Prem

U.B. Prem

Weekend Editor

Prem is the Weekend Editor at International Business Times. As a journalist, he has dabbled with the vagaries of politics, the nuances of policy, and the interplay of economics and finance. Apart from an overwhelming desire to shed the technologically challenged tag, startups, sports, lifestyle, soccer, and movies are pet themes that fill in the blanks.

Our writers adhere to IBT's Editorial Guidelines.
More From U.B. Prem

Defunct MoU Has A Key Iranian Backer. Pezeshkian Floats 'Neither War Nor Peace' Scenario.

The US and Iran had agreed on a deal in June to pave the way for an end to the conflict. The broader terms of a peace deal were to be chalked out in 60 days. The 60-day period has ended but there has been no significant progress in backchannel negotiations as the US and Iran failed to reach a consensus on the management of the contentious Strait of Hormuz.
Aug 23, 2026

Trump Slams Canada. Row Over Retaliatory Tariffs Continues

Canadian Prime Minister Mark Carney alleged that the final demands made by the US were too stretched. These reportedly included steps Canada considered as unacceptable, including terms that curtailed Canada's ability to negotiate trade agreements with other countries
Aug 23, 2026

Iran's Top Security Chief Escalates Rhetoric. Warning Aimed At US Allies.

This is Mohsen Rezai's most extensive public statement since taking over as head of Iran's Supreme National Security Council. Rezai's defiant tone has been interpreted by many as a hardening of stance by Tehran amid diplomatic efforts to bring back Iran and Washington to the negotiating table.
Aug 23, 2026

Will Wall Street Toast Nvidia's Numbers Or Warsh's Jackson Hole Playbook

Investors will be chasing clues these events may offer on whether the artificial intelligence-led stock market rally would be able to sustain itself amid uncertainty over growth and interest rates. Despite Warsh's aversion to offer guidance, investors would expect at least broad clues on how the Fed intends to approach the policy framework.
Aug 22, 2026

US Sanctions Threat: Behind Iran's Fresh Rallying Cry Against 'Same Bull'

Iran is trying to rally international opinion against what it sees as the perceived discriminatory tariffs and sanctions regime, backed to the hilt by the Trump administration, as a tool to spur a rallying cry against US actions globally. Tehran hopes that such a step would, in effect, put the US administration in an isolated position globally.
Aug 22, 2026

Ukraine Pounds Russia And Vice Versa. Kyiv's Blitz Signals A Strategic Shift

Ukraine is of the view that Russia's vast energy reservoirs are bankrolling its appetite for war and hence it is unleashing the coordinated strikes on these facilities across Russia. These strikes are aimed at bringing the impact of the war and causing misery to the Russian public, which has also been bearing the economic and military consequences of the conflict.
Aug 16, 2026

AI's New Red Flag: US Dangles Pax Silica At Partners To Sideline China

In the looming Artificial Intelligence (AI) battle, the US is preparing the groundwork to let its partners know that they can't have pacts with China if they are keen to join the US-led AI coalition. In other words, those who want to dabble with China, as the AI race gathers momentum, can rest assured that they will be excluded from US-led AI initiatives, including Pax Silica.
Aug 16, 2026

Defiant Iran Spits Fire. Middle East Peace Hopes Flounder Amid Rage

A defiant Iran has said the United States and should accept defeat and President Donald Trump termed Iran as evil as the war of words and the Middle East conflict continues unabated. Iran's defiance is seen as a sign of proclaiming to the global community that Tehran has no urgency to end the war
Aug 15, 2026

Grand Old Plan: Why Republicans Are Tapping Kitchen Table For Its Midterm Playbook

The Republican playbook aims to steer the discourse away from being a referendum on US President Donald Trump's war on Iran, its impact on the economy and the rock-bottom approval ratings alarming even the MAGA base. It will instead harp on the dangers of the activist Left holding the Democratic camp hostage and throw in heaps of anti-Israel rhetoric.
Aug 09, 2026

Iran Sees Hormuz As Trump's Waterloo. That May Not Be The Case.

The strategy poses risk as the US war has heaped misery on Tehran on multiple counts. Strikes have decimated Iran's top leadership, navy and air force. Iran's own economy is in shambles and Iranians who hit the streets in protests months ago against the regime, could latch on to economic misery to trigger an uprising again. These are factors which could upset Tehran's calculations.
Aug 08, 2026

Hollywood Reels Out Billion-Dollar Hits Again. Blockbuster 2026's Box Office Odyssey Will Continue

Modern blockbuster movies' billion dollar collections are also attributed to the rise in prices of movie tickets for the standard version as well as the surge in premium large format showings. Imax, Dolby Cinemas, ScreenX and 4DX have also been beneficiaries of this trend, reporting record ticket collections spurred by movies including "The Odyssey" and "Spider-Man: Brand New Day."
Aug 08, 2026

Skirting Hormuz Is A Logistical Nightmare. Time To Pursue Such A Passage Has Arrived.

Experts have cited logistical nightmares and security threats that make skirting the Hormuz a daunting scenario. Alternative pipelines won't be sufficient to curb reliance on Hormuz as these have only a combined maximum capacity of about nine million barrels per day, compared to 20 million bpd that transited through Hormuz during peace time. But still, work is being carried out on such projects.
Aug 02, 2026

OPEC+ Agrees To Boost Oil Output. It May Not Reflect In Market Soon.

Export disruptions from the Gulf, Russia and Kazakhstan due to geopolitical conflicts meant that successive OPEC+ have remained largely on paper, causing little impact on the market. Major oil producers in the Gulf have not been able to increase exports due to the closure of Hormuz enforced by Iran.
Aug 02, 2026

Trump Orders Pause On Planned Strikes. US Allies Float A Narrow Peace Passage To Iran

The US President announced that Israel has agreed to the latest proposal for peace, worked out by the American allies in the Middle East. Iran is yet to comment on Trump's reported statement.The development came a day after he hinted that the US president hinted that the US forces were close to resuming heavy military strikes to force Tehran to come to the negotiating table.
Aug 02, 2026

Pentagon Gets A Grim Warning On Defending Israel. US Cannot Simply Ignore It.

The latest report comes after an earlier indication lobbed concerns about another potential battlefield worry for the Trump administration, in the form of a reported depletion of its ammunition. These concerns are a pointer to the constraints on the military inflicted by the protracted Middle East conflict.
Aug 01, 2026

US Mulls Massive Strikes. Iran Hints At Retaliation Plan

Tehran is also chalking out a retaliation plan after reports emerged that the US and Israel are planning heavy attacks against civilian infrastructure in Iran. Frustration is also growing among US allies in the Middle East with Saudi Arabia conveying that it wanted a de-escalation the Iran war.
Aug 01, 2026

Trump's 'Rocket Fuel' For Growth Remains Elusive. Republicans Face Uneasy November

The Fed's decision to keep interest rates unchanged has once again brought the spotlight back on November midterms, as the prospect of higher borrowing costs loom, posing uneasiness for the tense Republican camp. The Trump administration's own policies have helped drive an increase as policies, including the tariffs regime, have had an adverse impact on several counts.
Aug 01, 2026

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