Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid
The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
Geostrategy
Egypt to host emergency Arab summit on Palestinians: foreign ministry
Cairo, Egypt -- Egypt will host a summit of Arab nations on February 27 to discuss "the latest serious developments" concerning...
Geostrategy
Geostrategy
Trump wins White House in stunning comeback
The polarizing Republican's win, following one of the most hostile campaigns in modern US history, was all the more remarkable...
- As supporters chanted "USA!", the 78-year-old added that his "magnificent" win would "allow us to make America great again
- World leaders swiftly pledged to work with Trump, led by Israel and Ukraine where the course of raging conflicts could depend on the new presiden
Geostrategy
Republicans seize control of US Senate: networks
Republicans wrested the US Senate from Democratic control, ending four years in the minority, in its quest to dominate every...
- Republicans reversed the Democrats' 51-49 Senate advantage with at least 51 seats and counting
- If Republicans win all of the toss-up races, they'll end the election with 55 of the 100 seats
Geostrategy
Netanyahu sacks defense minister Gallant over differences on Gaza
Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...
- Netanyahu and Gallant have frequently clashed over Israel's military offensive against Hamas following the Palestinian militant group's attack on Israel on October 7 last year
- Israel's campaign has killed 43,391 people in Gaza, a majority of them civilians, according to Gaza health ministry figures which the United Nations considers to be reliable
Business
Saudi Aramco’s quarterly profit drops 15% on low oil prices
Riyadh, Saudi Arabia -- Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third-quarter profit on Tuesday, citing prices...
- The fall in net income to $27.56bn from $32.58bn in 2023 is the seventh consecutive quarterly drop for Aramco, one of the world's biggest companies by market capitalization.
- Aramco is the chief source of revenue for Crown Prince Mohammed bin Salman's Vision 2030 reform agenda, which aims to remodel the Gulf kingdom's crude-reliant economy.
Economy
Most Asian markets rise ahead of toss-up US election
Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
- Uncertainty about the outcome led to warnings that investors could be in for a period of volatility
- Wall Street's three main indexes ended in the red
Economy
Eight OPEC+ members extend oil supply cuts until year end
Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...
- Persistent downside pressure on oil prices due to sluggish Chinese and weakening global demand outlook
- "The US presidential election will have a significant impact on the oil market"- Analyst with Rystad Energy
Geostrategy
Israel escalates strikes in Lebanon, Gaza as Netanyahu visits Northern Border, and Hezbollah claims missile attack
Israel intensifies airstrikes across Lebanon and Gaza, escalating cross-border violence as Netanyahu urges troops to push Hezbollah back and prevent...
- Netanyahu's visit came after an air strike killed at least three people near the southern Lebanon city of Sidon,, and as more bombs hit the country's east
- Iran's President Masoud Pezeshkian on Sunday said a potential ceasefire with its allies Hamas and Hezbollah "could affect the intensity and type of our response."
Geostrategy
B-52 bombers arrive in Middle East: US military
Washington, United States -- American B-52 bombers have arrived in the Middle East, the US military said Saturday, a day after...
- "B-52 Stratofortress strategic bombers from Minot Air Force Base's 5th Bomb Wing arrived in the US Central Command area of responsibility," the military said.
- The United States announced on Friday evening that it was sending the bombers, fighter and tanker aircraft and ballistic missile defense destroyers to the Middle East.
Geostrategy
Pro-Palestinian protesters take Israel sculptures from UK university
London, United Kingdom -- A pro-Palestinian group took two sculptures of Israel's first president from a UK university in a protest marking...
- "Today, Palestine Action have marked 107 years since the Balfour Declaration, by taking two sculptures of Israel's first president, Chaim Weizmann," the protest group said.
- Palestine Action also sprayed the London office of charity Jewish National Fund (JNF) with red paint.
Geostrategy
Lebanon accuses Israel of truce rejection after deadly Beirut strikes and growing Gaza crisis
A US-brokered plan reportedly under consideration would see Hezbollah pull back 30 kilometres (20 miles) from the border, north of...
- The strikes on Lebanon came a day after Israeli Prime Minister Benjamin Netanyahu met US officials to discuss a possible deal to end the war against Hezbollah
- In Gaza, where Israel has been engaged in a major offensive in the north for nearly a month, a Hamas official said the Palestinian group had rejected short-term truce
Egypt to present ‘vision’ for Gaza reconstruction without displacement amid Trump threat to halt aid
The statement came a day after US President Donald Trump said he could "conceivably" halt aid to Egypt and Jordan...
Geostrategy
Company News
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Boeing to boost 787 production
Business
Biden cancels $4.28 bn more in student debt before leaving office
Washington, United States -- US President Joe Biden said Friday he was canceling student loans for an additional 55,000 Americans, which...
Geostrategy
Honda and Nissan in merger talks as electric vehicle competition intensifies
Tokyo, Japan --Japanese auto giant Honda and its struggling rival Nissan will reportedly begin talks on a merger to boost their...
Business
Turkey, Iran leaders at Cairo summit urge action to address Gaza, Syria crises
Cairo, Egypt -- The leaders of Turkey and Iran were in Egypt on Thursday for a summit of eight Muslim-majority countries,...
Geostrategy
Most Read
HRW accuses Israel of ‘acts of genocide’ for restricting Gaza water access
Human Rights Watch (HRW) accused Israel of committing "acts of #genocide" in the Gaza Strip by damaging water infrastructure and...
- "Systematic nature" to deprive Gazans of water has "likely caused thousands of deaths"- HRW
- Israel also cut electricity supplies, attacked repair workers and blocked imports of repair materials
Geostrategy
UN urges ‘free and fair’ elections in Syria post-Assad ouster amid ongoing challenges
Turkey's Foreign Minister warned Syria's new government to address Kurdish militancy, signaling potential intervention if unresolved with tensions rising with...
- UN humanitarian chief Tom Fletcher called for a massive aid boost by donor countries to respond to "this moment of hope" for Syria
- Years of civil war have also left the country heavily dependent on aid, deeply fragmented and desperate for justice and peace
UN envoy warns Syria conflict not over yet
United Nations' special envoy for Syria, Geir Pedersen, referring to fighting between the US-backed, Kurdish-led Syrian Democratic Forces (SDF) and...
- Israel has carried out hundreds of strikes on Syrian military assets since Assad's overthrow
- Large-scale returns of refugees to Syria could destabilize the country further