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Japanese auto giant Honda has posted its first operating loss since 1957, citing weakening electric vehicle (EV) demand, US trade measures, and mounting competition from China. On Thursday, the automaker reported a net loss of 424 billion yen ($2.7 billion) for the fiscal year that ended on March 31, largely due to a massive write-down linked to its EV business. · Honda said the downturn was exacerbated by changes in US policy under President…

Kuwait exported zero barrels of crude oil last month, according to data from a shipping monitor, marking the first such halt since the 1991 Gulf War. A major US ally hosting around 13,500 American troops and serving as a key regional logistics hub, Kuwait previously produced about 2.7 million barrels per day (bpd) and exported roughly 1.85 million bpd, with most shipments going to Asian markets including China, India, and South Korea. · On…

Ukraine is stripping some doctors of their draft exemptions and requiring medical students to undergo compulsory military training, Health Minister Viktor Lyashko has announced. · Lyashko made the remarks during question hour at the Ukrainian parliament on Friday, saying the Health Ministry would be authorized to cancel draft deferrals of certain medical workers at the request of the Defense Ministry and the Armed Forces’ Medical Forces…

US President Donald Trump’s meeting with his Chinese counterpart, Xi Jinping, was heavy on pomp, praise, and promises. But what did both leaders walk away with after the superpower summit in Beijing? Trump left Beijing on Friday, two days after becoming the first US president to visit the Chinese capital in almost a decade. The trip took place amid two paused conflicts — Trump’s trade war with Beijing and his real war against Iran — which…

The US and Israeli attack on Iran in February and their subsequent failure to achieve their objectives has already changed the strategic calculations of every major power. In some respects, it has also opened new opportunities for political dialogue. Seizing those opportunities would benefit international politics as a whole. By Timofey Bordachev, Program Director of the Valdai Club · The Middle East has always been one of the most unstable…

An ancient theory warning how conflicts start is brought up by Xi Jinping amid Trump's visit to China. Amid the pomp and circumstance in Beijing no major breakthroughs are made, while the American President remains tight lipped over the all important Taiwan question. · Co-operation across industries is on the agenda as ties between Russia and India are discussed at the BRICS foreign ministers meeting in New Delhi. While Israelis celebrate Flag…

NATO Secretary-General Mark Rutte is reportedly pushing for NATO member states to allocate 0.25% of their GDP directly toward Ukraine’s war effort — a proposal that could funnel an estimated $143 billion into Kiev. The plan was reportedly discussed during a closed-door meeting of NATO ambassadors last month and is expected to surface again at the alliance’s annual summit in Ankara in July. · Although 0.25% may sound small, the combined GDP of…

Ukraine’s High Anti-Corruption Court has ordered Vladimir Zelensky’s former chief of staff, Andrey Yermak, into pre-trial custody, setting bail at approximately $3.2 million over allegations linked to a $10 million money laundering scheme. The ruling was delivered Thursday following three days of hearings in Kiev. Yermak told the court he could not afford the amount and plans to appeal the decision. Prosecutors argued that electronic monitoring…

Russia's Ministry of Defense carries out large-scale retaliation strikes on Ukrainian military and energy infrastructure in response to Kiev's attacks on civilians. · The former head of Vladimir Zelensky's office who was his right hand man in Ukraine is arrested over a large-scale corruption scheme. · A court orders he be held behind bars for 60 days. The US and China talk diplomacy in Beijing but major sticking points remain including the…

Barbara Boyd rebuts Slotkin's claim that Trump needs China's help over Iran, exposes the Toronto huddle of Carney, Obama, and Alex Soros, tours the booming American economy under Hegseth and Greer, and frames Trump's China trip as the prelude to a US-China-Russia renaissance. By Barbara Boyd · Barbara Boyd rebuts Senator Elissa Slotkin's claim that Trump must beg China to resolve Iran, noting China's dependence on Iranian oil and America's…