Indonesia could face a sharp fiscal squeeze if the US-Israel war on Iran pushes oil prices higher, analysts warn, as this risks inflating the country’s fuel subsidy bill at a time when global ratings agencies and investors are already scrutinising Jakarta’s budgetary discipline. A prolonged war could force policymakers into a difficult choice: maintain fuel…
As the US and Israel continue strikes on Iran, and with retaliatory strikes hitting nearby Middle East states, key shipping routes are being disrupted. Oil and gas production in the region is also being affected. The BBC’s Nick Marsh examines how the war could cause a rise in living costs around the world.
Arsenal are facing a tough choice over who to offload as they must raise funds in the summer, while Real Madrid have earmarked €100 million to spend on bringing in Man City midfielder Rodri and Borussia Dortmund center back Nico Schlotterbeck. Join us for the latest transfer news and rumors from around the globe. Transfers…
Inter Miami attended a White House reception on Thursday to celebrate winning MLS Cup for the first time in club history, with captain Lionel Messi presenting a gift to President Donald Trump. Messi entered the East Room alongside Trump and Inter Miami co-owner Jorge Mas and later handed the president a signature Miami pink soccer…
Reports that Washington could redirect some US military assets from South Korea to the Middle East have stirred unease in Seoul, reviving concerns that a crisis elsewhere could thin deterrence on the Korean peninsula. Analysts said a redeployment of missile-defence systems could leave South Korea feeling vulnerable to North Korean “adventurism” and signal Washington’s “shifting…
While most of the venture world has been chasing AI deals, Max Hodak — the co-founder and former president of Neuralink — has been working on a startup that claims to be on the verge of being the first brain-computer interface company to get a product to market. Those claims haven’t gone unnoticed. Hodak’s startup,…
