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Philippines’ bet on shaky investment pledges from the US risks China’s ire
“You have absolutely no idea of what you’re talking about. The whole point of Pax Silica is to partner with countries who are good at doing different things because everyone wins from a secure supply chain,” wrote US Undersecretary of State for Economic Affairs Jacob Helberg on a social media website in response to an online critic of the US strategic initiative with the Philippines. The spirited exchange came after Manila’s reported rejection of a request to extend diplomatic immunity to US...
Deep learning four decades of human migration
Abstract Human migration is a fundamental driver of global demographic change, shaping population structure, labour markets and social policy across countries1,2,3. Although long-term migration patterns are often linked to economic development4, they can shift rapidly in response to shocks such as conflict, environmental crises and political change5. Despite its importance, migration remains difficult to measure consistently: existing data are sparse, concentrated in high-income settings and...
The Crisis Iran’s Leaders Can’t Ignore
The war between Iran and Israel and the United States has been an economic catastrophe for Iranians. Their country has lost at least 1 million jobs—possibly 2 million—since the war began. In the same period, almost 300,000 eligible Iranians have signed up for unemployment insurance, and job-seeking websites are so inundated with new applications that they keep crashing.
Ukrainian strike kills three in Crimea after Kyiv targets St. Petersburg energy, military sites
Ukrainian strike kills three in Crimea after Kyiv targets St. Petersburg energy, military sites A Ukrainian strike killed at least three people in Crimea, Moscow-installed authorities said on Thursday, a day after Kyiv targeted energy and military facilities in Saint Petersburg during Russia's flagship economic forum. US Secretary of State Marco Rubio warned of a "real" risk of escalation, while Ukraine described the attacks as justified retaliation for intensified Russian strikes on its...
US eyes stake in Azerbaijan's pipelines as economic ties enter new phase after Trump-brokered deal
Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia. The United States wants a direct stake in Azerbaijan's pipeline and energy infrastructure, a senior US official said on Thursday, signalling Washington's ambitions to deepen its foothold in a region long dominated by Russia and China. Speaking at the first Azerbaijan–US Economic Dialogue in...
Rubio torches Democrat after bizarre hearing questions about his shoes: 'Is this a circus?'
Secretary of State Marco Rubio called Wednesday's House Foreign Affairs Committee hearing "a circus" after Rep. Sara Jacobs, D-Calif., questioned him about a pair of shoes he received as a gift from President Donald Trump. The exchange came after Jacobs criticized Rubio's testimony regarding the recent conflict with Iran, arguing that he was unwilling to acknowledge facts. Secretary, it seems like you have an issue admitting facts… You couldn’t admit the shoes the president bought you were...
Rubio torches Democrat after bizarre hearing questions about his shoes: 'Is this a circus?'
Secretary of State Marco Rubio called Wednesday's House Foreign Affairs Committee hearing "a circus" after Rep. Sara Jacobs, D-Calif., questioned him about a pair of shoes he received as a gift from President Donald Trump. The exchange came after Jacobs criticized Rubio's testimony regarding the recent conflict with Iran, arguing that he was unwilling to acknowledge facts. Secretary, it seems like you have an issue admitting facts… You couldn’t admit the shoes the president bought you were...
In deeply red Oklahoma, minimum wage’s biggest 2026 election cycle fight is about to be decided
Efforts to raise the minimum wage have been a winner across U.S. states in recent years, with popular support from voters across both political parties. Right now, it's a deeply red state that is in the throes of a heated battle over the issue, and it's heading to the polls in less than a month as part of midterm elections primary season. A ballot measure for the mid-June primary in Oklahoma — State Question 832 — would hike the state minimum wage from $7.25, where it's stood since 2009, to...
New US tariff, exemptions will provide growth stimulus for Indonesia, minister says
New US tariff, exemptions will provide growth stimulus for Indonesia, minister says JAKARTA, June 5 : Indonesia's chief economic minister said on Friday that an additional 10 per cent duty imposed by the United States on the country's exports, along with the exemptions expected for some of its key products, could help to stimulate economic growth. The U.S. Trade Representative has proposed tariffs of up to 12.5 per cent on imports from 60 countries after determining they had failed to curb...
Negeri Sembilan election: Move to dissolve state assembly Anwar's ‘tit-for-tat’ response to Johor snap polls
analysis Asia Negeri Sembilan election: Move to dissolve state assembly Anwar's ‘tit-for-tat’ response to Johor snap polls Observers told CNA that the move by Prime Minister Anwar Ibrahim's Pakatan Harapan in Negeri Sembilan is a “calculated effort” to preempt any political momentum the Barisan Nasional coalition might gain in Johor’s upcoming state election. The dissolution of the Negeri Sembilan state legislative assembly on Friday (Jun 5) - which had been led by a chief minister from...