Israel says killed three Iranian commanders in fresh wave of strikes
Israel's military said a strike in Qom south of Tehran successfully targeted top Iranian official Saeed Izadi, in charge of...
Geostrategy
Israeli army chief warns of ‘prolonged campaign’ in Iran
"We have embarked on the most complex campaign in our history to remove a threat of such magnitude, against such...
Geostrategy
Geostrategy
Russia to open Ukraine ‘humanitarian routes’, but fears persist
Russia planned to open humanitarian corridors in Ukraine Tuesday for civilians to flee besieged cities, but Kyiv insisted the move...
- The Ukrainian military said Tuesday, nearly two weeks into the war, that Russia was ramping up its troops and equipment around the main conflict zones
- The invasion has sparked the biggest war in Europe and the continent's largest refugee crisis since World War II
Geostrategy
Yemen rebels back UN proposal for abandoned oil tanker
Yemen's Huthi rebels have signed a UN agreement hoped to help stop a rusting oil tanker in the Red Sea...
- Huthi leaders and David Gressly, the UN humanitarian coordinator for war-torn Yemen, signed a MoU on a framework to resolve the threat posed by the FSO Safer
- The United Nations proposal includes pumping the toxic cargo from the tanker to another ship, but remains dependent on raising donor cash to fund the work
Geostrategy
IAEA reports second Ukraine nuclear facility damaged
The International Atomic Energy Agency said Monday (Mar 7) it has received reports of artillery shells damaging a nuclear research...
- Communications have also been cut with small nuclear facilities in the southern city of Mariupol which is surrounded by Russian forces
- The IAEA has urged Moscow and Kyiv to agree on a plan to safeguard nuclear facilities
Geostrategy
Israeli town welcomes fleeing Ukrainian Jews
Interior minister Ayelet Shaked estimated Sunday that about 15,000 Ukrainians could reach Israel by the end of March.
- Interior minister Ayelet Shaked estimated Sunday that about 15,000 Ukrainians could reach Israel by the end of March
- Israeli Prime Minister Naftali Bennett has avoided forceful condemnation of Russia's invasion, stressing Israel's strong ties with Moscow and Kyiv
Geostrategy
Iran awaits ‘details’ of Russian demands on nuclear deal
Iran said Monday it was awaiting "details" on Russia's demands for US guarantees that could potentially delay reaching an agreement...
- Russia's Foreign Minister Sergei Lavrov said on Saturday that Moscow wants written guarantees from Washington
- The country has been slapped with wide-ranging economic sanctions by the US and the EU following its invasion of Ukraine
Geostrategy
UAE dispatches 30 tonne of aid to war-torn Ukraine
The United Arab Emirates said it flew 30 tonnes of aid and medical supplies to Poland for transportation to war-torn...
- More than 1.5 million people have fled across Ukraine's borders in over a week of attacks from air, land and sea
- The UAE last month abstained from a UN Security Council draft resolution condemning Russia's invasion
Business
Flydubai net up 76% to $229m
The Emirati budget airline carried 5.6 million passengers last year.
- Dubai, a tourism and trading hub, has since October been hosting the delayed Expo 2020 world fair, which ends on March 31
- In July 2020 Dubai became one of the world's first locations to reopen to foreign travel
Arts & Culture
Iraq’s National Museum reopens after three-year closure
Iraq's National Museum reopened Monday to visitors after a three-year closure due to the Covid-19 pandemic and political unrest.
- Treasures dating back 2,500 years to the neo-Assyrian empire alongside 9th century Islamic antiquities went back on display, including two winged bulls from the Nimrud site
- The Iraq Museum was closed three years ago "because of the demonstrations and for security reasons", said Laith Majid Hussein, the head of Iraq's antiquities authority
Economy
Aluminium, copper prices hit records on Ukraine fallout
Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne.
- Aluminium reached $4,026.50, the first time the lightweight metal had breached $4,000 per tonne
- Commodities have been red hot since Russia's assault on its neighbour, with gold on Monday back above $2,000 an ounce
Business
Australian power firm rejects green billionaire’s takeover bid
AGL Australia's largest energy company said its board had over the weekend rejected a joint bid of $8.25 (US$6) per...
- AGL Australia's largest energy company said its board had over the weekend rejected a joint bid of $8.25 (US$6) per share from Cannon-Brookes, founder of the tech firm Atlassian
- The firm said in a statement to the Australian stock exchange that the buyout proposal was still "well below the fair value of the company."
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Israel says killed three Iranian commanders in fresh wave of strikes
Israel's military said a strike in Qom south of Tehran successfully targeted top Iranian official Saeed Izadi, in charge of...
Geostrategy
Company News
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Riyadh to host Saudi’s first snooker event in 2024
London, UK - Saudi Arabia will stage its first ranking snooker event in 2024, with a prize pool of more than...
Arts & Culture
Iran fires first ship-based long-range ballistic missiles
TEHRAN, IRAN - Iran's Islamic Revolutionary Guard Corps (IRGC) said on Tuesday it has launched long-range ballistic missiles from a warship...
Geostrategy
Israel faces growing pressure over Gaza ceasefire as toll hits 28,473
CIA director William Burns met with Mossad chief David Barnea in Cairo for a new round of talks on a...
Geostrategy
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Geostrategy
Global conflicts herald ‘dangerous decade’, says military think-tank
"The current military-security situation heralds what is likely to be a more dangerous decade, characterized by the brazen application by...
- The International Institute for Strategic Studies (IISS) said in its annual "Military Balance" report that the world has entered "a highly volatile security environment",
- Elsewhere, the annual report said that Iran's supply of missiles to Houthi rebels in Yemen and drones to Russia highlighted Tehran's growing influence in conflict zones
Business
Bitcoin crosses $50,000 for first time since 2021
The cryptocurrency has enjoyed a strong run-in recent month, fueled by expectations US lawmakers would allow the creation of exchange-traded...
- After dropping in reaction to last month's green light by Washington, bitcoin has rallied about 25%
- That advance saw it hit as much as $50,328, according to Bloomberg data, its highest level since late 2021
Business
Michelin posts record operating profits
Sales at the French firm dipped last year to US$30.5bn.
- Sales by volume dropped by 4.7 percent but Michelin said this reflected its strategy of prioritizing markets and business segments
- Sales of premium and big tyres, in particular for SUVs, helped improve the company's performance, as did a drop in costs for raw materials