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UAE Rejects Aggressions Against Lebanon's Sovereignty
The UAE Ministry of Foreign Affairs has issued a statement affirming the country's categorical rejection of any aggressions that affect Lebanon's sovereignty, security, and stability.
UAE Condemns Israeli Attack on Lebanese Army Vehicle
The United Arab Emirates has condemned an Israeli strike on a Lebanese army vehicle in southern Lebanon that killed several soldiers, raising regional tensions.
Egypt Mediates Palestinian Faction Talks to Bridge Differences
Egypt is working to reconcile Palestinian factions, with the outcome dependent on their ability to resolve internal divisions.
Disagreements Emerge Among Palestinian Factions Over Gaza’s Future
Differences have surfaced between Hamas and other Palestinian factions regarding a unified position on key issues shaping the future of Gaza.
Weekend Markets: USOIL Up 1.4%, Indices Mostly Flat
A weekend market update shows USOIL rising 1.4% while major equity indices and currencies trade near flat, with slight mixed moves across asset classes.
Victim Dies in Central Israel Attack, Several Wounded
One person has died from injuries sustained in an attack in central Israel, while two others are seriously wounded and three more have moderate injuries, according to the Israeli Broadcasting Authority.
Lammy challenges Vance over remarks linking teen's death to UK immigration
UK Deputy PM David Lammy spoke to US VP JD Vance to dispute his comments blaming UK immigration policies for the death of teenager Henry Nowak.
North Korea Needs Rapid Missile Production Growth to Meet Army Demand
An unnamed source stated that rapid growth in missile production is required to satisfy sharply increased demand due to changes in the Korean People's Army structure and combat composition.
China’s First Prefabricated Computing Power Hub Begins Operations
China’s first prefabricated computing power hub has started operations, offering a faster and lower-cost method to build and supply electricity to data centers, according to a CCTV report.
US Employee Share of Corporate Profits Hits Record Low at 54%
Employee compensation as a percentage of corporate GDP has fallen to approximately 54%, the lowest level since records began in 1948.
UK pressed to fund next-gen fighter jet as Germany, Canada show interest
Britain faces pressure to approve funding soon for its joint next-generation fighter jet project with Japan and Italy, while Germany and Canada are reportedly considering joining the initiative.
Kosovo Holds Third Election in 18 Months to Break Political Impasse
Kosovo votes Sunday in its third general election in 18 months, aiming to resolve a political deadlock that has blocked progress on normalizing ties with Serbia and unlocking European aid.
Taiwan Deploys Ships After Chinese Survey Vessel Near Pratas Islands
Taiwan's navy dispatched the patrol frigate CG-129 Kaohsiung and two patrol boats after a Chinese survey vessel was spotted near restricted waters around the Pratas Islands, according to CNA.
US Employee Share of Corporate Income Hits Record Low 54% as Profits Surge
Employee compensation as a share of US corporate GDP has fallen to about 54%, the lowest level since records began in 1948. Meanwhile, corporate profits as a share of GDP have risen to an all-time high of approximately 11.5%.
Cuba Says U.S. Oil Blockade Killing Children
Cuban Foreign Minister Bruno Rodríguez accused the United States of causing the deaths of Cuban children through its oil blockade and heightened threats against the island.
US Forces Shoot Down Iranian Drones Threatening Strait of Hormuz
US Central Command reported that American forces shot down two Iranian one-way attack drones near the Strait of Hormuz. The drones posed a threat to international maritime traffic.
US Home Sellers Retreat: Delistings Hit Highest Since March 2020
Delistings as a share of US home listings hit 5.8% in April, the highest since the pandemic onset, with Atlanta leading at 10.7%. Sellers are pulling properties as inventory outpaces demand, deepening the market stalemate.
US tech layoffs surge in May, AI cited as top reason
US-based technology employers announced 38,242 job cuts in May, the highest monthly total since August 2024, according to Challenger Gray data. AI was the most cited reason for the third consecutive month, with 38,579 cuts attributed to AI in May alone.
Global Central Banks Buy 17 Tonnes of Gold in April, Reversing March Sales
Global central banks added 17 tonnes of gold in April, reversing March's net sales. Poland led purchases with 14 tonnes, while China added 8 tonnes, extending its buying streak to 18 months.
Palestinian Factions End Cairo Meeting, Plan Further Talks with Mediators
Palestinian factions concluded a meeting in Cairo and agreed to hold another session with mediators today, as disagreements persist on key issues.
US Small Business Hiring Intentions Halve, Hit 2001/2008 Recession Lows
Just 9% of US small business owners plan to hire in the next 3 months, the lowest since May 2020 and matching levels seen during the 2001 recession and the start of the 2008 financial crisis. Hiring intentions have halved over six months, while 13% cite labor costs as their top problem, a record high.
Trump Says US May Take Equity Stakes in AI Companies, to Meet Executives Next Week
President Trump indicated the administration could buy equity stakes in US AI firms and will host a meeting with AI executives as soon as next week, according to Reuters.
GCC Secretary General: Security of Bahrain and Kuwait Integral to Cooperation Council States
The Gulf Cooperation Council reaffirms that the security of Bahrain and Kuwait is inseparable from that of all GCC members, pledging unified support.
GCC Secretary-General Condemns Iranian Terrorist Acts as Dangerous Escalation
The Gulf Cooperation Council's top official labeled Iranian actions as dangerous, irresponsible, and a direct threat to regional security, citing violations of international law.