Author: Press Room

While US negotiators trade smiles with Tehran, internal rifts and foreign pressure reveal just how fragile Washington’s position has become By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, visiting lecturer at the Institute of Social Sciences of the Russian Presidential Academy of National Economy and Public AdministrationLast Saturday, the second round of US-Iran nuclear talks took place in Rome, following an initial meeting held a week before in Muscat, Oman. Both sides had described the talks as “constructive,” but that optimism quickly collided with a wave of conflicting signals from the Trump administration. Despite the encouraging tone, it…

screenshot While elderly Democrats are fleeing DC by the day, a certain one from the People’s Republic of San Francisco continues to soldier on despite her clearly declining faculties. Former House Speaker Nancy Pelosi held a press conference in San Francisco today with small business owners and community leaders as part of the House Democrats’ “Cost of Living Week of Action.” The purpose of the address was to whine about Trump’s tariffs and economic policies. But what should have been a relatively uneventful speech went viral after Pelosi had some further complications, which will only heighten the cries for her…

An ACEN solar farm in Zambales, north of Manila.Courtesy of ACEN ACEN—controlled by billionaire Jaime Zobel de Ayala and his family’s Ayala Corp—is raising up to 30 billion pesos ($530 million) to build new solar and wind farms and almost triple its renewable energy capacity to 20 gigawatts by 2030. To raise the fresh capital, the Manila-listed company plans to sell shares to existing shareholders at 2.30 pesos each, which is about an 18% discount from ACEN’s closing price on Tuesday, before the proposed share-sale was approved by the board. The shares dropped 7.9% to close at 2.58 pesos on…

For many years, pundits have been warning us that the U.S. dollar would collapse.  In 2025, it is actually starting to happen.  The U.S. dollar hit a three year low against other global currencies last week, and on Wednesday the crash of the dollar resumed.  Overall, the U.S. dollar is now down about 9 percent over the past 3 months.  The currency that has benefitted the most is the Swiss franc.  The USD/CHF recently hit the lowest level that we have seen in 14 years.  What we are witnessing is literally a bloodbath, and many experts are suggesting that our…

Intel is reportedly on the verge of announcing layoffs that will cut more than 20 percent of staff in the chipmaker’s first major move under its new CEO, Lip-Bu Tan. The company’s cutback is an attempt to slash bureaucracy, streamline management, and rebuild an engineering-driven culture at Intel, one person with knowledge of the situation told Bloomberg. Tan — who took over as Intel’s Chief Executive Officer after the company’s former CEO, Pat Gelsinger, was ousted last year — is hoping to guide the chipmaker into making a comeback after its dominance in the industry has waned over the years. Intel — which now finds…

President of El Salvador Nayib Bukele repeated his offer to Venezuela’s socialist dictator Nicolás Maduro on Tuesday to send 252 Venezuelans deported from the U.S. back to Venezuela in exchange for Maduro releasing 252 of his political prisoners. Bukele first issued the “humanitarian agreement” proposal to Maduro on Sunday for the liberation of 252 of Maduro’s political prisoners in exchange for 252 deportees suspected of being members of the Tren de Aragua terrorist organization. In addition to Venezuelan political prisoners, Bukele proposed releasing the Americans, Italian, Israeli, and other foreigners representing roughly 20 other nationalities whom the Maduro regime has…

The results of a public opinion survey recently conducted by Brazilian firm Paraná Pesquisas revealed that conservative former President Jair Bolsonaro — who is currently banned from running for office and potentially facing over 30 years in prison — would defeat radical leftist President Luiz Inácio Lula da Silva in a hypothetical matchup. The study, released by Paraná Pesquisas on Tuesday, consulted Brazilians from April 16 to 19 on the subject of Brazil’s electoral situation ahead of the 2026 presidential election. It found that, in a prospective presidential runoff scenario, Bolsonaro would obtain 46 percent of the votes and Lula…

Germany, France and the United Kingdom have urgently called on Israel to lift its blockade of humanitarian aid deliveries to the Gaza Strip, which has been in place for over 50 days.”Palestinian civilians – including 1 million children – face an acute risk of starvation, epidemic disease and death. This must end,” a joint statement by the three countries issued on Wednesday said”Humanitarian aid must never be used as a political tool … Israel is bound under international law to allow the unhindered passage of humanitarian aid,” it continued.Israel must grant the United Nations and humanitarian organizations access to the…

WASHINGTON (AP) — President Donald Trump is putting his “touches” on the White House with new flagpoles, new artwork, a complete redecoration of the Oval Office and possibly covering up the lawn in the Rose Garden.Trump, a former real estate developer and hotelier, said Wednesday that he’s adding two “beautiful” flagpoles to the grounds to fly the American flag “in about a week or so.”The Republican president recently hung new artworks featuring himself, including a rendering of him with his fist raised after last year’s attempted assassination in Pennsylvania. He has spruced up the Oval Office by adding portraits of…

The Conowingo Dam in Maryland is a 550 megawatt hydroelectric generating station on the Susquehanna River operated by Constellation Energy that feeds the PJM Interconnection grid serving Pennsylvania and 13 other states. (Peter Hall/Capital-Star)Federal regulators approved limits on the maximum and minimum prices that electricity generators are paid to ensure an adequate energy supply as part of a settlement between Pennsylvania Gov. Josh Shapiro’s administration and the region’s electrical grid operator.In a unanimous decision Monday, the Federal Energy Regulatory Commission approved a cap on prices that Shapiro claims will save consumers about $21 billion on electricity bills over the next…