US halting some shipments of military aid to Ukraine
The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...
Geostrategy
Eight-country coalition aims to tax luxury air travel
Seville, Spain -- Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on...
Business
Geostrategy
Erdogan opposes NATO membership for Finland, Sweden
President Recep Tayyip Erdogan on Friday said Turkey did not have a “positive opinion” on Finland and Sweden joining NATO,...
- The leader of NATO-member Turkey spoke ahead of expected confirmations from the Nordic nations on Sunday
- Turkey has long accused Nordic countries, especially Sweden which has a strong Turkish immigrant community, of harboring extremist Kurdish groups
Science
China pulls no punches to beat Covid
Leaving a fine mist of disinfectant in their wake, China's hazmat-clad health workers are cleaning homes, roads, parcels and even...
- China is tied to a zero-Covid strategy, wielding snap lockdowns, mass testing and lengthy quarantines as part of unrelenting efforts to quash virus outbreaks
- The sight has become one of the most visual expressions of China's zero-Covid policy
Business
Ukraine’s key IT sector booming despite Russian invasion
Ukraine's IT sector is booming despite the Russian invasion. Workers with stickers on their laptops recline on beach chairs outside...
- companies transferred servers to secure locations and established back-up systems outside the country before Russia invaded on February 24
- When Russian bombing started, IT companies shut offices in the capital Kyiv and eastern city of Kharkiv
Geostrategy
US tells ASEAN leaders committed ‘for generations’
President Joe Biden on Friday promised a long-term commitment to Southeast Asia in the face of China's growing clout as...
- A region that "is free and open, stable and prosperous, and resilient and secure is what we're all seeking," Biden told ASEAN leaders
- Indonesia, the host of 20 summit has invited Russian and Ukraine's president despite US calls to shun Putin
Geostrategy
US ‘working to clarify Turkey’s position’ on NATO enlargement
Washington is "working to clarify Turkey's position" after President Recep Tayyip Erdogan expressed opposition to Finland and Sweden joining NATO,...
- Pentagon spokesman John Kirby likewise said the United States is working to "better understand" Ankara's stance
- Erdogan told journalists on Friday that "we do not have a positive opinion" about the two countries joining the alliance
Geostrategy
EU hikes military aid for Ukraine as NATO expansion faces roadblocks
Europe pledged another half billion dollars in military support for Kyiv on Friday as Sweden and Finland's moves toward joining...
- Fighting between Russian and Ukrainian troops continued along the long front in the Donbas
- US Secretary of Defense Lloyd Austin and Russian Defense Minister Sergei Shoigu meanwhile spoke directly
Business
Musk sends mixed messages on Twitter deal, pressuring shares
Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, pressuring shares of the microblogging platform amid skepticism on...
- Chief Executive Parag Agrawal took to the platform to explain moves earlier this week to shake up company leadership and freeze most hiring
- "While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter," Agrawal said
Business
Bonfire of bitcoin: Why crypto assets are tumbling
The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly two trillion...
- Fears about rampant inflation and the abrupt ending of the era of cheap money have sent cryptocurrencies careering down a cliff edge, says an expert.
- Bitcoin's price at one stage plummeted to $25,500 -- less than half of its record price in November last year and the lowest valuation since it exploded at the end of 2020.
Business
Lebanese activists launch ‘lollar’ currency
Lebanese activists Friday rolled out mock banknotes featuring paintings of a gutted central bank or the Beirut port explosion to...
- The collapse of the Lebanese pound and frozen bank accounts have left Lebanon with a confusing currency system
- The dollars stuck in accounts that citizens can only withdraw in Lebanese pounds at a fraction of their original value are known locally as "lollars"
Business
Asian equities gain after turbulent week of trading
Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained...
- The Federal Reserve last week announced its largest rate hike since 2000 to slow surging inflation and signaled that similar increases were likely in the coming months
- Cryptocurrencies also saw great volatility this week
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US halting some shipments of military aid to Ukraine
The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...
Geostrategy
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Gaza truce talks set to resume in Cairo as heavy fighting rages
The Hamas official said that if Israel were to meet its demands -- which include a military withdrawal from Gaza...
Geostrategy
Israeli strike near Gaza’s Rafah hospital kills 11
A paramedic was among those killed and children were wounded in the blast close to the Emirati Maternity Hospital, ministry...
Geostrategy
Trump wins vote in 3 states, edging toward nomination
The voting Saturday in Missouri, Michigan and Idaho were hybrid internal elections with differing rules, in some cases reflecting rifts...
Geostrategy
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Geostrategy
Israelis take to streets to demand release of hostages
As the peaceful demonstration was underway in Jerusalem, a senior US official said a truce deal which may see hostages...
- Netanyahu's government has faced mounting calls to bring home the 130 captives
- In almost five months of Israel's war on Gaza at least 30,320 people have been killed
Geostrategy
Israel accepts ceasefire deal with Hamas: US official
A senior US official told reporters that the framework agreement envisages a six-week cessation of hostilities, which could begin immediately...
- The announcement came after US military cargo planes dropped aid into Gaza
- The UN has warned of famine in Gaza as Israel killed more than 100 people collecting food
Geostrategy
US military begins dropping aid into war-torn Gaza
Israel's top ally the United States said it began air-dropping aid into war-ravaged Gaza, as the Hamas-ruled territory's health ministry...
- It also comes as negotiations continue for a ceasefire between Israel and Hamas in the Gaza Strip.
- US Central Command said the operation was conducted together with Jordan and saw planes drop “over 38,000 meals along the coastline of Gaza.”