Dubai is cashing in on the 2022 Qatar World Cup

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE/AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace Afp | Getty Images DUBAI, United Arab Emirates … Read more

Last minute objections threaten historic UN climate deal

A last-minute fight over emissions-cutting and the overall climate change goal is delaying a potentially historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution. “We are extremely on overtime. There were some good spirits earlier today. I think more people are … Read more

These currencies have tanked this year — and one is down over 75% against the dollar

Zimbabweans queue to withdraw money from a bank on June 21, 2008 in Bulawayo, Zimbabwe. Sky-high inflation continues to affect the Zimbabwean economy. John Moore | Getty Images News | Getty Images Foreign exchange markets have endured a rocky ride in 2022, but in some countries, a combination of geopolitical pressures and central bank missteps … Read more

What a long-term weak pound means for the UK economy

A British one pound coin sits in this arranged photograph in London, UK Bloomberg | Bloomberg | Getty Images LONDON — The British pound’s exchange rate against the US dollars has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time low below $1.10 after the … Read more

What a long-term weak pound means for the UK economy

A British one pound coin sits in this arranged photograph in London, UK Bloomberg | Bloomberg | Getty Images LONDON — The British pound’s exchange rate against the US dollars has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time low below $1.10 after the … Read more

Lula’s stunning comeback sees a new pink tide in Latin America

Political analysts said Lula’s victory marked the most symbolic shift in a political movement that has seen the region’s right-wing governments replaced by leftist leaders. View Press Corbis News | Getty Images A remarkable return to the presidency for Brazil’s Luiz Inácio Lula da Silva heralds a new so-called “pink tide” in Latin America, but … Read more

Wheat prices rose 6% after Russia withdrew from the grain export deal

Farmers are seen harvesting wheat in Druzhkivka, Ukraine on August 7, 2022. Anadolu Agency | Anadolu Agency | Getty Images Global wheat prices rose sharply Monday following Russia’s withdrawal from the Black Sea grain export deal over the weekend. The most active wheat contract on the Chicago Board of Trade jumped 5.8% to $8.77 a … Read more

Wheat prices rose 6% after Russia withdrew from the grain export deal

Farmers are seen harvesting wheat in Druzhkivka, Ukraine on August 7, 2022. Anadolu Agency | Anadolu Agency | Getty Images Global wheat prices rose sharply Monday following Russia’s withdrawal from the Black Sea grain export deal over the weekend. The most active wheat contract on the Chicago Board of Trade jumped 5.8% to $8.77 a … Read more

Russia might be about to withdraw its troops from occupied Kherson

A damaged military vehicle is seen after the withdrawal of Russian forces in Balakliia, Kharkiv Oblast, Ukraine, on Sept. 13, 2022. Anadolu Agency | Anadolu Agency | Getty Images As Russian authorities continue a mass evacuation of civilians from occupied Kherson in southern Ukraine, defense analysts believe that the movement of people is setting the … Read more

Russia looks to deprive Ukrainians of water and electricity supplies

A fire engine stands in front of a burning electrical substation during extinguishing a fire on September 11, 2022 in Kharkiv, Ukraine. Two people died after a rocket hit an electrical substation on the outskirts of Kharkiv. Explosions in the city rang out at 8:00 pm As a result of the impact of two Russian … Read more