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Paraguay raids ex-president’s home: Why a bank crash brought down Pena
Santiago Pena faces charges of financial crimes following Ueno Bank’s collapse, impacting half of Paraguay’s population.
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Burnham’s government unveils its first UK budget: What to expect
UK chancellor to present an autumn budget amid rising living costs and energy bills.
From: NewsFeed
Could your halal pension be funding Israel’s military?
HSBC’s ‘sharia-compliant’ fund invested over $100 million in companies linked to Israel’s military.
Published On 19 Oct 2026
EXPLAINER
How HSBC’s Islamic fund invested millions in Israeli war-linked firms
HSBC bought $130m worth of shares in firms tied to Israel’s military, in breach of Islamic law compliance requirements.
US inflation rises before midterm elections, fuelling rate hike fears
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
US fines Bank of America $1.2bn for money laundering, sanctions violations
The second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.
Trump launches probe into Federal Reserve Governor Lisa Cook
Trump began efforts to remove Cook as one of the governors on the US Fed Reserve Board in 2025 and litigation is on.
How the Banco Master scandal injected chaos into Brazil’s presidential race
Figures across Brazil’s political spectrum have been linked to the scandal in the midst of a key election.
Turkiye revokes operating licence of Iran’s Bank Mellat in Istanbul
The Iranian lender has faced years of Western sanctions over alleged ties to Tehran’s nuclear programme.
Bank of Japan raises rates to 31-year high of 1.25% as inflation rises
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.
![A man walks in front of an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo [File: Kazuhiro Nogi/AFP]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/06/AFP__20260615__B7387PA__v1__MidRes__JapanEconomyStocks-1781492156.jpg?resize=770%2C513&quality=80)
EXPLAINER
What are all the sanctions Iran is under?
Iran has faced a torrent of international sanctions since the 1979 revolution – here’s what’s in place right now.
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