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Weekly Financial News β May 8, 2026
π The week’s dominant theme The week of May 1 to May 8, 2026 was dominated by an explosive cocktail: persistent Middle East tensions around the Strait of Hormuz, which kept Brent crude above $100 per barrel, counterbalanced by an insatiable appetite for AI-related stocks. Add to this a historic transition at the helm of […]
International News Bulletin β May 8, 2026
Politics US-Iran ceasefire strained by Hormuz fire exchange – The Iran war’s shaky ceasefire was further strained on Friday as the United Arab Emirates responded to missile and drone strikes. Iran accused the US of violating their truce by targeting two ships near the Strait of Hormuz, while US Central Command said its forces intercepted […]
International News Bulletin β May 7, 2026
Politics Rubio in Rome to mend Washington-Vatican ties – U.S. Secretary of State Marco Rubio arrived at Rome’s Ciampino airport for a two-day visit to Italy and the Vatican, seeking to ease tensions with Pope Leo XIV, the first American pontiff. The trip is also aimed at advancing President Trump’s foreign policy interests in Europe. […]
International News Bulletin β May 6, 2026
Politics US pauses Strait of Hormuz operation amid Iran progress – President Trump announced he is pausing the so-called Project Freedom operation in the Strait of Hormuz, citing "great progress" toward what he called a "complete and final agreement" with Tehran. Iranian President Masoud Pezeshkian, however, called Washington’s demands "impossible," saying the US expects Iran […]
International News Bulletin β May 5, 2026
Politics US-Iran tensions escalate in Strait of Hormuz – President Trump ordered the US Navy to escort oil tankers through the Strait of Hormuz under “Project Freedom,” with the US military reporting it had destroyed six Iranian boats and intercepted drones and missiles. Trump warned Iran would be “blown off the face of the earth” […]
International News Bulletin β May 4, 2026
Politics U.S. launches “Project Freedom” in Strait of Hormuz – President Trump announced a U.S. Navy escort mission to guide neutral and innocent vessels from dozens of countries through the Strait of Hormuz amid the ongoing Iran war. A tanker reported being hit by projectiles seven nautical miles north of Fujairah, UAE, while Iran threatened […]
International News Bulletin β May 3, 2026
Politics Iran responds to US peace proposal with 14-point plan β Tehran has presented a detailed 14-point response to Washington’s proposal aimed at ending the conflict in the Gulf, reigniting cautious diplomacy after weeks of tension. Negotiators say the plan addresses sanctions relief, oil exports and the future of the Strait of Hormuz. Myanmar moves […]
International News Bulletin β May 2, 2026
Politics Trump rejects Iran’s latest peace proposal as conflict enters day 64 – US President Donald Trump said the Iranian peace proposal includes demands he "can’t agree to," prolonging the standoff that began in late February. The US-led blockade of the Strait of Hormuz has now turned away 48 Iranian-linked vessels in 20 days, three […]
International News Bulletin β May 2, 2026
Politics Trump extends Iran war ceasefire β U.S. President Donald Trump announced an extension of the ceasefire in the Iran war, giving mediators additional time to arrange a new round of face-to-face talks. Trump said he is "not satisfied" with Iran's latest peace proposal, signaling that diplomacy remains fragile despite the temporary truce. Hegseth grilled […]
Weekly Financial News β May 1, 2026
Synthesised review of global financial markets for the week of April 24β30, 2026, drawn from specialised newsletters and macroeconomic news. π Dominant theme of the week The week was driven by three structuring forces: Jerome Powell’s final monetary policy meeting at the helm of the Fed, the avalanche of quarterly earnings from US tech giants […]
