Foreign policy
NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. Kevin Lamarque | Reuters Before this week’s annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product […]
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CNBC Daily Open: The strange times of missiles-led ‘peace’
US President Donald Trump (L) greets Secretary of Defense Pete Hegseth as he arrives to address troops at the Al-Udeid air base southwest of Doha on May 15, 2025. Brendan Smialowski | Afp | Getty Images It’s a strange thought that launching attacks on other countries could lead to peace, but that seems to be […]
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Trump slams Russia’s Medvedev for claiming countries will give Iran nuclear warheads
Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via Reuters President Donald Trump on Monday lashed out at former Russian President Dmitry Medvedev for claiming […]
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Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. At least six commercial aircraft turned around near […]
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U.S. intel found Iran did not move nuclear material from Fordo ahead of attack, Sen. Mullin says
U.S. intelligence found that Iran did not move nuclear material from its Fordo facility before American bombers blasted that site, despite a report to the contrary, Sen. Markwayne Mullin said Monday. “They are claiming that they moved some material,” Mullin said, referring to Israel and Iran, respectively. “Our intelligence report says they didn’t,” the Oklahoma […]
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The Iran-Israel conflict isn’t denting Chinese business optimism in the Middle East
Key Points Chinese shipments to Dubai’s logistics hub have risen by 20% this month from a year ago, according to estimates from Bear Huo, China general manager at FundPark. Chinese companies have increasingly turned to the region in the last few years. “A more stable Middle East serves China’s economic and strategic interests,” said an […]
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Russia watches on as ally Iran is pummeled — and it’s unlikely to go to Tehran’s rescue
Russian President Vladimir Putin tours an exhibition at the Central Museum of the Great Patriotic War on Poklonnaya Gora in Moscow, Russia, April 30, 2025. Alexander Kazakov | Via Reuters Russia’s response to Iran’s call for help is being closely watched on Monday after the U.S. bombed Tehran’s nuclear facilities over the weekend — but […]
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NATO allies will pledge to hike defense spend – but will they deliver?
US Secretary of Defense Pete Hegseth holds a bilateral meeting with NATO Secretary General Mark Rutte (2nd L) at the Pentagon in Washington, DC, April 24, 2025. Brendan Smialowski | AFP | Getty Images Fireworks could kick off during NATO’s annual summit this week, as the U.S. pushes its allies to sharply increase their defense […]
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Why global markets are brushing off U.S. strikes on Iran
A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S. Timothy A. Clary | Afp | Getty Images The U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets […]
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Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and […]
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