Trump says Iran wants talks and ‘make a deal’ as US aircraft carrier deploys
A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed...
Geostrategy
Netanyahu, US envoys discuss opening Rafah crossing: Israeli media
US envoys Steve Witkoff and Jared Kushner urged Israeli Prime Minister Benjamin Netanyahu to reopen the Rafah crossing between Gaza and...
Geostrategy
Geostrategy
Libyans united in grief for army chief killed in plane crash
General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...
- "It will be hard to find a man of his calibre," Nasreddine al-Maghribi told AFP at a cafe in Libyan capital Tripoli.
- Until a successor is selected, Haddad's deputy, General Salaheddine al-Namroush, will stand in for him, according to the presidential council.
Business
Why metal prices are soaring to record highs
London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
- Gold has climbed more than 70 percent this year and passed $4,500 an ounce for the first time on Wednesday.
- A weak dollar is also boosting industrial metals, since commodities priced in dollars become cheaper for buyers when the currency falls.
Geostrategy
Palestinian Authority says Israel tightening control over West Bank with new settlements
The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...
- On Sunday, Israel's far-right Finance Minister Bezalel Smotrich announced the authorities had greenlit the settlements
- The latest move brings the total number of settlements approved over the past three years to 69, Smotrich's office said
Economy
“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
- The Green Line, as it is known, is the latest of a long list of megaprojects undertaken by El-Sisi's government in the past decade
- The Green Line will run across the country's north, from Ain Sokhna on the Red Sea to Marsa Matrouh on the Mediterranean
Geostrategy
Gazans fear renewed displacement after Israeli strikes
Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
- Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
- For Palestinian officials, the line is seen as a tool for permanent displacement.
Business
Kuwait signs $4.1 billion deal with China to build port
Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
- Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
- Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".
Geostrategy
Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides
Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
- Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
- In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody
Business
Tech stocks lead Wall Street higher, gold hits fresh record
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
- Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
- The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.
Business
Billionaire Ellison offers personal guarantee for son’s Warner Bros bid
Washington, United States -- Oracle tech tycoon Larry Ellison is offering a $40.4 billion personal guarantee to back Paramount's hostile...
- Netflix shocked the industry December 5 by announcing it had sealed an agreement to buy the film and television studio and HBO Max streaming business for nearly $83bn.
- Three days later, Paramount launched an all-cash tender offer valuing the entertainment giant at $108.4 billion.
Economy
Pressure on Morocco to deliver as Africa Cup of Nations kicks off
Morocco carry a huge weight of expectation into their opening game at the Africa Cup of Nations on Sunday as...
- Senegal, Ivory Coast, Mohamed Salah's Egypt and a Nigeria side led by Victor Osimhen are the biggest rivals for Morocco at the AFCON
- Morocco, Africa's best team in the FIFA rankings in 11th place, kick off the tournament on Sunday against minnows Comoros
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Trump says Iran wants talks and ‘make a deal’ as US aircraft carrier deploys
A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed...
Geostrategy
Company News
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Trump tells Cuba to ‘make a deal, before it is too late’
The communist-run island near Florida has been a US foe and ally of Caracas for decades, but Trump has ramped...
Geostrategy
Iran president says ‘rioters’ must not disrupt society
Pezeshkian accused the United States and Israel of "trying to escalate this unrest with regard to the economic discussion and...
Geostrategy
Novel concept: China’s spellbinding bookstores draw selfie snappers
Tianjin, China -- Towering accordion steps and a fantastical spiral staircase greet visitors to a massive bookstore in northern China's...
Arts & Culture
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Business
AI toys look for bright side after troubled start
Las Vegas, United States -- Toy makers at the Consumer Electronics Show were adamant about being careful to ensure that...
- The rapid advancement of generative AI since ChatGPT's arrival has paved the way for a new generation of smart toys.
- Among the four devices tested by PIRG was Curio's Grok, a four-legged stuffed toy inspired by a rocket that has been on the market since 2024.
Geostrategy
Palestinian VP meets diplomat expected to serve on Trump’s Gaza peace board
Palestinian vice president Hussein al-Sheikh met on Friday with former UN Middle East envoy Nickolay Mladenov, who is expected to...
- The meeting in the occupied West Bank city of Ramallah comes a day after Mladenov held talks with Israeli Prime Minister Netanyahu
- Bulgarian diplomat Mladenov served as the UN envoy for the Middle East peace process from early 2015 until the end of 2020
Geostrategy
Russia joins Chinese, Iran warships for military drills off South Africa
A Russian warship arrived off South Africa's main naval base Friday to join Chinese and Iranian vessels for military exercises that...
- A Chinese destroyer and replenishment ship, as well as an Iranian forward base vessel, sailed into South African waters earlier this week
- The UAE was also expected to send ships, South Africa's Deputy Defence Minister Bantu Holomisa told Newzroom Afrika television