From: Counting the Cost
Gold is now the top reserve asset. Is dollar dominance at risk?
Gold now accounts for 27% of global reserve holdings, overtaking US Treasuries as the world’s largest reserve asset.
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US lists China’s BYD, Alibaba, Baidu as ‘Chinese military companies’
Chinese embassy in Washington, DC, condemns designation, calling it ‘discriminatory’.
Tech giant OpenAI files for US initial public offering
OpenAI did not disclose the size or terms of the offering and said a timeline has not yet been determined.
![Amazon’s stock is surging on the news of the new deal. As of 11:15 AM in New York (16:15 GMT) it is up by 4.7 percent [File: Kim Kyung-Hoon / Reuters]](/wp-content/uploads/2025/11/2025-10-29T100037Z_48089949_RC2UMCA4Q61F_RTRMADP_3_MICROSOFT-OPENAI-ALTMAN-1762187105.jpg?resize=770%2C513&quality=80)
Will the FIFA World Cup be the economic bonanza US cities were promised?
Cities remain optimistic despite lagging hotel bookings and high ticket prices that might deter foreign travellers.
Airline profits plummet as US fuel costs nearly double
IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.
US judge strikes down Trump’s $100,000 H1-B visa fee
In a ruling on Monday, a federal judge said the fee was a tax that Trump did not have the authority to impose.
From: NewsFeed
Iranian World Cup excitement dulled by war and economic crisis
Iranian World Cup excitement dulled by war and economic crisis.
Published On 7 Jun 2026
From online class to Revolution Square: A Tehran teacher’s routine amid war
Al Jazeera follows a teacher who navigates a new life marked by a weak internet, soaring prices, and solidarity rallies.
100 days into Iran war, Americans face higher prices
On average, US households have spent $750 more in expenses due to the war, hitting middle and lower-income people hard.
Trump makes pitch to farmers hard-hit by tariffs, high prices in Wisconsin
Trump seeks to shore up support among rural voters hard-hit by tariffs, economic fallout of war with Iran.
Anthropic urges AI labs to pause, warns humans risk losing control
It warned that rapid advances in technology could soon allow AI systems to improve themselves faster than human control.
