China calls CIA videos ‘absurd’ attempt to recruit spies for America
China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
Geostrategy
Iran says not seeking nuclear weapons but will assert ‘legitimate rights’
As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told...
Geostrategy
Business
Saudi deposits $5bn in Egypt, plans to invest double: State media
The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10...
- The announcements come as the North African country enacts a slate of financial measures to mitigate the economic fallout of Russia's invasion of Ukraine.
- As the world's largest importer of wheat, Egypt relied on the two countries for 85 percent of its supply, as well as 73 percent of its sunflower oil.
Geostrategy
Political will, pandemic weigh on two weeks of talks to save nature
The world is facing catastrophic declines in animals and plants that pose a twin threat to life on Earth with...
- The talks in Geneva produced a draft biodiversity framework for living "in harmony with nature" by mid-century.
- The delegates representing nearly 200 nations -- although not the United States -- agreed to hold new negotiations in Nairobi in June.
Business
Evergrande to sell stake
The developer would sell the Crystal City Project in Hangzhou for 3.66 bn yuan.
- Its total liability is now $300 billion as the company has struggled to repay its investors and bondholders.
- The company has said said it would finish projects and deliver them to buyers in a desperate bid to salvage its debts.
Arts & Culture
Opponents bury FIFA’s biennial World Cup campaign
The biennial World Cup has been left off the agenda of FIFA Congress in Doha, with only changes to the...
- An idea to enlarge Europe's League of Nations to take in South American countries has also been mooted.
- FIFA launched a massive campaign to persuade its members that a World Cup every two years would bring them extra cash and prestige.
Geostrategy
Sudan’s de-facto leader Burhan in first post-coup visit to Egypt
Sudan's de facto leader General Abdel Fattah al-Burhan on Wednesday started his first official visit to Egypt since last year's...
- Sudan has been reeling from political turmoil since Burhan led an October 25 military coup which drew international condemnation and sparked aid cuts.
- At least 92 people have been killed in a crackdown on anti-coup protests since October, according to medics.
Business
Hackers steal over $600m in major crypto heist
Sky Mavis, maker of battle and trading game Axie Infinity, discovered the security breach on Tuesday, March 23, after a...
- Ronin Network, investigating the hack, said the attack targeted its blockchain and netted 173,600 ether and $25.5 million worth of stablecoin
- The digital cash heist was initially valued at $545 million, but reached the value of $615 million based on prices on Tuesday, March 30
Geostrategy
Russia says will scale down Kyiv offensive; Ukraine, West sckeptical
Vladimir Putin’s pledge to scale down military activity was met with skepticism in Ukraine and Western capitals, with the Pentagon...
- Russia and Ukraine called talks in Istanbul ‘meaningful’ and ‘positive’, in sharp contrast to previous rounds
- This raised hopes after more than a month of war in Ukraine that has killed thousands and displaced millions
Economy
Muslims face frugal Ramadan as Ukraine war drives up food prices
Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations...
- Russia and Ukraine account for a huge share of the globe's exports in several major commodities such as wheat, vegetable oil and corn
- The disruption in export flows resulting from Russia's invasion and international sanctions has spurred fears of a global hunger crisis
Economy
Russia accused of causing ‘global food crisis’ at UN
'Russia's aggression against Ukraine is increasing the risk of famine around the world,' France's representative to the UN said.
- Russian President Vladimir Putin can stop the global food crisis, US Deputy Secretary of State Wendy Sherman told the Security Council
- According to WFP, Russia and Ukraine export 30% of the world's wheat, 20% of corn, and 75% of sunflower oil
Business
Ericsson board censured for graft
Shareholders sanctioned it for alleged payments to terror groups.
- Ericsson has been under scrutiny after a media investigation coordinated revealed that an internal probe from 2019 was never made public
- The internal probe had identified possible corruption in 2011-2019 in the group's Iraqi operations, including the potential payment of bribes
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China calls CIA videos ‘absurd’ attempt to recruit spies for America
China's Ministry of State Security (MSS) said the placement of what amounted to job advertisements on social media platform X...
Geostrategy
Company News
Latest News
WHO shifts 32 patients out of ‘indescribable’ Gaza hospital
Geneva, Switzerland - The World Health Organization said on Tuesday it had transferred 32 patients out of the besieged Nasser Hospital...
Geostrategy
UN pauses aid in Gaza after food convoy attacked and looted
The World Food Program (WFP) resumed deliveries on Sunday after a three-week halt but its convoy "faced complete chaos and...
Geostrategy
Global operation smashes ‘most harmful cyber crime group’
LONDON, UK - An international operation led by UK and US law enforcement has severely disrupted "the world's most harmful cybercrime...
Geostrategy
Most Read
Business
Wind-powered Dutch chemical tanker sets sail for greener future
Rotterdam, Netherlands - The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping...
- The MT Chemical Challenger, a 16,000-ton chemicals transporter set sail from Antwerp for Istanbul on Friday, and will undergo sea trials along the way
- "As an avid sailor myself, I have been thinking for a long time how we can make our industry more sustainable," said Niels Grotz, chief executive of Chemship
Geostrategy
Israeli apartheid against Palestinians worse than in S.Africa: Pretoria
"We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the...
- The South African representative said, "It is clear that Israel's illegal occupation is also being administered in breach of the crime of apartheid."
- He said South Africa had a "special obligation" to call out apartheid wherever it occurs and ensure it is "brought to an immediate end"
Business
Walmart to buy TV maker Vizio
The acquisition of the TV maker is worth $2.3 billion.
- With the all-cash purchase, the US shopping behemoth gains access to Vizio's more than 18 million accounts.
- Vizio is known for what Walmart called "immersive entertainment" through a "customer-centric platform".