Hungary’s Foreign Minister Confirmed Briefing Russia on EU Meetings in Real Time

Hungarian Foreign Minister Péter Szijjártó confirmed this week that he regularly briefed his Russian counterpart Sergey Lavrov on the contents of European Union meetings, setting off a diplomatic crisis across the bloc and deepening Hungary’s already strained relations with fellow member states. The Washington Post first reported the backchannel Saturday, citing current and former European […]

Philippines Declares State of National Energy Emergency Amid Middle East Crisis

President Ferdinand Marcos Jr. declared a state of national energy emergency Tuesday, signing Executive Order 110 in response to escalating conflict in the Middle East that his administration warned poses an imminent threat to the Philippines’ fuel supply. The declaration, the first of its kind under Republic Act 7638, gives Marcos broad authority to implement […]

OpenAI Shuts Down Sora as Disney Deal Collapses

OpenAI announced Tuesday it is shutting down Sora, its AI-powered video generation app, just six months after launch, pulling the plug on what had been one of the most hyped consumer AI products of 2025 and collapsing a landmark $1 billion deal with Disney (NYSE: DIS) in the process. The company offered no specific reason […]

Ontario Extends 13% HST Relief To New Homes

Ontario plans to temporarily expand the HST rebate on newly built homes to all eligible buyers for one year, replacing a first time buyer only benefit with a broader tax break worth as much as $130,000 per purchase and backed by an estimated $1.4 billion provincial cost. Premier Doug Ford announced the plan on Wednesday, […]

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Ukrainian Drone Strikes Halt Russian Oil Exports at Baltic Ports Amid Escalating Conflict

Ukrainian drone strikes have forced the suspension of crude oil and oil product loadings at Russia’s key Baltic Sea ports of Ust-Luga and Primorsk, marking one of the largest attacks on the country’s export facilities in the four-year conflict. A blaze at Ust-Luga, visible from Finland, has severely disrupted operations at terminals critical to Russia’s […]

Iran War Pushes Philippines Toward China in South China Sea Energy Talks

President Ferdinand Marcos Jr. said Tuesday the Middle East energy crisis may provide the opening needed to restart joint oil and gas development talks with China in the disputed South China Sea, marking the most direct signal yet of a broader realignment in Philippine foreign policy driven by surging fuel prices. Speaking to Bloomberg Television […]

Lithium Ionic De-Risks Bandeira Project With Two Offtake Agreements

Lithium Ionic (TSXV: LTH) has cleared a major hurdle on its path to production, securing long-term offtake agreements with two of the lithium industry’s heavyweights. The company announced Wednesday that it has signed five-year binding take-or-pay agreements with Sichuan Yahua Industrial Group Co. and Grand Chen Resources. Under the terms, Lithium Ionic will supply a […]

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Iran Rejects Witkoff and Kushner, Insists Vance Lead Ceasefire Talks

Iran has told the Trump administration it will not re-enter ceasefire negotiations with US Special Envoy Steve Witkoff or presidential adviser and son-in-law Jared Kushner, demanding instead that Vice President JD Vance lead any future talks — a move that exposes deep fractures in Washington’s diplomatic front even as both sides claim progress toward a […]