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August 2026

Gold Prices Surge 3% Amid Strait of Hormuz Agreement Prospects

Gold prices climbed toward $4:riven inflation and further US interest rate hikes. Spot gold rose around 3% to trade near $4,200 per ounce as of 1310GMT, while silver jumped 4% to approximately $62 per ounce.

According to Anadolu Agency, the precious…

Brazil Condemns US Decision to Revoke Ambassador’s Visa

Brazil: Brazil has denounced the US decision to revoke the visa of its ambassador to Washington, rejecting the State Department’s stated reasons as ‘false.’

According to Anadolu Agency, the Brazilian Government issued a statement through the Secreta…

Israeli Army Initiates Strikes in Southern Lebanon Amid Rome Talks

Rome: The Israeli army announced on Wednesday that it has initiated strikes in southern Lebanon, attributing the action to what it termed a ‘blatant violation’ of the ceasefire by Hezbollah. This development comes as discussions between Beirut and Tel…