Ukraine’s president recently pitched an idea at a global video meeting: teaming up to keep ships safe in the Strait of Hormuz. The strait is a narrow waterway between Iran and Oman that sees a huge chunk of the world’s oil pass through. He argued that how countries handle Hormuz now could set a patt
Ukraine isn’t waiting for the war to end to start rebuilding. A joint fund created last year by the US and Ukraine is already making moves to pump money into key industries. The fund, launched as part of a minerals deal, has set its sights on five big sectors: critical minerals, infrastructure, ener
Japan and the United States have decided to increase their discussions about currency values following a meeting between their top finance officials. This move comes as both countries watch the Japanese yen hover near a key level that triggered past currency interventions. Japan’s finance minister p
Ukrainian Foreign Minister Andrii Sybiha spoke with Israeli minister Gideon Sa’ar about a Russian ship that docked in an Israeli port carrying grain. The grain, which Kyiv says was taken from Ukrainian farms during Russia’s 2022 invasion and the 2014 annexation of Crimea, was allowed to enter Israel
Japan has announced a new plan worth 10 billion dollars aimed at ensuring a steady supply of oil from Asia. The government will invest in projects that help secure shipping routes and storage facilities near key suppliers. By doing so, it hopes to reduce the risk of shortages caused by political ten
Japanese firms that rely on naphtha, a key oil by‑product used in adhesives and paints, are cutting orders or lowering production after delivery delays and price hikes. The trouble began last week when more than a dozen companies, including Toto and Asahi Kasei, warned that their supplies were unrel
Japan is set to relax its strict arms export rules, a move that has caught the eye of countries from Poland to the Philippines. The decision follows President Donald Trump’s uncertain stance on defense commitments and the ongoing conflicts in Iran and Ukraine, which have strained U. S. weapon suppli
Ukraine felt a sigh of relief when Hungary’s new prime minister, Peter Magyar, took office after defeating long‑time leader Viktor Orban. The change could unlock a 90 billion euro loan that Kyiv needs to keep fighting Russia, though the new leader is not a strong supporter of Ukraine. Magyar’s cen
Ukraine is reaching out to Oman, Kuwait, and Bahrain to share its knowledge on stopping drone attacks, according to the country's president. Earlier this month, Ukraine's leader visited several Middle Eastern nations to pitch its expertise in countering drones, particularly those from Iran. During t
Japan’s finance chief recently shared her view on private credit, a fast-growing but shadowy part of finance worth about $2 trillion worldwide. She pointed out that Japan’s own exposure isn’t large and doesn’t pose a big threat right now. Still, she’s keeping an eye on how things move, especially as
