Araghchi: No One Thought Iran Could Resist the US Like This

SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls One month ago, Japanese tech giant SoftBank Group, was forced to downsize plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors. Today, it couldn't even get that done after talks with potential creditors to raise the downsized $6 billion stalled amid rising concerns about the collateral value, Bloomberg reported citing people familiar with the matter.  As a result, the company is now considering various different fundraising options, although it could still move forward...

US Southern Command announced on Monday that its forces bombed another alleged drug-running boat in the waters of Latin America, and said that the attack killed at least two people. SOUTHCOM said the strike targeted a boat in the Eastern Pacific Ocean, and it offered no evidence to back up its claim that the small […]

IMO Draws Up Hormuz Evacuation Plan For 800 Ships Trapped In Gulf Tanker traffic through the Hormuz chokepoint remained muted as of Tuesday morning, with maritime movement still far below pre-US-Iran conflict levels. The ship backlog in the Persian Gulf has now swelled to a staggering 800 vessels, underscoring the scale of the disruption, while the International Maritime Organization is reportedly drawing up evacuation plans for stranded ships. Bloomberg quoted the Secretary-General of the IMO, Arsenio Dominguez, who stated on the sidelines of Singapore Maritime Week earlier today that the...