Trump says US will allow sale of Nvidia AI chips to China
Washington, United States - President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow...
Business
US-Israel-Qatar meeting seeks to salvage Gaza peace deal amid strain over Israeli strike on Doha
Axios also reported White House envoy Steve Witkoff hosted the meeting, with Mossad spy chief David Barnea representing Israel and...
Geostrategy
Amazon set for launch of its first batch of Starlink-rival satellites
Washington, United States -- After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first...
- The mission, called Kuiper Atlas 1, is scheduled to lift off from Cape Canaveral Space Force Station in Florida at 7:00 pm local time (2300 GMT).
- The $10 billion initiative plans to deploy 3,200 satellites into low Earth orbit -- the region of space up to 1,900km above the planet.
Geostrategy
China says on ‘right side of history’ in trade standoff with US
Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading...
- The US, China said, "play cards out of thin air, bully and go back on their word", condemning Washington's "unilateralism and bullying."
- Beijing, however, has vowed to fight a trade war "to the end" and denied US claims it is in talks with Washington
Geostrategy
Trump thinks Zelensky ready to give up Crimea to Russia
US President Donald Trump said he believed Ukrainian President Volodymyr Zelensky was ready to concede Crimea to Russia as part...
- Trump also stepped up pressure on Vladimir Putin, saying the Russian president should "stop shooting" and sign an agreement to end the grinding war
- Trump's comments came a day after he met Zelensky during the funeral of Pope Francis, breaking the ice after a major row between the US and Ukrainian leaders at the White House
Geostrategy
Khamenei orders probe into port blast as Iran’s nuclear talks, regional tensions simmer in background
The New York Times quoted a person with ties to Iran's Islamic Revolutionary Guard Corps, speaking on condition of anonymity...
- His instructions came after President Masoud Pezeshkian visited the blast scene in Shahid Rajaee Port near the strategic Strait of Hormuz
- Defence ministry spokesman Reza Talaei-Nik later told state TV that "there has been no imported or exported cargo for military fuel or military use in the area."
Business
Mohamed Salah: Liverpool’s Egyptian King
Salah's tally of 185 goals in the English top flight is the joint fifth highest in Premier League history and...
- The 32-year-old has scored 28 goals and provided 18 assists so far as Liverpool equalled Manchester United's record of 20 English top-flight titles on Sunday
- His combined total of 46 goals and assists is a new Premier League record for a 38-game season and the all-time mark of 47 looks likely to fall before the season is out
Business
Screens, drones, massages: Shanghai flaunts the future of cars
Shanghai, China -- At the huge Auto Shanghai industry show this week, the chatter was less about powerful engines and...
- Chinese consumers place more value on interior comfort compared to other markets, according to European carmakers.
- Visitors at Auto Shanghai queued to sit in luxurious minivans with chrome radiator grilles and reclining rear seats.
Geostrategy
Qatar Prime Minister sees some progress on Gaza truce
"We need to find an answer for the ultimate question: how to end this war. That's, that's basically, I think,...
- The initial phase of the truce ended in early March, with the two sides unable to agree on the next steps. Israel resumed air and ground attacks across the Gaza Strip on March 18.
- Hamas is open to an agreement to end the war that would see all hostages released and secure a five-year truce, an official told AFP as the group's negotiators met in Cairo.
Geostrategy
Saudi Arabia and Qatar to settle Syria’s World Bank debt
Riyadh, Saudi Arabia -- Saudi Arabia and Qatar announced on Sunday that they would settle Syria's debt to the World...
- Both Gulf states have played a key role in the diplomatic outreach to Syria's new rulers since the ouster of longtime strongman Bashar al-Assad in December.
- The statement came just days after Syria's central bank governor and finance minister attended the IMF and World Bank spring meetings for the first time in more than 20 years.
Geostrategy
Massive explosion at Iran’s Shahid Rajaee Port kills 18, injures 800
Although the cause of the blast was not immediately clear, the port's customs office said in a statement carried by...
- The NYT, quoting a person with ties to the Revolutionary Guard, reported that what exploded was sodium perchlorate, a major ingredient in solid fuel for missiles.
- "The intensity of the fire in Shahid Rajaee Port has increased and it is possible that the fire could spread to other areas and containers," state TV said late Saturday.
Business
‘Something new for the honey market’: Austria trials DNA testing to uncover fraud
Voels, Austria -- At a laboratory in Austria's mountainous Tyrol province, scientists are DNA testing about 100 honey samples a...
- With fake honey flooding markets, and only a few European laboratories running such analysis, the small Austrian company Sinsoma began offering the tests two years ago.
- Between 2021 and 2022, 46 percent of the honey tested under an EU investigation as it entered the bloc was flagged as potentially adulterated, up from 14% in the 2015-17 period.
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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
Trump says US will allow sale of Nvidia AI chips to China
Washington, United States - President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow...
Business
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Arts & Culture
Netanyahu apologizes to Qatar, promises no new strike, US says
Israeli Prime Minister Benjamin Netanyahu, calling Qatar's prime minister from the White House on Monday, apologized for strikes against Hamas...
Geostrategy
Electronic Arts to be bought by PIF-led consortium for $55 bn
Washington, United States -- Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by...
Business
Trump ‘very confident’ of Gaza deal as he hosts Netanyahu
He repeated "very confident" when asked if all parties were on board with the 21-point plan to end the nearly two-year...
Geostrategy
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Geostrategy
Hamas urges Israel to halt strikes as it searches for two hostages
Hamas's armed wing urged the Israeli military to temporarily halt air strikes and withdraw from part of Gaza City on...
- In an earlier announcement, the armed group said the loss of contact was due to Israeli military operations over the previous 48 hours in two southern Gaza City neighbourhoods
- In the past, the Islamist movement announced that it had lost contact with an Israeli-American hostage, who was released a few days after that announcement
Geostrategy
‘We’ll be ruined’: Iranians feel strain as sanctions snap back
Tehran, Iran -- As United Nations sanctions returned in full force on Sunday, Iranians felt the strain deepen, with prices...
- Tehran's foreign ministry urged other countries to refrain from enforcing the sanctions, vowing to "defend its national rights and interests".
- The impact on prices was visible as the rial plummeted to a new low in an already squeezed economy, leaving many struggling to make ends meet.
Geostrategy
Netanyahu to meet Trump as Israel faces isolation over Gaza war
The meeting comes days after Trump unveiled a 21-point plan aimed at ending the war in the Palestinian territory during...
- On Sunday, Trump hinted at "something special" to come in Middle East talks, adding in a post on his Truth Social platform: "WE WILL GET IT DONE!!!"
- "He has no other choice but to accept" Trump's plan for a ceasefire, said Eytan Gilboa, an expert on US-Israel relations at Israel's Bar-Ilan University.