Israel insists it calls shots in Gaza despite signing up to a US-brokered ceasefire
Under the terms of a US-brokered ceasefire, as Israeli forces withdraw after the end of two years of brutal fighting...
Geostrategy
US treasury secretary signals deal to ease trade war with China
Washington, United States -- US Treasury Secretary Scott Bessent on Sunday signaled a tentative deal with China to de-escalate their...
Geostrategy
Geostrategy
Mamdani in touching distance of becoming NY mayor
New York, United States -- An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...
- The 34-year-old election frontrunner was born in Uganda to a family of Indian origin and has lived in the United States since he was seven.
- He is the son of filmmaker Mira Nair ("Monsoon Wedding," "Salaam Bombay!") and Mahmood Mamdani, a professor and respected Africa expert.
Economy
US Fed will likely cut again despite economic murkiness from shutdown
The central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between...
- Without these key insights into the US economy, Fed officials will be forced to set interest rates without the full spectrum of data they normally rely upon.
- The US central bank has a dual mandate from Congress to act independently to tackle both inflation and unemployment.
Economy
Iran declares major lender bankrupt
Iran declared one of the country's largest private banks bankrupt with its assets absorbed by the state, official media reported...
- Founded in 2012, Ayandeh Bank had a network of 270 branches across the country, including 150 in the capital Tehran alone
- But it had more recently been crippled by debt, with accumulated losses amounting to the equivalent of about $5.2 billion
Geostrategy
The armed groups clashing with Hamas in Gaza
Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
- Some of these groups are criminal gangs, others consist of members of historically influential Gaza families, and some combine both elements, experts told AFP
- Armed gangs in Gaza are reportedly acting under Israeli protection, and allegedly loot aid convoys entering the territory, where shortages remain dire after Israel's blockade
Geostrategy
Afghanistan, Pakistan seek to firm up truce in Istanbul talks
Afghan and Pakistani negotiators were locked in talks to hammer out a lasting ceasefire Saturday, with Islamabad warning that if...
- Two weeks ago, the Taliban government launched a border offensive following explosions in Kabul which it blamed on its Pakistani neighbour
- Vowing a strong response, Islamabad then carried out "precision strikes" against armed groups on Afghan soil which are at the heart of the dispute
Arts & Culture
Picasso portrait of Dora Maar sells for $37 mn
The Spanish master painted it on July 11, 1943 and it was acquired in August 1944 by a private French...
- Entitled "Bust of a Woman With a Flowery Hat", the oil portrait of photographer, painter and poet Maar is a riot of colours and thick, black lines
- The Spanish master painted it on July 11, 1943 and it was acquired in August 1944 by a private French collector, grandfather of the former anonymous owners
Geostrategy
Trump heads for Asia and Xi trade talks
US President Donald Trump left on Friday for Asia and high-stakes trade talks with Chinese counterpart Xi Jinping -- adding...
- Trump is set to meet Xi in South Korea on the last day of his regional swing in a bid to seal a deal to end the bruising trade war between the world's two biggest economies
- He will also visit Malaysia and Japan on his first trip to Asia since he returned to the White House in January in a blaze of tariffs and international dealmaking
Economy
China vows massive high-tech sector development in next decade
Beijing, China -- China will develop its high-tech sector on a massive scale in the next decade, top officials vowed...
- The country has poured support and investment into developing its science and technology sectors, part of ongoing efforts to present itself as a world leader in those areas.
- Domestically, China has been beset by sluggish spending, a protracted property sector crisis and a demographic crunch as its population starts to decline.
Geostrategy
Rubio seeks quick deployment of international Gaza force
He confirmed that Israel would enjoy vetoes on the force composition, amid reports Israel has objected to participation by Turkey.
- Turkey, a NATO member and one of the region's strongest militaries, was the first Muslim-majority country to recognize Israel.
- Indonesia, the world's largest Muslim-majority state, has said it is ready to send troops to Gaza.
Science
Anthropic announces massive AI chip deal with Google
San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing...
- The arrangement will include Anthropic buying as many as one million Tensor Processing Units (TPUs), which are integrated circuits custom-designed by Google
- The expansion promises to let Anthropic bring more than a gigawatt of new computing power online by the end of 2026, enabling it to meet "exponentially growing demand."
Israel insists it calls shots in Gaza despite signing up to a US-brokered ceasefire
Under the terms of a US-brokered ceasefire, as Israeli forces withdraw after the end of two years of brutal fighting...
Geostrategy
Company News
Latest News
Air India probe of Boeing 787 fuel control switches finds no issues
Mumbai, India - Air India's inspection of the locking feature on the fuel control switches of its existing Boeing 787...
Israeli airstrike kills five Palestinians in West Bank
Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...
Dubai roads, airport reel from floods after record rains
Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...
Heavy storms soak Gulf as Oman toll rises to 18
Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...
Number of journalists killed on job in 2023 declines despite Gaza: RSF
In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...
Iran declares major lender bankrupt
Iran declared one of the country's largest private banks bankrupt with its assets absorbed by the state, official media reported...
Economy
The armed groups clashing with Hamas in Gaza
Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
Geostrategy
Afghanistan, Pakistan seek to firm up truce in Istanbul talks
Afghan and Pakistani negotiators were locked in talks to hammer out a lasting ceasefire Saturday, with Islamabad warning that if...
Geostrategy
Most Read
Geostrategy
Trump heads for Asia and Xi trade talks
US President Donald Trump left on Friday for Asia and high-stakes trade talks with Chinese counterpart Xi Jinping -- adding...
- Trump is set to meet Xi in South Korea on the last day of his regional swing in a bid to seal a deal to end the bruising trade war between the world's two biggest economies
- He will also visit Malaysia and Japan on his first trip to Asia since he returned to the White House in January in a blaze of tariffs and international dealmaking
Economy
China vows massive high-tech sector development in next decade
Beijing, China -- China will develop its high-tech sector on a massive scale in the next decade, top officials vowed...
- The country has poured support and investment into developing its science and technology sectors, part of ongoing efforts to present itself as a world leader in those areas.
- Domestically, China has been beset by sluggish spending, a protracted property sector crisis and a demographic crunch as its population starts to decline.
Geostrategy
Rubio seeks quick deployment of international Gaza force
He confirmed that Israel would enjoy vetoes on the force composition, amid reports Israel has objected to participation by Turkey.
- Turkey, a NATO member and one of the region's strongest militaries, was the first Muslim-majority country to recognize Israel.
- Indonesia, the world's largest Muslim-majority state, has said it is ready to send troops to Gaza.