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Iran’s strict internet shutdown is crushing an already shaky economy

At her studio in Iran’s capital, Amen Khademi prepared a fashion shoot for a jacket she designed with Persian-inspired motifs. But even as she applied lipstick to the model, she was distracted, worrying if her business would survive after four months without its main link to customers — the internet.

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A costly war

United States (US) Defence Secretary Pete Hegseth has revealed that the Iran War has so far cost the US taxpayers a staggering US$ 25 billion, on top of the US annual defence budget of US$ 900 billion. This is expected to balloon to US$ 1.5 trillion next year, which is more than double the combined defence expenditu…

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Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis

The United Arab Emirates announced on Tuesday that it would withdraw from OPEC and OPEC+, ending nearly six decades in the oil producers’ cartel. The move removes the alliance’s third-largest producer just one day before members were set to meet in Vienna, and it comes as the war between Iran and the US-Israeli coal…

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The great disconnect: Why Israel is losing America while winning in Iran - opinion

The halls of power in Washington DC have rarely echoed with such full-throated, uncompromising support for the State of Israel. From the Oval Office to the high-ranking echelons of the Pentagon, the Trump administration has framed the US-Israel partnership not merely as a strategic necessity but as the cornerstone o…

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Balikatan 2026: Balancing security and dialogue between Washington and Beijing

AT a time of heightened global anxieties and regional uncertainty, the Philippines and the United States launched the 41st Balikatan Exercises on April 20, 2026. With the participation of partner nations, including Australia, Canada, France, Japan and New Zealand, the 2026 Balikatan is being held while the Iran war …

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South Korea's Hanwha builds arms empire as Ukraine, Iran wars spur spending

U.S. Navy cadets with the Maine Maritime Academy tour the National Security Multi-Mission Vessel (NSMV) State of Maine at the Hanwha Philly Shipyard in Philadelphia, on Aug. 26, 2025. The yard acquired by the South Korean conglomerate in 2024 epitomizes its drive to build ships for the U.S. Navy and expand its globa…

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