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Posted on May 1, 2026

Balikatan 2026: US Army, Philippines Enhance Bilateral Knowledge of Air and Missile Defense

NAVAL STATION LEOVIGILDO GANTIOQUI, Philippines – The U.S. Army, alongside Philippine and Japanese partners, recently conducted multiple defensive ...

Posted on May 1, 2026

Japan’s big trading houses expect record profits but utilities forecast pain as Iran war weighs

Some big Japanese trading houses forecast on Friday record annual profits as the U.S.-Israeli war on Iran keeps commodity prices high, while Japanese utilities warned of weaker earnings as fuel procurement costs spike.

Posted on May 1, 2026

Japan risks Trump’s ire as Iran war fallout sparks currency intervention

“FX intervention will only get them so far,” one strategist said after the yen surged.

Posted on May 1, 2026

Bangladesh summons Indian envoy over Assam chief minister’s remarks

Bangladesh has summoned India’s acting High Commissioner in Dhaka to formally protest against remarks made by Assam Chief Minister Himanta Biswa Sarma, in a move that underscores renewed tensions ...

Posted on May 1, 2026

Etihad layoffs, $3.45 billion shock demand and more: Why UAE is tightening screws on Pakistan while embracing India

A string of moves, from Etihad layoffs to a $3.45 billion repayment demand and potential business exits, shows the UAE is taking a tougher, more transactional stance toward Pakistan.

Posted on May 1, 2026

Your Taxes: Israel’s lower mid-market is tempting international M&A buyers

Looking ahead: The outlook for cross-border activity in Israel’s lower mid-market appears constructive. At the same time, this is not a market for opportunistic or unprepared sellers. Buffett paid ...

Posted on May 1, 2026

Tajik businessmen visit Belarusian enterprises, discuss Industrial cooperation, investment projects

During the visits the Tajik delegation examined in detail the manufacturing capabilities of the enterprises, the technologies they use, the organization of manufacturing processes, and the product ...

Posted on May 1, 2026

UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten

UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.

Posted on May 1, 2026

Dubai chefs shrink menus as Iran conflict makes tomatillos, scallops harder to source

Restaurants are reporting shortages of imported produce and a drop in customer demand linked to weaker tourism flows ...

Posted on May 1, 2026

United Arab Emirates will leave OPEC in a blow to the oil cartel

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices.

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