Author: franperez66q@protonmail.com

The International Maritime Organization, a United Nations agency, said Monday that it opposes transit fees in the Strait of Hormuz after President Donald Trump demanded that ships pay protection money.”We have always been consistent on our stance on fees – IMO stands firmly against charging fees for passage through straits used for international navigation,” a spokesperson said. “There is no legal basis through which to introduce mandatory tolls simply to transit through a strait,” the spokesperson said. Trump on Monday said the U.S. military will protect ship traffic through Hormuz, but demanded reimbursement equivalent to 20% of the value of…

Riyadh Air studies orders for 25-30 Boeing 787s and more Airbus, sources say Source link

Samsung’s shipments were up as well, once again making it the largest global smartphone OEM by shipments, at 24 percent. Samsung’s focus on flagship phones has apparently helped it even as it raised prices on budget devices. The Galaxy S26 series, and particularly the Ultra variant, have sold better than last year’s models in spite of higher prices. Samsung is also strong in markets like India and the Middle East where lower prices and aggressive promotions have buoyed sales. For what it’s worth, Omdia is reporting a smaller 4 percent drop for Q2 smartphone shipments, but it, too, shows Samsung…

Andy Burnham has effectively been confirmed as the new Labour leader after 349 MPs have nominated him to replace Sir Keir Starmer.It is now mathematically impossible for a rival to run against the MP for Makerfield, with Burnham on track to become prime minister on 20 July.He still requires the backing of three organisations affiliated to the Labour Party, at least two of which must be trade unions, although this is expected to be a formality for him.The former mayor of Greater Manchester will field questions from Labour MPs as the only participant in an online hustings on Monday evening.It…

Oil prices jumped after President Donald Trump reinstated the blockade on the Strait of Hormuz. The move follows the latest rounds of strikes between Iran and the U.S. over the weekend. The volatility is creating a unique opportunity in the options market. The United States Oil Fund (USO), the ETF that best tracks oil prices, offers equity options traders a liquid, accessible alternative to the complexities of the futures market. Although uncertainty in the Gulf is creating near-term volatility, longer-term crude is structurally likely to face some upside resistance as well, presenting an ideal setup for premium sellers looking to exploit…

Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC.Andrew Harnik | Getty ImagesThe Federal Reserve is still expected by futures traders and prediction markets to maintain the status quo at its July meeting, leaving interest rates unchanged once again. However, it’s going to be a close call.The odds are rising Monday that the central bank makes a move to hike.There’s now a 46.5% chance that the Fed hikes interest rates by a quarter point on July 29,…

US appeals court revives hundreds of private lawsuits linking Tylenol to autism Source link

Darline Graham Nordone, sister of Sen. Lindsey Graham, R-S.C., walks to the stage before his announcement for presidency on Monday, June 1, 2015, in Central, S.C.Rainier Ehrhardt | APPresident Donald Trump on Monday urged South Carolina’s governor to appoint late Sen. Lindsey Graham’s sister, Darline Graham Nordone, to fill his Senate seat through the rest of the year.Graham, 71, died unexpectedly on Saturday, leaving an opening for the seat through the end of his term. His death was the result of aortic dissection due to arteriosclerotic cardiovascular disease, according to preliminary findings from the medical examiner of the District of…

After a year-long bear market, an almost 20% decline year-to-date, and sell-offs after four of its past four earnings reports, options traders are striking a decidedly bullish tone heading into Netflix’s earnings on Thursday.Call volumes doubled puts in back-to-back sessions Friday and Monday, with almost three times as many calls bought versus puts by midday Monday, according to data from ThinkOrSwim. At the same time, one of the most popular trades was selling at-the-money puts.The technical picture may be helping. At around $75, Netflix is trading about on par with where the stock was when it ended its pursuit of…

Christopher Waller, governor of the US Federal Reserve, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schwartz | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller on Monday expressed concern about inflation but cautioned against “fighting the last war,” saying the central bank should wait for more data before raising interest rates.In remarks delivered for a speech in New York, Waller said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs. Rather, he cited other factors, particularly artificial intelligence, as root causes for why price…