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Saudi Minister of Foreign Affairs Prince Faisal bin Farhan attended the joint ministerial meeting of the Gulf Cooperation Council-Canada Strategic Dialogue in Manama on Wednesday.
The meeting reviewed relations between the GCC member states and Canada and explored ways to enhance cooperation in economic and trade fields, as well as boost coordination on issues of mutual interest.
The participants also discussed regional and international developments and exchanged views on current events and their implications for regional security and stability. They stressed the importance of intensifying international efforts to protect maritime corridors and ensure freedom of international navigation in a manner that safeguards shared interests and promotes regional and global stability.
The meeting further discussed Iranian escalation and attacks targeting a number of countries in the region, most recently Bahrain, Kuwait, and Jordan. Participants expressed condemnation and denunciation of these attacks and their implications for the security and safety of the territories and airspace of these countries, as well as their impact on efforts aimed at de-escalation and the restoration of security and stability in the region.
Meanwhile, Minister of Foreign Affairs Prince Faisal bin Farhan met with Canadian Minister of Foreign Affairs Anita Anand on the sidelines of the joint ministerial meeting between the Gulf Cooperation Council (GCC) and Canada in Manama. During the meeting, they reviewed bilateral relations and discussed the latest regional developments and related efforts.
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Twenty-two people including eight children have been killed in Israeli air strikes in southern Lebanon, the country's health ministry says, as the war between Israel and the Lebanese armed group Hezbollah continues despite a ceasefire.
Eight people died when drones targeted three vehicles on the coastal highway in the Barja, Jiyeh and Saadiyat areas, around 20km (12 miles) from the capital. Four others were killed in strikes on cars further south, in the city of Sidon and the towns of Maaliyeh, Chaaitiyeh and Naqoura.
In a later update, officials said Israeli strikes killed six people in the village of Arab Salim, three people in Roumine and one person in Harouf.
The Israeli military said it had struck Hezbollah weapons storage facilities and rocket launchers in several areas on Wednesday.
The military also told residents of nine towns and villages in the south to evacuate, warning that it intended to act forcefully against Hezbollah in the vicinity.
In a letter released on Tuesday, Hezbollah's leader Naim Qassem dismissed those efforts and said his group would "not abandon the battlefield".
The conflict started on 2 March, two days after the US and Israel launched a joint attack on Iran. Hezbollah fired rockets into Israel, and Israel responded with widespread air strikes and a ground invasion of southern Lebanon.
At least 2,896 people have been killed in Lebanon since then, according to the health ministry, whose figures do not distinguish between combatants and civilians.
Israeli authorities say 18 soldiers and four civilians have been killed over the same period.
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In a notable development, OpenSea has officially joined the Robinhood Chain, as highlighted in a widely shared post by @JohannKerbrat. This announcement comes amid increasing interest in $NFT trading platforms, particularly as they integrate with established ecosystems.
The broader crypto market is currently exhibiting mixed signals, which adds a layer of intrigue to OpenSea’s recent announcement. The move to join Robinhood Chain not only solidifies OpenSea’s position in the $NFT space but also suggests potential new avenues for trading and collaboration with other platforms such as Glider and fomo. The positive reception, reflected in the post garnering 478 likes and 34 retweets, signals that the community may view this as a step forward for OpenSea and its users.
While OpenSea’s current trading volume remains at $0, the implications of its integration into Robinhood Chain could shift market dynamics. As more platforms look to collaborate and innovate within the crypto and $NFT sectors, traders and users alike are likely to keep a close eye on how this integration unfolds and affects overall trading activity.
OpenSea has been a dominant player in the $NFT marketplace, consistently adapting to market trends. Its inclusion in the Robinhood Chain is a strategic move that aligns with the trend of integrating $NFT functionality into broader financial ecosystems, potentially attracting more users and liquidity to the platform.
Traders should watch for developments regarding OpenSea’s features on Robinhood Chain and any subsequent partnerships that may arise. The potential for enhanced trading options and user engagement could lead to increased activity in the $NFT market, especially as community sentiment appears positive following this announcement.
This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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As AI Agents reshape commerce, and make every business an open book, companies will need to figure out what data actually needs to be kept secret – and protect it ferociously – in order to thrive.
magine a tireless analyst who works around the clock, cross-referencing a company's onchain purchasing patterns with satellite imagery of its warehouses, correlating its job postings with its patent filings, and mapping its entire supply chain by watching the flow of smart contract payments. This analyst never sleeps, never loses focus and costs almost nothing to run.
That analyst is coming. It's an AI agent, and your competition will have one.
The rush to build agentic commerce is well underway. The combination of decision-making AI with smart contracts on blockchains is genuinely powerful. Consumer-facing agents will go bargain hunting and close deals autonomously. Enterprise agents will forecast demand and execute procurement at scale through onchain contracts. The efficiency gains are enormous.
But this technology works in both directions. The same infrastructure that lets an enterprise agent negotiate better deals also broadcasts a remarkable amount of information about how that enterprise operates. Public blockchains have no native privacy. And "security by obscurity" — the hope that nobody will bother to piece together all those scattered data points — collapses completely when automated agents can spend their nights reverse-engineering a competitor's operations, for pennies.
Companies have always leaked intelligence. iFixit has built a business around tearing apart every major new electronics product within days of launch, exposing components, likely bill-of-materials costs, and manufacturing approaches for anyone to study. Satellite imagery firms already track everything from warehouse activity to crop yields to oil tanker movements, selling the insights to hedge funds and competitors alike. Specialized competitive intelligence firms have long mapped supply chains and reverse-engineered pricing strategies.
What's different now is the synthesis. Each of these data streams, taken alone, tells a partial story. An agentic system can pull them all together — public filings, onchain transaction flows, satellite data, job postings, patent applications, shipping records — and deliver not just raw data about your competition but a coherent picture of their strategic road map, updated continuously.
The question this forces is not whether competitors will know more. They will. The question is: what should companies do about it?
The first step is a clear-eyed audit, from first principles, of what needs to be confidential — because sensitive information is not always treated as such.
Take business strategy. Companies have to tell shareholders so they'll buy the stock. They have to tell employees so they'll pull in the same direction. They need to tell partners so they'll invest alongside them. And once they've told all those audiences, they've effectively told the competition too. Strategy has not been a real secret for a long time.
The best companies already know this. Apple doesn't hide that it's building an ecosystem play. Amazon doesn't disguise its obsession with logistics efficiency. They don't win by surprise. They win by execution.
And even execution, at a high level, is more transparent than most people admit. Anyone can walk into a Walmart store and catalog every product on the shelves. Anyone can unscrew the back of any piece of electronics and identify every component. Any analyst can read the 10-K and map out the cost structure.
The answer isn't to avoid blockchains — the efficiency and automation benefits are too significant. The answer is to demand privacy as foundational infrastructure, built in from the start, not bolted on as an afterthought.
And the rethinking won't stop at blockchain transactions. Enterprises will need to examine every digital touchpoint — email metadata, web server configurations, government disclosures, DNS records — with fresh eyes, asking not "could someone find this?" but "what could an agent synthesize from this combined with everything else it knows?"
The world is entering an era where the floor of competitive intelligence rises dramatically for everyone. Agents will make the kind of analysis that once required dedicated teams and significant budgets available to any company willing to deploy them.
The companies that will thrive aren't the ones that try to hide everything — that's a losing game. They're the ones that will clearly distinguish between what can't be secret (strategy, product design, market positioning) and what must be (operational mechanics, pricing terms, supplier relationships), and then invest seriously in the infrastructure to protect what matters.
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Thailand’s economy likely grew at a slower pace in the first quarter of 2026, as weak domestic demand and a tourism slowdown linked to the Iran war weighed on overall activity despite strong exports tied to artificial intelligence-related products.
According to a Reuters poll of 17 economists conducted between May 8 and May 14, the tourism-dependent economy was expected to expand 2.2% year-on-year during the January-March quarter, easing from 2.5% growth recorded in the previous quarter.
On a seasonally adjusted quarterly basis, Thailand’s gross domestic product (GDP) was expected to rise just 0.1%, based on the median estimate of eight economists
Economists said weak consumer demand remained a key drag on Southeast Asia’s second-largest economy.
The drag on growth is likely to come from weaker consumption and lower tourism arrivals,” said Jun Hao Ng, assistant economist at Oxford Economics, as cited in a Reuters report.
Private consumption, which has long been a major driver of Thailand’s economic activity, remained under pressure due to high household debt levels and fragile consumer confidence.
Ng said private consumption likely slowed after the temporary support provided by the government’s co-payment programme ended in the fourth quarter of 2025.
The slowdown in domestic demand added to broader concerns surrounding Thailand’s economic outlook, especially as external uncertainties continued to affect key sectors.
Economists in the Reuters poll said second-quarter growth could face additional challenges from supply disruptions and weaker tourism activity.
After a resilient first quarter, second-quarter growth will be a different story,” said Erica Tay, director of macro research at Maybank.
The effect of supply disruptions on the industrial, agricultural and fishery sectors will be more apparent, as will the impact of flight disruptions on tourism-related activities,” Tay added.
Thailand’s economy was expected to expand 1.3% this quarter, while annual growth for 2026 was forecast to average 1.6%.
The Bank of Thailand recently lowered its 2026 economic growth forecast to 1.5% from 1.9%, reflecting growing concerns over domestic and external pressures facing the economy.
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The fallen crypto mogul serving a 25-year sentence filed a clemency petition, betting on Donald Trump's history of crypto pardons even though the president had told him not to count on one.
The former crypto executive, known by his initials SBF, was convicted in 2023 for orchestrating the fraud and conspiracy scheme that ultimately undid FTX, once one of the world's largest cryptocurrency exchanges.
The company collapsed in November 2022 after CoinDesk reported on balance sheet concerns tied to affiliated trading firm Alameda Research, exposing an $8 billion hole in FTX's accounts and triggering a run on customer deposits.
Bankman-Fried confirmed his interest in clemency during a recent interview with FOX Business.
"I assume that you would want a pardon from the White House?" FOX Business correspondent Susan Li asked him by phone. "Absolutely," Bankman-Fried responded. "It would be obviously, you know, ultimately up to the president, not up to me."
He declined to say whether members of his family were lobbying the administration on his behalf. SBF’s parents, Stanford Law School professors Joseph Bankman and Barbara Fried, have previously reached out to individuals in Trump's orbit to explore a possible presidential pardon for their son. It's not clear whether any direct discussions with White House officials took place.
The pardon request follows months of public statements from Bankman-Fried that have aligned with Trump's positions. Writing through intermediaries using prison-approved communications, he has praised the president's decision to launch strikes against Iran, argued that Trump helped "save" the Securities and Exchange Commission by replacing former Chair Gary Gensler with Paul Atkins and highlighted lower gasoline prices during Trump's tenure.
He also appears to be following a playbook he wrote to try and ingratiate himself with Republicans after being seen as a Democratic mega-donor during the 2020 election. This playbook included items like appearing on Tucker Carlson's show, something he did last year.
The outreach has drawn attention because Trump has shown a willingness to pardon high-profile defendants, including several figures tied to the crypto industry. Since returning to office, Trump has pardoned Silk Road founder Ross Ulbricht, former Binance CEO Changpeng "CZ" Zhao and the co-founders of BitMEX.
Still, Trump's support is far from assured. In a January interview with The New York Times, the president said Bankman-Fried should not count on receiving clemency, grouping him with several other high-profile defendants he did not intend to pardon.
For now, Bankman-Fried remains incarcerated while his appeal efforts and clemency petition move through separate channels.
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Alongside ambitious domestic revenue targets, state planners are relying heavily on both external and internal borrowing to plug the fiscal deficit
The proposed national budget of approximately Tk938,000 crore for the upcoming FY27 brings a mix of high macroeconomic expectations and multi-layered structural challenges.
To implement a fiscal blueprint of this magnitude, the government must mobilize massive financial resources.
Alongside ambitious domestic revenue targets, state planners are relying heavily on both external and internal borrowing to plug the fiscal deficit.
Specifically, the government’s plan to borrow a net Tk112,000 crore directly from the domestic banking sector has triggered fresh anxieties among macroeconomists and policy analysts.
According to projections from the Finance Division, the overall budget deficit for the upcoming fiscal year will reach approximately Tk243,000 crore, representing roughly 3.6% of the country’s Gross Domestic Product (GDP).
Any resulting shortfall in external aid historically shifts the burden straight back onto domestic commercial banks.
The implementation of the 9th pay scale will channel substantial liquidity directly to public sector employees, likely driving up consumer demand and household consumption.
While Finance Division officials believe this demand shift will stimulate domestic economic activity, economists warn that boosting consumption without a corresponding increase in production or supply lines risks fueling inflation.
Given that the central bank has spent months enforcing tight monetary controls to cool the economy, this sudden liquidity injection could complicate efforts to achieve price stability.
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Nobitex, the dominant crypto exchange in Iran, was founded by two brothers from the Kharrazi family, a clan related by marriage to all three supreme leaders of the Islamic Republic, according to a lengthy Reuters investigation published Friday.
Reuters reported that brothers Ali and Mohammad Kharrazi registered the company in 2018 using the surname Aghamir Mohammad Ali, a name they used in corporate filings, university life and a Nobitex marketing brochure, while other relatives publicly use the Kharrazi name. The brothers founded the company alongside chief executive Amir Hosein Rad, who is not related to the family.
Their grandfather reportedly sat on the Assembly of Experts, the body that selects Iran's supreme leader, and once tutored Mojtaba Khamenei, who succeeded his father Ali Khamenei as supreme leader after the Feb. 28 U.S. and Israeli airstrike. Their father, Ayatollah Bagher Kharrazi, founded the Iranian political organization Hezbollah, distinct from the Lebanese militia, and according to Reuters helped staff the Islamic Revolutionary Guard Corps (IRGC) after the 1979 revolution.
Reuters said it traced the link by cross-referencing Iranian corporate, government and banking records, and noted that the email address used to register the Nobitex domain in 2017 contained the Kharrazi name and was also used for a religious charity chaired by the brothers' father.
In a statement to Reuters, Nobitex denied any government affiliation, said the brothers had not changed their identity and characterized any illicit funds moving through the platform as a "very small fraction of overall volume" that occurred without management's awareness. Iran's government did not respond to requests for comment from Reuters
The exchange claims roughly 11 million users and handles about 70% of Iran's crypto activity, according to figures cited in the Reuters report. The Block has previously covered Nobitex's outsized role in the country's sanctioned crypto ecosystem, including $11 billion in lifetime inflows tracked by Chainalysis.
Estimates of illicit volume on Nobitex vary widely across blockchain analytics firms. Reuters cited Elliptic identifying around $366 million in suspect flows, Chainalysis estimating closer to $68 million, and Crystal Intelligence pointing to roughly $22 million in direct transfers from sanctioned wallets. All three firms told Reuters the true figures are likely higher.
A separate Elliptic analysis cited by Reuters found that wallets controlled by the Central Bank of Iran sent about $347 million to Nobitex in the first half of 2025, part of a larger central bank crypto buying program Elliptic has previously documented.
Reuters also reported that one of Nobitex's largest early backers, Mohammad Bagher Nahvi, is vice chairman of Safiran Airport Services, a company sanctioned by the U.S. Treasury in September 2022 for coordinating flights tied to Iranian drone shipments to Russia.
A 2025 spat between disgraced Iranian businessman Babak Zanjani and the Central Bank of Iran inadvertently exposed wallet addresses that allowed Crystal Intelligence and another analyst to identify at least $20 million in central bank funds that had been routed through Nobitex, according to Reuters
Nobitex has continued processing transactions throughout the ongoing U.S.-Israeli war in Iran, even during the nationwide internet blackout imposed Feb. 28, Reuters reported, citing Crystal Intelligence and other blockchain analytics firms.
Crystal Intelligence told Reuters that Nobitex has processed more than $100 million in transactions during the war, around 20% of normal activity, while $54 million has been withdrawn from the exchange since the conflict began, with much of it moving abroad to brokers who convert crypto to cash. The Block has previously reported on similar post-strike outflow surges tracked by Chainalysis.
Internet monitoring firm NetBlocks told Reuters that only 1% to 2% of Iranians, those on a "state-approved whitelist," currently have internet access.
The U.S. Treasury announced new sanctions on April 28 targeting what it described as Iran's shadow banking infrastructure, but Nobitex was not among the designated entities. Reuters reported it could find no indication that any member of the Kharrazi family had been sanctioned by Western governments.
In a statement to Reuters, Senator Elizabeth Warren, D-Mass., ranking Democrat on the Senate Banking Committee, called the findings a "flashing red light" and said adversaries are using digital assets to move funds outside the U.S.-led financial system
Binance, which Reuters previously reported moved $7.8 billion for Nobitex clients despite U.S. sanctions, did not respond to questions from Reuters for the new report. Former Binance CEO Changpeng Zhao was sentenced to prison in 2024 for money laundering violations and later pardoned by President Donald Trump in 2025
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TOKYO, June 24 (Reuters) - SoftBank (9984.T), opens new tab founder and CEO Masayoshi Son told shareholders on Wednesday that artificial intelligence is still in its early stages and any ​talk of a bubble is "an insult to AI."
"I think it's blasphemy against AI if ‌you say it's a bubble," Son said at the Japanese conglomerate's annual general meeting
The AI investment boom has driven up valuations even as investors question the sustainability of the rally, with ​SoftBank's share price boosted by Son's all-in bet on OpenAI.
Son has experienced market booms and ​busts during his career, including the dot-com bubble and the COVID-19 pandemic, when his ⁠portfolio fell into the "valley of the coronavirus."
SoftBank's other investments include robotics and the group is building ​data centres in the U.S.
Tokyo Electric Power Co (9501.T), opens new tab is looking to bring in external capital, and Son said ​his group was seeking to invest.
"If (TEPCO) were to join our group, we would increase power supply and bring AI data centers to Japan," he sai
The entrepreneur, 68, said he will lead the company into his 70s ​to bring ⁠about "artificial superintelligence," which he defines as being 10,000 times smarter than a human.
"I have become greedier," Son said. "I would like to do more over the next 10 to 15 years. I will stay healthy as long ⁠as I ​can.
One shareholder, who described herself as a "simple housewife," asked Son ​to nominate her son to the board of directors
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