in which women and girls were fitted with contraceptive devices, often without their consent.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
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