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ExxonMobil, the biggest oil producer in America, is planning to shift its legal base from New Jersey to Texas. The decision comes after the company’s board agreed that a Texan address would better match its business climate. Shareholders will decide at the annual meeting on May 27 whether to appr

Crypto Rules: Treat Them Like Any Other Money

Australia’s regulator says crypto is just another form of money that follows the same rules as old‑school finance. Instead of creating a separate set of laws, they want to look at what the digital coins actually do. If a token is used as a security, it should be covered by securities law; if i

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Insurance Plan Aims to Keep Oil Shipping Safe Amid Gulf Tensions

A new U. S. insurance program is stepping in to help ships travel through the Strait of Hormuz, a key route that connects Persian Gulf oil fields with the wider world. The plan is led by Chubb, a large insurer, and works with the Development Finance Corporation to cover potential damage from war‑rel

South Korea’s Budget Boost Comes From Tax Gains, No New Bonds Needed

The South Korean government can increase its spending without borrowing more money, thanks to a surge in tax receipts, said the finance minister during a parliamentary debate. Tax income rose by 6 trillion won in January compared with the same month last year, a jump that gives lawmakers more roo

Khamenei’s Injury: A New Leader in the Line of Fire

March 11, 2026

The day a new leader was named, bombs began to fall. Mojtaba Khamenei, only 56, stepped into the role after his father’s death during the first attack. Reports say he was hit in the legs that same day, which explains why he has stayed out of public view for almost two days. No official statement or

Oil Prices Drive Dow Down While Oracle Skips the Crowd

March 11, 2026

The day began with a clear signal from the energy sector: crude oil prices pushed higher, nudging investors to sell some of their holdings in the Dow. The index slipped by about 0. 5 percent, reflecting worries that rising fuel costs could squeeze corporate profits across many industries. Meanwhile

Microsoft Voices Out in Defense of AI and Government Work

March 11, 2026

Microsoft stepped out of its usual quiet stance and filed a supportive brief for an AI firm fighting the Pentagon. The move shows the tech giant weighing silence against action, even when it could risk government contracts. The brief came in a lawsuit where the Pentagon had labeled the AI company a

A Pakistani Man Convicted for a Plot Against U. S. Leaders

March 7, 2026

A man from Pakistan was found guilty last Friday of planning to kill former U. S. President Donald Trump and other political figures in 2022, according to a U. S. justice department statement. The alleged scheme was supposedly ordered by Iran after Washington shot down an Iranian military commander

U. S. Steps In to Cover Gulf Shipping Losses

March 7, 2026

The United States has announced a plan to insure maritime losses in the Gulf region, offering up to $20 billion in coverage. This move aims to give oil and gas shippers more confidence amid tensions with Iran. The initiative follows a halt in tanker traffic through the Strait of Hormuz, where norma