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The European Council, European Parliament and European Commission reiterated their commitment to reducing the EU's economic dependence on Russia.

2026-06-08

The European Council, European Parliament and European Commission reiterated their commitment to reducing the EU's economic dependence on Russia.

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2026-06-08

Houthi militants said they launched a volley of missiles targeting sensitive sites in Israel’s Jaffa area and announced an immediate, comprehensive ban on Israeli navigation in the Red Sea. The group said it will treat any Israeli movement in the are

Houthi militants said they launched a volley of missiles targeting sensitive sites in Israel’s Jaffa area and announced an immediate, comprehensive ban on Israeli navigation in the Red Sea. The group said it will treat any Israeli movement in the area as a military target and pledged to escalate its military response in step with developments and in coordination with the resistance axis in Iran, Lebanon, Iraq, Palestine and Yemen. The statement framed the action as retaliation against U.S. and Zionist aggression and as a measure to break what it called an oppressive blockade.
2026-06-08

Oxford Economics head of Japan research Shigeto Nagai said the Bank of Japan is more likely to raise its policy rate from 0.75% to 1.00% in June rather than July, citing rising global inflation concerns and market pricing of further Fed hikes over th

Oxford Economics head of Japan research Shigeto Nagai said the Bank of Japan is more likely to raise its policy rate from 0.75% to 1.00% in June rather than July, citing rising global inflation concerns and market pricing of further Fed hikes over the next year. He warned a delayed hike would disappoint markets and could trigger further yen weakness, but flagged uncertainty from the Middle East conflict — and Japan's sensitivity to trade shocks — as a reason for caution.
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