“The United Arab Emirates, one of the world’s major oil producers, will leave the Organization of Petroleum Exporting Countries (OPEC/OPEC+) effective May 1, state news agency WAM said Tuesday morning. … The stunning move from Abu Dhabi is likely to deeply shake the oil alliance, which derives much of its power from a strong consensus and its ability to drive global oil prices through the production power of its members.” (04/28/26)
“Bitcoin is trading in a tight range just below $77,000 despite surging oil prices and geopolitical tensions over a potential extended U.S. naval blockade of the Strait of Hormuz. … The Fed announces its rate decision later on Wednesday, the ECB follows Thursday, and the U.S. equity market sold off Tuesday on growing skepticism about the payoff from artificial intelligence capital expenditure, with Nasdaq 100 futures clawing back 0.4% in Asian hours.” (04/29/26)
“A superyacht linked to one of Russian President Vladimir Putin’s key allies has sailed through the Strait of Hormuz, despite the ongoing blockade of the critical shipping channel. The 142m-long (465 ft) multi-deck luxury boat, named Nord, is linked to sanctioned Russian billionaire Alexei Mordashov. It travelled from Dubai to Muscat, Oman, over the weekend – one of few private vessels to transit through the strait in recent months. Iran held high-level talks with Russia this week as its standoff with the US over the strait’s re-opening continues. Approximately one-fifth of global crude oil and liquefied natural gas (LNG) supplies normally pass through the waterway. Mordashov, who has close ties to Putin, is not listed as the formal owner of the Russian-flagged boat. However, Nord’s records indicate it was registered to a firm owned by his wife in 2022.” (04/28/26)
“A federal appeals court has rejected the Trump administration’s bid to lock up the majority of people it is seeking to deport without an opportunity for release on bond — even if they have no criminal records and have resided in the country for decades. In a 3-0 ruling, a panel of the New York-based 2nd Circuit Court of Appeals found that ICE’s policy was based on a flawed, implausible and unprecedented interpretation of decades-old laws. But more fundamentally, the panel said the Trump administration’s position would raise acute constitutional concerns by instituting ‘the broadest mass detention-without-bond mandate in our Nation’s history for millions of noncitizens.'” (04/28/26)
“A long-running investigation of fraud involving federal funding in Minnesota entered a new, highly visible phase Tuesday morning as uniformed law enforcement agents executed search warrants in the Minneapolis area. Twenty-two federal search warrants were executed in Minnesota, a federal official told CNN. Most of the locations were businesses that are recipients of Medicaid funding, including child care facilities, according to CNN affiliate KARE, citing unnamed sources. The raids dealt with allegations of fraud, the Department of Homeland Security said.” (04/28/26)
“The European Union has warned Israel that it is ready to impose sanctions on those aiding and abetting the trade of Ukrainian grain stolen by Russia in the occupied territories, after a new ship loaded with the cereal arrived in the city of Haifa. ‘The EU has taken note of the reports that a Russian shadow fleet vessel carrying stolen Ukrainian grain has been allowed to unload at Haifa port in Israel, despite previous contacts of Ukraine with Israeli authorities on the subject,’ a European Commission spokesperson told Euronews. … The arrival of the Panama-flagged vessel in Haifa has escalated tensions between Ukraine and Israel. The vessel, named Panormitis and allegedly carrying over 6,200 tonnes of wheat and 19,000 tonnes of barley, has yet to unload. However, a shipment of stolen Ukrainian grain was allowed to proceed earlier this month.” (04/28/26)
“Mali’s junta leader met with Russia’s ambassador to Bamako on Tuesday, authorities said, his first public appearance since the West African nation saw a massive, coordinated attack by Islamic militants and separatists over the weekend. Russia, the junta’s key ally, called the attack a coup attempt. The office of the military leader, Assimi Goita, released photos showing him meeting a Russian delegation led by the Ambassador Igor Gromyko in what appeared to be the presidential palace in Bamako, the Malian capital. Meanwhile, the U.S. Embassy in Mali issued a security alert, citing ‘possible terrorist movements within Bamako, including reports of forced school closures.’ In power since a 2020 coup, the junta suffered a major attack on Saturday after al-Qaida-linked militants and the separatist Azawad Liberation Front group staged coordinated attacks on at least four cities in a region considered a global hot spot for terror-related deaths.” (04/28/26)
“Japan Airlines (JAL) will start using humanoid robots in ground handling tasks at Tokyo’s Haneda airport from May, in a two-year trial it said is aimed at easing employees’ workload. For a start, the Chinese-made robots will be deployed to load and unload cargo containers, JAL and GMO AI & Robotics, its partner in the project, said in a demonstration to the media on Monday. Japan’s aviation industry is wrestling with a labour crunch brought on by an increase in inbound tourism and a declining working-age population, said JAL, which employs some 4,000 ground handling staff. The carrier hopes that these robots can also be used to clean cabins and operate ground support equipment in future. Robots are already being used in some airports across Japan, including for security patrol and retail.” (04/28/26)
“Switzerland’s Federal Criminal Court has discontinued a money laundering trial against Gulnara Karimova, a daughter of Uzbekistan’s former president, on the grounds that she is not allowed to leave her country in time. The court said no judgment could be reached before the statute of limitations expires on the alleged offences, Swiss public broadcaster SRF reported, citing the judge. Karimova, who has previously denied any wrongdoing, is accused of taking bribes and running a criminal organisation known as ‘The Office’ that allegedly channelled hundreds of millions of dollars to accounts in Switzerland between 2005 and 2013. … Karimova is serving a prison sentence in Uzbekistan until December 2028, while the statute of limitations for the offences alleged by the Office of the Attorney General of Switzerland expires over the course of that year.” (04/28/26)
“A U.S. special forces soldier is due in federal court in New York on Tuesday on charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000 on the prediction market Polymarket. Gannon Ken Van Dyke, 38, has been charged with the unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud and making an unlawful monetary transaction. The case comes during heavy scrutiny on prediction markets, which allow people to trade or wager on almost anything, as policymakers call for stricter regulation of the platforms amid concerns about insider trading.” (04/28/26)
