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A high-risk operation to recover the bodies of four Italian divers from deep inside an underwater cave in the Maldives has been suspended after rough seas repeatedly hampered efforts.Speaking a day after the body of a fifth member of the dive group was recovered on Thursday, Italian Foreign Minister Antonio Tajani said despite the poor weather conditions everything possible would be done to bring the victims home.The cause of the deaths remained under investigation.The recovery operation is expected to resume on Saturday.”Unfortunately, the searches are suspended due to bad weather but we will do everything possible to recover the bodies…

At the Association of Southeast Asian Nations (ASEAN) summit in Cebu earlier this month, regional leaders proposed tapping the emergency rice reserve. Under the ASEAN Plus Three Emergency Rice Reserve, shared with China, Japan and South Korea, rice is stockpiled for immediate release during disasters without disrupting market prices. Leaders also discussed establishing a regional oil stockpile as a long-term measure to reduce exposure to future supply disruptions and economic shocks. TOURISM SECTOR HARD HITThe effects of the crisis are also spreading beyond food prices and agriculture, hitting Cebu’s tourism sector hard. Tourism is a key pillar of Cebu’s economy, with the province relying…

US stocks fell sharply on Friday as rising Treasury yields, surging oil prices, and fading enthusiasm surrounding artificial intelligence stocks pressured markets following weeks of record-setting gains.The Dow Jones Industrial Average dropped roughly 537 points, or about 1.1%, while the S&P 500 lost approximately 1.2%. The Nasdaq Composite declined about 1.5% as technology and semiconductor stocks led the broader market lower.The selloff followed another strong session Thursday, when the Dow reclaimed the 50,000 level and the S&P 500 closed above 7,500 for the first time.Investors shifted toward safer assets as Treasury yields climbed sharply amid renewed concerns that inflation could…

NewsFeedUS President Donald Trump called New York Times journalist David Sanger’s reporting on the Iran war as “treasonous” while claiming a “total military victory”.Published On 15 May 202615 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated:  May 15, 2026 Hyperliquid’s HYPE token rose more than 17% in the past 24 hours to around $46 after the U.S. Senate Banking Committee advanced the Digital Asset Market Clarity Act in a 15-9 bipartisan vote, a move traders viewed as a meaningful step toward clearer federal rules for digital assets.The committee action on Thursday pushes the…

After steering the Federal Reserve through a series of major economic shocks, from the pandemic to the highest inflation in 40 years, Jerome Powell will leave a legacy defined by managing crisis and an unwavering defense of the central bank’s historical independence.As Powell steps down on Friday after eight years as Fed chair, more than a dozen economists interviewed by CBS News credited his measured, pragmatic leadership for helping guide the economy through a turbulent period.Powell’s tenure may be best remembered for his commitment to the Fed’s independence as he faced legal threats and intense pressure from President Trump to…

The NFL considered multiple factors in scheduling its 2026 regular-season kickoff game with the Super Bowl champion Seattle Seahawks, and in picking the New England Patriots as the opponent, league executives insist the drama surrounding the Mike Vrabel-Dianna Russini scandal played no part in their choice.So, yes, the league would have us believe it did not seriously weigh the sizeable elephant in the room.”Look, we focused on the football game and the reach of the Super Bowl, and that alone is an incredible story,” NFL Executive Vice President Hans Schroeder said Friday during a league conference call. Dianna Russini, left,…

Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025.CNBCFederal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been the shortest tenure as a governor in 71 years, he appears convinced his ideas are right. But in a CNBC interview, Miran, 42, made clear that the reality of working at the Fed has tempered his views about how fast those changes can be made. Change is…

A split image shows Pima County Sheriff Chris Nanos speaking to reporters about the suspected abduction of Nancy Guthrie, alongside an image of Guthrie seated during a game of mahjong. (Rebecca Noble/Reuters, Courtesy of NBC) NEWYou can now listen to Fox News articles! BADGE OF DISHONOR: Move to oust Nancy Guthrie sheriff fails as Pima County supervisors refer perjury allegations to AGGAVEL DROPPED: Alex Murdaugh wins new trial after court clerk allegedly told jurors not to be ‘fooled’ by defensePOISONED PLOTLINE: Children’s book author fires off message to sons in final court moments before sentencing for husband’s murderEVIDENCE HUNT: Feds…

By Allison Jones The Canadian Press Posted May 15, 2026 4:00 pm 1 min read Descrease article font size Increase article font size Liberal MP Nate Erskine-Smith is asking supporters for advice on what his next steps should be, with his potential bid to become Ontario Liberal leader in doubt following a nomination loss. Erskine-Smith was vying to represent the provincial party in the upcoming Scarborough Southwest byelection but lost a nomination race last weekend.He had said he wanted to run in Scarborough Southwest ahead of an intended bid for the party’s leadership, but now says that is “much less…