Yemen’s Houthis Are Attacking Saudi Arabia From Iraq, Sources Say

Yemen’s Iran-aligned Houthis have attacked Saudi Arabia from Iraqi territory this week in coordination with Iraqi armed groups, according to assessments by Saudi Arabia and regional partners cited by two officials in the region. The reported cooperation points to deeper coordination among Iran-aligned groups operating across the Middle East.

How Gold Helped India Avert a Financial Crisis 35 Years Ago

Thirty-five years ago, gold helped India pull back from the brink of a sovereign payments crisis, providing emergency foreign exchange at a moment when the country had only enough reserves to cover a few weeks of imports. The episode came shortly before Finance Minister Manmohan Singh announced the landmark economic reforms of 1991 that transformed India’s economic policy.