Tesla to build first grid-scale power plant in China
New York, United States - Tesla announced Friday that it signed an agreement to build its first grid-scale energy storage...
Economy
IAEA warns of nuclear disaster if Israel attacks Iran’s Bushehr plant
Rafael Grossi, director of the International Atomic Energy Agency (IAEA), told the UN Security Council that he has not yet...
Geostrategy
Economy
Nightmare of underage marriage for Moroccan girls
Rights groups say that marriage of girl child is widespread in remote, landlocked and marginalised areas in the country.
- Precarious livelihoods and long-held traditions in Morocco's backward areas hinder mission of spreading awareness on women's issues
Economy
Gunmen cause shutdown at two oil fields in Libya
The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a...
- The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a statement published on Facebook
- Oil revenues are vital to the economy of Libya, a country sitting on Africa’s largest known reserves
Geostrategy
Blinken says new Russia demands on Iran nuclear deal ‘irrelevant’
US Secretary of State Antony Blinken on Sunday dismissed as "irrelevant" Russian demands for guarantees that new sanctions linked to...
- The sanctions on Russia over its invasion of Ukraine "have nothing to do with the Iran nuclear deal," Blinken said on CBS talk show "Face the Nation."
- They "just are not in any way linked together, so I think that's irrelevant," he said, speaking from Moldova, a small country on Ukraine's southwest border
Economy
Brent crude nears $140 per barrel, headed towards all-time high
Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT on Sunday.
- Even if oil is technically still exempt from sanctions, Russian oil exporters are struggling to find buyers
- Shell is one of the only companies still buying Russian oil, although it said it would donate the profits to Ukrainian causes
Geostrategy
Ukraine is Europe’s ‘fastest growing refugee’ crisis since World War II
UN officials said they expected the wave of refugees to intensify further as the Russian army pressed its offensive, particularly...
- More than 1.5 million refugees from Ukraine have crossed into neighboring countries in 10 days, the UN High Commissioner for Refugees Filippo Grande said.
- WHO director-general Tedros Adhanom Ghebreyesus, also expressed grave concern at the worsening humanitarian situation.
Business
Turkey tourism industry bemoans Russia-Ukraine war
Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are...
- Within a few days of Russia's invasion of Ukraine on February 24, Ukrainians and Russians cancelled reservations for trips of Turkey
- Visitors from Ukraine and Russia made up over a quarter of all tourists who arrived in Turkey last year, tourism ministry reported
Geostrategy
Israel PM to press on with Ukraine talks, even if chances ‘not great’
Israel's premier said Sunday his country had a "moral obligation" to help stem fighting in Ukraine even if chances of...
- Prime Minister Naftali Bennett met for three hours with Russian President Vladimir Putin at the Kremlin on Saturday, before flying to Berlin to meet Chancellor Olaf Scholz
- He has not joined Western leaders in forcefully condemning the Russian invasion, instead stressing Israel's strong relations with Moscow and Kyiv
Geostrategy
Iran and IAEA sound optimistic on nuclear deal, but Russia demurs
Iran and the UN nuclear watchdog said Saturday they had agreed an approach for resolving issues crucial to reviving the...
- The announcement came shortly before Russia said it would seek guarantees from the United States before it backs the deal
- International Atomic Energy Agency (IAEA) chief Rafael Grossi said the UN agency and Iran "did have a number of important matters that we needed... to resolve"
Science
Jordan inventors use TechWorks to realize dreams
TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.
- Set up in 2018, TechWorks says its mission is ‘to plug into entrepreneurial and innovation ecosystems’ and turn ideas into reality
- Affiliated with a foundation set up by Crown Prince Hussein, it is equipped with technology such as 3D printers
Geostrategy
Russia threatens Ukraine ‘statehood’ as sanctions tighten
Since Russia's invasion 10 days ago, the economic and humanitarian toll of the war has spiraled, sending more than one...
- Russia has threatened a wider war if a no-fly zone is set up by any Western power
- Ukraine has received weapons, ammunition and funds from its Western allies
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Tesla to build first grid-scale power plant in China
New York, United States - Tesla announced Friday that it signed an agreement to build its first grid-scale energy storage...
Economy
Company News
Latest News
EU adopts fallow land exemption after farmer protests
Brussels, Belgium - The European Commission on Tuesday officially extended an exemption from contested rules to leave a share of agricultural...
Business
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...
Geostrategy
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...
Business
Most Read
Economy
COP hosts UAE, Azerbaijan, Brazil announce climate ‘troika’
The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in...
- The UAE, Brazil and Azerbaijan were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 C
- The 1.5-degree Celsius limit will probably be reached between 2030 and 2035, according to the Intergovernmental Panel on Climate Change (IPCC)
Geostrategy
Israeli air strike wounds Hizbollah official in Lebanon
Hizbollah and Israeli army have traded near-daily fire since war broke out on October 7 between Israel and the Palestinian...
- Hizbollah also said four of its fighters were killed in an Israeli strike
- Cross-border fire since the start of the Israel-Hamas war has killed at least 238 people in Lebanon
Geostrategy
UN ‘won’t be party’ to forced displacement in Gaza: spokesman
Israeli Prime Minister Benjamin Netanyahu has ordered his military to prepare for an offensive in the southern Gaza city, where...
- Israeli prime minister pledged to provide "safe passage" for civilians out of Rafah
- Guterres' spokesman said that people can't go back to areas littered with unexploded ordnance