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Economy & Trade
71 subjects found
SpaceX Goes Public, Musk Becomes History's First Trillionaire
The biggest IPO ever — $75 billion raised, a valuation nearing $2.2 trillion — pushes Elon Musk's fortune past $1 trillion in a single session. And analysts are already calling it a 'hopes-and-dreams IPO.'
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Trump threatens to seize Kharg Island, then calls it all off: the rollercoaster war over Iran's oil
Trump vows 'total control' of Iran's oil 'much like Venezuela,' eyeing the island that ships 90% of Tehran's crude — then, hours later, cancels the strikes and declares a deal 'all but finalized.'
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Washington bombs Iran's water reservoirs and threatens bridges and power plants as the deal collapses
Twenty thousand Iranians cut off from drinking water in 50°C heat, US bases hit from Kuwait to Bahrain, and a president who promises to 'keep going' — April's truce is hanging by a thread.
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Ukraine: Zelensky 'positive', EU 21st sanctions package, Moscow says it received no details
Zelensky says he achieved 'the expected result' from his open letter to Putin after meetings with Trump envoys Witkoff and Kushner. Von der Leyen presents the 21st EU sanctions package against Russia, including for the first time the fishing sector. Moscow says it has not yet received details of the Witkoff-Kushner-Zelensky call.
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Anthropic calls for an AI pause while SpaceX, OpenAI and Anthropic itself rush toward the biggest IPO wave in history
Anthropic's filing for a trillion-dollar debut, the $920-million-per-month SpaceX-Google deal, ChatGPT's 'superapp' overhaul before listing — the race for 21st-century tech dominance is playing out this month.
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Cuba strangled: sanctions on Diaz-Canel and the Castro family, Raúl reappears at 95, hotel chains pack up
Visa and Mastercard suspended, Iberostar and Meliá close 27 hotels, GAESA targeted, Castro indicted for murder, the Atlantic bloc reorganizes — and Havana prepares for invasion.
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Car bans if oil hits $120: the world prepares for rationing
South Korea is considering alternating bans on private cars if crude exceeds $120 per barrel. Pakistan is preparing weekend lockdowns to conserve fuel. The Philippines is converting festivals into subsidies. Five countries, five responses to the unthinkable.
Wall Street collapses, South Korean won plunges: Iran war fractures global economy
Wall Street suffers its worst losses since the conflict began. The South Korean won hits its fourth-lowest monthly level. Jet fuel prices double in Russia. The Philippines converts festive celebrations into fuel subsidies. The economic shockwave from the Iran war reaches every continent.
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Zhongguancun Forum 2026: China Accelerates Its Tech Offensive in AI and Humanoid Robots
The Zhongguancun Forum opens in Beijing from March 25-29 under the theme of integration between technological and industrial innovation. China showcases its advances in AI, humanoid robots, brain-computer interfaces and 6G, asserting its ambition to dominate tomorrow's technologies.
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India Faces Worst LPG Crisis in Its History: 330 Million Households Threatened
The closure of the Strait of Hormuz plunges India into an unprecedented energy crisis. With 90% of its LPG imports blocked, the Modi government invokes the Essential Commodities Act and increases domestic production by 28% in emergency measures. Moody's identifies India as the world's most vulnerable economy.
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Global Energy Crisis: Asia on the Brink After Strait of Hormuz Closure
Iran's closure of the Strait of Hormuz triggers the worst energy crisis since the 1970s. The Philippines declares a national state of emergency with only 45 days of fuel remaining, while Japan, South Korea and India take drastic energy austerity measures.
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