US envoy says France can ‘carve’ Palestinian state out of Riviera
Jerusalem, Undefined - The US ambassador to Israel Mike Huckabee has lashed out at France's advocacy for recognition of a...
Geostrategy
Saudi FM says blocking of West Bank delegation shows Israeli rejection of peace process
Ministers from Saudi Arabia, Egypt, Jordan and Bahrain, along with the Arab League chief, had planned a trip to the...
Geostrategy
Economy
IMF board meets with Georgieva amid data manipulation probe
The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured...
- The investigation by law firm WilmerHale released last month found that during Georgieva’s time as World Bank CEO, she pressured staff into changing data to China's benefit
- The World Bank has since scrapped the report that ranked nations based on their investment climate
Geostrategy
French police cause misery for migrants in Calais: HRW
Calais has for years been a rallying point for migrants from the Middle East, Asia and Africa trying to smuggle...
- Police are routinely tearing down their tents and forcing them to wander the streets as part of a deterrence policy, the rights body said.
- Last week, the interior ministry ordered the eviction of a camp housing 400 migrants near a hospital in Calais.
Turkey parliament ratifies Paris climate agreement
Nearly 200,000 hectares (around 480,000 acres) of forest have been scorched in Turkey this year -- more than five times...
- The vote followed President Recep Tayyip Erdogan's announcement at the UN General Assembly in September that Turkey would implement the accord
- Turkey has felt the full force of climate change, with a rapid succession of floods and wildfires killing some 100 people in July and August
Business
Saudi to lift ban on Qatar’s beIN Sports: source
Saudi Arabia banned the major broadcaster, which holds the rights to the English Premier League (EPL) and other top competitions,...
- Riyadh was seeking to settle Qatar's $1 billion arbitration claim over pirate broadcasts to Saudi audiences by the BeoutQ network
- Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut ties with Doha over allegations it supported extremists and was too close to Iran
Geostrategy
Iran expects nuclear talks in Vienna to restart within days
The deal, which gave Iran sanctions relief in return for curbs on its nuclear programme, has been on life support...
- The deal, which gave Iran sanctions relief in return for curbs on its nuclear programme, has been on life support since 2018
- US President Joe Biden has signalled a willingness to return to the deal, but his Secretary of State Antony Blinken warned last week that time was running out
Geostrategy
Algeria tells France to ‘decolonize its history’ in new spat
Algerian reaction followed Macron’s comments last week in which he said Algeria’s post-independence “political-military system” had “totally re-written” the country’s...
- Algerian reaction followed Macron’s comments last week in which he said Algeria’s post-independence “political-military system” had “totally re-written” the country’s history
- Algeria over the weekend recalled its ambassador from Paris and banned French military planes from its airspace
Business
Whistleblower urges regulation to tackle FB ‘crisis’
Ex-employee Frances Haugen has fueled one of Facebook's most serious crises yet and prompted a denial from CEO Mark Zuckerberg.
- Haugen testified on Capitol Hill after she leaked reams of internal research to authorities and The Wall Street Journal.
- A senator said she sees the whistleblower disclosures as the long-needed push to get Congress moving.
Economy
Natural gas market soars to record heights
Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per...
- Europe's reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per therm in morning deals
- Soaring gas prices -- coupled with oil which has struck multi-year highs -- have fuelled fears over spiking inflation and rocketing domestic energy bills
Economy
IMF: Global inflation nearing peak, stabilizing next year
The full report will be published next Tuesday and updates the estimates the IMF made in July, when it predicted...
- In its latest forecast, the IMF pointed to commodity shortages, supply chain snarls and the resumption of economic activity
- Among emerging and developing economies, the institution predicts inflation will decline to four percent from the 6.8 percent peak it will hit later this year
Economy
Thousands of Gazans apply for Israeli work permits
The total number of permits being granted by Israel to Palestinian labourers in Gaza is 7,000.
- The total number of permits being granted by Israel to Palestinian labourers in Gaza is 7,000.
- The impoverished territory of two million inhabitants with an unemployment rate of about 50% has been blockaded by Israel for nearly 15 years
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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
US envoy says France can ‘carve’ Palestinian state out of Riviera
Jerusalem, Undefined - The US ambassador to Israel Mike Huckabee has lashed out at France's advocacy for recognition of a...
Geostrategy
Company News
Binance selling Russia business
Business
Latest News
Hamas says Israeli shelling leaves 60 dead in Gaza
Health officials in Hamas-ruled Gaza said that Israeli strikes overnight killed at least 60 people in the besieged territory, which...
Geostrategy
Turkey bombs ‘terrorist targets’ in Iraq and Syria
The Turkish ministry said the strikes had targeted 29 locations including "caves, bunkers, shelters and oil installations" belonging to the...
US sanctions Hong Kong, UAE firms over Houthi support
The move comes hours after US and UK forces launched strikes against the Houthi rebels, seeking to halt their repeated...
Most Read
Oil prices rise on Red Sea escalation, corporate earnings season
Crude prices spiked more than four percent before ebbing somewhat after the allies launched deadly strikes following weeks of disruptive...
- In Friday trade, the Dow dipped while the S&P 500 edged higher as investors digested corporate earnings and a surprise drop in wholesale inflation
- Leading banks were mostly lower following a deluge of quarterly results, while airlines were hammered after Delta's forecast disappointed investors
Yemen rebels: US, UK interests ‘legitimate targets’ after strikes
Britain, the United States and eight allies said the strikes aimed to "de-escalate tensions". But Iran and other governments condemned...
- The barrage of strikes early on Friday against the Houthis, who say they are acting in solidarity with Gaza, stoked fears of the Israel-Hamas war spreading across the region.
- Violence involving Iran-aligned groups in Yemen, Lebanon, Iraq and Syria has surged since the war in Gaza began in early October
Geostrategy
India finds apparent wreckage from 2016 military plane crash
New Delhi, India - India said on Friday it had likely found wreckage from an Indian Air Force transport plane that...
- Russian-built Antonov An-32 was carrying service personnel and six crew members during a routine courier service to Andaman and Nicobar Islands in 2016.
- An IAF source told AFP in 2016 that radar data from the missing aircraft showed it making a sharp left turn before rapidly losing altitude.