RCA Telegram News California - News from San Francisco, California, the USA and the world, around the clock every day

Appeal trial opens for France's Sarkozy over alleged Libyan funding
Western allies push back on Trump call for NATO help to reopen Hormuz
Western allies push back on Trump call for NATO help to reopen Hormuz

NATO allies and other Western nations pushed back Monday on US President Donald Trump's demand that alliance members help reopen the Strait of Hormuz, the critical conduit for crude oil that Iran has effectively closed.

March 16, 2026

RECENT NEWS

Central banks meet as Mideast war fuels inflation fears
Central banks meet as Mideast war fuels inflation fears

Some of the world's biggest central banks meet this week as fears grow the energy shock unleashed by the Middle East war could fuel inflation and weigh on growth.

March 16, 2026

European bank battle heats up as UniCredit swoops for Commerzbank
European bank battle heats up as UniCredit swoops for Commerzbank

Italian bank UniCredit on Monday made a 35-billion-euro ($40 billion) takeover offer for Commerzbank, sparking fury from Berlin and a defiant vow from the German lender to defend its independence.

March 16, 2026

Oil eases on hopes for Strait of Hormuz passage
Oil eases on hopes for Strait of Hormuz passage

Oil prices eased on Monday as investors balanced hopes for the crucial Strait of Hormuz reopening with concerns over further attacks on energy infrastructure.

March 16, 2026

RECENT NEWS

Frenchman jailed in Azerbaijan for 10 years for 'spying'
Frenchman jailed in Azerbaijan for 10 years for 'spying'

Azerbaijan on Monday sentenced a Frenchman to 10 years in prison in an espionage case launched during a period of diplomatic tensions between Paris and Baku that have now eased.

March 16, 2026

RECENT NEWS

Oil rises further above $100, most Asian stocks fall as Iran war rages
Oil rises further above $100, most Asian stocks fall as Iran war rages

Oil prices jumped further above $100 Monday and Asian stocks mostly fell as the Iran war moved into a third week with both sides showing no sign of backing down and diplomats trying to ensure safe passage for tankers through the crucial Strait of Hormuz.

March 16, 2026