Heightened geopolitical risks are set to elevate credit pressures for emerging-market sovereigns and issuers in 2026, global credit rating agency Fitch Ratings said in a new report published on Friday.
The US sanctioned Iran's interior minister and IRGC-linked figures over protest crackdowns, while the EU designated the IRGC a terrorist group. Israel welcomed the move, Iran condemned it, and new EU measures targeted officials, drone programmes and human rights abuses.
Trump stated that Iran wants a deal but warned of military action if talks fail. Iran agreed to negotiations only on equal terms, rejecting limits on its defence. The US is weighing tougher military options as warships move closer, amid rising tensions over Tehran's nuclear programme.
Arab League chief Ahmed Aboul Gheit defended Arab backing of the US-led Gaza peace board, warned a strike on Iran would be disastrous for global peace, criticised past US vetoes on ceasefire calls, said the world is entering a Cold War phase, and highlighted strong India-Arab ties.
Arab League Secretary General Ahmed Aboul Gheit warned that any military action against Iran would be disastrous for regional and global peace, defended Arab support for a US-led Gaza peace board, criticised past US vetoes on ceasefire calls, and said the world is already in a Cold War ph
According to market experts, the ongoing shift by several countries from dollar reserves to metal-backed assets has further pushed precious metal prices upward.
As global trade undergoes a fresh reordering amid renewed tariff tensions, India will need much more than trade deals to secure long-term gains, according to a report by Emkay Research.
Domestic stock markets opened under heavy selling pressure on Friday amid heightened global market volatility, triggered largely by sharp swings in gold and silver prices.
Trump signed an order threatening tariffs on countries supplying oil to Cuba, escalating pressure on Havana. Mexico paused shipments, calling it a sovereign decision. With Venezuelan oil halted, Cuba faces worsening shortages, as Washington hardens its stance and Havana rejects US pressur
US President Donald Trump threatened tariffs on Canadian aircraft and goods, linking the move to Canada's ties with China and certification disputes. The warning followed Prime Minister Mark Carney's Beijing visit, escalating trade tensions between Washington and Ottawa.
EU foreign ministers designated Iran's IRGC as a terrorist organisation, citing violent crackdowns and security concerns. Israel welcomed the move, while Iran called it a strategic mistake. The decision eases legal action against IRGC members and comes alongside new EU sanctions over huma
US President Donald Trump announced Venezuela's commercial airspace will reopen, allowing Americans to travel. He ordered officials to act by Thursday. The move follows US military action, Maduro's capture, and renewed oil engagement, including a USD 500 million sale, amid easing tensions