Economy
Fitch Maintains Mexico’s Credit Rating, Warns of Risks from U.S. Trade Policies
Credit rating agency Fitch Ratings has affirmed Mexico’s sovereign credit rating at "BBB-" with a stable outlook, signaling confidence in the country’s overall economic and fiscal management. However, Fitch also…
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Historic $142 Billion Arms Deal Signed Between United States and Saudi Arabia
On Tuesday, May 13, 2025, the United States and Saudi Arabia formalized what is being hailed as the largest arms…
Historic $142 Billion Arms Deal Signed Between United States and Saudi Arabia
On Tuesday, May 13, 2025, the United States and Saudi Arabia formalized what is being hailed as the largest arms…
IMF Approves $1B Disbursement to Pakistan
On May 9, 2025, the International Monetary Fund (IMF) approved the immediate disbursement of approximately $1 billion to Pakistan under…
India Temporarily Closes 32 Airports Amid Rising Tensions with Pakistan
In early May 2025, India took the significant step of temporarily closing 32 airports across its northern and western regions,…
U.S. AI Leads, China Closes Gap
On May 10, 2025, during a high-profile hearing before the United States Senate, Sam Altman, the CEO of OpenAI, delivered…
Google Shares Plunge Over 7% as Apple Eyes AI-Powered Search Engines Like Perplexity
On May 7, 2025, Google’s parent company Alphabet experienced a significant stock decline, with shares dropping more than 7%, falling…
Pakistan Closes Airspace in Response to Indian Missile Strikes on Key Airbases
On Saturday, May 10, 2025, Pakistan took the significant step of closing its entire airspace following a series of missile…
Giorgio Armani: From Aspiring Doctor to $11.4 Billion Luxury Fashion Icon
Giorgio Armani is a name synonymous with luxury, elegance, and timeless fashion. His journey from an aspiring medical student to…