Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war
US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...
Geostrategy
Hezbollah says has ‘right’ to respond to Israel’s killing of military commander
Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
Geostrategy
Geostrategy
Trump says Russia, China have secretly tested nuclear weapons
President Donald Trump alleged Sunday that countries including Russia and China have conducted underground nuclear tests unknown to the public,...
- "Russia's testing, and China's testing, but they don't talk about it," he told CBS's "60 Minutes" program, in an interview released Sunday
- "I don't want to be the only country that doesn't test," he said, adding North Korea and Pakistan to the list of nations allegedly testing their arsenals.
Economy
OPEC+, including Saudi Arabia and Russia, agree further hike to their oil production
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...
- The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause" in what had been regular hike since April
- The announced increase, which tallied with analyst expectations, has been seen as a bid by the key members of OPEC+ - known as the Voluntary Eight - to gain greater market share
Geostrategy
Syrian leader to discuss sanctions, reconstruction in US visit: FM
Syria's president will discuss issues including lifting remaining sanctions, reconstruction and counter-terrorism when he becomes the country's first leader to...
- Ahmed al-Sharaa is expected in the US capital in early November, Syria's top diplomat Asaad al-Shaibani told a panel at the Manama Dialogue in Bahrain
- On Saturday, US envoy to Syria Tom Barrack said Sharaa was heading to Washington "hopefully" to sign an agreement to join the US-led alliance against the Islamic State
Geostrategy
Death becomes a growing business in ageing, lonely South Korea
Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...
- Single-person households now account for around 42 percent of all homes in Asia's fourth-largest economy.
- A new profession has emerged reflecting that statistic: cleaners who are called in to tidy up homes after their occupants, most of whom lived alone, have died.
Geostrategy
Hundreds in south Lebanon mourn Hezbollah members killed in Israeli attacks
Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...
- On Saturday, an Israeli strike killed four people in Kfar Rumman, Nabatiyeh district, the Lebanese health ministry and the Israeli military said.
- The men's coffins were draped in Hezbollah's flag while mourners threw petals and chanted "death to Israel, death to America".
Geostrategy
Iran vows to rebuild nuclear sites ‘stronger than before’
"By destroying buildings... we will not be set back," said Iranian President Masoud Pezeshkian, in a visit to the country's...
- Pezeshkian's comments came as Oman, Iran's traditional intermediary, urged the two countries on Saturday to resume talks.
- Oman hosted five rounds of US-Iran talks this year. Just three days before the sixth round, Israel launched its strikes against Iran's nuclear facilities.
Business
High price of gold inspires new rush in California
El Dorado Hills, United States -- Matt James has collected gold nuggets for years from the hills and riverbeds of...
- Though the value has fluctuated, it has effectively doubled in the last two years, reaching an all-time high of more than $4,380 an ounce in October.
- The Gold Rush transformed California, known as the Golden State, and many towns in the Sierra Nevada are working to keep that moment in history alive.
Geostrategy
OPEC+ looks set to further hike oil output
Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...
- As in previous months, the V8 group is likely to cite "low oil inventories" worldwide to justify a further increase in production quotas.
- In late October, pressure on Russian oil supplies mounted after the United States hit the country's two biggest oil producers -- Rosneft and Lukoil -- with sanctions.
Economy
Social media fooled by AI video of ‘sky stadium’ for Saudi 2034 World Cup
Paris, France - An AI-generated video claiming to show one of the football stadiums for the 2034 FIFA World Cup...
- The video of glowing arena built atop a towering skyscraper was shared by thousands of social media accounts, with millions of users believing it was the official visual
- While Riyadh has unveiled plans to build a football area on a real estate complex in The Line – a futuristic new megacity project – the official plans bear no likeness to the clip
Geostrategy
UN Security Council backs Morocco plan for W. Sahara autonomy
The UN Security Council voted Friday in favor of a resolution backing Morocco's autonomy plan for Western Sahara as the...
- Western Sahara is a vast mineral-rich former Spanish colony that is largely controlled by Morocco but has been claimed for decades by the pro-independence Polisario Front
- The Security Council had previously urged Morocco, the Polisario Front, Algeria and Mauritania to resume talks to reach a broad agreement
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war
US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...
Geostrategy
Company News
Latest News
COP30 deal under threat as nations clash over fossil fuels
The draft text unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President...
Geostrategy
Frida Kahlo painting auctions for $54.6 mn, record for woman artist
New York, United States - A self-portrait by legendary Mexican artist Frida Kahlo sold for $54.66 million in New York...
Arts & Culture
Iran says no access to bombed nuclear sites without IAEA deal
Iran's Foreign Minister Abbas Araghchi said that the UN's nuclear watchdog would not be given access to Iranian nuclear sites...
Geostrategy
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Business
AMD, Cisco, and HUMAIN partner to build 1 GW AI infrastructure in Saudi
Washington, DC., US – AMD, Cisco, and HUMAIN, a PIF-backed company delivering full-stack AI solutions, have announced plans to establish...
- The joint venture, which will begin operations in 2026, will combine HUMAIN’s advanced data centers with AMD and Cisco technologies.
- AMD and Cisco will act as exclusive technology partners, contributing their products and services to develop up to 1 GW of AI infrastructure by 2030.
Business
Meta to remove under-16 Australians from Facebook, Instagram on December 4
Australians younger than 16 will be removed from Facebook and Instagram on December 4, tech giant Meta said Thursday, as...
- From December 10, Australia will force social media platforms, including Facebook, Instagram and TikTok, to remove users under the age of 16 or face hefty fines
- "From today, Meta will be notifying Australian users it understands to be aged 13-15 that they will lose access to Instagram, Threads and Facebook," Meta said in a statement
Geostrategy
Israeli strikes kill 27 in Gaza in spite of fragile truce, follows attacks targeting Hezbollah in Lebanon
The strikes were among the deadliest in Gaza since the truce entered into force last month, and came as Israel...
- Fourteen people were killed Wednesday in Gaza City in the north and 13 in the Khan Yunis area in the south, according to the territory's civil defence agency
- The highest daily toll registered since the truce took effect was on October 29, when more than 100 people were killed in Israeli strikes, according to civil defence figures