Skip to content
Search

Latest Stories

Middle East

Hard Numbers: Crypto upgrade, Angolan inauguration, Iran’s SCO bid, soaring US mortgage rates, enthusiasm for omicron boosters

Crypto upgrade, Angolan inauguration, Iran’s SCO bid, soaring US mortgage rates, enthusiasm for omicron boosters

Representation of Ethereum, with its native cryptocurrency ether.

Reuters
Make us preferred on Google

99: Ethereum, the world's no. 2 cryptocurrency after Bitcoin, successfully completed a long-awaited software upgrade that will reduce carbon emissions linked to its mining by 99%. Crypto fans hope “the merge” will help get environmentalists off their backs and end the crypto price slump they’ve suffered since May.


2: Following an unusually competitive election, João Lourenço was inaugurated on Thursday for his second term as Angola’s president. What should we expect? Protests from the opposition, which contested the result as rigged.

9: Iran just inched a step closer to becoming the ninth member of the Shanghai Cooperation Organization by signing a memo to join the Central Asian security bloc. Increasingly isolated on the global stage, Tehran needs all the friends it can get — it also recently applied to join BRICS.

6: Thirty-year fixed mortgages, the most common home loan in America, surpassed 6% for the first time since 2008, double what it was nine months ago. This comes as the consumer price index released this week showed the cost of housing remains stubbornly high despite rising interest rates.

72: Around 72% of Americans say they would get a new COVID booster shot, the first vaccine developed to match developing Omicron variants, according to the Centers for Disease Control and Prevention. Still, this comes amid growing criticism that the public awareness campaign around the new shots has been sluggish.

More For You

​Crude oil tanker Odessa, carrying UAE crude after passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, navigates the waters at Daesan port, in Seosan, South Korea, May 8, 2026.

Crude oil tanker Odessa, carrying UAE crude after passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, navigates the waters at Daesan port, where it is expected to discharge crude oil, in Seosan, South Korea, May 8, 2026.

REUTERS/Kim Soo-hyeon/File Photo
The memorandum of misunderstanding?The US and Iran exchanged strikes for a third consecutive night, with Washington striking military targets, vowing to reimpose its naval blockade, and Tehran hitting allies in the region. The uptick in fighting centers on a dispute around the Strait of Hormuz, as each side appears to have a different [...]
​Egyptian pounds, a gold bar and a necklace are seen during an interview with Mohamed Abdeen, an Egyptian jeweller, in Cairo, Egypt, on February 5, 2026.

Egyptian pounds, a gold bar and a necklace are seen during an interview with Mohamed Abdeen, an Egyptian jeweller, as demand for gold bars and coins rises in Egypt, with buyers seeking a safer store of value amid volatile markets and economic uncertainty, traders and industry officials said, in Cairo, Egypt, on February 5, 2026.

REUTERS/Amr Abdallah Dalsh
Gold bust along the Egypt-Sudan border Egypt said on Monday it arrested more than 200 people along its southern border – most of them foreigners – as part of a crackdown on illegal gold mining and smuggling in the area. The border region is rich in mines: if you know the regional name “Nubia” you’re actually saying the ancient Egyptian word for [...]
Trump’s ineffective pressure campaign on Iran and China
- YouTube
Ian says President Trump assumed Iran would “cave” after US and Israeli strikes against its leadership and military capabilities. Instead, Tehran used its leverage over the Strait of Hormuz to force Washington to back down. [...]
UK Prime Minister Keir Starmer stands with his wife Victoria Starmer after announcing the timeline for his resignation, outside 10 Downing Street, in London, United Kingdom, on June 22, 2026.

UK Prime Minister Keir Starmer stands with his wife Victoria Starmer after announcing the timeline for his resignation, following Andy Burnham's decisive victory last week in the Makerfield by-election, outside 10 Downing Street, in London, United Kingdom, on June 22, 2026.

REUTERS/Jack Taylor
Starmer resigns, and the UK prepares to turn leftAfter less than two years in office, Prime Minister Keir Starmer announced on Monday morning that he would resign as Labour Party leader. “I have spoken to His Majesty the King this morning to inform him of my decision,” said a tearful Starmer outside Downing Street, who will exit office by [...]