What are the potential benefits and challenges of the U.S. taking a stake in Venezuelan oil fields?
Pact with Caracas would bolster US oil supplies for years to come, but may face legal challenges
Pact with Caracas would bolster US oil supplies for years to come, but may face legal challenges
Mao Zedong was perhaps the most influential, and certainly one of the most controversial, figures in 20th-century China. Even five decades after his death, the legacy of his era continues to influence China today
On September 9, Temporary Protected Status for El Salvador expires and the Trump administration has not proposed renewing it
The Middle East war has flared again for the first time in a month, with American strikes on Iran prompting retaliation from Tehran on Monday. Here are the latest developments: - Iran attacks Jordan, UAE - Iran's Revolutionary Guards said Monday they attacked two US military air bases with ballistic missiles in Washington-allied Jordan, causing "heavy damage", state media reported
President Donald Trump and the White House are delivering on another promise: To make November’s midterm elections about him. This week’s Republican midterm convention, dubbed “Trumpapalooza,” comes almost a year after White House chief of staff Susie Wiles promised Trump and his political apparatus would put the president “on the ballot” in 2026. The strategy […]
Meta settles $16.68bn lawsuit over child addiction claims, agreeing to major changes in Facebook and Instagram features
US President Donald Trump has threatened ‘economic D-Day’ on any countries that help or do business with Iran
The Strait of Hormuz has been Iran's most powerful card since the start of the war in late February. But over the past two months, U.S. officials say the American military has steadily eroded Iran's leverage over the crucial waterway. Why it matters: What began six months ago with the goal of degrading Iran's missile capabilities and destroying what remained of its nuclear program has evolved into an open-ended fight over the world's most important energy chokepoint. U.S. officials say they've turned the tide in the strait and believe it could be a watershed moment in the war that brings not only gradual relief to the world economy, but also a better deal with Iran."That sucker is open. The Iranian response is very mild. They don't want us to go back at them. That's the whole ball game. The rest doesn't matter," President Trump told Axios in a phone interview on Thursday. Flashback: When the war began, the Strait of Hormuz was open, oil was flowing without interruption to global energy markets and Brent crude oil was trading at about $72 a barrel. Behind the scenes: Two Israeli officials say the move to close the Strait of Hormuz was initiated by then-commander of the Islamic Revolutionary Guard Corps Navy, General Alireza Tangsiri. In the first 72 hours of the war, Iran announced it was closing the strait and warned it would attack tankers that tried to transit.But behind the scenes, Tangsiri gave an order that dramatically escalated the situation: to deploy naval mines in the Traffic Separation Scheme (TSS), the main international shipping lane through the strait, Israeli and U.S. officials say.Tangsiri was killed three weeks later in an Israeli airstrike in Bandar Abbas, Iran. Driving the news: Iranian attacks on ships and the threat of mines brought commercial shipping to a standstill. In the next two months, Brent crude skyrocketed to as high as $126 a barrel. Trump agreed to a ceasefire on April 8 partly in response to rising gas prices in the U.S. and pressur
Socialist state Rep. Angie Nixon pulled off a stunning upset victory Tuesday to clinch Florida‘s Democratic Senate primary against impeachment-whistleblower-turned-candidate Alex Vindman and will face Sen. Ashley Moody (R-FL) in the November general election. Nixon, a member of the Democratic Socialists of America, was projected to win by the Associated Press with 55.8% to Vindman’s […]
The national debt exceeded $40 trillion for the first time in history, leading economists to warn that the United States is staring down a fiscal reckoning. The Treasury Department reported on Wednesday that the debt crossed the $40 trillion mark the day before. The government has been running budget deficits for years, and for the […]
Tuesday is the Florida Man primary. "It's really weird," one political pro said. Why it matters: Florida, MAGA's beating heart, is President Trump's home and was a top, successful target of his redistricting push to add more GOP-leaning congressional seats. Zoom in: What makes some of the contests stand out isn't their competitiveness — it's how they invoke the wacky Florida Man internet meme. These campaigns featured carpetbaggers, racial conflict, homophobia, struggling socialists, antisemitism, and even a scandal-plagued member of Congress slapped with a restraining order."It's like Florida Man is having his own election right now," said a Republican political consultant financing one of the state's marquee races. Between the lines: As in the rest of the nation, Trump's approval ratings have declined in Florida. But it's a mostly Republican state, and oddsmakers and political insiders from both parties believe the odds still favor the GOP. Registered Republicans outnumber Democrats by about 1.5 million in Florida. In 2018, Trump's prior midterm, Democrats outnumbered registered Republicans by 245,000. Tuesday's key showdowns in Florida: 1. The governor's race: Rep. Byron Donalds is expected to cruise to a win over his lesser-known and comparatively underfunded opponents in the Republican primary. Donalds is on the cusp of becoming the GOP's first Black nominee for Florida governor, and he'd be the favorite to become the Sunshine State's first Black governor.One of Donalds' opponents — James Fishback — has generated social media buzz and snagged mainstream media coverage, partly with racist dog whistles. Two weeks ago, a federal judge ordered Fishback to pay his former hedge fund $1.3 million in attorneys' fees and costs stemming from a contentious split.On the Democratic side, former Rep. David Jolly is outraising and outspending lesser-known rivals. Jolly, a former Republican, made the unorthodox decision to pick former Democratic Rep. Gwen Graham as his running