The Islamic Republic of Iran has generated a massive windfall of up to $15.7 billion for illegally seizing American hostages as part of a ruthless hostage policy that has been fine-tuned since its 1979 revolution, according to new a think tank report. The
Billions of dollars worth of Russian oil profits “trapped” in India are “directly causing the depreciation of the ruble exchange rate”, a former Kremlin finance minister has said. At least $1 billion of Russian proceeds (£800 million) are getting stuck in New
Elon Musk has begun the bizarre rebranding of Twitter to “X”, pledging to strip the website of its instantly recognizable bird logo and light blue color scheme. However, analysts and branding agencies have warned the move could wipe between $4 and $20
JERUSALEM — The Biden administration is facing intense criticism for its reported willingness to pump $17 billion dollars into the coffers of the world’s worst state-sponsor of terrorism — the Islamic Republic of Iran — to reach a controversial deal to impose
A hard-hitting report endorsed by three former education secretaries claims that billions raised by the Apprenticeship Levy has gone unspent. Leading think tank Policy Exchange says that £4.3billion raised by the levy since 2018 has not been spent on apprenticeships. It is
Chinese President Xi Jinping will chair the C+C5 summit later this month as it looks to boost key issues like its Belt and Road Initiative in what its Ministry of Foreign Affairs described as an event of “milestone significance.” For the first
Washington Commanders team owner Dan Snyder reportedly reached an agreement in principle to sell the team for $6 billion to a group led by Philadelphia 76ers and New Jersey Devils co-owner Josh Harris. The Harris group also included billionaire Mitchell Rales and
Jeremy Hunt has backed continuing to pour billions of taxpayer’s money into the BBC amid growing pressure to end the licence fee as the Gary Lineker row spirals. But the Chancellor has warned that the BBC needs to sort out its impartiality
The Chinese government will boost its military spending by 7.2% this year, rising to a total budget of 1.56 trillion Yuan. In U.S. dollars, China’s budget now sits at $230 billion, up nearly $16 billion from its budget in 2022. China’s Ministry
Britain and the EU have been urged to strike another agreement as fast as possible so the UK can rejoin the bloc’s flagship innovation scheme as the Prime Minister mulls over an alternative plan. Rishi Sunak’s “decisive breakthrough” on Brexit negotiations with