International

UAE Becomes World’s 3rd Largest Sovereign Wealth Holder

By BPN News Desk July 4, 2025

The United Arab Emirates has officially claimed the third spot globally in terms of total sovereign wealth and public pension assets, according to the latest mid-year review from Global SWF. With a combined total of $2.49 trillion, the UAE trails only the United States and China, marking a major leap in its economic and investment […]

International

UK EV Sales Jump 34.6% in H1 2025 but Lag Behind Mandate

By BPN News Desk July 4, 2025

Electric vehicle adoption in the UK continued to gain ground in the first half of 2025, with battery electric vehicle (BEV) sales rising by an impressive 34.6%, totaling 224,838 units, according to preliminary data from the Society of Motor Manufacturers and Traders (SMMT). Despite this surge, the overall market share for EVs remains below the […]

International

PM Starmer Reaffirms Full Support for Chancellor Reeves Amid Welfare Bill Turmoil

By BPN News Desk July 4, 2025

Amid mounting scrutiny over welfare policy reversals and market turbulence, UK Prime Minister Keir Starmer has extended his full support to Chancellor Rachel Reeves, firmly quashing speculation about her position in the cabinet. The reassurance follows an emotionally charged session in the House of Commons that prompted questions over her future. Reeves’ Emotional Moment

International

UAE Leaders Congratulate President Trump on US Independence Day

By BPN News Desk July 4, 2025

On the occasion of the United States’ Independence Day, President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a heartfelt message of congratulations to President Donald Trump of the United States of America. The gesture reaffirms the warm diplomatic ties and mutual respect shared between the two nations. Messages from UAE Leadership Joining in […]

International

BRICS to Launch Guarantee Fund via NDB to Boost Investments

By BPN News Desk July 4, 2025

The BRICS grouping—comprising Brazil, Russia, India, China, South Africa, and new member nations—is preparing to launch a Multilateral Guarantee Fund within the framework of the New Development Bank (NDB), according to a report by Reuters. The fund is aimed at reducing borrowing costs, enhancing project bankability, and attracting private capital into infrastructure and

International

US Rice Found High in Arsenic, Indian Basmati Among Safest: Report

By BPN News Desk July 4, 2025

A new food safety report has raised serious concerns over the arsenic content in rice consumed in the United States. According to independent testing by consumer health groups, rice grown in the US contains significantly higher levels of inorganic arsenic, a toxic heavy metal linked to cancer and developmental issues. In contrast, Indian basmati and […]

International

Vietnam Slaps 20% Tariff, US Offers Duty-Free Access in Trade Deal

By BPN News Desk July 4, 2025

In a major shift aimed at recalibrating trade ties, Vietnam and the United States have finalized a new trade deal wherein Vietnam will impose a minimum 20% tariff on US exports, while the US will allow duty-free access to Vietnamese goods. The move comes as part of efforts to rebalance trade relations and prevent misuse […]

International

Iran Begins Excavation at Fordow Nuclear Site After Airstrikes

By BPN News Desk July 3, 2025

Satellite images have revealed that Iran has begun excavation and structural assessments at its highly fortified Fordow nuclear facility, less than two weeks after it was targeted in a coordinated airstrike by U.S. and Israeli forces. The photographs, analyzed by defense experts, show the unmistakable presence of heavy machinery—bulldozers, cranes, and trucks—operating

International

Pentagon: US Strikes Delay Iran Nuclear by Up to Two Years

By BPN News Desk July 3, 2025

A recent Pentagon update revealed that U.S. and allied strikes on Iranian nuclear facilities in June have set back Tehran’s atomic programme by between one and two years, a significant increase from earlier estimates. Revised Timeline for Iran’s Nuclear Capability In a press briefing, Pentagon spokesperson Sean Parnell stated the programme has been “degraded by […]

International

Netanyahu Declares Postwar Gaza Will Have “No Hamas”

By BPN News Desk July 3, 2025

Israeli Prime Minister Benjamin Netanyahu has firmly stated that Hamas will have no role in Gaza’s postwar future, even as negotiations for a U.S.-backed 60-day ceasefire continue. Speaking during a visit to a pipeline facility, Netanyahu declared, “I am announcing to you – there will be no Hamas,” sending a clear message that the elimination […]