Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb
Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...
Geostrategy
UAE top court upholds life terms for 24 convicted in mass trial
Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for...
Geostrategy
Business
Italy looks to Africa for gas to end Russia dependence
Meanwhile, Italy is also looking into buying or renting two floating storage and regasification units (FSRU) to allow it to...
- Italy is one of Europe's biggest guzzlers of gas, which currently represents 42 percent of its energy consumption, and it imports 95 percent of the gas it uses
- The government hopes to reduce those imports by accelerating the investment in renewables and has vowed to cut red tape on wind and solar farms
Geostrategy
Blinken urges Israel, Palestinians to ‘end cycle of violence’
US Secretary of State Antony Blinken has called on Israel and Palestinians to “end the cycle of violence”, amid rising...
- Recent tensions have centred on the Al Aqsa Mosque compound, Islam's third-holiest site, in Jerusalem's Old City
- Mr Blinken told Mr Lapid of the US government's “steadfast commitment” to Israel's security and condemned recent rocket attacks from Gaza
Science
India turns to dung as new energy source
Cultivating alternative energy sources is an urgent priority in India, which burns coal to meet nearly three-quarters of the energy...
- This new energy source promises to help clean up India’s smog-choked cities
- It is already providing a vital revenue stream for poor Indian farmers
Geostrategy
Yemen: New leadership council takes office in bid to end war
The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament...
- The newly formed, eight-man leadership council performed a largely symbolic swearing-in in Aden in front of members of a parliament elected in 2003.
- Yemen’s President Abed Rabbo Mansour Hadi handed over his “full powers” to the new council in a televised address on April 7
Business
Netflix reports subscriber drop
It ended Q1 2022 with fewer subscribers than Q4 2021.
- Factors hampering Netflix’s growth include subscribers sharing accounts with people not living in their homes
- Another factor crimping Netflix’s growth is the intense competition from titans such as Apple and Disney
Economy
Oil stabilizes after big drop on IMF growth cut
Asian markets were flat on Wednesday as oil began clawing its way back up from a big drop after the...
- Energy prices are surging, debt levels are rising and shortages remain acute, the IMF noted.
- Multiple crises including the Ukraine war and coronavirus pandemic fuel an acceleration of inflation
Geostrategy
Libya’s energy sector paralyzed as second oil export terminal is shut
The suspension of operations at Brega terminal, which has an export capacity of 60,000 barrels per day, follows a force...
- Force majeure, a legal move, allows parties to free themselves from contractual obligations when factors such as fighting make meeting them impossible.
- Oil installations have often been attacked or blockaded by armed groups who hold sway in Libya.
Geostrategy
Biden has ‘no plans’ to visit Ukraine: W.House
A string of European leaders have made the trip to Kyiv and met with Zelensky.
- A string of European leaders have made the trip to Kyiv and met with Zelensky
- Zelensky said: "I think he's (Biden) the the leader of the US and that's why he should come here to see."
Geostrategy
Iraq ‘green belt’ neglected in faltering climate fight
Envisioned as a lush fortress against worsening desertification and sand storms, the "green belt" of Iraq's Karbala stands as a...
- Sixteen years after its inception, only a fraction of the 76-kilometre (47-mile) crescent-shaped strip of greenery has materialized.
- Eucalyptus, olive groves and date palms first took root in 2006 as part of a plan for tens of thousands of trees to form a green protective shield around Karbala.
Geostrategy
US firm on nuclear accord as Iran casts blame
US officials warned that Iran's advances could eventually make a return to the JCPOA pointless.
- US officials warned that Iran's advances could eventually make a return to the JCPOA pointless
- Foreign ministry of Iran said that more than one issue was pending between Iran and US
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Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb
Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...
Geostrategy
Company News
Latest News
KPMG to merge UK, Swiss ops
Business
Body of Israeli soldier killed in Hamas attack held in Gaza, say campaigners
JERUSALEM - An Israeli soldier seized by Hamas fighters during their October 7 attack was killed the same day and...
Geostrategy
US says talks came to ‘understanding’ on possible Gaza truce
"Representatives of Israel, the United States, Egypt, and Qatar met in Paris and came to an understanding among the four...
Geostrategy
Africa’s largest mosque inaugurated officially in Algeria’s capital
The vast mosque, which can hold 120,000 worshippers, first opened for prayers in October 2020, but President Abdelmadjid Tebboune was...
Arts & Culture
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Economy
Qatar to ramp up gas output with new mega field expansion
At the start of this month, Qatar said it would supply 7.5 million tonnes of LNG per year for 20 years...
- The expansion, will add a further 16 million tons of LNG per year to existing expansion plans
- Qatar is one of the world's top LNG producers alongside the United States, Australia and Russia
Geostrategy
Trump notches up another win in race for Republican nomination
Trump completed a sweep of the first four major nominating contests, converting a year of blockbuster polls into a likely...
- US president Joe Biden reacted to the South Carolina result with a brief written statement warning Americans of "the threat Donald Trump poses to US future"
- Trump had won Iowa by 30 points and New Hampshire by 10, while a dispute in Nevada led to the real estate tycoon running unopposed in the first official contest in western US
Geostrategy
G7 vows more Russia sanctions after virtual talks on Ukraine
In a statement after the meeting, which Ukrainian President Volodymyr Zelensky also attended, the leaders vowed to "raise the cost"...
- G7 expressed concern about the transfer by Chinese businesses of weapon components
- The group demanded that Russia "fully clarify the circumstances" around the death of Alexei Navalny