The U.S. Navy is navigating uncharted waters in the Red Sea, engaging in prolonged confrontations with Iran-backed Houthi rebels. Destroyers, including the Carney, Gravely, Laboon, Mason, and Thomas Hudner, have intercepted dozens of attack drones and missiles in response to regular assaults on commercial vessels and Navy warships. The conflict escalated following the October 7 […]
In a week marked by a resurgent dollar, global investors are revisiting intervention playbooks amid growing concerns over currency stability. Various central banks, particularly in Asia, are taking preemptive measures to ease market anxieties as the greenback strengthens against major currencies, raising fears of potential interventions. Taiwan’s central bank issued an uncommon statement to reassure […]