Skip to content
Search

Latest Stories

Hard Numbers

Hard number: A superyacht gets through Hormuz

Hard number: A superyacht gets through Hormuz
Natalie Johnson
Make us preferred on Google

While traffic through the Strait of Hormuz is at a standstill amid a double blockade by both the US and Iran, a ship owned by sanctioned Russian billionaire Alexei Mordashov managed to make it through. It’s not clear whether Iran granted the yacht permission to travel between Dubai, in the UAE, and the Omani capital Muscat. Nonetheless, its ability to transit the Strait highlights Tehran’s relationship with Moscow – Iran’s Foreign Minister Abbas Araghchi heaped praise on Russian President Vladimir Putin just yesterday during a visit to the Kremlin. Meanwhile, US-Iran negotiations over the reopening of Hormuz continue to hit a wall.

More For You

Unemployment on the up
Lottie Tellyn
Republicans won’t be happy with the final jobs report before the midterms. Job market growth was weaker than expected, adding fewer than half of the jobs economists had predicted. It was particularly bad for Black Americans, for whom the unemployment rate rose a whole percentage point to 7% – nearly double that of white Americans. Overall [...]
Small countries, super domains
It’s not the first time that a smaller nation has taken advantage of its internet domain. Anguilla, a tiny British territory in the Caribbean, saw registrations of its .ai domain explode in 2023 and now brings in more than $39 million a year from it – nearly a quarter of its total revenue. Tuvalu, a Pacific island nation with the coveted .tv [...]
US forces leave Iraq
Will Fitzpatrick
This is actually the second time the US has left Iraq. The first was in 2011, when Washington ended the occupation which began with the 2003 invasion. But US forces returned in 2014 to lead a multinational fight against ISIS, the jihadist militant group born amid the chaos and sectarian strife triggered by the original US invasion. Today’s exit [...]
Budget bougie
Natalie Johnson
That’s not exactly cheap for a tiny tin of fish eggs, but compared to traditional caviar prices – which can range from about $350 to $3,000 for a similar portion – that’s an unprecedented bargain. Prices for the delicacy are falling across the board these days, for two reasons. First, direct-to-consumer sellers are disrupting the traditional [...]