Tech stocks plummet worldwide as Democrat midterm win spooks AI investors
Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could s...
Gulf states and Iraq remain on high alert amid fears of Iranian retaliation following recent U.S. airstrikes.
In Qatar, the U.S. Embassy has urged its citizens to shelter in place, citing heightened security risks. Last week, access to Al-Udeid Air Base—the largest American military base in the region—was temporarily restricted, and some U.S. aircraft were relocated.
Qatar’s Foreign Ministry has sought to calm concerns, stating that embassy warnings are routine and that the country remains secure, with all necessary precautions in place.
In Bahrain, heightened caution is being observed near the U.S. Fifth Fleet base, with many Americans reportedly evacuating as tensions rise.
Saudi Arabia has issued similar guidance, with the U.S. mission advising Americans to avoid non-essential movement and military zones.
U.S. officials have warned of a credible threat from Iranian-aligned militias. According to sources cited by Reuters, a possible Iranian attack targeting U.S. forces in Iraq or Syria could occur within days, though diplomatic efforts are ongoing.
In Iraq, pro-Iranian Shiite groups such as Kata’ib Hezbollah and Asa’ib Ahl al-Haq are believed to be preparing for strikes against U.S. and Gulf targets. In anticipation of potential counterattacks, militia leaders and their families have gone into hiding and cut communication links.
Security has been reinforced in Baghdad, especially around the U.S. Embassy, as Iraq braces for possible escalation. Major energy firms including ENI, BP, and TotalEnergies have withdrawn some foreign personnel from Iraqi oil facilities as a precaution.
The aviation sector is also reacting. Air France has suspended flights to the Middle East through mid-July, and British Airways has halted operations to Dubai and Qatar, highlighting growing concerns over regional instability.
Romanian authorities said late on Thursday that two additional planes had received bomb threats including a KLM flight to Tel Aviv that had a layover in Bucharest.
U.S. Vice President JD Vance has blamed the war with Iran for the Republicans' defeat in the 2026 midterm elections, arguing that voters who supported President Donald Trump in 2024 turned to the Democrats because of foreign policy and economic concerns.
The war between Russia and Ukraine continued to claim civilian lives this week even as diplomatic activity intensified ahead of planned peace discussions in Abu Dhabi.
As oil prices surge amid conflict in the Gulf, energy leaders at ADIPEC in Abu Dhabi are confronting two major challenges: securing global supplies and meeting soaring electricity demand from artificial intelligence.
A British healthcare worker who contracted Ebola while working in the Democratic Republic of Congo is being transferred to the United Kingdom for specialist medical care, according to British authorities.
Democrats' sweeping victory in the U.S. midterm elections has sent technology stocks plunging, as investors fear tougher AI regulations could slow infrastructure development and threaten the boom that has driven market gains this year.
U.S. Defense Secretary Pete Hegseth has vowed to fight attempts to impeach him, dismissing the growing campaign against him as politically motivated amid mounting criticism of his handling of the war in Iran.
Russia and Iran have signed new documents to allow engineering surveys along the full route of the Rasht-Astara railway, a long-delayed link between the two countries’ rail networks.
Romanian authorities said late on Thursday that two additional planes had received bomb threats including a KLM flight to Tel Aviv that had a layover in Bucharest.
China has said it looks forward to a deeper and more practical relationship with North Korea, in the latest sign of warming ties between the two neighbours.
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