latest news in global

Russian Railways Faces Mounting Debt Crisis in Early 2026

Russian Railways Faces Mounting Debt Crisis in Early 2026

Moscow, Thursday, 19 February 2026.
Russian Railways faces a severe financial crisis with $51 billion in debt, prompting government intervention including tariff hikes starting March 1, 2026, and asset sales.

Andrew Mountbatten-Windsor Arrested Following Investigation into Misconduct in Public Office

Andrew Mountbatten-Windsor Arrested Following Investigation into Misconduct in Public Office

London, Thursday, 19 February 2026.
Detained on his 66th birthday, the former prince faces allegations of sharing sensitive government information with Jeffrey Epstein while serving as the UK’s special trade envoy.

Peru Selects Leftist José María Balcázar as Eighth President in a Decade of Instability

Peru Selects Leftist José María Balcázar as Eighth President in a Decade of Instability

Lima, Thursday, 19 February 2026.
Amid persistent volatility, Congress appointed 83-year-old leftist José María Balcázar as interim president, becoming Peru’s eighth leader in a decade after his predecessor was ousted for corruption.

Anthropic CEO Positions India as Central Engine for Future AI Economy

Anthropic CEO Positions India as Central Engine for Future AI Economy

New Delhi, Thursday, 19 February 2026.
Amodei projects India could realize 25% AI-driven growth, outpacing developed nations. Anthropic is backing this potential by opening a Bengaluru office to leverage the country’s vast talent pool.

South Korea’s Yoon Sentenced to Life in Prison Following Failed Martial Law Bid

South Korea’s Yoon Sentenced to Life in Prison Following Failed Martial Law Bid

Seoul, Thursday, 19 February 2026.
In a historic ruling, former President Yoon Suk Yeol received a life sentence for insurrection, just 444 days after his failed attempt to impose martial law on South Korea.

India Pivots to Middle Eastern Oil as Russian Imports Hit Multi-Year Lows

India Pivots to Middle Eastern Oil as Russian Imports Hit Multi-Year Lows

New Delhi, Wednesday, 18 February 2026.
India’s Russian crude imports plummeted to 2022 lows in January, allowing Middle Eastern suppliers to reclaim a dominant 55 percent market share following a strategic trade agreement with Washington.

Libya Pivots to Western Traders for Fuel Supply, Cutting Russian Imports

Libya Pivots to Western Traders for Fuel Supply, Cutting Russian Imports

Tripoli, Wednesday, 18 February 2026.
In a decisive realignment of Mediterranean energy flows, Libya has awarded major gasoline and diesel supply tenders to Western trading giants Vitol, Trafigura, and TotalEnergies, effectively displacing Russian influence in the region. This strategic pivot has precipitated a dramatic collapse in Russian fuel exports to Libya, which have plummeted from an average of 56,000 barrels per day in recent years to just 5,000 bpd in early 2026. By granting wider market access to these Western stakeholders, Tripoli is not only diversifying its energy partnerships but also actively closing a critical outlet for Russian refined products. This move coincides with Libya’s broader effort to revitalize its upstream sector through new licensing rounds, signaling a robust return to Western commercial integration.

US and Iran Agree on Guiding Nuclear Principles in Geneva Amidst Strait of Hormuz Tensions

US and Iran Agree on Guiding Nuclear Principles in Geneva Amidst Strait of Hormuz Tensions

Geneva, Wednesday, 18 February 2026.
While envoys established guiding nuclear principles in Geneva, the geopolitical backdrop intensified as Iran temporarily closed sections of the strategic Strait of Hormuz for military drills.

University Ousted from Major AI Summit After Rebranding Chinese Robot as Homegrown Tech

University Ousted from Major AI Summit After Rebranding Chinese Robot as Homegrown Tech

New Delhi, Wednesday, 18 February 2026.
Authorities expelled a university from India’s flagship AI summit for displaying a commercially available $2,800 Chinese robot dog as its own indigenous innovation.

Record Defense Spending Propels BAE Systems and European Markets to New Highs

Record Defense Spending Propels BAE Systems and European Markets to New Highs

London, Wednesday, 18 February 2026.
BAE Systems’ record £83.6 billion backlog fueled a market rally, pushing the STOXX 600 to an all-time high as investors bet on a sustained era of global defense spending.