Indians may be roaming closer to home because of a war far away India Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve foreign exchange, and reduce the import bill amid the West Asia crisis. Industry experts anticipate a surge in local travel, benefiting airlines, hotels, and tour operators. This… The Economic Times · May 19
NATO military chiefs meet as Iran war depletes alliance's arsenal NATO allies are increasingly concerned that the US's massive campaign in Iran is starting to constrain their supplies of top-grade weapons, including interceptors. A meeting of the alliance's military chiefs Tuesday will discuss the urgent need to ramp up weapons production at scale. Euronews · May 19
Diet Coke break: Why your favourite fizz could be disappearing from shelves LET’S UNPACK THAT: As shortages of the soft drink are reported in India and fans attend ‘Diet Coke parties’ to get their fix, Lydia Spencer-Elliott asks aluminium experts whether Gen Z’s beloved, so-called ‘fridge cigarette’ could go missing from UK stores The Independent UK · May 19
Iran plans €50 million bounty on 'gambler' Donald Trump, 'child-killer' Netanyahu for 'whoever sends them to hell' - report Iran's parliament is considering hefty financial rewards for assassinating US President Trump and Israeli PM Netanyahu, escalating tensions after recent strikes. Lawmakers aim to formalize bounties, viewing these leaders as responsible for the death of Supreme Leader Khamenei. This move shifts threats from rhetoric to official parliamentary action, with warnings… The Times of India · May 19
The Ukraine war is changing. European allies' strategy must change too Ukraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casualties, Ukraine grapples with recruitment and corruption. European allies must now develop a new strategy, independent of the US, to bolster Ukraine's military and societal defenses and offer a clear path to… The Economic Times · May 19
Gold prices snap 2-day fall, silver at Rs 2.75 lakh/kg. What should you do amid Iran war uncertainty? Gold prices rose while silver declined on MCX Tuesday as a weaker dollar and cooling crude oil prices influenced sentiment. Gold gained after U.S. President Donald Trump delayed a planned strike on Iran, easing concerns over oil supply disruptions and inflation. The Economic Times · May 19
Global Market: Japan economy shows resilience but Iran conflict clouds outlook Japan's economy showed strong growth in the first quarter, driven by exports and domestic demand. However, rising energy costs due to the Iran conflict pose a significant threat. This situation complicates the Bank of Japan's policy decisions. Higher fuel prices are increasing inflation and impacting household spending. The government is… The Economic Times · May 19
Trump's tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz Donald Trump has struggled to secure concessions from Iran despite threats, military pressure and repeated deadlines tied to Tehran’s nuclear and regional policies. Trump on Monday said he had paused planned U.S. strikes at the request of Gulf Arab allies as “serious negotiations” were underway, while warning that military action… The Economic Times · May 19
Sensex drops 114 points, Nifty below 23,650 as rupee hits fresh lifetime low; broader markets outperform Indian markets ended lower on Tuesday as Sensex and Nifty erased early gains amid rupee weakness, even as volatility cooled. IT stocks outperformed while banking and FMCG names dragged indices. Broader markets stayed resilient, FIIs extended buying, and analysts highlighted key resistance levels amid persistent macro headwinds. The Economic Times · May 19
How US President Donald Trump's crypto venture and Iran's top exchange tapped into the same industry networks Iran's Nobitex exchange moved billions through Tron and BNB Chain, networks by Justin Sun and Changpeng Zhao. These blockchains facilitated transactions for sanctioned Iranian entities. Meanwhile, Sun and Binance, Zhao's exchange, backed Donald Trump's crypto firm. This highlights potential conflicts with U.S. policy amid ongoing tensions. The Economic Times · May 19
Iran stock market to reopen today after 80-day closure amid US-Israel-Iran war Iran's stock market reopens May 19 after an 80-day closure due to US-Israel conflict. While not a primary economic driver, its resumption offers insights into economic health and investor sentiment. Trading resumes with extended hours for major firms, aiming for transparency after market volatility and a significant internet shutdown. The Economic Times · May 19
France 24 · May 19 Trump says US may hit Iran again, claims Tehran wants deal US President Donald Trump said that the United States may need to attack Iran again and claimed that he had been only an hour away from deciding on a fresh strike before he allegedly postponed the attack. Thousands of people have been killed in Iran, Lebanon and the wider Middle…
The Independent UK · May 19 Asian shares trade mixed and Kospi falls nearly 4% as oil prices keep swinging Asian shares are mostly lower as uncertainty about what will happen with the Iran war roils global markets
The Independent UK · May 19 Iran-US war latest: Vance ‘not certain’ about peace deal as he warns US military ‘locked and loaded’ to resume strikes The US president earlier said the military may launch “another big hit” on Tehran if a peace deal is not agreed
The Independent UK · May 19 Japan's economy expands at a 2.1% annual pace, boosted by consumer spending Japan has reported its economy expanded at an annualized rate of 2.1% in the January-March quarter
AAP · May 19 Aussie shares rebound after Trump postpones new attack The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.
The Economic Times · May 19 Oil Price Today (May 19): Crude oil retreats from $110 as Trump delays planned strike on Iran. Where are prices headed? Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.
The Economic Times · May 19 Dollar steadies from weakness as Trump calls off planned attack on Iran The dollar gained strength as U.S. President Donald Trump halted a planned attack on Iran. This move eased fears of a wider conflict. Bond markets also stabilized after a recent selloff. Investors are watching for further developments in the Middle East and their impact on global markets. The Japanese yen…
The Economic Times · May 19 Gold steady on weaker dollar after Trump pauses planned Iran attack Gold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an attack on Iran. This move, aimed at fostering negotiations, has impacted the precious metal's market dynamics. Meanwhile, other precious metals like silver, platinum, and palladium also saw declines.
France 24 · May 19 Cuba warns of ‘bloodbath’ as US imposes new sanctions amid rising tensions Cuba’s leadership warned Monday of a “bloodbath” in the event of a US attack, as Washington imposed new sanctions on the country’s intelligence agency and senior officials. The escalation comes amid reports of heightened military tensions and claims of Cuban drone acquisitions from Russia and Iran.
The Economic Times · May 19 Global Market Today: Oil slips, Asian stocks rise on Iran optimism Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development could reopen energy routes through the Strait of Hormuz. Investors are watching closely as negotiations are reportedly underway. Markets experienced volatility due…
The Guardian - US · May 19 Trump news at a glance: president says scheduled attack on Iran has been postponed – for now President says he has instructed US military to be ready for ‘a full, large scale assault of Iran, on a moment’s notice’ – key US politics stories from Monday 18 May