The small Kharg Island in the Persian Gulf plays an outsized role in the global energy system. Located roughly 25 kilometers off the coast of Iran, the island functions as the country’s main oil export terminal. A vast network of pipelines, storage tanks, and loading facilities allows supertankers to transport Iranian crude oil to international ...
The rapid development of artificial intelligence has created powerful tools capable of generating highly realistic photos and videos. While these technologies can have legitimate uses, they have also opened the door to serious abuse. One of the most concerning examples is the rise of so-called deepfakes—AI-generated images or videos that can pla...
American entrepreneur Elon Musk has once again secured the position of the richest person in the world, according to the latest global wealth rankings published by Forbes. His total net worth is estimated at around $839 billion, which equals nearly 18 trillion Czech crowns, making it the highest personal fortune ever recorded. Musk’s extraordin...
Senior religious figures in Iran have reportedly reached an agreement on who will become the country’s next supreme leader. According to sources close to the clerical establishment, a consensus has already been achieved among the key decision-makers responsible for choosing the successor. However, the identity of the chosen candidate has not yet...
A coalition of 24 American states has filed a lawsuit against the administration of Donald Trump, seeking to block newly introduced global tariffs that they argue are illegal and harmful to the economy. The states are asking a federal trade court to stop the policy and potentially order the government to return money already collected from busin...
Financial markets across Asia experienced a sharp downturn as rising geopolitical tensions in the Middle East triggered widespread investor anxiety. The escalating situation in the region has increased fears of a broader conflict that could disrupt global trade and energy supplies. As a result, investors reacted quickly, selling off stocks and s...
The long-standing belief that China will overtake United States as the world’s dominant economic superpower by 2040 is losing traction among many economists. Recent forecasts paint a more nuanced picture of the global economic landscape — one in which neither nation holds an uncontested claim to first place, and where other emerging economies pl...
Tech entrepreneur Jack Dorsey has announced one of the most dramatic restructuring moves in the history of his financial technology company Block. The firm will reduce its workforce by nearly 40 percent, cutting more than 4,000 jobs and shrinking from over 10,000 employees to just under 6,000. Dorsey shared the news publicly on X, outlining the...
In a global economy powered by milliseconds, there is no off switch. Trading platforms execute in microbursts. Streaming services process millions of concurrent sessions. APIs pulse continuously. The promise of real-time has become table stakes. But beneath the dashboards and performance charts sits a quieter reality. Engineers carry the weig...
