News

Putin’s warning: Is the world staring down the barrel of World War III?

Published

3 years ago

October 28, 2022

Putin’s waning: Is this the beginning of World War III?

Putin is warning the world is staring down the barrel of the most dangerous decade since the end of World War Two.

In a wide-ranging speech, Putin slammed the West, accusing NATO of using nuclear blackmail to scare allies away from Russia.

He spent a significant amount of time justifying his invasion of Ukraine, a move which has largely left his nation isolated from the rest of the world.

It follows the West condemning Moscow’s recent nuclear threats, with NATO rejecting claims made by Russia that Ukraine might use a “dirty bomb.”

NATO Secretary-General Jens Stoltenberg says the alliance “rejects this allegation” and “Russia must not use it as a pretext for escalation.”

Putin made this recent speech at the annual Valdai forum after a number of military defeats in Ukraine.

There’s also growing public dissatisfaction within Russia after some 300,000 citizens were mobilised to help fight in the war.

Putin’s speech today was evidently an attempt to win back domestic approval.

Blaming the West for “igniting” the war, he insists there must be a new world order based on “law and justice.”

He says Western nations are engaging in a “dangerous, bloody and dirty game” of denying countries sovereignty and uniqueness – and the West’s “undivided dominance” over world affairs is coming to an end.

It comes as the U.S. says it is “certainly concerned” about escalation in Ukraine.

Defence Secretary Llyod Austin says Russia’s use of a nuclear weapon would result in “a very significant response from the international community,” but concedes open dialogue and communication could help manage tensions.

News

Trump lands in Saudi Arabia for major deals

Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.

Published

20 hours ago

May 14, 2025

ticker NEWS

Trump arrives in Saudi Arabia, launching a four-day Middle East tour focused on economic deals, welcomed by Crown Prince Mohammed bin Salman.

President Trump has officially landed in Saudi Arabia, kicking off a high-stakes four-day tour across the Middle East aimed at major economic wins.

Welcomed personally by Crown Prince Mohammed bin Salman, Trump’s arrival signals the start of key discussions with leaders from Saudi Arabia, Qatar, and the UAE.

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News

S&P 500 rebounds as Nvidia boosts tech shares

S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

Published

1 day ago

May 14, 2025

Ahron Young

S&P 500 rebounds as Nvidia boosts tech shares amid easing U.S.-China trade tensions and softer inflation data.

In Short:
The S&P 500 rose 1% on Tuesday, buoyed by improving U.S.-China trade relations and strong performances from companies like Nvidia. Despite some concerns about high valuations, analysts showed cautious optimism for continued market growth due to positive economic data and government investments.

The S&P 500 rose on Tuesday, returning to positive territory for the year as easing U.S.-China trade tensions boosted investor confidence.

The index gained 1%, with the Nasdaq Composite increasing 1.8%. The Dow Jones Industrial Average fell by 166 points, or 0.3%, due to an 18% drop in UnitedHealth shares.

Nvidia’s stock led the market, advancing 6% after announcing the shipment of 18,000 artificial intelligence chips to Saudi Arabia. This news positively impacted peer companies such as Broadcom and AMD, which increased by around 4%.

Following this rally, the S&P 500 is now up 0.2% for 2025, after previously being down over 17% due to trade uncertainties. The market responded positively to news of a 90-day tariff pause between the U.S. and China, which contributed to a significant surge in stock prices.

Market analysts noted that improved sentiment stems from several factors, including the chip deal, easing inflation pressures, and anticipated tax cuts. The White House also announced a $600 billion investment in the U.S. economy.

In addition to the trade news, softer-than-expected inflation data in April, which reported a 2.3% increase in the consumer price index, further energised the market. Economists had predicted a 2.4% rate.

Investment experts express cautious optimism, acknowledging ongoing concerns surrounding high valuations and market concentration, but suggest that current data may lead to continued market growth in the short term.

News

Trump may accept Qatari jet as the new Air Force One

Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.

Published

2 days ago

May 13, 2025

ticker NEWS

Trump administration considers Qatari royal jet as potential temporary Air Force One, raising diplomatic and ethical concerns.

The Trump administration is reportedly in talks with Qatar to use a royal aircraft as a potential temporary Air Force One.

The jet — owned by the Qatari royal family — would be retrofitted for presidential use and could be offered as a gift during Trump’s term, with the possibility of it being used again as part of his future presidential library.

While no final decision has been made, the deal raises logistical, diplomatic, and ethical questions around foreign gifts, presidential travel, and how Trump may symbolically separate himself from traditional norms.

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