Skip to main content

Featured

Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...

article

G20 Nations Unite in Johannesburg as US Stays Away


World leaders gathered in Johannesburg for the first-ever G20 summit hosted in Africa, where they adopted a joint declaration despite a boycott by the United States. The move broke with tradition, as declarations are usually finalized at the end of such meetings. Instead, South African President Cyril Ramaphosa announced that consensus had been reached at the very start of the summit, calling it a victory for multilateral cooperation and a milestone for Africa’s role in global diplomacy.

The declaration, drafted without U.S. input, reportedly addressed pressing global challenges such as climate change and economic inequality, issues that South Africa emphasized as central to poorer nations. Ramaphosa’s spokesperson stressed that the text “cannot be renegotiated,” highlighting months of preparation and intense final negotiations leading up to the summit.

The boycott was ordered by President Donald Trump, who accused South Africa’s government of discrimination against white citizens—a claim widely criticized as baseless. Washington officials condemned the declaration as “shameful,” particularly objecting to language on climate commitments, which the U.S. has consistently resisted in international forums.

Despite U.S. opposition, the remaining G20 members stood united. Leaders described the unanimous adoption as a demonstration of resilience and solidarity, underscoring the importance of collective action in addressing global crises. For South Africa, hosting the summit and securing consensus marked a symbolic achievement: positioning Africa at the center of international decision-making and amplifying the voices of developing nations.



Comments