BBC launches US paid subscription to news website
London, United Kingdom - The BBC, Britain's public broadcaster that is struggling with strained finances, on Thursday launched a paid...
Business
WHO delivers its first medical aid to Gaza since March 2
The shipment of supplies, plasma and blood will be distributed among hospitals in the Palestinian territory in the coming days,...
Geostrategy
Arts & Culture
Tunisia TV series sets off feverish polygamy debate
A Ramadan TV series dealing with polygamy has sparked a heated debate in Tunisia, an Arab pioneer in women's rights...
- "Baraa" has also been criticized by rights activists and secular politicians for its portrayal of customary "orfi" marriage
- The series, aired at prime time after observant Muslims break their daytime fast, has sparked a backlash on social media
Arts & Culture
Where Paris hides some of its best art
The Paris contemporary art scene has partly got its mojo back thanks to a slew of new museums, including the...
- France sells more art than any country apart from the United States -- 91,692 works last year, according to Artprice, an analysis firm.
- It still turns over less cash than China and Britain, though it is closing the gap with its northern neighbor and surpassed $1 billion in auction sales for the first time in 2021.
Economy
Yen slides to 20-year low against dollar
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap...
- Despite being traditionally considered a safe-haven currency, uncertainty fueled by the war in Ukraine has not caused the yen to strengthen
- Government spokesman Hirokazu Matsuno said "the stability of exchange rates is important and we see rapid currency moves as undesirable"
Business
Iran sees windfall in Qatar World Cup
Iran is hoping to host visitors flocking to nearby Qatar for the 2022 World Cup finals, with officials boosting flights...
- "The Qataris are very interested in using Iran's infrastructure in the 2022 World Cup," Transport Minister Rostam Ghassemi told reporters on Tuesday
- Visitors could apply for free single or multi-entry passes for 20 days during those two months
Economy
IEA lowers world oil demand outlook on China lockdowns
Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its...
- Rich countries have agreed to tap an additional 120 million barrels of oil from emergency reserves, with half from the United States.
- Prices fell below $100 in recent days as severe lockdowns in Shanghai raised concerns that crude demand from China would fall.
Ukraine crisis pushes US inflation to new four-decade high
"The Russia-Ukraine war has added further fuel to the blazing rate of inflation," Kathy Bostjancic of Oxford Economics said.
- Consumer price index has hit 8.5 percent over the 12 months to March, considered the biggest jump in last 4 decades
- Central bank Governor said that fall of Ukraine war "probably skews risks to the upside in inflation"
Geostrategy
Biden accuses Putin’s forces of ‘genocide’ in Ukraine
President Joe Biden for the first time Tuesday accused Vladimir Putin's forces of committing genocide in Ukraine, where Russia was...
- "Yes, I called it genocide," Biden told reporters, hours after employing the term during a speech in Iowa -- its first use by a member of his administration
- Biden's accusation came as Moscow was feared to be readying a massive onslaught across Ukraine's east that Washington warned might involve chemical weapons
Economy
Ferries resume between Morocco and Spain
A Spanish ferry docked in Morocco's Tangiers port Tuesday for the first time in two years, after a pandemic and...
- Spain and Morocco reopened ferry links days after Spanish Prime Minister Pedro Sanchez visited the North African kingdom
- The busy, 14-kilometre (nine-mile) route across the Strait of Gibraltar had originally been shut in March 2020
Geostrategy
Man in gas mask shoots 10 people on Brooklyn subway; terrorism ruled out
A man in a gas mask shot 10 people on a packed New York subway train during rush-hour on Tuesday,...
- There were 40 to 50 passengers inside the coach at the time of the incident and they began crowding towards the front
- The NYPD has urged people to stay clear of the area, urging witnesses to contact a tip line with any information
Economy
Sri Lanka declares $51 bn foreign debt as economic crisis worsens
Sri Lanka's snowballing economic crisis began to be felt after the coronavirus pandemic torpedoed vital revenue from tourism and remittances.
- Acute food and fuel shortages, as well as long daily electricity blackouts, have brought widespread suffering to the country's 22 million people.
- The government has struggled to service foreign loans and Tuesday's decision comes ahead of negotiations for an International Monetary Fund bailout.
Most Read
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
BBC launches US paid subscription to news website
London, United Kingdom - The BBC, Britain's public broadcaster that is struggling with strained finances, on Thursday launched a paid...
Business
Company News
Latest News
Russian oil price cap partially successful
Geostrategy
Dow, S&P 500 hit fresh records, but Nasdaq ticks lower
The tech-rich Nasdaq slipped by 0.3 percent to 15,996.82 -- a day after surging by 3.0 percent following strong earnings...
Netanyahu plan for post-war Gaza draws US criticism
The plan lays out that, even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza...
Geostrategy
New Delhi confirms few Indians involved with Russian army
New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...
Geostrategy
Most Read
Geostrategy
Expelled from France, imam vows to challenge decision in court
Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...
- Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary"
- He was expelled on the charges of giving a sermon that had "retrograde, intolerant and violent" image of Islam
Science
American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
- The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.
- Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.
Business
AI in focus as world’s biggest mobile fair gets underway in Spain
Barcelona, Spain - The world's biggest mobile phone fair throws open its doors in Barcelona Monday with the sector looking to...
- Phone makers are expected to focus on the unique AI-powered tools of their latest handsets at the four-day Mobile World Congress in Barcelona
- Telecoms operators will use the event to explore how AI can help improve their operations, from boosting security to providing better customer service