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Rodrigo Duterte defense asks ICC for more medical tests ahead of trial
Sep 16, 2026

Rodrigo Duterte defense asks ICC for more medical tests ahead of trial

MANILA, Philippines—The defense lawyers of former President Rodrigo Duterte are asking a trial chamber of the International Criminal Court (ICC) for another round of medical examinations that would allow a neurologist and other medical experts to formally assess the detained ex-leader ahead of his trial. The defense, led by counsel Peter Haynes, made the request


Markets on edge as US Fed meets to tackle high inflation
Sep 16, 2026

Markets on edge as US Fed meets to tackle high inflation

LONDON — Oil prices jumped, U.S. bond yields rallied and equities retreated Tuesday as the Federal Reserve looked set to raise interest rates, with high inflation and concerns about artificial intelligence (AI) dominating market sentiment. Brent crude futures again pushed towards $110 a barrel, while average diesel prices in the United States struck a record high of just under $6.27 a gallon, heaping pressure on President Donald Trump ahead of midterm congressional elections. "There's no let-up in the volatility rippling through financial markets, with energy prices staying painfully elevated and worries swirling about the knock-on effect for inflation and interest rates," said Susannah Streeter, chief investment strategist at Wealth Club. The yield on the 10-year U.S. Treasury note hit 5.03 percent, a level last seen in 2007 before the global financial crisis, as investors price in a likely hike in U.S. interest rates. The U.S. Federal Reserve began a rate-setting meeting Tuesday with markets expecting policymakers to pull the trigger on a hike to tackle persistently high consumer pri


US 10-year Treasury yield hits 19-year high with Fed decision eyed
Sep 16, 2026

US 10-year Treasury yield hits 19-year high with Fed decision eyed

NEW YORK — U.S. Treasury yields rose on Tuesday, with the benchmark 10-year Treasury note yield hitting its highest level since July 2007 as investors brace for what may be the first in a series of rate hikes from the Federal Reserve as it tries to tamp down inflation pressures. Bond markets around the globe saw yields rise, in part due to continued pressure from rising oil prices, which have boosted expectations for central banks around the globe to raise interest rates. The yield on the benchmark U.S. 10-year Treasury note rose 4.7 basis points to 5.008 percent after climbing to 5.041 percent, its highest since July 19, 2007, and was on track for its sixth advance in the past seven sessions. The Telegraph reported the Bank of England was poised to announce this week that it will stop selling long-dated government bonds in order to free up cash for the government. Crude prices were up about 2 percent as supply concerns were elevated after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West Pipeline offline, extending gains after Libya said it may declare force


Oil jumps nearly $3 as Saudi export halt, Libya outages stoke supply fears
Sep 16, 2026

Oil jumps nearly $3 as Saudi export halt, Libya outages stoke supply fears

NEW YORK — Oil prices rose nearly $3 on Tuesday after a report said oil loadings at Saudi Arabia's Red Sea port of Yanbu have been suspended, and Libya halted operations at three oil fields, heightening concerns that disruptions to key oil supply routes could persist for weeks. Brent crude futures were up $2.81, or 2.66 percent, at $108.49 a barrel at 1106 a.m. ET (1506 GMT), while U.S. West Texas Intermediate futures were up $3.29 at $104.68 a barrel. If prices hold, both contracts would be on track to close at their highest in nearly four months. Supply concerns have intensified after Iran-backed Houthi forces in Yemen launched fresh attacks on Saudi Arabia on Monday, while Gulf Arab states postponed planned discussions with Iran. The latest strikes followed a Houthi attack on Saudi Arabia's East-West Pipeline on Friday that forced the kingdom, the world's largest crude exporter, to shut the vital export route. Further underscoring supply risks, shipping industry sources told Reuters on Tuesday that oil loadings at Saudi Arabia's Red Sea export terminal in Yanbu had been suspended. Th


Korean lawmaker says Trump due to announce US investment details on Friday
Sep 16, 2026

Korean lawmaker says Trump due to announce US investment details on Friday

A Korean lawmaker said on Tuesday, while questioning the country's finance minister nominee, that U.S. President Donald Trump was due to announce details of Seoul's planned investment in the United States on Friday. Rep. Yoon Hu-duk, a lawmaker from the ruling Democratic Party of Korea (DPK), made the assertion during the hours-long questioning of Lee Hyoung-il, in which he also asked about details of projects being discussed under Seoul's proposed $350 billion U.S. investment commitment. "Trump is due to announce South Korea's investment in the U.S. on the 18th," said Yoon. Lee, nominee for the next finance minister, replied that the matter was still under consultation and that he would comment once discussions had concluded. Yoon also said during the hearing that projects already reported in the media included a gas project in Texas, the construction of eight nuclear reactors and an Alaskan liquefied natural gas scheme. A fourth project appeared to involve the U.S. seeking the reprocessing of roughly 4,000 tons of nuclear material, and a fifth concerned carbon capture, he said. Lee resp


Over 300 Korean workers take legal action against US gov't over Georgia raid
Sep 16, 2026

Over 300 Korean workers take legal action against US gov't over Georgia raid

SEATTLE — More than 300 South Korean workers detained in a high-profile immigration raid at a Hyundai Motor Group-LG Energy Solution joint venture battery plant in the U.S. state of Georgia last year have begun taking steps toward legal action against the U.S. government, CNN reported Tuesday. The workers have started filing administrative claims with nine federal agencies, including the Department of Homeland Security, Immigration and Customs Enforcement (ICE), Customs and Border Protection, the FBI and the departments of justice and labor. The filings are a required step before the workers can pursue lawsuits against the federal government under the Federal Tort Claims Act. A Korean attorney representing the workers said she aims to file claims on behalf of all of them by the end of the year. The claims allege that workers were unlawfully detained during the raid on Sept. 4, 2025, and subjected to poor conditions while held at an ICE detention facility. They are seeking damages for lost work, confiscated belongings and psychological harm, among other claims. Federal authorities detai


Ed Sheeran's supporting acts quit after Macklemore is kicked off tour for pro-Palestinian stance
Sep 16, 2026

Ed Sheeran's supporting acts quit after Macklemore is kicked off tour for pro-Palestinian stance

NEW YORK — Ed Sheeran’s tour of North and South America was plunged into chaos Tuesday when four of his supporting acts abruptly quit in solidarity with the rapper Macklemore, who was dropped for making pro-Palestinian comments onstage. Hours after Sheeran posted on social media about Macklemore's ouster and attributed the decision to the tour's promoters, Irish acts Aaron Rowe and Beoga, the Danish band Lukas Graham, and Finneas posted on Instagram that they were leaving the tour. Rowe and Lukas Graham would have been replacements for Macklemore on Sheeran’s remaining U.S. dates, while Beoga had been performing several songs — including some the Irish folk band co-wrote — with Sheeran around the middle of each set. Finneas, who is Billie Eilish’s brother and musical collaborator, was due to tour with Sheeran in South America later this year. “Artists must not be silenced when they speak up for the oppressed,” Finneas said on Instagram. “I have decided to withdraw from my upcoming tour dates with Ed Sheeran. I stand with Palestine and its people.” Pressure mounts on S


US acknowledges for first time that it has deployed weapons in space
Sep 16, 2026

US acknowledges for first time that it has deployed weapons in space

WASHINGTON — The United States has confirmed for the first time that it has deployed weapons in space, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes. Air Force Secretary Troy Meink told the Air and Space Cyber Conference in Maryland on Monday that the U.S. has fielded “on-orbit space control weapons capable of defending the Joint Force against hostile adversary action.” Meink did not detail what the weapons were, how they work or if they were targeting other objects in space or on Earth. The U.S. had warned two years ago that Russia was developing a new space-based, anti-satellite weapon, though the White House said the danger wasn’t imminent at the time. But reports of the anti-satellite weapon reflected longstanding worries about space threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth. In his r


Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
Sep 16, 2026

Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

WASHINGTON — The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz. The war is expected to increase inflation by 0.5 percent in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses through August 1. The mounting costs have strained U.S. munitions stockpiles and driven up energy prices, raising concerns about the country's ability to respond to other potential conflicts and adding pressure on an already stretched federal budget. The cost was close to the $37.5 billion that Defense Secretary Pete Hegseth reported at a Senate hearing on July 21. The budget office said the majority of the costs stem from the rapid drawdown of munitions, estimating that it could take five years to replenish U.S. stockpiles. Reuters reported in August that the U.S. had used "virtually all" of its long-range precision missi


Prince Harry and Meghan move children to new school over security concerns
Sep 16, 2026

Prince Harry and Meghan move children to new school over security concerns

LONDON — Prince Harry and his wife, Meghan , have moved their two children to a new school over security concerns, a spokesperson said Tuesday, just weeks after the family returned to the U.K. to make a fresh start. “The decision for the children to move school was taken following a discussion with the family’s security team about the practicalities of their current arrangements," the spokesperson said in a statement. Prince Archie, 7, and Princess Lilibet, 5, had only just started the new school year in England after the family relocated from California in late August. British media reported that the distance of the school run and the heavy traffic on the route were among the concerns raised by the couple and their security team. The family is living at a private, non-royal residence outside of London. “This decision should in no way be interpreted as a reflection on the school or the exceptional care the children have received there," the statement added. The news followed reports that Harry and Meghan were awaiting a new risk assessment from the government committee that review


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